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Growth Opportunities in the GCC Automotive Aftermarket
Growth Opportunities in the GCC Automotive Aftermarket
Growth of Online Retailers and Service Aggregators and the Rise in Sales of New and Used Cars will Ensure Greater ROI & Margin
22-Jan-2024
South Asia, Middle East & North Africa
Description
This research examines the quantitative and qualitative aspects of the light vehicle aftermarket industry in the Gulf Cooperation Council (GCC) by assessing industry performance and identifying the many trends that have an impact on the demand for aftermarket parts, repair, and maintenance. The research delves into a comprehensive examination of the light vehicle aftermarket across all six Arab countries: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE).
The GCC has seen the growth of independent aftermarket players that offer cost-effective alternatives to authorized service centers. In addition, the penetration of mobile on-demand services in the UAE and Saudi Arabia will increase as companies offer all the services related to tires, batteries, brakes, and AC on demand.
The growth of the eCommerce sector has had a significant impact on online parts and components distribution in the GCC. Digital platforms connect auto parts and components suppliers with car owners, fleet operators, and garages and are busy catering to the high aftermarket demand in GCC. However, the lack of a robust local manufacturing base is a major industry challenge; the GCC region relies heavily on imported vehicle components and parts, which hikes up the cost.
The study includes in-depth analysis of various trends, VIO, and aftermarket revenue in each GCC country. It also analyzes the factors driving and restraining growth and identifies the opportunities emerging from this space. The base year is 2022, and the forecast period is from 2023 to 2028.
Table of Contents
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Automotive Aftermarket Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope of Analysis
Segmentation
Key Competitors
Forecasting Methodology
Key Questions This Study Will Answer
Regional Segmentation
Product Segmentation
After-sales Service Channels*
Aftermarket Snapshot
Growth Metrics
Distribution Channel Structure
Growth Drivers
Growth Drivers (continued)
Growth Restraints
Forecast Assumptions
Revenue and ViO Forecast
VIO Forecast by Country
Revenue Forecast by Country
Revenue by Parts Type
Revenue Forecast Analysis
Pricing Trends and Forecast Analysis
Competitive Environment
Regulations Impacting GCC Automotive Aftermarket
Growth Metrics
Saudi Arabia Aftermarket
VIO Forecast
Revenue Forecast
Revenue by Parts Type
Growth Opportunities in Saudi Arabia
Growth Metrics
UAE Aftermarket
VIO Forecast
Revenue Forecast
Revenue by Parts Type
Growth Opportunities in UAE
Growth Metrics
Oman Aftermarket
VIO Forecast
Revenue Forecast
Growth Opportunities in Oman
Growth Metrics
Qatar Aftermarket
VIO Forecast
Revenue Forecast
Growth Opportunities in Qatar
Growth Metrics
Kuwait Aftermarket
VIO Forecast
Revenue Forecast
Growth Opportunities in Kuwait
Growth Metrics
Bahrain Aftermarket
VIO Forecast
Revenue Forecast
Growth Opportunities in Bahrain
Digitization Trends in GCC Automotive Aftermarket
Major Automotive Apps/Websites in GCC
Online Parts Retailers
Online Parts Retailers (continued)
Online Parts Retailers (continued)
Service Aggregators
Service Aggregators (continued)
Service Aggregators (continued)
Mobile Service Providers
Mobile Service Providers (continued)
Mobile Service Providers (continued)
Growth Opportunity 1: EV Penetration
Growth Opportunity 1: EV Penetration (continued)
Growth Opportunity 2: Online Platforms
Growth Opportunity 2: Online Platforms (continued)
Growth Opportunity 3: Mobile Service Stores
Growth Opportunity 3: Mobile Service Stores (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
Popular Topics
| Author | Shantanu Khambekar |
|---|---|
| Industries | Automotive |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | GCC Automotive Industry Insights |
| Keyword 2 | Automotive Parts Trends |
| Keyword 3 | GCC Automotive Aftermarket Analysis |
| Podcast | No |
| WIP Number | PEBD-01-00-00-00 |