MarkNtel Advisors analyses the growth rate of the Middle East Auto Component market in the forecast period from 2023 to 2028. In addition to comprehensive market insights such as market value, growth rate, market segmentation, key market players, and market dynamic. This detailed analysis aims to provide valuable information for stakeholders in the Middle East Auto Component market, helping them make informed decisions.

Market Outlook – 2023-2028:

The Middle East Auto Component Market is expected to grow at a CAGR of around 7% during the forecast period, i.e., 2023-28. Most of the market expansion would be driven by the high-income population and the mounting influx of migrants & tourists, especially in the UAE. Consequently, the ever-increasing vehicle production & sales are augmenting the demand for different auto components, such as brake parts, batteries, lubricants, tires, & filters, among others, across the entire Middle East.

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Key Company Profiles

This report explores recent significant developments in the Middle East Auto Component Market, focusing on the leading companies and their innovative profiles. The major players in the Middle East Auto Component Market, featured in this report, include:

  • Johnson Control International Plc
  • Goodyear Middle East FZE
  • Robert Bosch Middle East
  • ExxonMobil Middle East Marketing Corp.
  • Shell Markets Middle East
  • AC Delco Middle East and Africa
  • Amaron Batteries
  • Michelin AIM FZE
  • The Yokohama Rubber Co. Ltd.
  • Bridgestone Middle East and Africa FZE

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Market Segmentation & Coverage

This research report by MarkNtel Advisors categorizes the Middle East Auto Component Market to forecast revenues and analyse trends across each of the following sub-markets:

  • By Vehicle Type
    • Passenger Cars
    • Commercial Vehicles
    • OTR
    • Two wheelers

Of them all, passenger cars dominate the Middle East Auto Component Market with the largest share.

  • By Component Type
    • Filters
    • Lubricants
    • Tires
    • Brake Components
    • Battery
  • By Distribution
    • OEMs
    • Replacement
  • By Country
    • UAE
    • Saudi Arabia
    • Iran
    • Israel
    • Oman
    • Kuwait
    • Qatar

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Key Questions Addressed:

  • Market Size and Growth Projections: What is the current size of the market, and how is it expected to grow?
  • Investment Opportunities: Which products, segments, and regions present the most attractive investment opportunities?
  • Technology Trends and Regulatory Influences: What are the prevailing technology trends and regulatory factors influencing the market?
  • Competitive Ranking: How do top vendors rank regarding market share and competitive positioning?
  • Revenue Sources and Strategic Opportunities: What revenue sources and strategic opportunities guide vendors' market entry or exit decisions?

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