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GCC Electric Vehicles Market to Hit 97.3 Thousand Units by 2033 at a 9.3% CAGR

02-18-2025 07:32 AM CET | Tourism, Cars, Traffic

Press release from: IMARC Group

GCC Electric Vehicles Market Latest Report 2025-2033

GCC Electric Vehicles Market Latest Report 2025-2033

๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง ๐†๐‚๐‚ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“:

๐‡๐จ๐ฐ ๐๐ข๐  ๐ข๐ฌ ๐ญ๐ก๐ž ๐†๐‚๐‚ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ?

The GCC electric vehicles market size reached ๐Ÿ’๐ŸŽ.๐Ÿ‘ ๐“๐ก๐จ๐ฎ๐ฌ๐š๐ง๐ ๐”๐ง๐ข๐ญ๐ฌ ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’. Looking forward, IMARC Group expects the market to reach ๐Ÿ—๐Ÿ•.๐Ÿ‘ ๐“๐ก๐จ๐ฎ๐ฌ๐š๐ง๐ ๐”๐ง๐ข๐ญ๐ฌ ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘, exhibiting a growth rate (CAGR) of ๐Ÿ—.๐Ÿ‘% ๐๐ฎ๐ซ๐ข๐ง๐  ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘.

๐๐š๐ฌ๐ž ๐˜๐ž๐š๐ซ: 2024
๐‡๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐œ๐š๐ฅ ๐˜๐ž๐š๐ซ๐ฌ: 2019-2024
๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’: ๐Ÿ’๐ŸŽ.๐Ÿ‘ ๐“๐ก๐จ๐ฎ๐ฌ๐š๐ง๐ ๐”๐ง๐ข๐ญ๐ฌ
๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘: ๐Ÿ—๐Ÿ•.๐Ÿ‘ ๐“๐ก๐จ๐ฎ๐ฌ๐š๐ง๐ ๐”๐ง๐ข๐ญ๐ฌ
๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐‘๐š๐ญ๐ž (๐‚๐€๐†๐‘) ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘: ๐Ÿ—.๐Ÿ‘%

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/gcc-electric-vehicles-market/requestsample

๐†๐‚๐‚ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

A combination of factors such as increasing government initiatives, rising environmental awareness, as well as growing investments in sustainable transportation are responsible for the growth of the GCC electric vehicles market. Besides this, the market is propelling as GCC countries aim to diversify their economies and reduce dependence on oil, governments are introducing policies to promote EV adoption, such as subsidies, tax exemptions, and investments in charging infrastructure.

Additionally, the rising cost of fuel and the global shift toward clean energy solutions are encouraging consumers to consider EVs as a cost-effective and eco-friendly alternative. Luxury and premium EV brands are gaining popularity due to the high purchasing power in the region, while local and international automakers are expanding their EV offerings. Furthermore, improvements in battery technology, leading to longer driving ranges and faster charging times, are making electric vehicles a viable alternative for consumers across the GCC.

A key trend shaping the GCC electric vehicles market is the rapid expansion of charging infrastructure, supported by public as well as private sector collaborations. In addition to this, governments are investing in EV-friendly policies, such as mandatory charging stations in new buildings and highway networks, to enhance convenience for EV owners.

Moreover, the rise of autonomous and connected EVs is gaining traction, with smart cities across the GCC integrating advanced mobility solutions. The fleet electrification of taxis, public buses, and corporate vehicles is another emerging trend aimed at reducing emissions and promoting sustainability. Apart from this, the increasing availability of affordable EV models is expected to drive the GCC electric vehicles market in the coming years.

๐†๐‚๐‚ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

The report has segmented the market into the following categories:

๐๐ฒ ๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ:

โ€ข Battery Cells and Packs
โ€ข On-Board Charger
โ€ข Fuel Stack

๐๐ฒ ๐‚๐ก๐š๐ซ๐ ๐ข๐ง๐  ๐“๐ฒ๐ฉ๐ž:

โ€ข Slow Charging
โ€ข Fast Charging

๐๐ฒ ๐๐ซ๐จ๐ฉ๐ฎ๐ฅ๐ฌ๐ข๐จ๐ง ๐“๐ฒ๐ฉ๐ž:

โ€ข Battery Electric Vehicle (BEV)
โ€ข Fuel Cell Electric Vehicle (FCEV)
โ€ข Plug-In Hybrid Electric Vehicle (PHEV)
โ€ข Hybrid Electric Vehicle (HEV)

๐๐ฒ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐“๐ฒ๐ฉ๐ž:

โ€ข Passenger Vehicles
โ€ข Commercial Vehicles
โ€ข Others

๐๐ฒ ๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ:

โ€ข Saudi Arabia
โ€ข UAE
โ€ข Qatar
โ€ข Bahrain
โ€ข Kuwait
โ€ข Oman

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Ž๐ฎ๐ซ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ๐ฌ ๐Ÿ๐จ๐ซ ๐๐ซ๐จ๐œ๐ก๐ฎ๐ซ๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ๐ฌ, ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง, ๐š๐ง๐ ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ข๐ž๐ฌ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž: https://www.imarcgroup.com/request?type=report&id=10235&flag=C

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

๐Š๐ž๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

โ€ข ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ๐š๐ง๐œ๐ž (๐Ÿ๐ŸŽ๐Ÿ๐Ÿ—-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’)
โ€ข ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘)
โ€ข COVID-19 Impact on the Market
โ€ข Porter's Five Forces Analysis
โ€ข Strategic Recommendations
โ€ข Historical, Current and Future Market Trends
โ€ข Market Drivers and Success Factors
โ€ข SWOT Analysis
โ€ข Structure of the Market
โ€ข Value Chain Analysis
โ€ข Comprehensive Mapping of the Competitive Landscape

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐œ๐š๐ง ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Ž๐ญ๐ก๐ž๐ซ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ€ข ๐†๐‚๐‚ ๐‘๐ž๐š๐ฅ ๐„๐ฌ๐ญ๐š๐ญ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/gcc-real-estate-market/requestsample

โ€ข ๐†๐‚๐‚ ๐Ž๐ฎ๐ญ๐›๐จ๐ฎ๐ง๐ ๐“๐ซ๐š๐ฏ๐ž๐ฅ ๐š๐ง๐ ๐“๐จ๐ฎ๐ซ๐ข๐ฌ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/gcc-outbound-travel-tourism-market/requestsample

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

๐ˆ๐Œ๐€๐‘๐‚ ๐†๐ซ๐จ๐ฎ๐ฉ
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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