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Report Description

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  • Automotive
  • | June, 2022

Saudi Arabia Vehicle Repair and Maintenance Market Segmented By Service Area (Automotive Mechanical and Electrical Parts, Automotive Body Parts, Tire, Paint, Interior Parts, Glass, Paint Protection and Coating Services, Maintenance Service, Vehicle Care Services, Quick Services), By Vehicle Type (Passenger Car, Heavy Commercial Vehicle, Light Commercial Vehicle and Medium Commercial Vehicle), By Service Provider (Automobile Manufacturers, Franchise General Repairs, Locally Owned Repair Shops), By Channel (Online, Offline), By Customer Segment (B2B, B2C), By Region (Al-Riyadh, Eastern Region, Makkah Al-Mokarramah, Aseer, Al-Qaseem and Others), By Company, Forecast & Opportunities, 2017- 2027F

  • Description
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Saudi Arabia vehicle repair and maintenance market is anticipated to grow with a CAGR of 5.92% during the forecast period to reach USD1,882.94 million by 2027. Anticipated growth in the vehicle repair and maintenance market of Saudi Arabia is attributed to factors such as the booming automobile fleet, growing offroad activities, and the removal of the ban on women driving. Expanding business sectors such as fast-moving consumer goods (FMCG), e-commerce, etc., combined with a rise in per capita income, are anticipated to power the growth of the market in the upcoming five years.

The scope of the report includes the revenue generated from both repairing and maintenance services. Repair services include any service which helps in restoration of an original component, and maintenance indicates the routine services that a vehicle needs to undertake in order to ensure its smooth functioning. 

Saudi Arabia vehicle repair and maintenance market include the revenue which is generated from the services and maintenance offered while repairing or replacement of automobile parts. The revenue generated consists of the labor cost, cost of consumables, value-added tax (VAT), maintenance cost, and other service-related charges. The market size of Saudi Arabia vehicle repair and maintenance market is independent of the cost of spare parts, and other components cost being replaced in the aftermarket.

The spread of the novel coronavirus created a crisis across the country. COVID-19 pandemic is the fourth crisis hitting the country over the last decade, following the uprisings of Arabs, declining oil prices of 2014-2016, and a resurgence of protests in 2019. The COVID-19 pandemic impacted the country differently compared to other crises. According to the General Authority of Statistics published, the Gross Domestic Product (GDP) of Saudi Arabia went down by 1.0% in the first Quarter of 2020 compared to that of 2019. Additionally, in Q2 2020, the Gross Domestic Product (GDP) decreased by 7.0% compared to the same period of 2019. Moreover, the country's unemployment rate increased to 15.4% in the second quarter of 2020, growing by 3.1% more than in the second quarter of 2019, leaving a negative impact on consumer spending. Also, petroleum refining activities in the country declined sharply by 24.2% in Q1 2020 compared to Q1 2019. All these factors negatively influenced the vehicle repair and maintenance market growth in 2020. However, the market is showing positive signs of recovery owing to factors such as growing government support, increasing sales of used vehicles, etc.

Removal of Ban on Women Driving Drives the Market Growth

In June 2018, Saudi Arabia's government announced curbing the ban on women driving and allowing women the right to drive motor vehicles on public roads. The women-to-drive campaign finally registered its victory. The removal of the ban on women driving resulted in an increasing number of women drivers on Saudi roads, uplifting the sales of passenger car in the country. A significant ratio of the Saudi Women population is hitting roads with four-wheelers, and several women with foreign licenses have already obtained Saudi driving licenses. Relatively many women in the country are learning to drive. All the above factors are expected to increase the sales of vehicles in the country, which will further boost the vehicle repair and maintenance market in Saudi Arabia over the coming five years.

Growing Employment Drives the Market Growth

According to the World Bank, 84.28% of Saudi Arabia’s population is categorized as an urban population, while most of them are classified as the service class. Saudi Arabia registered employment to population ratio of 72.79% in 2019, which increased from 72.69% in 2018. The growth in employment in Saudi Arabia is consequently increasing consumer spending. As a result, people are spending well on maintaining and servicing their vehicles. Furthermore, most Saudi families own personal vehicles and prefer using passenger cars for daily commuting to their offices. As offices in Saudi Arabia are open five days a week, passenger cars are highly utilized in the country for commuting to workplaces and outings, which in turn is generating the need for regular maintenance and servicing of the vehicles. The employment growth and rise in consumer spending integrated with the continuously expanding urban population are leading to an increase in the utilization of vehicles in the country, which in turn is generating the need to service the vehicle more frequently, driving the vehicle repair and maintenance market of Saudi Arabia.


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Market Segmentation

The Saudi Arabia vehicle repair and maintenance market is segmented based on service area, vehicle type, service provider, channel, customer, region. Based on service area, market is fragmented into automotive mechanical and electrical parts, automotive body parts, tire, paint, interior parts, glass, paint protection and coating services, maintenance service, vehicle care services, quick services. Also, segmentation of the market on grounds of vehicle type is done into passenger car, heavy commercial vehicle, light commercial vehicle and medium commercial vehicle. Based on service provider, market is fragmented into automobile manufacturers, franchise general repairs, locally owned repair shops. Based on channel the market is bifurcated into offline, online. Based on customer segment, market is fragmented into B2B, B2C.

The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Al-Riyadh, Eastern Region, Makkah Al-Mokarramah, Aseer, Al-Qaseem, others. Saudi Arabia vehicle repair and maintenance market is majorly dominated by Al-Riyadh region. The region registered dominating share of 48.15% in 2021 and is expected to maintain its dominance over the next five years. The region accounts for highest fleet of automobiles, large urban population, high population density, growing number of industries, well established universities, airports, ports, highways, hospitals, schools, per capita income, houses etc. The region is economic as well as the cultural hub of the country, accounting for majority of commercial services and industrial activities.

Company Profiles

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, are among the major market players in the Saudi Arabia platform that lead the market growth of the Saudi Arabia vehicle repair and maintenance market.

Attribute

Details

Market Size Value in 2021

USD1,317.12 Million

Revenue Forecast in 2027

USD1,882.94 Million

Growth Rate

5.92%

Base Year

2021

Historical Years

2017 – 2021

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Service Area

·         Vehicle Type

·         Service Provider

·         Channel

·         Customer Segment

·         Region

·         Company

Regional Scope

Al-Riyadh, Eastern Region, Makkah Al-Mokarramah, Aseer, Al-Qaseem

Key Companies Profiled

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

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, Saudi Arabia 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

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia vehicle repair and maintenance market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

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

5.1.  Brand Awareness

5.2.  Factors Considered for Selecting a Service Center

5.3.  Challenges/Unmet Need

6.    Saudi Arabia Vehicle Repair and Maintenance Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Service Area (Automotive Mechanical and Electrical Parts, Automotive Body Parts, Tire, Paint, Interior Parts, Glass, Paint Protection and Coating Services, Maintenance Service, Vehicle Care Services, Quick Services)

6.2.2.    By Vehicle Type (Passenger Car, Heavy Commercial Vehicle, Light Commercial Vehicle and Medium Commercial Vehicle)

6.2.3.    By Service Provider (Automobile Manufacturers, Franchise General Repairs, Locally Owned Repair Shops)

6.2.4.    By Channel (Online, Offline)

6.2.5.    By Customer Segment (B2B, B2C)

6.2.6.    By Region (Al-Riyadh, Eastern Region, Makkah Al-Mokarramah, Aseer, Al-Qaseem and Others)

6.2.7.    By Company (2021)

6.3.  Market Map (By Service Area, By Vehicle Type, By Service Provider, By Channel, By Customer Segment, By Region)

7.    Saudi Arabia Passenger Car Repair and Maintenance Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Service Area

7.2.2.    By Vehicle Type

7.2.3.    By Service Provider

7.2.4.    By Channel

7.2.5.    By Customer Segment

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

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Service Area

8.2.2.    By Vehicle Type

8.2.3.    By Service Provider

8.2.4.    By Channel

8.2.5.    By Customer Segment

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

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Service Area

9.2.2.    By Vehicle Type

9.2.3.    By Service Provider

9.2.4.    By Channel

9.2.5.    By Customer Segment

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

10.1.             Market Size & Forecast

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Service Area

10.2.2. By Vehicle Type

10.2.3. By Service Provider

10.2.4. By Channel

10.2.5. By Customer Segment

11.  Market Dynamics

11.1.Drivers

11.2.Challenges

12.  Market Trends and Developments

13.  Policy & Regulatory Landscape

14.  Saudi Arabia Economic Profile

15.  Competitive Landscape

15.1. Abdul Latif Jameel IPR Company Limited

15.2.SMC Auto Service Broker LLC

15.3.Ezhalha

15.4.E.A. Juffali & Brothers (Juffali Automotive Company)

15.5.Al Jazirah Vehicles Agencies Co. Ltd.

15.6.Petromin Corporation

15.7.Al Jomaih Group (ACDelco Service Centers)

15.8.Haji Husein Alireza & Co. Ltd.

15.9.Mohamed Yousuf Naghi & Brothers Group

15.10. Aljabr Group         

16. Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]
  • List of Figures:

    Figure 1:        Saudi Arabia Vehicle Repair and Maintenance Market Size, By Value (USD Million), 2017-2027F

    Figure 2:        Saudi Arabia Vehicle Repair and Maintenance Market Share, By Service Area, 2017-2027F

    Figure 3:        Saudi Arabia Vehicle Repair and Maintenance Market Share, By Vehicle Type, 2017-2027F

    Figure 4:        Saudi Arabia Vehicle Repair and Maintenance Market Share, By Service Provider, 2017-2027F

    Figure 5:        Saudi Arabia Vehicle Repair and Maintenance Market Share, By Channel, 2017-2027F

    Figure 6:        Saudi Arabia Vehicle Repair and Maintenance Market Share, By Customer Segment, 2017-2027F

    Figure 7:        Saudi Arabia Vehicle Repair and Maintenance Market Share, By Region, 2017-2027F

    Figure 8:        Saudi Arabia Vehicle Repair and Maintenance Market Share, By Company, By Value, 2021

    Figure 9:        Saudi Arabia Vehicle Repair and Maintenance Market Map, By Service Area, Market Size (USD Million) & Growth Rate (%), 2021

    Figure 10:      Saudi Arabia Vehicle Repair and Maintenance Market Map, By Vehicle Type, Market Size (USD Million) & Growth Rate (%), 2021

    Figure 11:      Saudi Arabia Vehicle Repair and Maintenance Market Map, By Service Provider, Market Size (USD Million) & Growth Rate (%), 2021

    Figure 12:      Saudi Arabia Vehicle Repair and Maintenance Market Map, By Channel, Market Size (USD Million) & Growth Rate (%), 2021

    Figure 13:      Saudi Arabia Vehicle Repair and Maintenance Market Map, By Customer Segment, Market Size (USD Million) & Growth Rate (%), 2021

    Figure 14:      Saudi Arabia Vehicle Repair and Maintenance Market Map, By Region, Market Size (USD Million) & Growth Rate (%), 2021

    Figure 15:      Saudi Arabia Passenger Car Repair and Maintenance Market Size, By Value (USD Million), 2017-2027F

    Figure 16:      Saudi Arabia Passenger Car Repair and Maintenance Market Share, By Service Area, 2017-2027F

    Figure 17:      Saudi Arabia Passenger Car Repair and Maintenance Market Share, By Vehicle Type, 2017-2027F

    Figure 18:      Saudi Arabia Passenger Car Repair and Maintenance Market Share, By Service Provider, 2017-2027F

    Figure 19:      Saudi Arabia Passenger Car Repair and Maintenance Market Share, By Channel, 2017-2027F

    Figure 20:      Saudi Arabia Passenger Car Repair and Maintenance Market Share, By Customer Segment, 2017-2027F

    Figure 21:      Saudi Arabia Light Commercial Vehicle Repair and Maintenance Market Size, By Value (USD Million), 2017-2027F

    Figure 22:      Saudi Arabia Light Commercial Vehicle Repair and Maintenance Market Share, By Service Area, 2017-2027F

    Figure 23:      Saudi Arabia Light Commercial Vehicle Repair and Maintenance Market Share, By Vehicle Type, 2017-2027F

    Figure 24:      Saudi Arabia Light Commercial Vehicle Repair and Maintenance Market Share, By Service Provider, 2017-2027F

    Figure 25:      Saudi Arabia Light Commercial Vehicle Repair and Maintenance Market Share, By Channel, 2017-2027F

    Figure 26:      Saudi Arabia Light Commercial Vehicle Repair and Maintenance Market Share, By Customer Segment, 2017-2027F

    Figure 27:      Saudi Arabia Heavy Commercial Vehicle Repair and Maintenance Market Size, By Value (USD Million), 2017-2027F

    Figure 28:      Saudi Arabia Heavy Commercial Vehicle Repair and Maintenance Market Share, By Service Area, 2017-2027F

    Figure 29:      Saudi Arabia Heavy Commercial Vehicle Repair and Maintenance Market Share, By Vehicle Type, 2017-2027F

    Figure 30:      Saudi Arabia Heavy Commercial Vehicle Repair and Maintenance Market Share, By Service Provider, 2017-2027F

    Figure 31:      Saudi Arabia Heavy Commercial Vehicle Repair and Maintenance Market Share, By Channel, 2017-2027F

    Figure 32:      Saudi Arabia Heavy Commercial Vehicle Repair and Maintenance Market Share, By Customer Segment, 2017-2027F

    Figure 33:      Saudi Arabia Medium Commercial Vehicle Repair and Maintenance Market Size, By Value (USD Million), 2017-2027F

    Figure 34:      Saudi Arabia Medium Commercial Vehicle Repair and Maintenance Market Share, By Service Area, 2017-2027F

    Figure 35:      Saudi Arabia Medium Commercial Vehicle Repair and Maintenance Market Share, By Vehicle Type, 2017-2027F

    Figure 36:      Saudi Arabia Medium Commercial Vehicle Repair and Maintenance Market Share, By Service Provider, 2017-2027F

    Figure 37:      Saudi Arabia Medium Commercial Vehicle Repair and Maintenance Market Share, By Channel, 2017-2027F

    Figure 38:        Saudi Arabia Medium Commercial Vehicle Repair and Maintenance Market Share, By Customer Segment, 2017-2027F
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  • Light Commercial Vehicle Tire Market – Global Industry Size, Share, Trends Opportunity, and Forecast 2018-2028. By Demand Category (OEM and Replacement), By Drive Type (ICE and Electric), By Region and By Competition.
  • Two-Wheeler Battery Market – Global Industry Size, Share, Trends Opportunity, and Forecast 2018-2028. Segmented By Vehicle Type (Motorcycles, Mopeds, Scooters, Electric Bikes), By Battery Type (Lead Acid, Lithium-Ion, and Other), By Drive Type (IC Engines and Electric Vehicles), By Region and By Competition.
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Based on Service Area, which segment was dominating in Saudi Arabia vehicle repair and maintenance market in 2020?

Automotive mechanical and electrical parts registered to dominate the market share of 42.35% in value in 2021 and are expected to continue its dominance over the forecast years. The dominating market share is attributed to the fact that the majority of vehicle repair and maintenance is done for parts such a such as brake pad set, engine timing chain, shock absorber, steering gear/rack replacement, ac compressor, condenser unit, etc., which lies under automotive mechanical and electrical parts.

What will be the growth prospects of the Saudi Arabia vehicle repair and maintenance market?

Removal of ban on women driving, growing vehicle fleet, increasing government support for micro, small & medium enterprises, increasing off-road activities is anticipated to drive the Saudi Arabia vehicle repair and maintenance market over the coming five years. Moreover, it is projected that the market will be valued at USD1,882.94 Million in 2027 from USD1,317.12 Million in 2021.

Who are the top 10 players in the Saudi Arabia vehicle repair and maintenance market?

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 etc. are the top 10 players of Saudi Arabia vehicle repair and maintenance market.

Which region generated most revenue in Saudi Arabia vehicle repair and maintenance market in 2021?

Owing to factors such as highest fleet of automobiles, large industrial area, expanding working population, etc., Saudi Arabia vehicle repair and maintenance market is majorly dominated by Al-Riyadh region, with region registering market share of over 45% in 2021 in terms of value.

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Press Release

Saudi Arabia Vehicle Repair and Maintenance Market to Grow With a 5.92% CAGR through Forecast Period.

Jun, 2022

Growing automotive industry facilitates the growth of the Saudi Arabia Vehicle Repair and Maintenance Market.


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