Publisher: Maaal International Media Company
License: 465734
The latest report from Ken Research projects a significant growth trajectory for the KSA Automotive Aftersales Service Market. The market, encompassing diverse segments like crash repair, mechanical repair, auto care, quick lube, and spare parts, is estimated to reach a valuation of approximately SAR 2.5 billion by 2025.
The report identifies several key trends shaping the market, including a preference for non-agency workshops, digitalization, and the rising prominence of multi-brand workshops. These trends are catalyzing a dynamic shift in the automotive aftersales landscape in Saudi Arabia.
Prominent players in the crash repair segment include Auto Hub, SKM BMW, and Wallan Group, while the quick lube segment is marked by the presence of leading brands like Castrol and Mobil 1. The auto care segment includes names such as Ziebart and Auto Fix.
The government’s strategic efforts, including the National Industrial Cluster Development Program, are actively supporting the automotive industry’s growth. This is part of a broader strategy to reduce oil dependency and promote industrial development, contributing to the aftersales market’s expansion.
The report highlights the role of digital skills training in enhancing labor quality, a crucial factor in improving service operations across the industry.
Saudi Arabia is developing car manufacturing clusters, aiming to become a hub for ICE, Electric, and Fuel Cell vehicles in the MENA region. This development is further supported by a notable reduction in import volumes and an increase in domestic manufacturing capabilities.
While challenges such as dependency on international OEMs and high costs of vehicle procurement exist, opportunities like rising digitization, government impetus, and changing demographics present significant growth potential for the market.
Ken Research’s comprehensive report offers crucial insights for stakeholders, including detailed market segmentation, analysis of consumer behavior, and strategic recommendations for navigating the evolving market landscape.
The KSA Automotive Aftersales Service Market is a dynamic and rapidly growing sector, offering substantial opportunities for both local and international players. This report serves as an essential guide for understanding and capitalizing on the market’s potential.