Dubai (UAE) – Automotive parts retail revenue in the GCC is expected to rise at a compound annual growth rate of 5.8% to $6.84 billion in 2025.
Mattar Al Tayer, director general, head of the Roads and Transport Authority’s (RTA) Board of Executive Directors, and commissioner general for Infrastructure, Urban Planning, and Well-Being, officially launched the event on Tuesday at the Dubai World Trade Centre (DWTC). The exhibition, which is organized by Messe Frankfurt Middle East, comprises exhibitors from 47 nations and 12 national pavilions, all illustrating how far the industry has progressed technologically and indicating further change to come.
With industry analysts predicting that the GCC’s automotive parts retail revenue would rise at a compound annual growth rate of 5.8% to $6.84 billion in 2025, experts believe there’s a lot on the line for industry participants who are facing more competition than ever. The good news, according to Mahmut Gazi Bilikozen, show director of Automechanika Dubai, is that 76% of Middle East respondents indicate they are prepared to accept industry changes, putting the regional sector in a strong position for recovery and expansion.
The good news, according to Mahmut Gazi Bilikozen, show director of Automechanika Dubai, is that 76% of Middle East respondents indicate they are prepared to accept industry changes, putting the regional sector in a strong position for recovery and expansion.