The country holds a promising market. Growth in new vehicle sales is forecasted at 5.1%, with commercial vehicle (CV) sales growth of 5.4% to outperform passenger vehicle (PV) sales growth of 5%. The number of passenger cars in use is expected to reach about 912,000 units by 2020. It is supported by the improving and more stabilized economic environment.
The accessories and spare parts segment would be the focus of attention for car dealers as the market matures, with profitability centres shifting to parts, service & accessories.
Our team at Market research Qatar will provide automotive and mobility advisory services which cover various segments, including automotive digitization, development of electric and smart vehicles, commercial and passenger vehicles, aftermarket and servicing, lubricants, and many more. We are committed to support automotive players to enter and succeed in the Qatari automotive market.