Saudi Arabia Vehicle Repair and Maintenance Market to Reach $1.88 Billion by 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "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" report has been added to ResearchAndMarkets.com's offering.

The Saudi Arabian 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 Arabian 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 Arabian 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 Arabian Vehicle Repair and Maintenance Market in the next five years.

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 the Saudi Arabian Vehicle Repair and Maintenance Market from 2017 to 2021.
• To estimate and forecast the market size of the Saudi Arabian Vehicle Repair and Maintenance Market from 2022 to 2027 and growth rate until 2027.
• To classify and forecast the Saudi Arabian 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 Arabian Vehicle Repair and Maintenance Market.
• To identify drivers and challenges for the Saudi Arabian Vehicle Repair and Maintenance Market.
• To examine competitive developments such as expansions, new software launches, mergers & acquisitions, etc., in the Saudi Arabian Vehicle Repair and Maintenance Market.
• To identify and analyze the profile of leading players operating in the Saudi Arabian Vehicle Repair and Maintenance Market.
• To identify key sustainable strategies adopted by the market players in the Saudi Arabian Vehicle Repair and Maintenance Market.

Report Scope:

In this report, the Saudi Arabian 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

Key Topics Covered:

1. Service Overview

2. Research Methodology

3. Executive Summary

4. Impact of COVID-19 on Saudi Arabia Vehicle Repair and Maintenance Market

5. Voice of Customer

6. Saudi Arabia Vehicle Repair and Maintenance Market Outlook

7. Saudi Arabia Passenger Car Repair and Maintenance Market Outlook

8. Saudi Arabia Light Commercial Vehicle Repair and Maintenance Market Outlook

9. Saudi Arabia Heavy Commercial Vehicle Repair and Maintenance Market Outlook

10. Saudi Arabia Medium Commercial Vehicle Repair and Maintenance Market Outlook

11. Market Dynamics

12. Market Trends and Developments

13. Policy & Regulatory Landscape

14. Saudi Arabia Economic Profile

15. Competitive Landscape

16. Strategic Recommendations

Companies Mentioned

• 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

For more information about this report visit https://www.researchandmarkets.com/r/jmylam