Press release
Due to rapid urbanization and growth of passenger vehicle sales, along with shifting preference of consumers from availing public transportation to private four-wheeler vehicles by advent of COVID-19 is fuelling the expansion of Four-wheeler Aftermarket S
Increased Awareness on Health and Hygiene: With the advent of COVID-19, consumers were witnessed to be more concerned on maintaining personal health and hygiene. Therefore, they are preferring the option of private transportation rather than availing public transport system. The change in consumer's behavior and preference is expected to act as an opportunity for the four-wheeler aftermarket service industry in UAE. As more and more consumers prefer availing private transportation medium, the demand for new cars would surge in the coming years. With the surge in the vehicle parc, consumers would also require to periodically maintain their vehicle every as prescribed by the government of UAE, thereby the demand for aftermarket services would enhance.
Rapid Urbanization and Fast-Growing Middle Class: Rapid urbanization over the years is contributing to the Growth of Automotive Industry in UAE, as more and more consumers are migrating to urban cities, there remains an increased demand for availing private transportation. Urbanization serves as one of the growth drivers for the aftermarket service industry as consumers migrate for better payment opportunity in the cities, it allows them to have the financial means to avail private transport thereby increasing the prospect of aftermarket services.
For More Detail @ https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/uae-automotive-aftermarket-service-industry-outlook/574424-100.html
Enhancing Online Ecosystem: Four-Wheeler Aftermarket service companies in UAE has not been able to adapt to the growing significance of the online ecosystem over the years. However, the advent of COVID-19 has changed the perception of consumers towards the utilization of online space. More consumers are utilizing digital medium for buying and selling products as well as booking services through online medium. Similarly, there exist a shift in aftermarket service industry wherein consumers are preferring to book slots for their vehicle services online. Therefore, the four-wheeler aftermarket service and spare parts companies are expanding their presence in the online realm for better visibility among consumers and compete on the basis of brand integration. Servicing companies have initiated the process of online booking to enhance customer's convenience. This also helps the servicing companies to maintain COVID protocols such as curb in overcrowding in public places as set by the UAE government.
UAE Automotive Aftermarket Service Market
Government Initiatives: UAE's low import and fuel costs, conducive tax regime and high disposable incomes have also helped strengthen the automobile sector and encourage global giants to set up shop here and manufacture in the country. The government has also been encouraging research and development with regards to autonomous or driverless vehicles, smart and eco-friendly alternatives, for instance, hydrogen, natural gas and hybrid vehicles.
Digital Transformation: Online players are emphasizing on integrating new-age technologies and building a robust sales network to give complete view of the car to customers. Considering the digital transformation across industries, new-age start-ups are emerging in the four-wheeler aftermarket service industry. Social media plays a major role in generating leads for dealers & end consumers by virtue of offering advertisements at a lower cost with respect to other traditional marketing channels thus bridging the gap between physical and digital sales
Request For Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTc0NDI0
The report titled "UAE Automotive Aftermarket Service Industry Outlook to 2026: Driven by increasing number of startups and consumers shifting preference towards online and organized sector" provides a comprehensive analysis on the status of aftermarket service industry in UAE. The report covers various aspects including automotive aftermarket service industry market size on the basis of revenue and number of vehicles serviced, value chain analysis, ecosystem of major entities in aftermarket service industry in UAE, trends & developments, issues & challenges faced by the industry, government regulations, SWOT Analysis, Porter 5 forces analysis, key decision making parameters of OEM and multi brand vehicle servicing companies, pain points in OEM and multi brand aftersales workshops, opportunities in OEM and multi brand aftermarket industry, market size of spare parts aftermarket industry in UAE, ecosystem by different type of spare parts & consumables market, competition in OEM and multi brand aftermarket service industry, pricing packages of OEM and multi brand automotive service companies and other aspects. Further, the report focuses on the UAE Four Wheeler Aftermarket Service Industry Segmentation by Type of Workshop (OEM/Authorized, Large Multi Brand, and Small/Unorganized Workshops); by Type of Vehicle Serviced (Sedans, SUVs, Hatchbacks, MPVs and Crossover); by Age of Car (0-2 Years, 2-4 Years, 4-6 Years, 6-8 Years, 8-13 Years and Above 13 Years); by Region (Dubai, Abu Dhabi, Sharjah, and other Emirates); by Booking Mode (Online, and offline); By Car Brand (Toyota, Nissan & Renault, Mitsubishi, Hyundai, BMW, General Motors, Ford, Fiat, and Others); and by Service Split (Non-Crash Repair, Crash Repair, and Body Care).
UAE Four Wheeler Aftermarket Service Industry report concludes with projections for the future of the industry including forecasted revenue and number of vehicle serviced by 2026, and analysts' take on the future highlighting the major opportunities.
Key Segments Covered in UAE Four Wheeler Aftermarket Service Industry
UAE Four Wheeler Aftermarket size by
Revenue
Number of Vehicles Serviced
Market Segmentation By Type of Vehicle Serviced
Sedan
SUV
Hatchback
MPVs
Crossover
Market Segmentation By Age of Car
0-2 Years
2-4 Years
4-6 Years
6-8 Years
8-13 Years
Above 13 Years
Request For Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTc0NDI0
Market Segmentation By Region
Dubai
Abu Dhabi
Sharjah
Other Emirates
Market Segmentation By Booking Mode
Online
Offline
Market Segmentation By Car Brand
Toyota
Nissan & Renault
Hyundai
BMW
Ford
Fiat
Market Segmentation By Service Split
Non-Crash Repair
Crash Repair
Body Care
UAE Spare Parts Aftermarket Segmentation
By Expenditure Category
Spare Parts
Consumables
By Type of Spare Parts
Engine components
Electricals and Electronic Components
Suspension and Braking
Consumables and Miscellaneous
Cooling Systems
Body & Chassis
By Type of consumables
Battery
Oil, fluid & filter
Tires
Others
Key Target Audience
Automotive Companies
OEM Vehicle Service Companies
Multi Brand Vehicle Service Companies
Automotive Spare Parts Companies
Government Bodies
Automotive Associations
Time Period Captured in the Report:
Historical Period: 2016-2021
Forecast Period: 2021-2026
Automotive Aftermarket Service Companies in UAE:
OEM/Authorized Vehicle Service Companies
Toyota
Nissan & Renault
Mitsubishi
Hyundai
BMW
Ford
Spare Part Suppliers
3M
Delphi Technologies
DENSO Corporation
Magneti Marelli S.P.A
ZF Services Middle East
Battmobile (Battery)
AutoPlus
Key Topics Covered in the Report
UAE Four Wheeler Aftermarket Service Industry Overview
Comparison of UAE Automotive Industry with other Countries
UAE Four Wheeler Aftermarket Service Industry Segmentation, FY'21
Competitive Landscape of UAE Four Wheeler Aftermarket Service Industry
Pricing Packages of Major OEM Automotive Service Companies
Pricing Packages of Major Multi Brand Automotive Service Companies
Trends in UAE Four Wheeler Aftermarket Service Industry
Issues and Challenges in UAE Four Wheeler Aftermarket Service Industry
SWOT Analysis of UAE Four Wheeler Aftermarket Services Industry
Government Regulations in the UAE Four Wheeler Aftermarket Services Industry
Comparing Car Servicing Decision Parameters in UAE
Analysis of Multi-Brand and OEM Workshops in UAE
Operating Model of Spare parts in UAE
Ecosystem by Different Type of Spare Parts and Consumables Market in UAE
Future Outlook and Projections of the UAE Four Wheeler Aftermarket and Spare Parts Industry, 2021-2026E
Future Market Size of UAE Four Wheeler Aftermarket Service Industry on the basis of Number of Vehicles Serviced, FY'21-FY'26E
Future Market Size of UAE Four Wheeler Aftermarket Service Industry on the basis of Revenue, 2021-2026E
Related Reports
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/indonesia-automotive-aftermarket-service-market-outlook-to-2026/444310-100.html
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/malaysia-automotive-aftermarket-service-market-outlook-to-2025/427145-100.html
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
support@kenresearch.com
+91-9015378249
Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India
Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Due to rapid urbanization and growth of passenger vehicle sales, along with shifting preference of consumers from availing public transportation to private four-wheeler vehicles by advent of COVID-19 is fuelling the expansion of Four-wheeler Aftermarket S here
News-ID: 2674248 • Views: …
More Releases from Ken Research Pvt Ltd
Increase in cybercrime results in India Digital Forensic Market to rise, with an …
With the rise in digital threats and cybercrimes, India Digital Forensic Market makes successive changes like integration of Artificial Intelligence, and marking its overall growth.
STORY OUTLINE
Using techniques like Data Recovery, Log Analysis and more, India Digital Forensic Market enhances its Computer Forensics.
Upgrades towards Network and Mobile Forensics are improving in cyber threats prevention, marking its increase in efficiency and security.
With the incorporation of Cloud Based services, advanced methods and easy…
Global Health Insurance market is expected to grow at a CAGR of ~6% by 2028: Ken …
Due to recent pandemic of Covid 19 health insurance market has grabbed growth ensuring economic help to comman man for better health care facilities with easy money handling and increasing awareness especially after COVID 19.
STORY OUTLINE
Launch of new policies, mergers, acquisitions and partnerships to propel growth in future
Covid 19 has a huge impact on the health insurance market on Global level.
Factors, which are responsible for the growth, are the higher…
Exploring the Investment Landscape in the UK Agricultural Equipment Market
Anticipated to achieve a CAGR of approximately 3.5% (2022-2027), the UK's agricultural equipment market expanded between 2014 and 2018, yet faced a significant downturn in 2019-2020 due to COVID-19.
STORY OUTLINE
The investment landscape in the UK agricultural equipment market is diverse, offering a spectrum of opportunities from established manufacturers to startups driving disruptive change.
Investors can benefit from the technological prowess of leading manufacturers like John Deere, CNH Industrial, and AGCO Corporation…
Unveiling the Thriving Landscape of UAE's IT Service Market
The IT services sector encompasses a diverse range of offerings, including but not limited to Cloud services, Cloud Applications, Datacenters, Artificial Intelligence (AI), Consulting Services, Connectivity Solutions, Security services, and other related services.
STORY OUTLINE
Digital Transformation Drive: UAE's IT market thrives on visionary government initiatives like "Smart Dubai" and "UAE Vision 2021," spurring sectoral evolution.
Cloud's Ascendancy: Rapid cloud adoption, coupled with AI, IoT, and blockchain, reshapes industries for scalability and innovation.
Security…
More Releases for UAE
Ashish Jain, a Renowned Fund Manager Expands into UAE Real Estate in UAE
Dubai - Ashish Jain, a world-renowned fund manager and CEO of Fortune Capital, Fortune Wealth, and the newly launched Alieus Hedge Fund, is stepping into the UAE real estate market as part of his latest strategic expansion. This move marks Jain's entry into the thriving property market, further cementing his reputation as a leader in global finance and innovation.
Image: https://www.getnews.info/uploads/9b42e4a62bfaef7aaf02043c03240d75.jpg
A Visionary Leader in Finance
With over 15 years of experience in…
Fitness Equipment Market UAE | UAE Fitness Market Revenue | Member Penetration U …
The fitness services means any service treatment, diagnosis, advice or instruction concerning to the physical fitness, comprising but not restricted to diet, body building, cardio-vascular fitness, or physical training programs and which you function as or on behalf of the named insured. The fitness services market is commonly propelled by the increasing concerns over the healthy lifestyles around the populace throughout the UAE. Growing health awareness concerning the advantages of…
UAE Fitness Services Market, UAE Fitness Services Industry, Covid-19 Impact UAE …
A strong growth has been witnessed with a considerable expansion in the number of boutique and budget fitness centers directly contributing to the economy.
High Obese and Obesity Rate: Increase in membership rate in UAE fitness centers due to the prevalence of high obese population and obesity rate (Adult obesity in the UAE stood at 27.8% in 2019) has positively affected the market.
Growth of Ladies Fitness Center: Opening up…
wifi solution in uae
Welcome to MAK, Wifi solutions provider in UAE. We bring everything that you would expect from an internet service provider – a highly professional installation and setup, high internet speed, a reliable network, great technical support and customer service to create a remarkable experience for the users, thereby remaining the most trusted WiFi Solutions provider in Dubai and across UAE.
Designing Efficient and Cost Effective Home Wifi Networks
Keep the connections to…
UAE Nuclear Power Sector UAE Nuclear Power Sales Report
For Report Sample Contact: neeraj@kuickresearch.com or +91-11-47067990
Report Table of Contents
1. UAE Power Sector Scenario
1.1 Existing Power Generation Outlook
1.2 Current & Projected Power Demand
2. Why UAE Energy Policy beyond Oil & Gas?
3. UAE Nuclear Power Sector Overview
3.1 UAE Entering into Nuclear Power Sector
3.2 Nuclear Policy Overview
4. UAE Nuclear Power Sector Dynamics
4.1 Favorable Parameters
4.2 Nuclear Power Sector…
UAE Power Sector Analysis
UAE is a rapidly growing economy whose electricity sector needs are anticipated to increase upto 50% in order to meet its growing demand for power, by the year 2020. UAE also has one of the highest levels of per capita power consumption across the globe. The electricity consumption in the UAE region is slated to cross 100 TWh by 2012, putting pressure on the supply side. In fact, the power…
