To More Inquiry
-
To More Inquiry
UAE Automotive Intelligence Overview
OEM-Level Market Share (2024)
OEM-Level Market Share (2024)
The UAE automotive market is characterized by a diverse mix of global brands, with Japanese manufacturers traditionally leading in sales volumes. However, recent trends indicate a growing presence of Chinese and European brands, especially in the electric vehicle (EV) segment.
Top OEMs by Market Share:
Here are some of the featured cars in different categories
Toyota
Consistently leading with a significant share in both passenger and commercial vehicle segments.
Nissan
Strong presence, particularly in the SUV and sedan categories.
Mitsubishi
Notable for its pickup trucks and SUVs.
BMW and Mercedes-Benz
Dominant in the luxury vehicle segment.
BYD and Geely:
Emerging players in the EV market, gaining traction among eco-conscious consumers.
RTA-Level Registration Insights
Vehicle registrations in the UAE are managed by individual emirate authorities, with the Roads and Transport Authority (RTA) overseeing Dubai's registrations.
-
Dubai
Introduced lifetime electronic vehicle registration cards, streamlining the renewal process. High concentration of luxury and high-performance vehicle registrations.UAE Labours Blog
-
Abu Dhabi
Significant registrations in both private and commercial vehicle categories. Emphasis on sustainable and electric mobility solutions.
-
Sharjah and Northern Emirates:
Growing adoption of mid-range sedans and SUVs. Increasing interest in affordable EV options.
Automotive Insurance Landscape
The UAE's motor insurance market is robust, offering a range of products tailored to diverse consumer needs.
01
Market Size:
Projected to grow from USD 1.46 billion in 2025 to USD 1.78 billion by 2030, at a CAGR of 4.12%.Mordor Intelligence
02
Key Players:
Oman Insurance Company, Orient Insurance, AXA Gulf, RSA Insurance, Tokio Marine & Nichido Fire Insurance,
03
Trends:
Rise in digital insurance platforms offering instant policy issuance.
Financing plays a pivotal role in vehicle acquisitions across the UAE, with a mix of traditional banks and emerging fintech platforms catering to consumer needs.
Automotive Financing Dynamics
Top Auto Financiers:
1. Emirates NBD
2. Abu Dhabi Islamic Bank (ADIB)
3. Dubai Islamic Bank (DIB)
4. First Abu Dhabi Bank (FAB)
5. Mashreq Bank
Fintech and Online Aggregators:
1. Yallacompare
2. Souqalmal
3. Mymoneysouq
4. Soulwallet
Consumer Trends:
1. Preference for Islamic financing options, especially among UAE nationals.
2. Growing interest in flexible payment plans and balloon financing schemes.
3. Adoption of digital platforms for loan comparisons and applications.
Contact Us With Support Line
N:B:Customer support always open at 9 am to 6 pm in everyday