United Arab Emirates (UAE) Electric Powertrain Market Overview, 2029

United Arab Emirates (UAE) Electric Powertrain Market Overview, 2029

Driven by the UAE's own ambitious seeks for decreasing carbon emissions and worldwide trends towards sustainable transportation solutions, the electric powertrain industry in the United Arab Emirates has undergone substantial change in recent years. A car's electric motor, power electronics, and battery are all parts of the powertrain, which is the assembly that produces and transfers power to move the vehicle forward. The expansion of this industry is essential to the UAE's goal of diversifying its economy and lowering its reliance on fossil fuels. The UAE's transition to electric powertrains started in the second half of the 2000s with preliminary studies and pilot programmed, mostly supported by government programmers aim to encourage clean energy and lessen environmental effect. Because of worries about battery technology and the infrastructure needed for charging, early adoption was minimal and concentrated on hybrid cars. But as technology developed and international manufacturers stepped up their efforts to produce electric vehicles (EVs), the UAE saw a move towards more reliable electric powertrain options. Through the years, the UAE's electric powertrains have evolved and adapted to meet local needs and global trends in a dynamic manner. Because of the area's long-standing reliance on petrol and oil, conventional internal combustion engines were initially the main focus of the market. The UAE's electric powertrain industry started to change quickly as environmental consciousness increased both domestically and internationally. This was accompanied by developments in battery technology and government programmes encouraging sustainability. This evolution included large-scale investments in EV charging station infrastructure, incentives for EV adoption, and partnerships with global technology companies to launch state-of-the-art electric vehicle models appropriate for the climate and driving conditions of the region.

According to the research report ""UAE Electric Powertrain Market Overview, 2029,"" published by Bonafide Research, the UAE electric powertrain market is anticipated to grow at more than 19.68 % CAGR from 2024 to 2029. Key participants in the electric powertrain industry in the United Arab Emirates comprise both foreign firms and local entities. With their electric car offerings, multinational corporations like Tesla and Nissan play a major role in shaping market trends by using modern powertrain technology and well-known brands. Companies like Bee'ah, which emphasise sustainability and the adoption of electric vehicles, play a critical role in advancing domestic innovation and infrastructure development on a local level. Because of their initiatives to promote renewable energy integration and electric vehicle charging infrastructure, UAE-based organisations like Dubai Electricity and Water Authority (DEWA) are critical stakeholders that have shaped the region's electric powertrain market. Together, these participants support the development of a sophisticated and sustainable automotive industry in the United Arab Emirates.
Two major elements are driving the electric powertrain industry in the United Arab Emirates: customer demand and government efforts. The UAE Vision 2021 and the Energy Strategy 2050 are two of the government's ambitious environmental initiatives that seek to diversify energy sources and lower carbon emissions. These programmes include large sums of money invested in the construction of EV infrastructure, such as charging stations and financial incentives for EV purchases. The popularity of electric cars and, by extension, electric powertrain systems has increased dramatically due to growing consumer awareness and desire for greener, more sustainable transportation choices. The electric powertrain market in the UAE is expected to continue growing and innovating as long as governments continue to encourage the industry and customers continue to look for environmentally friendly options.

The infrastructure needed to facilitate the widespread use of electric cars (EVs) is one of the main challenges. This entails setting up a vast network of charging stations throughout cities, roads, and isolated locations. The ease and accessibility of electric cars (EVs) in comparison to conventional combustion engine vehicles is still limited due to the emerging charging infrastructure in the United Arab Emirates. The price and accessibility of electric cars themselves provide another significant obstacle. In the United Arab Emirates, the initial cost of buying an electric automobile is still greater than that of a conventional vehicle, even if the worldwide EV industry is growing. The EVs' long-term fuel and maintenance cost reductions, this price difference may put off prospective purchasers. The scarcity of reasonably priced electric car models that are suited to the demands and tastes of local markets presents a A hurdle to acceptance in general. To overcome these challenges and improve the financial accessibility of EVs, particular incentives like tax breaks, subsidies, and rebates are required.

Governmental programmes and public awareness are driving a major movement towards sustainability and lowering carbon footprints. In order to promote the use of electric cars (EVs) and improve the infrastructure that supports them, such as charging stations and incentives for EV customers, the UAE government has set aggressive goals. The nation's dedication to diversifying its economy away from its reliance on oil and establishing itself as a leader in clean technologies and renewable energy is supporting this trend. Innovations in electric powertrains and other technological advances are quickly changing the UAE's automobile industry. To increase battery efficiency, increase driving range, and improve overall vehicle performance, businesses are substantially investing in R&D. The increasing prevalence of artificial intelligence and connection technologies in electric vehicles provides customers with a smooth and advanced driving experience.

The electric powertrain sector is expanding quickly in the United Arab Emirates (UAE) and is having a significant impact on both passenger automobiles and commercial vehicles. Due to government incentives encouraging the use of electric vehicles and growing customer awareness of environmental issues, passenger cars with electric powertrains are becoming more and more popular. The UAE's urban-centric commuting patterns are supported by advances in battery technology that increase driving range and charging efficiency, hence pushing the market for electric passenger cars. In the United Arab Emirates, buses and delivery vans are among the commercial vehicles that are switching to electric drivetrains. This trend is mostly being driven by government programmes and legislation meant to improve air quality and reduce emissions. Electric commercial vehicles are becoming more and more appealing to fleet managers and logistics firms in the area since they lower operating costs and support environmental objectives. The UAE's goal to become a pioneer in environmentally friendly transportation solutions is supported by the strategic placement of the nation as a hub for commerce and logistics, which further encourages the adoption of electric commercial vehicles. The electric powertrain market in the United Arab Emirates, which includes both passenger and commercial cars, is expected to increase significantly in the upcoming years due to the ongoing expansion of charging station infrastructure and advancements in technology.

Every component in the electric powertrain industry in the United Arab Emirates is essential to accelerating the uptake of electric cars (EVs) in the area. As the central component of the powertrain, the battery controls the EV's performance and range and serves as a catalyst for improvements in energy density and charging infrastructure. In order to maximise effectiveness and responsiveness, the Power Electronic Controller controls the electrical flow between the battery and the motor. With their quiet operation and high torque, motors and generators transform electrical energy into mechanical power—a feature that is especially useful in urban settings like the United Arab Emirates. Powertrain components that require the smooth conversion of AC to DC power are dependent on converters. EVs have a simpler transmission arrangement than internal combustion engines, but it still maximizes power distribution to the wheels. On-Board Chargers take use of the vast network of charging stations around the United Arab Emirates to enable quick and effective charging. Together, these elements highlight the UAE's dedication to environmentally friendly transport options and are in line with worldwide movements to reduce carbon footprints and improve energy security by electrifying mobility. The UAE's position in the global electric vehicle scene is projected to be enhanced as developments and investments in these components are anticipated to accelerate as the industry matures.

The market for electric powertrains in the United Arab Emirates (UAE) is expanding significantly due to government programmes that support renewable energy sources and growing public awareness of environmental sustainability. As an alternative to conventional internal combustion engine cars, battery electric vehicles (BEVs) have zero emissions and cheaper running costs, which is why they are becoming more and more popular with both consumers and companies. In order to encourage the adoption of BEVs, the UAE government has taken the initiative to provide infrastructure like charging stations, which has increased the vehicles' appeal to buyers who are worried about range anxiety. In the electric powertrain market in the United Arab Emirates, plug-in hybrid electric vehicles (PHEVs) and hybrid electric vehicles (HEVs) are also major competitors. When compared to conventional cars, HEVs have better fuel economy and lower pollutants, which makes them attractive options in metropolitan areas where There is often stop-and-go traffic. PHEVs appeal to buyers who want to lessen their carbon impact without sacrificing long-distance driving capabilities since they can run on electric power alone for brief periods. In the UAE's changing automotive scene, government support for hybrid cars in the form of subsidies and incentives makes them more competitive in the market alongside BEVs. These vehicles also suit an extensive range of customer preferences and driving habits.
Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Electric Powertrain market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Vehicle Type
• Passenger Car
• Commercial Vehicle

By Component
• Battery
• Power Electronic Controller
• Motor/Generator
• Converter
• Transmission
• On-Board Charger

By Application
• BEV
• HEV/PHEV

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Electric Powertrain industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.