17 datasets found
  1. Saudi Arabia - share of people who have access to a car in 2017-2018

    • statista.com
    Updated Jul 2, 2021
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    Statista (2021). Saudi Arabia - share of people who have access to a car in 2017-2018 [Dataset]. https://www.statista.com/statistics/915013/saudi-arabia-access-to-cars/
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    Dataset updated
    Jul 2, 2021
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Saudi Arabia
    Description

    This statistic shows the results of a survey conducted by Cint on the share of people who had access to a car in Saudi Arabia between 2017 and 2018. In 2018, 49.03 percent of the respondents stated they owned a car.

  2. Car owners in selected countries worldwide 2025

    • statista.com
    Updated Jan 29, 2025
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    Statista (2025). Car owners in selected countries worldwide 2025 [Dataset]. https://www.statista.com/forecasts/1452573/share-of-car-owners-in-selected-countries-worldwide
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    Dataset updated
    Jan 29, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2024 - Dec 2024
    Area covered
    World
    Description

    Talking about mobility, the highest car owners in selected countries worldwide can be found in Saudi Arabia, where 95 percent of consumers are part of this category. The second highest ranking country is Malaysia with 95 percent of respondents falling into this category. The last place is taken by Philippines.Statista Consumer Insights offer you all results of our exclusive Statista surveys, based on more than 2,000,000 interviews.

  3. Ownership cost of commercial cars over five years Saudi Arabia 2024, by fuel...

    • statista.com
    Updated Mar 11, 2025
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    Statista (2025). Ownership cost of commercial cars over five years Saudi Arabia 2024, by fuel type [Dataset]. https://www.statista.com/statistics/1558563/saudi-arabia-ownership-cost-of-commercial-cars-by-type/
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    Dataset updated
    Mar 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    Saudi Arabia
    Description

    In 2024, the total five-year ownership cost of commercial battery electric vehicles (BEV) with over 150,000 kilometers in Saudi Arabia was around 80,700 U.S. dollars. This was still slightly higher than the total ownership cost for internal combustion engine (ICE) cars in the country.

  4. Volume of vehicle sales in Saudi Arabia from 2017-2023

    • statista.com
    Updated Feb 14, 2022
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    Statista (2022). Volume of vehicle sales in Saudi Arabia from 2017-2023 [Dataset]. https://www.statista.com/statistics/1034530/saudi-arabia-volume-of-vehicle-sales/
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    Dataset updated
    Feb 14, 2022
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2017
    Area covered
    Saudi Arabia
    Description

    The volume of vehicle sales in Saudi Arabia for 2023 was forecasted at 497 thousand units, continuing the upward trend. Saudi Arabia was the leading automotive importer of the Gulf Cooperation Council region.

  5. S

    Saudi Arabia Motor Vehicles Sales

    • ceicdata.com
    Updated Feb 15, 2025
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    Saudi Arabia Motor Vehicles Sales [Dataset]. https://www.ceicdata.com/en/indicator/saudi-arabia/motor-vehicles-sales
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    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2012 - Dec 1, 2023
    Area covered
    Saudi Arabia
    Description

    Key information about Saudi Arabia Motor Vehicles Sales

    • Saudi Arabia Motor Vehicles Sales recorded 758,791 units in Dec 2023, compared with 616,491 units in the previous year.
    • Saudi Arabia Motor Vehicles Sales is updated yearly, available from 2005 to 2023, with an averaged number of 562,900 units.
    • The data reached an all-time high of 830,100 units in Dec 2015 and a record low of 403,857 units in Dec 2018.

    CEIC calculates annual Motor Vehicles Sales from semiannual Motor Vehicles Sales. The International Organization of Motor Vehicle Manufacturers provides year-to-date Motor Vehicles Sales.

  6. t

    Market Segmentation for Malaysia Used Car Market Basis Car Brands on the...

    • tracedataresearch.com
    Updated Sep 15, 2024
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    TraceData Research (2024). Market Segmentation for Malaysia Used Car Market Basis Car Brands on the Basis of Volume Sales in Percentage, 2023 [Dataset]. https://www.tracedataresearch.com/industry-report/saudi-arabia-used-car-market
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    Dataset updated
    Sep 15, 2024
    Dataset authored and provided by
    TraceData Research
    Description

    By Car Brands:Toyota continues to dominate the used car market in Saudi Arabia due to the higher preference of the consumers towards the brand for its reliability and low maintenance. Also, the easy availability of spare parts and the higher residual value of Toyota cars contribute to higher sales. Hyundai contributed to the second-highest sales volume in 2023 By Type of Cars:Sedans and hatchbacks were observed to dominate the used car market based on sales volume as they are economical and suitable for almost all kinds of buyers. SUVs & crossovers were found to be the second most preferred types of cars in the country and pick-ups & luxury cars contributed to the remaining sales. By Sales Channel:The unorganized sector contributed to most of the sales of used cars in the country. This higher preference for the Unorganized sector was because used cars are cheaper on this platform and customers save 15% on VAT charged by Organized players. Over time preference for organized is increasing due to more convenient buying experience and value-added services (warranty, certification). By Market Structure:The industry in Saudi Arabia is largely unorganized due to the preference of consumers towards peer-to-peer sales, largely facilitated by online auto-classified platforms. The organized market comprises large, authorized brand dealerships as well as multi-brand outlets and exhibitions. Saudi Arabia Used Car Market Segmentation Government Incentives for Electric Vehicles:To promote the adoption of electric vehicles (EVs), the Saudi government has introduced various incentives, including reduced import duties, tax exemptions, and subsidies. These incentives are particularly aimed at encouraging the entry of used electric cars into the market. In 2023, EVs represented about 2% of the total used car sales, a number expected to grow as these incentives take effect.

  7. k

    Car Plates Issued in the Kingdom by Type

    • datasource.kapsarc.org
    • data.subak.org
    Updated May 1, 2024
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    (2024). Car Plates Issued in the Kingdom by Type [Dataset]. https://datasource.kapsarc.org/explore/dataset/saudi-arabia-car-plates-issued-in-the-kingdom-by-type-2004-2008/
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    Dataset updated
    May 1, 2024
    License

    Open Database License (ODbL) v1.0https://www.opendatacommons.org/licenses/odbl/1.0/
    License information was derived automatically

    Description

    This dataset contains Saudi Arabia Car Plates Issued in the Kingdom By Type from 1997-2019 Ministry of Interior, Export API data for more datasets to advance energy economics research.Vehicles: Heavy machinery (i.e. scrapers, excavators, etc.)

  8. k

    Automotive Market in KSA

    • kenresearch.com
    Updated Apr 28, 2023
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    Ken Research (2023). Automotive Market in KSA [Dataset]. https://www.kenresearch.com/industry-reports/ksa-automotive-market
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    Dataset updated
    Apr 28, 2023
    Dataset authored and provided by
    Ken Research
    Area covered
    Saudi Arabia
    Description

    Get ready for a ride Find out how Saudi Arabia car market is booming. From government support to changing demographics, we got the road ahead covered.

  9. Annual growth rate of new vehicle sales Saudi Arabia 2023, by model

    • statista.com
    Updated Oct 7, 2024
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    Statista (2024). Annual growth rate of new vehicle sales Saudi Arabia 2023, by model [Dataset]. https://www.statista.com/statistics/1497073/saudi-arabia-growth-of-car-sales-by-model/
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    Dataset updated
    Oct 7, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    Saudi Arabia
    Description

    In 2023, Toyota Yaris Sedan had a sales growth rate of 36.7 percent in Saudi Arabia. Toyota Yaris Sedan was leading Saudi Arabia's new vehicle sales with the highest market share.

  10. Vehicle Roadside Assistance Market Analysis Europe, APAC, North America,...

    • technavio.com
    Updated Jun 15, 2024
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    Technavio (2024). Vehicle Roadside Assistance Market Analysis Europe, APAC, North America, Middle East and Africa, South America - US, UK, Germany, China, France - Size and Forecast 2024-2028 [Dataset]. https://www.technavio.com/report/vehicle-roadside-assistance-market-industry-analysis
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    Dataset updated
    Jun 15, 2024
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    United States, United Kingdom, Global
    Description

    Snapshot img

    Vehicle Roadside Assistance Market Size 2024-2028

    The vehicle roadside assistance market size is forecast to increase by USD 10.2 billion at a CAGR of 7.44% between 2023 and 2028.

    The market is experiencing significant growth due to several key trends. The increasing number of road accidents necessitates the need for reliable roadside assistance services. Additionally, the rising demand for vehicle connectivity solutions is driving market growth, as these technologies enable real-time monitoring and quick response in case of emergencies. However, the high cost of vehicle roadside services remains a challenge for market growth. Virtual meetings, autonomous vehicles, connected vehicles, mobile apps, and IoT devices are also expected to impact the market. Despite this, the market is expected to continue expanding due to these trends and the growing importance of ensuring safety and convenience for vehicle owners. The market analysis report provides a comprehensive overview of these factors and their impact on the market.
    

    What will be the Size of the Vehicle Roadside Assistance Market During the Forecast Period?

    Request Free Sample

    The market encompasses a range of services designed to aid passengers in distress on the road. This market caters to various automotive scenarios, including towing services for disabled vehicles, booster services for flat tires or dead batteries, and electrical or mechanical repairs. The market's growth is driven by the increasing sales of passenger vehicles, the aging of the global vehicle fleet, and the integration of automotive connectivity solutions in modern cars. Smartphone app-based services have emerged as a popular trend, enabling users to request assistance with a few taps. Automakers and car dealers often offer roadside vehicle aid as an additional service to customers, while insurance providers increasingly offer full insurance coverage for such incidents.
    Commercial vehicles and heavy-duty vehicles also require roadside assistance services, with winch battery replacement and other specialized services catering to their unique needs. Labor costs and technological advancements continue to shape the market's dynamics. Road safety alerts and weather alerts are increasingly integrated into roadside assistance services, enhancing user experience and promoting safety on the roads. The market is expected to maintain its growth trajectory, driven by the increasing demand for convenience and peace of mind among vehicle owners.
    

    How is this Vehicle Roadside Assistance Industry segmented and which is the largest segment?

    The vehicle roadside assistance industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

    Application
    
      Passenger cars
      Commercial vehicles
    
    
    Service
    
      Towing
      Tire replacement
      Fuel delivery
      Others
    
    
    Geography
    
      Europe
    
        Germany
        UK
        France
    
    
      APAC
    
        China
    
    
      North America
    
        US
    
    
      Middle East and Africa
    
    
    
      South America
    

    By Application Insights

    The passenger cars segment is estimated to witness significant growth during the forecast period. The market is driven by the increasing sales of passenger vehicles, particularly in emerging economies such as Brazil, India, China, and South Africa, as well as Middle Eastern countries like the UAE, Qatar, and Saudi Arabia. Economic growth In these regions has led to an increase in disposable income, resulting in higher demand for passenger vehicles and subsequent expenditures on vehicle insurance and related services, including roadside assistance. This segment is expected to dominate the market during the forecast period. Additionally, the commercial vehicle segment, including light and heavy commercial vehicles, is also expected to grow due to the increasing demand for fleet management and maintenance services.
    Smartphone app-based services, labor costs, and gasoline costs are key factors influencing the market's growth. Key players In the market include Auto manufacturers, Roadside vehicle aid providers, One Moto India, Global Assure, Omega Seiki Mobility, and various automakers. Services offered include towing, fuel delivery, jump start, tire replacement, battery assistance, and electrical mechanical repairs. The market is expected to grow due to the increasing popularity of automotive connectivity solutions, road safety alerts, and weather alerts. Vehicle breakdowns and accidents, as well as aging vehicle fleets and mechanical issues, are common challenges faced by consumers, leading to the need for subscription and membership models.
    

    Get a glance at the market report of share of various segments Request Free Sample

    The passenger cars segment was valued at USD 13.87 billion in 2018 and showed a gradual incre
    
  11. Vehicles sold in the GCC 2023, by country

    • statista.com
    Updated Oct 9, 2024
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    Statista (2024). Vehicles sold in the GCC 2023, by country [Dataset]. https://www.statista.com/statistics/673002/gcc-number-of-vehicle-sales-by-country/
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    Dataset updated
    Oct 9, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    MENA
    Description

    In 2023, the highest number of new vehicles sold or registered in the Gulf Cooperation Council countries was in Saudi Arabia, with about 759 thousand vehicles. The United Arab Emirates followed with approximately 259 thousand new vehicles that year. Vehicle market in the GCC The total number of vehicles sold in the GCC countries has been significantly increasing over the years. During 2018, Toyota was the leading vehicle manufacturer with the highest market share in Saudi Arabia. The wholesale, retail trade, and repair of vehicles is a large market in Saudi Arabia with operating revenues that exceeded 39 billion U.S. dollars in 2017. Automobile manufacturing facilities in the GCC are not very prominent, but small steps are being taken to develop that area. Saudi Arabia and other GCC countries are removing subsidies on fuels along with other goods and services as a transition to meet market prices. This caused an increase in fuel prices and the full imposition of market prices is expected in the next few years. Electric vehicles in the GCC Electric Vehicles (EVs) have recently started to penetrate the GCC market. They are characterized by their lower fuel and maintenance costs as compared to Internal Combustion (IC) vehicles. The majority of the public in the GCC have never owned a hybrid or a full electric vehicle which highlights significant untapped market potential. Among the GCC countries, Saudi Arabia and the United Arab Emirates have the highest awareness level concerning EVs. As the manufacturing costs of EVs fall, along with the spotlight on the importance of reducing carbon emissions as part of the climate change control goal, EVs are expected to gain more popularity worldwide. However, EVs are priced significantly higher than what the public are willing to pay and this is hampering the adoption rate in the GCC.

  12. O

    Oman Used Car Market Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated Mar 5, 2025
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    Data Insights Market (2025). Oman Used Car Market Report [Dataset]. https://www.datainsightsmarket.com/reports/oman-used-car-market-15230
    Explore at:
    ppt, doc, pdfAvailable download formats
    Dataset updated
    Mar 5, 2025
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Oman
    Variables measured
    Market Size
    Description

    The Oman used car market, valued at $0.98 billion in 2025, exhibits robust growth potential, projected to expand at a Compound Annual Growth Rate (CAGR) exceeding 4% from 2025 to 2033. This growth is fueled by several key factors. Increasing vehicle ownership, particularly within younger demographics, coupled with a preference for more affordable used vehicles over new cars, significantly boosts market demand. Furthermore, the expansion of online used car marketplaces, offering greater transparency and convenience, simplifies the buying process and attracts a wider customer base. The organized sector is likely experiencing faster growth than the unorganized sector due to better inventory management, financing options, and consumer trust. However, fluctuating fuel prices and economic uncertainties can act as potential restraints, influencing consumer purchasing decisions and impacting overall market growth. The market segmentation reveals a diverse landscape, with Hatchbacks, Sedans, SUVs, and MPVs catering to varied consumer needs and preferences. The dominance of specific vehicle types within these segments will likely shift based on evolving consumer priorities and economic conditions. Volkswagen Certified Used Car, OpenSooq, YallaMotors.com, Best Cars, Dubizzle Group, Kavak, OTE Group, and Omanicar are key players shaping market competition and innovation. The historical period (2019-2024) likely saw a more moderate growth rate compared to the projected forecast period (2025-2033). This acceleration is attributed to improved economic conditions, increasing disposable incomes, and the maturing of the online used car market infrastructure in Oman. Future growth will be contingent on factors such as government policies promoting sustainable transportation, the availability of financing options for used car purchases, and the continued expansion of digital platforms that facilitate transactions. The ongoing development of robust quality control and certification mechanisms within the organized sector will further contribute to growth by instilling buyer confidence. Competition amongst established players and the emergence of new entrants will also drive market dynamics and potentially improve pricing and service offerings for consumers. This report provides a detailed analysis of the dynamic Oman used car market, encompassing historical data (2019-2024), current estimates (2025), and future projections (2025-2033). It delves into market size, segmentation, key players, and growth drivers, offering valuable insights for businesses and investors seeking opportunities in this thriving sector. The report utilizes high-search-volume keywords like "Oman used car market size," "Oman pre-owned car sales," "used car prices in Oman," and "Oman automotive market trends" to ensure maximum online visibility. Recent developments include: July 2023: Mercedes-Benz Oman introduced a limited-time offer for their certified pre-owned vehicles. The Mercedes-Benz Certified Pre-Owned collection is meticulously curated, featuring top-tier used vehicles selected from the Mercedes-Benz lineup. Each vehicle in this collection meets rigorous technical standards, undergoing a comprehensive 150-point assessment performed by highly skilled technicians. This thorough evaluation encompasses examinations of both the vehicle's external and internal condition, validation of mileage, verification of service history, and on-road performance assessments., October 2022: Mexico's pre-owned car platform, Kavak, announced its plans to invest USD 130 million in the GCC region, including Oman, over the next two years. This investment is aimed at establishing the leading used-car platforms in the Gulf following its merger with regional player Carzaty. Kavak, a prominent Latin American used-car dealership operating in 10 countries, such as Mexico, Brazil, Argentina, and Turkey, will initiate its GCC expansion by commencing operations in the UAE and Oman. The subsequent phases will involve extending its presence to Saudi Arabia. The planned used-car operation by Kavak in the Gulf is set to have a workforce exceeding 1,000 employees and will boast the largest vehicle reconditioning centers across the GCC.. Key drivers for this market are: High Cost Associated With the New Cars and Affordability Concerns Drive the Market, Others. Potential restraints include: Stringent Governmental Regulations and Import Taxes Restrict the Market Growth. Notable trends are: Financial Institutions Offer Various Options to Support Individuals in Buying Used Cars-.

  13. a

    Saudi Arabia Electric Vehicle Market Size, Growth 2032

    • astuteanalytica.com
    Updated Apr 26, 2024
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    Astute Analytica (2024). Saudi Arabia Electric Vehicle Market Size, Growth 2032 [Dataset]. https://www.astuteanalytica.com/industry-report/saudi-arabia-electric-vehicle-market
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    Dataset updated
    Apr 26, 2024
    Dataset authored and provided by
    Astute Analytica
    License

    https://www.astuteanalytica.com/privacy-policyhttps://www.astuteanalytica.com/privacy-policy

    Area covered
    Worldwide, Saudi Arabia
    Description

    Saudi Arabia Electric Vehicle Market is projected to reach USD 3,639.1 million by 2032, growing at a CAGR of 54.64% from 2024-2032.

  14. d

    Luxury Car Market Analysis, Trends, Growth, Industry Revenue, Market Size...

    • datastringconsulting.com
    pdf, xlsx
    Updated Feb 12, 2025
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    Datastring Consulting (2025). Luxury Car Market Analysis, Trends, Growth, Industry Revenue, Market Size and Forecast Report 2024-2034 [Dataset]. https://datastringconsulting.com/industry-analysis/luxury-car-market-research-report
    Explore at:
    xlsx, pdfAvailable download formats
    Dataset updated
    Feb 12, 2025
    Dataset authored and provided by
    Datastring Consulting
    License

    https://datastringconsulting.com/privacy-policyhttps://datastringconsulting.com/privacy-policy

    Time period covered
    2019 - 2034
    Area covered
    Global
    Description
    Report Attribute/MetricDetails
    Market Value in 2025USD 1.8 unknown unit
    Revenue Forecast in 2034USD 14.3 unknown unit
    Growth RateCAGR of 25.6% from 2025 to 2034
    Base Year for Estimation2024
    Industry Revenue 20241.5 unknown unit
    Growth Opportunity USD 12.8 unknown unit
    Historical Data2019 - 2023
    Forecast Period2025 - 2034
    Market Size UnitsMarket Revenue in USD unknown unit and Industry Statistics
    Market Size 20241.5 unknown unit USD
    Market Size 20272.9 unknown unit USD
    Market Size 20294.6 unknown unit USD
    Market Size 20305.7 unknown unit USD
    Market Size 203414.3 unknown unit USD
    Market Size 203517.9 unknown unit USD
    Report CoverageMarket Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
    Segments CoveredProduct Specific, Drive Type, Customer Type
    Regional ScopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
    Country ScopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
    Top 5 Major Countries and Expected CAGR ForecastU.S., China, Germany, UK, Japan - Expected CAGR 24.6% - 35.8% (2025 - 2034)
    Top 3 Emerging Countries and Expected ForecastIndia, United Arab Emirates, Brazil - Expected Forecast CAGR 19.2% - 26.6% (2025 - 2034)
    Top 2 Opportunistic Market SegmentsSUVs and Convertibles Product Specific
    Top 2 Industry TransitionsTransition to Emission-Free Luxury Vehicles, Luxury Car Experience Beyond Ownership
    Companies ProfiledRolls-Royce, Bentley, Aston Martin, Ferrari, Porsche, Lamborghini, Mercedes-Benz, BMW, Maserati, Bugatti, Audi and Tesla.
    CustomizationFree customization at segment, region, or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement (10% of report value)
  15. Leading searched car models above 240 thousand AED UAE 2019

    • statista.com
    Updated Dec 10, 2024
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    Statista (2024). Leading searched car models above 240 thousand AED UAE 2019 [Dataset]. https://www.statista.com/statistics/1156183/uae-leading-searched-car-models-above-240k-aed/
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    Dataset updated
    Dec 10, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2019
    Area covered
    United Arab Emirates
    Description

    The top searched vehicle model with a price above 240 thousand Emirati dirhams in the United Arab Emirates for the year 2019 was Mercedes S-Class at about 22.5 thousand searches. During this time total number of unique car listings viewed by buyers was approximately 348 thousand.

  16. Saudi Arabia - best-selling car models 2020

    • statista.com
    Updated Aug 24, 2022
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    Statista (2022). Saudi Arabia - best-selling car models 2020 [Dataset]. https://www.statista.com/statistics/375657/best-selling-car-models-in-saudi-arabia/
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    Dataset updated
    Aug 24, 2022
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2020
    Area covered
    MENA, Saudi Arabia
    Description

    In 2020, Hyundai Elantra reigned as the best-selling car models in the Kingdom of Saudi Arabia, with approximately 26.4 thousand units sold. Japanese manufacturer Toyota’s models Camry and Hilux closely followed, registering sales of respectively 24.78 thousand and 21.84 thousand units in that same year. Toyota and Hyundai have long been dominating the Saudi Arabian automotive industry, accounting for the highest combined share of vehicles on the market.

    Saudi Arabia’s automotive market As of 2020, Saudi Arabia was the automotive market leader in the entire Gulf Cooperation Council region, holding the largest share of the regional vehicle sales volume. That year, passenger vehicle sales in Saudi Arabia dropped, reflecting the impact of the coronavirus outbreak on the global economy, but was forecast to exceed pre-COVID level by 2022. As an import-driven automotive market, Saudi Arabia has yet to unleash its full potential. The country’s first ever locally manufactured car, a SUV named “Ghazal 1”, unveiled back in 2010, marked a turning point for its domestic automotive production industry.

    Sustainable alternatives In Saudi Arabia, road transportation remains one of the prime contributors to the high carbon dioxide emissions, as the country relies heavily on natural gas, crude oil, as well as other petroleum products to fuel its energy consumption. Ranked among the world’s highest CO2 emission from transportation per capita, Saudi Arabia appears to still have a lot of room for action. In order to pursue its Vision 2030 goals towards a more sustainable economy diversifying away from oil, the Saudi government decided to push electric vehicles (EV) consumption by sealing a deal with Lucid Motors, an EV manufacturer headquartered in California. This includes an initial purchase of 50 thousand vehicles and optional purchases of up to another 50 thousand vehicles over a ten-year period.

  17. Market share of leading car brands Kuwait 2023

    • statista.com
    Updated Oct 4, 2024
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    Statista (2024). Market share of leading car brands Kuwait 2023 [Dataset]. https://www.statista.com/statistics/673304/kuwait-car-sales-market-share-by-brand/
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    Dataset updated
    Oct 4, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    Kuwait
    Description

    In 2023, the best-selling car brand in Kuwait was Toyota with a market share of 32.6 percent of new car sales. It was followed by Nissan with a share of about 8.2 percent of new car sales. GCC automotive overview   The automotive sector in the Gulf Cooperation Council (GCC) region has recognized worldwide importance. It has been growing over the years and it is viewed as a promising opportunity for both mass-market and premium vehicle producers. The premium vehicle market is more pronounced in Saudi Arabia and the United Arab Emirates (UAE) with brands such as Mercedes, Range Rover, and Porsche , but it also remains an important market for Japanese and Korean automakers. The COVID-19 pandemic that broke out in the world during the first quarter of 2020 hindered the growth of the sales of new cars in the region. However, consumers started purchasing used cars as an efficient way to reduce spending during a period of uncertainty and financial distress. The aftermarket of cars in the GCC region had already been growing before the pandemic, but it is even more likely to grow during the current circumstances. Kuwait automobile sector overview Kuwait had the highest vehicle ownership rate per one thousand persons in the Middle East and North Africa (MENA) region in 2016, with the number of cars exceeding 1.6 million. Its automotive market is recognized by the low cost of fuel and the demand for large vehicles. It had a fleet size of more than 1.7 million passenger cars, and 350 thousand commercial cars in 2018. The demand for passenger cars has been increasing due to the improved economic situation and increased per capita income. In 2020, Kuwait’s vehicle market was hit by the pandemic and by the fall in oil prices in international markets. This has greatly impacted the economy as it highly depends on the revenue from its oil industry.

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Statista (2021). Saudi Arabia - share of people who have access to a car in 2017-2018 [Dataset]. https://www.statista.com/statistics/915013/saudi-arabia-access-to-cars/
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Saudi Arabia - share of people who have access to a car in 2017-2018

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Dataset updated
Jul 2, 2021
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
Saudi Arabia
Description

This statistic shows the results of a survey conducted by Cint on the share of people who had access to a car in Saudi Arabia between 2017 and 2018. In 2018, 49.03 percent of the respondents stated they owned a car.

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