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Automotive Aftermarket in South Korea

Automotive Aftermarket in South Korea

Summary

Automotive Aftermarket in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Essential resource for top-line data and analysis covering the South Korea automotive aftermarket market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

  • The Automotive Aftermarket sector includes the sale of automotive components for use on vehicles after first purchase.
  • The South Korean automotive aftermarket sector is expected to generate total revenues of $22.4bn in 2018, representing a compound annual growth rate (CAGR) of 5.3% between 2014 and 2018.
  • Sector consumption volume is forecast to increase with a CAGR of 6.7% between 2014 and 2018, to reach a total of 478.2 million units in 2018.
  • In 2016 the aftermarket sector experienced decline, following a period of strong double digit growth. This decline was partly due to a steep fall in exports, which has been attributed to a fall in demand from China, which accounts for around a quarter of South Korea’s exports.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the automotive aftermarket market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive aftermarket market in South Korea
  • Leading company profiles reveal details of key automotive aftermarket market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea automotive aftermarket market with five year forecasts by both value and volume
Reasons to buy
  • What was the size of the South Korea automotive aftermarket market by value in 2017?
  • What will be the size of the South Korea automotive aftermarket market in 2022?
  • What factors are affecting the strength of competition in the South Korea automotive aftermarket market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's automotive aftermarket market?


Executive Summary
Market value
Market value forecast
Market volume
Market volume forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market volume
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Market volume forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Hyundai Motor Company
Mando Corporation
Compagnie Generale des Etablissements Michelin
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: South Korea automotive aftermarket sector value: $ billion, 2014-18(e)
Table 2: South Korea automotive aftermarket sector volume: million units, 2014-18(e)
Table 3: South Korea automotive aftermarket sector category segmentation: $ billion, 2018(e)
Table 4: South Korea automotive aftermarket sector geography segmentation: $ billion, 2018(e)
Table 5: South Korea automotive aftermarket sector value forecast: $ billion, 2018-
Table 6: South Korea automotive aftermarket sector volume forecast: million units, 2018-
Table 7: Hyundai Motor Company: key facts
Table 8: Hyundai Motor Company: key financials ($)
Table 9: Hyundai Motor Company: key financials (KRW)
Table 10: Hyundai Motor Company: key financial ratios
Table 11: Mando Corporation: key facts
Table 12: Mando Corporation: key financials ($)
Table 13: Mando Corporation: key financials (KRW)
Table 14: Mando Corporation: key financial ratios
Table 15: Compagnie Generale des Etablissements Michelin: key facts
Table 16: Compagnie Generale des Etablissements Michelin: key financials ($)
Table 17: Compagnie Generale des Etablissements Michelin: key financials (€)
Table 18: Compagnie Generale des Etablissements Michelin: key financial ratios
Table 19: South Korea size of population (million), 2014-
Table 20: South Korea gdp (constant 2005 prices, $ billion), 2014-
Table 21: South Korea gdp (current prices, $ billion), 2014-
Table 22: South Korea inflation, 2014-
Table 23: South Korea consumer price index (absolute), 2014-
Table 24: South Korea exchange rate, 2013-
List of Figures
Figure 1: South Korea automotive aftermarket sector value: $ billion, 2014-18(e)
Figure 2: South Korea automotive aftermarket sector volume: million units, 2014-18(e)
Figure 3: South Korea automotive aftermarket sector category segmentation: % share, by value, 2018(e)
Figure 4: South Korea automotive aftermarket sector geography segmentation: % share, by value, 2018(e)
Figure 5: South Korea automotive aftermarket sector value forecast: $ billion, 2018-
Figure 6: South Korea automotive aftermarket sector volume forecast: million units, 2018-
Figure 7: Forces driving competition in the automotive aftermarket sector in South Korea,
Figure 8: Drivers of buyer power in the automotive aftermarket sector in South Korea,
Figure 9: Drivers of supplier power in the automotive aftermarket sector in South Korea,
Figure 10: Factors influencing the likelihood of new entrants in the automotive aftermarket sector in South Korea,
Figure 11: Factors influencing the threat of substitutes in the automotive aftermarket sector in South Korea,
Figure 12: Drivers of degree of rivalry in the automotive aftermarket sector in South Korea,
Figure 13: Hyundai Motor Company: revenues & profitability
Figure 14: Hyundai Motor Company: assets & liabilities
Figure 15: Mando Corporation: revenues & profitability
Figure 16: Mando Corporation: assets & liabilities
Figure 17: Compagnie Generale des Etablissements Michelin: revenues & profitability
Figure 18: Compagnie Generale des Etablissements Michelin: assets & liabilities

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