MARKET INTRODUCTION

The automotive aftermarket is the secondary market for the automobile market with the component of system & services. It is concerned with manufacturing, remanufacturing, distribution, installation of various parts, repairing, etc. The aftermarket has two parts, replacement parts, and accessories. It encompasses parts for replacement, collision, appearance, and performance including electric propulsion.

MARKET DYNAMICS

A rapid increase in vehicle sales and production is the major factor which is driving the Automotive Aftermarket market. Vehicle components such as filters, deflectors, tires, brake parts, and actuators have a short lifespan, which leads to regular maintenance and replacement of components is expected to contribute tremendous growth in Automotive Aftermarket market. However, improvement by OEMs, car manufacturers towards improvising the components are hampering the automotive aftermarket growth. Rising technological innovation in vehicles and advancement of systems, which include components such as sensors, ECUs, and display screens need regular maintenance, and replacement of electronic components are offering lucrative opportunities to the automotive aftermarket market.

MARKET SCOPE

The "Global Automotive Aftermarket Market Analysis to 2027" is a specialized and in-depth study of the Automotive Aftermarket industry with a special focus on the global market trend analysis. The report aims to provide an overview of Automotive Aftermarket market with detailed market segmentation by technology, type and geography. The global Automotive Aftermarket market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Automotive Aftermarket market players and offers key trends and opportunities in the market.



MARKET SEGMENTATION

The global Automotive Aftermarket market is segmented on the basis of product, vehicle Type, and sales. Based on product, the market is segmented as tire, wheels, battery, lighting, exhaust, components, body parts, accessories, telematics, and others. On the basis of the vehicle type the market is segmented into passenger vehicles, and commercial vehicles. Based on sales the market is segmented as OEM, professional service stations, and others.







REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Automotive Aftermarket market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Automotive Aftermarket market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Automotive Aftermarket market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Automotive Aftermarket market in these regions.



MARKET PLAYERS

The reports cover key developments in the Automotive Aftermarket market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Automotive Aftermarket market are anticipated to lucrative growth opportunities in the future with the rising demand for Automotive Aftermarket in the global market. Below mentioned is the list of few companies engaged in the Automotive Aftermarket market.

The report also includes the profiles of key Automotive Aftermarket companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

3M

Continental AG

Delphi Technologies

Denso Corporation

Federal Mogul

Magneti Marelli S.p.A

NGK SPARK PLUG CO., LTD.

Robert Bosch GmbH

The Goodyear Tire and Rubber Company

ZF Friedrichshafen AG (ZF TRW)



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