Driving Towards a booming Future: UAE Automotive Aftermarket Projected to Skyrocket at 7% CAGR by 2025 Amid Rising number of Cars on the road: Ken Research 1.The number of automobiles in UAE has substantially grown with the introduction of electric vehicles. The aspiration of reaching climate goals will further accelerate the market for oil-alternative transportation. The Middle-East electric vehicle market was valued at USD 35 million in 2020. Apart from the traditional automotive aftermarket, the UAE is also witnessing the emergence… Read More »
THE UAE automotive aftermarket is expected to reach a market size of AED 33 billion (US$9 billion) by 2025. Will UAE continue to foster automotive aftermarket service market: Ken Research 1. Shift towards private transportation owing to the pandemic has led to increase in private vehicles in UAE Click to know: More Recent Developments in Car industry UAE As it stands, Japanese brands dominate the UAE market with a market share of 70%. Toyota has been the consistent market leader in the 2015 to 2020… Read More »
