New Cars in Saudi Arabia

New Cars in Saudi Arabia

Summary

New Cars in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the Saudi Arabia new cars market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

- The new cars market consists of the initial retail sale/registration of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s and other related vehicles. The market value is calculated at retail selling price (RSP) and the market volume is given in terms of units sold. Market shares consist of motor manufacturing groups as opposed to their individual brands, i.e. for the Volkswagen Group this includes all of its brands such as Volkswagen, Audi, Skoda, Seat etc. Any currency conversions used in this report have been calculated at constant 2016 annual average exchange rates.
- The Saudi new cars market had total revenues of $12.8bn in 2016, representing a compound annual rate of change (CARC) of 3.8% between 2012 and 2016.
- Market consumption volume increased with a CAGR of 0.4% between 2012 and 2016, to reach a total of 549.4 thousand units in 2016.
- The improving macroeconomic conditions, as well as the anticipation of higher car prices by 2018 due to the introduction of VAT in that year, are expected to uplift demand in short-term.

Scope

- Save time carrying out entry-level research by identifying the size, growth, and leading players in the new cars market in Saudi Arabia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Saudi Arabia
- Leading company profiles reveal details of key new cars market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Saudi Arabia new cars market with five year forecasts by both value and volume

Reasons to buy

- What was the size of the Saudi Arabia new cars market by value in 2016?
- What will be the size of the Saudi Arabia new cars market in 2021?
- What factors are affecting the strength of competition in the Saudi Arabia new cars market?
- How has the market performed over the last five years?
- Who are the top competitiors in Saudi Arabia's new cars market?