Product Code: ETC018659 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The automotive transmission parts market in Saudi Arabia is expected to register a CAGR of 5.6% during the forecast period (2025-2031). The rising demand for luxury vehicles, coupled with increasing consumer spending power and the need to reduce emission levels are some of the major factors driving the growth of the automotive transmission parts market in Saudi Arabia. Additionally, an increase in government initiatives towards improving infrastructure and setting up manufacturing plants along with technological advancements such as automated manual transmissions (AMT) are further contributing to market growth.
The growing demand for luxury vehicles has significantly increased over time due to various lifestyle changes among consumers. This shift can be attributed to several factors, including increasing disposable incomes, changing preferences toward modern lifestyles, and availability of international brands at comparatively lower prices compared to other countries. Moreover, advancements in technology have made luxury cars more reliable and easy-to-use than ever before while also making them affordable for a larger population base. This has resulted into significant rise in sales of luxury vehicles that use advanced transmission systems which require specialized components leading towards an increased demand for automotive transmission parts across Saudi Arabia region offering lucrative opportunities for market players operating here. The government bodies are actively introducing policies encouraging foreign direct investments by providing tax incentives & subsidies along with establishing special economic zones which enable manufacturers from different regions across globe access local markets easily thereby stimulating competition within domestic arena leading towards improved products or services offerings at competitive prices resulting into high end customer satisfaction ultimately fostering overall industry development generating abundant opportunities propelling overall industry growth significantly over coming times . Furthermore , installation setup cost reduction schemes offered further enhances company??s revenue generation potential thus allowing it make most out its presence within regional landscape contributing positively towards expansion strategies adopted by majority players.
Automotive transmissions play a crucial role when it comes to performance optimization as they help regulate acceleration rates on roadways apart from providing comfortable driving experience without raising engine load beyond accepted values . In addition they provide smooth gear shifting operations enhancing fuel efficiency ,vehicle speed control capability etc however their costs associated remain relatively higher preventing numerous vehicle owners from opting them eventually impeding their sales adversely hampering current industry scenario . Henceforth majority companies adopt aggressive pricing strategies enabling customers purchase quality products or services solutions.
Additionally, with regards to COVID-19 pandemic impact, the spread of coronavirus has adversely affected majority industries across globe including automotive industry by raising manufacturing costs due to disruption in supplier chain activities along with decreasing customer demand due to lockdown measures adopted by various nations that has resulted into significant decline in vehicle sales worldwide during Q2 & Q3 2025 which further led to decrease demand for related components such as transmissions parts thereby restraining Saudi Arabia automotive transmission parts market growth over short term outlook period
The key players operating in Saudi Arabia Automotive Transmission Parts Market are AAM (American Axle & Manufacturing Holdings Inc.), BorgWarner Inc., Delphi Technologies PLC., Eaton Corporation Plc., JTEKT Corporation , Magna International Inc., Robert Bosch GmbH , Schaeffler AG , Tenneco Inc., ZF Friedrichshafen AG among others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Automotive transmission parts Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Automotive transmission parts Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Automotive transmission parts Market - Industry Life Cycle |
3.4 Saudi Arabia Automotive transmission parts Market - Porter's Five Forces |
3.5 Saudi Arabia Automotive transmission parts Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Saudi Arabia Automotive transmission parts Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.7 Saudi Arabia Automotive transmission parts Market Revenues & Volume Share, By Transmission Type, 2021 & 2031F |
4 Saudi Arabia Automotive transmission parts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the automotive industry in Saudi Arabia |
4.2.2 Increasing demand for fuel-efficient vehicles |
4.2.3 Technological advancements in transmission parts leading to improved performance |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent government regulations related to emissions and safety standards |
5 Saudi Arabia Automotive transmission parts Market Trends |
6 Saudi Arabia Automotive transmission parts Market, By Types |
6.1 Saudi Arabia Automotive transmission parts Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Automotive transmission parts Market Revenues & Volume, By Vehicle Type, 2021-2031F |
6.1.3 Saudi Arabia Automotive transmission parts Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.1.4 Saudi Arabia Automotive transmission parts Market Revenues & Volume, By Light Commercial Vehicles, 2021-2031F |
6.1.5 Saudi Arabia Automotive transmission parts Market Revenues & Volume, By Heavy commercial Vehicles, 2021-2031F |
6.2 Saudi Arabia Automotive transmission parts Market, By Fuel Type |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Automotive transmission parts Market Revenues & Volume, By Gasoline, 2021-2031F |
6.2.3 Saudi Arabia Automotive transmission parts Market Revenues & Volume, By Diesel, 2021-2031F |
6.2.4 Saudi Arabia Automotive transmission parts Market Revenues & Volume, By Others, 2021-2031F |
6.3 Saudi Arabia Automotive transmission parts Market, By Transmission Type |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Automotive transmission parts Market Revenues & Volume, By Manual transmission, 2021-2031F |
6.3.3 Saudi Arabia Automotive transmission parts Market Revenues & Volume, By Automatic transmission, 2021-2031F |
6.3.4 Saudi Arabia Automotive transmission parts Market Revenues & Volume, By Automated manual transmission, 2021-2031F |
6.3.5 Saudi Arabia Automotive transmission parts Market Revenues & Volume, By Dual clutch transmission, 2021-2031F |
6.3.6 Saudi Arabia Automotive transmission parts Market Revenues & Volume, By Continuously variable transmission, 2021-2031F |
7 Saudi Arabia Automotive transmission parts Market Import-Export Trade Statistics |
7.1 Saudi Arabia Automotive transmission parts Market Export to Major Countries |
7.2 Saudi Arabia Automotive transmission parts Market Imports from Major Countries |
8 Saudi Arabia Automotive transmission parts Market Key Performance Indicators |
8.1 Average age of vehicles in Saudi Arabia |
8.2 Number of new vehicle registrations |
8.3 Adoption rate of automatic transmission systems in vehicles |
9 Saudi Arabia Automotive transmission parts Market - Opportunity Assessment |
9.1 Saudi Arabia Automotive transmission parts Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Saudi Arabia Automotive transmission parts Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.3 Saudi Arabia Automotive transmission parts Market Opportunity Assessment, By Transmission Type, 2021 & 2031F |
10 Saudi Arabia Automotive transmission parts Market - Competitive Landscape |
10.1 Saudi Arabia Automotive transmission parts Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Automotive transmission parts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |