Saturday, November 26, 2022

Email id: support@kenresearch.com, Contact Us : +91-9015378249

Home Automotive, Transportation and Warehousing Egypt Four-Wheeler Aftermarket Service Industry is expected to grow at a CAGR...

Egypt Four-Wheeler Aftermarket Service Industry is expected to grow at a CAGR of 19% between 2021 and 2027 in terms of Revenue: Ken Research

Key Findings

  • Egypt’s automotive aftermarket is accelerating and has been dubbed “one of Africa’s most exciting markets” as its motoring population and vehicle sales grow rapidly
  • E-commerce is fast emerging as a significant aftermarket force through highly visible platforms such as Odiggo, Egyparts and Amazon Egypt.
  • A burgeoning population, vehicle sales growth, is fueling a boom in Egypt’s automotive aftermarket industry and government moves to combat auto emissions.

Egypt Automotive Aftermarket Market Growth: The growth has fed into the aftermarket, with the country now being home to one of Africa’s largest vehicle fleets with around six million vehicles on the country’s roads, with the majority – approximately 5.0 million – being passenger cars. The car parc is further expected by ~5% in the next five years. Most passenger cars are petrol-powered, while many commercial vehicles rely on diesel engines but that could soon change. The government is increasing the share of dual-fuel cars, which can use both petrol and compressed natural gas (CNG). Around 300,000 vehicles in Egypt already use CNG. This number will likely increase further over the next years.

Emergence of E-Commerce: E-commerce is fast emerging as a significant aftermarket force through highly visible platforms such as Odiggo, Tawfiqia, Egyparts and Amazon Egypt. The Egyptian aftermarket is ripe for growth and to offer up great opportunities for parts producers, distributors, and service providers, but increasing competition from local producers may mean overseas suppliers will need to invest in their own on-the-ground structures or seek out ways to add value locally to increase market shares.

Egypt Automotive Aftermarket Service Market Revenue

Government moves to combat auto emissions: Egypt is also taking bold steps to replace internal combustion engines with more environmentally friendly alternatives. Last year the government announced an initiative to encourage consumers to replace old vehicles for new ones operating on CNG engines with extended credit facilities among its green program incentives.

Brand make-up of the country: Even the brand make-up of the country’s vehicle fleet is changing. The significant market shares held by Chevrolet/Isuzu, Hyundai, Toyota, and Nissan could be eroded by the entry of European and Chinese brands fueled by preferential import duties.

Growth in local manufacturing: Change is also coming to Egypt’s heavily import-driven aftermarket, which is dominated by Asian suppliers, namely China, Korea, and Japan. However, Germany and the US now rank among the country’s top ten suppliers of parts and components and globally leading brands enjoy relatively high market shares for crucial parts. But the local component manufacturing market is gaining ground and supplying local vehicle assemblers, the aftermarket and export markets with a range of batteries, brake parts, wiring and filets.

The report titled Egypt Automotive Aftermarket Service Industry Outlook to 2027: Driven by burgeoning population, vehicle sales growth and government moves to combat auto emissionsprovides a comprehensive analysis on the status of aftermarket service industry in Egypt. The report covers various aspects including automotive aftermarket service industry market size on the basis of revenue and number of vehicles serviced, ecosystem of major entities in aftermarket service industry in Egypt, trends & developments, issues & challenges faced by the industry, government regulations, SWOT Analysis, Porter 5 forces analysis, pain points in OEM and multi brand aftersales workshops, opportunities in OEM and multi brand aftermarket industry, market size of spare parts aftermarket industry in Egypt, ecosystem by different type of spare parts & consumables market, competition in OEM Workshops, and other aspects. Further, the report focuses on the Egypt Four Wheeler Aftermarket Service Industry Segmentation by Type of Workshop (Organized Multi-Brands and OEMs); by Type of Vehicle Serviced (Sedans, SUVs, Hatchbacks, MPVs and Crossover); by Age of Car (0-2 Years, 2-4 Years, 4-6 Years, 6-8 Years, Above 8 Years); by Region (Greater Cairo, Alexandria, Mansour, Delta and Suez Canal, and Others); by Booking Mode (Online, and offline); By Car Brand (Chevrolet, Toyota, Hyundai, Nissan, Kia, and Others); and by Service Split (Mechanical and Electrical, General, Body Care, Body Repair).

Egypt Four Wheeler Aftermarket Service Industry report concludes with projections for the future of the industry including forecasted revenue and number of vehicle serviced by 2027, and analysts’ take on the future highlighting the major opportunities. 

Key Segments Covered in Egypt Four Wheeler Aftermarket Service Industry

  • Egypt Four Wheeler Aftermarket size by
  • Revenue generated
  • Number of Vehicles Serviced
  • Market Segmentation By Type of Workshop
  • Organized Multi-Brands
  • OEMs
  • Market Segmentation By Type of Vehicle Serviced
  • Sedan
  • SUV
  • Hatchback
  • MPVs
  • Crossover
  • Market Segmentation By Age of Car
  • 0-2 Years
  • 2-4 Years
  • 4-6 Years
  • 6-8 Years
  • Above 8 Years

Request for Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTgxNjUy

  • Market Segmentation By Region
  • Greater Cairo
  • Alexandria
  • Mansour, Delta and Suez Canal
  • Others
  • Market Segmentation By Booking Mode
  • Online
  • Offline
  • Market Segmentation By Car Brand
  • Chevrolet
  • Toyota
  • Hyundai
  • Nissan
  • Kia
  • Others
  • Market Segmentation By Service Split
  • Mechanical and Electrical
  • General
  • Body Care
  • Body Repair

Egypt Spare Parts Aftermarket Segmentation

  • By Expenditure Category
  • Services
  • Spare Parts & Consumables

Key Target Audience

  • Automotive Companies
  • OEM Vehicle Service Companies
  • Multi Brand Vehicle Service Companies
  • Automotive Spare Parts Companies

Time Period Captured in the Report:

  • Historical Period: FY’2016-FY’2021
  • Forecast Period: FY’2021-FY’2027

Automotive Aftermarket Service Companies in Egypt:

  • OEMs
  • Ghabbour Auto Group
  • Al-Mansour Automotive
  • Abou Ghaly Motors
  • Ezz-Elarab Automotive Group
  • Kasrawy Group
  • El-Nasr Automotive
  • Star National Automotive
  • El-Tarek Automotive
  • National Motors
  • Organized Multi-Brand Players
  • Car Viseta
  • SIXT
  • FMS Egypt
  • MAYDAY Assistance Services
  • 7 Cylinders
  • Auto Zone
  • Auto Spot Service Centre
  • Car Clinic
  • Spare-Part Importers
  • SMG Engineering Automotive Company
  • Ezzat Kamel Co.
  • Tiba Auto Spare Parts
  • El-Watania Auto Parts
  • Ramtrade
  • El-Magd
  • Nossir Auto Parts
  • A-Part

Key Topics Covered in the Report

  • Egypt Four Wheeler Aftermarket Service Industry Overview
  • Comparison of Egypt Automotive Industry with other Countries
  • Vehicle Parc in Egypt, FY’16-FY’21
  • Egypt Four Wheeler Aftermarket Service Industry Segmentation, FY’21
  • Comparison of Top Offline Workshops for Car Servicing in Egypt
  • Analysis of Multi-Brand and OEM Workshops in Egypt
  • Spare Parts Landscape in Egypt
  • Operating Model of Spare parts in Egypt
  • Market Size of Spare Parts Aftermarket in Egypt
  • Ecosystem of Major Entities in Spare Parts and Consumables Industry in Egypt
  • Future Outlook of the Four Wheeler Aftermarket Services Industry in Egypt
  • Future Market Size on the basis of Revenue and Number of Vehicles Serviced, 2021-2027E
  • Future Market Size of Spare Parts Aftermarket in Egypt

Related Reports

Indonesia Automotive Aftermarket Service Market Outlook to 2026: Influx of new players and car variants from abroad are contributing to the growth of automotive aftermarket service industry in Indonesia

Malaysia Automotive Aftermarket Service Market Outlook to 2025: Surging Used Car Sales contributing to the Growth of Automotive Aftermarket Service Industry in Malaysia

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

RELATED ARTICLES

Qatar Auto Finance Market is expected to reach QR 18.9 Bn in 2026F

Buy Now Qatar will host the FIFA World Cup 2022 which is expected to increase the tourist flow (more than 1 mn tourists are...

Technology advancement, Cross Border E-commerce, and Increased local penetration by E-Commerce Platforms are some of the key growth drivers of the Singapore e-commerce industry:...

Buy Now Driven by the Entry of Home-Grown Players and Developing Logistics Infrastructure, the logistics market in Singapore has ample growth potential in the coming...

3 Key Insights on Competitive Landscape in the Global Solid-state Battery Market: Ken Research

Buy Now Regional players dominate the market holding nearly 40% of revenue share despite the presence of about 100 competitors comprising global players, regional players,...

Most Popular

3 Key Insights on US$ 20 Bn Opportunity in the Global Nanomaterials Market – Ken Research

Buy Now Driven by the increasing demand for nanomaterials in the healthcare and electronics sectors among other end industries, growing investments in research & development...

An increasing ageing population, changing lifestyles, and increased private and public health care expenditure are driving growth of India Dental Services Market: Ken Research

Buy Now “The Dental Services Market in India saw a dip in the growth rate in FY’2021 due to the Covid-19 pandemic and dental clinics...

Qatar Auto Finance Market is expected to reach QR 18.9 Bn in 2026F

Buy Now Qatar will host the FIFA World Cup 2022 which is expected to increase the tourist flow (more than 1 mn tourists are...

Technology advancement, Cross Border E-commerce, and Increased local penetration by E-Commerce Platforms are some of the key growth drivers of the Singapore e-commerce industry:...

Buy Now Driven by the Entry of Home-Grown Players and Developing Logistics Infrastructure, the logistics market in Singapore has ample growth potential in the coming...