Dublin, June 27, 2022 (GLOBE NEWSWIRE) -- The "UAE Automotive Aftermarket, By Vehicle Type (Passenger Cars, Commercial Vehicles), By Component (Tires, Spark Plugs, Air Filter, Fuel Filter, Brake, Others), By Service Channel, By Region, Competition Forecast & Opportunities, 2017-2027" report has been added to ResearchAndMarkets.com's offering.
UAE automotive aftermarket is expected to grow at a significant rate during the forecast period. The market growth can be attributed to the rapidly expanding automobile industry and enhanced focus of the automobile drivers on boosting their vehicle performance and efficiency in terms of exhaust sound, speed, and appearance.
The advent of online portal distributing aftermarket components and companies shifting to the automobile brands on digital platforms for smoother experience for the customers are some of the factors driving the growth of the UAE automotive aftermarket in the forecast period. Growing influence of social media in customer research and purchase processes and enhanced awareness of customers about the information on the price of parts are expected to favor the market growth.
OEMs are also investing in customer experience optimization efforts and introducing differentiated aftermarket offerings to compete with independent aftermarket players. Rising consumer awareness regarding repair and proper maintenance of vehicles and growing need for crossover and long-distance vehicles are fueling the market growth.
In addition, upsurge in the requirement of periodic repairs and replacement of vehicle parts and greater demand for customization in cars are propelling the growth of the UAE automotive aftermarket during the forecast period.
Moreover, stringent road safety regulations and the use of advanced software and technologies by the companies to handle complex technical problems are anticipated to create lucrative growth opportunities for the UAE automotive aftermarket.
Companies Mentioned
- 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
Objective of the Study:
- To analyze the historical growth in the market size of UAE automotive aftermarket fron 2017-2021.
- To estimate and forecast the market size of UAE automotive aftermarket from 2022E to 2027F.
- To classify and forecast UAE automotive aftermarket based on vehicle type, component, service channel, company, and regional distribution.
- To identify dominant region or segment in the UAE automotive aftermarket.
- To identify drivers and challenges for UAE automotive aftermarket.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in UAE automotive aftermarket.
- To identify and analyze the profile of leading players operating in UAE automotive aftermarket.
- To identify key sustainable strategies adopted by market players in the UAE automotive aftermarket.
Report Scope:
In this report, UAE automotive aftermarket has been segmented into following categories, in addition to the industry trends which have also been detailed below:
UAE Automotive Aftermarket, By Vehicle Type:
- Passenger Cars
- Commercial Vehicles
UAE Automotive Aftermarket, By Component:
- Tires
- Spark Plugs
- Air Filter
- Fuel Filter
- Brake Pad
- Brake Shoe
- Brake Calliper
- Batteries
- Others
UAE Automotive Aftermarket, By Service Channel:
- DIFM (Do it for Me)
- DIY (Do it Yourself)
- OE (Delegating to OEM's)
UAE Automotive Aftermarket, By Region:
- Dubai
- Abu Dhabi
- Sharjah
- Rest of UAE
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on UAE Automotive Aftermarket
5. Voice of Customer
5.1. Factors Influencing Purchase Decision
5.2. Aided Brand Recall and Unaided Brand Recall
5.3. Brand Satisfaction Level
6. UAE Automotive Aftermarket Outlook
6.1. Market Size & Forecast
7. UAE Passenger Car Aftermarket Outlook
7.1. Market Size & Forecast
7.1.1. By Value and Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Type (Hatchback, Sedan, SUV/MPV)
7.2.2. By Component
7.2.3. By Service Channel
8. UAE Commercial Vehicle Aftermarket Outlook
8.1. Market Size & Forecast
8.1.1. By Value and Volume
8.2. Market Share & Forecast
8.2.1. By Vehicle Type (Bus, Truck)
8.2.2. By Component
8.2.3. By Service Channel
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends and Developments
11. Policy and Regulatory Landscape
12. UAE Economic Profile
For more information about this report visit https://www.researchandmarkets.com/r/5h9yge
