UAE Four-Wheeler Aftermarket Service Market Size 2023, Revenue, Trends, Growth, Business Opportunities and Forecast 2032: SPER Market Research
- Business
- March 16, 2023
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According to SPER Market Research, the UAE Four-Wheeler Aftermarket Service Market is refers to the segment of the automotive industry in the United Arab Emirates (UAE) that provides maintenance and repair services for automobiles and other four-wheeled vehicles. Accessories, maintenance, and repair services are just a few of the products and services offered in the aftermarket service industry by independent service providers. The UAE’s growing automobile demand has increased the number of vehicles on the road and the demand for maintenance and repair services. This has spurred growth in the four-wheeler aftermarket service market. Due to the high cost of new cars and the availability of competitively priced aftermarket parts and services, there is also a growing demand for aftermarket services.
There are many various types of service providers available on the market, including independent garages, authorized dealerships, and specialised aftermarket service providers. Among the services offered by these service providers are routine maintenance, oil changes, tyre replacements, brake repairs, and engine repairs. Another facet of the aftermarket service industry is the sale of third-party, non-original equipment manufacturer parts and accessories, including as performance parts, audio systems, and custom bodywork (OEM). Overall, it is anticipated that the demand for automobiles and the need for accessible maintenance and repair services would drive the UAE four-wheel aftermarket service market to keep growing over the coming years. The growth of the aftermarket services industry in the UAE is also predicted to be aided by the popularity of online marketplaces for the purchase of car components and accessories.
The uncertainty of the pandemic has made people more conscious of the importance of maintaining their cars, which has created new opportunities for the aftermarket service industry. The transition to online shopping and e-commerce platforms has also allowed aftermarket service providers to reach a broader audience and offer their products and services online. Yet when the financial situation improves and consumer demand for vehicles and aftermarket services recovers, it is projected that the UAE four-wheeler aftermarket service industry will eventually recover. Nonetheless, there is a chance that the market will still have problems due to supply chain disruptions and changes in consumer behaviour.
UAE Four-Wheeler Aftermarket Service Market Overview:
- Forecast CAGR (2022-2032): XX%
- Forecast Market Size (2032): XX billion
Impact of COVID-19 on the UAE Four-Wheeler Aftermarket Service Market:
On the UAE Four-Wheeler Aftermarket Service Market, the COVID-19 epidemic has had a considerable effect. The pandemic has reduced car sales and usage, which has decreased the demand for aftermarket services. A drop in the number of vehicles on the road as a result of business closures and travel restrictions during the epidemic has also had an impact on the aftermarket service market. Because so many suppliers and manufacturers have experienced business interruptions as a result of the pandemic, this has also had an impact on the supply chain for aftermarket parts and accessories. Aftermarket parts and accessories are becoming less readily available on the market as a result of the lack of raw materials and logistical difficulties that have delayed manufacture and delivery.
Due to the uncertainties of the pandemic, car owners have grown more aware of the value of keeping their vehicles in good condition, which has opened up new prospects for the aftermarket service business. The change to online purchasing and e-commerce platforms has also made it possible for aftermarket service providers to access a larger audience and sell their services and goods through digital channels. Nevertheless, it is anticipated that the UAE four-wheeler aftermarket service industry would gradually rebound as the pandemic situation improves and consumer demand for vehicles and aftermarket services rises. Disruptions in the supply chain and alterations in customer behaviour, however, may mean that the market still faces difficulties.
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UAE Four-Wheeler Aftermarket Service Market Key Segments Covered:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.
By Type of Workshop:
- Large Multi Brand
- OEM/Authorized
- Small/Unorganized
By Type of Vehicle Serviced:
- Crossover
- Hatchback
- MPVs
- Sedan
- SUV
By Age of Car:
- 0-2 Years
- 2-4 Years
- 4-6 Years
- 6-8 Years
- 8-13 Years
- Above 13 Years
By Booking Mode:
- Offline
- Online
By Car Brand:
- BMW
- Ford
- General Motors
- Hyundai
- Mitsubishi
- Nissan & Renault
- Toyota
By Service Split:
- Body Care
- Crash Repair
- Non-Crash Repair
By Region:
- Abu Dhabi
- Dubai
- Sharjah
- Others
This report also provides the data for key regional segments of Abu Dhabi, Dubai, Sharjah, and Others.
UAE Four-Wheeler Aftermarket Service Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; 800carguru, AG auto / AG cars, Auto fix, BMW, Carcility, Fiat, Ford, General Motors, Hyundai, Mitsubishi, Mysyara, Nissan & Renault, Royal Swiss auto service, Service my car, Toyota, Vehpal.
For More Information, refer to below link: -
UAE Four-Wheeler Aftermarket Service Market Share
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