Dubai PR Network, Online Press Release from Dubai and Middle East
Filter PR by
  
GCC Market For Auto Parts, Batteries And Tyres To Grow At 14.9 % Over Next Three Years, Reaching US$ 13.46 Billion By 2017

Dubai, UAE: The Gulf market for auto components is gearing up for double digit growth over the next three years, as global automotive majors set sights on the Middle East’s largest trade event for the automotive aftermarket in Dubai next month.

According to global consulting firm Frost & Sullivan, the GCC market for auto parts, batteries, and tyres will grow at a compound annual growth rate of 14.9 per cent to reach US$ 13.46 billion by 2017.*

More than 1,600 exhibitors from 59 countries will look to capitalise on the buoyant market at Automechanika Dubai, which takes place from 3-5 June at the Dubai International Convention and Exhibition Centre.

Organised by Epoc Messe Frankfurt, the 2014 edition of the three-day event has grown by more than 20 per cent in size, as Dubai consolidates its position as the leading import and trans-shipment destination for auto components.

“International automotive aftermarket majors continue to target the GCC in increasing numbers, as economic growth pushes up vehicle sales, spurring demand for reliable supplies of auto parts and components,” said Ahmed Pauwels, CEO of Epoc Messe Frankfurt.

“As the Middle East’s largest and most comprehensive trade and networking exhibition for the automotive aftermarket, Automechanika Dubai 2014 will welcome even greater numbers of leading international manufacturers and suppliers looking to increase their regional footprint.”

Now in its 12th edition, Automechanika Dubai covers a wide spectrum of products, from automotive parts, systems, bodywork & paintwork, car washing, tyres & batteries, to workshop and filling-station equipment, IT products and services, accessories and tuning.

According to the Epoc Messe Frankfurt, Tyres & Batteries have been the fastest growing category at the dedicated trade event, with Accessories & Tuning, Parts & Systems, Repairs & Maintenance and Service Stations and Car Wash also growing rapidly.

Feedback from trade buyers and exhibitors also indicates a surge of interest in truck parts and equipment, bearings, lubricants and workshop equipment at the upcoming edition.

Spreading across 12 halls of the Dubai International Convention and Exhibition Centre, Automechanika Dubai 2014 will welcome delegations from Saudi Arabia and the United States.

Making their Automechanika Dubai debut will be the Morrocan Pavilion, Swedish company SKF, Denso from Japan, Delphi from the UK, and major UAE-based players Juma Al Majid, Arabian Automobiles, and Central Trading.

Nihad Dzinalija, Regional Director of SKF Middle East, said: 'To further strengthen SKF‘s position in the Middle East automotive after-market, it is important for us to participate at Automechanika Dubai.

“With our wide range of products for passenger cars, trucks and trailers, we are looking forward to engaging with customers from across the region at the upcoming exhibition.“

Salah Aldein Yousef, Department Manager of Spare Parts at Juma Al Majid, added: “Automechanika Dubai is the largest exhibition of its kind in the region and pulls in the majority of regional industry stakeholders, which is why we have decided to participate. We are hoping for excellent results from the exhibition.“

Automechanika Dubai 2014 will will also feature the popular Automechanika Academy, a series of seminars and workshops given by leading experts and prominent industry figures. These seminars will focus on key issues that affect the automotive aftermarket.

* Frost & Sullivan Industry White Paper

Posted by : BIZ COM - For Proactive Communications,
Viewed 40778 times
PR Category : Automobile and Motoring
Posted on : Thursday, May 22, 2014  3:02:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to

Related Stories

 
 
Most Viewed Press Release posted in the last 7 days
Air Cargo Demand up 9.8% in October 2024 - 15th Month of Consecutive Growth [37663-Views]
Hexagon Phantom Fall/Winter 2024 Watches Collection [34907-Views]
Enter Your High-Shine Era with the New SHEGLAM Crystal Jelly Glaze Stick [29397-Views]
Global Manufacturing and Industrialisation Summit to take place during Abu Dhabi Business ... [18466-Views]
Arabian Center to celebrate the 53rd UAE Eid Al Etihad with fun-filled activities [15941-Views]
Tanishq unveils its largest flagship boutique in Dubai Gold Souk Extension– setting a new ... [9168-Views]
EDGE to Provide Advanced Secure Communications System for the Brazilian Ministry of Defenc... [8844-Views]
UAE Showcased Exceptional Young Talent and Innovation in Debut Participation at 9th BRICS ... [8372-Views]
Statement by H.E. Younis Haji AlKhoori, Undersecretary of the Ministry of Finance on Comme... [7823-Views]
Millennium Place Barsha Heights' award winning “Hospitality Ninjas” kids camp makes a Chri... [7499-Views]
Abu Dhabi Investment Office, Abu Dhabi Civil Defence Authority, and Ambipar sign MoU to en... [7495-Views]
Yas All In: A Weekend Of Racing, Entertainment, And Adventure Across The Whole Of Abu Dhab... [6777-Views]
Up To 90 Per Cent Off Fashion, Electronics, Home, And More: Dubai's 3 Day Super Sale Unvei... [6679-Views]
Mohamed bin Hadi Al Hussaini Discusses Financial Cooperation with Jordan's Minister of Fin... [6552-Views]
As part of The Big 5 Global exhibition Dubai Land Department strengthens its leadership in... [6511-Views]
IBA Champions' Night, Ordinary Congress and Global Boxing Forum to take place in Dubai on ... [6498-Views]
OBJET D'ART Armoriale Répétition Mystérieuse [6088-Views]
Shop & Win Rewards, Dubai Shopping Festival Celebrates 30 Years of with AED 1 Million Cash... [5539-Views]
Dubai Customs Marks UAE's 53rd Eid Al Etihad (Union Day) with Vibrant Celebrations [5531-Views]
e& UAE launches Kids SIM Card and Parental Control Service for safer digital environment f... [5371-Views]
Younis Haji AlKhoori: Eid Al Etihad 53 is Treasured Occasion to Honour Our Nation and Reaf... [5330-Views]
Celebrate 30 Years of DSF with DJG's AED 1.5 million in Gold Prizes [4961-Views]
$1.7 Billion in Airline Funds Blocked by Governments [4469-Views]
Celebrate the Festive Season at Town Centre Jumeirah: Santa is Coming to Town! [4334-Views]
Ferrari celebrates 30 years in the middle east with six unique Ferrari 296 GTBS [4301-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Top Sections
 
Top Stories