Covid Recovery and Promotion of EVs Fueling Demand for Auto Finance in Qatar: Ken Research 1. Banks dominate the Qatar Auto Finance market owing to lower interest rate and flexible repayment tenors The Qatar Auto Finance Market is consolidated with Banks having major share in the market. Banks are providing 100% and 80% finance for electric and hybrid car/vehicles to Qatari customers and expats to reward them for making an… Read More »
Qatar Auto Finance Market is expected to reach QR 18.9 Bn in 2026F Qatar will host the FIFA World Cup 2022 which is expected to increase the tourist flow (more than 1 mn tourists are expected to arrive in Qatar by the end of 2022) which will directly benefit the local business and automobile sector of the country. Electric vehicles are eco-friendly and help Qatar in sustainable development… Read More »
Qatar Auto Finance Market Size, Growth Rate, Forecast, Revenue & Outlook to 2026F: Ken Research The report “Qatar Auto Finance Market Outlook to 2026F– Driven by Increasing Vehicle Prices and Low Interest Rate in The Country” by Ken Research provides a comprehensive analysis of the potential of Auto Finance industry in Qatar. The report also covers an overview and genesis of the industry, market size in terms of credit disbursed;… Read More »
Qatar Auto Finance Market Outlook to 2026F: Ken Research Qatar Auto Finance Market is in Maturity stage as there is moderate growth owing to rising Demand for Two Wheeler Vehicle: Ken Research Driven by increasing vehicle prices and low-interest rates in the country, the Qatar Auto finance market has seen some growth in the share of commercial vehicles post covid-19. Qatar Auto finance market… Read More »
Qatar Auto Finance Market Outlook to 2023: Ken Research The Vehicle Finance Market in Qatar observed a slight decline during the period 2014-2018, due to decreasing new vehicle sales over the same duration. The market is in growth stage with vehicle sales beginning to follow a normal growth trend after continued exponential growth till 2014, followed by a speedy decline after that. Trends in… Read More »
Qatar Auto Finance Market Outlook to 2023: Ken Research href=”https://www.kenresearch.com/banking-financial-services-and-insurance/loans-and-advances/qatar-auto-finance-market-outlook-to-2023/274062-93.html” target=”_bl” rel=”noopener”>Buy Now Auto finance is delivered by financing companies or specialist auto vehicle producers. It includes several financial products such as loans & leases, which enables the customers to obtain a car. Not only has this, auto finance products & services are primarily distributed through original equipment manufacturers (OEMs), banks, credit unions, brokers,… Read More »
Qatar Vehicle Finance Market is further expected to reach a Market Size of around QAR 25.2 Billion in terms of Auto Loans Outstanding & QAR 9.6 Billion in terms of Auto Loans disbursed by the year ending 2023: Ken Research Captives & NBFC’s are expanding their auto loan portfolios at an increasing rate. Many Automobile OEM’s, especially luxury brands like BMW, Audi etc. have started providing loans with 0% down-payments to increase the sale of their vehicles. This has proved very effective for these companies and has driven the sale of these dealerships. Competition in… Read More »
Competitive Landscape In The Qatar Auto Finance Market: Ken Research The competition in the Qatar Auto Finance Market is concentrated with dominance of few major local banks operating in the country. The major lending institution types in the market are Banks, Captives and Non-Banking Financial Companies. Banks hold a majority share in the lending space for new vehicles and the used vehicle segment. Some of… Read More »
Qatar Auto Finance Market Outlook to 2023: Ken Research The report titled “Qatar Auto Finance Market Outlook to 2023 –By Banks, Non Banking Financial Companies and Captives, By New and Used Vehicles Financed, By Type of Vehicle Financed (Motor Bikes, Cars and Light Commercial Vehicles) and By Loan Time Period” provides a comprehensive analysis of the Qatar vehicle finance market including market evolution, market… Read More »