Global Automotive Aftermarket Market Size, Status and Forecast 2020-2026
United States is the largest market with share over 28.4%. China's car ownership reached 240 million at the end of 2018, ranking first worldwide in sales for an eighth straight year.
Market Analysis and Insights: Global Automotive Aftermarket Market
In 2019, the global Automotive Aftermarket market size was US$ 1006790 million and it is expected to reach US$ 1241100 million by the end of 2026, with a CAGR of 3.0% during 2021-2026.
Global Automotive Aftermarket Scope and Market Size
Automotive Aftermarket market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Aftermarket market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Automotive Aftermarket market is segmented into Wear and Tear Parts, Crash Relevant Parts, Services, Diagnostics Products, Other, etc.
Segment by Application, the Automotive Aftermarket market is segmented into Passenger Car, Commercial Vehicle, etc.
Regional and Country-level Analysis
The Automotive Aftermarket market is analysed and market size information is provided by regions (countries).
The key regions covered in the Automotive Aftermarket market report are North America, Europe, China, Japan, Southeast Asia, India, Central & South America and South Korea, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.
Competitive Landscapeand Automotive Aftermarket Market Share Analysis
Automotive Aftermarket market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Automotive Aftermarket business, the date to enter into the Automotive Aftermarket market, Automotive Aftermarket product introduction, recent developments, etc.
The major vendors include 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, etc.
This report focuses on the global Automotive Aftermarket status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Automotive Aftermarket development in North America, Europe, China, Japan, Southeast Asia, India, Central & South America and South Korea.
The key players covered in this study
Genuine Parts Company
Advance Auto Parts
O'Reilly Auto Parts
China Grand Automotive
Market segment by Type, the product can be split into
Wear and Tear Parts
Crash Relevant Parts
The segment of wear and tear parts holds a comparatively larger share in global market, which accounts for about 53%.
Market segment by Application, split into
The passenger cars hold an important share in terms of applications, and accounts for 71% of the market share.
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Automotive Aftermarket status, future forecast, growth opportunity, key market and key players.
To present the Automotive Aftermarket development in North America, Europe, China, Japan, Southeast Asia, India, Central & South America and South Korea.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of Automotive Aftermarket are as follows:
History Year: 2015-2019
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.