Press release
UAE Certified Pre-Owned Car Market Size, Share & Report 2023-2028
UAE Certified Pre-Owned Car Market
The UAE certified pre-owned car market size reached US$ 5.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.2 Billion by 2028, exhibiting a growth rate (CAGR) of 8.6% during 2023-2028.
What is Certified Pre-Owned Car?
A certified pre-owned (CPO) car is a utilized vehicle that has undergone a thorough inspection, refurbishment, and certification process by a manufacturer or a dealership. It is designed to ensure that the car meets certain quality standards and is in excellent condition before being sold to consumers. It offers additional benefits for the buyer, such as an extended warranty, roadside assistance, and sometimes even special financing options. It aims to give buyers confidence in the quality and reliability of the used vehicle they are purchasing.
Request a Sample Report:- https://www.imarcgroup.com/uae-certified-pre-owned-car-market/requestsample
UAE Certified Pre-Owned Car Market Trends and Drivers:
The shifting consumer preferences towards owning multiple vehicles for improved mobility, convenience, and luxury represents one of the primary factors driving the demand for certified pre-owned cars in the UAE. Moreover, the rising adoption of certified pre-owned vehicles for shared services, such as ride-sharing, ride-hailing, and car rental, is favoring the growth of the market in the country. In addition, the growing environmental concerns among the masses and the increasing focus on sustainable development are catalyzing the adoption of certified pre-owned cars to minimize waste disposal and control carbon emissions in the country. Apart from this, the easy availability of a wide range of certified pre-owned cars is creating a positive outlook for the market in the country.
UAE Certified Pre-Owned Car Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are:
AlbaCars
Al-Futtaim
Al Naboodah Group (Saeed & Mohammed Al Naboodah Holding LLC)
AL Tayer Group
AW Rostamani Group
Car Switch Dubai
Dubicars International FZ-LLC
Dubizzle Middle East FZ-LLC
The Elite Car.
For more information about this report:- https://www.imarcgroup.com/uae-certified-pre-owned-car-market
The report segmented the market on the basis of region, car type, car age, fuel type, vendor type and distribution channel.
Breakup by Car Type:
Hatchback
Sedan
Sports Utility Vehicle
Others
Breakup by Car Age:
0-4 Years
4-8 Years
More than 8 Years
Breakup by Fuel Type:
Diesel
Petrol
Others
Breakup by Vendor Type:
Organized
Unorganized
Breakup by Distribution Channel:
Online
Offline
Breakup by Emirates:
Abu Dhabi
Dubai
Sharjah
Ajman
Others
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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Contact Us:
IMARC Services Private Limited.
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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