Kuwait Electric Vehicle Market Outlook (2022-2028) | COVID-19 IMPACT, Industry, Forecast, Share, Revenue, Analysis, Value, Companies, Trends, Growth & Size
Market Forecast By Vehicle Types (Two-Wheeler, Passenger Vehicle, Bus, Trucks), By Regions (Western, Southern, Eastern, Central), And Competitive Landscape.
| Product Code: ETC072112 | Publication Date: Apr 2022 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 80 | No. of Figures: 12 | No. of Tables: 8 |
Kuwait Electric Vehicle Market report comprehensively covers the market by vehicle types and regions. Kuwait electric vehicle market report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Kuwait Electric Vehicle Market Synopsis
Kuwait electric vehicle market is at a growing stage, the market witnessed minimum sales in the previous few years. However, the industry is expected to grow in the coming years on account of the government focus on promoting green transportation to reduce its emissions by 2035. The country would focus more on manufacturing electric cars in the future owing to the development of an electric city in Kuwait to serve electric vehicle manufacturers by providing logistic services to big global electric vehicle manufacturing companies. However, Kuwait electric vehicle market witnessed minimum sales in the previous few years due to the outbreak of Covid-19 pandemic.
According to 6Wresearch, Kuwait electric vehicle market size grew at a CAGR of 66.5% during 2022-2028. The country’s focus on diversifying its non-oil economy, promoting new renewable energy, and shifting towards sustainable transportation technologies are expected to boost the demand for efficient charging systems thereby, significantly contributing to rising electric cars sales and elevating the overall electric vehicle industry across Kuwait.
Market Analysis By Vehicle Types
The passenger cars segment dominated the overall electric vehicle market in terms of revenues and volume in Kuwait followed by two-wheelers. Government projects and policies including renewable energy programs, and encouragement of zero-emission vehicles would drive the passenger cars market in Kuwait and is estimated to upkeep the growth over the near future.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 6 Years Market Numbers.
- Estimated Data Starting from 2022F to 2028F.
- Base Year: 2021
- Forecast Data until 2028F.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- Kuwait Electric Vehicle Market Overview
- Kuwait Electric Vehicle Market Outlook
- Kuwait Electric Vehicle Market Forecast
- Historical Data and Forecast Kuwait Electric Vehicle Market Revenues and Volume for the Period 2018-2028F
- Historical Data and Forecast of Kuwait Electric Vehicle Market Revenues and Volume, By Vehicle Types, for the Period 2018-2028F
- Historical Data and Forecast of Kuwait Electric Vehicle Market Revenues and Volume, By Countries, for the Period 2018-2028F
- Market Drivers and Restraints
- Industry Life Cycle
- Porter’s Five Force Analysis
- Impact Analysis of COVID-19
- Market Trends
- Kuwait Vehicle Market Revenue Ranking, By Companies
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Vehicle Types
- Passenger Cars
- Two Wheelers
- Buses
- Trucks
By Regions
- Western
- Southern
- Eastern
- Central
Frequently Asked Questions About the Market Study (FAQs):
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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1. Executive Summary |
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2. Introduction |
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2.1 Report Description |
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2.2 Key Highlights of the Report |
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2.3 Market Scope and Segmentation |
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2.4 Research Methodology |
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2.5 Assumptions |
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3. Kuwait Electric Vehicle Market Overview |
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3.1 Kuwait Electric Vehicle Market Revenues and Volume (2018-2028F) |
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3.2 Kuwait Electric Vehicle Market Industry Life Cycle |
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3.3 Kuwait Electric Vehicle Market Porter’s Five Forces Model |
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3.4 Kuwait Electric Vehicle Market Revenue and Volume Share, By Vehicle Types (2021E & 2028F) |
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4. Impact Analysis of COVID-19 on Kuwait Electric Vehicle Market |
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5. Kuwait Electric Vehicle Market Dynamics |
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5.1 Impact Analysis |
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5.2 Market Drivers |
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5.3 Market Restraints |
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6. Kuwait Electric Vehicle Market Trends & Evolution |
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7. Kuwait Electric Vehicle Market Overview |
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7.1 Kuwait Electric Vehicle Market Revenues and Volume (2018-2028F) |
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7.2 Kuwait Electric Vehicle Market Revenue and Volume Share, By Vehicle Types (2021E & 2028F) |
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7.3 Kuwait Electric Vehicle Market Revenues and Volume, By Vehicle Types (2018-2028F) |
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7.3.1 Kuwait Electric Vehicle Market Revenues and Volume, By Passenger Cars (2018-2028F) |
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7.3.2 Kuwait Electric Vehicle Market Revenues and Volume, By Commercial Vehicles (2018-2028F) |
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7.3.3 Kuwait Electric Vehicle Market Revenues and Volume, By Two Wheelers (2018-2028F) |
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7.4 Kuwait Electric Vehicle Market - Key Performance Indicators |
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7.5 Kuwait Electric Vehicle Market - Opportunity Assessment |
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7.6 Kuwait Electric Vehicle Market Revenue Share/Ranking, By Companies (2021E) |
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8. Kuwait Electric Vehicle Market - Price Trend Analysis |
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9. Kuwait Electric Vehicle Market Competitive Landscape |
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9.1 Kuwait Electric Vehicle Market Competitive Benchmarking, By Operating Parameters |
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10. Company Profiles |
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10.1 Nissan Motor Co, Ltd. |
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10.2 Tesla, Inc. |
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10.3 Hyundai Motor Company |
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10.4 Toyota Motor Corporation |
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10.5 The Volkswagen AG |
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10.6 General Motors Company |
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10.7 Lucid Group, Inc., |
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10.8 Zhengzhou Yutong Bus Co. Ltd. |
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10.9 BMW Group |
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10.10 MG Motors |
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11. Key Strategic Recommendations |
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12. Disclaimer |
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List of Figures |
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1. Kuwait Electric Vehicle Market Revenues and Volume, 2018-2028F ($ Million, Units) |
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2. Kuwait Electric Vehicle Market Revenue Share, By Vehicle Types, 2021E & 2028F |
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3. Kuwait Electric Vehicle Market Volume Share, By Vehicle Types, 2021E & 2028F` |
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4. Kuwait Electric Vehicle Market Revenue Share, By Countries, 2021E & 2028F |
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5. GDP Share of Oil and Gas Sector in Kuwait, 2020 |
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6. PM2.5 concentration in Kuwait countries, 2020 |
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7. Electric car battery prices, 2010-2025F, USD/kWh |
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8. Kuwait Electric Vehicle Market Revenues and Volume, 2018-2028F ($ Million, Units) |
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9. Kuwait Electric Vehicle Market Revenues and Volume, 2018-2028F ($ Million, Units) |
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10. Kuwait Electric Vehicle Market Volume Share, By Vehicle Types, 2021E & 2028F |
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11. Total Imports of Motor Vehicles in Kuwait, 2017-2020 ($ Thousand) |
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12. Distribution of EV Connectors in 2021 |
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13. Kuwait Electric Vehicle Market Opportunity Assessment, By Vehicle Types, 2028F |
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14. Kuwait Electric Vehicle Market Revenue Ranking, By Companies, 2021E |
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List of Tables |
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1. Emission targets and carbon emission by Kuwait countries in 2020 |
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2. Fuel prices in different countries, 2021 |
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3. Kuwait Electric Vehicle Market Revenues, By Vehicle Types, 2018-2028F ($ Million) |
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4. Kuwait Electric Vehicle Market Volume, By Vehicle Types, 2018-2028F (Units) |
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