The entire sector of the economy that deals with auto parts, accessories, and services beyond those provided by the original manufacturer is known as the four-wheeler aftermarket. It serves as a one-stop shop for automobile owners who want to maintain their vehicles operating smoothly, looking well, and customised to meet their specific demands. Services range from routine maintenance and repairs to performance upgrades and cosmetic enhancements.
According to SPER Market Research, ‘UAE Four-Wheeler Aftermarket Service Market Size- By Type of Workshop, By Type of Vehicle Serviced, By Age of Car, By Booking Mode, By Car Brand, By Service Split - Regional Outlook, Competitive Strategies and Segment Forecast to 2032’ states that the UAE Four-Wheeler Aftermarket Service Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
The aftermarket for four-wheelers in the UAE is booming. An increase in vehicle ownership, along with the expansion of the used car industry, means that more cars will require repairs and upkeep. Additionally, consumers are choosing dependable service providers more frequently, which is helping the organised aftermarket industry. This is generating a booming market for parts that support maintenance, repairs, and even customisations, in addition to the growth of online parts sales and the ongoing advancements in automotive technology. A wide range of customers are served by the UAE's four-wheeler aftermarket, which offers anything from performance enhancements to necessary replacements.
Although a market with lots of participants and intense competition pushes down prices, it can also result in inadequate quality control. Strict government rules governing certificates and parts guarantee safety but create additional obstacles for independent companies. Furthermore, it might be challenging for these companies to establish a presence if there are powerful authorised dealerships with strong brand loyalty. Another curveball is the rising popularity of electric cars, which require less regular maintenance than conventional cars. Furthermore, the number of fake components can damage the aftermarket's reputation as a whole and jeopardise consumer safety.
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The effects of COVID-19 on the four-wheeler aftermarket in the UAE were uneven. Due to early lockdowns and financial difficulties, fewer individuals were driving and in need of maintenance, which negatively impacted the market for parts and services. But there was another unexpected advantage during this time. Online reservations for services and parts skyrocketed as more individuals stayed at home. Due to this, the aftermarket sector was compelled to change and embrace digitalization, opening up new channels for client communication and maybe increasing revenues in the future.
The highest market share in terms of both income generated and the total number of workshops in the UAE's four-wheeler aftermarket belongs to Dubai. The major players in the four-wheeler aftermarket in the United Arab Emirates 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.
UAE Four-Wheeler Aftermarket Service Market Segmentation:
By Type of Workshop: Based on the Type of Workshop, UAE Four-Wheeler Aftermarket Service Market is segmented as; Large Multi Brand, OEM/Authorized, Small/Unorganized.
By Type of Vehicle Serviced: Based on the Type of Vehicle Serviced, UAE Four-Wheeler Aftermarket Service Market is segmented as; Crossover, Hatchback, MPVs, Sedan, SUV.
By Age of Car: Based on the Age of Car, UAE Four-Wheeler Aftermarket Service Market is segmented as; 0-2 Years, 2-4 Years, 4-6 Years, 6-8 Years, 8-13 Years, Above 13 Years.
By Booking Mode: Based on the Booking Mode, UAE Four-Wheeler Aftermarket Service Market is segmented as; Offline, Online.
By Car Brand: Based on the Car Brand, UAE Four-Wheeler Aftermarket Service Market is segmented as; BMW, Ford, General Motors, Hyundai, Mitsubishi, Nissan Renault, Toyota.
By Service Split: Based on the Service Split, UAE Four-Wheeler Aftermarket Service Market is segmented as; Body Care, Crash Repair, Non-Crash Repair.
By Region: This report also provides the data for key regional segments of Abu Dhabi, Dubai, Sharjah, Others.
For More Information, refer to below link:-
UAE Automotive Aftermarket Service Market Revenue
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