“Amplified demand for Passenger Vehicles from Women Drivers supporting the growth of Automotives and Spare Parts Logistics Market in Saudi Arabia.”
Surge in manufacturing / industrial activities, rising domestic consumption contributing to the growth of warehousing market: Surge in manufacturing of automotives and spare parts in Saudi Arabia and ease in government regulations have collectively influence the warehousing demand for automotive and spare parts logistics in Saudi Arabia. GDP contribution of manufacturing sector in KSA was evaluated at SAR 376 Billion in 2018. Rising import volumes along with the growth of local manufacturing of automotive & spare parts make it essential for the Kingdom to have robust transportation & warehousing system.
Negative Impact of COVID-19 on the Automotive & Spare Parts Logistics Market: Saudi Arabia witnessed a country wide lockdown owing to the COVID-19 with all the industries shut. The complete lockdown in the second quarter of 2020 left the cargo backlogged at KSA’s major container ports; travel restrictions led to a shortage of truck drivers to pick up containers and ocean carriers canceled sailings. The automotive & spare parts logistics market in Saudi Arabia is anticipated to witness a negative growth rate in the year 2020 owing to the COVID-19. The market is anticipated to get back to normal in the next 8-10 months.
Rising Investments in the Logistics Sector: Saudi government is expected to raise $36.5 bn by 2030 for transportation infrastructure projects. The King Fahd Causeway linking Saudi & Bahrain is also undergoing expansion to accommodate a waiting area of 400 trucks, further contributing to the growth of the logistics sector in Saudi Arabia. Additionally, a 680 Km Saudi-Oman highway and the UAE-Saudi Mafraq-Ghuwaifat International highway are also underway. The logistics companies are investing in advanced technologies such as control towers to streamline supply chain complexity, on-board vehicle telematics, truck platooning to gain a competitive edge.
For More Information on the research report, refer to below link:-
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/saudi-arabia-automotive-and-spare-parts-logistics-market-outlook-to-2025/373314-100.html
The report titled “Saudi Arabia Automotive & Spare Parts Logistics Market Outlook to 2025: Lifting of Ban on Female Drivers and Growing Aftermarket for Spare Parts to Influence Market Growth” by Ken Research suggested that the automotive & spare parts logistics market is further expected to grow in the near future as automotive companies are willing to set up their manufacturing plants within the country. The government initiatives such as localization of vehicle imports and incentives for OEM’s using local auto parts, to contribute to the growth of the automotive & spare parts logistics market in the next few years. The market is expected to register a positive CAGR of 4.3% in terms of revenue during the forecast period of 2019-2025F.
Keywords:-
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Saudi Arabia Automotive And Spare Parts Logistics Industry
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Saudi Arabia Automotive And Spare Parts Logistics Market Revenue
Saudi Arabia Automotive And Spare Parts Logistics Market Major Players
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Warehousing Automation Market in Saudi Arabia
Transport Infrastructure Saudi Arabia
Seaport Operations Saudi Arabia
Jeddah Islamic Port Saudi Arabia
Jeddah Automotive And Spare Parts Warehousing Market
Riyadh Automotive And Spare Parts Warehousing Market
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International Domestic Freight Forwarders Market
Bahrain Road Flow Corridors
Jordan Road Flow Corridors
Lebanon Road Flow Corridors
UAE Road Flow Corridors
Kuwait Road Flow Corridors
Oman Road Flow Corridors
Sudan Air Flow Corridors
Egypt Air Flow Corridors
Kuwait Air Flow Corridors
Libya Air Flow Corridors
Oman Air Flow Corridors
UAE Air Flow Corridors
Sudan Sea Flow Corridors
GCC Sea Flow Corridors
Egypt Sea Flow Corridors
Saudi Arabia Port Terminal Operators Market
Saudi Arabia Cargo Logistics Market
Saudi Arabia Automotive Companies
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Saudi Arabia Bonded Warehouses And Zones Market
Non Oil Manufacturing Market Saudi Arabia
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Leading Export Categories Saudi Arabia
Leading Import Categories Saudi Arabia
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Road Freight Market Saudi Arabia
Sea Freight Market Saudi Arabia
Air Freight Market Saudi Arabia
Rail Freight Market Saudi Arabia
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Competition in Saudi Arabia Freight Forwarding Market
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KSA Automotive Freight Forwarding Market Revenue
KSA Spare Parts Freight Forwarding Market Revenue
KSA Auto Parts Freight Forwarding Market Revenue
Port Connectivity Saudi Arabia
Airport Expansion Saudi Arabia
Saudi Arabia Vehicle Freight Cost
Saudi Arabia Auto Parts Freight Cost
Saudi Arabia Spare Parts Freight Cost
Saudi Arabia Customs Clearance Operations
Saudi Arabia Inadequate Infrastructure Market
Saudi Arabia Fleet Management System
Truck Platooning in Saudi Arabia
Autonomous Vehicles in Saudi Arabia
Covid Impact KSA Automotive Freight Forwarding Market
Covid Impact KSA Vehicle Freight Forwarding Market
Covid Impact KSA Spare Parts Freight Forwarding Market
Covid Impact KSA Auto Parts Freight Forwarding Market
Automotive Warehousing Revenue Saudi Arabia
Spare Parts Warehousing Revenue Saudi Arabia
Auto Parts Warehousing Revenue Saudi Arabia
Industrial Warehousing Saudi Arabia
Retail Warehousing Market Saudi Arabia
Container Freight Market Saudi Arabia
RORO Shipping Saudi Arabia
Inland Container Depots Saudi Arabia
Warehousing End User Demand Saudi Arabia
Real Estate Companies in KSA Warehousing
Captive Companies in KSA Warehousing
Logistics Companies in KSA Warehousing
Highly Fragmented Warehousing Space Saudi Arabia
High Warehousing Cost Saudi Arabia
Closed Warehouses in Saudi Arabia
Open Warehouses in Saudi Arabia
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Robotic Automation KSA Warehousing Market
Drone Technology KSA Warehousing Market
COVID Impact on Automotive Warehousing in KSA
COVID Impact on Spare Parts Warehousing in KSA
COVID Impact on Auto Parts Warehousing in KSA
Saudi Arabia Customs Clearance by Sea
Saudi Arabia Customs Clearance by Air
Discharged Transhipment Containers Saudi Arabia
Loaded Transhipment Containers Saudi Arabia
Saudi Arabia Port Terminal Charges
Transhipment Restrictions in Saudi Arabia
Vehicles Imported By Saudi Arabia
Vehicles Exported By Saudi Arabia
Auto Parts Imported By Saudi Arabia
Spare Parts Imported By Saudi Arabia
Auto Parts Exported By Saudi Arabia
Spare Parts Exported By Saudi Arabia
Pre-Delivery Inspection Saudi Arabia
Last Mile Delivery of Spare Parts in KSA
Last Mile Delivery of Auto Parts in KSA
First Mile Delivery of Automotives in KSA
First Mile Delivery of Spare Parts in KSA
First Mile Delivery of Auto Parts in KSA
3PL Logistics Companies in Saudi Arabia
Key Segments Covered in KSA Automotive & Spare Parts Logistics Market:-
By Service Mix
Freight Forwarding
Warehousing
Value Added Services
KSA Automotive & Spare Parts Freight Forwarding Market:-
By Mode of Freight
Road Freight
Air Freight
Sea Freight
By Type of Transport
Domestic Freight
International Freight
By 3PL & Integrated Logistics
3PL Logistics
Integrated Logistics
By Cost Split
Last Mile
First Mile
By Automotive Segment
Vehicles
Spare Parts
By Sea Flow Corridors
Sudan
GCC
Egypt
Others
By Air Flow Corridors
Sudan
Egypt
Kuwait
Libya
Oman
UAE
Others
By Road Flow Corridors
Bahrain
Jordan
Lebanon
UAE
Kuwait
Oman
Others
KSA Automotive & Spare Parts Warehousing Market:-
By Business Model
Industrial / Retail
Container Freight / Inland Container Depots
By Cities
Jeddah
Riyadh
Dammam
Others
By Type of Warehouse
Closed Warehouse
Open Warehouse
Key Target Audience:-
International Domestic Freight Forwarders
Warehousing Companies
Logistics Companies
Logistics Consultants
Automotive OEMs
Automotive Dealers/Distributors
Spare Parts Manufacturers
Spare Parts Dealers/Distributor
Time Period Captured in the Report:-
Historical Period: 2014-2019
Forecast Period: 2019–2025
Companies Covered:-
Oriental Commercial & Shipping Co.
Hala Shipping Services
Gulf System
Uniworld Logistics
Abdui Global
NTF Logistics
Four Winds
KWE Transport
Glaube Logistics
Al Rashed Transport
Arabian Transport Co.
SITCO Logistics
Takhzeen Logistics
Kanoo Terminal
Agility Logistics
Al Khodari Sons & LV Shipping & Logistics Co.
BAFCO International
Wolf Transport
Almajdouie Logistics
GAC Logistics
JAS Logistics
Platinum Logistics
Kerry Logistics
Namma Cargo
Al Jabri Transport
Automotive & Spare Parts Companies Covered:-
Audi
Mercedes
Isuzu motors
Nissan
Kia Motors
Toyota
Hyundai
Mazda
General Motors
Mitsubishi
Ford
Changan
Related Reports:-
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/saudi-arabia-dry-logistics-and-warehousing-market-outlook-to-2025/366821-100.html
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/philippines-logistics-market-outlook-to-2024/342232-100.html
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/uae-logistics-and-warehousing-market-outlook/303064-100.html
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
[email protected]
+91-9015378249
Ken Research Pvt. Ltd.,
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Ken Research is a Global aggregator and publisher of Market intelligence, equity and economy reports. Ken Research provides business intelligence and operational advisory in 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Serving over 70% of fortune 500 companies globally, some of top consulting companies and Market leaders seek Ken Research’s intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.
This release was published on openPR.
