ASEAN Automotive Aftermarket, By Category Type (Accessories( Interior and Exterior), Parts (Lubricants , Tires, Batteries , Wear & Tear Parts , Filters , Collision Body , Starters & Alternators, Lighting Exhaust Components and Spark Plugs and Services(Ge

ASEAN Automotive Aftermarket, By Category Type (Accessories( Interior and Exterior), Parts (Lubricants , Tires, Batteries , Wear & Tear Parts , Filters , Collision Body , Starters & Alternators, Lighting Exhaust Components and Spark Plugs and Services(General Automotive Repairs and Automotive Transmission Repairs)) , By Vehicle Type (Passenger Car and Commercial Vehicles), and by Country Malaysia, Indonesia, Philippines, Vietnam, Singapore, Thailand and Rest of ASEAN) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

The automotive aftermarket is the automotive industry market which includes equipment, replacement tires, service repair, collision, repair and accessories, etc. Companies operated in automotive aftermarket are manufacturing, remanufacturing, retailing, distribution, and installation of replacement vehicle parts, automotive accessories, service repair, and equipment. The automotive aftermarket deals with oil and lubricants, batteries, tires, filters, starters and alternators, coatings and paint consumables, exhaust components, spark plugs, crash parts, etc. There are interior and exterior accessories including audio/video devices, steering wheels, parking brake handles, shift boots, grills, headlight covers, front & rear guards, mirrors, etc. Consumers can repair their vehicles on their own with the DIY segments or can take the vehicle to professional repair facilities.

Market Dynamics

Increase in the average age of a vehicle is expected to boost growth of the ASEAN automotive aftermarket during the forecast period. Material and technology used for automotive manufacturing has improved from the past which increases the average age of vehicles. According to Coherent Market Insights’ analysis, in 2016, the number of vehicle on road with age between 5-8 years were around 6 million in Thailand. According to the same source, the number of vehicles with over 12 years of age is expected to increase by 15% over the next five years globally. Moreover, reliability of vehicles has improved substantially over the past decade. Consumers are not selling their vehicle instead of keeping old cars as second preferable vehicle. As a result of this, vehicle age is increasing and which in turn, increases the demand for replacement parts, repair, and maintenance. Thus, these factors are expected to drive the market growth over the forecast period.

Moreover, growing disposable income and rise in the vehicle part is also expected to drive growth of the ASEAN automotive aftermarket during the forecast period. Disposable income in ASEA has increased significantly and increases consumers expenditure on automotive parts is driving the growth of market due to increase n automotive sales. According to Organization Internationale des Constructeurs d’Automobiles (OICA), the sales of passenger cars in Singapore increased from 17,197 units in 2012 to 43,423 units in 2016 while that in Philippines the sales rose from 21,860 units in 2012 to 62,560 units in 2016. Therefore, these factors are expected to drive the market growth in the near future.

Market Taxonomy

This report segments the ASEAN automotive aftermarket on the basis of by category type, by vehicle type, and country. On the basis of category type, the ASEAN automotive aftermarket is segmented into accessories( interior and exterior),parts (lubricants ,tires, batteries ,wear & tear parts ,filters ,collision body ,starters & alternators, lighting exhaust components and spark plugs and services(general automotive repairs and automotive transmission repairs). On the basis of vehicle type, ASEAN automotive aftermarket is segmented into passenger car and commercial vehicles. On the basis of country, ASEAN automotive aftermarket is segmented into Malaysia, Indonesia, Philippines, Vietnam, Singapore, Thailand and Rest of ASEAN.

Key features of the study:

This report provides an in-depth analysis of the ASEAN automotive aftermarket and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2019-2027), considering 2018 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players

It profiles leading players in the ASEAN automotive aftermarket based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans

Key companies covered in the ASEAN automotive aftermarket include Bridgestone Corporation, ACDelco, Denso Corporation, Aisin Seiki Co., Ltd., Hella KGaA Hueck & Co., BorgWarner Inc., Robert Bosch GmbH, Continental AG, Magneti Marelli SpA, Delphi Automotive PLC, and Faurecia SA.

These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics

The ASEAN automotive aftermarket report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the ASEAN automotive aftermarket.

Detailed Segmentation:

ASEAN Automotive Aftermarket, By Category Type

Accessories

Interior

Exterior

Parts

Lubricants

Tires

Batteries

Wear & Tear Parts

Filters

Collision Body

Starters & Alternators

Lighting

Exhaust Components

Spark Plugs

Services

General Automotive Repairs

Automotive Transmission Repairs

ASEAN Automotive Aftermarket , By Vehicle Type

Passenger Cars

Commercial Vehicles

ASEAN Automotive Aftermarket, By Region

Malaysia

Indonesia

Philippines

Vietnam

Singapore

Thailand

Rest of ASEAN

Company Profiles

Bridgestone Corporation *

Company Overview

Product Portfolio

Financial Performance

Key Strategies

Recent Developments

Future Plans

ACDelco, Denso Corporation,

Aisin Seiki Co., Ltd.,

Hella KGaA Hueck & Co.,

BorgWarner Inc.,

Robert Bosch GmbH,

Continental AG,

Magneti Marelli SpA,

Delphi Automotive PLC,

Faurecia SA.

*Browse all the market data tables and figures on “ASEAN Automotive Aftermarket- Forecast to 2027”


Table of Contents
Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Category Type
Market Snippet, By Vehicle Type
Market Snippet, By Country
Coherent Opportunity Map (COM)
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New system Launch/Approvals
ASEAN Automotive Aftermarket, By Category Type, 2017-2027 (US$ Million )
Introduction
Market Share Analysis, 2017 and 2027 (%)
Segment Trends
Accessories
Introduction
Market Size and Forecast, 2019–2027, (US$ Million)
Interior
Exterior
Parts
Introduction
Market Size and Forecast, 2019–2027, (US$ Million)
Lubricants
Tires
Batteries
Wear & Tear Parts
Filters
Collision Body
Starters & Alternators
Lighting
Exhaust Components
Spark Plugs
Services
Introduction
Market Size and Forecast, 2019–2027, (US$ Million)
General Automotive Repairs
Automotive Transmission Repairs
Global Cognitive Computing Market, By Vehicle Type, 2017-2027 (US$ Million )
Introduction
Market Share Analysis, 2017 and 2027 (%)
Segment Trends
Passenger Car
Introduction
Market Size and Forecast, 2019–2027, (US$ Million)
Commercial Vehicles
Introduction
Market Size and Forecast, 2019–2027, (US$ Million)
Global Cognitive Computing Market, By Country, 2017-2027 (US$ Million)
Introduction
Market Share Analysis, By country, 2017 and 2027 (%)
Malaysia
Regional Trends
Market Size and Forecast, By Category Type, 2019–2027 (US$ Million)
Market Size and Forecast, By Vehicle Type, 2019–2027 (US$ Million)
Indonesia
Regional Trends
Market Size and Forecast, By Category Type, 2019–2027 (US$ Million)
Market Size and Forecast, By Vehicle Type, 2019–2027 (US$ Million)
Philippines
Regional Trends
Market Size and Forecast, By Category Type, 2019–2027 (US$ Million)
Market Size and Forecast, By Vehicle Type, 2019–2027 (US$ Million)
Vietnam
Regional Trends
Market Size and Forecast, By Category Type, 2019–2027 (US$ Million)
Market Size and Forecast, By Vehicle Type, 2019–2027 (US$ Million)
Singapore
Regional Trends
Market Size and Forecast, By Category Type, 2019–2027 (US$ Million)
Market Size and Forecast, By Vehicle Type, 2019–2027 (US$ Million)
Thailand
Regional Trends
Market Size and Forecast, By Category Type, 2019–2027 (US$ Million)
Market Size and Forecast, By Vehicle Type, 2019–2027 (US$ Million)
Rest of ASEAN
Regional Trends
Market Size and Forecast, By Category Type, 2019–2027 (US$ Million)
Market Size and Forecast, By Vehicle Type, 2019–2027 (US$ Million)
Competitive Landscape
Company Profiles
Bridgestone Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
ACDelco, Denso Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Aisin Seiki Co., Ltd.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Hella KGaA Hueck & Co.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
BorgWarner Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Robert Bosch GmbH
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Continental AG
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Magneti Marelli SpA
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Delphi Automotive PLC
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Faurecia SA
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Section
References
Research Methodology
About us and Sales Contact
*Browse market data tables and figures on “ASEAN Automotive Aftermarket-forecast to 2027”

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