Iran Automobile Industry Analysis Market Share

Market Share of Iran Automobile Industry Analysis

Iran's automobile industry is a moderately consolidated market. Many prominent local players in the country, such as IKCO, SAIPA, Pars Khodro, Kerman, and Bahman, manufacture various models (such as Samand, Tiba, and Dena). IKCO and SAIPA are the most prominent automotive manufacturers. Many players plan to ramp up production output in the coming years.

• In October 2022, the Iran Trade Promotion Organization (TPOI) announced the opening of an auto production line in Armenia to export manufactured cars to the Eurasian Economic Union (EAEU) states.

Iran Automobile Market Leaders

1. Stellantis N.V.

2. Iran Khodro

3. SAIPA

4. Volkswagen AG

5. Bahman Group

*Disclaimer: Major Players sorted in no particular order