According to Goldstein Research, Israel automotive market accounted for 292,700 unit sales in 2016, an increase of 111.1% since 2015.It is expected to grow at a CAGR of 7.0%. Strong economy of Israel, stagnant oil prices and favorable loan rates are driving the growth of Israel automotive market. Israel Automotive Market Research has been done on the basis of vehicle type and fuel type. The developed technological infrastructure accounts for the growth of electric and hybrid vehicles. On the other hand there is huge demand for autonomous cars and thus growing investments in its manufacturing. Israel Automotive market is largely driven by the trend of ride-sharing, on-demand transportation and autonomous cars. Global players are attracted towards Israel for investments on the back of favorable business environment.
Market Segmentation
On the basis of our in-depth analysis, Israel Automotive Market can be segmented as follows:
• Based on Types of Vehicles
o Passenger Vehicles
o Autonomous Cars
o Utility and Light Commercial Vehicles
o Medium and Heavy Commercial Vehicles

• Based on Fuel Type
o Electric Vehicle
o Hybrid Vehicle

“Israel Automotive Industry Analysis” contains detailed overview of the Israel Automotive market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by types of vehicle and fuel type.
Further, for the in-depth analysis, Israel Automotive Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such asGeneral 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, Cortica, Renault-Nissan, Automotive Industries, Ltd., Softwheel, Aquarius, Autocars Co. Ltd., Haargaz Group, Merkavim Transportation Technologies Ltd, Plasan, mQoros Auto Co., Ltd.,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the Israel Automotive market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of Israel and regional variations along with competitors’ overview. Our analysts working on automotive reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
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