United Arab Emirates Luxury EV Market Size & Outlook, 2025-2033

United Arab Emirates Luxury EV Market Insights

According to Deep Market Insights analysis, the United Arab Emirates Luxury EV Market size was USD 14.13 Billion in 2024 and is projected to reach USD 52.21 Billion by 2033.
The United Arab Emirates market is projected to grow at a CAGR of 15.67% between 2025 and 2033.
By segment, Luxury Sedan emerged as the largest Vehicle Class in terms of market size in 2024.
Luxury SUV is anticipated to remain the most attractive Vehicle Class segment, recording the fastest growth during the forecast period.

As of 2024, United Arab Emirates held 5.6% of the global Luxury EV Market size.
By 2033, United States is anticipated to capture the largest share of the global Luxury EV Market.
In Middle East and Africa, United Arab Emirates is expected to lead the regional Luxury EV Market size by 2033.
Saudi Arabia will remain the fastest-growing market in Middle East and Africa, reaching USD 16.81 Billion by 2033.

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 14.13 Billion
Market Size In 2033	USD 52.21 Billion
Largest segment	Luxury Sedan
Units	Revenue in USD Billion
CAGR	15.67% (2025-2033)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends