Automotive Aftermarket Market Size Booming To Hit Worth USD 1282770.30 Million By 2028: Business Overview, Future Growth Survey, Key Findings, Top Company Profiles, Business Development Strategy, Emerging Technologies, Trends and Forecast


Pune, June 29, 2022 (GLOBE NEWSWIRE) -- The Global Automotive Aftermarket Market Size was estimated at USD 1021990.00 million in 2021 and is projected to reach USD 1282770.30 million by 2028, exhibiting a CAGR of 3.30% during the forecast period.

IndustryResearchBiz has published a new report on “Automotive Aftermarket Market” with an analysis of such parameters i.e. industry growth drivers, supply and demand, risks, market attractiveness, annual growth comparison, BPS analysis, SWOT analysis, and Porter's Five Forces model. Automotive Aftermarket Market report gives an inside and out audit of the Expansion Drivers, Potential Challenges, Distinctive Trends, and Opportunities for Market Players. Our Research experts have carried out detailed checks of the critical environment and have predicted the methodological structure used by market participants. The primary goal of the Automotive Aftermarket business report is to supply key insights on competition positioning, current scope, market potential, growth rates, and alternative relevant statistics.

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Automotive Aftermarket Market Summary:
The automotive aftermarket is the secondary market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories.

The Global Automotive Aftermarket Market Size was estimated at USD 1021990.00 million in 2021 and is projected to reach USD 1282770.30 million by 2028, exhibiting a CAGR of 3.30% during the forecast period.

Our latest report provides a deep insight into the global Automotive Aftermarket market covering all its essential aspects. This ranges from macro-overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps to shape the competition within the industries and strategies to the competitive environment in order to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of Global Automotive Aftermarket Market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Automotive Aftermarket market in any manner.

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List of Top Key Players in Automotive Aftermarket Market Report: The survey describes the qualities of the entire company based on an industry-wide analysis.

  • Bridgestone
  • Michelin
  • Autozone
  • Genuine Parts Company
  • Goodyear
  • Continental
  • Advance Auto Parts
  • O'Reilly Auto Parts
  • Bosch
  • Tenneco
  • Belron International
  • Denso
  • Driven Brands
  • China Grand Automotive
  • Zhongsheng Group
  • 3M Company
  • Yongda Group
  • Monro
  • Delphi
  • Tuhu Auto

Global Automotive Aftermarket Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Based on Product Type, this report shows the creation, income, cost, piece of the pie, and development pace of each kind, principally split into:

  • Wear and Tear Parts
  • Crash Relevant Parts
  • Maintenance Service
  • Diagnostics Products and Service
  • Tire Service

On the Basis of the End-User/Applications, this report focuses on the status and outlook for major applications production, revenue, price, market share, and growth rate:

  • Passenger Vehicle
  • Commercial Vehicle

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Geographically, the Major Regions Covered in Automotive Aftermarket Market Report Are: To comprehend Global Automotive Aftermarket market dynamics in the world mainly, the worldwide Automotive Aftermarket market is analyzed across major global regions.
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Automotive Aftermarket Market
  • Overview of the regional outlook of the Automotive Aftermarket Market

Valuable Points from Automotive Aftermarket Market Research Report 2022-2028:

  • Significant changes in Market dynamics.
  • Reporting and assessment of recent industry developments.
  • A complete background analysis, which includes a valuation of the parental Automotive Aftermarket Market.
  • Current, Historical, and projected size of the Automotive Aftermarket Market from the viewpoint of both value and volume.
  • Automotive Aftermarket Market segmentation according to Top Regions.
  • Automotive Aftermarket Market shares and strategies of key Manufacturers.
  • Emerging Specific segments and regional for Automotive Aftermarket Market.
  • An objective valuation of the trajectory of the Market.
  • Recommendations to Top Companies for reinforcement of their foothold in the market.

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Automotive Aftermarket Market Report Gives Answers to Following Key Questions:

  • What will the growth rate of the Automotive Aftermarket market be? What is the analysis of the sales volume, sales, and prices of the leading manufacturers in the Automotive Aftermarket market?
  • What are the key drivers of the Global Automotive Aftermarket Market? Who are the major players in the Automotive Aftermarket market?
  • Who are the key market players in the Automotive Aftermarket Market? Which Market opportunities, risks, and business strategies were adopted by them?
  • What are the Automotive Aftermarket market opportunities and threats facing suppliers in the global Automotive Aftermarket Industry?
  • What is the regional sales, revenue and price analysis of the Automotive Aftermarket industry? Who are the distributors, traders, and resellers in the Automotive Aftermarket market?
  • Which are the major regions for dissimilar trades that are expected to eyewitness astonishing growth for the Automotive Aftermarket Market?
  • What are the regional growth trends and the leading revenue-generating regions for the Automotive Aftermarket Market?

Key Reasons to Buy this Report:

  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlights the consumption of the product/service in the region as well as indicates the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come

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With tables and figures helping analyze worldwide Global Automotive Aftermarket market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Some Points from TOC:

1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Automotive Aftermarket
1.2 Key Market Segments
1.2.1 Automotive Aftermarket Segment by Type
1.2.2 Automotive Aftermarket Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats

2 Automotive Aftermarket Market Overview
2.1 Global Market Overview
2.1.1 Global Automotive Aftermarket Market Size (M USD) Estimates and Forecasts (2017-2028)
2.1.2 Global Automotive Aftermarket Sales Estimates and Forecasts (2017-2028)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region

3 Automotive Aftermarket Market Competitive Landscape
3.1 Global Automotive Aftermarket Sales by Manufacturers (2017-2022)
3.2 Global Automotive Aftermarket Revenue Market Share by Manufacturers (2017-2022)
3.3 Automotive Aftermarket Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Automotive Aftermarket Average Price by Manufacturers (2017-2022)
3.5 Manufacturers Automotive Aftermarket Sales Sites, Area Served, Product Type
3.6 Automotive Aftermarket Market Competitive Situation and Trends
3.6.1 Automotive Aftermarket Market Concentration Rate
3.6.2 Global 5 and 10 Largest Automotive Aftermarket Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion

4 Automotive Aftermarket Industry Chain Analysis
4.1 Automotive Aftermarket Industry Chain Analysis
4.2 Market Overview and Market Concentration Analysis of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis

5 The Development and Dynamics of Automotive Aftermarket Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies

6 Automotive Aftermarket Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Automotive Aftermarket Sales Market Share by Type (2017-2022)
6.3 Global Automotive Aftermarket Market Size Market Share by Type (2017-2022)
6.4 Global Automotive Aftermarket Price by Type (2017-2022)

7 Automotive Aftermarket Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Automotive Aftermarket Market Sales by Application (2017-2022)
7.3 Global Automotive Aftermarket Market Size (M USD) by Application (2017-2022)
7.4 Global Automotive Aftermarket Sales Growth Rate by Application (2017-2022)

8 Automotive Aftermarket Market Segmentation by Region
8.1 Global Automotive Aftermarket Sales by Region
8.1.1 Global Automotive Aftermarket Sales by Region
8.1.2 Global Automotive Aftermarket Sales Market Share by Region
8.2 North America
8.2.1 North America Automotive Aftermarket Sales by Country
8.3.1 Europe Automotive Aftermarket Sales by Country
8.4.1 Asia Pacific Automotive Aftermarket Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Automotive Aftermarket Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Automotive Aftermarket Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa

9 Key Companies Profiled

10 Automotive Aftermarket Market Forecast by Region
10.1 Global Automotive Aftermarket Market Size Forecast
10.2 Global Automotive Aftermarket Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Automotive Aftermarket Market Size Forecast by Country
10.2.3 Asia Pacific Automotive Aftermarket Market Size Forecast by Region
10.2.4 South America Automotive Aftermarket Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Automotive Aftermarket by Country

11 Forecast Market by Type and by Application (2022-2028)
11.1 Global Automotive Aftermarket Market Forecast by Type (2022-2028)
11.1.1 Global Forecasted Sales of Automotive Aftermarket by Type (2022-2028)
11.1.2 Global Automotive Aftermarket Market Size Forecast by Type (2022-2028)
11.1.3 Global Forecasted Price of Automotive Aftermarket by Type (2022-2028)
11.2 Global Automotive Aftermarket Market Forecast by Application (2022-2028)
11.2.1 Global Automotive Aftermarket Sales (K Units) Forecast by Application
11.2.2 Global Automotive Aftermarket Market Size (M USD) Forecast by Application (2022-2028)

Continue…………

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