Saudi Arabia Passenger Car Market By Vehicle Type (Hatchback, Sedan, MPV, Pickup and SUV), By Fuel Type (Petrol, Diesel and Others), By Transmission Type (MT and AT), Competition, Forecast & Opportunities, 2024

Description Table of
Contents Companies Mentioned

FEATURED COMPANIES

Ford Middle East
General Motors Co.
Hyundai Motor Company
Kia Motors Corp
Mazda Saudi Arabia
Nissan Motor Co. Ltd
MORE

The Saudi Arabian passenger car market was valued at over $ 11 billion in 2018 and is projected to grow at a CAGR of around 16% to surpass $ 28 billion by 2024 on account of increasing per capita income and developing infrastructure of the country. Upliftment of ban from women driving along with increasing number of CKD plants are further driving growth of the market in the country. Moreover, Saudi Arabia is the one of the largest auto and auto parts market in the Middle East, accounting for over 30 per cent of all vehicles sold in the region. Also, the Saudi government is looking to develop domestic automotive industries and is encouraging global vehicle manufacturers to establish local operations, which would further drive the Saudi Arabian passenger car market in the coming years.

The Saudi Arabian passenger car market can be segmented based on vehicle type, fuel type, transmission type and region. In terms of passenger car type, the market can be classified into hatchback, sedan, MPV, pickup and SUV. Sedan cars dominated the Saudi Arabian passenger car market in 2018, with the market share of over 55%, and the segment is expected to continue its dominance during the forecast period as well. The leading position of sedan segment is backed by the wide range of products in this segment, besides being comparatively more spacious and easier to maintain. SUVs segment held the second largest market share in 2018, primarily on account of SUV’s powerful engine, higher passenger capacity and suitability for off-road driving.

List of major players operating in the Saudi Arabian passenger car market include Toyota Motors Corporation, Hyundai Motor Company, Mazda Saudi Arabia, Nissan Motor Co. Ltd, General Motors Co., Ford Middle East, Kia Motors Corp, Isuzu Motors Saudi Arabia Co. Ltd., Volkswagen AG, Renault Middle East, etc. Major companies are adopting strategies such as expansion in new locations, mergers & acquisitions and product developments. With rising focus of these leading players on sales and marketing activities, the passenger car industry in Saudi Arabia is anticipated to witness intensifying competition over the next five years.

Years considered for this report:

Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020–2024

Objective of the Study:

To analyze and forecast the market size of the Saudi Arabian passenger car market.
To classify and forecast the Saudi Arabian passenger car market based on vehicle type, fuel type, transmission type and regional distribution.
To identify drivers and challenges for the Saudi Arabian passenger car market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Saudi Arabian passenger car market.
To conduct the pricing analysis for the Saudi Arabian passenger car market.
To identify and analyze the profile of leading players involved in the Saudi Arabian passenger car market.

The author performed both primary as well as exhaustive secondary research for this study. Initially, they sourced a list of manufacturers across the country. Subsequently, conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, they could include the manufacturers which could not be identified due to the limitations of secondary research. They analyzed the product offerings, distribution channels and presence of all major manufacturers across the country.

The author calculated the market size of the Saudi Arabian passenger car market by using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. they sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:

Passenger car manufacturers, suppliers and other stakeholders
Government bodies such as regulating authorities and policy makers
Organizations, forums and alliances related to passenger car market
Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.

Report Scope:

In this report, the Saudi Arabian passenger car market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, By Vehicle Type:

Hatchback
Sedan
MPV
Pickup
SUV

Market, By Fuel Type:

Petrol
Diesel
Others

Market, By Transmission Type:

Manual Transmission
Automatic Transmission

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Saudi Arabian passenger car market.

Available Customizations:
With the given market data, the author offers customizations according to a client's specific needs.

Please note: With the Enterprise license, the PDF product is printable and editable and comes with a market data excel sheet.

Note: Product cover images may vary from those shown

FEATURED COMPANIES

Ford Middle East
General Motors Co.
Hyundai Motor Company
Kia Motors Corp
Mazda Saudi Arabia
Nissan Motor Co. Ltd
MORE

1. Product Overview2. Research Methodology3. Analyst View

4. Voice of Customer

4.1. Factors Influencing Purchase Decision
4.2. Influencer of Purchase
4.3. Aided Brand Recall
4.4. Unaided Brand Recall
4.5. Brand Switching Attributes
4.6. Brand Satisfaction Level

5. Saudi Arabia Passenger Car Market Outlook

5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Vehicle Type (Hatchback, Sedan, MPV, Pickup and SUV)
5.2.2. By Fuel Type (Petrol, Diesel and Others)
5.2.3. By Transmission Type (MT and AT)
5.2.4. By Company
5.3. Market Attractiveness Index (By Fuel Type)
5.4. Market Attractiveness Index (By Transmission Type)

6. Saudi Arabia Sedan Car Market Outlook

6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Engine Capacity (< 1600cc, 1600-2000cc, 2001-2400cc, >2400cc)
6.2.2. By Fuel Type (Petrol, Diesel and Others)
6.2.3. By Transmission Type (MT, AT)
6.3. Market Attractiveness Index (By Engine Capacity)
6.4. Market Attractiveness Index (By Transmission Type)
6.5. Market Attractiveness Index (By Fuel Type)

7. Saudi Arabia SUV Car Market Outlook

7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Engine Capacity (< 1800cc, 1801-2400cc, >2400cc)
7.2.2. By Fuel Type (Petrol, Diesel and Others)
7.2.3. By Transmission Type (MT, AT)
7.3. Market Attractiveness Index (By Engine Capacity)
7.4. Market Attractiveness Index (By Transmission Type)
7.5. Market Attractiveness Index (By Fuel Type)

8. Saudi Arabia Pickup Car Market Outlook

8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Engine Capacity (1600-2400cc, >2400cc)
8.2.2. By Fuel Type (Petrol, Diesel and Others)
8.2.3. By Transmission Type (MT, AT)
8.3. Market Attractiveness Index (By Engine Capacity)
8.4. Market Attractiveness Index (By Transmission Type)
8.5. Market Attractiveness Index (By Fuel Type)

9. Saudi Arabia MPV Market Outlook

9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Engine Capacity (1400-1800cc and >1800cc)
9.2.2. By Fuel Type (Petrol, Diesel and Others)
9.2.3. By Transmission Type (MT, AT)
9.3. Market Attractiveness Index (By Engine Capacity)
9.4. Market Attractiveness Index (By Transmission Type)
9.5. Market Attractiveness Index (By Fuel Type)

10. Saudi Arabia Hatchback Vehicle Market Outlook

10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Engine Capacity (1200-1600cc, < 1200cc and >1600cc)
10.2.2. By Fuel Type (Petrol, Diesel and Others)
10.2.3. By Transmission Type (MT, AT)
10.3. Market Attractiveness Index (By Engine Capacity)
10.4. Market Attractiveness Index (By Transmission Type)
10.5. Market Attractiveness Index (By Fuel Type)

11. Import-Export Analysis12. Supply Chain Analysis

13. Market Dynamics

13.1. Drivers
13.2. Challenges

14. Policy & Regulatory Landscape15. Market Trends & Developments16. Saudi Arabia Economic profile

17. Competitive Landscape

17.1. Toyota Motors Corporation
17.2. Hyundai Motor Company
17.3. Mazda Saudi Arabia
17.4. Nissan Motor Co. Ltd
17.5. General Motors Co.
17.6. Ford Middle East
17.7. Kia Motors Corp
17.8. Isuzu Motors Saudi Arabia Co. Ltd.
17.9. Volkswagen AG
17.10. Renault Middle East

18. Strategic Recommendations

19. About Us & Disclaimer

(Note: The companies list can be customized based on the client requirements.)

List of Figures

Figure 1: Saudi Arabia Passenger Car Market - Factors Influencing Purchase Decision (N=75)
Figure 2: Saudi Arabia Passenger Car Market - Influencer of Purchase (N=75)
Figure 3: Saudi Arabia Passenger Car Market - Aided Brand Recall (N=75)
Figure 4: Saudi Arabia Passenger Car Market - Unaided Brand Recall (N=75)
Figure 5: Saudi Arabia Passenger Car Market - Brand Switching (N=75)
Figure 6: Saudi Arabia Passenger Car Market - Brand Switching Attributes (N=75)
Figure 7: Saudi Arabia Passenger Car Market Brand Satisfaction Level (N=75)
Figure 8: Saudi Arabia Passenger Car Market - Brand Satisfaction Level, By Performance (N=75)
Figure 9: Saudi Arabia Passenger Car Market - Brand Satisfaction Level, By Vehicle Handling (N=75)
Figure 10: Saudi Arabia Passenger Car Market - Brand Satisfaction Level, By Maintenance Cost (N=75)
Figure 11: Saudi Arabia Passenger Car Market - Brand Satisfaction Level, By After-Sale Service (N=75)
Figure 12: Saudi Arabia Passenger Car Market - Brand Satisfaction Level, By Battery Life (N=75)
Figure 13: Saudi Arabia Passenger Car Market - Brand Satisfaction Level, By Pricing (N=75)
Figure 14: Saudi Arabia Passenger Car Market, By Value (USD Billion), By Volume (Thousand Units), 2014-2024F
Figure 15: Saudi Arabia Passenger Car Market Share, By Vehicle Type, By Volume, 2014- 2024F
Figure 16: Saudi Arabia Passenger Car Market Share, By Fuel Type, By Volume, 2014-2024F
Figure 17: Saudi Arabia Passenger Car Market Share, By Transmission Type, By Volume, 2014-2024F
Figure 18: Saudi Arabia Population, 2015-2018 (Million)
Figure 19: Saudi Arabia Passenger Car Market Share, By Company, By Volume, 2018
Figure 20: Saudi Arabia Passenger Car Market Attractiveness Index, By Fuel Type, By Volume, 2019E-2024F
Figure 21: Saudi Arabia Passenger Car Market Attractiveness Index, By Transmission Type, By Volume, 2019E-2024F
Figure 22: Saudi Arabia Sedan Car Market, By Value (USD Billion), By Volume (Thousand Units), 2014-2024F
Figure 23: Saudi Arabia Sedan Car Market Share, By Engine Capacity, By Volume, 2014- 2024F
Figure 24: Saudi Arabia Sedan Car Market Share, By Fuel Type, By Volume, 2014-2024F
Figure 25: Saudi Arabia Sedan Car Market Share, By Transmission Type, By Volume, 2014- 2024F
Figure 26: Saudi Arabia Automotive Fleet, By Volume (Million Units), 2014-2018
Figure 27: Saudi Arabia Sedan Car Market Attractiveness Index, By Engine Capacity, By Volume, 2014-2024F
Figure 28: Saudi Arabia Sedan Market Attractiveness Index, By Transmission Type, By Volume, 2019E-2024F
Figure 29: Saudi Arabia Sedan Car Market Attractiveness Index, By Fuel Type, By Volume, 2019E-2024F
Figure 30: Saudi Arabia SUV Car Market, By Value (USD Billion), By Volume (Thousand Units), 2014-2024F
Figure 31: Saudi Arabia SUV Car Market Share, By Engine Capacity, By Volume, 2014- 2024F
Figure 32: Saudi Arabia SUV Car Market Share, By Fuel Type, By Volume, 2014-2024F
Figure 33: Private Driving License Issued in Saudi Arabia (In Million Units) - 2010, 2015, 2020F & 2025F
Figure 34: Saudi Arabia SUV Car Market Share, By Transmission Type, By Volume, 2014-2024F
Figure 35: Saudi Arabia SUV Market Attractiveness Index, By Engine Capacity, By Volume 2019E-2024F
Figure 36: Saudi Arabia SUV Market Attractiveness Index, By Transmission Type, By Volume, 2019E-2024F
Figure 37: Saudi Arabia SUV Market Attractiveness Index, By Fuel Type, By Volume, 2019E- 2024F
Figure 38: Saudi Arabia Pickup Car Market, By Value (USD Billion), By Volume (Thousand Units), 2014-2024F
Figure 39: Saudi Arabia Major Upcoming Projects, As of 2017
Figure 40: Saudi Arabia Pickup Car Market Share, By Engine Capacity, By Volume, 2014- 2024F
Figure 41: Saudi Arabia Government total expenditure as Percentage of GDP (%)
Figure 42: Saudi Arabia Pickup Car Market Share, By Fuel Type, By Volume, 2014-2024F
Figure 43: Saudi Arabia Pickup Car Market Share, By Transmission Type, By Volume, 2014- 2024F
Figure 44: Saudi Arabia Export Share, By Country, 2017
Figure 45: Saudi Arabia Pickup Market Attractiveness Index, By Engine Capacity, By Volume, 2019E-2024F
Figure 46: Saudi Arabia Pickup Market Attractiveness Index, By Transmission Type, By Volume, 2019E-2024F
Figure 47: Saudi Arabia Pickups Market Attractiveness Index, By Fuel Type, By Volume, 2019E-2024F
Figure 48: Saudi Arabia MPV Car Market, By Value (USD Billion), By Volume (Thousand Units), 2014-2024F
Figure 49: Saudi Arabia Road Length in Kilometer, 2013-2018
Figure 50: Saudi Arabia MPV Car Market Share, By Engine Capacity, By Volume, 2014- 2024F
Figure 51: Saudi Arabia MPV Car Market Share, By Fuel Type, By Volume, 2014-2024F
Figure 52: Saudi Arabia Import Share, By Country, 2017
Figure 53: Saudi Arabia MPV Car Market Share, By Transmission Type, By Volume, 2014-2024F
Figure 54: Number of Pilgrims in Saudi Arabia, 2014-2017
Figure 55: Saudi Arabia MPV Market Attractiveness Index, By Engine Capacity, By Volume, 2019E-2024F
Figure 56: Saudi Arabia MPV Market Attractiveness Index, By Transmission Type, By Volume, 2019E-2024F
Figure 57: Saudi Arabia MPV Market Attractiveness Index, By Fuel Type, By Volume, 2019E- 2024F
Figure 58: Saudi Arabia Hatchback Car Market, By Value (USD Billion), By Volume (Thousand Units), 2014-2024F
Figure 59: Saudi Arabia Hatchback Car Market Share, By Engine Capacity, By Volume, 2014- 2024F
Figure 60: Saudi Arabia Hatchback Car Market Share, By Fuel Type, By Volume, 2014-2024F
Figure 61: Saudi Arabia Hatchback Car Market Share, By Transmission Type, By Volume, 2014-2024F
Figure 62: Saudi Arabia Hatchback Car Market Attractiveness Index, By Engine Capacity, By Volume, 2019E-2024F
Figure 63: Saudi Arabia Hatchback Market Attractiveness Index, By Transmission Type, By Volume, 2019E-2024F
Figure 64: Saudi Arabia Hatchback Car Market Attractiveness Index, By Fuel Type, By Volume, 2019E-2024F

List of Tables

Table 1: Expected Female Drivers, By Region in Saudi Arabia – 2020F
Table 2: Number of Building Permits & Number of Units Issued, By Type, 2017
Table 3: Saudi Arabia Ongoing Major Infrastructure Projects, By Estimated Cost, By Expected Year of Completion
Table 4: Length of Accomplished Roads in Saudi Arabia (Kilometer), By Region, 2017
Table 5: Saudi Arabia Passenger Car Imports, By Volume (Thousand), and Value (USD Billion), 2018
Table 6: Saudi Arabia Passenger Car Re-Exports, By Value (USD Million), 2018
Table 7: Saudi Arabia Trade Agreements

Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

Toyota Motors Corporation
Hyundai Motor Company
Mazda Saudi Arabia
Nissan Motor Co. Ltd
General Motors Co.
Ford Middle East
Kia Motors Corp
Isuzu Motors Saudi Arabia Co. Ltd.
Volkswagen AG
Renault Middle East

Note: Product cover images may vary from those shown

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