Automotive Aftermarket - Global Market Outlook (2019-2027)

Automotive Aftermarket - Global Market Outlook (2019-2027)

According to Stratistics MRC, the Global Automotive Aftermarket Market is accounted for $400.65 billion in 2019 and is expected to reach $638.58 billion by 2027 growing at a CAGR of 6.0% during the forecast period. Technological advancements and standardizing architecture, increasing use of light vehicles, and advanced technology usage in auto parts fabrication are the major factors driving the growth of the market. However, counterfeiting of auto components and growing demand for electric vehicles are hampering the growth of the market.

The automotive aftermarket is the secondary market of the automotive industry. It is one of the vigorous, highly complex, and competitive markets that are generally concerned with retailing, manufacturing, remanufacturing, and distribution. Besides, the after-sales sector includes accessories, installation of all vehicle parts, equipment and chemicals after selling the products by the original equipment manufacturers (OEMs) to the buyers. The automotive aftermarket is a diverse market that majorly deals with maintenance, repair, and post-sale services. Automotive aftermarket comprises the process of replacement of the part damaged due to accident or crash. There is a wide range of parts of different quality and prices for numerous different vehicle models. With the need for new and advanced vehicles, the demand for the automotive parts is growing.

Based on the vehicle type, the passenger cars segment is going to have a lucrative growth during the forecast period owing to the increasing demand for passenger cars. The automotive aftermarket plays a significant role in the passenger cars manufacturing and maintenance scheme as the passenger cars components need to be replaced on time to maintain the overall performance of the vehicle.

By geography, Europe is going to have a lucrative growth during the forecast period due to the high adoption rate of advanced technologies in the fabrication of auto parts. This, coupled with the increasing digitization of components sales, will ensure Europe retains its runner-up position in this market shortly.

Some of the key players profiled in the Automotive Aftermarket Market include 3M, Bridgestone Corporation, Continental AG, Cooper Tire & Rubber Company, Delphi Automotive PLC, Denso Corporation, Federal-Mogul Corporation, Hyundai Mobis Co., Ltd, Magna International, Inc, Magneti Marelli S.p.A, Robert Bosch GmbH, Shandong Zhengnuo Group Co., Ltd, The Goodyear Tire & Rubber Company, Toyota Motor Corporation, and ZF Friedrichshafen AG (ZF TRW).

Types Covered:
• Replacement Part
• Accessories

Certifications Covered:
• Genuine Parts
• Certified Parts
• Uncertified Parts
• Steering Parts

Sales Outlets Covered:
• Garages and Service Stations
• Automobile Dealerships
• Government
• Commercial Fleet
• Quick Lubes

Service Channels Covered:
• Do It Yourself (DIY)
• Do It For Me (DIFM)
• Original Equipment (OE)

Distribution Channels Covered:
• Retailers
• Wholesale & Distribution (W&D)

Vehicle Types Covered:
• Passenger Cars
• Commercial Vehicles
• Two-Wheelers
Materials Covered:
• Metals & Alloys
• Composites
• Plastics

Products Covered:
• Wear-and-Tear Parts
• Crash-Relevant Parts
• Diagnostic Products

End Users Covered:
• Telematics
• Independent Workshops
• Fleet Management

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 2018, 2019, 2020, 2024, and 2027
- 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

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances


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 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 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 Automotive Aftermarket Market, By Type
5.1 Introduction
5.2 Replacement Part
5.2.1 Belt
5.2.2 Brakes
5.2.3 Clutch
5.2.4 Electrical Parts
5.2.5 Lighting
5.2.6 Turbochargers
5.2.7 Exhaust
5.2.8 Filters
5.2.9 Suspensions
5.2.10 Transmission
5.2.11 Wiper Parts
5.2.12 Tire
5.2.13 Battery
5.2.14 Body Parts
5.2.15 Wheels
5.2.16 Hoses
5.2.17 Engine Components
5.2.18 Motor Oils
5.2.19 Fluids & Additives
5.2.20 Spark Plugs
5.2.21 Bearings
5.2.22 Gaskets & Seals
5.3 Accessories
5.3.1 Car Exteriors
5.3.2 Car Interiors
6 Global Automotive Aftermarket Market, By Certification
6.1 Introduction
6.2 Genuine Parts
6.3 Certified Parts
6.4 Uncertified Parts
6.5 Steering Parts
7 Global Automotive Aftermarket Market, By Sales Outlet
7.1 Introduction
7.2 Garages and Service Stations
7.3 Automobile Dealerships
7.4 Government
7.5 Commercial Fleet
7.6 Quick Lubes
8 Global Automotive Aftermarket Market, By Service Channel
8.1 Introduction
8.2 Do It Yourself (DIY)
8.2.1 Discount Department Stores
8.2.2 Auto Parts Stores
8.3 Do It For Me (DIFM)
8.4 Original Equipment (OE)
9 Global Automotive Aftermarket Market, By Distribution Channel
9.1 Introduction
9.2 Retailers
9.3 Wholesale & Distribution (W&D)
10 Global Automotive Aftermarket Market, By Vehicle Type
10.1 Introduction
10.2 Passenger Cars
10.3 Commercial Vehicles
10.3.1 Light Commercial Vehicles
10.3.2 Heavy Commercial Vehicles
10.4 Two-Wheelers
11 Global Automotive Aftermarket Market, By Material
11.1 Introduction
11.2 Metals & Alloys
11.3 Composites
11.4 Plastics
12 Global Automotive Aftermarket Market, By Product
12.1 Introduction
12.2 Wear-and-Tear Parts
12.3 Crash-Relevant Parts
12.4 Diagnostic Products
13 Global Automotive Aftermarket Market, By End User
13.1 Introduction
13.2 Telematics
13.3 Independent Workshops
13.4 Fleet Management
14 Global Automotive Aftermarket Market, By Geography
14.1 Introduction
14.2 North America
14.2.1 US
14.2.2 Canada
14.2.3 Mexico
14.3 Europe
14.3.1 Germany
14.3.2 UK
14.3.3 Italy
14.3.4 France
14.3.5 Spain
14.3.6 Rest of Europe
14.4 Asia Pacific
14.4.1 Japan
14.4.2 China
14.4.3 India
14.4.4 Australia
14.4.5 New Zealand
14.4.6 South Korea
14.4.7 Rest of Asia Pacific
14.5 South America
14.5.1 Argentina
14.5.2 Brazil
14.5.3 Chile
14.5.4 Rest of South America
14.6 Middle East & Africa
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Qatar
14.6.4 South Africa
14.6.5 Rest of Middle East & Africa
15 Key Developments
15.1 Agreements, Partnerships, Collaborations and Joint Ventures
15.2 Acquisitions & Mergers
15.3 New Product Launch
15.4 Expansions
15.5 Other Key Strategies
16 Company Profiling
16.1 3M
16.2 Bridgestone Corporation
16.3 Continental AG
16.4 Cooper Tire & Rubber Company
16.5 Delphi Automotive PLC
16.6 Denso Corporation
16.7 Federal-Mogul Corporation
16.8 Hyundai Mobis Co., Ltd
16.9 Magna International, Inc
16.10 Magneti Marelli S.p.A
16.11 Robert Bosch GmbH
16.12 Shandong Zhengnuo Group Co., Ltd
16.13 The Goodyear Tire & Rubber Company
16.14 Toyota Motor Corporation
16.15 ZF Friedrichshafen AG (ZF TRW)
List of Tables
Table 1 Global Automotive Aftermarket Market Outlook, By Region (2018-2027) ($MN)
Table 2 Global Automotive Aftermarket Market Outlook, By Type (2018-2027) ($MN)
Table 3 Global Automotive Aftermarket Market Outlook, By Replacement Part (2018-2027) ($MN)
Table 4 Global Automotive Aftermarket Market Outlook, By Belt (2018-2027) ($MN)
Table 5 Global Automotive Aftermarket Market Outlook, By Brakes (2018-2027) ($MN)
Table 6 Global Automotive Aftermarket Market Outlook, By Clutch (2018-2027) ($MN)
Table 7 Global Automotive Aftermarket Market Outlook, By Electrical Parts (2018-2027) ($MN)
Table 8 Global Automotive Aftermarket Market Outlook, By Lighting (2018-2027) ($MN)
Table 9 Global Automotive Aftermarket Market Outlook, By Turbochargers (2018-2027) ($MN)
Table 10 Global Automotive Aftermarket Market Outlook, By Exhaust (2018-2027) ($MN)
Table 11 Global Automotive Aftermarket Market Outlook, By Filters (2018-2027) ($MN)
Table 12 Global Automotive Aftermarket Market Outlook, By Suspensions (2018-2027) ($MN)
Table 13 Global Automotive Aftermarket Market Outlook, By Transmission (2018-2027) ($MN)
Table 14 Global Automotive Aftermarket Market Outlook, By Wiper Parts (2018-2027) ($MN)
Table 15 Global Automotive Aftermarket Market Outlook, By Tire (2018-2027) ($MN)
Table 16 Global Automotive Aftermarket Market Outlook, By Battery (2018-2027) ($MN)
Table 17 Global Automotive Aftermarket Market Outlook, By Body Parts (2018-2027) ($MN)
Table 18 Global Automotive Aftermarket Market Outlook, By Wheels (2018-2027) ($MN)
Table 19 Global Automotive Aftermarket Market Outlook, By Hoses (2018-2027) ($MN)
Table 20 Global Automotive Aftermarket Market Outlook, By Engine Components (2018-2027) ($MN)
Table 21 Global Automotive Aftermarket Market Outlook, By Motor Oils (2018-2027) ($MN)
Table 22 Global Automotive Aftermarket Market Outlook, By Fluids & Additives (2018-2027) ($MN)
Table 23 Global Automotive Aftermarket Market Outlook, By Spark Plugs (2018-2027) ($MN)
Table 24 Global Automotive Aftermarket Market Outlook, By Bearings (2018-2027) ($MN)
Table 25 Global Automotive Aftermarket Market Outlook, By Gaskets & Seals (2018-2027) ($MN)
Table 26 Global Automotive Aftermarket Market Outlook, By Accessories (2018-2027) ($MN)
Table 27 Global Automotive Aftermarket Market Outlook, By Car Exteriors (2018-2027) ($MN)
Table 28 Global Automotive Aftermarket Market Outlook, By Car Interiors (2018-2027) ($MN)
Table 29 Global Automotive Aftermarket Market Outlook, By Certification (2018-2027) ($MN)
Table 30 Global Automotive Aftermarket Market Outlook, By Genuine Parts (2018-2027) ($MN)
Table 31 Global Automotive Aftermarket Market Outlook, By Certified Parts (2018-2027) ($MN)
Table 32 Global Automotive Aftermarket Market Outlook, By Uncertified Parts (2018-2027) ($MN)
Table 33 Global Automotive Aftermarket Market Outlook, By Steering Parts (2018-2027) ($MN)
Table 34 Global Automotive Aftermarket Market Outlook, By Sales Outlet (2018-2027) ($MN)
Table 35 Global Automotive Aftermarket Market Outlook, By Garages and Service Stations (2018-2027) ($MN)
Table 36 Global Automotive Aftermarket Market Outlook, By Automobile Dealerships (2018-2027) ($MN)
Table 37 Global Automotive Aftermarket Market Outlook, By Government (2018-2027) ($MN)
Table 38 Global Automotive Aftermarket Market Outlook, By Commercial Fleet (2018-2027) ($MN)
Table 39 Global Automotive Aftermarket Market Outlook, By Quick Lubes (2018-2027) ($MN)
Table 40 Global Automotive Aftermarket Market Outlook, By Service Channel (2018-2027) ($MN)
Table 41 Global Automotive Aftermarket Market Outlook, By Do It Yourself (DIY) (2018-2027) ($MN)
Table 42 Global Automotive Aftermarket Market Outlook, By Discount Department Stores (2018-2027) ($MN)
Table 43 Global Automotive Aftermarket Market Outlook, By Auto Parts Stores (2018-2027) ($MN)
Table 44 Global Automotive Aftermarket Market Outlook, By Do It For Me (DIFM) (2018-2027) ($MN)
Table 45 Global Automotive Aftermarket Market Outlook, By Original Equipment (OE) (2018-2027) ($MN)
Table 46 Global Automotive Aftermarket Market Outlook, By Distribution Channel (2018-2027) ($MN)
Table 47 Global Automotive Aftermarket Market Outlook, By Retailers (2018-2027) ($MN)
Table 48 Global Automotive Aftermarket Market Outlook, By Wholesale & Distribution (W&D) (2018-2027) ($MN)
Table 49 Global Automotive Aftermarket Market Outlook, By Vehicle Type (2018-2027) ($MN)
Table 50 Global Automotive Aftermarket Market Outlook, By Passenger Cars (2018-2027) ($MN)
Table 51 Global Automotive Aftermarket Market Outlook, By Commercial Vehicles (2018-2027) ($MN)
Table 52 Global Automotive Aftermarket Market Outlook, By Light Commercial Vehicles (2018-2027) ($MN)
Table 53 Global Automotive Aftermarket Market Outlook, By Heavy Commercial Vehicles (2018-2027) ($MN)
Table 54 Global Automotive Aftermarket Market Outlook, By Two-Wheelers (2018-2027) ($MN)
Table 55 Global Automotive Aftermarket Market Outlook, By Material (2018-2027) ($MN)
Table 56 Global Automotive Aftermarket Market Outlook, By Metals & Alloys (2018-2027) ($MN)
Table 57 Global Automotive Aftermarket Market Outlook, By Composites (2018-2027) ($MN)
Table 58 Global Automotive Aftermarket Market Outlook, By Plastics (2018-2027) ($MN)
Table 59 Global Automotive Aftermarket Market Outlook, By Product (2018-2027) ($MN)
Table 60 Global Automotive Aftermarket Market Outlook, By Wear-and-Tear Parts (2018-2027) ($MN)
Table 61 Global Automotive Aftermarket Market Outlook, By Crash-Relevant Parts (2018-2027) ($MN)
Table 62 Global Automotive Aftermarket Market Outlook, By Diagnostic Products (2018-2027) ($MN)
Table 63 Global Automotive Aftermarket Market Outlook, By End User (2018-2027) ($MN)
Table 64 Global Automotive Aftermarket Market Outlook, By Telematics (2018-2027) ($MN)
Table 65 Global Automotive Aftermarket Market Outlook, By Independent Workshops (2018-2027) ($MN)
Table 66 Global Automotive Aftermarket Market Outlook, By Fleet Management (2018-2027) ($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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