Automotive Aftermarket Market Share, Forecast, Overview and Key Companies Analysis by 2028


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.

The report provides detailed insights into Automotive Aftermarket market trends, industry trends, consumer trends, market size, market share, market revenue growth, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the Automotive Aftermarket market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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The steady Automotive Aftermarket market share growth can be attributed to a variety of factors and trends in the global Automotive Aftermarket market currently. Global Automotive Aftermarket market revenue growth is supported to a significant extent due to rising focus by major players on product/service expansion into new and untapped domestic markets and rising competition in the market. These factors are expected to drive incline in regional Automotive Aftermarket market share growth over the forecast period.

In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Automotive Aftermarket market share contribution of these countries. In addition, Automotive Aftermarket market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.

Top key vendors in Automotive Aftermarket Market include are:

  • Key players in the market include Bridgestone Corporation, Hella KGaA Hueck & Co., Denso Corporation, Continental, ACDelco, Delphi Automotive, Fauraecia, BASF, Robert Bosch, and 3M Company, among others.

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

For the purpose of this report, Emergen Research has segmented into the global Automotive Aftermarket on the basis of Product, Fitting, Application, and region:

  • 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
  • Distribution Channel Outlook (Revenue: USD Billion; 2017-2027)
    • Retailers
    • Wholesalers & Distributors

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In terms of Automotive Aftermarket market share and revenue contribution to the global Automotive Aftermarket market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Automotive Aftermarket market share.

Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Automotive Aftermarket Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.

Region wise performance of the Automotive Aftermarket industry

Asia Pacific market share contribution to the global Automotive Aftermarket market is expected to continue to register comparatively faster growth rate than other regional markets between 2020 and 2028. Rapid growth rate of China and India Automotive Aftermarket market share contribution can be attributed to increasing population and disposable income, and steady economic growth, and the trend is expected to continue going ahead.  

Steady increase in Europe Automotive Aftermarket market share growth is primarily supported by continuous developments in major countries in the region. Robust focus on research and development initiatives by major firms in countries in the region is also expected to continue to support market share growth of the Europe Automotive Aftermarket market going ahead.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

  • United States
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us@ https://www.emergenresearch.com/request-for-customization/3

The research provides answers to the following key questions:

  • What will be the growth rate and the market size of the Automotive Aftermarket industry for the forecast period 2020-2027?
  • What are the major driving forces expected to impact the development of the Automotive Aftermarket market across different regions?
  • Who are the major driving forces expected to decide the fate of the Automotive Aftermarket industry worldwide?
  • Who are the prominent market players making a mark in the Automotive Aftermarket market with their winning strategies?
  • Which Automotive Aftermarket industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
  • What are the key barriers and threats believed to hinder the development of the industry?
  • What are the future opportunities in the Automotive Aftermarket market?

Table of Content

Chapter 1. Methodology & Sources

    1.1. Automotive Aftermarket Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Automotive Aftermarket Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2021-2028

Chapter 3. Key Insights

Chapter 4. Automotive Aftermarket Market Segmentation & Impact Analysis

    4.1. Automotive Aftermarket Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Automotive Aftermarket Market indicators analysis

          4.2.2. Automotive Aftermarket Market drivers analysis

                    4.2.2.1. Rapid urbanization and industrialization

                    4.2.2.2. Stringent government regulations regarding carbon emissions

                    4.2.2.3. Increasing prevalence of respiratory diseases

                    4.2.2.4. Rising need to enhance indoor air quality

          4.2.3. Automotive Aftermarket Market restraints analysis

                    4.2.3.1. High cost associated with the maintenance of Automotive Aftermarket products

                    4.2.3.2. Availability of renewable sources of energy

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 10. Competitive Landscape

    10.1. Automotive Aftermarket Market Revenue Share By Manufacturers

    10.2. Mergers & Acquisitions

    10.3. Competitor’s Positioning

    10.4. Strategy Benchmarking

    10.5. Vendor Landscape

          10.5.1. Raw Material Suppliers

                    10.5.1.1. North America

                    10.5.1.2. Europe

                    10.5.1.3. Asia Pacific

                    10.5.1.4. Middle East & Africa

                    10.5.1.5. Latin America

          10.5.2. Distributors

                    10.5.2.1. North America

                    10.5.2.2. Europe

                    10.5.2.3. Asia Pacific

                    10.5.2.4. Middle East & Africa

                    10.5.2.5. Latin America

          10.5.3. Others

Continued….

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