Automotive maintenance and service refers to the upkeep and repair of several vehicle components and services, such as gear, engine, and brake oil. In this service, auto mechanics diagnose problems with cars, do routine maintenance and inspections, identify issues, discuss options with customers, and choose the best course of action for fixing them. It also covers companies that offer auto repair and maintenance services, which include replacing tires, batteries, wear-and-tear parts, oil, cabin, and air filters, wiper blades, collision bodies, starters & alternators, and other components to extend the life of cars.
Saudi Arabia Automotive Repair and Maintenance Market Driving Factors and Challenges
Drivers:- The market is driven by the nation's constant expansion and modernization of its road infrastructure. The demand for maintenance and repair services rises as Saudi Arabia invests in new highways and transportation networks because long-distance driving and increased road usage lead to additional wear and tear on cars. Along with private vehicle owners, the logistics and transportation sectors are the principal consumers of maintenance services. Commercial vehicles that require regular maintenance to ensure both operating safety and efficiency include trucks, vans, and heavy-duty vehicles. Opportunities for market expansion are created by these reasons.
Challenges:- The market for auto repair and maintenance services is faced with challenges, nevertheless, such as shifting consumer preferences and a growing inclination toward Do-It-Yourself (DIY) fixes, which are made feasible by easily accessible information and online guides. In addition, the COVID-19 pandemic had a significant impact on the industry, including lockdowns that impacted demand, disruptions in the supply chain, and modifications in customer behavior. Moreover, it is anticipated that the dynamic raw material prices and the growing need for shared mobility will limit the growth of the car repair market's statistics.
Impact of COVID-19 on Saudi Arabia Automotive Repair and Maintenance Market
The COVID-19 pandemic has significantly impacted Saudi Arabia's auto repair and maintenance sector. The need for motor services fell precipitously as a result of travel restrictions, lockdowns, and unstable economic conditions. Many car owners postpone necessary maintenance and repairs because they have limited resources and mobility. Interruptions in the supply chain that made it challenging to get replacement parts and components further hindered repair attempts. As the country opened up and economic activity increased again, the auto repair and maintenance sector began to gradually recover.
Saudi Arabia Automotive Repair and Maintenance Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players are; Abdul Latif Jameel IPR Company Limited, SMC Auto Service Broker LLC, Ezhalha, E.A. Juffali & Brothers, Al Jazirah Vehicles Agencies Co. Ltd., Petromin Corporation, Al Jomaih Group (ACDelco Service Centers), Haji Husein Alizera & Co. Ltd., Mohamed Yousuf Naghi & Brothers Group, Others.
Saudi Arabia Automotive Repair and Maintenance Market Segmentation:
By Service Type: Based on the Service Type, Saudi Arabia Automotive Repair and Maintenance Market is segmented as; Engine Oil, Gear Oil, Brake Oil, Grease, Tires, Batteries, Wear & Tear Parts, Air Filter, Cabin Filter, Oil Filter, Wiper Blades, Collision Body, Starters & Alternators.
By Service Providers: Based on the Distribution Channel, Saudi Arabia Automotive Repair and Maintenance Market is segmented as; Automobile Dealerships, Franchise General Repairs, Specialty Shops, Locally Owned Repair Shops/Body Shops, Tire Shops, Others.
By Vehicle Type: Based on the Vehicle Type, Saudi Arabia Automotive Repair and Maintenance Market is segmented as; Passenger Cars, LCV, HCV.
By Region: This research also includes data for Eastern Region, Western Region, Southern Region, Northern Region.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.