The aftermarket is he part of the automotive industry sector, which includes automotive services and business parts. It is concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, equipment, and other accessories, after the sale of the automobile by the original equipment manufacturer (OEM) to the consumers. The automotive aftermarket provides a variety of vehicle parts, equipment, devices, and other parts at different price ranges and qualities.

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The major factors that are driving the growth of the UAE Automotive Aftermarket market include the localized production of parts by the OEMs, growing demand for spare parts for vehicle modification, increasing investment in new distribution channels, and the rising second-hand auto spare part markets. The strong growth in the UAE economy, rising household spending, and easy vehicle financing in the country is further fuelling the growth of the automotive industry in the country during the forecast period. The increasing population of the country, growing GDP per capita, along with continuous infrastructure development to host Expo 2020, will further strengthen the demand in the automotive sector, which in turn, will lead to the increased growth of the UAE Automotive Aftermarket market.

High disposable income in the country will encourage the consumers to upgrade their new car models on more frequently, along with increasing demand for high specifications such as electric windows, enhanced engine power, locks and mirrors, and other luxury equipment and devices, are some other factor that are expected to boost the growth of the market. Modern road infrastructure in the UAE and low fuel cost also make it an attractive market for the automotive sector. Major automotive companies are focussing on establishing regional hubs in UAE, which will further propel the growth of the UAEs automotive aftermarket. On the other hand, the counterfeiting of auto components is restraining market growth.

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Based on the replacement part, the tire segment is expected to grow at a faster CAGR in the market during the forecast period owing to the harsh climate condition of the country, which is leading to a relatively shorter lifespan of tires, thus encouraging the consumers to replace tire on regular basis. High disposable income in the country is leading to an increase in the number of vehicles per person, which will further surge the demand for the tire.

Based on the Distribution Channel, the retailer segment is expected to grow at a higher CAGR in the market during the forecast period owing to the rising demand for automotive parts by the end-users in the country. In addition to this, the easy availability of a wide range of spare parts, batteries, tires, among others in automotive aftermarket retail shops and fast service is further fuelling the market growth. Increasing adoption of e-commerce among users due to the exceptional benefits offered by it, such as one-day delivery, multiple payment option, and variety of products in a discounted price range.

Based on the Certification, the genuine segment is anticipated to grow at a faster CAGR during the forecast period owing to the growing demand for high-quality products at low cost, coupled with increasing per capita income. Genuine parts are manufactured by OEMs and car manufacturers, which provide manufacturing warranty and offer a better quality product.

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Various notable players operating in the UAE Automotive Aftermarket market include 3M UAE, Continental ME, Delphi Technologies, DENSO Corporation, Federal-Mogul Corporation, Magneti Marelli S.p.A., Robert Bosch Middle East FZE, Goodyear Middle East FZE, ZF Services Middle East LLC, and Cooper Tire & Rubber Company, among others.

The UAE Automotive Aftermarket market has been segmented based on Replacement Part, Distribution Channel, Service Channel, and Certification. Based on Replacement Part, the market is segmented into tire, battery, brake parts, filters, body parts, Lighting & electronic components, Wheels, Exhaust components, Turbochargers, and Others. Based on tire, the market is further segmented into Basic Part, and Performance Part. Based on battery, the market is further segmented into Basic Part, and Performance Part. Based on brake parts, the market is further segmented into Basic Part, and Performance Part. Based on filters, the market is further segmented into Basic Part, and Performance Part. Based on body parts, the market is further segmented into Basic Part, and Performance Part. Based on lighting & electronic component, the market is further segmented into Basic Part, and Performance Part. Based on wheels, the market is further segmented into Basic Part, and Performance Part. Based on exhaust component, the market is further segmented into Basic Part, and Performance Part. Based on turbocharger, the market is further segmented into Basic Part, and Performance Part. Based on others, the market is further segmented into Basic Part, and Performance Part. Based on Distribution Channel, the market is segmented into Retailers, and Wholesale & Distribution (W&D). The retailer segment is further segmented into OEM Channel, and Retail Shops Channel. Based on Wholesale & Distribution (W&D), the market is further segmented into Online and Brick & Motor Market. Based on the Service Channel, the market is segmented into Do It Yourself (DIY), Do It for Me (DIFM), and Original Equipment (OE). Based on Certification, the market is segmented into Genuine Parts, Certified Parts, and Uncertified Parts. Based on Genuine Parts, the market is further segmented into Manufacturing Type, and Source Type. Based on Manufacturing Type, the market is further segmented into Newly Manufactured, Remanufactured, Rebuilt, and Reused. Based on source type, the market is further segmented into OEM Authorized Repair Shops, Car Maker Repair Shops, and Independent Repair Shops. Based on Certified parts, the market is further segmented into Manufacturing Type, and Source Type. Based on Manufacturing Type, the market is further segmented into Newly Manufactured, Remanufactured, Rebuilt, and Reused. Based on source type, the market is further segmented into OEM Authorized Repair Shops, Car Maker Repair Shops, and Independent Repair Shops. Based on uncertified parts, the market is further segmented into Manufacturing Type, and Source Type. Based on Manufacturing Type, the market is further segmented into Newly Manufactured, Remanufactured, Rebuilt, and Reused. Based on source type, the market is further segmented into OEM Authorized Repair Shops, Car Maker Repair Shops, and Independent Repair Shops.

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Key questions answered in this research report:

• • At what pace is the UAE Automotive Aftermarket market growing? What will be the trend in growth in the future?
  • What are the key drivers and restraints in the UAE Automotive Aftermarket market? What will be the impact of drivers and restraints in the future?
  • What are the various distribution channels of the UAE Automotive Aftermarket market, and how are they poised to grow?
  • Which Replacement Part generated maximum revenues in 2019 and identify the most promising Replacement Part during the forecast period?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Replacement Part, By Distribution Channel, By Service Channel, By Certification
Regional Coverage	UAE
Companies Profiled	3M UAE, Continental ME, Delphi Technologies, DENSO Corporation, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

UAE Smart Meter 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

UAE Smart Meter Market by Distribution Channel

• • Retailers
  • Wholesale & Distribution (W&D)

UAE Automotive Aftermarket Market by Service Channel

• • Do It Yourself (DIY)
  • Do It for Me (DIFM)
  • Original Equipment (OE)

UAE 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

Leading market players (Option 1: As a part of free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • 3M UAE
  • Continental ME
  • Delphi Technologies
  • DENSO Corporation
  • Federal-Mogul Corporation
  • Magneti Marelli S.p.A.
  • Robert Bosch Middle East FZE
  • Goodyear Middle East FZE
  • ZF Services Middle East LLC
  • Cooper Tire & Rubber Company