Israel Automotive Industry Witnessed 11.1% Increase in Automotive Sales in 2016
As per Goldstein Research analysis, Israel automotive industry was valued at 292,700 unit sales in 2016, reported an increase of 11.1% since 2015. The market is expected to grow at a CAGR of 7.0% during the forecast period. The factors such as stagnant oil prices, strong & stable economy of Israel and positive loan rates are driving the growth of Israel Automotive Industry. The developed technological infrastructure accounts for the growth of electric and hybrid vehicles.
On the other hand, there is a huge demand for autonomous cars and thus growing investments in its manufacturing. Israel Automotive Industry is largely driven by the trend of ride-sharing, on-demand transportation, and autonomous cars. Israel players are attracted towards Israel for investments on the back of favourable business environment.
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On the basis of our in-depth analysis, Israel Automotive Industry can be segmented as follows:
Based on Types of Vehicles
- Passenger Vehicles
- Autonomous Cars
- Utility and Light Commercial Vehicles
- Medium and Heavy Commercial Vehicles
Based on Fuel Type
- Electric Vehicle
- Hybrid Vehicle
“Israel Automotive Industry Outlook 2024” contains a detailed overview of the Israel Automotive Industry. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by types of vehicle, fuel type, and geography.
The Israel Automotive Market Report highlights the competitive outlook of major Israel players that includes business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of automotive market report will help the clients to assess their business strategies as per the competitive environment in the market space.
Major players of the Israel Automotive Industry discussed in the report are General Motors, Arbe Robotics, Ford Motor Company, Toyota, Hyundai, Volkswagen, Daimler, Bosch, Autoliv, Brose Fahrzeugteile GmbH & Co. KG, GETRAG, TRW Automotive, Mitsbushi, Groupe PSA, Valeo, Autotalks, Argus Cybersecurity, Cognata, Corsica, Renault-Nissan, Automotive Industries, Ltd., Softwheel, Aquarius, Autocars Co. Ltd., Haargaz Group, Merkavim Transportation Technologies Ltd, Plasan, mQoros Auto Co., Ltd., etc.
Further, The Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Israel Automotive Industry outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. The market research report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
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