Aarkstore Enterprise announced the Latest Trending Market Research Report Titled “UAE Electric Vehicle Market (2019-2025)” under the Automobile Category. UAE electric vehicle market is projected to grow at a CAGR of 32.1% during 2019-25.
Government policies and incentives for electric vehicles, along with the support of government authorities and private companies in developing EV infrastructure would drive the market for electric vehicles in the UAE. Additionally, new models of electric vehicles such as Nissan LEAF and Peugeot are expected to launch by 2020 would also contribute to the rise in demand for electric vehicles in the UAE.
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According to the UAE electric vehicle market is projected to grow at a CAGR of 32.1% during 2019-25. Under UAE Vision 2021, the government is encouraging the adoption of electric vehicles in the country. In addition to this, Dubai Electricity and Water Authority (DEWA) and Road Transport Authority (RTA) are working together for the development of electric vehicle market in the country by installing charging stations and providing incentives such as free parking and exemption from toll and registration fees.
Dubai acquired the highest market share as compared to other Emirates in the country owing to the better electric vehicle supporting infrastructure such as charging stations. Additionally, authorities and private companies are working towards improving the charging technology which would reduce the charging time for electric vehicles. This in turn would create a suitable environment for the growth of electric vehicles across the country. Some of the key players in the UAE electric vehicle market include - Tesla, Inc., Hyundai Motor Company, Volkswagen Motor Company LTM, Bayerische Motoren Werke AG and others.
The report comprehensively covers the market by vehicle types and regions. The report provides an unbiased and detailed analysis of the market trends, opportunities, high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
The report provides a detailed analysis of the following market segments:
By Vehicle Types
View Full Market Research Reports on Market: https://www.aarkstore.com/automobile/1796468/uae-electric-vehicle-market-forecast-by-vehicle-types-and-competitive-landscape
About Aarkstore Enterprise
Aarkstore curates global market research reports from various industry verticals and serves businesses worldwide. As market research report resellers, we at Aarkstore, partner with established publishers for both; syndicated data and customized reports. The market research data supplied by us is up-to-date and reliable for current day industry analysis and future market forecasts equally.
Avail Market Research Reports from us and gathers critical information about customer preferences, market requirements, key drivers and challenges for your business to align your strategies with them. The comprehensive overview of the market provided will allow you to make insight-driven decisions giving you an upper hand in the competitive landscape.
Contact Us:
Aarkstore Enterprise
+91 9987295242 | contact@aarkstore.com | www.aarkstore.com
Government policies and incentives for electric vehicles, along with the support of government authorities and private companies in developing EV infrastructure would drive the market for electric vehicles in the UAE. Additionally, new models of electric vehicles such as Nissan LEAF and Peugeot are expected to launch by 2020 would also contribute to the rise in demand for electric vehicles in the UAE.
To Get a Free Report Sample, Kindly Contact Us On: contact@aarkstore.com
According to the UAE electric vehicle market is projected to grow at a CAGR of 32.1% during 2019-25. Under UAE Vision 2021, the government is encouraging the adoption of electric vehicles in the country. In addition to this, Dubai Electricity and Water Authority (DEWA) and Road Transport Authority (RTA) are working together for the development of electric vehicle market in the country by installing charging stations and providing incentives such as free parking and exemption from toll and registration fees.
Dubai acquired the highest market share as compared to other Emirates in the country owing to the better electric vehicle supporting infrastructure such as charging stations. Additionally, authorities and private companies are working towards improving the charging technology which would reduce the charging time for electric vehicles. This in turn would create a suitable environment for the growth of electric vehicles across the country. Some of the key players in the UAE electric vehicle market include - Tesla, Inc., Hyundai Motor Company, Volkswagen Motor Company LTM, Bayerische Motoren Werke AG and others.
The report comprehensively covers the market by vehicle types and regions. The report provides an unbiased and detailed analysis of the market trends, opportunities, high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
- Market Size and Market Forecast, until 2025
- Historical Data of UAE Electric Vehicle Market Revenues for the Period, 2015-2018
- Market Size & Forecast of UAE Electric Vehicle Market Revenues, until 2025F
- Historical Data of UAE Electric Vehicle Market Revenues by Vehicle Type for the Period, 2015-2018
- Market Size & Forecast of UAE Electric Vehicle Market Revenues by Vehicle Type, until 2025F
- Historical Data of UAE Electric Vehicle Market Revenues by Region for the Period, 2015-2018
- Market Size & UAE Electric Vehicle Market Forecast by Region, until 2025F
- Market Drivers and Restraints
- Market Trends
- Market Overview on Competitive Benchmarking
- Competitive Landscape
- Market Share, By Players
- Company Profiles
- Key Strategic Recommendations
The report provides a detailed analysis of the following market segments:
By Vehicle Types
- Passenger Vehicle
- Two-Wheeler
- Bus
- Truck
- Dubai
- Abu Dhabi
- Rest of Emirates
View Full Market Research Reports on Market: https://www.aarkstore.com/automobile/1796468/uae-electric-vehicle-market-forecast-by-vehicle-types-and-competitive-landscape
About Aarkstore Enterprise
Aarkstore curates global market research reports from various industry verticals and serves businesses worldwide. As market research report resellers, we at Aarkstore, partner with established publishers for both; syndicated data and customized reports. The market research data supplied by us is up-to-date and reliable for current day industry analysis and future market forecasts equally.
Avail Market Research Reports from us and gathers critical information about customer preferences, market requirements, key drivers and challenges for your business to align your strategies with them. The comprehensive overview of the market provided will allow you to make insight-driven decisions giving you an upper hand in the competitive landscape.
Contact Us:
Aarkstore Enterprise
+91 9987295242 | contact@aarkstore.com | www.aarkstore.com
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