The Middle East Auto Component Market size is expected to grow at a CAGR of around 7% during the forecast period, i.e., 2025-30. Most of the market expansion would be driven by the high-income population and the mounting influx of migrants & tourists, especially in the UAE. Consequently, the ever-increasing vehicle production & sales are augmenting the demand for different auto components, such as brake parts, batteries, lubricants, tires, & filters, among others, across the entire Middle East. According to MarkNtel Advisors Study.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Middle East Auto Component Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- 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
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – 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 are looking forward to strengthening their market positions.
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