Gmi Research

 The automotive aftermarket is a crucial segment of the GCC region's automotive industry, supporting vehicle owners with essential parts, services, and accessories after the original purchase. This sector is becoming increasingly important as the region witnesses growing vehicle ownership and greater emphasis on cost-effective vehicle maintenance. The GCC automotive aftermarket market is anticipated to see robust growth by 2031, fueled by trends such as the rise in ride-hailing services, expanding e-commerce platforms, and the increasing adoption of electric vehicles (EVs). These factors, combined with the region's focus on innovation and sustainability, are reshaping the industry landscape. Key Trends Shaping the Market Growth in Electric and Hybrid Vehicles As EV adoption grows in the GCC, the aftermarket is evolving to accommodate new needs, such as specialized battery replacements and software updates. This trend is also encouraging investments in training and upskilling m...