Press Release

UAE Automotive Aftermarket to be dominated by Passenger Cars till 2027

Growing demand for vehicle upgradation and customization and aging vehicle fleet is expected to drive the demand of UAE Automotive Aftermarket in the forecast period, 2023-2027.  

According to TechSci Research report, UAE Automotive Aftermarket By Region, Competition Forecast & Opportunities, 2027, the UAE automotive aftermarket is expected to witness steady growth in the forecast period, 2023-2027. The high demand for vehicle customization in customers and enthusiasts and the growing expenditure capacity of the consumers are driving the market demand. Growing consumer awareness about the benefits of repair and maintenance of vehicles to maintain vehicle performance and efficiency is acting as a positive factor for UAE automotive aftermarket. The original equipment manufacturers are working on improvement of automotive parts and aftermarket value chain to reach a more significant number of customers. They are also focusing on enhancing customer experience by optimization the supply chain and introducing different aftermarket service offerings such as automation technology relating to the repair and service of automobiles.

An increase in the do-it-yourself (DIY) customers due to the ongoing automobile customization trend and the high demand from customers for enhanced comfort and convenience while traveling is expected to influence the UAE automotive aftermarket demand over the next five years.

However, growth in the sales of electric vehicles and integration of vehicle sensors may restrain the UAE automotive aftermarket growth for the forecast period.


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The UAE automotive aftermarket is segmented into vehicle type, component, service channel, regional distribution, and company.

Based on vehicle type, the market is divided into passenger cars and commercial vehicles. Commercial vehicles are expected to account for a significant market share in the forecast period. The strong economic position of the country and the booming e-commerce industry is fueling the demand for commercial vehicles. Also, the UAE has seen a significant boom in the construction and transportation sector.  

Based on components, the market is divided into tires, spark plugs, air filter, fuel filter, brake pad, brake shoe, brake calliper, batteries, others. Tires are anticipated to hold the dominant market position through the forecast period due to rise in the average age of the vehicles and per mile travel which wears down the tire. The hot and arid climate of the UAE is adversely affecting the tire condition. Also, the launch of high-performance tires by the market players is expected to foster increased market growth.

Based on the service channel, the market is divided into DIFM (Do it for Me), DIY (Do it Yourself), and OE (Delegating to OEM’s). The DIY (Do it Yourself) segment is expected to capture the largest market share in the forecast period. The rise in the demand for vehicle customizations to upgrade the vehicle to the latest version in a cost-effective way is fueling the demand for DIY (Do it Yourself) kits among consumers.

Based on regional analysis, Dubai is expected to witness significant growth opportunities in the next five years. The ideal location of Dubai and the increased domestic demand for high-end cars support the market demand. Also, the region is home to more than 2 million light, medium, and heavy commercial vehicles, thereby generating the need for spare parts and components in the automotive aftermarket.


Major market players operating in the UAE automotive aftermarket are : 

·         Robert Bosch GmbH

·         Bridgestone Corporation

·         Denso Sales Middle East & North Africa FZE.

·         AISIN Middle East

·         JTEKT Corporation

·         Hitachi Automotive Systems

·         Continental AG

·         Yokohama Rubber Company

·         The Goodyear Tire & Rubber Company

·         ZF Friedrichshafen AG

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“Market players are expected to invest in research and development activities to find innovative solutions and upgrade the components and parts used in the automobile, such as developing a high-capacity battery that lasts longer and does not need frequent replacement. The digitization of the automotive aftermarket can aid the workshop technicians to use the software and mobile applications to find the right solution to address complex technical problems. The use of software helps the technicians to accelerate the repair and maintenance service speed and obtain improved results. The digital transformation of the distribution chain, use of advanced technologies and entry of local market players are expected to propel the UAE automotive aftermarket growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.


UAE Automotive Aftermarket By Vehicle Type (Passenger Cars, Commercial Vehicles), By Component (Tires, Spark Plugs, Air Filter, Fuel Filter, Brake Pad, Brake Shoe, Brake Calliper, Batteries, Others), By Service Channel (DIFM (Do it for Me), DIY (Do it Yourself), and OE (Delegating to OEM’s)), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of UAE automotive aftermarket and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in UAE automotive aftermarket.

 

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