AUTOMOTIVE & TRANSPORTATION
Global Automotive Aftermarket Market - Industry Trends and Forecast to 2032
REPORT OVERVIEW
Global Automotive Aftermarket Market, By Replacement Parts (Tire, Battery, Brake Parts, Filters, Body parts, Lighting & Electronic Components, Wheels, Exhaust components, Turbochargers, and Others), Distribution Channel (Retailers and Wholesalers & Distributors), Vehicle Type (Two Wheelers, Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, All-Terrain Vehicles, and Off-Highway Vehicles), Service Channel (DIY (Do it Yourself), DIFM (Do it for Me), and OE (Delegating to OEM’s) ), Certification (Genuine Parts, Certified Parts, and Uncertified Parts), Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2032.
Market Insights
Market Dynamics
- Consumer preferences for customization
- Rise of e-commerce platforms and digitalization
- Rising prices of raw materials
- Increasing complexity of vehicles
- Technological advancements
- Growth opportunities in emerging markets
- Supply chain disruptions
- Economic downturns, recessions, and fluctuations in disposable income
SEGMENTATION
- Replacement Parts
- Tire
- Battery
- Brake Parts
- Filters
- Body parts
- Lighting & Electronic Components
- Wheels
- Exhaust components
- Turbochargers
- Others
- Distribution Channel
- Retailers
- OEMs
- Repair Shops
- Wholesalers & Distributors
- Vehicle Type
- Two Wheelers
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- All-Terrain Vehicles
- Off-Highway Vehicles
- Service Channel
- DIY (Do it Yourself)
- DIFM (Do it for Me)
- OE (Delegating to OEM’s)
- Certification
- Genuine Parts
- Certified Parts
- Uncertified Parts
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- The Netherlands
- Belgium
- Turkey
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Singapore
- Malaysia
- Australia
- Thailand
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Chile
- Colombia
- Rest of South America
- Middle East and Africa
- Kingdom of Saudi Arabia
- South Africa
- U.A.E.
- Egypt
- Rest of Middle East and Africa
KEY MARKET PLAYERS
- 3M Company
- Continental AG
- Cooper Tire & Rubber Company
- Denso Corporation
- Federal-Mogul Corporation
- HELLA KGaA Hueck & Co.
- Robert Bosch GmbH
- Valeo Group
- ZF Friedrichshafen AG
- Magna International Inc.
Table OF CONTENTS
- SECTION 1 - INTRODUCTION
- 1.1 Taxonomy
- 1.2 Market Overview
- 1.3 Currency and Limitations
- 1.3.1 Currency
- 1.3.2 Limitations
- 1.4 Key Competitors
- SECTION 2 - RESEARCH METHODOLOGY
- 2.1 Research Approach
- 2.2 Data Collection and Validation
- 2.2.1 Secondary Research
- 2.2.2 Primary Research
- 2.3 Market Assessment
- 2.3.1 Market Size Estimation
- 2.3.2 Bottom-up Approach
- 2.3.3 Top-down Approach
- 2.3.4 Growth Forecast
- 2.4 Market Study Assumptions
- 2.5 Data Sources
- SECTION 3 - EXECUTIVE SUMMARY
- 3.1 Global Automotive Aftermarket Market, by Replacement Parts
- 3.2 Global Automotive Aftermarket Market, by Distribution Channel
- 3.3 Global Automotive Aftermarket Market, by Vehicle Type
- 3.4 Global Automotive Aftermarket Market, by Service Channel
- 3.5 Global Automotive Aftermarket Market, by Certification
- 3.6 Global Automotive Aftermarket Market, by Geography
- 3.7 Market Position Grid
- SECTION 4 - PREMIUM INSIGHTS
- 4.1 Regulatory Framework
- 4.1.1 Standards
- 4.1.2 Regulatory Landscape
- 4.2 Value Chain Analysis
- 4.3 Supply Chain Analysis
- 4.4 COVID-19 Impact
- 4.5 Russia-Ukraine War Impact
- 4.6 PORTER's Five Force Analysis
- 4.7 PESTLE Analysis
- 4.8 SWOT Analysis
- 4.9 Go to Market Strategy
- 4.10 Opportunity Orbit
- 4.11 Multivariate Modelling
- 4.12 Pricing Analysis
- SECTION 5 - MARKET DYNAMICS
- 5.1 Trends
- 5.1.1 Rise of electric vehicles (EVs)
- 5.1.2 Connected car technologies
- 5.1.3 Trend 3
- 5.2 Drivers
- 5.2.1 Consumer preferences for customization
- 5.2.2 Rise of e-commerce platforms and digitalization
- 5.2.3 Driver 3
- 5.2.4 Driver 4
- 5.3 Restraints
- 5.3.1 Rising prices of raw materials
- 5.3.2 Increasing complexity of vehicles
- 5.3.3 Restraint 3
- 5.4 Opportunities
- 5.4.1 Technological advancements
- 5.4.2 Growth opportunities in emerging markets
- 5.4.3 Opportunity 3
- 5.4.4 Opportunity 4
- 5.5 Challenges
- 5.5.1 Supply chain disruptions
- 5.5.2 Economic downturns, recessions, and fluctuations in disposable income
- 5.5.3 Challenge 3
- SECTION 6 - GLOBAL AUTOMOTIVE AFTERMARKET MARKET, BY REPLACEMENT PARTS
- 6.1 Replacement Parts Summary
- 6.2 Market Attractive Index
- 6.3 Global Automotive Aftermarket Market, by Replacement Parts (2019-2032)
- SECTION 7 - GLOBAL AUTOMOTIVE AFTERMARKET MARKET, BY DISTRIBUTION CHANNEL
- 7.1 Distribution Channel Summary
- 7.2 Market Attractive Index
- 7.3 Global Automotive Aftermarket Market, by Distribution Channel (2019-2032)
- SECTION 8 - GLOBAL AUTOMOTIVE AFTERMARKET MARKET, BY VEHICLE TYPE
- 8.1 Vehicle Type Summary
- 8.2 Market Attractive Index
- 8.3 Global Automotive Aftermarket Market, by Vehicle Type (2019-2032)
- SECTION 9 - GLOBAL AUTOMOTIVE AFTERMARKET MARKET, BY SERVICE CHANNEL
- 9.1 Service Channel Summary
- 9.2 Market Attractive Index
- 9.3 Global Automotive Aftermarket Market, by Service Channel (2019-2032)
- SECTION 10 - GLOBAL AUTOMOTIVE AFTERMARKET MARKET, BY CERTIFICATION
- 10.1 Certification Summary
- 10.2 Market Attractive Index
- 10.3 Global Automotive Aftermarket Market, by Certification (2019-2032)
- SECTION 11 - GLOBAL AUTOMOTIVE AFTERMARKET MARKET, BY GEOGRAPHY
- 11.1 Regional Summary
- 11.2 Market Attractive Index
- 11.3 Global Automotive Aftermarket Market, by Geography (2019-2032)
- SECTION 12 - NORTH AMERICA AUTOMOTIVE AFTERMARKET MARKET
- 12.1 North America Summary
- 12.2 Market Attractive Index
- 12.3 North America Automotive Aftermarket Market, by Replacement Parts (2019-2032)
- 12.4 North America Automotive Aftermarket Market, by Distribution Channel (2019-2032)
- 12.5 North America Automotive Aftermarket Market, by Vehicle Type (2019-2032)
- 12.6 North America Automotive Aftermarket Market, by Service Channel (2019-2032)
- 12.7 North America Automotive Aftermarket Market, by Certification (2019-2032)
- 12.8 North America Automotive Aftermarket Market, by Country (2019-2032)
- 12.8.1 U.S.
- 12.8.2 Canada
- 12.8.3 Mexico
- 12.8.4 Rest of North America
- SECTION 13 - EUROPE AUTOMOTIVE AFTERMARKET MARKET
- 13.1 Europe Summary
- 13.2 Market Attractive Index
- 13.3 Europe Automotive Aftermarket Market, by Replacement Parts (2019-2032)
- 13.4 Europe Automotive Aftermarket Market, by Distribution Channel (2019-2032)
- 13.5 Europe Automotive Aftermarket Market, by Vehicle Type (2019-2032)
- 13.6 Europe Automotive Aftermarket Market, by Service Channel (2019-2032)
- 13.7 Europe Automotive Aftermarket Market, by Certification (2019-2032)
- 13.8 Europe Automotive Aftermarket Market, by Country (2019-2032)
- 13.8.1 Germany
- 13.8.2 U.K.
- 13.8.3 France
- 13.8.4 Italy
- 13.8.5 Spain
- 13.8.6 Russia
- 13.8.7 The Netherlands
- 13.8.8 Belgium
- 13.8.9 Turkey
- 13.8.10 Rest of Europe
- SECTION 14 - ASIA-PACIFIC AUTOMOTIVE AFTERMARKET MARKET
- 14.1 Asia-Pacific Summary
- 14.2 Market Attractive Index
- 14.3 Asia-Pacific Automotive Aftermarket Market, by Replacement Parts (2019-2032)
- 14.4 Asia-Pacific Automotive Aftermarket Market, by Distribution Channel (2019-2032)
- 14.5 Asia-Pacific Automotive Aftermarket Market, by Vehicle Type (2019-2032)
- 14.6 Asia-Pacific Automotive Aftermarket Market, by Service Channel (2019-2032)
- 14.7 Asia-Pacific Automotive Aftermarket Market, by Certification (2019-2032)
- 14.8 Asia-Pacific Automotive Aftermarket Market, by Country (2019-2032)
- 14.8.1 China
- 14.8.2 India
- 14.8.3 Japan
- 14.8.4 South Korea
- 14.8.5 Singapore
- 14.8.6 Malaysia
- 14.8.7 Australia
- 14.8.8 Thailand
- 14.8.9 Philippines
- 14.8.10 Rest of Asia-Pacific
- SECTION 15 - SOUTH AMERICA AUTOMOTIVE AFTERMARKET MARKET
- 15.1 South America Summary
- 15.2 Market Attractive Index
- 15.3 South America Automotive Aftermarket Market, by Replacement Parts (2019-2032)
- 15.4 South America Automotive Aftermarket Market, by Distribution Channel (2019-2032)
- 15.5 South America Automotive Aftermarket Market, by Vehicle Type (2019-2032)
- 15.6 South America Automotive Aftermarket Market, by Service Channel (2019-2032)
- 15.7 South America Automotive Aftermarket Market, by Certification (2019-2032)
- 15.8 South America Automotive Aftermarket Market, by Country (2019-2032)
- 15.8.1 Brazil
- 15.8.2 Argentina
- 15.8.3 Chile
- 15.8.4 Colombia
- 15.8.5 Rest of South America
- SECTION 16 - MIDDLE EAST AND AFRICA AUTOMOTIVE AFTERMARKET MARKET
- 16.1 Middle East and Africa Summary
- 16.2 Market Attractive Index
- 16.3 Middle East and Africa Automotive Aftermarket Market, by Replacement Parts (2019-2032)
- 16.4 Middle East and Africa Automotive Aftermarket Market, by Distribution Channel (2019-2032)
- 16.5 Middle East and Africa Automotive Aftermarket Market, by Vehicle Type (2019-2032)
- 16.6 Middle East and Africa Automotive Aftermarket Market, by Service Channel (2019-2032)
- 16.7 Middle East and Africa Automotive Aftermarket Market, by Certification (2019-2032)
- 16.8 Middle East and Africa Automotive Aftermarket Market, by Country (2019-2032)
- 16.8.1 Kingdom of Saudi Arabia
- 16.8.2 South Africa
- 16.8.3 U.A.E.
- 16.8.4 Egypt
- 16.8.5 Rest of Middle East and Africa
- SECTION 17 - COMPANY SHARE ANALYSIS
- 17.1 Global Automotive Aftermarket Market, Company Share Analysis
- 17.2 North America Automotive Aftermarket Market, Company Share Analysis
- 17.3 Europe Automotive Aftermarket Market, Company Share Analysis
- 17.4 Asia-Pacific Automotive Aftermarket Market, Company Share Analysis
- SECTION 18 - COMPANY PROFILES
- 18.1 3M Company
- 18.1.1 Company Snapshot
- 18.1.2 Financial Overview
- 18.1.3 Product Portfolio
- 18.1.4 Recent Developments
- 18.2 Continental AG
- 18.2.1 Company Snapshot
- 18.2.2 Financial Overview
- 18.2.3 Product Portfolio
- 18.2.4 Recent Developments
- 18.3 Cooper Tire & Rubber Company
- 18.3.1 Company Snapshot
- 18.3.2 Financial Overview
- 18.3.3 Product Portfolio
- 18.3.4 Recent Developments
- 18.4 Denso Corporation
- 18.4.1 Company Snapshot
- 18.4.2 Financial Overview
- 18.4.3 Product Portfolio
- 18.4.4 Recent Developments
- 18.5 Federal-Mogul Corporation
- 18.5.1 Company Snapshot
- 18.5.2 Financial Overview
- 18.5.3 Product Portfolio
- 18.5.4 Recent Developments
- 18.6 HELLA KGaA Hueck & Co.
- 18.6.1 Company Snapshot
- 18.6.2 Financial Overview
- 18.6.3 Product Portfolio
- 18.6.4 Recent Developments
- 18.7 Robert Bosch GmbH
- 18.7.1 Company Snapshot
- 18.7.2 Financial Overview
- 18.7.3 Product Portfolio
- 18.7.4 Recent Developments
- 18.8 Valeo Group
- 18.8.1 Company Snapshot
- 18.8.2 Financial Overview
- 18.8.3 Product Portfolio
- 18.8.4 Recent Developments
- 18.9 ZF Friedrichshafen AG
- 18.9.1 Company Snapshot
- 18.9.2 Financial Overview
- 18.9.3 Product Portfolio
- 18.9.4 Recent Developments
- 18.10 Magna International Inc.
- 18.10.1 Company Snapshot
- 18.10.2 Financial Overview
- 18.10.3 Product Portfolio
- 18.10.4 Recent Developments
- SECTION 19 - RELATED REPORTS
- SECTION 20 - DISCLAIMER
RESEARCH METHODOLOGY
RESEARCH AND DATA COLLECTION
- Research articles published on Technium
- Science and MDPI
- Research publications by government approved associations and societies
DATA PRE-PROCESSING
The term "data pre-processing" refers to the collection of procedures and methods used to clean, modify, and make ready for analysis the raw data gathered during research and data collection. The completion of this phase is necessary to guarantee that the data are reliable, consistent, and appropriate for statistical analysis and other data-driven tasks. The data pre-processing ensures that the information gathered from research and data collection is comparable and expressed in standard units, by the integration of missing data pointers and algorithmic approaches.
MODELING AND FORECASTING
QUALITY ASSURANCE AND OUTPUT
Quality assurance and output involves the process of validation, adjustments, further publications of key market indicators. Extensive plausibility and consistency tests are performed on derived time series to ensure the high degree of quality of our market analysis. This quality assurance procedure also includes rigorous inspection, validation, and editing by an experienced management team to assure the dependability of the published data.