United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Market (2025-2031) | Value, Industry, Share, Forecast, Outlook, Companies, Growth, Revenue, Size, Analysis & Trends

United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Market Synopsis

The United Arab Emirates (UAE) motor vehicle steering and suspension parts market experienced steady growth between 2025 and 2031. The market encompasses components that are crucial for the smooth functioning and safety of vehicles, including steering systems, suspension systems, and related parts. As the UAE automotive industry continued to expand, the demand for these parts also saw a rise.

Drivers of the Market

The UAE automotive sector has been witnessing significant growth, fueled by a rise in disposable income and an expanding population. As more people purchase vehicles, the demand for steering and suspension parts has increased accordingly. Further, the UAE rapid urbanization and infrastructure projects have led to a surge in the construction of roads and transportation networks. This has stimulated the demand for commercial vehicles, thereby boosting the need for steering and suspension parts. Moreover, with an increasing awareness of road safety, vehicle manufacturers and consumers are emphasizing the importance of high-quality steering and suspension components to enhance vehicle stability and control, thereby driving the market.

Challenges of the Market

The UAE economy is influenced by fluctuations in global oil prices and other external factors. Economic uncertainties can impact consumer spending on vehicles, affecting the demand for steering and suspension parts. Further, the market faces challenges from the presence of counterfeit and substandard parts. These low-quality components can compromise vehicle safety and performance, leading to concerns among consumers and hindering market growth.

Covid-19 Impact on the Market

The COVID-19 pandemic had a significant impact on the UAE motor vehicle steering and suspension parts market. The initial outbreak in 2025 led to disruptions in supply chains, manufacturing, and distribution. The lockdown measures and travel restrictions affected vehicle sales, which consequently reduced the demand for replacement parts, including steering and suspension components. However, as the UAE gradually recovered from the pandemic and restrictions eased, there was a rebound in automotive sales and aftermarket services, including the replacement of steering and suspension parts. The recovery was supported by the government`s stimulus packages and measures to revitalize the economy.

Key Players of the Market

The UAE motor vehicle steering and suspension parts market are characterized by the presence of both domestic and international players. Some of the key players include ZF Friedrichshafen AG, KYB Corporation, Thyssenkrupp AG, MOOG Inc., Mando Corporation, TRW Automotive Holdings Corporation (acquired by ZF Friedrichshafen AG) and Tenneco Inc.

Key Highlights of the Report:

• United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Market Outlook
• Market Size of United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Market, 2024
• Forecast of United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Market, 2031
• Historical Data and Forecast of United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Revenues & Volume for the Period 2021-2031
• United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Market Trend Evolution
• United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Market Drivers and Challenges
• United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Price Trends
• United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Porter's Five Forces
• United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Industry Life Cycle
• Historical Data and Forecast of United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Market Revenues & Volume By Types for the Period 2021-2031
• Historical Data and Forecast of United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Market Revenues & Volume By Steering Components for the Period 2021-2031
• Historical Data and Forecast of United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Market Revenues & Volume By Suspension Components for the Period 2021-2031
• Historical Data and Forecast of United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Market Revenues & Volume By Commercial Vehicle for the Period 2021-2031
• Historical Data and Forecast of United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Market Revenues & Volume By Passenger Car for the Period 2021-2031
• United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Import Export Trade Statistics
• Market Opportunity Assessment By Types
• Market Opportunity Assessment By Application
• United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Top Companies Market Share
• United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Competitive Benchmarking By Technical and Operational Parameters
• United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Company Profiles
• United Arab Emirates (UAE) Motor Vehicle Steering and Suspension Parts Key Strategic Recommendations