Assessment of the MENA Auto Market 2016

Date: 2016-03

“Executive Summary
It is projected that by the year 2022, car sales market in the Middle East will grow at double the rate in comparison with the North American and Western European markets. The UAE clocked the highest growth rate in new car sales globally in the period Jan-Aug 2015, recording a growth of 5.3% in sales year-on-year.Saudi Arabia is the largest car market in the Middle East and the market is dominated by Japanese brands. The country is also the largest importer of both cars and auto parts.
South Africa is the biggest new car market in Africa and has reported more than 600,000 new cars sold in 2014. The North African region is the second biggest new car market which reported more than 300,000 cars sold in Algeria and Egypt along with approximately 100 000 cars sold in Morocco.The leading luxury cars brands in South Africa are all German made with Audi leading the market. Currently, the luxury car brand鈥檚 sales has taken over the sales of passenger cars in South Africa and there has been a growth in sales of 15.22% since the year 2010.
Why should the report be purchased?
The report 鈥楢ssessment of the MENA Auto Market 2016鈥檋ighlights key dynamics ofMENA鈥檚auto market. The potential of the sector has been investigated along with market drivers.The current market scenario and future prospects of the sector has also been studied. The report contains profiles of key players including Volkswagen AG, Daimler AG, Bayerische Motoren Werke AG (BMW), Tata Motors Limited, General Motors Company, Mazda Motor Corporation, Ford Motor Company, Hyundai Motor Company. The report contains industry expert鈥檚 latest opinions on the MENA auto market.
Research methodology and delivery time

Smart Research Insights has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications has been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.

The report is available as single-site single-user license/enterprise wide license and the delivery time for the electronic version of the report is 3 business days. The dispatch time for hard copies is 4 business days, as each hard copy is custom printed for the client.

About Smart Research Insights (SRI)

SRI is a research organization specializing in industry research reports and custom research. Our team of dedicated researchers with rich experience across industry segments focuses on delivering high quality analysis. Undertaking in-depth secondary research, we arrive at key insights, which are supported by data that has been analyzed impartially to present a clear picture of the industry. All recent developments and industry opinions which impact the sector dynamics are captured and used to support the research hypothesis.

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