How is the technological disruption gearing up the KSA Used Car Market for the long ride?: Ken Research The Used Car Market in KSA has witnessed a positive growth over the years supported by the increase in the millennial population in the country along with the entry of emergent players into the market. The rising trend in used cars over new cars indicates the buyer’s preference for purchasing used cars. Car dealers are… Read More »
Saudi Arabia Used Car Market Research Report to 2026: Ken Research How is used car Market Positioned in KSA? Overview: The Used Car Market in KSA has seen significant growth over the years supported by the increase in millennials population in the country along with the entry of emergent players into the market. The rising trend in used car over new cars indicates the buyer preference… Read More »
Saudi Arabia Used Car Market Outlook to 2026F- Driven by Boom in Online Platforms and increase in internet and smartphone penetration The report titled “Saudi Arabia Used Car Market Outlook to 2026F- Driven by Boom in Online Platforms and increase in internet and smartphone penetration” provides a comprehensive analysis of the status of the used car industry in Saudi Arabia. The report covers various aspect of the industry, revenue generated by the KSA Used Car Market,… Read More »
Rising online presence of used car players, lack of original manufacturing facilities and expensive importation of automobiles is driving Used Car Market in KSA: Ken Research Saudi Arabia News KSA Used Commercial Vehicles Market Overview New sales and Service Channels: The increasing adoption of mobile servicing, workforce hygiene, shared mobility, contactless services, e-commerce and vehicle pick-up has boosted demand for disinfection, cleaning and car wash services. Customer preference for auto servicing is shifting towards mobile platforms, which has resulted in the… Read More »
Increase In Number of Women Drivers Is Set to Drive Used Car Market In Saudi Arabia: Ken Research Introduction A used car is the second-hand vehicle that is accessible for resale. Several outlets such as franchise and independent car dealers, auctions, rental car companies, private party sales and leasing offices sell used cards. Report Analysis According to the report analysis, ‘Saudi Arabia Used Car Market Outlook to 2025- By Market Structure (Organized &… Read More »
Saudi Arabia Used Car Market is expected to generate GTV of worth SAR ~125.0 Bn in 2026F owing to Increasing Prices of New Cars with the Tripling of VAT rate and Shifting Preferences towards Online Platforms driving Used Car Sales: Ken Research Key Findings Expansion in internet services (~98% internet penetration in 2021) coupled with increasing number of women drivers have collectively given a boost to development of Used Car industry in KSA. Number of used car sold in KSA increased from 2021 to 2026, owing to KSA’s increasing disposable income, internet infrastructure, increased online presence of… Read More »
KSA Automotive Industry Set to Grow @ 12% amidst VISION 2030 Program Enabling Domestic Manufacturing & Penetration of Technology Leading to Automation: Ken Research Chinese carmaker Chery eyes Saudi Arabian market. Despite the repercussions of the pandemic for the automotive sector, Chery witnessed increased demand since the beginning of 2019, as the company launched its latest models designed with more presentable external frames and attractive interior compartments, and equipped with the latest technological features to meet the aspirations of… Read More »
Growth in Trends of KSA Automotive Market Outlook: Ken Research The automotive industry entails a broad variety of corporates and organization comprised in the design, improvements, manufacturing, marketing and selling of the motor vehicles. It is one of the world’s largest industries by revenue. The country’s automotive segment is powered by the increasing populace, growing disposable income, and comfort of availability of the credit and… Read More »
Future Growth of KSA Automotive Industry Outlook: Ken Research KSA Aftermarket Service Industry Organized sector of KSA Automotive Aftermarket service dominated the industry in terms of revenue earned in the market. It majorly comprises of agency repair (dealership led) & branded workshops across the country, along with the unorganized segment, comprising of only independent workshops. The procurement of spare parts also differ for all… Read More »
KSA Automotive Industry | KSA Automotive Market | Covid-19 Impact on KSA Automotive Industry: Ken Research KSA Automotive Industry: Overview & Ecosystem Kingdom of Saudi Arabia, currently enjoys a strategic position in terms of geography & development of industries with growing economy & improving trade participation in the world. Their automotive industry provides opportunity of high growth with the absence of domestic manufacturing & core dependence on imports for domestic vehicle… Read More »
