UAE Automotive Aftermarket Market Size, Share, Trends, Demand, Growth and Competitive Analysis| MarkNtel

MarkNtel Advisors recently published a detailed industry analysis of the UAE Automotive Aftermarket Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

UAE Automotive Aftermarket Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The UAE Automotive Aftermarket Market size was valued at around USD 7 billion in 2024 and is projected to reach USD 8.4 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 3.5% during the forecast period, i.e., 2025-30.

What are the major Driver the UAE Automotive Aftermarket industry?

Rising Vehicle Ownership – The growth of the automotive aftermarket market is driven by increasing vehicle ownership in the UAE. In 2023, around 259,140 newly registered vehicles were there in the UAE. Vehicle ownership rates are the highest in the region, with Dubai and Abu Dhabi leading in registrations. Also, the high per capita income averaging over USD 45,000 supports this trend as residents invest more in vehicles, including luxury models. The luxury car market also sees tremendous growth, with sales exceeding 80,000 units in 2023. Increasing vehicle ownership, especially for luxury model types, generally raises demand for aftermarket services such as maintenance and parts. Luxury owners seek aftermarket services capable of improving performance and aesthetics. Stringent vehicle inspection laws complemented by harsh climates in the UAE necessitate frequent maintenance, which creates a high demand for aftermarket solutions. The growing vehicle base, including high-end cars, underpins robust aftermarket growth in the UAE.

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What segments define the UAE Automotive Aftermarket market from 2025 to 2030? How do these segments contribute to market dynamics and growth?

·       By Product Type

o   Replacement Parts- Market Size & Forecast 2020-2030, (USD Million)

§  Mechanical Parts- Market Size & Forecast 2020-2030, (USD Million)

§  Electrical Parts- Market Size & Forecast 2020-2030, (USD Million)

o   Accessories & Customization- Market Size & Forecast 2020-2030, (USD Million)

§  Interior Accessories- Market Size & Forecast 2020-2030, (USD Million)

§  Exterior Accessories- Market Size & Forecast 2020-2030, (USD Million)

§  Tech Accessories- Market Size & Forecast 2020-2030, (USD Million)

o   Tire & Wheels- Market Size & Forecast 2020-2030, (USD Million)

o   Maintenance and Service Equipment- Market Size & Forecast 2020-2030, (USD Million)

According to report, Out of them, the Tire & Wheel segment dominates the market. It holds around 40% market share.

·       By Distribution Channel

o   Distributers- Market Size & Forecast 2020-2030, (USD Million)

o   Wholesalers- Market Size & Forecast 2020-2030, (USD Million)

o   Retailers- Market Size & Forecast 2020-2030, (USD Million)

According to report, Retailers dominate the UAE Automotive Aftermarket Market.

·       By Service Channel

o   Do-It-Yourself- Market Size & Forecast 2020-2030, (USD Million)

o   Do-It-For-Me- Market Size & Forecast 2020-2030, (USD Million)

o   OE (Delegating to OEMs)- Market Size & Forecast 2020-2030, (USD Million)

·       By Certification Type

o   Genuine- Market Size & Forecast 2020-2030, (USD Million)

o   Certified Parts- Market Size & Forecast 2020-2030, (USD Million)

o   Uncertified Parts- Market Size & Forecast 2020-2030, (USD Million)

·       By Vehicle Type

o   Passenger Vehicles- Market Size & Forecast 2020-2030, (USD Million)

§  Hatchbacks- Market Size & Forecast 2020-2030, (USD Million)

§  Sedan- Market Size & Forecast 2020-2030, (USD Million)

§  SUVs- Market Size & Forecast 2020-2030, (USD Million)

§  Crossover- Market Size & Forecast 2020-2030, (USD Million)

o   Commercial Vehicles - Market Size & Forecast 2020-2030, (USD Million)

o   Electric Vehicles- Market Size & Forecast 2020-2030, (USD Million)

o   Luxury & Sports Vehicles- Market Size & Forecast 2020-2030, (USD Million)

Explore the Complete UAE Automotive Aftermarket Market Analysis Report – https://www.marknteladvisors.com/research-library/uae-automotive-aftermarket-market.html

Geographical Analysis: UAE Automotive Aftermarket Market

·       Dubai

·       Abu Dhabi

·       Sharjah

·       Northern Emirates

UAE Automotive Aftermarket Market Share & Competitive Landscape:

The UAE Automotive Aftermarket Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.

Leading Companies in the UAE Automotive Aftermarket Market are:

• Robert Bosch GmbH
• Bridgestone Corporation
• Denso Sales Middle East & North Africa FZE
• AISIN Middle East
• JTEKT Corporation
• Hitachi Automotive Systems
• Continental AG
• Yokohama Rubber Company
• The Goodyear Tire & Rubber Company
• ZF Friedrichshafen AG

UAE Automotive Aftermarket Industry Recent Development:

• December 2024: AISIN Middle East introduced a new tire brand AITERRA, at Automechanika Dubai 2024, demonstrating its commitment to providing innovative and high-quality solutions for the automotive aftermarket.
• November 2023: Goodyear Tire & Rubber Company accelerates expansion in the UAE with 6 new branded points-of-sale, making a total of 17 branded point-of-sale locations in the UAE.

Questions Addressed in this Study

1. What factors are driving the UAE Automotive Aftermarket Market growth?

2. How is the UAE Automotive Aftermarket Market expected to grow over the next five years?

3. What are the key insights into the current trends in the UAE Automotive Aftermarket Market?

4. What is the current size of the UAE Automotive Aftermarket Market, and how is it projected to change in the future?

6.What is the future outlook for the UAE Automotive Aftermarket Market in terms of technological advancements and market expansion?

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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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