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The Saudi Arabian Vehicle Repair and Maintenance Market value in 2021 was USD1317.12 Million and is anticipated to grow further with a CAGR of 5.92% during the forecast period to achieve a market value of USD1882.94 Million by 2027. The market growth can be attributed to expanding automotive industry in the country. Growing demand for automobiles and ownership of premium and exquisite vehicles further drives the growth of the Saudi Arabian Vehicle Repair and Maintenance Market in the upcoming five years. Rapidly expanding sales of passenger cars and rising disposable income among the population facilitate the growth of the Saudi Arabian Vehicle Repair and Maintenance Market in the next five years. Moreover, Saudi Arabia is a leisure destination for the global population, and the off-road activities in the desert lands are rapidly growing, thus aiding the growth of the Saudi Arabian Vehicle Repair and Maintenance Market in the next five years. Speak directly to the analyst to clarify any post sales queries you may have.
10% Free customizationThis report comes with 10% free customization, enabling you to add data that meets your specific business needs.
The Saudi Arabian Vehicle Repair and Maintenance Market is segmented by service area, vehicle type, service provider, channel, customer segment, regional distribution, and competitional landscape. Based on the service area, the market is further segmented into automotive mechanical and electrical parts, automotive body parts, tire, paint, interior parts, glass, paint protection and coating, maintenance, vehicle care, and quick services. By vehicle type, the market is fragmented into passenger cars, heavy commercial vehicles, light commercial vehicles, and medium commercial vehicles. Passenger cars are anticipated to hold the largest revenue shares of the market and dominate the market segment due to the rising population of the country and growing demands for the ownership of the premium passenger cars in the country. Based on the service provider, the market is bifurcated into automobile manufacturers, general franchise repairs, and locally owned repair shops. By channel, the market is differentiated between online and offline. Based on customer segment, the market is distinguished between B2B and B2C. The market is also discussed among the country's regions as in Al-Riyadh, Eastern Region, Makkah Al-Mokarramah, Aseer, Al-Qaseem, and others.
Abdul Latif Jameel IPR Company Limited, SMC Auto Service Broker LLC, Ezhalha, E.A. Juffali & Brothers (Juffali Automotive Company), Al Jazirah Vehicles Agencies Co. Ltd., Petromin Corporation, Al Jomaih Group (ACDelco Service Centers), Haji Husein Alireza & Co. Ltd., Mohamed Yousuf Naghi & Brothers Group, Aljabr Group, are among the major market players in the Saudi Arabia platform that lead the market growth of the Saudi Arabian Vehicle Repair and Maintenance Market.
Years considered for this report:
Historical Years: 2017 - 2020Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023 - 2027
Objective of the Study:
- To analyze the market size of the Saudi Arabian Vehicle Repair and Maintenance Market from 2017 to 2021.
- To estimate and forecast the market size of the Saudi Arabian Vehicle Repair and Maintenance Market from 2022 to 2027 and growth rate until 2027.
- To classify and forecast the Saudi Arabian Vehicle Repair and Maintenance Market based on by service area, vehicle type, service provider, channel, customer segment, regional distribution, and competitional landscape.
- To identify dominant region or segment in the Saudi Arabian Vehicle Repair and Maintenance Market.
- To identify drivers and challenges for the Saudi Arabian Vehicle Repair and Maintenance Market.
- To examine competitive developments such as expansions, new software launches, mergers & acquisitions, etc., in the Saudi Arabian Vehicle Repair and Maintenance Market.
- To identify and analyze the profile of leading players operating in the Saudi Arabian Vehicle Repair and Maintenance Market.
- To identify key sustainable strategies adopted by the market players in the Saudi Arabian Vehicle Repair and Maintenance Market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of service providers and software developers across the country. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the service providers that could not be identified due to the limitations of secondary research. The publisher Research analyzed the service providers, software developing companies, distribution channels and presence of all major players across the country.
The publisher calculated the market size of the Saudi Arabian Vehicle Repair and Maintenance Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these software and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the publisher.
Key Target Audience:
- Service providers, software developers
- Suppliers, distributors, and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances related to vehicle repair and maintenance
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, software developing companies, suppliers, partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the Saudi Arabian Vehicle Repair and Maintenance Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Saudi Arabia Vehicle Repair and Maintenance Market, By Service Area:
- Automotive Mechanical and Electrical Parts
- Maintenance Service
- Automotive Body Parts
- Vehicle Care Services
- Glass
- Paint
- Quick Services
- Tire
- Interior Parts
- Paint Protection and Coating Services
Saudi Arabia Vehicle Repair and Maintenance Market, By Vehicle Type:
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Medium Commercial Vehicle
Saudi Arabia Vehicle Repair and Maintenance Market, By Service Provider:
- Franchise General Repairs
- Automobile Manufacturers
- Locally Owned Repair Shops
Saudi Arabia Vehicle Repair and Maintenance Market, By Channel:
- Offline
- Online
Saudi Arabia Vehicle Repair and Maintenance Market, By Customer Segment:
- B2C
- B2B
Saudi Arabia Vehicle Repair and Maintenance Market, By Region:
- Al-Riyadh
- Eastern Region
- Makkah Al-Mokarramah
- Aseer
- Al-Qaseem
- Others
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Saudi Arabian Vehicle Repair and Maintenance Market.Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs. The following customization options are available for the report:Company Information
Detailed analysis and profiling of additional market players (up to five).Table of Contents
1. Service Overview2. Research Methodology3. Executive Summary4. Impact of COVID-19 on Saudi Arabia Vehicle Repair and Maintenance Market12. Market Trends and Developments13. Policy & Regulatory Landscape14. Saudi Arabia Economic Profile16. Strategic Recommendations
5. Voice of Customer
6. Saudi Arabia Vehicle Repair and Maintenance Market Outlook
7. Saudi Arabia Passenger Car Repair and Maintenance Market Outlook
8. Saudi Arabia Light Commercial Vehicle Repair and Maintenance Market Outlook
9. Saudi Arabia Heavy Commercial Vehicle Repair and Maintenance Market Outlook
10. Saudi Arabia Medium Commercial Vehicle Repair and Maintenance Market Outlook
11. Market Dynamics
15. Competitive Landscape
List of Figures
Companies Mentioned
- Abdul Latif Jameel IPR Company Limited
- SMC Auto Service Broker LLC
- Ezhalha
- E.A. Juffali & Brothers (Juffali Automotive Company)
- Al Jazirah Vehicles Agencies Co. Ltd.
- Petromin Corporation
- Al Jomaih Group (ACDelco Service Centers)
- Haji Husein Alireza & Co. Ltd.
- Mohamed Yousuf Naghi & Brothers Group
- Aljabr Group
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 99 |
Published | July 2022 |
Forecast Period | 2017 - 2027 |
Estimated Market Value ( USD | $ 1158.37 Million |
Forecasted Market Value ( USD | $ 1882.94 Million |
Compound Annual Growth Rate | 4.9% |
Regions Covered | Saudi Arabia |
No. of Companies Mentioned | 10 |