New Cars in Middle East

New Cars in Middle East

  • May 2018 •
  • 41 pages •
  • Report ID: 3016491 •
  • Format: PDF
New Cars in Middle East

Summary
New Cars in Middle East industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis
Essential resource for top-line data and analysis covering the Middle East new cars market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

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 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 shares consist of 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. Any currency conversions used in this report have been calculated at constant 2017 annual average exchange rates.
- The Middle Eastern new cars market had total revenues of $29.5bn in 2017, representing a compound annual growth rate (CAGR) of 0% between 2013 and 2017.
- Market consumption volumes declined with a CARC of -4.6% between 2013 and 2017, to reach a total of 992.9 thousand units in 2017.
- The market has been affected by the economic turbulence present in the region’s Gulf countries, related to the fall in oil prices, with private consumption and demand for new cars falling significantly since 2016.

Scope
- Save time carrying out entry-level research by identifying the size, growth, 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 by both value and volume

Reasons to buy
- What was the size of the Middle East new cars market by value in 2017?
- What will be the size of the Middle East new cars market in 2022?
- 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?
- Who are the top competitiors in Middle East’s new cars market?
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