TOKYO: A Japanese country pavilion will debut at the Middle East’s leading international trade fair for the automotive service industry, underlining the vast potential in a regional market that trades more than $1.5 billion worth of Japanese auto parts and accessories every year.
Some of the world’s leading automotive aftermarket players from the “Land of the Rising Sun” are lining up to take part in Automechanika Dubai 2016, spurred on by huge demand for Japanese cars and parts in key regional markets such as the UAE and Saudi Arabia.
According to analysts Frost & Sullivan, Japanese brands comprised nearly 69 percent of UAE passenger vehicle sales in 2015. In Saudi Arabia, 54 percent of cars sold were from Japan for the year, while the Kingdom’s 800,000-plus commercial vehicle (CV) segment is dominated by brands such as Isuzu and Mitsubishi.
Demand for Japanese parts is also at an all-time high. The latest statistics from Dubai Customs show that 23 percent of Dubai’s auto parts and accessories imports in 2014 ($1.6 billion worth) came from Japan – more than from any other country. Much of this was re-exported into the high volume markets of Saudi Arabia, Iraq, and Afghanistan.
Which is why major players such as Denso – the world’s largest auto parts manufacturer by revenue – is spearheading the strong Japanese presence at Automechanika Dubai 2016, slated on May 8-10 at the Dubai International Convention and Exhibition Centre.
Denso, which recorded $35.9 billion globally in consolidated net sales for the fiscal year ending March 2015, is returning to Automechanika Dubai for the second year running in 2016. From its stand, the Toyota-owned powerhouse will showcase advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety.
Elsewhere, drivetrain systems manufacturer Exedy, and Hitachi Automotive Systems are taking part in Automechanika Dubai 2016 to increase brand recognition in the rapidly expanding Middle East and African market.
“With the core technologies specializing in friction, vibration and fluid, Exedy’s products have been highly recognised by car manufacturers around the world,” said Toshihiro Abe, Vice President and Director of Exedy. “We continue to hold a large share in both domestic and international markets, establishing 40 group companies covering 23 countries worldwide.
“We are participating in Automechanika Dubai 2016 to increase brand awareness and to cater to our valued customers, both local and from abroad. Participating in a major event like this will also give our staff experience and knowledge in better handling customer needs from around the region,” he added.
Hisatsune, the Managing Director of Hitachi Automotive Systems, said: “We hope we can get to know more potential dealers in the Middle East and increase the name value of the Hitachi brand. We hope, and are trying to grow our sales in the region by 20 percent annually.”
Other headline Japanese names at Automechanika Dubai 2016 include spark plug manufacturer NGK, and Tokyo-based KYB, which plans to showcase its latest range of shock absorbers, air suspensions, power steering systems, hydraulic pumps, motors, cylinders, and valves.
