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Automobile Market in Iran (islamic Republic of Iran) 2025-2029

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    Report

  • 139 Pages
  • January 2025
  • Region: Iran
  • TechNavio
  • ID: 5980912
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The automobile market in Iran (Islamic Republic of Iran) is forecasted to grow by USD 26.93 billion during 2024-2029, accelerating at a CAGR of 11.3% during the forecast period. The report on the automobile market in Iran (Islamic Republic of Iran) provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing technological advancements in automobile industry, increasing government initiatives and policies for easy automotive industry setup procedure, and increased production activity in Iran for auto parts and components.

The automobile market in Iran (Islamic Republic of Iran) is segmented as below:

By Vehicle Type

  • Passenger vehicles
  • Commercial vehicles

By Type

  • Conventional
  • EV

By Class Type

  • Economy
  • Premium

By Geographical Landscape

  • Middle East and Africa
This study identifies the rise in demand for electric vehicles as one of the prime reasons driving the automobile market in Iran (Islamic Republic of Iran) growth during the next few years. Also, growing preference for connected cars and surge in demand for compact suvs will lead to sizable demand in the market.

The report on the automobile market in Iran (Islamic Republic of Iran) covers the following areas:

  • Automobile Market in Iran (Islamic Republic of Iran) sizing
  • Automobile Market in Iran (Islamic Republic of Iran) forecast
  • Automobile Market in Iran (Islamic Republic of Iran) industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automobile market in Iran (Islamic Republic of Iran) vendors that include Brilliance China Automotive Holdings Ltd., Hyundai Motor Co., Kerman Motor Co, KIA CORP., Nissan Motor Co. Ltd., Renault SAS, Toyota Motor Corp., and Volkswagen AG. Also, the automobile market in Iran (Islamic Republic of Iran) analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Vehicle Type
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Class Type
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Iran (Islamic Republic of Iran) - Market size and forecast 2024-2029 ($ million)
Data Table on Iran (Islamic Republic of Iran) - Market size and forecast 2024-2029 ($ million)
Chart on Iran (Islamic Republic of Iran): Year-over-year growth 2024-2029 (%)
Data Table on Iran (Islamic Republic of Iran): Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Automobile Market in Iran (Islamic Republic of Iran) 2019 - 2023
Historic Market Size - Data Table on Automobile Market in Iran (Islamic Republic of Iran) 2019 - 2023 ($ million)
5.2 Vehicle Type segment analysis 2019 - 2023
Historic Market Size - Vehicle Type Segment 2019 - 2023 ($ million)
5.3 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.4 Class Type segment analysis 2019 - 2023
Historic Market Size - Class Type Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 AI Impact on Automobile Market in Iran (Islamic Republic of Iran)
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Vehicle Type
8.1 Market segments
Chart on Vehicle Type - Market share 2024-2029 (%)
Data Table on Vehicle Type - Market share 2024-2029 (%)
8.2 Comparison by Vehicle Type
Chart on Comparison by Vehicle Type
Data Table on Comparison by Vehicle Type
8.3 Passenger vehicles - Market size and forecast 2024-2029
Chart on Passenger vehicles - Market size and forecast 2024-2029 ($ million)
Data Table on Passenger vehicles - Market size and forecast 2024-2029 ($ million)
Chart on Passenger vehicles - Year-over-year growth 2024-2029 (%)
Data Table on Passenger vehicles - Year-over-year growth 2024-2029 (%)
8.4 Commercial vehicles - Market size and forecast 2024-2029
Chart on Commercial vehicles - Market size and forecast 2024-2029 ($ million)
Data Table on Commercial vehicles - Market size and forecast 2024-2029 ($ million)
Chart on Commercial vehicles - Year-over-year growth 2024-2029 (%)
Data Table on Commercial vehicles - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Vehicle Type
Market opportunity by Vehicle Type ($ million)
Data Table on Market opportunity by Vehicle Type ($ million)
9 Market Segmentation by Type
9.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
9.3 Conventional - Market size and forecast 2024-2029
Chart on Conventional - Market size and forecast 2024-2029 ($ million)
Data Table on Conventional - Market size and forecast 2024-2029 ($ million)
Chart on Conventional - Year-over-year growth 2024-2029 (%)
Data Table on Conventional - Year-over-year growth 2024-2029 (%)
9.4 EV - Market size and forecast 2024-2029
Chart on EV - Market size and forecast 2024-2029 ($ million)
Data Table on EV - Market size and forecast 2024-2029 ($ million)
Chart on EV - Year-over-year growth 2024-2029 (%)
Data Table on EV - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
10 Market Segmentation by Class Type
10.1 Market segments
Chart on Class Type - Market share 2024-2029 (%)
Data Table on Class Type - Market share 2024-2029 (%)
10.2 Comparison by Class Type
Chart on Comparison by Class Type
Data Table on Comparison by Class Type
10.3 Economy - Market size and forecast 2024-2029
Chart on Economy - Market size and forecast 2024-2029 ($ million)
Data Table on Economy - Market size and forecast 2024-2029 ($ million)
Chart on Economy - Year-over-year growth 2024-2029 (%)
Data Table on Economy - Year-over-year growth 2024-2029 (%)
10.4 Premium - Market size and forecast 2024-2029
Chart on Premium - Market size and forecast 2024-2029 ($ million)
Data Table on Premium - Market size and forecast 2024-2029 ($ million)
Chart on Premium - Year-over-year growth 2024-2029 (%)
Data Table on Premium - Year-over-year growth 2024-2029 (%)
10.5 Market opportunity by Class Type
Market opportunity by Class Type ($ million)
Data Table on Market opportunity by Class Type ($ million)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Drivers, Challenges, and Opportunity/Restraints
12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints
13 Competitive Landscape
13.1 Overview
13.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
Overview on factors of disruption
13.4 Industry risks
Impact of key risks on business
14 Competitive Analysis
14.1 Companies profiled
Companies covered
14.2 Company ranking index
Company ranking index
14.3 Market positioning of companies
Matrix on companies position and classification
14.4 Brilliance China Automotive Holdings Ltd.
Brilliance China Automotive Holdings Ltd. - Overview
Brilliance China Automotive Holdings Ltd. - Product / Service
Brilliance China Automotive Holdings Ltd. - Key offerings
SWOT
14.5 Hyundai Motor Co.
Hyundai Motor Co. - Overview
Hyundai Motor Co. - Business segments
Hyundai Motor Co. - Key news
Hyundai Motor Co. - Key offerings
Hyundai Motor Co. - Segment focus
SWOT
14.6 Kerman Motor Co
Kerman Motor Co - Overview
Kerman Motor Co - Product / Service
Kerman Motor Co - Key offerings
SWOT
14.7 KIA CORP.
KIA CORP. - Overview
KIA CORP. - Product / Service
KIA CORP. - Key offerings
SWOT
14.8 Nissan Motor Co. Ltd.
Nissan Motor Co. Ltd. - Overview
Nissan Motor Co. Ltd. - Business segments
Nissan Motor Co. Ltd. - Key news
Nissan Motor Co. Ltd. - Key offerings
Nissan Motor Co. Ltd. - Segment focus
SWOT
14.9 Renault SAS
Renault SAS - Overview
Renault SAS - Product / Service
Renault SAS - Key news
Renault SAS - Key offerings
SWOT
14.10 Toyota Motor Corp.
Toyota Motor Corp. - Overview
Toyota Motor Corp. - Business segments
Toyota Motor Corp. - Key news
Toyota Motor Corp. - Key offerings
Toyota Motor Corp. - Segment focus
SWOT
14.11 Volkswagen AG
Volkswagen AG - Overview
Volkswagen AG - Business segments
Volkswagen AG - Key news
Volkswagen AG - Key offerings
Volkswagen AG - Segment focus
SWOT
15 Appendix
15.1 Scope of the report
15.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
15.3 Currency conversion rates for US$
Currency conversion rates for US$
15.4 Research methodology
Research methodology
15.5 Data procurement
Information sources
15.6 Data validation
Data validation
15.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
15.8 Data synthesis
Data synthesis
15.9 360 degree market analysis
360 degree market analysis
15.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Vehicle Type
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Class Type
Exhibits 7: Executive Summary - Chart on Company Market Positioning
Exhibits 8: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 9: Overview on criticality of inputs and factors of differentiation
Exhibits 10: Overview on factors of disruption
Exhibits 11: Impact of drivers and challenges in 2024 and 2029
Exhibits 12: Parent Market
Exhibits 13: Data Table on - Parent Market
Exhibits 14: Market characteristics analysis
Exhibits 15: Value chain analysis
Exhibits 16: Offerings of companies included in the market definition
Exhibits 17: Market segments
Exhibits 18: Chart on Iran (Islamic Republic of Iran) - Market size and forecast 2024-2029 ($ million)
Exhibits 19: Data Table on Iran (Islamic Republic of Iran) - Market size and forecast 2024-2029 ($ million)
Exhibits 20: Chart on Iran (Islamic Republic of Iran): Year-over-year growth 2024-2029 (%)
Exhibits 21: Data Table on Iran (Islamic Republic of Iran): Year-over-year growth 2024-2029 (%)
Exhibits 22: Historic Market Size - Data Table on Automobile Market in Iran (Islamic Republic of Iran) 2019 - 2023 ($ million)
Exhibits 23: Historic Market Size - Vehicle Type Segment 2019 - 2023 ($ million)
Exhibits 24: Historic Market Size - Type Segment 2019 - 2023 ($ million)
Exhibits 25: Historic Market Size - Class Type Segment 2019 - 2023 ($ million)
Exhibits 26: Five forces analysis - Comparison between 2024 and 2029
Exhibits 27: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 28: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 29: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 30: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 31: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 32: Chart on Market condition - Five forces 2024 and 2029
Exhibits 33: Chart on Vehicle Type - Market share 2024-2029 (%)
Exhibits 34: Data Table on Vehicle Type - Market share 2024-2029 (%)
Exhibits 35: Chart on Comparison by Vehicle Type
Exhibits 36: Data Table on Comparison by Vehicle Type
Exhibits 37: Chart on Passenger vehicles - Market size and forecast 2024-2029 ($ million)
Exhibits 38: Data Table on Passenger vehicles - Market size and forecast 2024-2029 ($ million)
Exhibits 39: Chart on Passenger vehicles - Year-over-year growth 2024-2029 (%)
Exhibits 40: Data Table on Passenger vehicles - Year-over-year growth 2024-2029 (%)
Exhibits 41: Chart on Commercial vehicles - Market size and forecast 2024-2029 ($ million)
Exhibits 42: Data Table on Commercial vehicles - Market size and forecast 2024-2029 ($ million)
Exhibits 43: Chart on Commercial vehicles - Year-over-year growth 2024-2029 (%)
Exhibits 44: Data Table on Commercial vehicles - Year-over-year growth 2024-2029 (%)
Exhibits 45: Market opportunity by Vehicle Type ($ million)
Exhibits 46: Data Table on Market opportunity by Vehicle Type ($ million)
Exhibits 47: Chart on Type - Market share 2024-2029 (%)
Exhibits 48: Data Table on Type - Market share 2024-2029 (%)
Exhibits 49: Chart on Comparison by Type
Exhibits 50: Data Table on Comparison by Type
Exhibits 51: Chart on Conventional - Market size and forecast 2024-2029 ($ million)
Exhibits 52: Data Table on Conventional - Market size and forecast 2024-2029 ($ million)
Exhibits 53: Chart on Conventional - Year-over-year growth 2024-2029 (%)
Exhibits 54: Data Table on Conventional - Year-over-year growth 2024-2029 (%)
Exhibits 55: Chart on EV - Market size and forecast 2024-2029 ($ million)
Exhibits 56: Data Table on EV - Market size and forecast 2024-2029 ($ million)
Exhibits 57: Chart on EV - Year-over-year growth 2024-2029 (%)
Exhibits 58: Data Table on EV - Year-over-year growth 2024-2029 (%)
Exhibits 59: Market opportunity by Type ($ million)
Exhibits 60: Data Table on Market opportunity by Type ($ million)
Exhibits 61: Chart on Class Type - Market share 2024-2029 (%)
Exhibits 62: Data Table on Class Type - Market share 2024-2029 (%)
Exhibits 63: Chart on Comparison by Class Type
Exhibits 64: Data Table on Comparison by Class Type
Exhibits 65: Chart on Economy - Market size and forecast 2024-2029 ($ million)
Exhibits 66: Data Table on Economy - Market size and forecast 2024-2029 ($ million)
Exhibits 67: Chart on Economy - Year-over-year growth 2024-2029 (%)
Exhibits 68: Data Table on Economy - Year-over-year growth 2024-2029 (%)
Exhibits 69: Chart on Premium - Market size and forecast 2024-2029 ($ million)
Exhibits 70: Data Table on Premium - Market size and forecast 2024-2029 ($ million)
Exhibits 71: Chart on Premium - Year-over-year growth 2024-2029 (%)
Exhibits 72: Data Table on Premium - Year-over-year growth 2024-2029 (%)
Exhibits 73: Market opportunity by Class Type ($ million)
Exhibits 74: Data Table on Market opportunity by Class Type ($ million)
Exhibits 75: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 76: Impact of drivers and challenges in 2024 and 2029
Exhibits 77: Overview on criticality of inputs and factors of differentiation
Exhibits 78: Overview on factors of disruption
Exhibits 79: Impact of key risks on business
Exhibits 80: Companies covered
Exhibits 81: Company ranking index
Exhibits 82: Matrix on companies position and classification
Exhibits 83: Brilliance China Automotive Holdings Ltd. - Overview
Exhibits 84: Brilliance China Automotive Holdings Ltd. - Product / Service
Exhibits 85: Brilliance China Automotive Holdings Ltd. - Key offerings
Exhibits 86: SWOT
Exhibits 87: Hyundai Motor Co. - Overview
Exhibits 88: Hyundai Motor Co. - Business segments
Exhibits 89: Hyundai Motor Co. - Key news
Exhibits 90: Hyundai Motor Co. - Key offerings
Exhibits 91: Hyundai Motor Co. - Segment focus
Exhibits 92: SWOT
Exhibits 93: Kerman Motor Co - Overview
Exhibits 94: Kerman Motor Co - Product / Service
Exhibits 95: Kerman Motor Co - Key offerings
Exhibits 96: SWOT
Exhibits 97: KIA CORP. - Overview
Exhibits 98: KIA CORP. - Product / Service
Exhibits 99: KIA CORP. - Key offerings
Exhibits 100: SWOT
Exhibits 101: Nissan Motor Co. Ltd. - Overview
Exhibits 102: Nissan Motor Co. Ltd. - Business segments
Exhibits 103: Nissan Motor Co. Ltd. - Key news
Exhibits 104: Nissan Motor Co. Ltd. - Key offerings
Exhibits 105: Nissan Motor Co. Ltd. - Segment focus
Exhibits 106: SWOT
Exhibits 107: Renault SAS - Overview
Exhibits 108: Renault SAS - Product / Service
Exhibits 109: Renault SAS - Key news
Exhibits 110: Renault SAS - Key offerings
Exhibits 111: SWOT
Exhibits 112: Toyota Motor Corp. - Overview
Exhibits 113: Toyota Motor Corp. - Business segments
Exhibits 114: Toyota Motor Corp. - Key news
Exhibits 115: Toyota Motor Corp. - Key offerings
Exhibits 116: Toyota Motor Corp. - Segment focus
Exhibits 117: SWOT
Exhibits 118: Volkswagen AG - Overview
Exhibits 119: Volkswagen AG - Business segments
Exhibits 120: Volkswagen AG - Key news
Exhibits 121: Volkswagen AG - Key offerings
Exhibits 122: Volkswagen AG - Segment focus
Exhibits 123: SWOT
Exhibits 124: Inclusions checklist
Exhibits 125: Exclusions checklist
Exhibits 126: Currency conversion rates for US$
Exhibits 127: Research methodology
Exhibits 128: Information sources
Exhibits 129: Data validation
Exhibits 130: Validation techniques employed for market sizing
Exhibits 131: Data synthesis
Exhibits 132: 360 degree market analysis
Exhibits 133: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the automobile market in Iran (Islamic Republic of Iran): Brilliance China Automotive Holdings Ltd., Hyundai Motor Co., Kerman Motor Co, KIA CORP., Nissan Motor Co. Ltd., Renault SAS, Toyota Motor Corp., and Volkswagen AG.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rise in demand for electric vehicles."

According to the report, one of the major drivers for this market is the growing technological advancements in automobile industry.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Brilliance China Automotive Holdings Ltd.
  • Hyundai Motor Co.
  • Kerman Motor Co
  • KIA CORP.
  • Nissan Motor Co. Ltd.
  • Renault SAS
  • Toyota Motor Corp.
  • Volkswagen AG