Middle East and Africa Hybrid Vehicle Market Report and Forecast 2024-2032

Middle East and Africa Hybrid Vehicle Market Size

The Middle East and Africa Hybrid Vehicle market is projected to grow at a CAGR of 17.7% between 2024 and 2032.

Middle East and Africa Hybrid Vehicle Market Outlook

• In 2022, the World Bank recorded a per capita income of $8973.9 for the Middle East and North Africa region.

• The ITA forecasts that by 2025, 62,000 electric vehicles will be sold in the GCC region and 91,000 in the MENA region.

• Growing focus on charging infrastructure is expected to drive the Middle East and Africa hybrid vehicle market.

Middle East and Africa Hybrid Vehicle Market Growth

In the parallel hybrid powertrain configuration, both the internal combustion engine (ICE) and the electric motor can simultaneously provide power to the vehicle’s wheels. This setup gives users the flexibility to switch between electric and conventional driving modes, optimising fuel efficiency and reducing emissions. The parallel design is popular due to its ability to enhance performance without compromising driving range, making it a preferred choice for many passenger and commercial hybrid vehicles.

In May 2024, Automobili Lamborghini launched its first plug-in hybrid super SUV, the Urus SE, in the United Arab Emirates through an exclusive event at One&Only One Za'abeel in Dubai. The Urus SE featured an 800 CV hybrid powertrain engine, optimised aerodynamics, and advanced technology, offering improved performance and an 80% reduction in overall emissions. This marked a significant step in Lamborghini's electrification and decarbonisation strategy.

The Series-Parallel Hybrid powertrain offers greater flexibility by combining elements of both series and parallel systems. In this configuration, the vehicle can operate in electric-only mode, ICE-only mode, or a combination of both. This dual capability provides better fuel efficiency and reduced emissions across various driving conditions. The series-parallel hybrid is particularly advantageous in urban environments where there are frequent stoppages, maximising the benefits of electric power and regenerative braking. As technology advances, the series-parallel configuration is expected to play a significant role in the growth of the hybrid vehicle market.

Middle East and Africa Hybrid Vehicle Industry Segmentation

Middle East and Africa Hybrid Vehicle Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Electric Powertrain Type

• Parallel

• Series-Parallel

Market Breakup by Hybrid Type

• Micro Hybrid

• Mild Hybrid

• Full Hybrid

• Plug-in Hybrid

Market Breakup by Vehicle Type

• Passenger Cars

• Commercial Vehicles

Market Segmentation by Country

• Saudi Arabia

• United Arab Emirates

• Nigeria

• South Africa

• Others

Middle East and Africa Hybrid Vehicle Market Share

The hybrid vehicle market is divided into two main segments, i.e., passenger cars and commercial vehicles. As consumer demand for environmentally friendly transportation increases and stricter regulatory pressures for lower emissions intensify, this market is expected to continue its growth during the forecast period. Advances in technology, such as improved battery performance and increased fuel efficiency, will further drive the adoption of hybrid vehicles across both segments.

Leading Companies in the Middle East and Africa Hybrid Vehicle Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and the latest developments like mergers and acquisitions, investments, and capacity expansion.

• BMW AG

• Ford Motors Company

• Mercedes Benz Group AG

• Hyundai Motor Company

• Toyota Motor Corporation

• Volvo AB

• Honda Motor Co. Ltd.

• Subaru Corporation

• Volkswagen AG

• Stellantis NV (Peugeot)

• Others

Major players in the Hybrid Vehicle market focus on innovation and fuel efficiency. They aim to reduce emissions and expand model offerings. Additionally, they prioritize enhancing battery technology and improving overall vehicle performance.

Key Highlights of the Report