Ignite Your Engines: Explore how the Tech Trends will Shape the Automotive Industry in KSA! : Ken Research With a strategic roadmap to reduce oil dependency and curb imports, KSA is stepping on the accelerator to rev up domestic manufacturing and turbocharge industrial development. With a notable decline in import volume during the period of 2016-2021, KSA’s government initiatives to build in-house manufacturing capabilities have been gaining traction. As a result, the automotive… Read More »
Accelerating Forward: Over 100,000 Car Plates Issued in 2022 in KSA Automotive Market, Propelled by Vision 2030 – What’s on the Horizon for Saudi Arabia’s Auto Industry?: Ken Research The Automotive Market in KSA is moderately fragmented with highly competitive rivalry among the competitors. Some of the popular Automotive brands like Petro Min, Saudi Parts Center Company and Atlobha compete on the basis of Price, Technology Advancement and Strong Acquisitions. 1. Driving Ahead: Growth in Driving Licenses and Registered Cars across All Regions in… Read More »
KSA Automotive Aftermarket Service Industry Adds around SAR 30 Bn in 2022 – What Lies Ahead for Saudi Arabia’s Auto Service Sector? Ken Research Automotive Industry in KSA is expected to growth at a robust CAGR of 9.8% in next 5 years, says a report by Ken Research 1. KSA Aftermarket Services: Overcoming Challenges of Pandemic-induced Downturn with a Positive Outlook for the Future. To Know About KSA Aftermarket Service Industry Overview: Click Here Dealer owned service centers are able to earn maximum… Read More »
KSA Automotive Market Sells Over 600,000 Cars in 2022 with a Blend of Imports and Domestic Production. What’s Next for the Future of the Industry? : Ken Research Automotive Industry in KSA has shown growth of CAGR of 3.5% during 2017-2022, says a report by Ken Research 1. Rebounding Strong: How Rising Consumer Sentiments Since the 2014 Oil Price Crisis are Driving a Resilient Economy Focused on Local Manufacturing and Efficient Digitization. To know Demographics of KSA Citizens Supporting Automotive Industry: Click Here… Read More »
