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New Cars in Saudi Arabia

Publisher MarketLine
Published Sep 04, 2025
Length 47 Pages
SKU # MTLN20645704

Description

New Cars in Saudi Arabia

Summary

New Cars in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 Saudi Arabian new cars market recorded revenues of $15.3 billion in 2024, representing a compound annual growth rate (CAGR) of 7.1% between 2019 and 2024.
  • Market consumption volume increased with a CAGR of 9.4% between 2019 and 2024, reaching a total of 718,691.0 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.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the new cars market in Saudi Arabia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Saudi Arabia
  • 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 Saudi Arabia new cars market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the Saudi Arabia new cars market by value in 2024?
  • What will be the size of the Saudi Arabia new cars market in 2029?
  • What factors are affecting the strength of competition in the Saudi Arabia new cars market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Saudi Arabia's new cars market?

Table of Contents

47 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 are the recent developments in the market?
8 Company Profiles
8.1. Toyota Motor Corp
8.2. Hyundai Motor Co
8.3. Renault-Nissan-Mitsubishi Alliance
8.4. Ford 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 new cars market value: $ billion, 2019-24
Table 2: Saudi Arabia new cars market volume: units, 2019-24
Table 3: Saudi Arabia new cars market geography segmentation: $ billion, 2024
Table 4: Saudi Arabia new cars market value forecast: $ billion, 2024-29
Table 5: Saudi Arabia new cars market volume forecast: units, 2024-29
Table 6: Saudi Arabia new cars market share: % share, by volume, 2024
Table 7: Toyota Motor Corp: Key Facts
Table 8: Toyota Motor Corp: Annual Financial Ratios
Table 9: Toyota Motor Corp: Key Employees
Table 10: Hyundai Motor Co: Key Facts
Table 11: Hyundai Motor Co: Annual Financial Ratios
Table 12: Hyundai Motor Co: Key Employees
Table 13: Hyundai Motor Co: Key Employees Continued
Table 14: Renault-Nissan-Mitsubishi Alliance: Key Facts
Table 15: Renault-Nissan-Mitsubishi Alliance: Key Employees
Table 16: Ford Motor Co: Key Facts
Table 17: Ford Motor Co: Annual Financial Ratios
Table 18: Ford Motor Co: Key Employees
Table 19: Ford Motor Co: Key Employees Continued
Table 20: Ford Motor Co: Key Employees Continued
Table 21: Ford Motor Co: Key Employees Continued
Table 22: Saudi Arabia Size of Population (Million), 2020-24
Table 23: Saudi Arabia Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 24: Saudi Arabia GDP (Current Prices, $ Billion), 2020-24
Table 25: Saudi Arabia Inflation, 2020-24
Table 26: Saudi Arabia Consumer Price Index (Absolute), 2020-24
Table 27: Saudi Arabia Exchange Rate, 2019-24
List of Figures
Figure 1: Saudi Arabia new cars market value: $ billion, 2019-24
Figure 2: Saudi Arabia new cars market volume: units, 2019-24
Figure 3: Saudi Arabia new cars market geography segmentation: % share, by value, 2024
Figure 4: Saudi Arabia new cars market value forecast: $ billion, 2024-29
Figure 5: Saudi Arabia new cars market volume forecast: units, 2024-29
Figure 6: Forces driving competition in the new cars market in Saudi Arabia, 2024
Figure 7: Drivers of buyer power in the new cars market in Saudi Arabia, 2024
Figure 8: Drivers of supplier power in the new cars market in Saudi Arabia, 2024
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Saudi Arabia, 2024
Figure 10: Factors influencing the threat of substitutes in the new cars market in Saudi Arabia, 2024
Figure 11: Drivers of degree of rivalry in the new cars market in Saudi Arabia, 2024
Figure 12: Saudi Arabia new cars market share: % share, by volume, 2024

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