DUBAI: Arthur D. Little (ADL) has released the fourth edition of its influential Future of Automotive Mobility (FOAM) report, presenting a detailed analysis of current and future trends in the automotive industry.
This year’s study, with insights from over 16,000 respondents across 25 countries, includes a comprehensive focus on the United Arab Emirates (UAE). The report examines car ownership, electric vehicles, autonomous driving, and new mobility services within the UAE.
“The UAE is at the forefront of automotive innovation and consumer readiness for new mobility solutions,” said Alan Martinovich, Partner and Head of Automotive Practice in the Middle East and India at Arthur D. Little. “Our findings highlight the UAE’s significant interest in transitioning to electric vehicles, favorable attitudes towards autonomous driving technologies, and a strong inclination towards digital transactions in car purchases. These insights are critical for automotive manufacturers and policymakers navigating the evolving landscape of the UAE automotive market.”
Key Findings for the UAE:
“Our study confirms the promising market opportunities for car manufacturers (OEMs) and distributors in the UAE,” commented Philipp Seidel, Principal at Arthur D. Little and co-author of the Global Study. “Consumers in the Emirates show a great and increasing appetite for cars while being among the most demanding globally when it comes to latest vehicle technologies and a seamless purchase and service experience.”
The comprehensive report, ‘The Future of Automotive Mobility 2024’, by Richard Parkin and Philipp Seidel, delves into global automotive trends and their impact on various regions, including the UAE. This study is an invaluable tool for industry stakeholders seeking to navigate and leverage the dynamic changes driving the future of mobility.
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