Saudi Arabia Vehicle Repair and Maintenance Market, Segmented By Service Area, By Vehicle Type, By Service Provider, By Channel, By Customer Segment, By Region, By Company, Forecast & Opportunities, 2017- 2027F

Saudi Arabia 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 Arabia 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 Arabia 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 Arabia vehicle repair and maintenance market in the next five years.

The Saudi Arabia 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 Arabia vehicle repair and maintenance market.

Years considered for this report:

• Historical Years: 2017 - 2020
• Base Year: 2021
• Estimated Year: 2022
• Forecast Period: 2023 - 2027

Objective of the Study:

• To analyze the market size of Saudi Arabia vehicle repair and maintenance market from 2017 to 2021.

• To estimate and forecast the market size of Saudi Arabia vehicle repair and maintenance market from 2022 to 2027 and growth rate until 2027.

• To classify and forecast Saudi Arabia 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 Arabia vehicle repair and maintenance market.

• To identify drivers and challenges for Saudi Arabia vehicle repair and maintenance market.

• To examine competitive developments such as expansions, new software launches, mergers & acquisitions, etc., in Saudi Arabia vehicle repair and maintenance market.

• To identify and analyze the profile of leading players operating in Saudi Arabia vehicle repair and maintenance market.

• To identify key sustainable strategies adopted by market players in Saudi Arabia vehicle repair and maintenance market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers and software developers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers that could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, software developing companies, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of Saudi Arabia vehicle repair and maintenance market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci 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 TechSci Research.

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 market opportunities.

Report Scope:

In this report, Saudi Arabia 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 Saudi Arabia vehicle repair and maintenance market.

Available Customizations:

With the given market data, TechSci Research 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).