KSA Automotive Aftermarket Industry Overview
According to SPER Market Research, the KSA Automotive Aftermarket Industry is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
The automotive aftermarket is the market for automotive parts, accessories, and services sold to consumers after the manufacturer's initial sale of a vehicle. This category contains a wide range of products and services meant to improve, repair, or customize vehicles. KSA Automotive Aftermarket refers to the Kingdom of Saudi Arabia's market for automotive parts, accessories, and services. This encompasses a wide range of products and services supplied to clients for car maintenance, repair, and modification. Automotive Aftermarket offers a broad range of products and services, including replacement parts, performance parts, accessories, tyres, lubricants, and batteries, as well as maintenance, repair, and customization. These goods and services are available through a variety of outlets, such as car parts stores, online sellers, and service facilities.
The KSA Automotive Aftermarket is a significant industry in Saudi Arabia, creating employment and adding to the country's economy. The sector is likely to expand further in the next years, owing to reasons such as rising vehicle sales, the need for routine maintenance and repair, and rising demand for customization and performance enhancements.
Impact of COVID-19 on the KSA Automotive Aftermarket Industry
The COVID-19 epidemic has had a huge influence on the KSA Automotive Aftermarket, as well as many other businesses worldwide. The epidemic has had the following effects on the KSA Automotive Aftermarket:
Supply chain disruption: The pandemic has disrupted the worldwide supply chain, reducing the availability of parts and components required for maintenance and repairs. Several customers have experienced service and repair delays as a result of this.
Decreased demand: The epidemic has also reduced demand for automotive aftermarket items and services, as people are driving less as a result of lockdowns and movement restrictions. As a result, income for enterprises in the industry has decreased.
Business closures: Because to the economic impact of the pandemic, many businesses in the KSA Automotive Aftermarket have been forced to close temporarily or permanently. As a result, there have been job losses and a decrease in the number of enterprises selling aftermarket products and services.
Move to online sales: With many customers avoiding physical establishments due to safety concerns, the KSA Automotive Aftermarket has shifted to online sales. As a result, there is more competition among online shops, as well as a higher emphasis on digital marketing and e-commerce methods.
Overall, the COVID-19 epidemic has had a substantial impact on the KSA Automotive Aftermarket, with businesses encountering supply chain interruptions, decreased demand, and a greater emphasis on safety. Yet, the industry has demonstrated persistence in responding to changing conditions, with many businesses migrating to online sales and instituting safety precautions to continue servicing their clients.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2032 |
Base year considered | 2021 |
Forecast period | 2022-2032 |
Segments covered | By Vehicle Type, By Replacement Parts, By Distribution Channel
|
Regions covered | Asia Pacific, Europe, Middle East and Africa, North America, Latin America |
Companies Covered | 3M Saudi Arabia, Abdul Latif Jameel IPR Company Limited, Continental Middle East, Delphi Technologies, DENSO Corporation, Ford Motor Company, General Motors, Goodyear, Michelin, Robert Bosch Middle East FZE.
|
Target Audience-
- DIY vehicle owners
- Professional Mechanics and Repair shops
- Retailers
KSA Automotive Aftermarket Industry Segmentation:
1.By Vehicle Type:
- Commercial Vehicle
- Passenger Vehicle
2. By Replacement Parts:
- Battery
- Brake Parts
- Engine Components
- Exhaust Components
- Filters
- HVAC
- Lighting and Electronic Components
- Tire
- Others
3. By Distribution Channel:
4. By Region:
- Riyadh
- Jeddah
- Dammam
- Al Khobar
- Rest of KSA
Key Topics Covered in the Report:
- Size of KSA Automotive Aftermarket Industry (FY’2019-FY’2032)
- Overview of KSA Automotive Aftermarket Industry
- Segmentation of KSA Automotive Aftermarket Industry By Vehicle Type (Commercial Vehicle, Passenger Vehicle)
- Segmentation of KSA Automotive Aftermarket Industry By Replacement Parts (Battery, Brake Parts, Engine Components, Exhaust Components, Filters, HVAC, Lighting and Electronic Components, Tire, Others)
- Segmentation of KSA Automotive Aftermarket Industry By Distribution Channel (Offline, Online)
- Statistical Snap of KSA Automotive Aftermarket Industry
- Growth Analysis of KSA Automotive Aftermarket Industry
- Problems and Challenges in KSA Automotive Aftermarket Industry
- Competitive Landscape in the KSA Automotive Aftermarket Industry
- Impact of COVID-19 and Demonetization on KSA Automotive Aftermarket Industry
- Details on Recent Investment in KSA Automotive Aftermarket Industry
- Competitive Analysis of KSA Automotive Aftermarket Industry
- Key Players in the KSA Automotive Aftermarket Industry
- SWOT Analysis of KSA Automotive Aftermarket Industry
- KSA Automotive Aftermarket Industry Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the KSA Automotive Aftermarket Industry
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 KSA Automotive Aftermarket Industry Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in KSA Automotive Aftermarket Industry
7. KSA Automotive Aftermarket Industry, By Vehicle Type, 2019-2032 (USD Million)
7.1 Commercial Vehicle
7.2 Passenger Vehicle
8. KSA Automotive Aftermarket Industry, By Replacement Parts, 2019-2032 (USD Million)
8.1 Battery
8.2 Brake Parts
8.3 Engine Components
8.4 Exhaust Components
8.5 Filters
8.6 HVAC
8.7 Lighting and Electronic Components
8.8 Tire
8.9 Others
9. KSA Automotive Aftermarket Industry, By Distribution Channel, 2019-2032 (USD Million)
9.1 Offline
9.2 Online
10. KSA Automotive Aftermarket Industry, By Region, 2019-2032 (USD Million)
10.1 KSA Automotive Aftermarket Industry Size and Market Share by Region (2019-2025)
10.2 KSA Automotive Aftermarket Industry Size and Market Share by Region (2026-2032)
10.3 Riyadh
10.4 Jeddah
10.5 Dammam
10.6 Al Khobar
10.7 Rest of KSA
11. Company Profiles
11.1 3M Saudi Arabia
11.1.1 Company details
11.1.2 Financial outlook
11.1.3 Product summary
11.1.4 Recent developments
11.2 Abdul Latif Jameel IPR Company Limited
11.2.1 Company details
11.2.2 Financial outlook
11.2.3 Product summary
11.2.4 Recent developments
11.3 Continental Middle East
11.3.1 Company details
11.3.2 Financial outlook
11.3.3 Product summary
11.3.4 Recent developments
11.4 Delphi Technologies
11.4.1 Company details
11.4.2 Financial outlook
11.4.3 Product summary
11.4.4 Recent developments
11.5 DENSO Corporation
11.5.1 Company details
11.5.2 Financial outlook
11.5.3 Product summary
11.5.4 Recent developments
11.6 Ford Motor Company
11.6.1 Company details
11.6.2 Financial outlook
11.6.3 Product summary
11.6.4 Recent developments
11.7 General Motors
11.7.1 Company details
11.7.2 Financial outlook
11.7.3 Product summary
11.7.4 Recent development
11.8 Goodyear
11.8.1 Company details
11.8.2 Financial outlook
11.8.3 Product summary
11.8.4 Recent developments
11.9 Michelin
11.9.1 Company details
11.9.2 Financial outlook
11.9.3 Product summary
11.9.4 Recent developments
11.10 Robert Bosch Middle East FZE
11.10.1 Company details
11.10.2 Financial outlook
11.10.3 Product summary
11.10.4 Recent developments
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope