In 2020, the largest share of aftermarket revenue of light vehicle parts in the Gulf Cooperation Council (GCC) region post the COVID-19 pandemic was from genuine and original equipment suppliers at about 65 percent with a value of approximately 5.6 million U.S. dollars. The aftermarket of light vehicles was expected to gradually recover from the pandemic with an expected cumulative annual growth rate of about 5.8 percent in the period from 2021 to 2025 reaching approximately 6.84 billion U.S. dollars by 2025.
Breakdown of light vehicle aftermarket revenue post COVID-19 outbreak in the Gulf Cooperation Council region in 2020 with a forecast for 2025, by segment*
(in million U.S. dollars)
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Frost & Sullivan. (November 30, 2021). Breakdown of light vehicle aftermarket revenue post COVID-19 outbreak in the Gulf Cooperation Council region in 2020 with a forecast for 2025, by segment* (in million U.S. dollars) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1301354/gcc-light-vehicle-aftermarket-revenue-post-covid-19-by-segment/
Frost & Sullivan. "Breakdown of light vehicle aftermarket revenue post COVID-19 outbreak in the Gulf Cooperation Council region in 2020 with a forecast for 2025, by segment* (in million U.S. dollars)." Chart. November 30, 2021. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1301354/gcc-light-vehicle-aftermarket-revenue-post-covid-19-by-segment/
Frost & Sullivan. (2021). Breakdown of light vehicle aftermarket revenue post COVID-19 outbreak in the Gulf Cooperation Council region in 2020 with a forecast for 2025, by segment* (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1301354/gcc-light-vehicle-aftermarket-revenue-post-covid-19-by-segment/
Frost & Sullivan. "Breakdown of Light Vehicle Aftermarket Revenue Post Covid-19 Outbreak in The Gulf Cooperation Council Region in 2020 with a Forecast for 2025, by Segment* (in Million U.S. Dollars)." Statista, Statista Inc., 30 Nov 2021, https://www.statista.com/statistics/1301354/gcc-light-vehicle-aftermarket-revenue-post-covid-19-by-segment/
Frost & Sullivan, Breakdown of light vehicle aftermarket revenue post COVID-19 outbreak in the Gulf Cooperation Council region in 2020 with a forecast for 2025, by segment* (in million U.S. dollars) Statista, https://www.statista.com/statistics/1301354/gcc-light-vehicle-aftermarket-revenue-post-covid-19-by-segment/ (last visited November 03, 2024)
Breakdown of light vehicle aftermarket revenue post COVID-19 outbreak in the Gulf Cooperation Council region in 2020 with a forecast for 2025, by segment* (in million U.S. dollars) [Graph], Frost & Sullivan, November 30, 2021. [Online]. Available: https://www.statista.com/statistics/1301354/gcc-light-vehicle-aftermarket-revenue-post-covid-19-by-segment/