UAE Automotive Aftermarket Market – Opportunities and Forecast, 2020-2027

1. Report Title UAE Automotive Aftermarket Market – Opportunities and Forecast, 2020-2027 GMI Research GMI Research See the Future Insights 1

2. The market report aims to provide an overview of the industry through detailed market segmentation. Moreover, the report also offers thorough information regarding the overview and scope of the market, along with the key drivers, restraints, and emerging trends in the market. It is designed to include both quantitative and qualitative aspects of the industry for each region and country participating in the study. Key Players in the UAE Automotive Aftermarket Market include: Continental ME, 3M UAE, Delphi Technologies, DENSO Corporation, Magneti Marelli S.p.A., Federal-Mogul Corporation, Cooper Tire & Rubber Company, Robert Bosch Middle East FZE, ZF Services Middle East LLC, Goodyear Middle East FZE, among others. Key Drivers of the UAE Automotive Aftermarket Market: The key factors responsible for the growth of the UAE automotive aftermarket market include the localized production of parts by the OEMs, growing investment in new distribution channels, rising demand for spare parts for vehicle modification, and the increasing second-hand auto spare part markets. The emerging growth in the UAE economy, growing household spending, and easy vehicle financing in the country is one of the factors surging the growth of the automotive industry in the country in the upcoming years. The growing population of the country, increasing GDP per capita, followed by rapid infrastructure development to host Expo 2020, will further propel the demand in the automotive sector, which will accelerate the growth of the UAE automotive aftermarket market size. Rising disposable income in the country will motivate the consumers to upgrade their new car models frequently, coupled with the growing demand for high specifications include locks and mirrors, electric windows, improved engine power, and other luxury equipment and devices, are some other driver that are projected to fuel the growth of the market. Modern road infrastructure in the UAE and reduced fuel cost also make it an attractive market for the automotive sector. Major automotive companies are aiming to establish regional hubs in UAE, which will further surge the growth of the 2

3. UAEs automotive aftermarket. On the other edge of the spectrum, the counterfeiting of auto components is hampering the market growth. Segmentation of the UAE Automotive Aftermarket Market: The market report offers future growth drivers and competitive landscape. This will be beneficial for buyers of the market report to gain a clear view of the important growth and subsequent market strategy. On the basis of Replacement Part: •Tire o Basic Part o Performance Part •Battery o Basic Part o Performance Part •Brake parts o Basic Part o Performance Part •Filters o Basic Part o Performance Part •Body parts o Basic Part o Performance Part •Lighting & electronic components o Basic Part o Performance Part •Wheels o Basic Part o Performance Part •Exhaust components o Basic Part o Performance Part •Turbochargers o Basic Part 3

4. o Performance Part •Others o Basic Part o Performance Part On the basis of Distribution Channel: •Retailers •Wholesale & Dstribution (W&D) On the basis of Service Channel: •Do It Yourself (DIY) •Do It for Me (DIFM) •Original Equipment (OE) On the basis of Certification: •Genuine Parts o Manufacturing Type ▪ Newly Manufactured ▪ Remanufactured ▪ Rebuilt ▪ Reused o Source Type ▪ OEM Authorized Repair Shops ▪ Car Maker Repair Shops ▪ Independent Repair Shops •Certified Parts o Manufacturing Type ▪ Newly Manufactured ▪ Remanufactured ▪ Rebuilt ▪ Reused o Source Type ▪ OEM Authorized Repair Shops ▪ Car Maker Repair Shops ▪ Independent Repair Shops •Uncertified Parts o Manufacturing Type 4

5. ▪ Newly Manufactured ▪ Remanufactured ▪ Rebuilt ▪ Reused o Source Type ▪ OEM Authorized Repair Shops ▪ Car Maker Repair Shops ▪ Independent Repair Shops About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. Contact Us Company Name: GMI RESEARCH Email: enquiry@gmiresearch.com Phone: +353 1 442 8820 Address:Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate City: Dublin State: Dublin 5

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