Egypt automotive aftermarket is expected to register robust growth in the
forecast period, 2023-2027. The inflating crash repair and wear & tear are
supporting the aftermarket component demand. With this, the growing customer
expectations, continuous technological innovations, and the increasing
competition across the automotive industry are the significant factors fueling
the industry expansion. Th enhancing competition in the automotive industry is
improving the development of online forums for automotive parts. Various
manufacturers are expected to offer easy shipping options, flexibility, and
seamless online information to bolster the sales of their products. Along with
this, consumers are likely to compare products & prices before making a
purchase. The rising in convenience combined with the low cost of shipping are
supporting the sale of automotive products throughout coupled with the
significant growth of international manufacturers penetration is expected to
propel the market growth in the coming years.
Rise in the Average Age
of Vehicles is Expected to Boost the Market Growth
Continuous advancements
in material and technology that widely utilized for automotive manufacturing
which has further increased the average operational age of vehicles is fueling
the growth of the market. With this, the increasing number of vehicles with
over 12 years of age is supporting the growth of the market. Along with this, as per the study it has been
observed that number of vehicles that are 16-24 years old is increasing in
recent years which also drives the market growth. The reliability of the
vehicles has been significantly increased in the recent past. Moreover, the
rising average operational age of a vehicle and significant increase in the
number of aftermarkets are accelerating the market growth. According to the
data revelated by the Department of Transportation, the average age of
passenger cars increased which is expected to fuel the market growth in the
coming years.
Increase in concern over
vehicle safety is Projected to Stimulate the Growth of the Market
The expanding number of
road accidents caused on account of the breakdown of automotive components
drives the market growth. This further resulted in increased awareness among public
about the timely maintenance and repair of the vehicle propels the growth of
the market. The service of life of
various automotive components is greatly dependent on the usage as automotive
components have threshold lifespan. Furthermore, the service life of automotive
components is highly dependent on utilization, as components have threshold
lifespan which catalyses the market growth. The constant changing driving
conditions warrant timely repair, maintenance, and replacement automotive parts
is anticipated to cushion the market growth in the future years.
Click here to download the sample
Market Segmentation
The Egypt automotive aftermarket is segmented into vehicle type, component, service channel,
customer segment, regional distribution, and competitive
landscape. Based on vehicle type, the market is divided into two-wheeler,
passenger car, LCV, and M&HCV. Based on the component, the market is divided
into tires, body & mechanical parts, batteries, accessories & vehicle
care products, lubricants. Based on service channel, the market is segmented
into DIFM (Do it for Me), DIY (Do it Yourself), and OE (Delegating to OEM’s). Based on the customer segment, the market is segmented into B2B, B2C.
The Egypt automotive aftermarket market is studied in major regions namely Cairo, Alexandria, Giza, Qalyubia, Port Said, Suez, and Rest of Egypt.
Michelin Group, Pirelli & C. S.p.A., Trenco Transport and
Engineering Co., Continental AG, Bridgestone, Robert Bosch GmbH, Denso
Corporation, Roland Berger, Shell Egypt, Egyptian Plastic & Electrical
Industries Co. are the key market players operating in Egypt automotive aftermarket
|
Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historic Data
|
2017 – 2020
|
|
Estimated Year
|
2022
|
|
Forecast Period
|
2023 – 2027
|
|
Quantitative Units
|
Revenue in USD Million, and CAGR for 2017-2021
and 2022-2027
|
|
Report coverage
|
Revenue forecast, company share, competitive landscape, growth
factors, and trends
|
|
Segments covered
|
·
Vehicle Type
·
Component
·
Service
Channel
·
Customer
Segment
|
|
Regional scope
|
Cairo, Alexandria, Giza, Qalyubia, Port Said, Suez, and Rest of Egypt.
|
|
Key companies profiled
|
Michelin Group, Pirelli & C. S.p.A., Trenco Transport and
Engineering Co., Continental AG, Bridgestone, Robert Bosch GmbH, Denso
Corporation, Roland Berger, Shell Egypt, Egyptian Plastic & Electrical
Industries Co.
|
|
Customization scope
|
10% free report customization with purchase. Addition or
alteration to regional & segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet
your exact research needs. Explore purchase
options
|
|
Delivery Format
|
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
|
Report Scope:
In this report, Egypt automotive aftermarket has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
·
Egypt Automotive
Aftermarket, By Vehicle Type:
o Two-Wheeler
o Passenger Car
o LCV
o M&HCV
·
Egypt Automotive
Aftermarket, By Component:
o Tires
o Body & Mechanical parts
o Batteries
o Accessories & Vehicle Care Products
o Lubricants
·
Egypt Automotive
Aftermarket, By Service Channel:
o DIFM (Do it for Me)
o DIY (Do it Yourself)
o OE (Delegating to OEM’s)
·
Egypt Automotive Aftermarket, By Customer Segment:
o B2B
o B2C
·
Egypt Automotive Aftermarket,
By Region:
o Cairo
o Alexandria
o Giza
o Qalyubia
o Port Said
o Suez
o Rest of Egypt.
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Egypt Automotive aftermarket market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
o Detailed analysis and profiling of
additional market players (up to five).
Egypt automotive aftermarket is an upcoming report
to be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at [email protected]