New Cars in Middle East & Africa
Description
New Cars in Middle East & Africa
Summary
New Cars in Middle East & Africa 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
New Cars in Middle East & Africa 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
- New cars market includes retail sales/registrations of new passenger cars. The scope of passenger cars covers saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- The Middle East & African new cars market recorded revenues of $50.9 billion in 2024, representing a compound annual growth rate (CAGR) of 1.9% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 4% between 2019 and 2024, reaching a total of 1,720,266.0 units in 2024.
- In 2024, Saudi Arabia accounted for a share of 30.0% of the Middle East & African new cars market, making it the largest market in the region. It was followed by the United Arab Emirates (UAE) with a share of 28.2%.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the new cars market in Middle East & Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Middle East & Africa
- Leading company profiles reveal details of key new cars market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Middle East & Africa new cars market with five year forecasts
- What was the size of the Middle East & Africa new cars market by value in 2024?
- What will be the size of the Middle East & Africa new cars market in 2029?
- What factors are affecting the strength of competition in the Middle East & Africa new cars market?
- How has the market performed over the last five years?
- How large is Middle East & Africa’s new cars market in relation to its regional counterparts?
Table of Contents
45 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Geography segmentation
- 1.6. Market share
- 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. 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. Market share
- 7.2. Who are the leading players?
- 7.3. What are the strategies of the leading players?
- 7.4. What are the strengths of the leading players?
- 7.5. What have been the most recent market developments?
- 8 Company Profiles
- 8.1. Stellantis NV
- 8.2. Toyota Motor Corp
- 8.3. Renault-Nissan-Mitsubishi Alliance
- 8.4. Hyundai Motor Co
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Related MarketLine research
- 10.3. About MarketLine
- List of Tables
- Table 1: Middle East & Africa new cars market value: $ billion, 2019-24
- Table 2: Middle East & Africa new cars market volume: units, 2019-24
- Table 3: Middle East & Africa new cars market geography segmentation: $ billion, 2024
- Table 4: Middle East & Africa new cars market value forecast: $ billion, 2024-29
- Table 5: Middle East & Africa new cars market volume forecast: units, 2024-29
- Table 6: Middle East & Africa new cars market share: % share, by volume, 2024
- Table 7: Stellantis NV: Key Facts
- Table 8: Stellantis NV: Annual Financial Ratios
- Table 9: Stellantis NV: Key Employees
- Table 10: Stellantis NV: Key Employees Continued
- Table 11: Toyota Motor Corp: Key Facts
- Table 12: Toyota Motor Corp: Annual Financial Ratios
- Table 13: Toyota Motor Corp: Key Employees
- Table 14: Renault-Nissan-Mitsubishi Alliance: Key Facts
- Table 15: Renault-Nissan-Mitsubishi Alliance: Key Employees
- Table 16: Hyundai Motor Co: Key Facts
- Table 17: Hyundai Motor Co: Annual Financial Ratios
- Table 18: Hyundai Motor Co: Key Employees
- Table 19: Hyundai Motor Co: Key Employees Continued
- Table 20: Middle East & Africa Size of Population (Million), 2020-24
- Table 21: Middle East & Africa Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 22: Middle East & Africa GDP (Current Prices, $ Billion), 2020-24
- Table 23: Middle East & Africa Inflation, 2020-24
- Table 24: Middle East & Africa Consumer Price Index (Absolute), 2020-24
- Table 25: Middle East & Africa Exchange Rate, 2019-24
- List of Figures
- Figure 1: Middle East & Africa new cars market value: $ billion, 2019-24
- Figure 2: Middle East & Africa new cars market volume: units, 2019-24
- Figure 3: Middle East & Africa new cars market geography segmentation: % share, by value, 2024
- Figure 4: Middle East & Africa new cars market value forecast: $ billion, 2024-29
- Figure 5: Middle East & Africa new cars market volume forecast: units, 2024-29
- Figure 6: Forces driving competition in the new cars market in Middle East & Africa, 2024
- Figure 7: Drivers of buyer power in the new cars market in Middle East & Africa, 2024
- Figure 8: Drivers of supplier power in the new cars market in Middle East & Africa, 2024
- Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Middle East & Africa, 2024
- Figure 10: Factors influencing the threat of substitutes in the new cars market in Middle East & Africa, 2024
- Figure 11: Drivers of degree of rivalry in the new cars market in Middle East & Africa, 2024
- Figure 12: Middle East & Africa new cars market share: % share, by volume, 2024
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