Gurugram, India, June 30, 2021 (Globe NEWSWIRE) — The Government in KSA has closely invested SAR 327.9 Billion on Economic Initiatives under its 10th Growth Program (2015-2019) and is making an attempt to uplift its Non Oil producing sectors by launch of Countrywide Industrial Progress and Logistics System expected to increase the volume of non-oil exports to over SAR 1.0 Tn and generate 1.6 million new work opportunities by 2030.
Launch of Electronic Platforms by Saudi Customized Authority has streamlined 80% of the freight to be cleared within an normal time of 24 hours and lessened the Clearance time by 60% resulting in Logistics Firms to concentration on their Automation Approach and Core competencies this kind of as Freight dealt with, Network, Fleets, Worker Strength, Warehousing capacity, Certifications and far more.
The logistics space is pretty fragmented with additional than 1600 gamers with Major players contributing only 12-15% of the logistics market place Revenues in KSA. On the internet Freight Aggregators this kind of as Trukker and Trukkin are furnishing an online marketplace for carriers to search & reserve loads with a single click solving the Challenge of Vacant Returns in KSA. Logistics Organizations these types of as Al Karsf, Hellman logistics are working with WMS, RFID tags, GPS Enabled Trucks, Serious Time tracking and Possess EDI Platform to record the transactions as mandated by Custom made Authorities.
For additional details on the analysis report, refer to beneath hyperlink:
Level of competition Benchmarking of Best 40 Players Across Automotive Price Chain (Freight Forwarding, Car Spare Areas and Auto Service) in KSA
Import Driven Automotive Spare Parts Industry in KSA:
Saudi Arabia is seriously dependent upon Imports for spare elements from UAE, Japan, South Korea, Germany, China & US, increasing at a CAGR of 4.7% during 2014-19 and accounted for ~76.3% of the whole spare imports into the Kingdom in 2019. Wiper blades, drinking water & oil pumps, brake disc, brake shoe, compressors, evaporators, radiators etcetera. are the key spare sections imported into the place.
Riyadh and Jeddah provides greatest proportion of income in spare pieces industry with Presence of ~5500 Vendors in both equally the Hubs and ~1 Mn Cars sold in 2019 in the North & East Area.
Introduction of On the internet platforms this sort of as SABER, SALEEM beneath SASO has enhanced solution regulation with aim of meeting intercontinental criteria and removing the concern of Counterfeit Solutions in KSA.
Out of ~7000 Offline Multi-brand components Suppliers in KSA, Only Couple Businesses this kind of as Babatin Automobile Parts, Rezayat Automotive & more are manufacturing spare parts and can acquire Various Incentives these as Low corporate income tax of 20% on revenue, Reduced Price tag Land in Financial Cities, SIDF loan with for up to 20 yrs and up to 75% of the funds, Decreased Utility Cost and extra
On the internet Commence Ups these kinds of as Atlobha, Oddigo and Speero are doing work as an aggregator working with Dealers to offer entire vary of spare elements from brake pads to suspensions of a lot of properly-regarded Brand names these as Peugot, Nissan, Ram, Subaru, Toyota, BMW, Cadillac and more.
KSA Vehicle Repairs and Routine maintenance Sector in KSA:
The Current market is dominated by 30+ Multi Manufacturer Company Suppliers, 40+ Agency workshops with spare sections Dealership, ~5 Vehicle Clean Aggregators along with Numerous Unorganized Workshops in nearly all metropolitan areas of Saudi Arabia.
Multi Model Sellers this sort of as Petromin Autocare, SAC Motors, and SKBMW has previously set up robust Recognition in the Marketplace and supply Solid Network Coverage with At minimum 3 Branches in all prime towns of KSA. Use of Advanced Technology these kinds of as Computerized Estimation Technique to get ready thorough harm estimates for a motor vehicle is remaining extensively used by the enterprise to manage Excellent Consumer retention together with Steady Revenues.
The Principle of Cellular Workshops is becoming thoroughly utilized to supply providers these kinds of as Shifting Oil, Switching Battery, Examining laptop or computer and more delivering utmost ease and assist to the Purchaser at their Spot along with lesser Original Money investment to the Corporation.
On the internet Support providers such as Ezhalha and Morni are giving aggregator digital system to provide Unexpected emergency Companies including Battery, Towing, Car or truck Wash & extra and are anticipated to develop in the coming a long time with lots of New Funding Collection in Pipeline.
The report titled “Opportunity Corporations for Strategic Partnership in Saudi Arabia Across Automotive Value Chain Segments- Logistics, Automobile Car Repairs/Upkeep and Vehicle Spare Components” by Ken Investigate recommended that All over Segments are further expected to grow in the close to long term with Rising competitiveness, On the internet Aggregators in the room, Up-to-date Technologies with the assist of the Governing administration. Numerous New organizations are expected to arrive in in the vicinity of Long run supplying Ease and Accessibility to the Client. The Vehicle Maintenance Section is expected to rise with Facility of Cellular Providers in the Country.
Key Goal Audience:
- 3PL Logistics Businesses
- Built-in Logistics Businesses
- Automotive Corporations
- Automobile Spare Areas Service provider
- Car treatment organizations
- Automotive Dealers
- Freight Forwarding Organizations
- Bahri logistics
- Saudi Publish
- NAQEL Convey
- Kuehne Nagel
- Almajdouie logistics
- DHL Specific
- Fedex Specific
- Al Ayed Transportation
- SMSA Specific
- Tamer logistics
- BAFCO shipping and delivery and Logistics
- DB Schenker
- JAS Around the world
- Kanoo Terminal Expert services
- LSC warehousing and logistics
- Hala Supply Chain
- Namma Cargo
- Wared logistics
- Al Rashed transport
- Kerry logistics
- Mubarrad transport
- Hellman logistics
- OCSCL Transport and Logistics
- Al karsf
- SMT logistics
- Saudi Lana logistics
- Fourwinds logistics
- NTF cargo
- Alpha Cargo
- Platinum Shipping and Logistics
- Al Seham logistics
- Gulf Technique
- Defaf Logistics
- Wolf logistics
- Abdui World-wide
- Durar logistics
- Glaube logistics
- Multi Manufacturer Auto Spare Sections Providers
- Saudi Components Center Organization Ltd (Al Khorayef Group )
- Babatin Auto Components
- M S Almeshri & Bros Co.
- Barik International
- Rezayat Automotive
- Al-Oliah Vehicle Spare Elements
- Samir Odeh
- Arabian Sections Company (ARSAMCO)
- Badil Spare Elements
- Multi Brand name Car Cars and trucks Repairs and Upkeep Market place
- SAC Motor
- Sheikh Centre (SKBMW)
- Petromin Automobile Care
- Abu Jihad Vehicle Upkeep Centre
- Greatest Engine Centre
- Vehicle Repair
Essential Matters Lined in the Report
- Competition Assessment of Key Logistics Gamers in KSA ( like Quantity, Common warehousing Room, Fleets, Typical Occupancy amount, Network, Consumer Retention, Industries catered, Companies made available, Engineering, Certifications, Power)
- Competition Analysis of Major Multi Manufacturer Car Spare sections Companies in KSA ( which includes Variety of Orders, Branches Network, Purchasers, Providers presented, Digitalization, Power)
- Competitors Evaluation of Multi model Vehicle Repairs and Car or truck maintenance Gamers in KSA ( together with Range of autos taken care of on a yearly basis, Average Ticket Sizing, Branches Network, Shoppers, Companies provided, Digitalization, Strength)
- Saudi Arabia Logistics Market place
- Saudi Arabia Freight Transportation Sector
- COVID Effects on Saudi Logistics Market place
- Automotive Sellers KSA
- KSA Agency workshops
- KSA Automobile treatment
- KSA Auto Detailing
- KSA Car Washing Firms
- Saudi Arabia Multi brand Maintenance Outlets
- Saudi Arabia Automotive Current market
- Saudi Arabia Spare elements
- Saudi Arabia Refurbished Spares
- Saudi Arabia White label Spares
- Saudi Arabia OEM
- Saudi Arabia OES
- Saudi Arabia After marketplace spares
- Saudi Arabia Branded Spares
- Saudi Arabia Sea Freight Volume
- Saudi Arabia Road freight Companies
- Saudi Arabia Freight forwarders
- Saudi Arabia Carriers
- Saudi Arabia Sea Freight Corporations
- Saudi Arabia Road Freight Providers
- Saudi Arabia Air freight Companies
For more details on the analysis report, refer to under connection:
Level of competition Benchmarking of Major 40 Players Throughout Automotive Worth Chain (Freight Forwarding, Automobile Spare Pieces and Car Support) in KSA
KSA Automotive Industry Outlook To 2025 – Concentration On Technological innovation Adoption & Developments For Dealers, Distributors, Spare Sections Suppliers, Fleet And Leasing Companies And Motor vehicle Company Companies
The report even more evaluate each segment in element, delivering a brief overview along with sector sizing, segmentation, competitiveness evaluation, traits, developments & long term assessment of various segments, focusing keenly on entity relationships & enterprise versions.
These segments are then even further analyzed to get a greater understanding of the ERP & CRM modules required to pave the way for digitization amidst the field, across KSA.
UAE Logistics and Warehousing Market Outlook to 2025 – By Street , Sea and Air Freight Forwarding Domestic and International Freight, Big Flow Corridors, Built-in and Deal Freight Forwarding By Warehousing (Industrial / Retail, CFS / Inland Container Depot & Cold Storage, Agriculture), End End users (Producing, Retail, Foods and Beverage, Automotive, Oil and Fuel, Health care), Style of Warehouses By Courier Specific & Parcel Sector , and, E-commerce Logistics
The report covers the in general measurement and foreseeable future outlook of UAE Freight Forwarding, Warehousing, Courier Express and Parcel, 3PL and E Commerce Logistics market place in phrases of benefit, segmentation on the basis of services mix, by geography, by possession and by type of industries. The report also covers the competitive landscape and organization profiles of significant Freight Forwarding, Warehousing and Express Logistics Companies in UAE. The report concludes with marketplace projections for future and analyst suggestions highlighting the important possibilities and worries.
Saudi Arabia Automotive & Spare Sections Logistics Sector Outlook To 2025: Lifting Of Ban On Female Drivers And Increasing Aftermarket For Spare Parts To Impact Current market Progress
The report focuses on in general market sizing in phrases of income produced by automotive & spare aspect logistics companies Saudi Arabia automotive & spare components logistics marketplace segmentation by services mix (freight forwarding, warehousing and value added solutions) automotive & spare sections freight forwarding market segmentation by freight method (street freight, sea freight and air freight) by kind of transport (domestic freight and global freight) by 3PL Logistics and Integrated logistics by Expense break up (previous mile and very first mile) by automotive phase (cars and spare pieces) by sea circulation corridors (Sudan, GCC, Egypt and many others) by air movement corridors (Sudan, Egypt, Kuwait, Libya, Oman.
Ankur Gupta, Head Internet marketing & Communications