The Egypt Automotive Aftermarket Service Industry Report comprehensively covers essential insights on Passenger Vehicle Sales, the Vehicle Parc in Egypt, and various types of workshops in the Egyptian Four-Wheeler Aftermarket. It details the distinctions between OEM/Authorized and Large Multi-Brand workshops, the types of vehicles serviced, including Sedan, SUV, Hatchback, CRV, MPV, and the segmentation by Car Age and Region. The report also explores both Online and Offline trends, developments, and the overall market size of the Spare Parts Aftermarket Industry in Egypt.
Gurugram, India, Aug. 01, 2022 (GLOBE NEWSWIRE) —
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Egypt’s automotive aftermarket is rapidly evolving, being recognized as one of Africa’s most dynamic markets due to the swift growth of its motoring population and escalating vehicle sales.
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E-commerce is becoming a pivotal force in the aftermarket sector, with prominent platforms like Odiggo, Egyparts, and Amazon Egypt enhancing visibility and accessibility for consumers.
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The increasing population and vehicle sales growth are driving significant growth in Egypt’s automotive aftermarket industry, alongside government initiatives aimed at reducing auto emissions.
Understanding the Growth of Egypt’s Automotive Aftermarket: The growth trajectory in Egypt has positively impacted the aftermarket sector, positioning the country as a home to one of Africa’s largest vehicle fleets, with approximately six million vehicles traversing its roads. Notably, around 5.0 million of these are passenger cars. Projections indicate that the car parc will expand by about 5% over the next five years. While the majority of passenger vehicles are traditionally petrol-powered, there is a noticeable reliance on diesel for commercial vehicles. However, this landscape is changing as the government promotes the adoption of dual-fuel vehicles capable of using both petrol and compressed natural gas (CNG). Currently, around 300,000 vehicles in Egypt utilize CNG, with expectations for this number to rise significantly in the coming years.
Exploring the Rise of E-Commerce in the Aftermarket: The e-commerce segment is rapidly establishing itself as a critical player in the aftermarket landscape through platforms like Odiggo, Tawfiqia, Egyparts, and Amazon Egypt. The Egyptian aftermarket is poised for significant expansion, offering substantial opportunities for parts manufacturers, distributors, and service providers. However, the increasing competition from local producers means that international suppliers may need to invest in local infrastructures or find innovative ways to add value in order to enhance their market presence.
Government Initiatives to Address Auto Emissions: Egypt is actively pursuing initiatives to replace traditional internal combustion engines with more eco-friendly alternatives. Recently, the government introduced programs designed to incentivize consumers to trade in older vehicles for newer models equipped with CNG engines, supported by extended credit facilities as part of its green initiative.
Shifts in Market Composition of Vehicle Brands: The composition of the vehicle fleet in Egypt is also undergoing transformation. The significant market shares once dominated by Chevrolet/Isuzu, Hyundai, Toyota, and Nissan may face challenges from the influx of European and Chinese brands, supported by preferential import duties that enhance their competitiveness.
Boosting Local Manufacturing Capabilities: Changes are underway in Egypt’s heavily import-reliant aftermarket, traditionally dominated by Asian suppliers from China, Korea, and Japan. However, suppliers from Germany and the US have now emerged among the top ten suppliers of automotive parts and components in Egypt. Leading global brands are gaining substantial market shares in crucial components. Additionally, local manufacturing is gaining traction, providing local assemblers, the aftermarket, and export markets with a variety of products, including batteries, brake components, wiring, and filters.
The report titled “Egypt Automotive Aftermarket Service Industry Outlook to 2027: Driven by burgeoning population, vehicle sales growth, and government moves to combat auto emissions” offers a thorough analysis of the status of the aftermarket service industry in Egypt. It encompasses various elements, including the market size of the automotive aftermarket service industry in terms of revenue and the number of vehicles serviced. It also reviews the ecosystem of major players in the aftermarket service sector, current trends and developments, challenges faced by the industry, government regulations, a SWOT analysis, and a Porter’s five forces analysis. The report further highlights the pain points experienced in both OEM and multi-brand aftersales workshops, as well as opportunities within the OEM and multi-brand aftermarket sectors. Additionally, it details the market size of the spare parts aftermarket industry in Egypt and the ecosystem for different types of spare parts and consumables.
Lastly, the report provides projections for the future of the Egypt Four-Wheeler Aftermarket Service Industry, including forecasted revenue and the anticipated number of vehicles serviced by 2027, with insights from analysts on significant opportunities for growth.
Key Segments of the Egypt Four-Wheeler Aftermarket Service Industry:
Market Size and Segmentation Insights
Market Segmentation by Type of Workshop:
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Organized Multi-Brands
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OEMs
Market Segmentation by Type of Vehicle Serviced:
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Sedan
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SUV
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Hatchback
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MPVs
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Crossover
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Market Segmentation by Age of Car:
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0-2 Years
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2-4 Years
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4-6 Years
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6-8 Years
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Above 8 Years
Market Segmentation by Region:
Market Segmentation by Booking Mode:
Market Segmentation by Car Brand:
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Chevrolet
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Toyota
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Hyundai
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Nissan
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Kia
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Others
Market Segmentation by Service Split:
Egypt Spare Parts Aftermarket Segmentation:
By Expenditure Category:
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Identifying Key Target Audiences:
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Automotive Companies
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OEM Vehicle Service Providers
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Multi-Brand Vehicle Service Providers
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Automotive Spare Parts Suppliers
Analysis of Major Players in the Egyptian Automotive Aftermarket:
Organized Multi-Brand Players:
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Spare-Part Importers
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SMG Engineering Automotive Company
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Ezzat Kamel Co.
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Tiba Auto Spare Parts
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El-Watania Auto Parts
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Ramtrade
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El-Magd
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Nossir Auto Parts
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A-Part
For further details on the research report, please refer to the link below:
Egypt Automotive Aftermarket Service Industry
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Indonesia Automotive Aftermarket Service Market Outlook to 2026: New players and international car variants driving growth in Indonesia’s automotive aftermarket
The revenue of Indonesia’s automotive aftermarket service industry reached USD ~ billion in 2021, with a CAGR of 5.4% from 2015 to 2021. Multi-brand workshops lead the market, providing cost-effective services and broad offerings. Approximately ~% of the after-sales market is captured by multi-brand service centers due to their competitive pricing and popularity among post-warranty vehicle owners. Conversely, OEM service centers primarily cater to pre-warranty vehicles, where high-quality service and genuine spare parts contribute to customer loyalty.
Malaysia Automotive Aftermarket Service Market Outlook to 2025: Increasing used car sales propelling the growth of Malaysia’s automotive aftermarket
The revenue of Malaysia’s automotive aftermarket service industry stood at USD ~ billion in 2020, with a recorded CAGR of 2.9% from 2015 to 2020. Users with out-of-warranty vehicles predominantly prefer multi-brand car service centers. The lower costs and availability of quality spare parts from reputable suppliers significantly enhance the growth of these centers in Malaysia. Meanwhile, OEM centers typically see a higher volume of pre-warranty vehicles, with customers favoring their high-quality service and reliability.
Vietnam Used Car Market Outlook to 2026 (Second Edition): Influenced by rising disposable income and shifting consumer preference towards four-wheelers
Vietnam’s used car market encountered a slowdown in gross transaction value between 2015 and 2021. This decline in both GTV and sales volume can be attributed to various governmental initiatives aimed at bolstering the domestic automotive industry, including tax reductions for ASEAN-imported vehicles. Historically, motorbikes have been favored due to the rural population’s lower purchasing power. However, rapid urbanization and a growing middle class are leading to increased demand for passenger cars, significantly contributing to the automotive industry’s expansion. Additionally, heightened awareness of health and hygiene, particularly due to the COVID-19 pandemic, is encouraging a shift towards private transportation over public options. Various online classified platforms like Oto and Carmudi have launched operations in Vietnam since 2013, capitalizing on the growing internet penetration and consumer preference for digital purchasing.
UAE Automotive Aftermarket Service Industry Outlook to 2026: Growth fueled by startups and a shift towards online and organized sectors
The Four-Wheeler Aftermarket service industry in the UAE recorded a CAGR of 2.5% in revenue from 2016 to 2021. Currently, the market is experiencing stagnant growth, characterized by neither substantial expansion nor decline. The growth can be attributed to the rapidly evolving automobile industry and a heightened focus among drivers on enhancing vehicle performance. Increased consumer awareness regarding vehicle maintenance and the demand for long-distance driving options are further propelling market expansion. The swift adoption of online platforms by market participants, coupled with advanced technologies, presents lucrative opportunities for the UAE automotive aftermarket. With stable fuel prices and high disposable incomes, consumer demand for private vehicles remains robust. In light of economic pressures, many consumers are delaying new car purchases, which is expected to elevate the average age of vehicles, benefitting the aftermarket service sector.
India Two-Wheeler Aftermarket Services Industry Outlook to 2027: Growth driven by the rise in two-wheeler sales and shifting consumer preferences
This report also emphasizes the segmentation of the India Two-Wheeler Aftermarket Services Industry by vehicle type (Motorcycles and Scooters), age of the two-wheeler (0-2 years, 2-4 years, 4-6 years, 6-8 years, and 8 years & above), regions (North, South, East, and West), service types (Non-Crash Repair, Crash Repair, and Body Care), workshop types (Organized & Unorganized Multi-Brand and OEM), and brands (Hero MotoCorp, Honda, TVS, Bajaj Auto, Suzuki, and others). The report concludes with future projections for the industry, including revenue forecasts and the anticipated number of vehicles serviced by 2027, alongside insights from industry analysts on emerging opportunities.
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Ken Research
Ankur Gupta, Head of Marketing & Communications
[email protected]
+91-9015378249
CONTACT: Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications [email protected] +91-9015378249
