Product Code: ETC016620 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The automobile components market in the United Arab Emirates (UAE) has witnessed significant growth, driven by the country`s expanding automotive industry, increasing vehicle ownership, and the government`s emphasis on sustainable transportation. Automobile components refer to the various parts and systems that are used in the manufacturing and maintenance of vehicles, including engines, transmissions, electrical systems, and body parts. The UAE growing population, rising disposable income, and the demand for technologically advanced and environmentally friendly vehicles have been key drivers for the demand for automobile components in the country. Additionally, the market`s expansion is influenced by the adoption of electric and hybrid vehicles, as well as the increasing focus on vehicle safety and performance.
Several factors drive the demand for automobile components in the UAE. Firstly, the country`s growing urbanization and infrastructural development have led to an increase in the demand for commercial and passenger vehicles, boosting the need for automobile components. Secondly, the government`s initiatives to promote electric and hybrid vehicles, as part of its sustainable development goals, have stimulated the demand for components for eco-friendly vehicles.
Despite the positive growth prospects, the UAE automobile components market faces certain challenges. One significant challenge is the competition from imported components. While there is a demand for locally manufactured components, imported products may offer competitive pricing, impacting the market share of domestic manufacturers.
The Covid-19 pandemic had a notable impact on the UAE automobile components market. With economic uncertainties and reduced consumer spending during lockdowns, the automotive industry, including automobile components manufacturers, may have experienced a temporary decline in demand. However, with the gradual recovery of the economy and the reopening of businesses, the market saw a rebound as consumers resumed vehicle purchases and maintenance activities.
The UAE automobile components market comprises both international and local players. Leading automobile component manufacturers, such as Bosch, Denso Corporation, and Magna International, have a strong presence in the UAE, offering a wide range of high-quality components and systems to cater to the preferences of UAE automotive industry. These companies emphasize innovation, efficiency, and sustainability to meet the demands of UAE vehicle manufacturers and consumers seeking reliable and advanced automobile components. Additionally, local manufacturers, auto parts suppliers, and distributors also play a crucial role in providing a diverse selection of components to meet the demands of UAE automotive aftermarket. The market`s competitiveness and growth are shaped by the efforts of these key players to offer a range of automobile components that align with the UAE automotive industry trends and consumers` desire for safe, eco-friendly, and technologically advanced vehicles. As the UAE continues to promote sustainable transportation and invest in its automotive sector, the automobile components market is expected to witness further advancements and increasing adoption in the coming years.
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 United Arab Emirates (UAE) Automobile Components Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Automobile Components Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Automobile Components Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Automobile Components Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Automobile Components Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Automobile Components Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 United Arab Emirates (UAE) Automobile Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Automobile Components Market Trends |
6 United Arab Emirates (UAE) Automobile Components Market, By Types |
6.1 United Arab Emirates (UAE) Automobile Components Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Automobile Components Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Automobile Components Market Revenues & Volume, By Flywheel, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Automobile Components Market Revenues & Volume, By Pressure Plate, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Automobile Components Market Revenues & Volume, By Clutch, 2021-2031F |
6.1.6 United Arab Emirates (UAE) Automobile Components Market Revenues & Volume, By Other, 2021-2031F |
6.2 United Arab Emirates (UAE) Automobile Components Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Automobile Components Market Revenues & Volume, By Passenger Cars (PC), 2021-2031F |
6.2.3 United Arab Emirates (UAE) Automobile Components Market Revenues & Volume, By Light Commercial Vehicles (LCV), 2021-2031F |
6.2.4 United Arab Emirates (UAE) Automobile Components Market Revenues & Volume, By Heavy Commercial Vehicles (HCV), 2021-2031F |
7 United Arab Emirates (UAE) Automobile Components Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Automobile Components Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Automobile Components Market Imports from Major Countries |
8 United Arab Emirates (UAE) Automobile Components Market Key Performance Indicators |
9 United Arab Emirates (UAE) Automobile Components Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Automobile Components Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Automobile Components Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 United Arab Emirates (UAE) Automobile Components Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Automobile Components Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Automobile Components Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |