Oman Electric Vehicle Market Outlook (2022-2028) | Growth, Share, Size, Value, Analysis, Industry, Trends, Revenue, Companies, Forecast & COVID-19 IMPACT

Oman Electric Vehicle Market report comprehensively covers the market by vehicle types and regions. Oman electric vehicle market report provides an unbiased and detailed analysis of the ongoing 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.

Oman Electric Vehicle Market Synopsis

The government's Vision 2040 strategy intends to promote renewable energy and reduce its carbon emissions along with encouraging green transportation would push the electric car sales and is expected to boost the electric vehicle industry in the country. However, Oman electric vehicle market is at a nascent stage, the market witnessed minimum sales in the previous few years due to the outbreak of the Covid-19 pandemic.

According to 6Wresearch, Oman electric vehicle market size grew at a CAGR of 31.4% from 2022-to 2028. The industry is expected to witness growth in the future years as the country aims to the expansion of its non-oil growth and increase the contribution of non-oil industries to 90% of GDP by 2040. The country is also focused to begin manufacturing the first electric Omani car in 2023.

Market Analysis By Vehicle Types     

The passenger cars segment garnered the highest revenue share and dominated the market in terms of volume as well in Oman owing to the government’s focus on reducing its GHG emissions by 20% by 2030 and promoting renewable energy sources as a part of its “Vision 2040” strategy. Oman has outlined its focus on climate protection by aiming toward green mobility.

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

• Oman Electric Vehicle Market Overview
• Oman Electric Vehicle Market Outlook
• Oman Electric Vehicle Market Forecast
• Historical Data and Forecast Oman Electric Vehicle Market Revenues and Volume for the Period 2018-2028F
• Historical Data and Forecast of Oman Electric Vehicle Market Revenues and Volume, By Vehicle Types, for the Period 2018-2028F
• Historical Data and Forecast of Oman 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
• Oman 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):