How big is the Oman EV Market?

The Oman EV Market size is expected to reach USD 214.45 million in 2024 and grow at a CAGR of 30.33% to reach USD 805.32 million by 2029. Read More

What is the current Oman EV Market size?

In 2024, the Oman EV Market size is expected to reach USD 214.45 million. Read More

Who are the key players in Oman EV Market?

Porche, Audi, BMW, Volvo and MG are the major companies operating in the Oman EV Market. Read More

What years does this Oman EV Market cover, and what was the market size in 2023?

In 2023, the Oman EV Market size was estimated at USD 149.41 million. The report covers the Oman EV Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Oman EV Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Oman EV Market Size & Share Analysis - Industry Research Report

Oman EV Market Size & Share Analysis - Growth Trends & Forecasts (2024 -2029)

The Oman EV Market is Segmented by Vehicle Type (Two-Wheeler, Passenger Car, and Commercial Vehicle), by Propulsion Type (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), and Plug-In Hybrid Electric Vehicle (PHEV)), by Battery Type (LFP, Nmc, and Others), by Range (Upto 150 Km, 151-300 Km, and Above 300 Km), by Drive Type (All Wheel Drive, Front Wheel Drive, and Rear Wheel Drive), by Battery Capacity (Less Than 20 Kwh, 20-40 Kwh, 40-60 Kwh, 60-100 Kwh, and Above 100 Kwh), by End-User (Shared Mobility Provider, Government Organizations, and Personal Users). The Report Offers Market Size and Forecast in Value (USD) for all the Above Segments.

Oman EV Industry Overview

The Omani EV market is highly consolidated, with a few players holding more than 70% of the market share. The key market players are Porsche, Audi, Volvo, MG, and BMW. These players offer innovative and updated products to stay ahead of their competitors.

September 2023: The Oman Investment Authority invested in US-based electric vehicle battery start-up Our Next Energy (One) to ensure the growth of the country's electric car market.