According to Goldstein Research, global automotive aftermarket market is expected to reach USD 763 billion by 2025, expanding at a CAGR of 3.2% over the forecast period, 2017-2025.

The advent of sales through online distribution channel is one of the driving factors in the growth of the market. Global automotive aftermarket market segmentation has been done on the basis of aftermarket products and services, end users type, distribution channel, and geography. Based on the after-market products and services, wear-and-tear parts accounted for the largest revenue share of more than 52% in the automotive aftermarket industry.

Global Automotive aftermarket market is dominated by North America with about 35% market share. On the other hand, Asia Pacific region is the fastest growing region for automotive aftermarket industry majorly fueled by China and the regional market value is expected to increase at a CAGR of +6.4% during the forecast period.

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Market Segmentation

On the basis of our in-depth analysis, Global Automotive Aftermarket Market can be segmented as follows:

By Aftermarket Products and Services Type

o Wear-and-Tear Parts

o Crash-Relevant Parts

o Accessories and Appearance Products

o Diagnostics Products

o Services (Fleet Management etc.)

By End Users Type

o Service Providers (Telematics, Fleet Management etc.)

o Independent Workshops

o Automotive OEM Workshop

By Distribution Channels

o Offline Distribution Channel

o Online Distribution Channel

By Region

o North America (U.S. & Canada) Automotive aftermarket Market {Market Share (%), Market Size (USD Billion)}

o Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Automotive aftermarket Market {Market Share (%), Market Size (USD Billion)}

o Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & RoE) Automotive aftermarket Market {Market Share (%), Market Size (USD Billion)}

o Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Automotive aftermarket Market {Market Share (%), Market Size (USD Billion)}

o Middle East & Africa (GCC, South Africa, North Africa, Rome) Automotive aftermarket Market {Market Share (%), Market Size (USD Billion)}



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“Global Automotive Aftermarket Market Outlook 2024” contains the detailed overview of the Global Automotive aftermarket market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by aftermarket products and services, end users type and distribution channel.

Further, for the in-depth analysis, Global Automotive Aftermarket Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

This market report also includes competitive outlook of some of the major players profiling of companies such as 3M, Continental AG, Delphi Automotive PLC, Denso Corporation, Federal-Mogul Corporation, Magneti Marelli S.p.A., Goodyear Tire & Rubber Company, ZF Friedrichshafen AG, COOPER TIRE & RUBBER COMPANY, Robert Bosch GmbH, etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the Global Automotive aftermarket market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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