Overview
The Automotive
and spare parts logistics is the administration of the movement of
parts or products that are necessitated by dissimilar producers from one domicile
to another. The worldwide automotive spare parts logistics market is projected
to enlarge owing to an augment in vehicle production around the globe. The Spare
parts logistics service encompasses storage, post-production, and modifications
comprising the technical conditions and/or pre-delivery inspections, which contain
of several tests that are carried out beforehand delivery of automotive parts
to the consumer. Finished vehicles are acknowledged by a precise number that is
delivered by the vehicle manufacturer, which would support to recognize the
parts location.
Whereas, in April 2016, Saudi Arabia proclaimed its Vision 2030
which comprises transforming the Kingdom into a favored logistics hub. Great
investments in road infrastructure under Saudi Vision 2030, a 680 Km Saudi-Oman
thoroughfare and the UAE-Saudi Mafraq-Ghuwaifat International Highway underway.
Although, the government of Saudi Arabia is running on fresh multi-mode
logistic stations and two newfangled railway lines to linkage GCC regions across
the east & Yanbu-Jeddah across the west.
Major
influencers of the automotive and spare parts logistics market
The effective augment in the vehicle registrations in both underdeveloped
and developed countries coupled with prearranged warehousing activities of
automotive is influencing the automotive and spare parts logistics market. Prominent
growth in third-party logistics service vendors, which are offering integrated
warehousing solutions comprising order entry system and warehouse management
system, is predicted to boost the logistics industry. Enhancement in
technology, comprising voice picking system and RFID, are probable to further foster
the automotive and spare parts logistics market.
Saudi Arabia Automotive & Spare Parts
Freight Forwarding Market
Freight forwarder bargains an assortment of services depending on
their size, number of personnel, and number of branches. Growing auto exports
to other Gulf countries & East African countries comprising Sudan, Libya,
Djibouti and several others is motivating the requirement. Saudi Arabia
launched fresh logistics zone during 2019 which is open to private investors across
the Red Sea port city of Jeddah therefore, expanding the economy away from oil
and generating more jobs for local Saudis. Road was witnessed as the most
prominent freight mode across Saudi Arabia for automotive and spare parts
logistics, followed by sea and air during the year 2019.
Moreover, the domestic freight had intervening share due to outsized association of vehicles & spare parts from the ports to the towns inside in KSA. Foremost
export destinations of automotive & spare parts comprised GCC countries
such as Bahrain, Jordan, the UAE and several others.
Growth is predicted to be majorly underwritten by economic &
industrial activities linked with logistics services such as transportation of
goods & warehousing. The KSA government focuses to aggressively propel and
position 50 islands and 100 miles of Red Sea as a worldwide tourist
destination. The amplification of Red Sea passage across Jeddah, minerals hub around the
Yanbu, King Abdullah port and NEOM predict are also anticipated to inspire
freight forwarding industry.
Comparative Scenario in Saudi
Arabia Automotive & Spare Parts Logistics Market
Competition was witnessed to be exceedingly fragmented across both
freight forwarding and warehousing sector along with the existence of both
international and domestic players. Nevertheless, the local / domestic players
have a greaterexistence in the market and were witnessed to compete on the
basis of foremost clientele, revenue matrix, logistics networking, average
pricing, technological improvement and value added services.
Saudi Arabia Automotive & Spare Parts
Logistics Market Future Viewpoint and Predictions
The automotive and spare parts logistics is projected to witness
negative growth during 2020, owing to lockdown measures, restriction on several
businesses and ban on transportation in the preliminary phase. Requirement
revival for the logistics services is projected to take close to 10-12 months,
before the Industry will get back to customary levels. The government is
scheduling to pump investment into economic regions and other industrial
projects to boom up the logistics and transportation centers. KSA government is greatly encouraging the integration of multi-modal hubs around the country. FDI
within logistics infrastructure improvement, constructing regional &
international logistics service centers and developing the proficiency of trade
routes can collectively support the region in fetching a hub over long term.
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
For More Information on the research report,
refer to below link:-
Saudi Arabia Automotive & Spare Parts Logistics Market
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E-commerce Logistics
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249