Friday, July 29, 2022

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

Home Automotive, Transportation and Warehousing Saudi Arabia Automotive & Spare Parts Logistics Market Outlook, Industry, Size, Share,...

Saudi Arabia Automotive & Spare Parts Logistics Market Outlook, Industry, Size, Share, Growth, Trends and Forecast 2025: Ken Research

Saudi Arabia has been setting measures toward diversifying its economy away from oil, thus undertaking an ambitious way to evolve the go-to logistics hub for the area. 

A volatile development pattern characterizes Saudi Arabia’s Automotive & Spare Parts Logistics Market. Automotive logistics revenue totaled USD ~ Million in 2019 but declined at a CAGR of ~% during 2014-2019, largely due to the oil price shock and ensuing economic slowdown from 2016-2017. The automotive industry in Saudi Arabia is favorably dependent on imports from different countries.

Research-based companies have looked deeply into the Saudi Arabia Automotive & Spare Parts Logistics Market and found that there will be significant growth in the industry in the next few years. The Saudi Arabia automotive spare parts logistics market, provides an industry overview, including market size, market share, growth trends, and forecasts for 2023 to 2028. 

The market dynamics division of the report elaborates on the present market drivers, limitations, challenges/risks, and approaching prospects. This province can affect any company’s strategists and new product development division. 

Request for Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=MzczMzE0

Saudi Arabia Automotive Spare Parts Logistics Market segments feed the market size in revenue and sales. These details are bifurcated into two- by region and later by the government. 

The data is gathered via primary interviews with industry specialists worldwide. These market estimates are also impacted by the latest social, political, and economic shifts and the current market dynamics affecting this automotive spare parts logistics market.

The next provinces of the Saudi Arabia Automotive & Spare Parts Logistics Market Outlook the market competitiveness and profile of some key market players/manufacturers. These sections are knowledgeable for understanding the competitor’s product line, financials, recent developments, and the top market share owners in the industry.

Market Overview – Saudi Arabia Automotive & Spare Parts Logistics Market

Most automobile imports were observed from Japan, pursued by the USA, Germany, South Korea, and others. Most spare parts were imported from Japan, followed by South Korea, Germany and others. The UAE dominated the market with the majority market share in terms of automotive export value, followed by China, Sudan, Iraq, and others.

The automotive and spare parts logistics industry is expected to experience negative growth in 2020 due to widespread lockdown measures and transportation bans that were put in place during the initial outbreak of the pandemic. It is estimated that demand will take approximately 10-12 months to return to normal levels. The government is pumping investment into economic cities and other industrial projects to boost the economy. Additionally, the KSA government is promoting the integration of multi-modal hubs across the country and encouraging foreign investment in logistics infrastructure development. The country hopes to position itself as a hub for transportation and trade in the long term by taking these measures.

For More Information on the research report, refer to below link:-

Saudi Arabia Automotive & Spare Parts Logistics Market Outlook: Ken Research

Related Reports:-

Saudi Arabia Dry Logistics and Warehousing Market Outlook to 2025 – Warehousing Automation and Investment within Transport Infrastructure to Drive Market Revenue)

Philippines Logistics Market Outlook to 2024 (Sixth Edition)– By Sea, Land, and Air Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Agriculture), By End Users; By Cold chain market (Cold transportation and Cold storages)

UAE Logistics and Warehousing Market Outlook to 2025 – By Road , Sea and Air Freight Forwarding; Domestic and International Freight, Major Flow Corridors, Integrated and Contract Freight Forwarding; By Warehousing (Industrial / Retail, CFS / Inland Container Depot & Cold Storage, Agriculture), End Users (Manufacturing, Retail, Food and Beverage, Automotive, Oil and Gas, Healthcare), Type of Warehouses; By Courier Express & Parcel Market , and, E-commerce Logistics

Follow Us

LinkedIn | Facebook | Twitter YouTube

Contact Us:-
Ken Research

Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249

RELATED ARTICLES

Kenya Logistics and Warehousing Market Outlook to 2023: Ken Research

Buy Now Market Overview Any economy's ability to perform economically depends on logistics and warehousing. Like other African nations, Kenya has structural problems with its logistical...

Kenya Freight Forwarding Market Outlook to 2023: Ken Research

Buy Now Market Overview The international movement of commodities via a single or a number of carriers is the freight forwarding market, which consists of sales...

UAE Automotive Aftermarket Service Market Trends Under COVID-19, Top Key Manufacturers, Future Strategies, Development Status, Competitive Landscape and Forecast to 2027: Ken Research

Buy Now Automotive Spare Parts Landscape in UAE Spare parts aftermarket industry in UAE was valued at USD xx in 2021 on the basis of revenue....

Most Popular

Global Excitation Systems Market Is Driven by The Rising Interest In Synchronous Machines: Ken Research

Buy Now A synchronous machine is both a synchronous motor as well as synchronous generator. Excitation systems are a vital part of many power-creating units...

Smart Bed Market Growth is driven by Growing Number of Senior Citizens: Ken Research

Buy Now Smart beds are ground-breaking advanced bed that enables the users to expand the capabilities of their beds beyond their basic functionalities by automatically...

Kenya Logistics and Warehousing Market Outlook to 2023: Ken Research

Buy Now Market Overview Any economy's ability to perform economically depends on logistics and warehousing. Like other African nations, Kenya has structural problems with its logistical...

Kenya Freight Forwarding Market Outlook to 2023: Ken Research

Buy Now Market Overview The international movement of commodities via a single or a number of carriers is the freight forwarding market, which consists of sales...