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Automotive Aftermarket 2020 Global Industry Analysis, Market Size, Upcoming Trends, Growth, Major Players, Opportunity, and Forecast Till 2026

Automotive Aftermarket Market [By Product (Tire, Wheels, Battery, Lighting Components, Exhaust Components, Body Parts, Accessories, Telematics, and Others); By Sales Channel (OEM, Professional Service Stations); By Vehicle Type (Passenger Vehicles, Commercial Vehicles); By Region]: Market size & Forecast, 2017 – 2026

The Global Automotive Aftermarket Market is estimated to grow at a CAGR of 4% during the forecast period 2017-2026. As per the analysis, the global market was valued at $362 billion in the year 2017. The large-scale business of the automotive sector worldwide is the major driver influencing the market growth, as per the Statista, the sales of passenger cars are estimated to as 74 million units by the end of the year 2020, with China as a major manufacturer of the passenger cars.

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Automotive aftermarket deals in various components such as lubricants, second-hand equipment, spare parts and other products related to maintenance and repair or vehicles. The major factor influencing the demand of aftermarket products is increasing demand of maintenance and repairing of vehicles by customers to boost vehicle longevity. Also, high number of vehicle fleets and growth in demand for replaceable components such as clutch systems and engine parts among others are some major players boosting the market growth over the forecast period. Additionally, growth of the automotive industry is majorly influencing the market growth. Other factors boosting the market growth is the technological advancements of the automotive aftermarket parts.

Segmentation Overview of the Global Automotive Aftermarket Market

The global automotive aftermarket is segmented on the basis of Product Type, Sales Channel and Vehicle Type. These market segments are further categorized into various sub-segments to study the market in detail.

The Product Type Segment of the Global Automotive Aftermarket Market is Sub-Segmented into:

  • Tire
  • Wheels
  • Battery
  • Lighting
  • Exhaust Components
  • Body Parts
  • Accessories
  • Telematics
  • Others

The Sales Channel Segment of the Global Automotive Aftermarket Market is Sub-Segmented into:

  • OEM
  • Professional Service Stations
  • Others

The Vehicle Types Segment of the Global Automotive Aftermarket Market is Sub-Segmented into:

  • Passenger Vehicles
  • Commercial Vehicles

Geographical Overview of the Global Automotive Aftermarket Market

On the basis of geographical segmentation, the global Automotive Aftermarket market was studied across North America (U.S., Canada); Europe (Germany, UK, France); Asia Pacific (China, India, Japan); Latin America (Brazil, Mexico); Middle East & Africa. As per the analysis, the North America region accounted as the largest market share in the global automotive aftermarket in the year 2017.

Key Players Insight

The global automotive aftermarket market is analyzed to be highly competitive in nature, owing to presence of large number of small- and large-scale market players. Companies are offering a wide range of products and services for repair and maintenance work in variety of cars, buses, vans and trucks. Cooper Tire & Rubber Company, Robert Bosch GmbH, Goodyear Tire & Rubber Company, Magneti Marelli S.p.A, Delphi Automotive PLC, 3M Company, Exide Technologies, Inc., Johnsons Controls Inc., Denso Corporation and Royal Dutch Shell PLC among others are some major players included in the global research study of the global automotive aftermarket market. The companies related to the market are offering a wide range of products and services to fulfill variety of market demand. For instance:

Denso Corporation offers variety of automotive service parts and accessories. Some of the maintenance parts offered by the company include air filter element, cabin air filter, wiper blade, oil filter and spark plug among others. The repair products of the company include air conditioner service parts, oxygen sensor, fuel pump, alternator, compressor and starter among others.

Key Topics Covered

1. Overview and Scope

1.1. Research goal & scope

1.2. Research assumptions

1.3. Research Methodology

1.3.1. Primary data sources

1.3.2. Secondary data sources

1.4. Key take-away

1.5. Stakeholders

2. Executive Summary

2.1. Market Definition

2.2. Market Segmentation

3. Automotive Aftermarket Market Insights

3.1. Automotive Aftermarket – Industry snapshot

3.2. Automotive Aftermarket – Ecosystem analysis

3.3. Automotive Aftermarket Market Dynamics

3.3.1. Automotive Aftermarket – Market Forces

3.3.1.1. Automotive Aftermarket r Market Driver Analysis

3.3.1.2. Automotive Aftermarket Market Restraint/Challenges analysis

3.3.1.3. Automotive Aftermarket Market Opportunity Analysis

3.3.2. Industry analysis – Porter’s five force

3.3.2.1. Bargaining power of supplier

3.3.2.2. Bargaining power of buyer

3.3.2.3. Threat of substitute

3.3.2.4. Threat of new entrant

3.3.2.5. Degree of competition

3.3.3. Automotive Aftermarket Market PEST Analysis, 2017

3.3.4. Automotive Aftermarket Market Value Chain Analysis

3.3.5. Automotive Aftermarket Industry Trends

3.3.6. Competitive Ranking Analysis

4. Automotive Aftermarket Market Size and Forecast, 2017-2026 by Product

4.1. Key Findings

4.2. Tire

4.3. Wheels

4.4. Battery

4.5. Lighting

4.6. Exhaust Components

4.7. Body Parts

4.8. Accessories

4.9. Telematics

4.10. Others

5. Automotive Aftermarket Market Size and Forecast, 2017-2026 by Vehicle Type

5.1. Key Findings

5.2. Passenger Vehicles

5.3. Commercial Vehicles

6. Automotive Aftermarket Market Size and Forecast, 2017-2026 by Sales Channel

6.1. Key Findings

6.2. OEM

6.3. Professional Service Stations

6.4. Others

7. Automotive Aftermarket Market Size and Forecast, 2017-2026 by Region

7.1. Key Findings

7.2. North America

7.2.1. U.S.

7.2.2. Canada

7.2.3. Mexico

7.3. Europe

7.3.1. Germany

7.3.2. UK

7.3.3. France

7.3.4. Italy

7.3.5. Rest of Europe

7.4. Asia-Pacific

7.4.1. China

7.4.2. India

7.4.3. Japan

7.4.4. Rest of Asia-Pacific

7.5. Latin America

7.5.1. Brazil

7.6. Middle East & Africa

8. Company Profiles

8.1. Royal Dutch Shell PLC

8.1.1. Overview

8.1.2. Financials

8.1.3. Product Benchmarking

8.1.4. Recent Developments

8.2. Denso Corporation

8.2.1. Overview

8.2.2. Financials

8.2.3. Product Benchmarking

8.2.4. Recent Developments

8.3. Johnsons Controls Inc.

8.3.1. Overview

8.3.2. Financials

8.3.3. Product Benchmarking

8.3.4. Recent Developments

8.4. Exide Technologies, Inc.

8.4.1. Overview

8.4.2. Financials

8.4.3. Product Benchmarking

8.4.4. Recent Developments

8.5. 3M Company

8.5.1. Overview

8.5.2. Financials

8.5.3. Product Benchmarking

8.5.4. Recent Developments

8.6. Delphi Automotive PLC

8.6.1. Overview

8.6.2. Financials

8.6.3. Product Benchmarking

8.6.4. Recent Developments

8.7. Magneti Marelli S.p.A

8.7.1. Overview

8.7.2. Financials

8.7.3. Product Benchmarking

8.7.4. Recent Developments

8.8. Goodyear Tire & Rubber Company

8.8.1. Overview

8.8.2. Financials

8.8.3. Product Benchmarking

8.8.4. Recent Developments

8.9. Robert Bosch GmbH

8.9.1. Overview

8.9.2. Financials

8.9.3. Product Benchmarking

8.9.4. Recent Developments

8.10. Cooper Tire & Rubber Company

8.10.1. Overview

8.10.2. Financials

8.10.3. Product Benchmarking

8.10.4. Recent Developments

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The post Automotive Aftermarket 2020 Global Industry Analysis, Market Size, Upcoming Trends, Growth, Major Players, Opportunity, and Forecast Till 2026 appeared first on Market News Bizz.

About the author

Sharan Stone

Sharan Stone

Sharan comes to Market Research Tab with more than 7 years of experience as an editor. Sharan has his fingers firmly placed on the pulse of the business world and he covers retail, construction, and other industries as an editor for Market Research Tab. Email: [email protected]

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