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UAE Electric Vehicle Market Outlook (2022-2028): Market Forecast By Vehicle Types (Passenger Vehicle, Two-Wheeler, Bus, And Truck), By Regions (Northern, Central, Southern), And Competitive Landscape

UAE Electric Vehicle Market Outlook (2022-2028): Market Forecast By Vehicle Types (Passenger Vehicle, Two-Wheeler, Bus, And Truck), By Regions (Northern, Central, Southern), And Competitive Landscape

UAE Electric Vehicle Market report thoroughly covers the market by product types and regions. UAE electric vehicle market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

UAE Electric Vehicle Market Synopsis
The UAE Electric Vehicle market is currently in its early stage and witnessed certain growth during the period 2018-2021 owing to the Electric Vehicle (EV) Green Charger initiative undertaken by the government of UAE. However, the COVID-19 pandemic affected market revenues during the year 2020 as the mobility restrictions led to supply chain disruptions for electric motors and halted the manufacturing operations thereby resulting in a fall in market demand and hence the market revenues.

The UAE Electric Vehicle Market size is projected to grow at a CAGR of 24.2% in terms of revenues during 2022-2028. The UAE electric vehicle market would register growth during the forecast period on account of an increase in tourist footfall in the country which is going to expand the car rental business in the emirates, coupled with domestic consumption on the back of economic benefits provided by the government to promote the electric vehicle in the country.  Rising penetration towards the development of renewable and emission-less vehicles is adding to the UAE Electric Vehicle Market Growth. Additionally, the low maintenance and the initial cost of an electric vehicle are proliferating the growth of the market. 

Market by Vehicle Types Analysis
In terms of vehicle types, passenger vehicles contributed 95.1% of revenue in the UAE Electric Vehicle market share in 2021 owing to the increasing trend of rental car service in the country coupled with domestic residential buyers. Additionally, because of the limited scope for the implementation commercial vehicle in FMCG sector and transportation & logistic supply in UAE it holds the largest revenue share. However, in terms of volume two-wheeler segment is expected to grow during the forecasted period owing to gradual developments in logistics and food delivery services.

Market by Regions Analysis
In 2021, the Northern region acquired a 54.1% revenue share in the UAE electric vehicle market Revenue on account of rapid urbanization and availability of charging infrastructure and maintenance centers in Dubai, Abu Dhabi. This trend is expected to persist in the coming years owing to the development of EV supporting infrastructure such as charging stations and maintenance services increasing the number of EVs in the country.

Key Attractiveness of the Report
COVID-19 Impact on the Market.
10 Years Market Numbers.
Historical Data Starting from 2018 to 2020.
Base Year: 2021
Forecast Data until 2028.
Key Performance Indicators Impacting the Market.

Key Highlights of the Report
UAE Electric Vehicle Market Overview
UAE Electric Vehicle Market Outlook
UAE Electric Vehicle Market Forecast
Historical Data and Forecast of UAE Electric Vehicle Market Revenues, for the Period 2018-2028F
Historical Data and Forecast of UAE Electric Vehicle Market Revenues, By Vehicle Type, for the Period 2018-2028F
Historical Data and Forecast of UAE Electric Vehicle Market Revenues, By Region, for the Period 2018-2028F
Historical Data and Forecast of UAE Electric Vehicle Market Volume, for the Period 2018-2028F
Historical Data and Forecast of UAE Electric Vehicle Market Volume, By Vehicle Type, for the Period 2018-2028F
Historical Data and Forecast of UAE Electric Vehicle Market Volume, By Region, for the Period 2018-2028F
UAE Electric Vehicle Market Revenue Ranking, By Companies
Covid-19 Impact on UAE Electric Vehicle Market
Market Drivers and Restraints
UAE Electric Vehicle Market Trends
Industry life Cycle
Porter’s Five Force Analysis
Price Trend Analysis
Competitive Benchmarking
Company Profiles
Key Strategic Recommendations

Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:

By Vehicle Types
Passenger Cars
Two-Wheelers
Commercial Vehicles

By Regions
Northern
Central
Southern
Table of Contents

1. Executive Summary
2. Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3Market Scope and Segmentation
2.4 Research Methodology
2.5 Assumptions
3. UAE Electric Vehicle Market Overview
3.1 UAE Electric Vehicle Market Revenues and Volume (2018-2028F)
3.2 UAE Electric Vehicle Market Industry Life Cycle
3.3 UAE Electric Vehicle Market Porter’s Five Forces Model
4. Impact Analysis of COVID-19 on UAE Electric Vehicle Market
5. UAE Electric Vehicle Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints
6. UAE Electric Vehicle Market Trends & Evolution
7. UAE Electric Vehicle Market Overview, By Vehicle Type
7.1 UAE Electric Vehicle Market Revenue and Volume Share, By Vehicle Type (2021E & 2028F)
7.2 UAE Electric Vehicle Market Revenue and Volume, By Vehicle Type (2018-2028F)
7.2.1 UAE Electric Vehicle Market Revenues and Volume, By Passenger Cars (2018-2028F)
7.2.2 UAE Electric Vehicle Market Revenues and Volume, By Two-Wheelers (2018-2028F)
7.2.3 UAE Electric Vehicle Market Revenues and Volume, By Commercial Vehicles (2018-2028F)
8. UAE Electric Vehicle Market Overview, By Region
8.1 UAE Electric Vehicle Market Revenue and Volume Share, By Region (2021E & 2028F)
8.2 UAE Electric Vehicle Market Revenue and Volume, By Region (2018 & 2028F)
8.2.1 UAE Electric Vehicle Market Revenues and Volume, By Nothern (2018-2028F)
8.2.2 UAE Electric Vehicle Market Revenues and Volume, By Central (2018-2028F)
8.2.3 UAE Electric Vehicle Market Revenues and Volume, By Southern (2018-2028F)
9. UAE Electric Vehicle Market - Key Performance Indicators
10. UAE Electric Vehicle Market - Opportunity Assessment
10.1 UAE Electric Vehicle Market - Opportunity Assessment, By Vehicle Type (2028F)
10.2  UAE Electric Vehicle Market - Opportunity Assessment, By Region (2028F)
11. UAE Electric Vehicle Market - Price Trend Analysis
12. UAE Electric Vehicle Market Competitive Landscape
12.1 UAE Electric Vehicle Market Company Ranking, By Companies (2021E)
12.2 UAE Electric Vehicle Market Key Companies Competitive Benchmarking, By Technical Parameters
12.3 UAE Electric Vehicle Market Key Companies Competitive Benchmarking, By Operating Parameters
13. Company Profiles
13.1 Nissan Motor Co, Ltd.
13.2 Tesla, Inc.
13.3 Hyundai Motor Company
13.4 Toyota Motor Corporation
13.5 The Volkswagen AG
13.6 General Motors Company
13.7 Lucid Group, Inc.,
13.8 Zhengzhou Yutong Bus Co. Ltd.
13.9 One Moto
13.10 Morris Garage
14. Key Strategic Recommendations
15. Disclaimer

List of Figures
Figure 1: UAE Electric Vehicle Market Revenues & Volume, 2018-2028F ($ Million, Units)
Figure 2: UAE Cumulative Carbon Dioxide Emission, 2015-2020 (billion tonnes)
Figure 3. UAE Fuel Prices, 2021, (Dirham/Liter)
Figure 4: UAE Electric Vehicle Market Revenue Share, By Vehicle Type, 2021E & 2028F
Figure 5: UAE Electric Vehicle Market Volume Share, By Vehicle Type, 2021E & 2028F
Figure 6: UAE Electric Vehicle Market Revenue Share, By Region, 2021E & 2028F
Figure 7: UAE Electric Vehicle Market Volume Share, By Region, 2021E & 2028F
Figure 8: UAE Volume of Imports and Exports, 2019-2026F (% Change)
Figure 9: UAE GDP, 2016-2023F (In $ bn)
Figure 10: UAE Government Revenues vs Government Expenditure, 2019-2026F (% of GDP)
Figure 11: UAE Total Investment As Percent of GDP, 2019-2026F
Figure 12: Distribution of EV Connectors in 2021
Figure 13: UAE Electric Vehicle Market Volume Opportunity Assessment, By Vehicle Type, 2028F
Figure 14: UAE Electric Vehicle Market Volume Opportunity Assessment, By Region, 2028F
Figure  15: UAE Electric Vehicle – Two-wheeler Average Selling Price Trend, In $, 2018-2028F
Figure 16: UAE Electric Vehicle – Passenger Vehicle Average Selling Price Trend, In 1000$, 2018-2028F
Figure 17: UAE Electric Vehicle – Commercial Vehicle Average Selling Price Trend, In 1000$, 2018-2028F
Figure 18: UAE Electric Vehicle Market Revenue Ranking, By Companies, 2021E
Figure 19: Abu Dhabi Residential Supply, 2018-2022F (Thousand Units)
Figure 20: Dubai Residential Supply, 2018-2022F (Thousand Units)

List of Tables
Table 1: UAE Electric Vehicle Market Revenues, By Vehicle Type 2018-2028F ($ Million)
Table 2: UAE Electric Vehicle Market Volumes, By Vehicle Type, 2018-2028F (Units)
Table 3: UAE Electric Vehicle Market Revenues, By Region 2018-2028F ($ Million)
Table 4: UAE Electric Vehicle Market Volumes, By Region, 2018-2028F (Units)

Report Title: UAE Electric Vehicle Market Outlook (2022-2028): Market Forecast By Vehicle Types (Passenger Vehicle, Two-Wheeler, Bus, And Truck), By Regions (Northern, Central, Southern), And Competitive Landscape


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