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Egypt Four-Wheeler Aftermarket Service Industry is expected to grow at a CAGR of 19% between 2021 and 2027 in terms of Revenue: Ken Research

09-02-2022 07:38 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ken Research Pvt .Ltd

Egypt Four-Wheeler Aftermarket Service Industry is expected

Key Findings

Egypt's automotive aftermarket is accelerating and has been dubbed "one of Africa's most exciting markets" as its motoring population and vehicle sales grow rapidly
E-commerce is fast emerging as a significant aftermarket force through highly visible platforms such as Odiggo, Egyparts and Amazon Egypt.
A burgeoning population, vehicle sales growth, is fueling a boom in Egypt's automotive aftermarket industry and government moves to combat auto emissions.

Egypt Automotive Aftermarket Market Growth: The growth has fed into the aftermarket, with the country now being home to one of Africa's largest vehicle fleets with around six million vehicles on the country's roads, with the majority - approximately 5.0 million - being passenger cars. The car parc is further expected by ~5% in the next five years. Most passenger cars are petrol-powered, while many commercial vehicles rely on diesel engines but that could soon change. The government is increasing the share of dual-fuel cars, which can use both petrol and compressed natural gas (CNG). Around 300,000 vehicles in Egypt already use CNG. This number will likely increase further over the next years.

Emergence of E-Commerce: E-commerce is fast emerging as a significant aftermarket force through highly visible platforms such as Odiggo, Tawfiqia, Egyparts and Amazon Egypt. The Egyptian aftermarket is ripe for growth and to offer up great opportunities for parts producers, distributors, and service providers, but increasing competition from local producers may mean overseas suppliers will need to invest in their own on-the-ground structures or seek out ways to add value locally to increase market shares.

For More Detail @ https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/egypt-automotive-aftermarket-service-industry-outlook/581652-100.html

Egypt Automotive Aftermarket Service Market Revenue

Government moves to combat auto emissions: Egypt is also taking bold steps to replace internal combustion engines with more environmentally friendly alternatives. Last year the government announced an initiative to encourage consumers to replace old vehicles for new ones operating on CNG engines with extended credit facilities among its green program incentives.

Brand make-up of the country: Even the brand make-up of the country's vehicle fleet is changing. The significant market shares held by Chevrolet/Isuzu, Hyundai, Toyota, and Nissan could be eroded by the entry of European and Chinese brands fueled by preferential import duties.

Growth in local manufacturing: Change is also coming to Egypt's heavily import-driven aftermarket, which is dominated by Asian suppliers, namely China, Korea, and Japan. However, Germany and the US now rank among the country's top ten suppliers of parts and components and globally leading brands enjoy relatively high market shares for crucial parts. But the local component manufacturing market is gaining ground and supplying local vehicle assemblers, the aftermarket and export markets with a range of batteries, brake parts, wiring and filets.

The report titled "Egypt Automotive Aftermarket Service Industry Outlook to 2027: Driven by burgeoning population, vehicle sales growth and government moves to combat auto emissions" provides a comprehensive analysis on the status of aftermarket service industry in Egypt. The report covers various aspects including automotive aftermarket service industry market size on the basis of revenue and number of vehicles serviced, ecosystem of major entities in aftermarket service industry in Egypt, trends & developments, issues & challenges faced by the industry, government regulations, SWOT Analysis, Porter 5 forces analysis, 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 Egypt, ecosystem by different type of spare parts & consumables market, competition in OEM Workshops, and other aspects. Further, the report focuses on the Egypt Four Wheeler Aftermarket Service Industry Segmentation by Type of Workshop (Organized Multi-Brands and OEMs); 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, Above 8 Years); by Region (Greater Cairo, Alexandria, Mansour, Delta and Suez Canal, and Others); by Booking Mode (Online, and offline); By Car Brand (Chevrolet, Toyota, Hyundai, Nissan, Kia, and Others); and by Service Split (Mechanical and Electrical, General, Body Care, Body Repair).

Request for Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTgxNjUy

Egypt Four Wheeler Aftermarket Service Industry report concludes with projections for the future of the industry including forecasted revenue and number of vehicle serviced by 2027, and analysts' take on the future highlighting the major opportunities.

Key Segments Covered in Egypt Four Wheeler Aftermarket Service Industry

Egypt Four Wheeler Aftermarket size by
Revenue generated
Number of Vehicles Serviced
Market Segmentation By Type of Workshop
Organized Multi-Brands
OEMs
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
Above 8 Years

Market Segmentation By Region
Greater Cairo
Alexandria
Mansour, Delta and Suez Canal
Others
Market Segmentation By Booking Mode
Online
Offline
Market Segmentation By Car Brand
Chevrolet
Toyota
Hyundai
Nissan
Kia
Others
Market Segmentation By Service Split
Mechanical and Electrical
General
Body Care
Body Repair
Egypt Spare Parts Aftermarket Segmentation

By Expenditure Category
Services
Spare Parts & Consumables
Key Target Audience

Request for Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTgxNjUy

Automotive Companies
OEM Vehicle Service Companies
Multi Brand Vehicle Service Companies
Automotive Spare Parts Companies
Time Period Captured in the Report:

Historical Period: FY'2016-FY'2021
Forecast Period: FY'2021-FY'2027
Automotive Aftermarket Service Companies in Egypt:

OEMs
Ghabbour Auto Group
Al-Mansour Automotive
Abou Ghaly Motors
Ezz-Elarab Automotive Group
Kasrawy Group
El-Nasr Automotive
Star National Automotive
El-Tarek Automotive
National Motors
Organized Multi-Brand Players
Car Viseta
SIXT
FMS Egypt
MAYDAY Assistance Services
7 Cylinders
Auto Zone
Auto Spot Service Centre
Car Clinic
Spare-Part Importers
SMG Engineering Automotive Company
Ezzat Kamel Co.
Tiba Auto Spare Parts
El-Watania Auto Parts
Ramtrade
El-Magd
Nossir Auto Parts
A-Part
Key Topics Covered in the Report

Egypt Four Wheeler Aftermarket Service Industry Overview
Comparison of Egypt Automotive Industry with other Countries
Vehicle Parc in Egypt, FY'16-FY'21
Egypt Four Wheeler Aftermarket Service Industry Segmentation, FY'21
Comparison of Top Offline Workshops for Car Servicing in Egypt
Analysis of Multi-Brand and OEM Workshops in Egypt
Spare Parts Landscape in Egypt
Operating Model of Spare parts in Egypt
Market Size of Spare Parts Aftermarket in Egypt
Ecosystem of Major Entities in Spare Parts and Consumables Industry in Egypt
Future Outlook of the Four Wheeler Aftermarket Services Industry in Egypt
Future Market Size on the basis of Revenue and Number of Vehicles Serviced, 2021-2027E
Future Market Size of Spare Parts Aftermarket in Egypt

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

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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.

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