Future Outlook of KSA Automotive Industry: Ken Research

Meenakshi isht
Meenakshi isht
14 min read

KSA Automotive Industry: Overview & Ecosystem

Kingdom of Saudi Arabia, currently enjoys a strategic position in terms of geography & development of industries with growing economy & improving trade participation in the world. Their automotive industry provides opportunity of high growth with the absence of domestic manufacturing & core dependence on imports for domestic vehicle needs. However, rapid digitization along with various government incentives are set to change the gears of development in the coming years.

KSA is looking forward to develop domestic manufacturing & exporting capabilities for South Africa & other African & gulf nations with stronger tax & driving policies, development of industrial hubs, efficient bilateral relationships & allies, technological competence & its enhancement.

Saudi Arabia Imports & Sales Industry

KSA Automotive industry imports& export volume for automotive vehicles is majorly driven by International OEMS from countries like USA, Japan, Korea, Germany, China & India. The overall ecosystem of KSA automotive industry includes global auto manufacturers like Toyota, Mazda, Hyundai & more, along with many sports & luxury car manufacturers. They are facilitated by local dealers & agents as there is a lack of domestic assembling & major vehicle needs are currently fulfilled via imports.

Largest importing country in terms of vehicles is Japan, home to Toyota, which amounts to the biggest share of vehicle sales in KSA. USA, Korea & china along with Germany, Thailand & India are the other major countries who imports vehicles in KSA. The development of various ports on east & west coast provides ease of importing & connected road network with other gulf countries, helps in providing cross country movements as well Sales & distributing efforts are undertaken by local trading partners in KSA like Abdul Latif Jameel (Toyota), Mohammad Yusuf Naghi (Hyundai) & more, who utilizes their local networks to provide the effeciency & optimization in sales.

Marker segmentation of KSA automotive industry explains the geographical consistency across the country. It was witnessed that Central, Eastern and western region of KSA dominate the market with more than 80% share of sales and are majorly driven by cities like Riyadh, Jeddah, Dammam and Medina/Makkah.

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KSA Automotive Aftermarket Spare Parts & Service Industry

KSA Automotive spare parts industry is largely dominated by small retailers selling parts across the country. It was witnessed that there are ~7,000 small retailers in the country with majority of them situated around Jeddah, Dammam & Makkah/Medina.

In terms of car workshops, organized players cater to tier 1 & 2 cities, while other areas are dominated by local & unorganized crash repair & other service providers Value chain & busieness models further provides analysis of various entities available in the market & defines their roles, sourcing habits, retail & dealership networks along with revenue sharing & earning models/pathways & specifies margins at various intervals along with growth potential & strategic ways of diversifying into new business streams.

The Market size of KSA Spare Parts market grew by a CAGR of ~11% for 2014-2019, helping the market grow ~1.7X. It was also witnessed that imports made up more than 50% of the market in terms of volume. With increased ownership period and advanced used to new car ration of 2:1, total car parc in KSA is set to grow a north of 12 mn by the end of 2021.

KSA government is also making genuine efforts to kick start the domestic manufacturing process to include further entities in the ecosystem and sustain the current manufacturers as well to provide them various incentives to grow operations Import & Export analysis of the automotive industry in KSA gives a higher-level idea regarding the annual throughputs at all the major ports, identifies the major commercial hubs & areas of importance while indulging in to international trade.

Key Segments Covered:

KSA Imports & Sales Industry (Distributors & Dealerships)

Import & Export AnalysisCompetition Analysis of Major OEM BrandsFuture Trends & Developments & Growth Factors

KSA Automotive Aftermarket Spare Parts & Service Industry

Spare parts IndustryAftermarket Service IndustryCompetition Analysis of Major Players via Cross Comparisons & Heat Maps

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KSA Automotive Leasing & Rental Industry

KSA Rental Industry (Market Size, Competition & Segmentation)KSA Leasing Industry (Market Size, Competition & Segmentation)

Impact of Covid-19 on KSA Automotive Industry

Impact of Covid 19 on KSA Automotive IndustryMobility Industry looks forward to Utilize Digital PlatformsPost Covid KSA Automotive Industry Outlook

Technology Adoption & Usage Trends in KSA Automotive Industry

Overview of IndustryKSA Automotive Technology Trends, Adoption & Recommendations

Key Target Audience

KSA Car DealershipsKSA Automotive IndustryKSA Automotive WorkshopsKSA Spare Parts RetailersKSA Automotive Logistic Service ProvidersKSA Car Rental PlayersKSA Car Leasing PlayersKSA ERP Service ProvidersKSA Technology ConsultantsKSA Foreign Relation MinistryKSA Customs DepartmentKSA Ports AuthorityKSA Automotive IndustryKSA Imports & Export AuthorityKSA Hardware Technology ManufacturersKSA Software Technology ManufacturersKSA Cloud Storage Providing EnterprisesKSA Public Institutions

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Time Period Captured in the Report:

Historical Period: 2014-2019

Forecast Period: 2019-2025

Companies Mentioned:

Importers/Car Dealership

Abdul Latif Jameel MotorsAlmajdouie AutomotiveWallan Trading Co.Mohamed Yousuf Naghi MotorsHaji Husain Alireza & Co.(Mazda, MAN, Aston Martin)Nissan PetrominManahil InternationalAljomaih Automotive CompanyUniversal Motors AgenciesKia Al JabrAl Yemni MotorsAlissa Universal Motors Co.Bakhashab Brothers Co.Alesayi Motor CompanyAl Jazirah Vehicles AgencyJuffali Automotive Company

Spare Part Retailers/Wholesalers

BalubaidBarik InternationalBabatin Auto PartsSpeeroJuffali Auto Parts Company (JAPCO)SamacoM S Almeshri & Bros Co.AL-OLIAH Auto Spare PartsDelmon Group of CompaniesSNAMUbuyMunif Al Nahdi Group (Mize)OdiggoAccidomBawazeer Auto PartsBin sahibAHQ PartsDanya Auto PartsRezayat AutomotiveSaudi Parts Center Company (Al Khorayef Group)

Aftermarket Service Providers

Branded Workshops

AutoFixSAC MotorCastrolBEC (Best Engine Centre)Sheikh Center (SKBMW)Abu Jihad Car Maintenance CenterAc Delco Service CentresTyre Plus3M Authorized CentreMizeAdinLubCar SpaCar HubEzhalhaPetromin ExpressAuto HubExxon MobilAutoworldCastrol Branded WorkshopsShell FastlubeFuchs OneNAFTZiebartGrease MonkeyQuick Car ServiceMorni

Agency Repair

SamacoUnited Motors Express Service LaneAl JazeeraRenaultKia MotorsFast Auto TechnicMohammed Yousaf Naghi MotorsPorscheLand RoverQuick laneNissan PetrominHaji Husain Alireza & Co.Universal Motors AgenciesAljomaih Automotive Company Ltd.Alesayi MotorsAl Yemni MotorsAlissa Universal Motors Co.Bakhashab Brothers CoAl Juffali & Brothers Automotive Ltd.Wallan Hyundai

Un-Organized/ Independent Players

Middle East Auto ServicesCarzzoneGerman CentreCartechAlod HaibAl-Aruba SinnaiyahSaudi Chinese Vehicle RepairAl Shamel Car Maintenance CenterAl Nafie Car Maintenance WorkshopAlsajow Center for Car MaintenanceRed CarSaudi Egyptian Center for Car MaintenanceSRT 8Al Bayan Car MaintenanceMujahid Garage1 Check Car Services (One Examination Workshop)Saudi radiatorsGlobal Auto MaintenanceMohammed Al- Tkhais Abu RakanAnwar Al Mamlaka CenterQuick Cars ServiceBest Corner Car MaintenanceAmerican Diamond Specialist CenterCars electricity and air conditioningBadr Sentop workshop BSTGrace Monkey (International Company)Super Service Auto CenterXEOEXGerman CentreAutoGard

Rental & Leasing Industry

Rental Players

Budget rent a carTheeb rent a carAl Wefaq rent a carAutoworld rent a carKey rent a carAvis rent a carHanco rent a carSamara rent a carHertz rent a carAutorent a car

Leasing Players

Ford AljazirahBudget Rent a CarUniversal MotorsAl JomaihBest rent a carAl Tayyar rent a carEnterprise rent a carHanco rent a carTheeb rent a carShary rent a car

ERP & CRM Providing Technical Consultants

BritehouseTechedgeSaudi Business MachineTyconzAccentureTata Consultancy ServicesTech MahindraHCLUnitransNTT DataDeloitteCDK ConnectSeidorWipro

Key Topics Covered in the Report:

Saudi Arabia Automotive Industry OverviewSaudi Arabia Imports & Sales Industry (Distributors & Dealerships)Automotive Imports & Sales Industry Ecosystem, KSAValue Chain Analysis of KSA Automotive Imports & SalesAnnual Automotive Imports Traffic for Major KSA PortsAnalysis of Imported Goods & Major Countries Importing in KSAValue & Volume of Vehicles Imported, KSASegmentation of Imports on the basis of Vehicle Type, KSAAutomotive Vehicle Manufacturing Clusters Analysis, KSANew Motor Vehicle Sales, KSAMarket Segmentation of Automotive Sales on the basis of Region, KSADemographics of KSA Citizens Supporting Automotive Industry, (2019)Segmentation of Vehicle Sales on the basis of Brands & Vehicle Type, KSAMarket share of International OEMs in New Vehicle Sales, KSA (2019)Competition Analysis of Automotive Imports & Sales Industry, KSA (2019)Profiles of Major Dealerships & DistributorsBusiness Model & Revenue Stream of Importers/Distributors/DealershipsTrends & Developments in Automotive Vehicle IndustryFuture of Imports & Sales

KSA Automotive Aftermarket Spare Parts & Service Industry

KSA Aftermarket Industry EcosystemAftermarket Spare Parts IndustryKSA Aftermarket Service IndustryFuture Trends of Aftermarket Spare Parts & Service Industry

KSA Automotive Leasing & Rental Industry

Macroeconomic Overview of the Rental & Leasing IndustryKSA Automotive Leasing (Long Term) IndustryKSA Rental IndustryFuture of Leasing & Rental Industry

For more information on the research report, refer to below link:

KSA Automotive Industry

Related Reports By Ken Research: -

Saudi Arabia Automotive & Spare Parts Logistics Market Outlook to 2025

Saudi Arabia Car Rental and Leasing Market Outlook to 2023

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