Automechanika Riyadh completed its second edition with familiar brands exhibiting, such as DENSO, Hengst and Mopar coming together at the Al Faisaliah Hotel — Prince Sultan Grand Hall.
The show, licensed by Messe Frankfurt Middle East GmbH and organized by ACE Exhibitions, ran from Feb. 24-26.
In total, 87 exhibitors from 13 countries took part with nearly 2,500 buyers in attendance. The first show was held in 2018.
“I am excited for the show because it is giving a strong feeling about the local Saudi market,” said Eihab Y. Al Faran Al-Dossary, spare parts manager for Yousif H. Al-Faran Al-Dossary Sons Co. Ltd. “We would like to see the show develop every year and this year has been very strong. We received a lot of visitors and it’s obvious that visitors are looking for companies with spare parts and so I advise companies to take part in the future shows.”
The Kingdom of Saudi Arabia’s automotive market is primarily driven by imports, having about 540,000 vehicles sold in the kingdom in 2019. In total, about $7.6 billion of parts are sold in the kingdom with a CAGR of 6 percent. By 2023, that is estimated to grow to $10.15 billion.
Seventy-five percent of the exhibitors hailed from other countries, including the United States, France, Egypt, China, United Arab Emirates, India, Pakistan, Turkey, Thailand and South Korea.
The Kingdom of Saudi Arabia is experiencing a vehicle parc that might be familiar to those who work in the automotive aftermarket in the United States. The share of vehicles that are older than eight years has gone from 40 percent of the vehicles in 2017 to an expected almost 50 percent share in 2025. That creates good opportunities for the automotive aftermarket.
“We exhibited at Automechanika Riyadh show… and the response to our products and services exceeded our expectations,” said Lauren Pereira of Sensus, a provider of IT and automotive solutions. “Sensus prides itself on offering the latest digital solutions in the MENA (Middle East and North Africa) region and we found that the attendees were very welcoming to our technology in their region and we gained a large number of leads from this event.”
The next edition of Automechanika Riyadh is scheduled for 2022.
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