qatar passenger car aftermarket components market 2021 - brochure

19
Market Intelligence . Consulting Qatar Passenger Car Aftermarket Components Market By Component, Competition Forecast & Opportunities, 2011 – 2021

Upload: techsci-research

Post on 14-Feb-2017

132 views

Category:

Business


0 download

TRANSCRIPT

M a r k e t I n t e l l i g e n c e . C o n s u l t i n g

Q a t a r Pa s s e n g e r C a r A f te r m a rke t Co m p o n e n t s M a rke t By Co m p o n e n t , Co m p et i t i o n

Fo re c a s t & O p p o r t u n i t i e s , 2 0 1 1 – 2 0 2 1

© TechSci Research

2

T a b l e o f C o n t e n t s

S. No. Contents

1. Product Overview

2. Research Methodology

3. Analyst View

4. Qatar Aftermarket Automotive Components Market Outlook

4.1. Market Size

4.1.1. By Value

4.2. Market Share & Forecast

4.2.1.

By Component (Axle and steering; Brake pads, discs, Lining & Others; Transmission; Clutches; Shock Absorbers; Bearings; Batteries, Regulators & Alternators; Glass; Lightings Systems; Ignition System (SI & CI Engine); Fuel System; Electrical components for body and control elements (window regulator, door locks, BCM, Theft deterrent, parking assist); Filters and Car Care Products)

5. Qatar Passenger Car Aftermarket Automotive Components Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1.By Component (Batteries, Brakes (Brake Pads & Shoes), Clutch, Bearings, Car Care Products, Air Filters, Spark Plugs and Car Oil Filters)

5.2.2. By Company

5.2.3. By OEM Parts Vs. After Market Parts

5.2.4. By Replacement Parts Vs. Repair Parts

© TechSci Research

3

T a b l e o f C o n t e n t s

S. No. Contents

6. Qatar Passenger Car Batteries Aftermarket Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Company

6.3. Pricing Analysis

7. Qatar Passenger Car Brakes (Brake Pads & Shoes) Aftermarket Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Company

7.3. Pricing Analysis

8. Qatar Passenger Car Clutch Aftermarket Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Company

8.3. Pricing Analysis

© TechSci Research

4

T a b l e o f C o n t e n t s

S. No. Contents

9. Qatar Passenger Car Bearings Aftermarket Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Company

9.3. Pricing Analysis

10. Qatar Passenger Car Care Products Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Company

10.3. Pricing Analysis

11. Qatar Passenger Car Air Filters Aftermarket Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Company

11.3. Pricing Analysis

© TechSci Research

5

T a b l e o f C o n t e n t s

S. No. Contents

12. Qatar Passenger Car Spark Plugs Aftermarket Outlook

12.1. Market Size & Forecast

12.1.1. By Value

12.2. Market Share & Forecast

12.2.1. By Company

12.3. Pricing Analysis

13. Qatar Passenger Car Oil Filters Aftermarket Outlook

13.1. Market Size & Forecast

13.1.1. By Value

13.2. Market Share & Forecast

13.2.1. By Company

13.3. Pricing Analysis

14. List of Distributors/Dealers/Importers

15. Strategic Recommendations

16. About Us & Disclaimer

© TechSci Research

6

P r o d u c t O v e r v i e w

Automotive batteries are defined as “the batteries which

are used in powered vehicles for land transport”.

Product Definition of Batteries

Classification According to Brake Type

Vehicle Segment Definition

Brake Pads

Brake pads are a component of disc brakes used inautomotive and other applications. Brake pads aresteel backing plates with friction material bound to thesurface that faces disk brake rotor.

Brake Shoes

A brake shoe is that part of a braking system, whichcarries brake lining in drum brakes used onautomobiles. The brake shoe carries brake lining,which is riveted or glued to the shoe. When the brakeis applied, shoe moves and presses the lining againstthe inside of the drum.

© TechSci Research

7

P r o d u c t O v e r v i e w

Automotive Clutch is defined as “a mechanical device used

for engaging or disengaging the power transmission”.

Product Definition of Clutch

The American Bearing Manufacturers Association (ABMA) definesautomotive bearings as “Highly engineered, precision-madecomponents that enable machinery to move at extremelyhigh speeds and carry remarkable loads with ease andefficiency”.

Product Definition of Bearings

Car Care Products can be defined as “Cleaning agents for

the outside & inside of a car, such as shampoo, polishes,

waxes, etc.

Product Definition of Car Care Product

© TechSci Research

8

P r o d u c t O v e r v i e w

Automotive Air Filters are defined as “a filter that removes

dust from the air”.

Product Definition of Air Filters

Global spark plug supplier NGK defines spark plug as “A sparkplug is a critical engine component that provides the sparkthat ignites air-fuel mixture that drives an engine.”

Product Definition of Spark Plugs

Automotive Oil Filter can be defined as “a filter that

removes impurities from the engine oil or lubricating oil”.

Product Definition of Oil Filters

© TechSci Research

9

P r o d u c t O v e r v i e w

Classification According to Component Type

Segment Component Segment Sub-Segments

Overall Automotive Components Market

Axle and steeringDrive Axles with differential, Non-

Drive Axles with Parts and Steering Wheel

Brake pads, discs, Lining & OthersAutomotive Brake pads, Shoes and

Lining

Transmission Gear Box

Clutches Clutches Plats

Shock Absorbers Automotive Shock Absorbers

Bearings

Ball Bearings, tapered roller, including cone and tapered roller

assemblies, needle roller, cylindrical roller, etc. (Automotive + Industrial)

Batteries

Lead-acid electric accumulators, Nickel-cadmium electric

accumulators, Electric accumulators, Parts of electric accumulators, etc.

Regulators & Alternators Generators and alternators

GlassSafety glass toughened (tempered) for vehicles, Safety glass laminated

nes, etc.

Lightings SystemsLighting or visual signalling

equipment nes

© TechSci Research

10

P r o d u c t O v e r v i e w

Segment Component Segment Sub-Segments

Overall Automotive Components Market

Ignition System (SI & CI Engine)

Sparking plugs, Ignition magnetos; magneto-dynamos, Distributors;

ignition coils, Starter motors & dual purpose starter-generators, Electrical ignition or starting equipment, Parts of electrical

ignition or starting equipment, etc.

Fuel SystemParts for spark-ignition type

engines nes, Fuel Feeding Valves,

Electrical components for body and control elements (window regulator, door locks, BCM,

Theft deterrent, parking assist)

Sound signaling equipment, Windscreen wipes, defrosters and

demisters, Parts of electrical lighting, signaling and defrosting

equipment, etc.

Filters and Car Care Products.

Oil Filters, Intake air filters for internal combustion engines, Automotive body polish and

cleaners, Polishes preparations for glass and mirrors, Car care product

was classified as Car Parts & Accessories → Car Tools,

Maintenance & Care → Vehicle

Polishes & Creams for metal, etc.

Note: The above table is based on HS Code classification.

© TechSci Research

11

P r o d u c t O v e r v i e w

Classification According to Component Type

Segment Component Segment Sub-Segments

Passenger Car

Spark PlugsPassenger Car Spark Plugs for

Aftermarket

BatteriesPassenger Car Batteries for

Aftermarket

Oil FiltersPassenger Car Oil Filters Cartridges

for Aftermarket

Air FiltersPassenger Car Air Filters Cartridges

for Aftermarket

BearingsPassenger Car Bearings for

Aftermarket

Brake Pads & ShoesPassenger Car Brake Pads & Shoes

Set for Aftermarket

ClutchPassenger Car Clutch Plates for

Aftermarket

Car Care Product

Wash & Wax, Car Wash Shampoo,Scratch Remover, Interior

Cleaner/Polish, Wheel and Tire Cleaner and Car external

Cleaner/Polish

© TechSci Research

12

R e s e a r c h M e t h o d o l o g y

A

C

B

Primary Research

Company Analysis

Desk Research

Identifying Key Opinion

Leaders

Questionnaire Design

In-depth Interviews

Market Participants

Key Strengths

Spark plug Portfolio

OEM Tie-ups

Recent

Developments

Market Changing

Aspects/Dynamics

Government

Policies

Final Conclusion

LinkedIn TechSci Internal

database

Factiva Hoovers

Paid Sources

Company Website Company Annual

Reports White Paper Study Financial Reports Investor

Presentations Regulatory Body, Associations, etc.

Secondary Research

Primary Research

Data Collection

Data Filter& Analysis

Research &Intelligence

ActionableInsights

BusinessSolution

•In-depth secondary research was used todetermine top players in Qatar Passenger CarAftermarket Components Market, overall marketsize and identify top passenger car aftermarketcomponents players in the country.

Market Profiling

•In order to conduct industry experts interviews,TechSci formulated a detailed questionnaire.

Formulating Questionnaire

•List of industry players, distributors, dealers,retailers, and industry specialists wasdeveloped.

Developing list of respondents

•TechSci conducted interviews with industryexperts, industry players, for data collection andverification.

Data Collection

•Data obtained as a result of primary andsecondary research was validated throughrigorous triangulation.

Data Validation

•The data was scrutinized using MS-Excel andstatistical tools such as Time Series analysis etc.to obtain qualitative and quantitative insightsabout Qatar Passenger Car AftermarketComponents market.

Data Analysis

© TechSci Research

13

R e s e a r c h M e t h o d o l o g y

Baseline Methodology:

For the study, TechSci Research has gathered information through primary research surveys with leadingautomotive component companies/dealers/distributors/importers in Qatar, and subsequently, verified informationfrom prominent automotive component companies and key executives in Qatar, Middle East and RoW. We also putthrough an exhaustive search of credible paid databases such as Factiva, Hoovers, etc., in addition to our internaldatabase. Our team of analysts has then prudently evaluated all the collected information and presented the samein chronological order to depict a meaningful and clear picture of the Qatar passenger car aftermarket componentsmarket.

While compiling the data, we have also cross checked all collected information from multiple sources and datawarehouses, in order to present the most accurate and precise information of the concerned industry.

Sampling Technique:

While conducting the study, TechSci followed the stratified random sampling technique to shortlist the KOLs (KeyOpinion Leaders) in various automotive components companies in Qatar. KOLs based out of prominent automotivecomponents companies in Qatar were interviewed to identify the size of the passenger car aftermarket componentsmarket.

Sample Size:

KOL No. of Respondents

Personnel in Automotive Component Companies/ Dealers/Distributors

20

Regional Sales Managers/ Country Heads and other mid to senior management people in Automobile Companies/ Dealers/Distributors

15

Industry experts / Government Bodies (Import Export Department, Associations, etc.)

5

Total 40

© TechSci Research

14

R e s e a r c h M e t h o d o l o g y

Market Size Calculation Technique:

Primary Research

For the preparation of Qatar passenger car aftermarket components market report, bottom up model has been

used, which has been later cross validated by using top down approach. TechSci interviewed Sales Managers/Country Heads and other mid to senior management people of the automotive components companies usingDelphi technique for calculating the market size of Qatar passenger car aftermarket components market.Respondents were also asked about current and future growth rates, market share by components type as wellas average selling price of various categories of the components in Qatar. All the information gathered wascarefully analyzed. Data points which exhibited high deviations from the majority estimates were eliminated asoutliers and the remaining refined data points were put together to arrive at the volume data.

S. No. Company/Dealers & Distributor Name

1 Nasser Bin Khaled & Sons (Bosch)

2 Oriental Trading Company Ltd. (SKF)

3 Aspec Qatar Ltd. (Amaron)

4 Ali international trading est (Exedy)

5 MAHLE Aftermarket GmbH / Middle East Branch

6 NGK Spark Plug Middle East FZE

7 AC Delco

8 Behzad car care center w.L.L.

9 Mannai Automotive

10 Al Amer Garage & Transport

Primary Research – Prominent Companies & Associations Interviewed

© TechSci Research

15

R e s e a r c h M e t h o d o l o g y

S. No. Secondary Source

1 OICA

2 Qatar Information Exchange, Doha- Qatar

3 Public Work Authority Qatar

4 Company Websites

5 World Bank

6 International Monetary Fund

Secondary Research

We also put through an exhaustive search of credible paid databases such as Factiva, Hoovers, etc., in addition toour internal database. Further analyses of credible publications, white papers, company’s annual reports, investorpresentations, news articles, etc. were also analysed to cross validate the end findings derived from primaryresearch.

Forecasting Technique:

The team developed forecast on the basis of econometric and judgemental analysis in addition to statisticaltechniques such as averaging, and geometric mean. During primary research interviews, questions regardinghistorical sales trend of Qatar passenger car aftermarket components market during the last five years were putforward. Respondents were asked about the current and the future growth rates, market share by componentstype, across various categories of the passenger car. In order to forecast the Qatar passenger car aftermarketcomponents market, following forecast techniques were used such as:

• Moving Average

• Time Series Analysis

• Econometric and Judgmental Analysis

Exchange Rate –- USD 1= QAR 3.63

I n d u s t r y B r i e f

16

Qatar Passenger Car Aftermarket Components Market to Cross $ 195 Million by 2021

According to TechSci Research report, “Qatar Passenger Car Aftermarket Components Market By Component,Competition Forecast and Opportunities, 2011 – 2021”, the country’s passenger car aftermarket componentsmarket is projected to reach $ 195 million by 2021, on account of expanding passenger car fleet size in the countryand introduction of new passenger car models. As per Organisation Internationale des Constructeursd'Automobiles (OICA), motorization rate (includes passenger cars and commercial vehicles) in Qatar increased from432 per 1,000 inhabitants in 2014 to 452 per 1,000 inhabitants in 2015. Increasing government focus on promotingtourism in the country is projected to further drive passenger car sales in the country, which would furtheraugment demand for passenger car aftermarket components in the country through 2021. Increasing domesticdemand for passenger cars can be attributed to rising number of nuclear families and expatriates in the country,thereby aiding growth in demand for passenger car components from the aftermarket segment in Qatar.

Qatar emerged as one of the prominent markets for passenger car aftermarket components among the GCCnations. Due to lack of domestic manufacturing in Qatar, demand for passenger cars components is solelyaddressed through imports. In 2015, United States based AC Delco and Germany based Bosch were the largestplayers in the country’s passenger car aftermarket components market. Due to their strong market presence andhigh brand acceptance among customers, these companies are expected to continue their market dominance inQatar through 2021.

“Rising demand for passenger cars aftermarket components in the country can be attributed to expandingpassenger car fleet size and hot climatic conditions that affects lifespan of passenger car batteries, therebyresulting in early replacement. High temperature and flat plains in the country result in more wear and tear of autocomponents. Consistent rise in passenger car sales over the years has buoyed healthy growth in replacementdemand for automotive components in Qatar, and this trend is expected to prevail over the next five years.”, saidMr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

© TechSci Research

17

Qatar Aftermarket Automotive Components

Market Size, By Value, 2011-2021F (USD Million)

S a m p l e D a t a - S n a p s h o t

100 120 140 160 180 200 220 240 260 280 300

2011 2012 2013 2014 2015 2016E2017F2018F2019F2020F2021F

5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5%

15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15%10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10%

20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20%

37% 37% 37% 37% 37% 37% 37% 37% 37% 37% 37%13% 13% 13% 13% 13% 13% 13% 13% 13% 13% 13%

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

Others AC Delco Genuine Parts Bosch Exide Exedy

Qatar Passenger Car Aftermarket Components

Market Share, By Company, By Value, 2011-2021F

Qatar Passenger Car Oil Filters Aftermarket

Share, By Company, By Value, 2015-2021F

35% 35% 35% 35% 35% 35% 35%

6% 6% 6% 6% 6% 6% 6%7% 7% 7% 7% 7% 7% 7%10% 10% 10% 10% 10% 10% 10%15% 15% 15% 15% 15% 15% 15%

20% 20% 20% 20% 20% 20% 20%

30% 30% 30% 30% 30% 30% 30%

40% 40% 40% 40% 40% 40% 40%

2015 2016E 2017F 2018F 2019F 2020F 2021F

Genuine Parts Bosch Mahle Others

AC Delco Valeo Fleetguard Donaldson

Qatar Passenger Car Aftermarket Components Market

Size, By Value, 2011-2021F (USD Million)

100 120 140 160 180 200 220 240 260 280 300

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

20% 20% 20% 20% 20% 20% 20%

80% 80% 80% 80% 80% 80% 80%

2015 2016E 2017F 2018F 2019F 2020F 2021F

Aftermarket Parts OEM Parts

Qatar Passenger Car Aftermarket Components Market Share, By

OEM Parts Vs. Aftermarket Parts, By Value, 2015-2021F

Qatar Passenger Car Batteries Aftermarket Size,

By Value, 2011-2021F (USD Million)

100 120 140 160 180 200 220 240 260 280 300

2011 2012 2013 2014 2015 2016E2017F2018F2019F2020F2021F

10% 10% 10% 10% 10% 10% 10%

90% 90% 90% 90% 90% 90% 90%

2015 2016E 2017F 2018F 2019F 2020F 2021F

Replacement Part Repair Parts

Qatar Passenger Car Aftermarket Components Market Share, By

Replacement Part Vs. Repair Parts, By Value, 2011-2021F

R e p o r t O r d e r i n g

To View Sample OR Purchase Report

Report Price

Report Name: Qatar Passenger Car Aftermarket Components Market By

Component, Competition Forecast & Opportunities, 2011 – 2021

License Type Price

Electronic Access - Single User License $2500

CD-ROM Mail Delivery $3000

Hard Copy Mail Delivery $3500

Electronic Access - Multi-User License $5000

18

A b o u t U s & D i s c l a i m e r

19

© TechSci Research

About Us

TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides

market research reports in a number of areas to organizations. The company uses innovative business models that focus on improved

productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-

specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and

global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich

evaluation of the opportunities available in the market.

Related Reports

Brazil Tyre Market Forecast & Opportunities, 2020

United States Tyre Market Forecast & Opportunities, 2020

Argentina Tyre Market Forecast & Opportunities, 2020

Partial List of Clients

Disclaimer

The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is madethat it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from varioussources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness ofany information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially statesthat it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts,can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internalconsumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

TechSci Research – Europe

54, Oldbrook, Bretton,

Peterborough,

United Kingdom

Email: [email protected]

www.techsciresearch.com

TechSci Research – Asia-Pacific

B – 44, Sector -57, Noida, National

Capital Region, U.P. - India

Tel: +91-120-4523900

Email: [email protected]

www.techsciresearch.com

TechSci Research – North America

708 Third Avenue, Manhattan,

New York, United States

Tel: +1- 646- 360- 1656

Email: [email protected]

www.techsciresearch.com