Dubai, UAE: The upward trend of commercial vehicles on GCC roads and corresponding demand for aftermarket parts and services is leading global manufacturers to stake the region out as a key growth market.
Driven by continued investment in commercial, logistical and industrial infrastructure, demand for trucks and buses in the Gulf remains high. Analysts Frost & Sullivan (F&S) estimate that sales of commercial vehicles in the region increased 13.4%yearly between 2009 and 2014, bringing the total of units in operation to 1.2 million.
That number will rise to 1.8 million by 2020, which in turn will fuel demand for CV spare parts and accessories, the value of which is estimated to reach US$5.49 billion by 2020, up from US$3.38 billion in 2014, and representing a compound annual growth rate of 8.4 per cent.
Some of the world’s largest aftermarket players that provide automotive replacement parts and services for trucks and buses are gearing up for Automechanika Dubai trade show, which takes place from 8-10 May 2016 at the Dubai International Convention and Exhibition Centre.
More than 900 of the three-day event’s 2,000-plus exhibitors will be part of the Truck Competence initiative, covering the entire CV value chain, from parts and accessories, workshop equipment, body repair and care.
“Truck Competence has enjoyed remarkable growth since it was first introduced at Automechanika Dubai in 2012, with exhibitor numbers having more than doubled over the past five years,” said Ahmed Pauwels, CEO of Messe Frankfurt Middle East, the organiser of Automechanika Dubai.
Other major international aftermarket names at Automechanika Dubai with considerable Truck Competence portfolios include American companies Johnson Controls, the world’s largest manufacturer of automotive batteries; Jost International, which specialises in products such as landing gear, fifth wheels, and hydraulic cylinders; Meritor; and Dana, a worldwide supplier of powertrain components.
Automechanika Dubai 2016, the Middle East and Africa’s largest trade exhibition for the automotive aftermarket, will feature more than 2,000 exhibitors from 60 countries, and is expected to attract 30,000-plus trade visitors from 134 countries.
The 14th edition of the three-day event focuses on the six core product groups of Parts & Components; Electronics & Systems; Repair & Maintenance; Tyres & Batteries; Service Station & Car Wash; and Accessories & Tuning.
Automechanika Dubai 2016 will also feature the Spare Parts and Maintenance Conference on the 9th May as a part of the Automechanika Academy. The Automechanika Academy is a regular feature bringing together international industry experts, relevant government authorities and key industry players to discuss the most pressing issues in the industry and analyse the changing trends in the market.
Conference Programme - May 9, 2015 (as of 20/04/16)
Time Topic
09:30 Registration and Refreshments
10:20 Opening Remarks by the Chair
10:30 Session 1: Regulations on Spare Parts for Vehicles by the Emirates Authority for Standardization and Metrology (ESMA)
11:00 Session 2: RTA’s Centralised Periodical Technical Inspection System
Khaled Abdullah Saeed
Vehicle Inspection Manager
RTA - Licensing Authority
11:30 Coffee and Refreshment Break
12:00 Session 3: Current Trends in Spare Parts Across the Region
Prachi Satoskar, Business Group Manager, GfK
12:30 Session 4: Ratings and Certifications for Vehicles Maintenance Workshops
Steve Scofield, Head of Business Development, The Institute of the Motor Industry (IMI)
13:00 Prayer and Lunch Break
14:00 Session 5: Auto Parts and Accessories Trend in the Region
Subhash Joshi, Regional Head and Associate Director - Automotive & Transportation (MENASA), Frost and Sullivan
14:30 Session 6: Government’s Role in Ensuring Consumer Protection in Warranty
Dr. Hashim Al Nuaimi, Director of Consumer Protection, Ministry of Economy - UAE
15:00 Session 7: Challenges in Inventory Management for Spare Parts
15:30 Session 8: Initiatives on Usage of Genuine Spare Parts
16:00 Closing Remarks and End of the Spare Parts and Maintenance Conference 2016