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Sep 22, 2020 (Market Insight Reports) —
The market report firstly enfolds a comprehensive analysis and assessment of the market. The report contains all-inclusive information related to the latest market updates including the emerging trends, market size, share, growth rate, and leading players for the given forecast period. It mainly aims to help the market players in achieving significant profit over the anticipated period.
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Leading industry players of the GCC Automotive Aftermarket Market:
Numerous key players in the GCC Automotive Aftermarket Market are Delphi Technologies, Goodyear Tire & Rubber Company, ZF Services Middle East LLC, DENSO Corporation, Federal-Mogul Corporation, 3M Gulf Ltd, Continental AG, Magneti Marelli S.p.A., Robert Bosch Middle East FZE, and Cooper Tire & Rubber Company, among others.
Key Drivers of the GCC Automotive Aftermarket Market:
The significant factors responsible for the growth of the GCC Automotive Aftermarket market size include localized production of OEMs, strogn demand for spare parts for vehicle modification, growing number of investment in new distribution channels, and continuous expansion of the second hand auto spare part market. Moreover, the numerous upcoming events in GCC, such as Dubai Expo 2020 and FIFA 2022 in Qatar, are further surging the market growth. Government initiatives including Saudi Arabia Vision 2030, UAE Vision 2030, and development of smart cities in the GCC region, followed by the increasing number of infrastructure projects such as Red Sea project, Smart Dubai, and other projects are rising the demand of the market.
GCC countries such as UAE and Saudi Arabia are supporting the adoption of autonomous vehicles and electric vehicle & hybrid vehicle, thus the demand for aftermarket components in these countries will remain high in the coming years. In addition to this, the accelerating demand for passenger vehicles and the continuous growth of the e-commerce and tourism sector, particularly in the GCC region, will have a positive impact on the market.
For further information on these analyses, please visit: https://www.gmiresearch.com/report/gcc-automotive-aftermarket-market/
Segmentation of the GCC Automotive Aftermarket Market:
This report carefully analyses all segments of the GCC Automotive Aftermarket Market. The market forecast has also taken into consideration replacement part, distribution channel, service channel, certification, and countries segments of the industry.
GCC Automotive Aftermarket Market by Replacement part:
-
Tire
- Basic Part
- Performance Part
-
Battery
- Basic Part
- Performance Part
-
Brake parts
- Basic Part
- Performance Part
-
Filters
- Basic Part
- Performance Part
-
Body parts
- Basic Part
- Performance Part
-
Lighting & electronic components
- Basic Part
- Performance Part
-
Wheels
- Basic Part
- Performance Part
-
Exhaust components
- Basic Part
- Performance Part
-
Turbochargers
- Basic Part
- Performance Part
-
Others
- Basic Part
- Performance Part
GCC Automotive Aftermarket Market by Distribution Channel:
-
Retailers
- Retail Channels
- OEM Channel
- Retail Shops Channel
-
Wholesale & Distribution (W&D)
- Online and Brick & Motor Market
GCC Automotive Aftermarket Market by Service Channel:
- Do It Yourself (DIY)
- Do It for Me (DIFM)
- Original Equipment (OE)
GCC Automotive Aftermarket Market by Certification:
-
Genuine Parts
-
Manufacturing Type
- Newly Manufactured
- Remanufactured
- Rebuilt
- Reused
-
Source Type
- OEM Authorized Repair Shops
- Car Maker Repair Shops
- Independent Repair Shops
-
Certified Parts
-
Manufacturing Type
- Newly Manufactured
- Remanufactured
- Rebuilt
- Reused
-
Source Type
- OEM Authorized Repair Shops
- Car Maker Repair Shops
- Independent Repair Shops
-
Uncertified Parts
-
Manufacturing Type
- Newly Manufactured
- Remanufactured
- Rebuilt
- Reused
-
Source Type
- OEM Authorized Repair Shops
- Car Maker Repair Shops
- Independent Repair Shops
-
Manufacturing Type
-
Manufacturing Type
-
Manufacturing Type
GCC Automotive Aftermarket Market by Countries:
- UAE
- Saudi Arabia
- Oman
- Kuwait
- Rest of GCC
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