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U.A.E E-Commerce Automotive Aftermarket Forecast and COVID-19 Impact Analysis

A number of factors, such as the increasing number of do-it-yourself (DIY) customers, growing customer convenience and awareness, surging vehicle sales, and rising number of road accidents, are projected to boost the growth of the U.A.E. e-commerce automotive aftermarket at a CAGR of 14.8% in the forecast period (2020u20132025).

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U.A.E E-Commerce Automotive Aftermarket Forecast and COVID-19 Impact Analysis

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  1. U.A.E E-Commerce Automotive Aftermarket Analysis, Top Companies, Growth Rate and Opportunities 1 ©P&SIntelligence.Allrightsreserved

  2. A number of factors, such as the increasing number of do-it-yourself (DIY) customers, growing customer convenience and awareness, surging vehicle sales, and rising number of road accidents, are projected to boost the growth of the U.A.E. e-commerce automotive aftermarket at a CAGR of 14.8% in the forecast period (2020–2025). At this growth rate, the market size is expected to reach$634.4 million by 2025from $318.2 million in 2020. Moreover, the government initiatives to drive the e-commerce sector and rise in the digitization rate in the country propel the market growth. The primary factor improving the U.A.E. e-commerce automotive aftermarket growth prospects is the rising customer convenience and awareness. The availability of several products, easy transaction, timely delivery as per consumers’ need, and extensive offers and discounts on e-commerce portals result in a shift from buying parts from traditional stores to online parts purchasing. Thus, several sellers are now trading their automotive parts online, for better accessibility. Also, the portals offer wide-ranging product details to allow customers to understand the specifications and compare products of a similar kind. Request to Get the Sample Report: https://www.psmarketresearch.com/market- analysis/uae-e-commerce-automotive-aftermarket/report-sample Additionally, based on component, the product segment of the U.A.E. e-commerce automotive aftermarket is classified into car parts, lubricant, battery, and tire. Among these, the tire category accounts for the largest share, and it is projected to lead the market in the coming years. This can be ascribed to the increasing demand for sport utility vehicles (SUVs) for off-roading activities and various leisure and transportation purposes, due to the rising number of tourists in the country. This drives the demand for tires, and in turn, propels the market growth in this category. Key players in the U.A.E. e-commerce automotive aftermarket have been involved in several strategic measures, like partnerships and acquisitions and launch of products, services, and websites, to improve their position and stay ahead in the market. For example, MasterCard Inc. and Amazon.ae announced their partnership to enhance the shopping experience of customers in the country and increase their online orders by offering different discounts on the products, in October 2020. Some other key players in the market include AKSA Trade LLC, Noon.com, AutoPlus Dubai, Ubuy.com, Carrefouruae.com, and Ebay.com. Make Enquiry Before Buying the Report: https://www.psmarketresearch.com/send- enquiry?enquiry-url=uae-e-commerce-automotive-aftermarket

  3. Thus, the rising customer convenience and awareness regarding online parts purchasing and the expanding DIY culture in the U.A.E. are expected to propel the growth of the market during the forecast period. Market Segmentation by Fuel Type •CNG •LPG Market Segmentation by Vehicle Type •Passenger Car •Light and Heavy-duty Truck •Bus Market Segmentation by Geography •North America CNG and LPG Market oBy fuel type oBy vehicle type oBy country – U.S. and Canada •Europe CNG and LPG Market oBy fuel type oBy vehicle type oBy country – Russia, Italy, Ukraine, Germany, France, Netherlands, Spain and rest of Europe •Asia-Pacific (APAC) CNG and LPG Market oBy fuel type oBy vehicle type oBy country – India, China, South Korea, Thailand, and rest of APAC •Latin America, the Middle East and Africa (LAMEA) CNG and LPG Market oBy fuel type oBy vehicle type oBy country – Iran, Argentina, Brazil, and rest of LAMEA This study covers •Historical and the present size of the U.A.E E-Commerce Automotive Aftermarket Major factors driving the market and their impact during the short, medium, and long terms •Market restraints and their impact during the short, medium, and long terms •Recent trends and evolving opportunities for the market participants •Historical and the present size of the market segments and understand their comparative future potential •Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings •Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders •Major players operating in the market and their service offerings •Recent strategic developments by the major players in the market

  4. About P&S Intelligence P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. 3 ©P&SIntelligence.Allrightsreserved

  5. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd.

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