Key Market Indicators
Emirati vehicle registration is projected to climb to approximately 411,000 units by 2028, a significant increase from the 361,000 units recorded in 2023. This marks an average annual growth rate of 2.1%. Since 2010, the Emirati market has experienced robust growth, expanding at an average rate of 7.8% per year. In the rankings for 2023, the UAE secured the 45th position, with Chile surpassing it with the same number of registered units at 361,000. On the global stage, Canada, China, and Austria claimed the second, third, and fourth positions, respectively, in vehicle registration rankings for 2023.
