Saudi Arabia Electric Vehicle Aftermarket Overview

Market Size in 2024 : USD 759.2 Thousand

Market Size in 2033: USD 4,084.8 Thousand

Market Growth Rate 2025-2033: 20.56%

According to IMARC Group's latest research publication,"Saudi Arabia Electric Vehicle Aftermarket Size, Share, Trends and Forecast by Replacement Part, Propulsion Type, Vehicle Type, Certification, Distribution Channel, and Region, 2025-2033", The Saudi Arabia electric vehicle aftermarket size reachedUSD759.2Thousandin2024. Looking forward, IMARC Group expects the market to reachUSD4,084.8Thousandby?2033?, exhibiting a growth rate(CAGR) of20.56%during2025-2033.

Three Growth Factors Driving Saudi Arabias Electric Vehicle Aftermarket

• Government Push for EV Adoption

Saudi Arabias Vision 2030 is a big driver for the electric vehicle (EV) aftermarket, as the government aims to make 30% of vehicles in Riyadh electric. Theyre rolling out incentives like VAT exemptions for new EVs, subsidized charging, and free home charger installations to get more people on board. With only 101 public charging stations in 2024, the Kingdom is investing heavily to build 5,000 fast chargers by 2030. This infrastructure boom means more EVs on the road, boosting demand for aftermarket services like battery maintenance and software updates. The governments backing of local brands like Ceer, set to launch its first models soon, also creates a ripple effect, increasing the need for specialized aftermarket support for these homegrown EVs.

• Rising Consumer Interest in EVs

More Saudis are warming up to EVs, with nearly half now open to buying one, a huge shift from when EVs made up just over 1% of car sales. This growing interest is fueling the aftermarket as more drivers need services like battery replacements, tire upgrades, and charging equipment maintenance. Dealerships are seeing increased demand for EV-specific parts, with companies like BYD planning to sell over 5,000 EVs in Saudi Arabia next year. As consumers get more tech-savvy and environmentally conscious, theyre also seeking customizations like advanced driver-assistance systems (ADAS) calibration or performance tuning. This surge in EV ownership is creating a steady stream of aftermarket opportunities, from routine maintenance to premium upgrades tailored to Saudi drivers preferences.

• Local Manufacturing and Investment

Saudi Arabias investment in local EV production is a game-changer for the aftermarket. The Public Investment Fund has poured billions into Lucid Motors, which opened a factory in King Abdullah Economic City, assembling thousands of luxury EVs annually. Ceer, the Kingdoms first EV brand, is also gearing up to produce vehicles with global partners like Foxconn and BMW. These local plants mean more EVs designed for Saudi conditions, driving demand for region-specific aftermarket parts like heat-resistant batteries or sand-proof components. With plans to produce 300,000 EVs yearly, the supply chain is expanding, creating jobs and boosting aftermarket services like repairs and part replacements. This homegrown focus ensures a steady flow of vehicles needing specialized aftermarket care.

Three Emerging Trends in the Saudi Arabia Electric Vehicle Aftermarket

• Growth of Specialized Battery Services

Battery maintenance and recycling are becoming a hot trend in Saudi Arabias EV aftermarket. With EVs relying heavily on batteries, services like diagnostics, refurbishment, and replacement are in high demand. For example, Lucids Jeddah factory is already producing thousands of EVs, each needing battery care tailored to the regions harsh climate. Workshops are popping up to handle battery health checks, with some offering mobile units for on-site service. The governments push for sustainability is also sparking interest in battery recycling programs, with facilities emerging to repurpose used EV batteries for energy storage. These services are critical as EV adoption grows, ensuring batteries last longer and reducing environmental impact, all while creating new revenue streams for aftermarket businesses.

• Rise of Smart Aftermarket Solutions

Tech-driven solutions are transforming the EV aftermarket in Saudi Arabia. Drivers are increasingly seeking software updates for better vehicle performance, like over-the-air (OTA) upgrades for Teslas new Riyadh-based models. Smart diagnostics tools are also gaining traction, allowing mechanics to monitor EV systems in real time, cutting down repair times. For instance, BYDs expansion from three to ten outlets is paired with digital platforms for booking maintenance or ordering parts. These tools appeal to Saudi Arabias tech-savvy population, with workshops using AI to predict component failures before they happen. This trend is making aftermarket services faster and more efficient, meeting the expectations of a growing EV user base while boosting customer satisfaction.

• Expansion of Charging Infrastructure Support

The push for more EV charging stations is creating a new aftermarket niche. With only 101 public chargers in 2024, Saudi Arabias plan to install 5,000 fast chargers by 2030 is driving demand for charger installation, maintenance, and repair services. Companies like Tesla are investing in charging networks, requiring aftermarket support for things like cable replacements or software updates for smart chargers. Home charger installations, subsidized by the government, are also booming, with technicians offering custom setups for households. This trend is critical as range anxiety remains a top concern for EV buyers, and a robust charging network needs ongoing aftermarket care to keep it reliable, especially

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Saudi Arabia Electric Vehicle After Industry Segmentation:

The report has segmented the market into the following categories:

Replacement Part Insights:

• Tire
• Battery
• Brake Parts
• Filters
• Body Parts
• Lighting and Electronic Components
• Wheels
• Turbochargers
• Others

Propulsion Type Insights:

• Battery Electric Vehicles
• Hybrid Electric Vehicles
• Fuel Cell Electric Vehicles
• Plug-in Hybrid Electric Vehicles

Vehicle Type Insights:

• Passenger Cars
• Commercial Vehicles

Certification Insights:

• Genuine Parts
• Certified Parts
• Uncertified Parts

Distribution Channel Insights:

• Authorized Service Centers (OEMs)
• Premium Multi-brand Service Centers
• Digital Aggregators
• Others

Regional Insights:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Future Outlook

The future of Saudi Arabias EV aftermarket looks bright as Vision 2030 fuels rapid growth. With plans to produce 300,000 EVs annually and expand charging infrastructure to 5,000 fast chargers, the demand for aftermarket services like battery maintenance, software upgrades, and charger repairs will skyrocket. Companies like Lucid and BYD are scaling up local operations, while Ceers upcoming models will drive demand for specialized parts and services. As nearly half of Saudis show interest in EVs, the aftermarket will see a surge in customizations and tech-driven solutions like OTA updates. Government incentives, such as subsidized charging, will keep adoption rates climbing, ensuring a steady flow of vehicles needing care. This momentum positions Saudi Arabia as a regional EV hub, with the aftermarket playing a key role in sustaining growth.

Research Methodology:

The report employs a comprehensive research methodology, combining primary and secondary data sources to validate findings. It includes market assessments, surveys, expert opinions, and data triangulation techniques to ensure accuracy and reliability.

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