Press Release

Middle East & Africa SUV Market to Surpass $ 46 Billion by 2023

Growing demand for performance cars, increasing product offerings, rising preference for off-roading activities and expected entry of several automakers to drive the Middle East & Africa SUV market through 2023    

According to TechSci Research report, Middle East & Africa SUV Market By Length, By Engine Capacity, By Fuel Type, By Country, Competition Forecast & Opportunities, 2013 – 2023”, the Middle East & Africa SUV market is projected to reach $ 46.9 billion by 2023, on account of growing per capita income, technological advancements in SUV and foray of several automakers in the region. Additionally, growing popularity of SUVs for off-roading sports tournaments and increasing preference for premium SUVs would positively influence the region’s SUV market. As SUVs offer enhanced safety, superior comfort, higher seating position and several other benefits, demand for SUVs in the Middle East & Africa region is anticipated to keep growing in the coming years. 

Browse 41 Figures spread through 71 Pages and an in-depth TOC on "Middle East & Africa SUV Market"

Most of the SUVs in the region run on the diesel, consequently, this fuel segment holds the largest market share. South Africa dominated the Middle East & Africa SUV market in 2017 and is expected to continue its market dominance during the forecast period, on the back of huge population and increasing enthusiasm of South Africans towards SUVs. South Africans prefer SUVs owing to their numerous benefits such as versatility, extra seating capacity and greater visibility.

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“Increasing automakers’ focusing towards adding advanced safety features in SUVs and manufacturing high engine capacity SUVs with advanced infotainment systems, coupled with growing product offerings are anticipated to aid the region’s SUV market in the coming years. Rising consumer demand for performance vehicles and comfortable ride experience, in addition to increasing popularity of off-roading recreational activities, would further boost the sales of SUVs in the Middle East & Africa.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Middle East & Africa SUV Market By Length, By Engine Capacity, By Fuel Type, By Country, Competition Forecast & Opportunities, 2013 – 2023 has analyzed the potential of SUV market across the region, and provides statistics and information on market size, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers and key challenges faced by the Middle East & Africa SUV market.


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