Key Market Indicators
The registration of commercial vehicles in the United Arab Emirates (UAE) is projected to surge to approximately 57,000 units by 2028, up from around 42,000 units in 2023. This represents an average annual growth rate of 4.9%. Since 2010, the Emirati market has seen a substantial increase of 41% year on year. In the global rankings for 2023, the UAE held the 45th position. Egypt edged out the UAE with a similar registration figure of 42,000 units. Leading the rankings were Canada, Mexico, and Argentina, which occupied the second, third, and fourth spots, respectively.
