Title: Oman Automotive Market 2023 | Brochure | TechSci Research
12013 2023
Oman Automotive Market
By Vehicle Type (Passenger Car and Commercial
Vehicle, Competition, Forecast Opportunities)
Published January 2019
Market Intelligence . Consulting
2Table of Contents
S. No. Contents Contents Contents
1. Product Overview Product Overview Product Overview
2. Research Methodology Research Methodology Research Methodology
3. Analyst View Analyst View Analyst View
4. Oman Passenger Car Market Outlook Oman Passenger Car Market Outlook Oman Passenger Car Market Outlook
4.1. Market Size Forecast Market Size Forecast
4.1.1. By Value Volume
4.2. Market Share Forecast Market Share Forecast
4.2.1. By Vehicle Type (Hatchback, Sedan, SUV/Pickup and MUV)
4.2.2. By Fuel Type (Gasoline and Diesel)
4.2.3. By Region
4.2.4. By Company
4.3. Market Attractiveness Index By Vehicle Type Market Attractiveness Index By Vehicle Type
5. Oman Commercial Vehicle Market Outlook Oman Commercial Vehicle Market Outlook Oman Commercial Vehicle Market Outlook
5.1. Market Size Forecast Market Size Forecast
5.1.1. By Value Volume
5.2. Market Share Forecast Market Share Forecast
5.2.1. By Type (Light Commercial Vehicle, Medium Commercial Vehicle, Heavy Commercial Vehicle Bus)
5.2.2. By Fuel Type (Gasoline and Diesel)
3Table of Contents
S. No. Contents Contents Contents
5.2.3. By Region
5.3. Market Attractiveness Index By Vehicle Type Market Attractiveness Index By Vehicle Type
6. Oman Light Commercial Vehicle Market Outlook Oman Light Commercial Vehicle Market Outlook Oman Light Commercial Vehicle Market Outlook
6.1. Market Size Forecast Market Size Forecast
6.1.1. By Value Volume
6.2. Market Share Forecast Market Share Forecast
6.2.1. By Vehicle Type (Van Light Duty Truck)
6.2.2. By Application (MSMEs, Logistics, Construction and Others)
6.2.3 By Fuel Type
6.2.4. By Company
6.2.5. By Region
6.3. Market Attractiveness Index By Vehicle Type Market Attractiveness Index By Vehicle Type
7. Oman Heavy Commercial Vehicle Market Outlook Oman Heavy Commercial Vehicle Market Outlook Oman Heavy Commercial Vehicle Market Outlook
7.1. Market Size Forecast Market Size Forecast
7.1.1. By Value Volume
7.2. Market Share Forecast Market Share Forecast
7.2.1. By Tonnage (20-30 Ton, 30-40 Ton and gt 40 Ton)
7.2.2. By Application (Construction, Logistics, Refrigerated and Others)
4Table of Contents
S. No. Contents Contents Contents
7.2.3. By Fuel Type
7.2.4. By Company
7.2.5. By Region
7.3. Market Attractiveness Index By Tonnage Market Attractiveness Index By Tonnage
8. Oman Bus Market Outlook Oman Bus Market Outlook Oman Bus Market Outlook
8.1. Market Size Forecast Market Size Forecast
4.1.1. By Value Volume
8.2. Market Share Forecast Market Share Forecast
8.2.1. By Vehicle Type (Light Bus, Medium Bus and Heavy Bus)
8.2.2. By Application (Staff Transportation, School University and Transport Tourism)
8.2.3. By Fuel Type
8.2.4. By Company
8.2.5. By Region
8.3. Market Attractiveness Index By Vehicle Type Market Attractiveness Index By Vehicle Type
9. Oman Medium Commercial Vehicle Market Outlook Oman Medium Commercial Vehicle Market Outlook Oman Medium Commercial Vehicle Market Outlook
9.1. Market Size Forecast Market Size Forecast
9.1.1. By Value Volume
9.2. Market Share Forecast Market Share Forecast
5Table of Contents
S. No. Contents Contents Contents
9.2.1. By Tonnage (10-16 Ton and 16-20 Ton)
9.2.2. By Fuel Type
9.2.3. By Application
9.2.4. By Company
9.2.5. By Region
9.3. Market Attractiveness Index By Tonnage Market Attractiveness Index By Tonnage
10. Vehicle Fleet Analysis Vehicle Fleet Analysis Vehicle Fleet Analysis
11. Import Analysis Import Analysis Import Analysis
12. Major Fleet Operators in Oman Major Fleet Operators in Oman Major Fleet Operators in Oman
13. Major Projects in Oman Major Projects in Oman Major Projects in Oman
14. Fueling Station Analysis in Oman Fueling Station Analysis in Oman Fueling Station Analysis in Oman
15. Market Dynamics Market Dynamics Market Dynamics
15.1. Drivers Drivers
15.2. Challenges Challenges
16. Market Trends Developments Market Trends Developments Market Trends Developments
17. Supply Chain Analysis Supply Chain Analysis Supply Chain Analysis
18. Policy Regulatory Landscape Policy Regulatory Landscape Policy Regulatory Landscape
19. Oman Economic Profile Oman Economic Profile Oman Economic Profile
6Table of Contents
S. No. Contents Contents
20. Competitive Landscape Competitive Landscape Competitive Landscape
20.1. Toyota Motor Corporation
20.2. Nissan Automobiles
20.3. Isuzu Motors Middle East FZE
20.4. Mitsubishi Motor Corporation
20.5. Hyundai Automotive
20.6. Hino Trucks
20.7. MAN Truck Bus
20.8. Tata Motors
20.9. Volvo
20.10. Honda Middle East
21. Strategic Recommendations Strategic Recommendations
22. Dealer Details Dealer Details
23. About Us Disclaimer About Us Disclaimer
7Product Overview
Product Definition
Passenger car is a motor vehicle with at least
four wheels, used for the transport of
passengers, and comprising no more than eight
seats in addition to the driver's seat.
Commercial vehicle is any type of motor vehicle
used for transporting goods or passengers. US
Department of Transportation defines commercial
vehicle as Any self-propelled or towed vehicle
used on public highways in interstate commerce to
transport passengers or property.
Classification According to Vehicle Type
Vehicle Segment Sub-Segment Key Customer Segment
Passenger Car Hatchback, Sedan, SUV/Pickup, MUV Individual
Medium Commercial Vehicle (MCV) MCV Truck GVW 10-16 Ton Construction Logistics Mining
Medium Commercial Vehicle (MCV) MCV Truck GVW 16-20 Ton Construction Logistics Mining
Heavy Commercial Vehicle (HCV) HCV Truck GVW 20-30 Ton Construction Logistics Oil Field
Heavy Commercial Vehicle (HCV) HCV Truck GVW 30-40 Ton Construction Logistics Oil Field
Heavy Commercial Vehicle (HCV) HCV Truck GVW gt 40 Ton Construction Logistics Oil Field
Bus Medium Bus Staff Transportation School University Transportation Tourism
Bus Light Bus Staff Transportation School University Transportation Tourism
Bus Heavy Bus Staff Transportation School University Transportation Tourism
8Research Methodology
- Identifying Key Opinion Leaders
- Questionnaire Design
- In-depth Interviews
- Recent Developments
- Market Changing Aspects/Dynamics
- Government Policies
- Final Conclusion
- Market Participants
- Key Strengths
- OEM Tie-ups
9Research Methodology
Baseline Methodology For the study, TechSci
Research has gathered information through primary
research surveys with leading automotive
companies operating in Oman. We have also put
through an exhaustive search of credible paid
databases such as Business Week, Factiva and
Hoovers, including our internal database. Our
team of analysts has then prudently evaluated all
the collected information and presented the same
in chronological order to depict a meaningful and
clear picture of Oman automotive market. While
compiling the data, we have also cross-checked
all the collected information from multiple
sources and data warehouses, so as to present the
most accurate and precise information of the
concerned industry. Sampling Technique While
conducting the study, TechSci Research followed
the stratified random sampling technique to
shortlist the Key Opinion Leaders (KOLs) in
various automakers operating in Oman. KOLs based
out of prominent vehicle manufacturers were
interviewed to identify the size of Oman
automotive market. Sample Size
KOLs No. of Respondents
Mid to Senior Management, Sales Managers, etc., of Automotive OEMs 70
Industry Experts 5
Total 75
10Research Methodology
- Market Size Calculation Technique
- Primary Research
- For the preparation of Oman automotive market
report, bottom-up model has been used, which has
been later cross validated by using top-down
approach. TechSci Research interviewed Senior
Managers and Regional Sales Managers of the
prominent automotive companies using Delphi
technique for calculating the size of Oman
automotive market. Respondents were also asked
about the current and future growth rates. All
the information gathered was carefully analyzed.
Data points, which exhibited high deviations from
the majority estimates, were eliminated as
outliers and the remaining refined data points
were put together to arrive at the volume data.
Primary Research Few of the Companies
Interviewed
S. No. Names of Some of the Companies Interviewed
1. Toyota
2. Hyundai
3 Nissan
4. Mitsubishi
5. Isuzu
S. No. Names of Some of the Companies Interviewed
6. Hino Trucks
7 MAN Truck Bus
8. Tata Motors
9. Volvo
10. Honda Middle East
11Research Methodology
Secondary Research We have also put through an
exhaustive search of credible paid databases such
as Factiva and Hoovers, in addition to our
internal database. Further analyzes of credible
publications, white papers, companys annual
reports, investor presentations, news articles,
etc., were also analyzed to cross validate the
end findings derived from primary
research.
S. No. Few of the Secondary Sources
1. Organisation Internationale des Constructeurs dAutomobiles (OICA)
2. UN Comtrade
3. National Centre for Statistics and Information, Oman
4. World Bank
5. International Monetary Fund (IMF)
6. Directorate General of Customs Oman
- Forecasting Technique
- The team has developed forecast on the basis of
econometric and judgemental analysis in addition
to statistical techniques such as averaging and
geometric mean. During primary research
interviews, questions regarding historical sales
trend of automotive market were put forward.
Respondents were asked about the current and
future growth rates, and market share by vehicle
type, fuel type, etc. In order to forecast Oman
automotive market, following forecast techniques
were used - Time Series Analysis
- Econometric and Judgmental Analysis
- Moving Average
12Industry Brief
According to TechSci Research report, Oman
Automotive Market By Vehicle Type, By Fuel Type,
By Tonnage, By Application, Competition, Forecast
Opportunities, 2013-2023, passenger car and
commercial vehicle markets in Oman are forecast
to reach 4.2 billion and 370 million by 2023,
respectively. Growing government focus on
stabilizing the economy, increasing number of
construction and infrastructure development
projects, and several sales promotional offers
by automotive dealers are expected to boost
automobile sales in the country over the course
of next five years. Moreover, increasing number
of registered enterprises and growing presence of
Indian automobile manufacturers would have a
positive impact on the countrys automotive
market during forecast period. SUV/pickup segment
dominated the passenger car market in Oman in
2017, on account of growing consumer spending and
stabilizing crude oil prices. In the reported
year, light commercial vehicle (LCV) emerged as
the leading vehicle type in the countrys
commercial vehicle market, backed by increasing
demand for LCVs from logistics and construction
sectors as well as MSMEs. Muscat is the largest
demand generating region for passenger cars and
commercial vehicles in the country, owing to the
presence of maximum point of sales and
distribution network in the region. Growing
presence of various automotive companies such as
Toyota Motor Corporation, Nissan Automobiles,
Isuzu Motors Middle East FZE, Mitsubishi Motor
Corporation, Hyundai Automotive and Hino Trucks
is anticipated to aid Oman automotive market over
the course of next five years. Oman is the
third largest automotive market in the Middle
East region. Owing to the availability of
financing options, rapid growth in road
infrastructure, a wide range of product
offerings, and growing number of international
brands entering the market, Oman automotive
market is expected to grow during the forecast
period. The country has been witnessing
significant growth in its vehicle fleet over the
last few years. Moreover, major automakers are
planning to set up manufacturing and assembly
units in Oman, which would meet the growing
demand for automobiles in the coming years.,
said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global
management consulting firm.
13Sample Data - Snapshots
Oman Passenger Car Market Size, By Value (USD
Billion), By Volume (Units), 2013-2023F
Oman Heavy Commercial Vehicle Market Size, By
Value (USD Billion), By Volume (Units), 2013-2023F
14Report Ordering
Report NameOman Automotive Market By
Vehicle Type (Passenger Car and Commercial
Vehicle, Competition, Forecast Opportunities),
2013-2023
License Type Price
Single User License 3450
Multi-User License 8450
Custom Research License 4450
To View Sample OR Purchase Report
15About Us Disclaimer
- About Us
- TechSci Research is a global market research and
consulting company with offices in the US, UK and
Oman. TechSci Research provides market research
reports in a number of areas to organizations.
The company uses innovative business models that
focus on improving productivity, while ensuring
creation of high-quality reports. The proprietary
forecasting models use various analyses of both
industry-specific and macroeconomic variables on
a state-by-state basis to produce a unique
bottom-up model of a country, regional and
global industry prospects. Combined with the
detailed analysis of company activity and
industry trends, the result is a uniquely rich
evaluation of the opportunities available in the
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- Disclaimer
- The contents of this report are based on
information generally available to the public
from sources believed to be reliable. No
representation is made that it is timely,
accurate or complete. TechSci Research has taken
due care and caution in compilation of data as
this has been obtained from various sources
including which it considers reliable and first
hand. However, TechSci Research does not
guarantee the accuracy, adequacy or completeness
of any information and it is not responsible for
any errors or omissions or for the results
obtained from the use of such information and
especially states that it has no financial
liability whatsoever to the subscribers / users
of this report. The information herein, together
with all estimates and forecasts, can change
without notice. All the figures provided in this
document are indicative of relative market size
and are strictly for clients internal
consumption. Usage of the same for purpose other
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