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UAE automotive aftermarket to reach US$1.91 billion by 2028, with SE Asian companies playing pivotal role

07.11.2024

Southeast Asian (SEA) automotive companies are playing a pivotal role in the UAE expansion, contributing approximately 5% of the market share and driving innovation, sustainability, and technological advancements

Automechanika Dubai will be held at the Dubai World Trade Centre from 10-12 December

Automechanika Dubai has highlighted the expected growth of the UAE's automotive aftermarket industry to reach $1.91 billion by 2028 during an official networking event held under the theme Strengthening Collaborations: Southeast Asia and UAE.

According to Glasgow Research & Consulting, the UAE is on track to experience substantial growth as a result of rising vehicle ownership, technological advancements, and robust demand for vehicle parts and services across the region is fuelling the growth.

A key driver is the increasing involvement of Southeast Asian automotive companies, which now contribute 5% of the market share. These companies are becoming increasingly important in the UAE's automotive aftermarket, bringing a wealth of expertise, cost-effective solutions, and high-quality products that are transforming the sector.

The insights were revealed at an Automechanika Dubai Network event chaired by Vishal Pandey, Director of Glasgow Research & Consulting. Speaking at the event, Pandey said: “As vehicle ownership continues to rise in the UAE, driven by economic recovery and infrastructure development, the demand for aftermarket parts and services is expected to surge.

“With Southeast Asian companies playing a critical role, the market is well-positioned to address the needs of the evolving automotive landscape. The focus of these companies on sustainability and advanced technologies will also help shape the industry's future, aligning with the UAE’s vision for a greener, more efficient automotive sector.”

Other presentations included an opening keynote speech by Mohammad Al Kassim, Investment Attraction Director, Dubai Chambers, where he addressed strengthening the economic corridor between the UAE and Southeast Asia for sustainable growth and innovation. Bakri Bin Alias, Senior General Manager, Malaysian Automotive, Robotics & IoT Institute, provided insights into the region’s expertise and sustainability focus as part of a session outlining Southeast Asia’s innovation within the automotive market.

As part of Automechanika Dubai this year, visitors will have the opportunity to experience Southeast Asia’s automotive landscape as part of the exhibition's regional focus event. More than 100 exhibitors will be on show covering a range of verticals, including manufacturers, suppliers, and industry experts from the region, showcasing the latest products, technologies, and solutions.

Attendees will have the opportunity to learn about the latest emerging trends, market insights, and business opportunities shaping the future of the automotive sector in the region.

Commenting on the market, Mahmut Gazi Bilikozen, Portfolio Director at Automechanika Dubai organiser Messe Frankfurt Middle East, said: “Southeast Asian companies are renowned for their innovation and competitive pricing and have established a solid foothold in the UAE market.

“With strategic partnerships and regional synergies, they are enhancing the availability of automotive components, including tyres, batteries, and mechanical parts. Their presence caters to the growing demand for aftermarket services and contributes to the local economy by fostering job creation and skills development within the industry.

Automechanika Dubai covers ten specialised product categories: Parts & Components, Electronics & Connectivity, Accessories & Customising, Tyres & Batteries, Car Wash & Care, Oils & Lubricants, Diagnostics & Repair, Body & Paint, Management & Digital Solutions and Innovation4Mobility.

The exhibition, the leading exhibition for the automotive aftermarket industry in the wider Middle East region, will be co-located with Logimotion, a new addition to the Messe Frankfurt Middle East portfolio and a pioneering event for the global logistics industry.

About Automechanika Dubai

Automechanika Dubai is the largest international automotive aftermarket trade show in the Middle East taking place at the Dubai World Trade Centre between 10-12 December 2024. Automechanika Dubai acts as the central trading link for markets that are difficult to reach connecting the wider Middle East, Africa, Asia, and key CIS countries.

For more information, please visit our website.

About Messe Frankfurt

The Messe Frankfurt Group is the world’s largest trade fair, congress and event organiser with its own exhibition grounds. With a workforce of some 2,300 people at its headquarters in Frankfurt am Main and in 28 subsidiaries, it organises events around the world. Group sales in financial year 2023 were more than € 609 million. We serve our customers’ business interests efficiently within the framework of our Fairs & Events, Locations and Services business fields. One of Messe Frankfurt’s key strengths is its powerful and closely knit global sales network, which covers around 180 countries in all regions of the world. Our comprehensive range of services – both onsite and online – ensures that customers worldwide enjoy consistently high quality and flexibility when planning, organising and running their events. We are using our digital expertise to develop new business models. The wide range of services includes renting exhibition grounds, trade fair construction and marketing, personnel and food services.

Sustainability is a central pillar of our corporate strategy. Here, we strike a healthy balance between ecological and economic interests, social responsibility and diversity.

For more information, please visit our website at: www.messefrankfurt.com/sustainability

With its headquarters in Frankfurt am Main, the company is owned by the City of Frankfurt (60 percent) and the State of Hesse (40 percent).

Further information: www.messefrankfurt.com

About Messe Frankfurt Middle East

Messe Frankfurt Middle East’s portfolio of exhibitions includes: Automechanika Dubai, Automechanika Riyadh, Beautyworld Middle East, Beautyworld Saudi Arabia, Intersec, Intersec Saudi Arabia, Gifts & Lifestyle Middle East, Logimotion, Light + Intelligent Building Middle East and Paperworld Middle East. In the 2023/24 event season, Messe Frankfurt Middle East exhibitions combined featured 6,324 exhibitors from over 60 countries and attracted 224,106 visitors from 156 countries.

For more information, please visit our website.