Report

UAE Car Accessories Market Report and Forecast 2032

132 pages Dec 2024
UAE Car Accessories Market Report and Forecast 2032

UAE Car Accessories Market Report and Forecast 2032

UAE Car Accessories Market Share, Size, Analysis, Growth, and Report - By Location (Interior, Exterior Accessories), By Vehicle Type (Hatchback, Sedan, SUV/MPV), By Demand Category (OEM, Replacement), By Sales Channel (Online, Offline), and Others

  • Automotive & Transport
  • Pages : 132
  • Dec 2024
  • Report Format :  

    pdf ppt xl

UAE Car Accessories Market

 

Source: The Report Cube

Study Period
2020- 2032
Market (2024)
USD 201.4 Million
Market (2032)
USD 277.76 Million
CAGR
4.10%
Major Markets Players
Al Mushrif Auto Accessories , Al Taif Car Accessories , Bab AI Satwa Car Accessories , Car Care Auto Accessories , Car Mart Delta Plus  and Others

Understand The Key Trends Shaping This Market

Download Free Sample

UAE Car Accessories Market Insights & Analysis

The UAE Car Accessories Market is anticipated to register a CAGR of around 4.10% during the forecast period, i.e., 2025-32. Along with this, the market is valued at USD 201.4 million in 2024 & is foreseen to reach nearly USD XX in 2032. The industry is being influenced by elevated demand for autonomous & connected passenger cars, as well as the rising adoption of electric vehicles. Along with this, constant technical advancements in passenger car accessories, as well as the surging need for infotainment system installation, are probable to upscale growth in the UAE Car Accessories Market over the following five years. Car accessories are items that a consumer installs in his car to enhance comfort, convenience, security, and safety. Nowadays, car accessories enhances the appearance & comfort of the vehicle and interior innovations, such as MP3 players, LCDs, sound systems, and microphones, aids in improving long-distance trip experience.

Moreover, the augmented urbanization of society, growing per capita income, and shifting lifestyles are some of the aspects impacting consumer investments on passenger vehicles. The mounting trend of private vehicle ownership is predicted to have an impact on passenger automobile sales. Optional car accessories improve a vehicle's comfort, security, mobility, and safety for the driver. Accessories enhances the visual appeal of a vehicle & give drivers the assurance to maneuver more professionally. Also, the need for car accessories is aggregating as the passenger automotive market's sales continue to infuse. Further, over the future years, the UAE Car Accessory Market is foreseen to expand profitably owing to the escalating automotive sector.

Furthermore, several factors impact the growth & development of the vehicle accessory sector. The impulsive nature of the economy, along with fluctuating customer purchase preferences, presents a substantial challenge. Also, rapid technological progress is both an opportunity & a struggle as it demands ongoing innovation in order to keep up with the latest trends & add new functionalities to accessories, thus eventually positively affecting the UAE Car Accessories Market outlook in the following years.

UAE Car Accessories Market Dynamics

  • Developments in Technology to Upscale the Market Demand

Consumers are inclined towards the purchase of automotive accessories owing to the consistent growth of technology & technological innovations. Advanced automotive accessories give passengers a classy style, comfort, and convenience when riding in the car. To upscale sales, car accessory producers improve the quality of the materials employed in the manufacturing process. Also, manufacturers have begun to deploy fuel-efficient & lightweight materials for making passenger automobile accessories. Additionally, the launch of modern systems, including new lighting systems, dynamic window displays, and biometric entry into cars is likely to have a positive impact on the UAE Car Accessories Market demand during the forecast period.


UAE Car Accessories Market Report and Forecast 2032

  • High Economic Dependence on Oil to Limit the Growth Graph of the Market

The UAE's economic reliability on oil has a significant impact on consumer purchasing patterns, notably on discretionary products like vehicle accessories. Instabilities in global oil costs have a direct impact on the nation's economic stability, as oil earnings account for a considerable share of the UAE GDP. During time of low oil prices, government revenues & household earnings might decline, resulting in lower consumer expenditure on non-essential products. Also, car accessories, which are frequently perceived as luxury or lifestyle additions, are specifically sensitive to such downfalls.

Moreover, businesses across the sector faces challenges like declining demand & lower profit margins. Further, this dependence on oil-driven economic cycles causes market unpredictability, depressing long-term investment & innovation in the Car Accessories Market. Also, to maintain & sustain expansion in this industry, the economy must be expanded & industries that are not dependent on oil earnings should be exhilarated.

  • Integration of Infotainment Systems in Passenger Cars to Infuse Market Growth

High-speed internet connections & the predictive rollout of 5G technologies are enhancing the country's connection. Customers are observed to be investing in smart gadgets, thus upsurging demand for entertainment systems in passenger cars. A modern vehicle's infotainment system includes Bluetooth, a CD player, GPS, control panels, a lighter port, several speakers, and a video screen to improve the driving experience. Also, original equipment manufacturers have begun to offer infotainment systems in the mid- & small-car categories, which are foreseen to see substantial demand owing to the rising sales of vehicles in this range.

Additionally, the leading companies are aiming to improve infotainment systems so that they are compatible with connected & autonomous vehicles, as well as launching innovative versions of the infotainment system to get customer attention. Also, the consumers' instigated interest in infotainment systems is anticipated to push up demand in the national marketplace.

UAE Car Accessories Market Segment-wise Analysis

By Location:

  • Interior Accessories
  • Exterior Accessories

Interior Accessories are more demanding in the UAE Car Accessories Market and is presumed to uphold the potential market share in the following years. This dominance is influenced by UAE consumers' great desire for luxury, convenience, and personalization in their cars, which reflect the country's lifestyle & climatic circumstances. Moreover, seat covers, steering wheel covers, infotainment systems, ambient lighting, and sunshades are common interior modifications that meet practical needs, like shielding against the intense desert heat & improving the driving experience. Also, the increasing requirement of luxury & customization among car owners strengthens the Interior Car Accessories Market.

By Vehicle Type:

  • Hatchback
  • Sedan
  • SUV/MPV

The SUV/MPV segment to account for the largest share of the UAE Car Accessories Market. This is attributed to the stems from the country’s fondness for larger, more adaptable cars that can meet both urban & off-road driving requirements. SUVs & MPVs are popular among families, adventurers, and expats owing to their spacious interiors, powerful performance, and adaptability for the UAE's desert terrain & harsh climatic conditions. Moreover, roof racks, off-road tires, custom lighting, electronics enhancements, and protective coatings are prevalent aftermarket things for these cars. Also, the rising popularity of luxury SUVs drives the demand for premium accessories designed to enhance comfort, aesthetics, and functionality.

What Does Our UAE Car Accessories Market Research Study Entail?

  • The UAE Car Accessories Market Research Report highlights the forecast growth rate or CAGR by anticipating the market size & share.
  • The market analysis puts light upon the primary industry trends, driving aspects, potential opportunities, growth challenges, and other major factors.
  • The UAE Car Accessories Market Research Report entails details about the most critical shifts in market share in the prominent regions.
  • Considering the statistics & the developments by the primary market competitors, our report also strives to demonstrate the most sought-after strategies of the key players.

Table of Contents

  1. Introduction
    1. Objective of the study
    2. Product Definition
    3. Market Segmentation
    4. Study Variables
  2. Research Methodology
    1. Secondary Data Points
      1. Companies Interviewed
    2. Primary Data Points
      1. Break Down of Primary Interviews
  3. Executive Summary
  4. Market Dynamics
    1. Drivers
    2. Challenges
    3. Opportunity Assessment
  5. Recent Trends and Developments
  6. Policy and Regulatory Landscape
  7. UAE Car Accessories Market Overview (2020-2032)
    1. Market Size, By Value (in USD Billions)
    2. Market Share, By Location
      1. Interior
      2. Exterior Accessories
    3. Market Share, By Vehicle Type
      1. Hatchback
      2. Sedan
      3. SUV/MPV
    4. Market Share, By Demand Category
      1. OEM
      2. Replacement
    5. Market Share, By Sales Channel
      1. Online
      2. Offline
    6. Market Share, By Region
      1. Dubai
      2. Abu Dhabi
      3. Sharjah
      4. Rest of UAE
    7. Market Share, By Competitors
      1. Competition Characteristics
      2. Revenue Shares
  8. UAE Interior Car Accessories Market Overview, 2020-2032F
    1. By Value (USD Million)
    2. By Vehicle Type- Market Size & Forecast 2019-2030, USD Million
    3. By Demand Category- Market Size & Forecast 2019-2030, USD Million
    4. By Sales Channel- Market Size & Forecast 2019-2030, USD Million
  9. UAE Exterior Accessories Car Accessories Market Overview, 2020-2032F
    1. By Value (USD Million)
    2. By Vehicle Type- Market Size & Forecast 2019-2030, USD Million
    3. By Demand Category- Market Size & Forecast 2019-2030, USD Million
    4. By Sales Channel- Market Size & Forecast 2019-2030, USD Million
  10. Competitive Outlook (Company Profile - Partila List)
    1. Al Mushrif Auto Accessories 
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    2. Al Taif Car Accessories 
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    3. Bab AI Satwa Car Accessories 
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    4. Car Care Auto Accessories 
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    5. Car Mart Delta Plus 
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    6. Directed Auto 
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    7. Fawaz Al-Khateeb 
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    8. Galadari Automobiles Co Ltd LLC 
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    9. Top Star Trading LLC 
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    10. Others
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
  11. Contact Us & Disclaimer

List of Figure

Figure 1: Research Methodology Framework
Figure 2: Secondary Data Sources Overview
Figure 3: Breakdown of Primary Data Interviews
Figure 4: UAE Car Accessories Market Size (2020-2032) - USD Billion
Figure 5: Market Share by Location - Interior vs. Exterior Accessories
Figure 6: Market Share by Vehicle Type - Hatchback, Sedan, SUV/MPV
Figure 7: Market Share by Demand Category - OEM vs. Replacement
Figure 8: Market Share by Sales Channel - Online vs. Offline
Figure 9: Regional Market Share Distribution - Dubai, Abu Dhabi, Sharjah, Rest of UAE
Figure 10: Competitive Landscape - Revenue Shares by Competitors
Figure 11: UAE Interior Car Accessories Market Overview (2020-2032) - Value in USD Million
Figure 12: Interior Accessories Market Size & Forecast by Vehicle Type (2019-2030)
Figure 13: Interior Accessories Market Size & Forecast by Demand Category (2019-2030)
Figure 14: Interior Accessories Market Size & Forecast by Sales Channel (2019-2030)
Figure 15: UAE Exterior Car Accessories Market Overview (2020-2032) - Value in USD Million
Figure 16: Exterior Accessories Market Size & Forecast by Vehicle Type (2019-2030)
Figure 17: Exterior Accessories Market Size & Forecast by Demand Category (2019-2030)
Figure 18: Exterior Accessories Market Size & Forecast by Sales Channel (2019-2030)
Figure 19: Competitive Profiles Overview - Key Players
Figure 20: Al Mushrif Auto Accessories - Business Segments and Alliances
Figure 21: Al Taif Car Accessories - Business Segments and Alliances
Figure 22: Bab AI Satwa Car Accessories - Business Segments and Alliances
Figure 23: Car Care Auto Accessories - Business Segments and Alliances
Figure 24: Car Mart Delta Plus - Business Segments and Alliances
Figure 25: Directed Auto - Business Segments and Alliances
Figure 26: Fawaz Al-Khateeb - Business Segments and Alliances
Figure 27: Galadari Automobiles Co Ltd LLC - Business Segments and Alliances
Figure 28: Top Star Trading LLC - Business Segments and Alliances
Figure 29: Others - Market Players Overview

List of Table

Table 1: Objective of the Study
Table 2: Product Definition and Specifications
Table 3: Market Segmentation Criteria
Table 4: Study Variables Description
Table 5: Secondary Data Points Summary
Table 6: Companies Interviewed for Primary Research
Table 7: Primary Data Points Collected
Table 8: Breakdown of Primary Interviews by Respondent Type
Table 9: Executive Summary - Key Market Highlights
Table 10: Market Dynamics - Drivers and Challenges Summary
Table 11: Opportunity Assessment Matrix
Table 12: Recent Trends and Developments Overview
Table 13: Policy and Regulatory Landscape Summary
Table 14: UAE Car Accessories Market Size by Year (2020-2032)
Table 15: Market Share by Location (Interior vs. Exterior Accessories)
Table 16: Market Share by Vehicle Type (Hatchback, Sedan, SUV/MPV)
Table 17: Market Share by Demand Category (OEM vs. Replacement)
Table 18: Market Share by Sales Channel (Online vs. Offline)
Table 19: Market Share by Region (Dubai, Abu Dhabi, Sharjah, Rest of UAE)
Table 20: Revenue Shares of Key Competitors
Table 21: UAE Interior Car Accessories Market Size by Year and Segment (USD Million)
Table 22: Interior Accessories Market Forecast by Vehicle Type (2019-2030)
Table 23: Interior Accessories Market Forecast by Demand Category (2019-2030)
Table 24: Interior Accessories Market Forecast by Sales Channel (2019-2030)
Table 25: UAE Exterior Car Accessories Market Size by Year and Segment (USD Million)
Table 26: Exterior Accessories Market Forecast by Vehicle Type (2019-2030)
Table 27: Exterior Accessories Market Forecast by Demand Category (2019-2030)
Table 28: Exterior Accessories Market Forecast by Sales Channel (2019-2030)
Table 29: Company Profiles Summary - Partila List
Table 30: Al Mushrif Auto Accessories - Financial and Business Overview
Table 31: Al Taif Car Accessories - Financial and Business Overview
Table 32: Bab AI Satwa Car Accessories - Financial and Business Overview
Table 33: Car Care Auto Accessories - Financial and Business Overview
Table 34: Car Mart Delta Plus - Financial and Business Overview
Table 35: Directed Auto - Financial and Business Overview
Table 36: Fawaz Al-Khateeb - Financial and Business Overview
Table 37: Galadari Automobiles Co Ltd LLC - Financial and Business Overview
Table 38: Top Star Trading LLC - Financial and Business Overview
Table 39: Others - Market Players Overview

Top Key Players & Market Share Outlook

  • Al Mushrif Auto Accessories 
  • Al Taif Car Accessories 
  • Bab AI Satwa Car Accessories 
  • Car Care Auto Accessories 
  • Car Mart Delta Plus 
  • Directed Auto 
  • Fawaz Al-Khateeb 
  • Galadari Automobiles Co Ltd LLC 
  • Top Star Trading LLC 
  • Others

Frequently Asked Questions

   A. The UAE Car Accessories Market is anticipated to witness a rise at a CAGR of around 4.10% during the forecast period, i.e., 2025-32.

   A. The developments in technology to instigate the UAE Car Accessories Market demand graph through 2032.

   A. The high economic dependence on oil to limit the UAE Car Accessories Market demand.

   A. The leading companies in the UAE Car Accessories Market are Al Mushrif Auto Accessories, Al Taif Car Accessories, Bab AI Satwa Car Accessories, Car Care Auto Accessories, Car Mart Delta Plus, Directed Auto, Fawaz Al-Khateeb, Galadari Automobiles Co Ltd LLC, Top Star Trading LLC, Others