The report provides an in-depth analysis of the electric vehicle (EV) market in the Middle East and North Africa (MENA) region, using 2023 as the base year and forecasting trends from 2024 to 2029, with estimations of compound annual growth rates (CAGR). The market size is based on EV registrations, sales, and infrastructure developments across key countries in the region. This report explores technological advances, regulatory policies, investment trends, and consumer adoption patterns shaping the MENA EV market. Additionally, it examines the economic impact, business opportunities, and sustainability initiatives driving the industry’s expansion. The report also highlights the competitive landscape, profiling key competitors in EV manufacturing, charging infrastructure, battery technology, and mobility solutions. Furthermore, it identifies market drivers, challenges, and regional dynamics influencing the growth of electric mobility in the MENA region.
Türkiye is not considered in the MENA EV market report because it is typically categorized within Europe and Central Asia due to its economic ties, regulatory framework, and automotive industry alignment with European markets. Additionally, Türkiye has a well-established domestic EV industry, including brands like Togg, which follows EU standards and policies, differentiating it from MENA market dynamics.
Türkiye is not considered in the MENA EV market report because it is typically categorized within Europe and Central Asia due to its economic ties, regulatory framework, and automotive industry alignment with European markets. Additionally, Türkiye has a well-established domestic EV industry, including brands like Togg, which follows EU standards and policies, differentiating it from MENA market dynamics.
The report includes:
- In-depth analysis of the electric vehicle (EV) market in the Middle East and North Africa (MENA) region
- Analyses of trends in MENA regional markets for EVs, with revenue data for 2023, estimates for 2024, and projected CAGRs through 2029
- Estimates of the size of the market and revenue growth prospects, accompanied by a market share analysis by vehicle type, propulsion technology, and country
- Facts and figures pertaining to the current market dynamics, technological advances, regulations, and the impact of macroeconomic factors
- An assessment of the sustainability trends and ESG developments in the MENA EV market
- Analysis of the industry structure, including companies’ product offerings, strategic alliances, venture fundings and investment outlook
Table of Contents
Chapter 1 Executive Summary
Chapter 2 MENA EV Industry Outlook
Chapter 3 Market Dynamics
Chapter 4 Market Segment Analysis
Chapter 5 Emerging Markets
Chapter 6 Russia-Ukraine War Impact Analysis
Chapter 7 Competitive Landscape
Chapter 8 Appendix
List of Tables
List of Figures
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 76 |
Published | April 2025 |
Forecast Period | 2024 - 2029 |
Estimated Market Value ( USD | $ 7.8 Billion |
Forecasted Market Value ( USD | $ 14.5 Billion |
Compound Annual Growth Rate | 11.2% |
Regions Covered | Africa, Middle East |