Key Market Indicators
Emirati vehicle registration is projected to grow to approximately 411,000 units by 2028, marking an increase from around 361,000 units in 2023. This reflects a compound annual growth rate (CAGR) of 2.1%. Since 2010, the Emirati market has experienced a year-on-year growth rate of 7.8%. In 2023, the United Arab Emirates ranked 45th globally in vehicle registration, with Chile surpassing it at around 361,000 units. In the global ranking, Canada, China, and Austria held the second, third, and fourth positions, respectively.
