News

The global automotive aftermarket size is expected to be worth around US$ 550.25 billion by 2030, according to a new report by Vision Research Reports.

The global automotive aftermarket size was valued at US$ 395.10 billion in 2020 and is anticipated to grow at a CAGR of 4.8% during forecast period 2021 to 2030.

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Report Coverage

Growth Factors

 Digitalization of automotive repair & component sales complemented by advanced technology incorporations in the automobile aftermarket component manufacturing is expected to boost the market growth. The surging reception of semi-autonomous, EV and hybrid and autonomous cars in the years to come is further expected to bolster the demand for new components.

Key Players

• 3M Company
• Continental AG
• Cooper Tire & Rubber Company
• Delphi Automotive PLC
• Denso Corporation
• Federal-Mogul Corporation
• HELLA KGaA Hueck & Co.
• Robert Bosch GmbH
• Valeo Group
• ZF Friedrichshafen AG

Market Segmentation

• Replacement Parts
  • Tire
  • Battery
  • Brake Parts
  • Filters
  • Body Parts
  • Lighting & Electronic Components
  • Wheels
  • Exhaust Components
  • Turbochargers
  • Others
• Distribution Channel
  • Retailers
    • OEMs
    • Repair Shops
  • Wholesalers & Distributors
• Service Channel
  • DIY (Do it Yourself)
  • DIFM (Do it for Me)
  • OE (Delegating to OEM’s)
• Certification
  • Genuine Parts
  • Certified Parts
  • Uncertified Parts
• Regional
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
  • Asia Pacific
    • China
    • Japan
    • India
  • South America
    • Brazil
  • MEA

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