The four-wheel aftermarket service market refers to the segment of the automotive industry in the United Arab Emirates (UAE) that provides maintenance and repair services for automobiles and other four-wheeled vehicles. Accessories, maintenance, and repair services are just a few of the products and services offered in the aftermarket service industry by independent service providers. The UAE's growing automobile demand has increased the number of vehicles on the road and the demand for maintenance and repair services. This has spurred growth in the four-wheeler aftermarket service market. Due to the high cost of new cars and the availability of competitively priced aftermarket parts and services, there is also a growing demand for aftermarket services.
There are many various types of service providers available on the market, including independent garages, authorized dealerships, and specialised aftermarket service providers. Among the services offered by these service providers are routine maintenance, oil changes, tyre replacements, brake repairs, and engine repairs. Another facet of the aftermarket service industry is the sale of third-party, non-original equipment manufacturer parts and accessories, including as performance parts, audio systems, and custom bodywork (OEM). Overall, it is anticipated that the demand for automobiles and the need for accessible maintenance and repair services would drive the UAE four-wheel aftermarket service market to keep growing over the coming years. The growth of the aftermarket services industry in the UAE is also predicted to be aided by the popularity of online marketplaces for the purchase of car components and accessories.
The COVID-19 outbreak has had a substantial impact on the aftermarket service business for four-wheelers in the UAE. Since fewer cars are being sold and used, there is less of a need for aftermarket services. The aftermarket service sector has also been impacted by a decrease in the number of vehicles on the road due to business closures and travel restrictions during the pandemic. The pandemic's impact on suppliers and manufacturers has resulted in widespread business interruptions, which has had an effect on the supply chain for aftermarket parts and accessories. Due to a shortage of raw materials and logistical issues that have prolonged production and delivery, aftermarket parts and accessories are becoming less widely available on the market.
The uncertainty of the pandemic has made people more conscious of the importance of maintaining their cars, which has created new opportunities for the aftermarket service industry. The transition to online shopping and e-commerce platforms has also allowed aftermarket service providers to reach a broader audience and offer their products and services online. Yet when the financial situation improves and consumer demand for vehicles and aftermarket services recovers, it is projected that the UAE four-wheeler aftermarket service industry will eventually recover. Nonetheless, there is a chance that the market will still have problems due to supply chain disruptions and changes in consumer behaviour.
UAE Four-Wheeler Aftermarket Service Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; 800carguru, AG auto / AG cars, Auto fix, BMW, Carcility, Fiat, Ford, General Motors, Hyundai, Mitsubishi, Mysyara, Nissan & Renault, Royal Swiss auto service, Service my car, Toyota, Vehpal.
UAE Four-Wheeler Aftermarket Service Market Segmentation:
By Type of Workshop: Based on the Type of Workshop, UAE Four-Wheeler Aftermarket Service Market is segmented as; Large Multi Brand, OEM/Authorized, Small/Unorganized.
By Type of Vehicle Serviced: Based on the Type of Vehicle Serviced, UAE Four-Wheeler Aftermarket Service Market is segmented as; Crossover, Hatchback, MPVs, Sedan, SUV.
By Age of Car: Based on the Age of Car, UAE Four-Wheeler Aftermarket Service Market is segmented as; 0-2 Years, 2-4 Years, 4-6 Years, 6-8 Years, 8-13 Years, Above 13 Years.
By Booking Mode: Based on the Booking Mode, UAE Four-Wheeler Aftermarket Service Market is segmented as; Offline, Online.
By Car Brand: Based on the Car Brand, UAE Four-Wheeler Aftermarket Service Market is segmented as; BMW, Ford, General Motors, Hyundai, Mitsubishi, Nissan & Renault, Toyota.
By Service Split: Based on the Service Split, UAE Four-Wheeler Aftermarket Service Market is segmented as; Body Care, Crash Repair, Non-Crash Repair.
By Region: This report also provides the data for key regional segments of Abu Dhabi, Dubai, Sharjah, Others.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.