In the global automotive aftermarket, the Middle East has emerged as a market with substantial potential for parts consumption, driven by its unique climate, growing vehicle fleet, and increasing penetration of new energy vehicles. In 2024, the Middle East automotive parts market, primarily dominated by the aftermarket, reached a size of $45.2 billion, demonstrating strong growth momentum. It is projected that by 2030, this market will expand to $70.4 billion, with a compound annual growth rate (CAGR) of approximately 7.65% from 2024 to 2030, offering broad opportunities for export-oriented enterprises.
However, market size figures may vary depending on the statistical scope, such as whether the OEM segment is included or whether the focus is on local consumption or re-export trade. When focusing specifically on the aftermarket, data from institutions like TechSci Research indicates that the market will grow from $45.2 billion in 2024 to $70.4 billion in 2030, with a CAGR of around 7.65%. This scope covers wear-and-tear parts and repair components for both passenger and commercial vehicles in the aftermarket, serving as a core reference for aftermarket sales and channel expansion.
If covering the entire industry chain (including OEM and aftermarket segments), the market size was $36.6 billion in 2024 and is expected to reach $51.9 billion by 2030, with a CAGR of about 6%. This includes OEM components such as body and chassis parts, as well as aftermarket parts, making it more suitable for companies engaged in local manufacturing partnerships or OEM supply business.
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