Saudi Arabia Automotive Industry Size, Trends, Scope, Competition and Growth Opportunities Till 2032

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Saudi Arabia Automotive Industry Size, Trends, Scope, Competition and Growth Opportunities Till 2032: SPER Market Research



 Published: Jan-2023
 Author: SPER Analyst


KSA Automotive Industry is projected to be worth USD 14.91 billion by 2032.

The established and conservatively handled automotive sector in the Saudi Arabian Kingdom is very susceptible to disruption. Since local retail and distribution partners currently control KSA Automotive, international OEMs and other brands are able to develop due to the lack of domestic high-quality product manufacturers. Imports from countries including the United States, Japan, China, Korea, India, and other gulf nations provide the majority of the demand for autos and replacement components. In order to build domestic manufacturing and exporting capabilities for South Africa and other African and gulf countries, KSA regularly communicates with neighbouring gulf countries about imports and re-exports. This is done through the creation of industrial hubs, effective bilateral relationships and allies, and technological competence and its advancement. According to technical trends and advancements, the industry has seen a considerable shift in favour of radical ERP & CRM systems, which are mostly employed by the organised sector. Employing a range of software and solutions, as well as customised modules, to enhance their operations and customer relationship management initiatives, entities working in the KSA automotive industry are able to understand how to use and optimise efficient operating systems.

The covid impact on the KSA automotive market has resulted in a decline in foot traffic to the showrooms of different brands, which were important sales channels prior to covid. We do witness a shift towards e-commerce in the KSA vehicle sector with higher levels of online penetration across several categories, despite the fact that there hasn't been a big shift from physical to online sales. Along with job losses and office closures, a range of new automobile maintenance models with varied ownership lengths are also observed. As customers adopt more hygienic habits, which has an impact on many market categories, the market for shared mobility has also suffered a decline. Businesses across a wide range of industrial sectors are being encouraged to adopt new business strategies by corrective measures taken by several organisations and the government itself. A variety of innovative automobile maintenance models with varying ownership lengths are also evident, along with job losses and office closures. As individuals adopt more hygienic practises, which has an impact on many market categories, the market for shared mobility has also witnessed a decline. People in many industrial segments are being encouraged to implement ground-breaking business strategies as a result of corrective measures taken by several organisations and the government itself to preserve business.


The KSA Automotive Industry study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as: Abdul Latif Jameel Motors, Al Jazirah Vehicles Agency, Al Yemni Motors, Alesayi Motor Company, Alissa Universal Motors Co., Aljomaih Automotive Company, Almajdouie Automotive, Bakhashab Brothers Co., Haji Husain Alireza & Co., Juffali Automotive Company, Kia Al Jabr, Manahil International, Mohamed Yousuf Naghi Motors, Nissan Petromin, Universal Motors Agencies, Wallan Trading Co.

SPER Market Research study aims to provide market dynamics, demand and supply with yearly forecast to 2032. This report provides data for growth estimates and forecasts for product type segment – By Type (Bottom Dead Center, Top Dead Center), By Motor Type (AC Induction Motor, DC Brushless Motor, Permanent Magnet Synchronous Motor), By Electric Vehicle (Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle), By Vehicle Type (Diesel Vehicle, Electric Vehicle, Fuel Cell Electric Vehicle, Hybrid Electric Vehicle, Mild Hybrid Vehicle, Natural Gas Vehicle, Petrol Vehicle, Plug-in Hybrid Electric Vehicle).


This report also provides the data for key regional segments of Central Saudi Arabia, Eastern Saudi Arabia, Northern Saudi Arabia and rest of the KSA.

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.

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