The Gulf market for auto components is gearing up for double digit growth over the next three years
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.*
“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 will welcome even greater numbers of leading international manufacturers and suppliers looking to increase their regional footprint.”
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.
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 2016 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.
