United Arab Emirates (UAE) Motor Vehicle Parts Market (2024-2030) | Forecast, Share, Value, Revenue, Trends, Size, Companies, Industry, Outlook, Analysis & Growth

United Arab Emirates (UAE) Motor Vehicle Parts Market Synopsis

The United Arab Emirates (UAE) Motor Vehicle Parts Market experienced substantial growth during the period 2020-2026. Motor vehicle parts encompass a wide range of components used in automobiles, including engines, brakes, suspension systems, electrical systems, and body parts. The market`s expansion was driven by factors such as the UAE robust automotive industry, the growing demand for aftermarket parts, and the emphasis on vehicle safety and performance.

Drivers of the Market

Several factors acted as drivers for the growth of the UAE motor vehicle parts market. Firstly, the UAE flourishing automotive industry, including the presence of major automobile manufacturers, dealerships, and assembly plants, contributed to the demand for original equipment manufacturer (OEM) parts and components. Secondly, the increasing popularity of motor vehicle customization and aftermarket modifications led to a rise in the demand for aftermarket parts and accessories. Additionally, the UAE government`s focus on road safety and vehicle regulations drove the demand for high-quality and compliant vehicle parts.

Challenges of the Market

The market also encountered specific challenges during the forecast period. One of the primary challenges was the competition from counterfeit and substandard vehicle parts, which posed safety risks and undermined the market for genuine and certified parts. Moreover, fluctuations in raw material prices and import tariffs impacted the production costs and pricing of motor vehicle parts. Additionally, the Covid-19 pandemic led to temporary disruptions in the automotive supply chain and dealership operations, affecting the demand for vehicle parts.

Covid-19 Impact on the Market

The outbreak of the Covid-19 pandemic had a significant impact on the UAE motor vehicle parts market. During the initial stages of the pandemic, the automotive industry experienced a decline in vehicle sales and production, leading to reduced demand for OEM parts. However, as economic activities resumed and individuals sought private transportation options, the demand for vehicle repairs and aftermarket parts picked up. The pandemic also highlighted the importance of maintaining and servicing vehicles, leading to increased focus on vehicle maintenance.

Key Players of the Market

Several key players dominated the UAE motor vehicle parts market during the specified period. These companies were involved in the manufacturing, distribution, and retail of a wide range of motor vehicle parts and components. Some of the prominent players included Al Futtaim Automotive Group, Galadari Brothers Group, Al Habtoor Motors, and Central Trading Company LLC. These companies` partnerships with automobile manufacturers, extensive dealership networks, and product range contributed to their significant market share in the UAE.

Key Highlights of the Report:

• United Arab Emirates (UAE) Motor Vehicle Parts Market Outlook
• Market Size of United Arab Emirates (UAE) Motor Vehicle Parts Market, 2023
• Forecast of United Arab Emirates (UAE) Motor Vehicle Parts Market, 2030
• Historical Data and Forecast of United Arab Emirates (UAE) Motor Vehicle Parts Revenues & Volume for the Period 2020-2030
• United Arab Emirates (UAE) Motor Vehicle Parts Market Trend Evolution
• United Arab Emirates (UAE) Motor Vehicle Parts Market Drivers and Challenges
• United Arab Emirates (UAE) Motor Vehicle Parts Price Trends
• United Arab Emirates (UAE) Motor Vehicle Parts Porter's Five Forces
• United Arab Emirates (UAE) Motor Vehicle Parts Industry Life Cycle
• Historical Data and Forecast of United Arab Emirates (UAE) Motor Vehicle Parts Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Motor Vehicle Parts Market Revenues & Volume By Motor Vehicle Body, Metal Stamping & Other Parts for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Motor Vehicle Parts Market Revenues & Volume By Motor Vehicle Engine, Power Train & Parts for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Motor Vehicle Parts Market Revenues & Volume By Motor Vehicle Electrical & Electronic Equipment, Steering Suspension, & Interiors for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Motor Vehicle Parts Market Revenues & Volume By Application for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Motor Vehicle Parts Market Revenues & Volume By Passenger Vehicle for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Motor Vehicle Parts Market Revenues & Volume By Commercial Vehicle for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Motor Vehicle Parts Market Revenues & Volume By Industrial Vehicle for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Motor Vehicle Parts Market Revenues & Volume By End-users for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Motor Vehicle Parts Market Revenues & Volume By OEM for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Motor Vehicle Parts Market Revenues & Volume By Aftermarket for the Period 2020-2030
• United Arab Emirates (UAE) Motor Vehicle Parts Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By End-users
• United Arab Emirates (UAE) Motor Vehicle Parts Top Companies Market Share
• United Arab Emirates (UAE) Motor Vehicle Parts Competitive Benchmarking By Technical and Operational Parameters
• United Arab Emirates (UAE) Motor Vehicle Parts Company Profiles
• United Arab Emirates (UAE) Motor Vehicle Parts Key Strategic Recommendations