Saudi Arabia passenger car market is projected to grow at a CAGR of over 3.82% by volume during the forecast period and is anticipated to reach USD16.70 billion by 2026. The Saudi Arabia passenger car market is driven by expanding road infrastructure and increasing per capita spending of the people in the region. In 2017, the ban on women driving was uplifted in the Kingdom of Saudi Arabia and since then there is an increase in women drivers, hence the demand is expected to increase from this segment and is susceptible to propel the market in the forecast period as well.

The Saudi Arabia passenger car market is divided based on vehicle type, fuel type, transmission type, engine capacity and company. Based on vehicle type, the market can be classified into hatchback, sedan, pick-up cars, multi-purpose vehicles and sports utility vehicles. In terms of vehicle type, the sedan car segment accounts for the largest share but due to increasing traffic congestion and shortage of parking space by daily commuters, this segment is expected to lose market share. Based on fuel type, the market is majorly contributed by gasoline driven passenger cars due to comparatively low gasoline prices and this trend is susceptible to withstand in the forecast period as well. In the sedan segment, cars with engine capacity up to 2000cc are expected to hold majority shares, but due to the increasing demand for cars with higher engine capacities, cars with engine capacity below 2000cc are anticipated to register a slothful growth. Cars with automatic transmission account for the majority share in the Saudi Arabia passenger car market on account of ease of driving with stringent traffic rules across the region.

Toyota Motor Corporation, Nissan Motor Company, Ltd., Hyundai Motor Company, Mitsubishi Motors Corporation, Kia Corporation, etc., are among some of the leading players operating in the Saudi Arabia passenger car market. Apart from these companies, other passenger car manufacturers are also increasing their marketing activities and enriching their product portfolio in the region to increase their customer outreach. Major companies in the Saudi Arabia passenger car market industry are also focusing on increasing their dealer and distributor network to grab a larger share in the region’s passenger car market.

Years considered for this report:

Historical Period: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022-2026

Objective of the Study:

  • To analyze the historical growth in the market size of the Saudi Arabia passenger car market from 2016 to 2020.
  • To estimate and forecast the market size of the Saudi Arabia passenger car market from 2021 to 2026 and growth rate until 2026.
  • To classify and forecast Saudi Arabia passenger car market-based vehicle type, fuel type, transmission type, engine capacity and company.
  • To identify dominant region or segment in the Saudi Arabia passenger car market.
  • To identify drivers and challenges for the Saudi Arabia passenger car market.
  • To examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the Saudi Arabia passenger car market.
  • To conduct pricing analysis for the Saudi Arabia passenger car market.
  • To identify and analyze the profile of leading players operating in the Saudi Arabia passenger car market.
  • To identify key sustainable strategies adopted by the market players in the Saudi Arabia passenger car market.

 

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TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of passenger car dealers and distributors in Saudi Arabia region. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include vendors and service providers that could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, application, distribution channel and regional presence of all the passenger car distributors and dealers across the country.

TechSci Research calculated the market size of the Saudi Arabia passenger car market using a bottom-up approach, where data for various end-user segments were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing 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 by TechSci Research.

 
Key Target Audience:

  • Global passenger car manufacturers operating in the country
  • Dealers and distributors of passenger cars
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to passenger car

 

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 market opportunities.

Report Scope:

  • In this report, the Saudi Arabia Passenger Car market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
  • Saudi Arabia Passenger Car Market, By Vehicle Type:
    • Hatchback
    • Sedan
    • Multi-Purpose Vehicle (MPV)
    • Sports Utility Vehicle (SUV)
    • Pick-Up Cars
  • Saudi Arabia Passenger Car Market, By Fuel Type:
    • Gasoline / Petrol
    • Diesel
    • Alternate Fuels
  • Saudi Arabia Passenger Car Market, By Transmission Type:
    • Manual Transmission
    • Automatic Transmission

 

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

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

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 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 Analysis

12.  Supply Chain Analysis

13.  Impact of COVID-19

14.  Market Dynamics

14.1.              Drivers

14.2.              Challenges

15.  Policy & Regulatory Landscape

16.  Market Trends & Developments

17.  Saudi Arabia Economic profile

18.  Competitive Landscape

18.1.              Toyota Motors Corporation

18.2.              Hyundai Motor Company

18.3.              Mazda Saudi Arabia

18.4.              Nissan Motor Co. Ltd

18.5.              General Motors Co.

18.6.              Ford Middle East

18.7.              Kia Motors Corp

18.8.              Isuzu Motors Saudi Arabia Co. Ltd.

18.9.              Volkswagen AG

18.10.            Renault Middle East

19.  Strategic Recommendations

20.  About Us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

  • Figure 1:               Saudi Arabia Passenger Car Market - Factors Influencing Purchase Decision (N=100)

    Figure 2:               Saudi Arabia Passenger Car Market - Influencer of Purchase (N=100)

    Figure 3:               Saudi Arabia Passenger Car Market - Aided Brand Recall (N=100)

    Figure 4:               Saudi Arabia Passenger Car Market - Unaided Brand Recall (N=100)

    Figure 5:               Saudi Arabia Passenger Car Market Brand Satisfaction Level (N=100)

    Figure 6:               Saudi Arabia Passenger Car Market Size, By Value (USD Million), By Volume (Thousand Unit), 2016-2026F

    Figure 7:               Saudi Arabia Passenger Car Market Share, By Vehicle Type, By Volume, 2016–2026F

    Figure 8:               Saudi Arabia Passenger Car Market Share, By Fuel Type, By Volume, 2016–2026F

    Figure 9:               Saudi Arabia Passenger Car Market Share, By Transmission Type, By Volume, 2016–2026F

    Figure 10:            Saudi Arabia Passenger Car Market Share, By Company, By Volume, 2020

    Figure 11:            Saudi Arabia Passenger Car Market, Product Market Map on the Basis of Market Size (Thousand Unit) & Growth Rate (%)

    Figure 12:            Saudi Arabia Passenger Car Market, Product Market Map on the Basis of Market Size (Thousand Unit) & Growth Rate (%)

    Figure 13:            Saudi Arabia Sedan Car Market Size, By Value (USD Million), By Volume (Thousand Unit), 2016-2026F

    Figure 14:            Saudi Arabia Sedan Car Market Share, By Engine Capacity, By Volume, 2016–2026F

    Figure 15:            Saudi Arabia Sedan Car Market Share, By Fuel Type, By Volume, 2016–2026F

    Figure 16:            Saudi Arabia Sedan Car Market Share, By Transmission Type, By Volume, 2016–2026F

    Figure 17:            Saudi Arabia Sedan Car Market, Product Market Map on the Basis of Market Size (Thousand Unit) & Growth Rate (%)

    Figure 18:            Saudi Arabia Sedan Car Market, Product Market Map on the Basis of Market Size (Thousand Unit) & Growth Rate (%)

    Figure 19:            Saudi Arabia Sedan Car Market, Product Market Map on the Basis of Market Size (Thousand Unit) & Growth Rate (%)

    Figure 20:            Saudi Arabia SUV Car Market Size, By Value (USD Million), By Volume (Thousand Unit), 2016-2026F

    Figure 21:            Saudi Arabia SUV Car Market Share, By Engine Capacity, By Volume, 2016–2026F

    Figure 22:            Saudi Arabia SUV Car Market Share, By Fuel Type, By Volume, 2016–2026F

    Figure 23:            Saudi Arabia SUV Car Market Share, By Transmission Type, By Volume, 2016–2026F

    Figure 24:            Saudi Arabia SUV Car Market, Product Market Map on the Basis of Market Size (Thousand Unit) & Growth Rate (%)

    Figure 25:            Saudi Arabia SUV Car Market, Product Market Map on the Basis of Market Size (Thousand Unit) & Growth Rate (%)

    Figure 26:            Saudi Arabia SUV Car Market, Product Market Map on the Basis of Market Size (Thousand Unit) & Growth Rate (%)

    Figure 27:            Saudi Arabia Pickup Car Market Size, By Value (USD Million), By Volume (Thousand Unit), 2016-2026F

    Figure 28:            Saudi Arabia Pickup Car Market Share, By Engine Capacity, By Volume, 2016–2026F

    Figure 29:            Saudi Arabia Pickup Car Market Share, By Fuel Type, By Volume, 2016–2026F

    Figure 30:            Saudi Arabia Pickup Car Market Share, By Transmission Type, By Volume, 2016–2026F

    Figure 31:            Saudi Arabia Pickup Car Market, Product Market Map on the Basis of Market Size (Thousand Unit) & Growth Rate (%)

    Figure 32:            Saudi Arabia Pickup Car Market, Product Market Map on the Basis of Market Size (Thousand Unit) & Growth Rate (%)

    Figure 33:            Saudi Arabia Pickup Car Market, Product Market Map on the Basis of Market Size (Thousand Unit) & Growth Rate (%)

    Figure 34:            Saudi Arabia MPV Car Market Size, By Value (USD Million), By Volume (Thousand Unit), 2016-2026F

    Figure 35:            Saudi Arabia MPV Car Market Share, By Engine Capacity, By Volume, 2016–2026F

    Figure 36:            Saudi Arabia MPV Car Market Share, By Fuel Type, By Volume, 2016–2026F

    Figure 37:            Saudi Arabia MPV Car Market Share, By Transmission Type, By Volume, 2016–2026F

    Figure 38:            Saudi Arabia MPV Car Market, Product Market Map on the Basis of Market Size (Thousand Unit) & Growth Rate (%)

    Figure 39:            Saudi Arabia MPV Car Market, Product Market Map on the Basis of Market Size (Thousand Unit) & Growth Rate (%)

    Figure 40:            Saudi Arabia MPV Car Market, Product Market Map on the Basis of Market Size (Thousand Unit) & Growth Rate (%)

    Figure 41:            Saudi Arabia Hatchback Car Market Size, By Value (USD Million), By Volume (Thousand Unit), 2016-2026F

    Figure 42:            Saudi Arabia Hatchback Car Market Share, By Engine Capacity, By Volume, 2016–2026F

    Figure 43:            Saudi Arabia Hatchback Car Market Share, By Fuel Type, By Volume, 2016–2026F

    Figure 44:            Saudi Arabia Hatchback Car Market Share, By Transmission Type, By Volume, 2016–2026F

    Figure 45:            Saudi Arabia Hatchback Car Market, Product Market Map on the Basis of Market Size (Thousand Unit) & Growth Rate (%)

    Figure 46:            Saudi Arabia Hatchback Car Market, Product Market Map on the Basis of Market Size (Thousand Unit) & Growth Rate (%)

    Figure 47:            Saudi Arabia Hatchback Car Market, Product Market Map on the Basis of Market Size (Thousand Unit) & Growth Rate (%)

    List of Tables

    1.            Saudi Arabia Passenger Car Imports, By Volume (Thousand Unit) and Value (USD Million), 2015-2019

    2.            Saudi Arabia Passenger Car Exports, By Volume (Thousand Unit) and Value (USD Million), 2015-2018

    3.            Retail Prices By Top Models of Five Major Distributors