New Cars in Middle East - Market Summary, Competitive Analysis and Forecast to 2026
Summary
New Cars in Middle East industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The new cars market consists of the initial retail sale/registration of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickups used predominantly in North America, and other related vehicles. The market value is calculated at retail selling price (RSP) and the market volume is given in terms of units sold. Market share data for the New Cars industry applies to motor manufacturing groups as opposed to their individual brands, i.e. for the Volkswagen Group this includes all of its brands such as Volkswagen, Audi, Skoda, Seat etc. therefore where possible, market share data represents sales figures for every brand in that manufacturing group within each country.
- The Middle Eastern new cars market is expected to generate total revenues of $35.2bn in 2021, representing a compound annual rate of growth (CAGR) of 4.4% between 2017 and 2021
- Market consumption volume is forecast to increase with a CAGR of 2.3% between 2017 and 2021, to reach a total of 1,090.2 thousand units in 2021.
- The COVID-19 pandemic had a significant impact on the automotive industry in 2020, which had a knock-on effect on the new cars market.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in Middle East
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Middle East
- 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 new cars market with five year forecasts
- What was the size of the Middle East new cars market by value in 2021?
- What will be the size of the Middle East new cars market in 2026?
- What factors are affecting the strength of competition in the Middle East new cars market?
- How has the market performed over the last five years?
- What are the main segments that make up Middle East's new cars market?
Companies Mentioned
Nissan Motor Co., Ltd.
Hyundai Motor Company
Toyota Motor Corporation
Volkswagen AG
- 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. How are strategic alliances used by the leading companies?
- 7.4. How is new technology opening up competition?
- 7.5. How are leading players progressing in the hybrid and electric cars segment?
- 7.6. What impact is the COVID-19 pandemic having on leading players?
- 8 Company Profiles
- 8.1. Nissan Motor Co., Ltd.
- 8.2. Hyundai Motor Company
- 8.3. Toyota Motor Corporation
- 8.4. Volkswagen AG
- 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: Middle East new cars market value: $ billion, 2017-21(e)
- Table 2: Middle East new cars market volume: thousand units, 2017-21(e)
- Table 3: Middle East new cars market geography segmentation: $ billion, 2021(e)
- Table 4: Middle East new cars market value forecast: $ billion, 2021-26
- Table 5: Middle East new cars market volume forecast: thousand units, 2021-26
- Table 6: Middle East new cars market share: % share, by volume, 2021(e)
- Table 7: Nissan Motor Co., Ltd.: key facts
- Table 8: Nissan Motor Co., Ltd.: Annual Financial Ratios
- Table 9: Nissan Motor Co., Ltd.: Key Employees
- Table 10: Nissan Motor Co., Ltd.: Key Employees Continued
- Table 11: Nissan Motor Co., Ltd.: Key Employees Continued
- Table 12: Nissan Motor Co., Ltd.: Key Employees Continued
- Table 13: Hyundai Motor Company: key facts
- Table 14: Hyundai Motor Company: Annual Financial Ratios
- Table 15: Hyundai Motor Company: Key Employees
- Table 16: Toyota Motor Corporation: key facts
- Table 17: Toyota Motor Corporation: Annual Financial Ratios
- Table 18: Toyota Motor Corporation: Key Employees
- Table 19: Toyota Motor Corporation: Key Employees Continued
- Table 20: Volkswagen AG: key facts
- Table 21: Volkswagen AG: Annual Financial Ratios
- Table 22: Volkswagen AG: Key Employees
- Table 23: Volkswagen AG: Key Employees Continued
- Table 24: Volkswagen AG: Key Employees Continued
- Table 25: Middle East size of population (million), 2017-21
- Table 26: Middle East gdp (constant 2005 prices, $ billion), 2017-21
- Table 27: Middle East gdp (current prices, $ billion), 2017-21
- Table 28: Middle East inflation, 2017-21
- Table 29: Middle East consumer price index (absolute), 2017-21
- Table 30: Middle East exchange rate, 2016-20
- List of Figures
- Figure 1: Middle East new cars market value: $ billion, 2017-21(e)
- Figure 2: Middle East new cars market volume: thousand units, 2017-21(e)
- Figure 3: Middle East new cars market geography segmentation: % share, by value, 2021(e)
- Figure 4: Middle East new cars market value forecast: $ billion, 2021-26
- Figure 5: Middle East new cars market volume forecast: thousand units, 2021-26
- Figure 6: Forces driving competition in the new cars market in the Middle East, 2021
- Figure 7: Drivers of buyer power in the new cars market in the Middle East, 2021
- Figure 8: Drivers of supplier power in the new cars market in the Middle East, 2021
- Figure 9: Factors influencing the likelihood of new entrants in the new cars market in the Middle East, 2021
- Figure 10: Factors influencing the threat of substitutes in the new cars market in the Middle East, 2021
- Figure 11: Drivers of degree of rivalry in the new cars market in the Middle East, 2021
- Figure 12: Middle East new cars market share: % share, by volume, 2021(e)
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook