Automotive Aftermarket Market size was valued at US$ 603.3 Bn. in 2022 and the total revenue is expected to grow at 6.2 % through 2023 to 2029, Automotive Aftermarket Market is reaching nearly US$ 919.33 Bn. by 2029.
Automotive Aftermarket Market Overview
MMR published a Automotive Aftermarket Market report, providing valuable insights into the global Automotive Aftermarket industry to help clients understand future product demand. The report synopsis offers in-depth details about market size, growth factors, statistics, leading players, and a comprehensive regional and national market scenario.
Automotive Aftermarket Market Report Scope and Research Methodology
The Automotive Aftermarket market report provides comprehensive insights into sales, revenue, product types, applications, and leading players. It utilizes primary and secondary research, segmentation, and various forecasting approaches. SVOR analysis estimates new opportunities, strengths, and risks, while PESTEL analysis examines micro and macroeconomic factors. PORTER’s 5 forces analyse key players and market competition.
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Automotive Aftermarket Market Regional Insights
The report offers a comparative explanation of factors such as market size, Automotive Aftermarket growth rate, and import-export across listed regions: North America, Europe, Asia Pacific, South America, the Middle East, and Africa.
Automotive Aftermarket Market Segmentation
Based on Distribution channel, the market is sub-segmented into Retailers and Wholesalers. In 2022, the retail segment dominated the market with a 57.2 % share. By 2029, the retail segment is expected to dominate the industry in terms of size, the wholesale and distribution category is expected to develop at a moderately fast rate in terms of revenue. Automotive aftermarket economies are critical components of the overall automotive manufacturing and maintenance scheme, as automotive components must be changed on a timely basis in order to preserve the vehicle's overall performance.
by Vehicle Replacement Part
Tire
Battery
Brake Parts
Filters
Others
by Distribution channel
Retailers
Wholesalers
by Service
DIY
DIFM
OE
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Automotive Aftermarket Market Key Players
1.Continental AG
2.3M Company
3.Akebone Brake Corporation
4.Delphi
5.Federal-Mogul
6.Denso
7.Magneti Marelli
8.Robert Bosch
9.ACDElco
10.ASIMCO Technologies ltd
11.Cooper Tire & Rubber Company
12.HELLA KGaA Hueck & Co.
13.Robert Bosch GmbH
14.Valeo Group
15.ZF Friedrichshafen AG
16.Robert Bosch GmbH
17.Magna International Inc.
18.Aisin Seiki Co.
19.Hyundai Mobis
20.Lear Corp.
21.Faurecia
Key questions answered in Automotive Aftermarket Market are:
Key Offerings:
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