Automotive Aftermarket Market Share, Industry Growth, Trend, Drivers, Challenges, Key Companies by 2027

Growing demand for digitization of aftermarket services in automobiles is driving the demand for the market.

The Global Automotive Aftermarket Market is projected to reach USD 518.04 billion in 2027. The market growth is expected to increase through the digitalization of automobile repair and parts manufacturing, along with advanced technological incorporations of the production of automotive aftermarket components. The growing acceptance of semi-autonomous, electric, and hybrid and independent vehicles is expected to further fuel the growth of the industry.

Secondly, development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states import/export, supply and consumption figures as well as cost, price, revenue and gross margin by regions (United States, EU, China and Japan), and other regions can be added.

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Competitive Outlook: The leading companies operating in the Automotive Aftermarket market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Automotive Aftermarket Market and Profiled in the Report are:

Bridgestone Corporation, Hella KGaA Hueck Co., Denso Corporation, Continental, ACDelco, Delphi Automotive, Fauraecia, BASF, Robert Bosch, 3M Company

Objectives of the Report:

  • Study of the global Automotive Aftermarket market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
  • Industrial structure analysis of the Automotive Aftermarket market by identification of various sub-segments
  • Extensive analysis of key market players along with their SWOT analysis
  • Competitive landscape benchmarking
  • Analysis of Automotive Aftermarket market based on growth trends, futuristic outlook, and contribution to the total growth of the market
  • Analysis of drivers, constraints, opportunities, challenges, and risks in the global Automotive Aftermarket market
  • Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

  • Replacement Part Outlook (Revenue: USD Billion; 2017-2027)

    • Tire
    • Battery
    • Brake Parts
    • Filters
    • Body parts
    • Lighting Electronic Components
    • Wheels
    • Exhaust components
    • Turbochargers
    • Others
  • Certification Outlook (Revenue: USD Billion; 2017-2027)

    • Genuine Parts
    • Certified Parts
    • Uncertified Parts
  • Service Channel Outlook (Revenue: USD Billion; 2017-2027)

    • DIY
    • DIFM
    • OE

Automotive Aftermarket Market Segmentation by Regions:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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