DUBLIN–(BUSINESS WIRE)–The “Saudi Arabia Automotive Repair and Maintenance Services Market, By Region, Competition, Forecast & Opportunities, 2020-2030F” report has been added to ResearchAndMarkets.com’s offering.
The Saudi Arabia Automotive Repair and Maintenance Services Market was valued at USD 1.62 Billion in 2024, and is expected to reach USD 2.47 Billion by 2030, rising at a CAGR of 7.28%.
The Saudi Arabia Automotive Repair and Maintenance Services Market forms a crucial component of the nation’s automotive industry, offering a spectrum of services that cater to the upkeep and longevity of vehicles. This market has experienced significant growth due to the country’s burgeoning automotive sector, which includes a diverse range of vehicles, from passenger cars to commercial fleets.
The Saudi Arabian market’s repair and maintenance services encompass a broad array of offerings, including routine maintenance, diagnostics, mechanical and electrical repairs, bodywork, and painting. These services are designed to ensure the safety, performance, and reliability of vehicles, a fundamental concern for both personal and commercial transportation. The market is characterized by its adaptability to the evolving automotive landscape.
With Saudi Arabia’s growing focus on sustainability and the emergence of electric vehicles (EVs), repair and maintenance services are expanding to accommodate the unique needs of these vehicles, encompassing battery diagnostics, EV-specific components, and charging infrastructure. The market is driven by a combination of factors, including an increasing vehicle parc, which boosts the demand for regular servicing and maintenance. Additionally, the harsh desert climate and road conditions in Saudi Arabia make vehicle upkeep and maintenance a top priority to ensure longevity and optimal performance.
The Saudi Arabian automotive sector is poised for significant growth, with the establishment of OEMs like Lucid Motors and Ceer Motors catalyzing the production of passenger vehicles. The Cluster’s vision is to have 3-4 OEMs producing over 400,000 passenger vehicles in Saudi Arabia by 2030, with a target of achieving a local gross value add (LGVA) of 40%.
The Vision 2030 program’s emphasis on clean and autonomous mobility is expected to propel the industry forward, with an anticipated growth rate of 12% by 2030. As the number of vehicles increases, so does the demand for maintenance and repair services. The market is diversifying, with services extending beyond traditional repair to include advanced paint protection, vehicle care, and quick services. The rise in vehicle ownership and the growing popularity of off-road activities in the desert landscapes further drive this demand.
The automotive repair and maintenance market in Saudi Arabia is highly competitive, with a range of service providers, from independent garages to authorized service centers. As the nation continues to invest in its automotive infrastructure and consumer awareness regarding vehicle maintenance grows, the market is poised for further expansion and innovation. This industry not only supports the longevity and safety of vehicles but also plays a vital role in the overall health of the automotive sector in Saudi Arabia, contributing to its ongoing growth and development.
Market Drivers
Expanding Vehicle Parc
The growing number of vehicles on Saudi Arabian roads is a primary driver of the repair and maintenance services market. As the vehicle parc increases, there is a rising demand for routine servicing, repairs, and diagnostics, creating a robust market for these services. The surge in public transportation usage alone could lead to an increased need for regular maintenance and repair services, ensuring that the fleet remains operational and safe for passenger use.
Additionally, the rise in road freight volume points to a greater number of commercial vehicles on the roads, which typically require more frequent servicing. This scenario presents a significant opportunity for service providers in the automotive repair and maintenance sector to expand their operations and offerings to meet the growing market demand. Strategic investments in service capacity, technology, and skilled personnel could position these businesses to capitalize on the increasing need for vehicle maintenance and repair services in Saudi Arabia.
Key Market Challenges
Shortage of Skilled Labor
One of the prominent challenges is the shortage of skilled automotive technicians and mechanics. A well-trained workforce is essential for providing high-quality repair and maintenance services. The industry requires ongoing efforts to attract and train skilled professionals to meet the increasing demand for services.
Key Market Trends
Digitalization and Diagnostics
The adoption of digital technologies and diagnostic tools is becoming increasingly prevalent in the industry. Repair and maintenance providers are incorporating advanced scanning and diagnostic equipment to identify and address vehicle issues more efficiently, enhancing service quality and customer satisfaction.
Report Scope:
Key Market Players
- Abdul Latif Jameel IPR Company Limited
- Morni KSA
- Ezhalha
- E.A. Juffali & Brothers (Juffali Automotive Company)
- Al Jazirah Vehicles Agencies Co. Ltd.
- The Petromin Corporation
- Aljomaih group (ACDelco Service Centers)
- Haji Husein Alireza & Co. Ltd.
- Mohamed Yousuf Naghi & Brothers Group
- Aljabr Group
Saudi Arabia Automotive Repair and Maintenance Services Market, By Vehicle:
- Two-Wheeler
- Passenger Car
- LCV
- M&HCV
Saudi Arabia Automotive Repair and Maintenance Services Market, By Service:
- Repair
- Maintenance
Saudi Arabia Automotive Repair and Maintenance Services Market, By Provider:
- Automobile Manufacturers
- Franchise General Repairs
- Locally Owned Repair Shops
Saudi Arabia Automotive Repair and Maintenance Services Market, By Region:
- Northern & Central
- Eastern
- Western
- Southern
For more information about this report visit https://www.researchandmarkets.com/r/m0xbkm
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