Rising Automobile demand, Flexible models of financing, increase in Online Auto Finance Aggregator and Growth in Auto Finance industry had driven UAE Auto Finance Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Focus on Growing digital penetration, evolving vehicle ownership characteristics and rebates by the Government amidst systematically regulated vehicle ownership and financing policies by the regulatory authorities are driving the UAE auto finance market. Rising Automobile Demand: UAE’s low import and fuel costs, conducive tax regime and high disposable incomes has strengthened the automobile sector and encouraged the global giants to set up its dealers and distributers in the UAE. The government has also been encouraging research and development with regards to autonomous or driverless vehicles, smart and eco-friendly alternatives, for instance, hydrogen, natural gas and hybrid vehicles which has led to the rise in demand for automobile. Flexible Models of Financing: Younger, tech-savvy buyers, who expect to manage their finances remotely on a mobile device or computer are gaining market share. AI is increasingly making important decisions to offer a very different proposition to third party funders, brokers and banks like Dubai Islamic bank, Ajman bank, arab bank, mashreq, first Abu Dhabi bank etc. Request for Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTky Growth in Automotive Industry: UAE’s low import and fuel costs, conducive tax regime and high disposable incomes have also helped strengthen the automobile sector and encourage global giants like Toyota, Nissan, Mitsubishi, etc. to set up shop here and manufacture in the country. The government has also been encouraging research and development with regards to autonomous or driverless vehicles such as the RTA and General Motors backed “Cruise” that is operating Chevrolet Bolt EVs across the city to create and maintain a navigable map for autonomous vehicles. Online Auto Finance Aggregator: Major Online aggregator are Yallacompare, Moneymall, souqalmal, mymoneysouq, soulwallet. These platforms collaborate with Banks, Captives, NBFCs, Fintech lenders and other peer-to-peer lending platforms to provide multiple financing options that range from personalized interest rates and variable terms to completely new ownership models such as shared leasing and vehicle subscriptions. Analysts at Ken Research in their latest publication “UAE Auto Finance Industry Outlook to 2026F – Driven by growing digital penetration, evolving vehicle ownership characteristics and rebates by the Government amidst systematically regulated vehicle ownership and financing policies by the regulatory authorities” by Ken Research observed that UAE Auto Finance Market is in the growing phase. The Potential for Fintech Growth, growing digital advancement, rising automobile demand, flexible model of financing and government initiatives, are some of the factors that will contributed to the UAE Auto Finance market growth over the period of 2021-2026F. It is expected that UAE Auto Finance Sector will grow at a CAGR of ~17% for the above forecasted period. Key Segments Covered: – UAE Auto Finance Market: By Category of Lenders (by Credit disbursed), 2021 & 2026F: Captive Financing Companies Universal and Commercial Banks NBFCs By Type of Vehicles (by Credit disbursed), 2021 & 2026F: Two Wheelers Three Wheelers Four Wheelers By Type of Ownership (by Credit disbursed), 2021 & 2026F: Used Cars New Cars By Category of Vehicles (by Credit disbursed), 2021 & 2026F: Passenger Vehicles Commercial Vehicles By Duration of Loan (by Credit disbursed), 2021 & 2026F: 12 – 14 months 25 – 48 months 49 – 60 months Request for Customization @ https://www.kenresearch.com/ask-customization.php?Frmdetails=NTk2MTky Key Target Audience Banks and its Subsidiaries NBFCs Captive Finance Companies Government and Institutions Automobile Companies Car Dealers Government and Institutions Existing Auto Finance Companies OEM Dealerships New Market Entrants Investors Auto mobile Associations Time Period Captured in the Report: Historical Period: 2016-2020 Base Year: 2021 Forecast Period: 2022 – 2026F Companies Covered: Dubai Islamic Bank Commercial Bank of Dubai Emirates NBD HSBC Noor Bank Abu Dhabi Islamic Bank Al Hilal Bank Ajman Bank ADCB Islamic Bank Arab Bank RakBank Sharjah Islamic Bank Emirates Islamic Bank First Abu Dhabi Bank Mashreq Bank Dunia Finance Reem Finance Siraj Finance Finance House Dubai First Key Topics Covered in the Report: Executive Summary for UAE Auto Finance Market Outlook to 2026F Country Overview of UAE UAE Auto Finance Market Overview and Genesis Ecosystem of Major Entities in UAE Auto Finance Market UAE Automotive Market – Major OEM Brands basis Passenger Car Sales Objectives of Captives Types of Car Loans in UAE Auto Finance Industry Value Chain of UAE Auto Finance Industry UAE Auto Finance Market Size UAE Auto Finance Market Segmentations Industry Analysis of UAE Auto Finance Market Decision Making Parameters for selecting Auto Finance Vendors Trends and Developments in UAE Auto Finance Market Challenges faced by End Users in UAE Auto Finance Market SWOT Analysis of UAE Auto Finance Market Government Regulations in the UAE Auto Finance Market Customer Journey COVID 19 Impact on UAE Auto Finance Industry UAE Auto Finance Aggregator Market Cross Comparison of Major Companies in UAE Auto Finance Market Future Outlook and Market Size for UAE Auto Finance Market 2021-2026F Analyst Recommendations For more insights on the market intelligence, refer to the link below: – Future Outlook UAE Auto Finance Market Related Reports by Ken Research: – KSA Auto Finance Market Outlook to 2026F Thailand Auto Finance Market Outlook to 2024 Tags: Ajman Bank UAE motor vehicle Loan Market, Arab Bank auto finance Market Share, Auto finance Interest Rate in UAE, Auto Finance Ticket Size UAE, Auto Loan Growth UAE, auto loan market UAE, Auto Loan NPAs in UAE, Auto Loan Portfolio UAE, auto-financing market in UAE, Automobile finance sector in UAE, Car Loan Disbursed UAE, Car Loan Outstanding UAE, Cars Parcs in UAE, challenges in UAE Auto Finance Market, Competitors in UAE Auto Finance Market, Consumer Automotive Financial Services in UAE, Dubai First Car loan Market Revenue, Dubai Islamic Bank Car Finance Market, e-platform players UAE Auto Finance Market, Emerging Players in UAE Auto Finance Market, Fin-tech companies in UAE, Financial Institutions in UAE, HSBC Bank UAE auto finance Market Share, Investment in UAE Auto Sector, Investors in Auto Finance Market, Leading Players in UAE Auto Finance Market, lending banks in UAE, major players in UAE Auto Finance Market, New Car Finance Market UAE, New players in UAE Auto Finance Market, number of multi-finance companies UAE, Number of Vehicle Financed UAE, Online Auto- Finance Market in UAE, Sharjah Islamic Bank vehicle loan Market, Startups in UAE Auto Finance Market, Two Wheeler Finance Market in UAE, UAE Auto accounts Market, UAE Auto Banking Market, UAE Auto Finance Industry, UAE Auto Finance Industry Outlook, UAE Auto Finance Lenders, UAE Auto Finance Market, UAE Auto Finance Market Trends, UAE Auto Finance Sector, UAE auto loans Market, UAE Auto Market, UAE auto refinance market size, UAE Automobile banking Market, UAE Automobile Finance Industry, UAE Automobile loan market, UAE Automotive Loan Industry, UAE Automotive Market, UAE commercial vehicle Loan Market, UAE fin-tech loan Market, UAE fin-tech sector Growth, UAE fintech Market Startups, UAE Motor Vehicle Loan Market, UAE Online Auto Finance Market, UAE passenger car Loan market, UAE passenger vehicle Loan Market, Used Car Finance Market UAE, Used Vehicle Financed UAE, Vehicle finance Companies in UAE, vehicle financing Market in UAE, Vehicle Loan Interest Rate UAE, Venture Capital Firms in UAE