1. Market Research
  2. > Automotive
  3. > Motor Vehicle
  4. > Light Vehicle Market Trends
Saudi Arabia Passenger Car Market, By Vehicle Type, By Fuel Type, By Transmission Type, Competition Forecast & Opportunities, 2026

Saudi Arabia Passenger Car Market, By Vehicle Type, By Fuel Type, By Transmission Type, Competition Forecast & Opportunities, 2026

  • October 2021
  • 145 pages
  • ID: 5813143
  • Format: PDF
  • TechSci Research


Table of Contents

Saudi Arabia Passenger Car Market, By Vehicle Type (Hatchback, Sedan, MPV, Pickup & SUV), By Fuel Type (Petrol, Diesel & Others), By Transmission Type (Manual Transmission & Automatic Transmission), Competition Forecast & Opportunities, 2026

Saudi Arabia passenger car market was valued at USD11.33 billion in 2020 and it is estimated to grow with a CAGR of 6.25% in terms of value during the forecast period. Moreover, the market is anticipated to reach USD17.64 billion by 2026. The Saudi Arabia passenger car market is driven by expanding road infrastructure and increasing per capita spending of the people in the region. In 2017, the ban on women driving was uplifted in the Kingdom of Saudi Arabia and since then there is an increase in women drivers, hence the demand is expected to increase from this segment and is susceptible to propel the market in the forecast period as well.
The Saudi Arabia passenger car market is divided based on vehicle type, fuel type, transmission type and company.Based on vehicle type, the market can be classified into hatchback, sedan, pickup cars, multi-purpose vehicles (MPV) and sports utility vehicles (SUV).

In terms of vehicle type, the sedan car segment accounts for the largest share in the historical period and is projected to remain the dominant segment in the forecast period.Shifting consumers’ preferences towards modernized lifestyle from the traditional one and their preferences in the usage of technologically advanced personal vehicles backed by the increase in disposable income are the major factors propelling the growth of the sedan cars in Saudi Arabia.

Based on fuel type, the market is majorly contributed by gasoline driven passenger cars due to comparatively high availability and low prices of gasoline and this trend is susceptible to withstand in the forecast period as well.In the sedan segment, cars with engine capacity up to 2000cc are expected to hold majority shares, but due to the increasing demand for cars with higher engine capacities, cars with engine capacity below 2000cc are anticipated to register a slothful growth.

Cars with automatic transmission account for the majority share in the Saudi Arabia passenger car market on account of ease of driving with stringent traffic rules across the region.
Furthermore, advancements in technology are driving the demand for passenger cars in the country.With changing technology advancements, automotive manufacturers are making better features and specifications available for the consumers such as electric and hybrid technology.

Electric and hybrid cars are being developed, keeping futuristic things in mind concerning consumer and environmental factors. Passenger car manufacturers, such as Tesla Inc. and Hyundai Motor Company, are investing in electric engines to make future-ready passenger cars like Kona electric for the customers. Customers are also preferring electric engines gradually over the Internal Combustion Engine (ICE), due to better functioning and less maintenance cost. The trend of these energy-efficient cars is expected to boost the demand for passenger cars, driving the growth of the passenger car market in Saudi Arabia.
Toyota Motor Corporation, Nissan Motor Company, Ltd., Hyundai Motor Company, Kia Corporation, etc., are among some of the leading players operating in the Saudi Arabia passenger car market. Apart from these companies, other passenger car manufacturers are also increasing their marketing activities and enriching their product portfolio in the region to increase their customer outreach. Major companies in the Saudi Arabia passenger car market industry are also focusing on increasing their dealer and distributor network to grab a larger share in the region’s passenger car market.

Years considered for this report:

Historical Period: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026

Objective of the Study:

• To analyze the historical growth in the market size of the Saudi Arabia passenger car market from 2016 to 2020.
• To estimate and forecast the market size of the Saudi Arabia passenger car market from 2021 to 2026 and growth rate until 2026.
• To classify and forecast Saudi Arabia passenger car market-based vehicle type, fuel type, transmission type and company.
• To identify dominant region or segment in the Saudi Arabia passenger car market.
• To identify drivers and challenges for the Saudi Arabia passenger car market.
• To examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the Saudi Arabia passenger car market.
• To conduct pricing analysis for the Saudi Arabia passenger car market.
• To identify and analyze the profile of leading players operating in the Saudi Arabia passenger car market.
• To identify key sustainable strategies adopted by the market players in the Saudi Arabia passenger car market.

The analyst performed primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of passenger car dealers and distributors in Saudi Arabia region.

Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.

Through this technique, the analyst was able to include vendors and service providers that could not be identified due to the limitations of secondary research. The analyst examined product offerings, application, distribution channel and regional presence of all the passenger car distributors and dealers across the country.
The analyst calculated the market size of the Saudi Arabia passenger car market using a bottom-up approach, where data for various end-user segments were recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Key Target Audience:

• Global passenger car manufacturers operating in the country
• Dealers and distributors of passenger cars
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances related to passenger cars

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

• In this report, the Saudi Arabia Passenger Car market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
• Saudi Arabia Passenger Car Market, By Vehicle Type:
o Hatchback
o Sedan
o Multi-Purpose Vehicle (MPV)
o Sports Utility Vehicle (SUV)
o Pick-Up Cars
• Saudi Arabia Passenger Car Market, By Fuel Type:
o Gasoline / Petrol
o Diesel
o Alternate Fuels
• Saudi Arabia Passenger Car Market, By Transmission Type:
o Manual Transmission
o Automatic Transmission

Company Profiles: Detailed analysis of the major companies present in the Saudi Arabia passenger car market.

Available Customizations:

With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
• Profit margin analysis in case of direct and indirect sales channel.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Indonesia Automotive Outlook, 2021

  • $ 4950
  • September 2021
  • 105 pages

In 2020, Indonesia’s automotive total industry volume (TIV) dropped by 48.4%, compared to 2019, with only 532,030 units being sold. The passenger vehicle (PV) segment remained dominant with 73.1% market ...

  • Indonesia
  • Automotive
  • Light Vehicle
  • Industry analysis
  • Car Sales


Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on