Middle East & Africa Electric Mobility Market Size & Outlook
Middle East & Africa electric mobility market, 2018-2030 (US$M)
Related Markets
MEA electric mobility market highlights
- The MEA electric mobility market generated a revenue of USD 1,886.2 million in 2022.
- The market is expected to grow at a CAGR of 5.3% from 2023 to 2030.
- In terms of segment, hub drive was the largest revenue generating drive type in 2022.
- Chain Drive is the most lucrative drive type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2022 | USD 1,886.2 million |
| Market revenue in 2030 | USD 2,849.4 million |
| Growth rate | 5.3% (CAGR from 2022 to 2030) |
| Largest segment | Hub drive |
| Fastest growing segment | Chain Drive |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Belt Drive, Chain Drive, Hub Drive |
| Key market players worldwide | Bayerische Motoren Werke AG, Honda Motor Co Ltd, Gogoro Inc, PIERER Mobility AG, Mahindra & Mahindra Ltd DR, Ninebot, Suzuki Motor Corp, Terra Motors, Yamaha Motor Co Ltd, Vmoto |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.7% of the global electric mobility market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 21,040.3 million by 2030.
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Electric Mobility Market Scope
Electric Mobility Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa electric mobility market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric mobility market will help companies and investors design strategic landscapes.
Hub drive was the largest segment with a revenue share of 45.4% in 2022. Horizon Databook has segmented the Middle East & Africa electric mobility market based on belt drive, chain drive, hub drive covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Electric Mobility Drive Type Outlook (Revenue, USD Million, 2018-2030)
- Belt Drive
- Chain Drive
- Hub Drive
- Middle East & Africa Electric Mobility End-Use Outlook (Revenue, USD Million, 2018-2030)
- Personal
- Commercial
- Middle East & Africa Electric Mobility Battery Outlook (Revenue, USD Million, 2018-2030)
- Lead-acid Battery
- Lithium-ion Battery
- Others
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Our clientele includes a mix of electric mobility market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa electric mobility market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa electric mobility market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa electric mobility market
Middle East & Africa Electric Mobility Market Outlook Share, 2022 & 2030 (US$M)
Middle East & Africa electric mobility market
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