Key Market Indicators
Emirati car registration is expected to climb to approximately 305,500 units by 2028, up from around 270,000 units in 2023. This represents an annual compound growth rate (CAGR) of 2%. Since 2010, the demand for car registration in the UAE has increased by 2.4% annually. In the global ranking for 2023, the UAE secured the 42nd position, with the United Kingdom surpassing it at the same figure of around 270,000 units. In the same ranking, Indonesia, Austria, and Belgium took the second, third, and fourth spots, respectively.