Middle East Auto Component Market Expected to Achieve CAGR of 7% By 2030 Driven by Rising Vehicle Production

The Middle East Auto Component Market is poised for significant growth, projected to expand at a CAGR of around 7% during the forecast period of 2025-2030. Several factors are fueling this growth, including an increasing high-income population, a surge in vehicle production and sales across the region, and a robust influx of migrants and tourists, particularly in the UAE. The demand for auto components such as batteries, tires, brake components, lubricants, and filters is on the rise, driven by ongoing and upcoming infrastructural developments aimed at diversifying economies away from oil and gas dependency.

Additionally, the rising popularity of e-commerce, driven by the logistics and transportation sectors, is further enhancing the demand for automotive parts. As governments continue to invest in construction projects, heavy commercial vehicles and OTR (Off-the-Road) vehicles are expected to witness burgeoning demand, further spurring the Middle East Auto Component Market's growth.

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Middle East Auto Component Market Forecast

• Strong Demand Growth: The Middle East Auto Component Market is set to benefit from increasing vehicle registrations and ownership levels, particularly in emerging economies.

• Increasing Aftermarket Share: An uptick in used vehicle sales is leading to greater demand for replacement auto components.

• Technological Advancements: Innovations in automotive technology will drive the demand for high-performance components across various vehicle types.

• Growth of E-commerce Platforms: The rise of online purchasing options for auto components will enhance market accessibility for consumers.

• Infrastructural Investments: Ongoing investment in transportation and logistics infrastructure will further stimulate the Middle East Auto Component Market demand for heavy-duty vehicles and their components.

Middle East Auto Component Industry Competitive Landscape

The competitive landscape of the Middle East Auto Component Market features several prominent players, focusing on innovation and market penetration strategies to secure their positions. Key companies include:

• Johnson Control International Plc

• Goodyear Middle East FZE

• Robert Bosch Middle East

• ExxonMobil Middle East Marketing Corp.

• Shell Markets Middle East

• AC Delco Middle East and Africa

• Amaron Batteries

• Michelin AIM FZE

• The Yokohama Rubber Co. Ltd.

• Bridgestone Middle East and Africa FZE

• Others

These companies are actively enhancing their product offerings and expanding their reach within the Middle East Auto Component Market to meet the growing consumer demand.

Key Takeaways from the Middle East Auto Component Market Report

The Middle East Auto Component Market is anticipated to experience significant growth from 2025 to 2030, driven by increasing vehicle ownership, expanding e-commerce platforms, and active government investments in infrastructure. The UAE is projected to exhibit the highest growth potential within the region, making it a key focus area for auto component manufacturers. This growth is complemented by the rising trend toward vehicle customization and the increasing need for aftermarket products to support the expanding population of used vehicles.

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Middle East Auto Component Market Segmentation

By Vehicle Type

> Passenger Cars-Market Size & Forecast 2020-2030, Thousand Units

> Commercial Vehicles-Market Size & Forecast 2020-2030, Thousand Units

> OTR-Market Size & Forecast 2020-2030, Thousand Units

> Two Wheelers-Market Size & Forecast 2020-2030, Thousand Units

By Component Type

> Filters-Market Size & Forecast 2020-2030, Thousand Units

> Lubricants-Market Size & Forecast 2020-2030, Thousand Units

> Tires-Market Size & Forecast 2020-2030, Thousand Units

> Brake Components-Market Size & Forecast 2020-2030, Thousand Units

> Battery-Market Size & Forecast 2020-2030, Thousand Units

By Distribution

> OEMs-Market Size & Forecast 2020-2030, Thousand Units

> Replacement-Market Size & Forecast 2020-2030, Thousand Units

By Country

> UAE

> Saudi Arabia

> Iran

> Israel

> Oman

> Kuwait

> Qatar

> Rest of Middle East

1. Based on Vehicle Type: Passenger Cars Segment Held Largest Share

Passenger cars dominate the Middle East Auto Component Market with the largest share. It owes to the increasing passenger vehicle fleet size to cater to the ever-growing consumer inclination toward private vehicle ownership, the high living standards of people, and the ease of commute that comes with private vehicles.

2. Based on Component Type: Tires Hold a Significant Market Share

Tires hold a significant market share among all auto components. It owes to the increasing availability of various tires in different price categories, ranging from Budget, Economy, to Premium, all of which exhibit high performance & excellent driving experiences on varied terrains, coupled with the growing focus of manufacturers on developing high-end tires in order to meet evolving consumer demands for better efficiency & durability.

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Frequently Asked Questions (FAQs)

• What is the projected CAGR for the Middle East Auto Component Market during 2025-2030?

• Which factors are primarily driving the growth of the Middle East Auto Component Market?

• What are the top companies operating in the Middle East Auto Component Market?

• Which country is expected to have the highest growth potential in the Middle East Auto Component Market from 2025 to 2030?

• What trends are emerging in the Middle East Auto Component Market related to e-commerce and online sales?

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