Three Key Reasons to Stock Hyundai Parts in the Middle East and Africa
November 28, 2023
Three Key Reasons to Stock Hyundai Parts in the Middle East and Africa

Hyundai, a renowned multinational automaker, has established a significant global presence with its range of vehicles. As an esteemed supplier of auto parts, we've observed a notable surge in the demand for Hyundai vehicles and spare parts across the Middle East and African regions. With over 13 years of experience in dealing with Hyundai spare parts, we've identified crucial reasons why stocking Hyundai parts is paramount.
 

Growing Demand for Hyundai Vehicles:

Hyundai has been strategically expanding its export portfolio, witnessing a notable surge in its global presence over the past few years. Their export volume grew by over 1.5 times in FY21, highlighting a robust focus on capturing new markets, especially in Africa and the Middle East. Their diverse vehicle range, including the likes of Elantra, Sonata, Santa Fe, Tucson, Accent, and many others, has attracted significant attention. The surge in Hyundai vehicle sales directly correlates to an increased demand for Hyundai spare parts. These parts, including but not limited to full sets of gaskets, clutch covers, oil seals, brake chambers, air filters, and engine mountings, are witnessing a high demand from these regions.

Hyundai's Dominance in the LCV Segment:

Hyundai has garnered substantial market share, particularly in the Light Commercial Vehicle (LCV) segment. Their focus on this sector and plans for launching more LCV variants in the coming quarters indicate a promising trajectory. As the LCV segment witnesses consistent growth, primarily fueled by the e-commerce and delivery sectors, the demand for Hyundai LCVs and their corresponding spare parts is on the rise. The resilience of Hyundai's LCVs, even during challenging times like the pandemic, has propelled their market share upwards. For businesses aiming to capture this growing market, stocking Hyundai LCV spare parts is a strategic move.

Continuous Product Portfolio Expansion:

Hyundai's commitment to innovation is evident through its consistent introduction of new vehicles. From their first LCV, Dost, launched in a joint venture with Nissan, to their latest offering, Bada Dost, on the indigenous Phoenix platform, Hyundai continues to expand its product portfolio. Equipped with advanced BS-VI engines and boasting exceptional payload capacities, these new models are set to revolutionize the market. With multiple new LCV launches planned on the Phoenix platform, the demand for both existing and new Hyundai spare parts will surge. Stocking up on these parts now will enable businesses to tap into the market for Dost, Bada Dost, and forthcoming models.

At Partsmith Auto Spare Parts Trading LLC, we house an extensive range of Hyundai spare parts at our UAE warehouse. Additionally, we provide spare parts for other Indian-manufactured vehicles, such as Tata, Mahindra, Suzuki, Hyundai, Nissan, Volkswagen, among others. Our inventory includes Genuine, OEM (Original Equipment Manufacturer), and high-quality Aftermarket options to cater to diverse needs. For any inquiries regarding parts and pricing, reach out to us via email at info@partsmith.ae. Explore our comprehensive range of parts on our website, www.partsmith.ae, where you can conveniently search using OEM numbers or specific vehicle models.

 

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