KSA Automotive Market Growth, Trends, Demand, Size, Revenue and Future Competition 2032
KSA Automotive Industry Size- By Type, By Motor Type, By Electric Vehicle, By Vehicle Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Jan-2023 | Report ID: AMIN2306 | Pages: 1 - 103 | Formats*: |
| Category : Automotive & Transportation | |||
KSA Automotive Industry Overview
According to SPER Market Research, the KSA Automotive Industry is estimated to reach USD 14.91 billion by 2032 with a CAGR of 2.08%.
There is a huge possibility to shake up the Saudi Arabian Kingdom's established and conservatively run automobile industry. KSA Automotive is now controlled by local retail and distribution partners, which supports the expansion of foreign OEMs and other brands in the absence of homegrown producers of high-quality goods. The majority of the demand for automotive automobiles and replacement parts is met by imports from nations like the United States, Japan, China, Korea, India, and other gulf nations. In order to compete in the market for Tier 1 & 2 cities, the ecosystem is made up of large trade organisations, while the bulk of rural areas and Tier 3 cities continue to rely on the unorganised market for local demand. KSA regularly communicates with neighbouring gulf nations about imports and re-exports and is eager to build domestic manufacturing and exporting capabilities for South Africa and other African and gulf countries through the development of industrial hubs, effective bilateral relationships and allies, and technological competence and its improvement. The market has seen a significant change in favour of radical ERP & CRM systems, which are mostly used by the organised sector, according to technological trends & advances. Entities working in the KSA automotive sector are able to comprehend how to utilise and optimise efficient operating systems, and they continue to employ a variety of software and solutions, as well as tailored modules, to improve their operations and customer relationship management initiatives.
Impact of COVID-19 on the KSA Automotive Industry
The covid influence on the automobile sector in KSA has led to a drop in foot traffic at the various brand showrooms, which was a key sales channel before covid. Although there hasn't been a significant transition from physical to online sales, we do observe a change towards e-commerce in the KSA automobile sector with increased levels of online penetration across different categories. Along with employment losses & office closures, a variety of new car maintenance models are also seen with variable ownership durations. The market for shared mobility has also seen a fall as consumers turn to more sanitary practises, which has an effect on many market categories. Corrective actions done by numerous organisations and the government itself are encouraging businesses in many industrial categories to adopt new business strategies. Along with employment losses & office closures, a number of new car maintenance models are also seen with variable ownership durations. The market for shared mobility has also seen a fall as people turn to more sanitary practises, which has an influence on many market categories. Corrective actions done by many organisations and the government itself to maintain business are encouraging individuals in various industrial segments to adopt ground-breaking company strategies.
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 Type, By Motor Type, By Electric Vehicle, By Vehicle Type |
| Regions covered | Central Saudi Arabia, Eastern Saudi Arabia, Northern Saudi Arabia, Southern Saudi Arabia, Western Saudi Arabia. |
| Companies Covered | Abdul Latif Jameel Motors, Al Jazirah Vehicles Agency, Al Yemni Motors, Alesayi Motor Company, Alissa Universal Motors Co., Aljomaih Automotive Company, Almajdouie Automotive, Bakhashab Brothers Co., Haji Husain Alireza & Co., Juffali Automotive Company, Kia Al Jabr, Manahil International, Mohamed Yousuf Naghi Motors, Nissan Petromin, Universal Motors Agencies, Wallan Trading Co. |
KSA Automotive Industry Segmentation:
1.By Type:
- Bottom Dead Center
- Top Dead Center
2. By Motor Type:
- AC Induction Motor
- DC Brushless Motor
- Permanent Magnet Synchronous Motor
3. By Electric Vehicle:
- Battery Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
4. By Vehicle Type:
- Diesel Vehicle
- Electric Vehicle
- Fuel Cell Electric Vehicle
- Hybrid Electric Vehicle
5. By Region:
- Central Saudi Arabia
- Eastern Saudi Arabia
- Northern Saudi Arabia
- Southern Saudi Arabia
- Western Saudi Arabia
Key Topics Covered in the Report
- Size of KSA Automotive Industry (FY’2019-FY’2032)
- Overview of KSA Automotive Industry
- Segmentation of KSA Automotive Industry By Type (Bottom Dead Center, Top Dead Center)
- Segmentation of KSA Automotive Industry By Motor Type (AC Induction Motor, DC Brushless Motor, Permanent Magnet Synchronous Motor)
- Segmentation of KSA Automotive Industry By Electric Vehicle (Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle)
- Segmentation of KSA Automotive Industry By Vehicle Type (Diesel Vehicle, Electric Vehicle, Fuel Cell Electric Vehicle, Hybrid Electric Vehicle, Mild Hybrid Vehicle, Natural Gas Vehicle, Petrol Vehicle, Plug-in Hybrid Electric Vehicle)
- Statistical Snap of KSA Automotive Industry
- Growth Analysis of KSA Automotive Industry
- Problems and Challenges in KSA Automotive Industry
- Competitive Landscape in the KSA Automotive Industry
- Impact of COVID-19 and Demonetization on KSA Automotive Industry
- Details on Recent Investment inKSA Automotive Industry
- Competitive Analysis of KSA Automotive Industry
- Major Players in the KSA Automotive Industry
- SWOT Analysis ofKSA Automotive Industry
- KSA Automotive Industry Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 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 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges
4.2. COVID-19 Impacts of the KSA Automotive Industry
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry
5.4.Heat map analysis
6. Competitive Landscape
6.1. KSA Automotive Industry Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in KSA Automotive Industry
7. KSA Automotive Industry, By Type, 2019-2032 (USD Million)
7.1. Bottom Dead Center7.2. Top Dead Center
8. KSA Automotive Industry, By Motor Type, 2019-2032 (USD Million)
8.1. AC Induction Motor8.2. DC Brushless Motor8.3. Permanent Magnet Synchronous Motor
9. KSA Automotive Industry, By Electric Vehicle, 2019-2032 (USD Million)
9.1. Battery Electric Vehicle9.2. Hybrid Electric Vehicle9.3. Plug-in Hybrid Electric Vehicle
10. KSA Automotive Industry, By Vehicle Type, 2019-2032 (USD Million)
10.1. Diesel Vehicle10.2. Electric Vehicle10.3. Fuel Cell Electric Vehicle10.4. Hybrid Electric Vehicle10.5. Mild Hybrid Vehicle10.6. Natural Gas Vehicle10.7. Petrol Vehicle10.8. Plug-in Hybrid Electric Vehicle
11. KSA Automotive Industry, By Region, 2019-2032 (USD Million)
11.1. KSA Automotive Industry Size and Market Share by Region (2019-2025)11.2. KSA Automotive Industry Size and Market Share by Region (2026-2032)11.3. Central Saudi Arabia11.4. Eastern Saudi Arabia11.5. Northern Saudi Arabia11.6. Southern Saudi Arabia11.7. Western Saudi Arabia
12. Company Profiles
12.1. Abdul Latif Jameel Motors
12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments
12.2. Al Jazirah Vehicles Agency,
12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments
12.3. Al Yemni Motors
12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments
12.4. Alesayi Motor Company
12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments
12.5. Alissa Universal Motors Co
12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments
12.6. Aljomaih Automotive Company
12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments
12.7. Almajdouie Automotive
12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments
12.8. Bakhashab Brothers Co
12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments
12.9. Haji Husain Alireza & Co.
12.9.1. Company details12.9.2. Financial outlook12.9.3. Product summary12.9.4. Recent developments
12.10. Juffali Automotive Company
12.10.1. Company details12.10.2. Financial outlook12.10.3. Product summary12.10.4. Recent developments
12.11. Kia Al Jabr, Manahil International
12.11.1. Company details12.11.2. Financial outlook12.11.3. Product summary12.11.4. Recent developments
12.12. Manahil International
12.12.1. Company details12.12.2. Financial outlook12.12.3. Product summary12.12.4. Recent developments
12.13. Mohamed Yousuf Naghi Motors
12.13.1. Company details12.13.2. Financial outlook12.13.3. Product summary12.13.4. Recent developments
12.14. Nissan Petromin
12.14.1. Company details12.14.2. Financial outlook12.14.3. Product summary12.14.4. Recent developments
12.15. Universal Motors Agencies
12.15.1. Company details12.15.2. Financial outlook12.15.3. Product summary12.15.4. Recent developments
12.16. Wallan Trading Co.
12.16.1. Company details12.16.2. Financial outlook12.16.3. Product summary12.16.4. Recent developments
13. List of Abbreviations
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
The KSA Automotive Industry is projected to reach USD 14.91 billion by 2032, growing at a CAGR of 2.08% during the forecast period.
The KSA Automotive Industry grew in market size from 2021. The Market is expected to reach USD 14.91 billion by 2032, at a CAGR of 2.08% during the forecast period.
The KSA Automotive Industry CAGR of 2.08% during the forecast period.
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The KSA Automotive Industry size is USD 14.91 billion from 2022 to 2032.
The KSA Automotive Industry segment is Covered By Type, By Motor Type, By Electric Vehicle, By Vehicle Type.
The Middle East region is anticipated to have the highest market share in the KSA Automotive Industry.
The key players in the market include Companies Covered Abdul Latif Jameel Motors, Al Jazirah Vehicles Agency, Al Yemni Motors, Alesayi Motor Company, Alissa Universal Motors Co., Aljomaih Automotive Company, Almajdouie Automotive, Bakhashab Brothers Co., Haji Husain Alireza & Co., Juffali Automotive Company, Kia Al Jabr, Manahil International, Mohamed Yousuf Naghi Motors, Nissan Petromin, Universal Motors Agencies, Wallan Trading Co.
KSA automotive sector are able to comprehend how to utilise and optimise efficient operating systems, and they continue to employ a variety of software and solutions, as well as tailored modules, to improve their operations and customer relationship management initiatives.
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