Saudi Arabia Vehicle Repair and Maintenance market, By Service Area, By Vehicle Type and Forecast 2027

Posted by arshiyashaikh on July 5th, 2022

Saudi Arabia 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 Arabia 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 Arabia 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 Arabia vehicle repair and maintenance market in the next five years.

The Saudi Arabia vehicle repair and maintenance market is segmented by service area, vehicle type, service provider, channel, customer segment, regional distribution, and competitional landscape. Based on the service area, the market is further segmented into automotive mechanical and electrical parts, automotive body parts, tire, paint, interior parts, glass, paint protection and coating, maintenance, vehicle care, and quick services. By vehicle type, the market is fragmented into passenger cars, heavy commercial vehicles, light commercial vehicles, and medium commercial vehicles.

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arshiyashaikh
Joined: February 5th, 2019
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