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Automotive Market in Israel

The automotive industry in Israel is prominent despite not being a car manufacturer country. Using private cars is highly prevalent in the country, partly due to insufficient public transportation.

In 2021, the number of private vehicles in Israel amounted to over 3.31 million. The car market in Israel is primarily import-based, mainly from Japan and South Korea. In 2022, 37.5% of the imported cars were from these countries. The Japanese car brand Kia constituted the most common car that year among Israeli buyers, with a share of 16.5% of all new private vehicles.

Popular Car Brands
According to a report by Statista, in 2022, the most popular car brands among Israeli buyers were Hyundai (17%), Kia (14.4%), and Toyota (13%). In 2022, the share of electric vehicles in total sales exceeded 10% for the first time.

The top 10 most popular cars in Israel in 2022, according to autoboom.co.il, were:
1.   Kia Seltos
2.   Hyundai Elantra
3.   Toyota Corolla
4.   Kia Sportage
5.   Toyota RAV4
6.   Mazda CX-5
7.   Hyundai Tucson
8.   Toyota C-HR
9.   Mitsubishi Outlander
10.   Nissan Qashqai

Auto Shows in Israel
There are several automotive-related shows in Israel. One annual international car and motorcycle event called Automotor is held in Tel Aviv, Israel. The event showcases a wide range of cars, including electric cars, supercars, luxury cars, and unique motorcycles. It also features new technologies, car upgrades, and accessories.

The automotive industry in Israel is expected to grow at a notable CAGR. The automotive software and electronics sector is also expected to grow by 7% year over year in the coming years, becoming a $470 billion industry.

Don’t miss this opportunity to be a part of the evolution. Get in touch with our regional distributor today. Starting with a vinyl wrap film, you can be a part of the change.

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Israel, Nazareth
Street: paulus hashishi 60 6021
+972 54-248-0712

 

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