
Automotive Manufacturing in Saudi Arabia
Description
Automotive Manufacturing in Saudi Arabia
Summary
Automotive Manufacturing in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Automotive Manufacturing in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The automotive manufacturing industry is segmented into car manufacturing, motorcycle manufacturing, and truck manufacturing. The electric and hybrid vehicles are out of our market scope.
- The Saudi Arabian automotive manufacturing industry recorded revenues of $1.9 billion in 2024, representing a compound annual growth rate (CAGR) of 3.2% between 2019 and 2024.
- Industry production volume increased with a CAGR of 2.8% between 2019 and 2024, reaching a total of 53,038 thousand units in 2024.
- The Saudi Arabian automotive manufacturing industry’s production volume grew by 18.2% in 2024, which was supported by rising demand from the domestic rental car market. Fleet expansion by rental companies led to bulk orders, boosting factory output. According to GlobalData, the rental car fleet in the Saudi Arabian stood at 84,353 units in 2024, an increase of 5.9% from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the automotive manufacturing market in Saudi Arabia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive manufacturing market in Saudi Arabia
- Leading company profiles reveal details of key automotive manufacturing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Saudi Arabia automotive manufacturing market with five year forecasts
- What was the size of the Saudi Arabia automotive manufacturing market by value in 2024?
- What will be the size of the Saudi Arabia automotive manufacturing market in 2029?
- What factors are affecting the strength of competition in the Saudi Arabia automotive manufacturing market?
- How has the market performed over the last five years?
- What are the main segments that make up Saudi Arabia's automotive manufacturing market?
Table of Contents
46 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of leading players?
- 8 Company Profiles
- 8.1. Volkswagen AG
- 8.2. Nissan Motor Co Ltd
- 8.3. Hyundai Motor Co
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Saudi Arabia automotive manufacturing industry value: $ billion, 2019-24
- Table 2: Saudi Arabia automotive manufacturing industry volume: million units, 2019-24
- Table 3: Saudi Arabia automotive manufacturing industry category segmentation: % share, by value, 2019-24
- Table 4: Saudi Arabia automotive manufacturing industry category segmentation: $ billion, 2019-24
- Table 5: Saudi Arabia automotive manufacturing industry geography segmentation: $ billion, 2024
- Table 6: Saudi Arabia automotive manufacturing industry value forecast: $ billion, 2024-29
- Table 7: Saudi Arabia automotive manufacturing industry volume forecast: million units, 2024-29
- Table 8: Volkswagen AG: Key Facts
- Table 9: Volkswagen AG: Annual Financial Ratios
- Table 10: Volkswagen AG: Key Employees
- Table 11: Volkswagen AG: Key Employees Continued
- Table 12: Nissan Motor Co Ltd: Key Facts
- Table 13: Nissan Motor Co Ltd: Annual Financial Ratios
- Table 14: Nissan Motor Co Ltd: Key Employees
- Table 15: Nissan Motor Co Ltd: Key Employees Continued
- Table 16: Hyundai Motor Co: Key Facts
- Table 17: Hyundai Motor Co: Annual Financial Ratios
- Table 18: Hyundai Motor Co: Key Employees
- Table 19: Saudi Arabia Size of Population (Million), 2020-24
- Table 20: Saudi Arabia Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 21: Saudi Arabia GDP (Current Prices, $ Billion), 2020-24
- Table 22: Saudi Arabia Inflation, 2020-24
- Table 23: Saudi Arabia Consumer Price Index (Absolute), 2020-24
- Table 24: Saudi Arabia Exchange Rate, 2019-24
- List of Figures
- Figure 1: Saudi Arabia automotive manufacturing industry value: $ billion, 2019-24
- Figure 2: Saudi Arabia automotive manufacturing industry volume: million units, 2019-24
- Figure 3: Saudi Arabia automotive manufacturing industry category segmentation: $ billion, 2019-24
- Figure 4: Saudi Arabia automotive manufacturing industry geography segmentation: % share, by value, 2024
- Figure 5: Saudi Arabia automotive manufacturing industry value forecast: $ billion, 2024-29
- Figure 6: Saudi Arabia automotive manufacturing industry volume forecast: million units, 2024-29
- Figure 7: Forces driving competition in the automotive manufacturing industry in Saudi Arabia, 2024
- Figure 8: Drivers of buyer power in the automotive manufacturing industry in Saudi Arabia, 2024
- Figure 9: Drivers of supplier power in the automotive manufacturing industry in Saudi Arabia, 2024
- Figure 10: Factors influencing the likelihood of new entrants in the automotive manufacturing industry in Saudi Arabia, 2024
- Figure 11: Factors influencing the threat of substitutes in the automotive manufacturing industry in Saudi Arabia, 2024
- Figure 12: Drivers of degree of rivalry in the automotive manufacturing industry in Saudi Arabia, 2024
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