Aftermarket Automotive Parts Market Forecasts to 2032 – Global Analysis By Component Type (Engine Components, Exhaust Components, Braking Systems, Suspension & Steering, Transmission Parts, and Electrical Systems), Vehicle Type, Certification Type, Distri
Description
According to Stratistics MRC, the Global Aftermarket Automotive Parts Market is accounted for $486.7 billion in 2025 and is expected to reach $631.9 billion by 2032 growing at a CAGR of 3.8% during the forecast period. Aftermarket Automotive Parts are non-OEM components sold for vehicle replacement, repair, or customization post-purchase. They range from basic items like brake pads to advanced performance upgrades, offering cost-effective and flexible alternatives to original parts. This sector empowers vehicle owners with choices that extend vehicle life, enhance performance, and enable personalization. Widely used for maintenance and style modifications, aftermarket parts support a dynamic automotive ecosystem focused on affordability, accessibility, and individual expression across diverse vehicle types and consumer needs.
According to Markets and Markets, the aftermarket auto parts sector is expanding due to rising vehicle age, DIY culture, and e-commerce platforms offering competitive pricing and wide selection.
Market Dynamics:
Driver:
Aging vehicles increasing parts replacement
Aging vehicles increasing parts replacement is a primary driver accelerating market growth globally. As the average vehicle lifespan extends beyond 12 years in many regions, demand for replacement components such as filters, batteries, and brake systems continues to surge. Spurred by economic constraints and consumer inclination toward vehicle maintenance over replacement, the aftermarket sector thrives. Furthermore, the growth of independent service centers and do-it-yourself (DIY) repairs reinforces consistent aftermarket consumption across both developed and emerging economies.
Restraint:
Counterfeit products harming market trust
Counterfeit products harming market trust remain a critical restraint, posing quality and safety risks to consumers. The influx of low-cost, non-genuine components undermines brand credibility and impacts legitimate manufacturers’ revenue. This challenge is especially prevalent in developing regions with unregulated supply chains. Consequently, leading players are investing in authentication technologies such as QR-based verification and blockchain traceability to ensure product transparency and protect consumers from counterfeit part infiltration.
Opportunity:
E-commerce growth in parts distribution
E-commerce growth in parts distribution presents significant opportunities for aftermarket expansion. Online platforms have revolutionized accessibility, enabling consumers and workshops to source components directly with transparent pricing. Digital marketplaces also facilitate wider product comparisons, enhancing competition and innovation. Additionally, partnerships between OEMs and online retailers are improving logistics efficiency and ensuring timely delivery, which collectively contribute to a more resilient and consumer-centric aftermarket ecosystem.
Threat:
Supply chain disruptions and delays
Supply chain disruptions and delays continue to threaten operational stability across global markets. Semiconductor shortages, shipping delays, and geopolitical tensions have constrained parts availability and inflated logistics costs. These factors disrupt inventory management for both distributors and retailers, impacting end-user satisfaction. To mitigate this, companies are localizing sourcing strategies and adopting predictive supply chain technologies to enhance resilience and reduce dependency on vulnerable international networks.
Covid-19 Impact:
The COVID-19 pandemic had a mixed impact on the aftermarket automotive parts industry. While initial lockdowns led to decreased vehicle usage and repair demand, the subsequent surge in used car sales revitalized aftermarket activity. Consumers prioritized vehicle maintenance over replacement amid economic uncertainty, driving growth in essential components. Additionally, the crisis accelerated the digital shift, pushing consumers toward online purchasing platforms and remote diagnostics solutions, thereby transforming traditional aftermarket sales channels.
The engine components segment is expected to be the largest during the forecast period
The engine components segment is expected to account for the largest market share during the forecast period, resulting from the continuous need for regular engine maintenance and performance optimization. These components experience high wear and tear, necessitating periodic replacement. Increasing adoption of fuel-efficient technologies and stringent emission norms further sustain this segment’s dominance. Moreover, consumer preference for preventive maintenance and OEM-recommended servicing strengthens the growth outlook of the engine parts category.
The passenger cars segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the passenger cars segment is predicted to witness the highest growth rate, propelled by rising global car ownership and longer vehicle retention periods. Expanding middle-class populations and urban mobility trends in emerging economies fuel continuous aftermarket demand. Additionally, the popularity of certified pre-owned vehicles and maintenance-focused subscription services enhances the segment’s profitability. The growing integration of digital diagnostics also supports efficient servicing and timely part replacement in passenger vehicles.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share, attributed to its vast automotive fleet, rapid industrialization, and expanding consumer base. Countries like China, India, and Japan are major contributors due to their robust manufacturing capabilities and cost-effective labor. Increasing adoption of e-commerce channels for automotive parts and the presence of major component suppliers further bolster the region’s aftermarket leadership.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR associated with technological advancements in diagnostics and aftermarket digitization. The U.S. leads with a mature vehicle population and strong DIY maintenance culture. Increasing consumer awareness regarding quality assurance and the presence of major online part distributors enhance growth prospects. Moreover, expanding EV and hybrid fleets are expected to create new avenues in advanced component replacement demand.
Key players in the market
Some of the key players in Aftermarket Automotive Parts Market include Bosch, Denso Corporation, Magna International, ZF Friedrichshafen AG, Continental AG, Aisin Seiki, Valeo, Tenneco Inc., Faurecia, BorgWarner, Cooper Standard, Adient, Lear Corporation, Meritor Inc., Delphi Technologies, SKF, and Federal-Mogul.
Key Developments:
In September 2025, ZF Friedrichshafen AG launched its new, fully digitalized ""ReAX"" platform for the independent aftermarket, providing garages with cloud-based diagnostics and one-click ordering for its comprehensive range of steering and chassis parts, simplifying the repair process.
In August 2025, Continental AG announced a major expansion of its ""ContiConnect"" tire monitoring ecosystem to the aftermarket, offering fleets and independent shops real-time tire pressure and temperature data to improve safety and reduce operational costs.
In July 2025, Denso Corporation introduced its new ""Denso DX Plug-in Hybrid Maintenance Kit,"" a first-to-market bundle of specific filters, fluids, and spark plugs designed for the surge in PHEV vehicles requiring specialized servicing.
Component Types Covered:
• Engine Components
• Exhaust Components
• Braking Systems
• Suspension & Steering
• Transmission Parts
• Electrical Systems
Vehicle Types Covered:
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Two-Wheelers
Certification Types Covered:
• Genuine Parts
• Certified Parts
• Counterfeit Parts
Distribution Channels Covered:
• Offline Retail
• Online Stores
• Authorized Dealers
• Independent Workshops
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
According to Markets and Markets, the aftermarket auto parts sector is expanding due to rising vehicle age, DIY culture, and e-commerce platforms offering competitive pricing and wide selection.
Market Dynamics:
Driver:
Aging vehicles increasing parts replacement
Aging vehicles increasing parts replacement is a primary driver accelerating market growth globally. As the average vehicle lifespan extends beyond 12 years in many regions, demand for replacement components such as filters, batteries, and brake systems continues to surge. Spurred by economic constraints and consumer inclination toward vehicle maintenance over replacement, the aftermarket sector thrives. Furthermore, the growth of independent service centers and do-it-yourself (DIY) repairs reinforces consistent aftermarket consumption across both developed and emerging economies.
Restraint:
Counterfeit products harming market trust
Counterfeit products harming market trust remain a critical restraint, posing quality and safety risks to consumers. The influx of low-cost, non-genuine components undermines brand credibility and impacts legitimate manufacturers’ revenue. This challenge is especially prevalent in developing regions with unregulated supply chains. Consequently, leading players are investing in authentication technologies such as QR-based verification and blockchain traceability to ensure product transparency and protect consumers from counterfeit part infiltration.
Opportunity:
E-commerce growth in parts distribution
E-commerce growth in parts distribution presents significant opportunities for aftermarket expansion. Online platforms have revolutionized accessibility, enabling consumers and workshops to source components directly with transparent pricing. Digital marketplaces also facilitate wider product comparisons, enhancing competition and innovation. Additionally, partnerships between OEMs and online retailers are improving logistics efficiency and ensuring timely delivery, which collectively contribute to a more resilient and consumer-centric aftermarket ecosystem.
Threat:
Supply chain disruptions and delays
Supply chain disruptions and delays continue to threaten operational stability across global markets. Semiconductor shortages, shipping delays, and geopolitical tensions have constrained parts availability and inflated logistics costs. These factors disrupt inventory management for both distributors and retailers, impacting end-user satisfaction. To mitigate this, companies are localizing sourcing strategies and adopting predictive supply chain technologies to enhance resilience and reduce dependency on vulnerable international networks.
Covid-19 Impact:
The COVID-19 pandemic had a mixed impact on the aftermarket automotive parts industry. While initial lockdowns led to decreased vehicle usage and repair demand, the subsequent surge in used car sales revitalized aftermarket activity. Consumers prioritized vehicle maintenance over replacement amid economic uncertainty, driving growth in essential components. Additionally, the crisis accelerated the digital shift, pushing consumers toward online purchasing platforms and remote diagnostics solutions, thereby transforming traditional aftermarket sales channels.
The engine components segment is expected to be the largest during the forecast period
The engine components segment is expected to account for the largest market share during the forecast period, resulting from the continuous need for regular engine maintenance and performance optimization. These components experience high wear and tear, necessitating periodic replacement. Increasing adoption of fuel-efficient technologies and stringent emission norms further sustain this segment’s dominance. Moreover, consumer preference for preventive maintenance and OEM-recommended servicing strengthens the growth outlook of the engine parts category.
The passenger cars segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the passenger cars segment is predicted to witness the highest growth rate, propelled by rising global car ownership and longer vehicle retention periods. Expanding middle-class populations and urban mobility trends in emerging economies fuel continuous aftermarket demand. Additionally, the popularity of certified pre-owned vehicles and maintenance-focused subscription services enhances the segment’s profitability. The growing integration of digital diagnostics also supports efficient servicing and timely part replacement in passenger vehicles.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share, attributed to its vast automotive fleet, rapid industrialization, and expanding consumer base. Countries like China, India, and Japan are major contributors due to their robust manufacturing capabilities and cost-effective labor. Increasing adoption of e-commerce channels for automotive parts and the presence of major component suppliers further bolster the region’s aftermarket leadership.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR associated with technological advancements in diagnostics and aftermarket digitization. The U.S. leads with a mature vehicle population and strong DIY maintenance culture. Increasing consumer awareness regarding quality assurance and the presence of major online part distributors enhance growth prospects. Moreover, expanding EV and hybrid fleets are expected to create new avenues in advanced component replacement demand.
Key players in the market
Some of the key players in Aftermarket Automotive Parts Market include Bosch, Denso Corporation, Magna International, ZF Friedrichshafen AG, Continental AG, Aisin Seiki, Valeo, Tenneco Inc., Faurecia, BorgWarner, Cooper Standard, Adient, Lear Corporation, Meritor Inc., Delphi Technologies, SKF, and Federal-Mogul.
Key Developments:
In September 2025, ZF Friedrichshafen AG launched its new, fully digitalized ""ReAX"" platform for the independent aftermarket, providing garages with cloud-based diagnostics and one-click ordering for its comprehensive range of steering and chassis parts, simplifying the repair process.
In August 2025, Continental AG announced a major expansion of its ""ContiConnect"" tire monitoring ecosystem to the aftermarket, offering fleets and independent shops real-time tire pressure and temperature data to improve safety and reduce operational costs.
In July 2025, Denso Corporation introduced its new ""Denso DX Plug-in Hybrid Maintenance Kit,"" a first-to-market bundle of specific filters, fluids, and spark plugs designed for the surge in PHEV vehicles requiring specialized servicing.
Component Types Covered:
• Engine Components
• Exhaust Components
• Braking Systems
• Suspension & Steering
• Transmission Parts
• Electrical Systems
Vehicle Types Covered:
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Two-Wheelers
Certification Types Covered:
• Genuine Parts
• Certified Parts
• Counterfeit Parts
Distribution Channels Covered:
• Offline Retail
• Online Stores
• Authorized Dealers
• Independent Workshops
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Table of Contents
200 Pages
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Emerging Markets
- 3.7 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Aftermarket Automotive Parts Market, By Component Type
- 5.1 Introduction
- 5.2 Engine Components
- 5.3 Exhaust Components
- 5.4 Braking Systems
- 5.5 Suspension & Steering
- 5.6 Transmission Parts
- 5.7 Electrical Systems
- 6 Global Aftermarket Automotive Parts Market, By Vehicle Type
- 6.1 Introduction
- 6.2 Passenger Cars
- 6.3 Light Commercial Vehicles
- 6.4 Heavy Commercial Vehicles
- 6.5 Two-Wheelers
- 7 Global Aftermarket Automotive Parts Market, By Certification Type
- 7.1 Introduction
- 7.2 Genuine Parts
- 7.3 Certified Parts
- 7.4 Counterfeit Parts
- 8 Global Aftermarket Automotive Parts Market, By Distribution Channel
- 8.1 Introduction
- 8.2 Offline Retail
- 8.3 Online Stores
- 8.4 Authorized Dealers
- 8.5 Independent Workshops
- 9 Global Aftermarket Automotive Parts Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
- 9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 Italy
- 9.3.4 France
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 Japan
- 9.4.2 China
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 New Zealand
- 9.4.6 South Korea
- 9.4.7 Rest of Asia Pacific
- 9.5 South America
- 9.5.1 Argentina
- 9.5.2 Brazil
- 9.5.3 Chile
- 9.5.4 Rest of South America
- 9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 Qatar
- 9.6.4 South Africa
- 9.6.5 Rest of Middle East & Africa
- 10 Key Developments
- 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 10.2 Acquisitions & Mergers
- 10.3 New Product Launch
- 10.4 Expansions
- 10.5 Other Key Strategies
- 11 Company Profiling
- 11.1 Bosch
- 11.2 Denso Corporation
- 11.3 Magna International
- 11.4 ZF Friedrichshafen AG
- 11.5 Continental AG
- 11.6 Aisin Seiki
- 11.7 Valeo
- 11.8 Tenneco Inc.
- 11.9 Faurecia
- 11.10 BorgWarner
- 11.11 Cooper Standard
- 11.12 Adient
- 11.13 Lear Corporation
- 11.14 Meritor Inc.
- 11.15 Delphi Technologies
- 11.16 SKF
- 11.17 Federal-Mogul
- List of Tables
- Table 1 Global Aftermarket Automotive Parts Market Outlook, By Region (2024-2032) ($MN)
- Table 2 Global Aftermarket Automotive Parts Market Outlook, By Component Type (2024-2032) ($MN)
- Table 3 Global Aftermarket Automotive Parts Market Outlook, By Engine Components (2024-2032) ($MN)
- Table 4 Global Aftermarket Automotive Parts Market Outlook, By Exhaust Components (2024-2032) ($MN)
- Table 5 Global Aftermarket Automotive Parts Market Outlook, By Braking Systems (2024-2032) ($MN)
- Table 6 Global Aftermarket Automotive Parts Market Outlook, By Suspension & Steering (2024-2032) ($MN)
- Table 7 Global Aftermarket Automotive Parts Market Outlook, By Transmission Parts (2024-2032) ($MN)
- Table 8 Global Aftermarket Automotive Parts Market Outlook, By Electrical Systems (2024-2032) ($MN)
- Table 9 Global Aftermarket Automotive Parts Market Outlook, By Vehicle Type (2024-2032) ($MN)
- Table 10 Global Aftermarket Automotive Parts Market Outlook, By Passenger Cars (2024-2032) ($MN)
- Table 11 Global Aftermarket Automotive Parts Market Outlook, By Light Commercial Vehicles (2024-2032) ($MN)
- Table 12 Global Aftermarket Automotive Parts Market Outlook, By Heavy Commercial Vehicles (2024-2032) ($MN)
- Table 13 Global Aftermarket Automotive Parts Market Outlook, By Two-Wheelers (2024-2032) ($MN)
- Table 14 Global Aftermarket Automotive Parts Market Outlook, By Certification Type (2024-2032) ($MN)
- Table 15 Global Aftermarket Automotive Parts Market Outlook, By Genuine Parts (2024-2032) ($MN)
- Table 16 Global Aftermarket Automotive Parts Market Outlook, By Certified Parts (2024-2032) ($MN)
- Table 17 Global Aftermarket Automotive Parts Market Outlook, By Counterfeit Parts (2024-2032) ($MN)
- Table 18 Global Aftermarket Automotive Parts Market Outlook, By Distribution Channel (2024-2032) ($MN)
- Table 19 Global Aftermarket Automotive Parts Market Outlook, By Offline Retail (2024-2032) ($MN)
- Table 20 Global Aftermarket Automotive Parts Market Outlook, By Online Stores (2024-2032) ($MN)
- Table 21 Global Aftermarket Automotive Parts Market Outlook, By Authorized Dealers (2024-2032) ($MN)
- Table 22 Global Aftermarket Automotive Parts Market Outlook, By Independent Workshops (2024-2032) ($MN)
- Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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