UAE Certified Pre-Owned Car Market Size, Share, Report Analysis 2023-2028

UAE Certified Pre-Owned Car Market Overview 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “UAE certified pre-owned car Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the UAE certified pre-owned car market report, share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.The UAE certified pre-owned car market size reached US$ 5.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.2 Billion by 2028, exhibiting a growth rate (CAGR) of 8.6% during 2023-2028.A certified pre-owned (CPO) car is a utilized vehicle that has undergone a thorough inspection, refurbishment, and certification process by a manufacturer or a dealership. It is designed to ensure that the car meets certain quality standards and is in excellent condition before being sold to consumers. It offers additional benefits for the buyer, such as an extended warranty, roadside assistance, and sometimes even special financing options. It aims to give buyers confidence in the quality and reliability of the used vehicle they are purchasing.Request a Sample Report:- https://www.imarcgroup.com/uae-certified-pre-owned-car-market/requestsample

UAE Certified Pre-Owned Car Market Trends and Drivers:

The shifting consumer preferences towards owning multiple vehicles for improved mobility, convenience, and luxury represents one of the primary factors driving the demand for certified pre-owned cars in the UAE. Moreover, the rising adoption of certified pre-owned vehicles for shared services, such as ride-sharing, ride-hailing, and car rental, is favoring the growth of the market in the country. In addition, the growing environmental concerns among the masses and the increasing focus on sustainable development are catalyzing the adoption of certified pre-owned cars to minimize waste disposal and control carbon emissions in the country. Apart from this, the easy availability of a wide range of certified pre-owned cars is creating a positive outlook for the market in the country.

UAE Certified Pre-Owned Car Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are: AlbaCars, Al-Futtaim, Al Naboodah Group (Saeed & Mohammed Al Naboodah Holding LLC), AL Tayer Group, AW Rostamani Group, Car Switch Dubai, Dubicars International FZ-LLC, Dubizzle Middle East FZ-LLC and The Elite Car.The report segmented the market on the basis of region, car type, car age, fuel type, vendor type and distribution channel.Breakup by Car Type:· Hatchback· Sedan· Sports Utility Vehicle· OthersBreakup by Car Age:· 0-4 Years· 4-8 Years· More than 8 YearsBreakup by Fuel Type:· Diesel· Petrol· OthersBreakup by Vendor Type:· Organized· UnorganizedBreakup by Distribution Channel:· Online· OfflineBreakup by Emirates:· Abu Dhabi· Dubai· Sharjah· Ajman· OthersKey highlights of the report:· Market Performance (2017-2022)· Market Outlook (2023- 2028)· Porter’s Five Forces Analysis· Market Drivers and Success Factors· SWOT Analysis· Value Chain· Comprehensive Mapping of the Competitive LandscapeIf you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.About Us:IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.Contact Us:IMARC Services Private Limited.134 N 4th St. Brooklyn, NY 11249, USAEmail: Sales@imarcgroup.comTel No:(D) +91 120 433 0800Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800