The capital of Abu Dhabi has lately hosted experts of vehicle industry to discuss the growing opportunities in the Emirate market of vehicle services where it enhances the constant growth of the number of the registered cars in the capital of Emirates of the order size on spare parts and vehicle services. The valuations show that the size of car maintenance service in Abu Dhabi reached 3.1 billion dirham in 2015. According to Frost and Sullivan Company for researches and analysis that the market is expected to note an annual growth rate of 6 to 8% and attain 4.4 billion Dirham by 2020.
Frost and Sullivan statistics show the possession of 670 thousand cars, buses and trucks currently on Abu Dhabi and the cars represent 90% of them, consequently the largest contributor of the flourishing car manufacturing service in the Emirates market is the car sector including taxis, rental cars, car leasing and private cars.
More than 85 manufacturing experts have participated at the promotional Automatica conference in Abu Dhabi to discuss the opportunities to benefit from this growing market and be more informed about the precise differences concerning manufacturing vehicles service on Abu Dhabi.
The communication meeting took place at Crowne Plaza hotel Abu Dhabi, organized by Mideast Messe Frankurt, organizing Company of Automatica exposition in Dubai, the executive director in Mideast Messe Frankfurt in Abu Dhabi “Ahmed Bayless” said that the company notes a growth with the rate of 45% of registered cars in the period between 2009 to 2014, so it is considered as an important market for the local and international agents of vehicle services. There’s still a lot of growing opportunities especially taking account the expansive economy as the number of commercial visitors from Abu Dhabi to the Automatica exposition in Dubai in the last three years increased by the rate of 33%.
The Automatica exposition has opened the doors for Arab countries especially Emirates to compete with the largest car companies by re-exporting cars spares parts and their equipments with the rate of 60% of the total exports of Arab countries and ranking the second place internationally after the United states in the sector of re-exported car spare parts and its equipments.
Automatica is one of the biggest annual commercial expositions, specialized in car’s equipments in the area, new products related to spare parts, electronic systems, reparation and maintenance tools, and on top of them locally manufactured engine’s car oils.
For now, the United Arab Emirates especially Dubai has become the destination for cars and brands agents, the international commercial names. Besides, its geographic location has also became a link between Asia, Africa and Europe which facilitates commercial operations and makes it an essential factor to attract those who are interested in this sector.
 

F.Z Maghelli

The pasionaria automotive news.