MENA Auto Market Assessed & Forecast in New Smart Research Insights Report Available at MarketPublishers.com30 Mar 2016 • by Natalie Aster
LONDON – Car sales are set to grow at a swift pace in the Middle East. Its growth rate is expected to be tow times higher than the one in Western European and North American markets. In January-August 2015, the UAE showed the world’s highest growth rate in sales of new cars, up by more than 5 percent YoY.
Saudi Arabia represents the largest market for cars in the Middle East, and this country’s market is controlled by Japanese brands. Besides, Saudi Arabia holds a position of the number one importer of cars and auto parts.
South Africa is the biggest market for new cars in Africa. There were sold over 600,000 new cars in 2014. The North African region forms the second biggest market for new cars, with approximately 100,000 cars sold in Morocco and more than 300,000 cars sold in Egypt and Algeria.
German brands dominate the South African marketplace, and Audi is a market leader. At present, sales of luxury car brands prevail over sales of passenger cars in this country.
New research report “Assessment of the MENA Auto Market 2016” developed by Smart Research Insights offers a comprehensive analysis of the MENA auto market. The study contains a 360-degree overview of this marketplace. It scrutinizes performance of the market and contains valuable statistics. The report focuses on Middle Eastern and African market, besides delving deep into forces driving these markets. The research study throws light on the competitive environment and covers such players as Daimler AG, BMW, Ford Motor Company, Volkswagen AG, and more.
Assessment of the MENA Auto Market 2016
Published: March, 2016
Price: US$ 1,000.00
- insightful overview of the marketplace;
- investigation of driving forces;
- market statistics;
- exploration of market performance;
- company profiles;
- and more.
Other markets and industries covered by this publisher comprise:
More new research reports by this publisher are available at Smart Research Insights page.