The automotive aftermarket size revenue was valued at $899.9 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% over the forecast period. The automotive aftermarket report provides an executive-level overview of the current automotive aftermarket worldwide, with detailed forecasts of key indicators up to 2028.
This market intelligence report offers a thorough, forward-looking analysis of the global automotive aftermarket by component (both in volume and value terms), product family, channel, region, and key drivers in a concise format to help executives build proactive and profitable growth strategies.
The market growth is expected to be fueled by the shift to electric vehicles (EVs), the widespread adoption of advanced driver-assistance systems (ADAS) in vehicles, increasing e-commerce activity, and the popularity of shared mobility services. Additionally, regulatory requirements aimed at enhancing safety and environmental standards are escalating demand for products within the auto aftermarket sector.
Scope
This report provides overview and service addressable market for automotive aftermarket.
It identifies the key trends impacting growth of the automotive aftermarket over the next 12 to 24 months.
It includes global market forecasts for the automotive aftermarket and analysis of M&A deals, VF/PE deals, patents, and hiring trends.
It contains details of M&A deals in the automotive aftermarket and challenges impacting the automotive aftermarket.
The report covers competitive profiling of key companies in the market to provide a deeper understanding of industry competition.
Reasons to Buy
- This market intelligence report offers a thorough, forward-looking analysis of the global automotive aftermarket by component (both in volume and value terms), product family, channel, region, and key drivers in a concise format to help executives build proactive and profitable growth strategies.
- Accompanying GlobalData's forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in the automotive aftermarket.
- The report also covers key market volume data of key components (in million units) within the automotive aftermarket.
- With more than 100 charts and tables, the report is designed for an executive-level audience, enhancing presentation quality.
- The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from key companies, which enables executives to quickly get up to speed with the current and emerging trends in automotive aftermarket.
- The broad perspective of the report coupled with comprehensive, actionable detail will help automotive OEMs, contract manufacturers, tier-1 suppliers, and other intermediaries succeed in growing the automotive aftermarket globally.
Table of Contents
Table of Contents
Chapter 1 Executive Summary
Chapter 2 Research Scope & Segmentation
- 2.1. Research Scope & Segmentation
- 2.2. Market Definitions
Chapter 3 Market Overview & Industry Analysis
- 3.1. Automotive Aftermarket - Market Overview
- 3.2. Automotive Aftermarket - Value Chain
- 3.2.1. Raw Materials: Overview
- 3.2.2. Raw Materials: Challenges
- 3.2.3. Parts Manufacture: Overview
- 3.2.4. Parts Manufacture: Challenges
- 3.2.5. Distribution/Wholesale: Overview
- 3.2.6. Distribution/Wholesale: Challenges
- 3.2.7. Retail: Overview
- 3.2.8. Retail: Challenges
- 3.2.9. End User: Overview
- 3.2.10. End User: Challenges
Chapter 4 Automotive Aftermarket - Industry Trend Analysis
- 4.1. Automotive Aftermarket - Market Drivers
- 4.2. Automotive Aftermarket - Market Challenges
Chapter 5 Automotive Aftermarket - Dashboard Analytics
- 5.1. M&A Analysis
- 5.2. Venture Financing/Private Equity Analysis
- 5.3. Patent Activity Analysis
- 5.4. Job Analytics
Chapter 6 Automotive Aftermarket - Revenue Opportunity & Forecast
- 6.1. Automotive Aftermarket - Revenue Opportunity Forecast, 2019-28 ($B)
- 6.2. Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 6.3. Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 6.4. Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 6.5. Automotive Aftermarket - By Channel, 2019-28 ($B)
- 6.6. Automotive Aftermarket - By Region, 2019-28 ($B)
Chapter 7 Automotive Aftermarket - Regional Outlook ($Million)
- 7.1. North America Automotive Aftermarket Market Snapshot
- 7.1.1. North America Automotive Aftermarket By Country, 2019-28 ($Million)
- 7.1.2. North America Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.1.3. North America Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.1.4. North America Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.1.5. North America Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.1.6. US
- 7.1.6.1. US Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.1.6.2. US Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.1.6.3. US Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.1.6.4. US Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.1.7. Canada
- 7.1.7.1. Canada Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.1.7.2. Canada Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.1.7.3. Canada Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.1.7.4. Canada Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.1.8. Mexico
- 7.1.8.1. Mexico Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.1.8.2. Mexico Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.1.8.3. Mexico Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.1.8.4. Mexico Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.2. Asia-Pacific Automotive Aftermarket Market Snapshot
- 7.2.1. Asia-Pacific Automotive Aftermarket By Country, 2019-28 ($Million)
- 7.2.2. Asia-Pacific Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.2.3. Asia-Pacific Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.2.4. Asia-Pacific Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.2.5. Asia-Pacific Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.2.6. China
- 7.2.6.1. China Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.2.6.2. China Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.2.6.3. China Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.2.6.4. China Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.2.7. Japan
- 7.2.7.1. Japan Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.2.7.2. Japan Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.2.7.3. Japan Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.2.7.4. Japan Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.2.8. India
- 7.2.8.1. India Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.2.8.2. India Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.2.8.3. India Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.2.8.4. India Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.2.9. South Korea
- 7.2.9.1. South Korea Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.2.9.2. South Korea Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.2.9.3. South Korea Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.2.9.4. South Korea Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.2.10. Indonesia
- 7.2.10.1. Indonesia Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.2.10.2. Indonesia Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.2.10.3. Indonesia Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.2.10.4. Indonesia Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.2.11. Rest of Asia-Pacific
- 7.2.11.1. Rest of Asia-Pacific Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.2.11.2. Rest of Asia-Pacific Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.2.11.3. Rest of Asia-Pacific Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.2.11.4. Rest of Asia-Pacific Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.3. Western Europe Automotive Aftermarket Market Snapshot
- 7.3.1. Western Europe Automotive Aftermarket By Country, 2019-28 ($Million)
- 7.3.2. Western Europe Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.3.3. Western Europe Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.3.4. Western Europe Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.3.5. Western Europe Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.3.6. Germany
- 7.3.6.1. Germany Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.3.6.2. Germany Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.3.6.3. Germany Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.3.6.4. Germany Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.3.7. France
- 7.3.7.1. France Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.3.7.2. France Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.3.7.3. France Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.3.7.4. France Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.3.8. UK
- 7.3.8.1. UK Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.3.8.2. UK Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.3.8.3. UK Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.3.8.4. UK Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.3.9. Italy
- 7.3.9.1. Italy Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.3.9.2. Italy Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.3.9.3. Italy Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.3.9.4. Italy Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.3.10. Spain
- 7.3.10.1. Spain Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.3.10.2. Spain Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.3.10.3. Spain Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.3.10.4. Spain Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.3.11. Rest of Western Europe
- 7.3.11.1. Rest of Western Europe Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.3.11.2. Rest of Western Europe Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.3.11.3. Rest of Western Europe Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.3.11.4. Rest of Western Europe Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.4. Eastern Europe Automotive Aftermarket Market Snapshot
- 7.4.1. Eastern Europe Automotive Aftermarket By Country, 2019-28 ($Million)
- 7.4.2. Eastern Europe Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.4.3. Eastern Europe Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.4.4. Eastern Europe Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.4.5. Eastern Europe Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.4.6. Russia
- 7.4.6.1. Russia Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.4.6.2. Russia Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.4.6.3. Russia Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.4.6.4. Russia Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.4.7. Poland
- 7.4.7.1. Poland Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.4.7.2. Poland Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.4.7.3. Poland Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.4.7.4. Poland Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.4.8. Greece
- 7.4.8.1. Greece Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.4.8.2. Greece Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.4.8.3. Greece Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.4.8.4. Greece Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.4.9. Czech Republic
- 7.4.9.1. Czech Republic Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.4.9.2. Czech Republic Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.4.9.3. Czech Republic Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.4.9.4. Czech Republic Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.4.10. Turkey
- 7.4.10.1. Turkey Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.4.10.2. Turkey Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.4.10.3. Turkey Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.4.10.4. Turkey Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.4.11. Rest of Eastern Europe
- 7.4.11.1. Rest of Eastern Europe Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.4.11.2. Rest of Eastern Europe Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.4.11.3. Rest of Eastern Europe Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.4.11.4. Rest of Eastern Europe Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.5. Rest of World Automotive Aftermarket
- 7.5.1. Argentina
- 7.5.1.1. Argentina Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.5.1.2. Argentina Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.5.1.3. Argentina Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.5.1.4. Argentina Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.5.2.2. Brazil Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.5.2.3. Brazil Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.5.2.4. Brazil Automotive Aftermarket - By Channel, 2019-28 ($B)
- 7.5.3. South Africa
- 7.5.3.1. South Africa Automotive Aftermarket - By Component (volume), 2019-28 (Million Units)
- 7.5.3.2. South Africa Automotive Aftermarket - By Component (value), 2019-28 ($B)
- 7.5.3.3. South Africa Automotive Aftermarket - By Product Family, 2019-28 ($B)
- 7.5.3.4. South Africa Automotive Aftermarket - By Channel, 2019-28 ($B)
Chapter 8 Automotive Aftermarket - Competitive Landscape
- 8.1. Automotive Aftermarket - Vendor Competitive Landscape
- 8.2. Automotive Aftermarket: Latest M&A Deals
- 8.3. Automotive Aftermarket: Top Private Equity & Venture Financing Deals
- 8.4. Automotive Aftermarket: Latest Developments
Chapter 9 Automotive Aftermarket - Company Profiles
- 9.1. AGC Inc.
- 9.1.1. AGC Inc. - Overview
- 9.1.2. AGC Inc. - Management
- 9.1.3. AGC Inc. - Key Facts
- 9.1.4. AGC Inc. - Products/Services Related to Automotive Aftermarket
- 9.1.5. AGC Inc. - SWOT Analysis
- 9.2. Aisin Corp.
- 9.2.1. Aisin Corp. - Overview
- 9.2.2. Aisin Corp. - Management
- 9.2.3. Aisin Corp. - Key Facts
- 9.2.4. Aisin Corp. - Products/Services Related to Automotive Aftermarket
- 9.2.5. Aisin Corp. - SWOT Analysis
- 9.3. BorgWarner Inc.
- 9.3.1. BorgWarner Inc. - Overview
- 9.3.2. BorgWarner Inc. - Management
- 9.3.3. BorgWarner Inc. - Key Facts
- 9.3.4. BorgWarner Inc. - Products/Services Related to Automotive Aftermarket
- 9.3.5. AG BorgWarner C Inc. - SWOT Analysis
- 9.4. Bridgestone Corp.
- 9.4.1. Bridgestone Corp. - Overview
- 9.4.2. Bridgestone Corp. - Management
- 9.4.3. Bridgestone Corp. - Key Facts
- 9.4.4. Bridgestone Corp. - Products/Services Related to Automotive Aftermarket
- 9.4.5. Bridgestone Corp. - SWOT Analysis
- 9.5. Corning Inc.
- 9.5.1. Corning Inc. - Overview
- 9.5.2. Corning Inc. - Management
- 9.5.3. Corning Inc. - Key Facts
- 9.5.4. Corning Inc. - Products/Services Related to Automotive Aftermarket
- 9.5.5. Corning Inc. - SWOT Analysis
- 9.6. Denso Corp.
- 9.6.1. Denso Corp. - Overview
- 9.6.2. Denso Corp. - Management
- 9.6.3. Denso Corp. - Key Facts
- 9.6.4. Denso Corp. - Products/Services Related to Automotive Aftermarket
- 9.6.5. Denso Corp. - SWOT Analysis
- 9.7. Shell plc
- 9.7.1. Shell plc - Overview
- 9.7.2. Shell plc - Management
- 9.7.3. Shell plc - Key Facts
- 9.7.4. Shell plc - Products/Services Related to Automotive Aftermarket
- 9.7.5. Shell plc - SWOT Analysis
- 9.8. Forvia SE
- 9.8.1. Forvia SE - Overview
- 9.8.2. Forvia SE - Management
- 9.8.3. Forvia SE - Key Facts
- 9.8.4. Forvia SE - Products/Services Related to Automotive Aftermarket
- 9.8.5. Forvia SE - SWOT Analysis
- 9.9. Valeo SA
- 9.9.1. Valeo SA - Overview
- 9.9.2. Valeo SA - Management
- 9.9.3. Valeo SA - Key Facts
- 9.9.4. Valeo SA - Products/Services Related to Automotive Aftermarket
- 9.9.5. Valeo SA - SWOT Analysis
- 9.10. Compagnie Generale des Etablissements Michelin
- 9.10.1. Compagnie Generale des Etablissements Michelin - Overview
- 9.10.2. Compagnie Generale des Etablissements Michelin - Management
- 9.10.3. Compagnie Generale des Etablissements Michelin - Key Facts
- 9.10.4. Compagnie Generale des Etablissements Michelin - Products/Services Related to Automotive Aftermarket
- 9.10.5. Compagnie Generale des Etablissements Michelin - SWOT Analysis
Chapter 10 Research Methodology
- 10.1. Research Methodology Steps
- 10.2. Market Study
- 10.3. Research
- 10.4. Analysis
- 10.5. Quality Control
Chapter 11 About GlobalData