The global Automotive Aftermarket Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By Replacement Part (Tire, Battery, Brake parts, Filters, Body parts, Lighting & Electronic components, Wheels, Exhaust components, Turbochargers, Others), By Distribution Channel (Retailers, OEMs, Others), By Service Channel (DIY (Do It Yourself), DIFM (Do It for Me), OEMs), By Certification (Genuine Parts, Certified Parts, Uncertified Parts).
The Automotive Aftermarket market is a dynamic and diverse sector of the automotive industry, encompassing a wide range of products and services aimed at vehicle maintenance, repair, customization, and enhancement. From replacement parts and accessories to performance upgrades and specialty services, the aftermarket serves the needs of vehicle owners seeking to maintain and personalize their vehicles. With the automotive industry's focus on extending vehicle lifespans, enhancing performance, and meeting diverse customer preferences, the demand for aftermarket solutions continues to grow. Manufacturers, retailers, and service providers are offering innovative products and solutions tailored to different vehicle makes, models, and usage scenarios. Moreover, advancements in e-commerce platforms, digital marketing, and customer engagement strategies are driving growth in the online aftermarket segment, offering consumers convenient access to a wide range of products and services. Additionally, the rise of electric and hybrid vehicles is creating new opportunities for aftermarket solutions such as charging infrastructure, battery upgrades, and performance tuning. As vehicle ownership models evolve and consumer preferences shift, the automotive aftermarket market is poised for sustained growth and innovation, with opportunities for product differentiation, customization, and market expansion across segments and distribution channels.
The global Automotive Aftermarket market is highly competitive with a large number of companies focusing on niche market segments. Amidst intense competitive conditions, Automotive Aftermarket Companies are investing in new product launches and strengthening distribution channels. Key companies operating in the Automotive Aftermarket Market Industry include- 3M Company, Continental AG, Cooper Tire & Rubber Company, Delphi Automotive PLC, Denso Corp, Federal-Mogul Corp, HELLA KGaA Hueck & Co., Robert Bosch GmbH, Valeo Group, ZF Friedrichshafen AG.
The most prominent trend in the Automotive Aftermarket Market is the shift towards online purchases and e-commerce platforms. With the increasing prevalence of digitalization and the convenience of online shopping, there is a growing preference among consumers to buy automotive parts, accessories, and services online. Automotive aftermarket retailers and service providers are leveraging e-commerce platforms to reach a wider audience, offer a diverse range of products, and provide convenient purchasing options such as home delivery and installation services. This trend reflects the industry's adaptation to changing consumer behavior and the growing importance of digital channels in the automotive aftermarket.
A major driver propelling the growth of the Automotive Aftermarket Market is the aging vehicle fleet and longer vehicle lifespans. With vehicles staying on the road for longer periods due to improved durability, reliability, and maintenance practices, there is a continuous demand for replacement parts, maintenance services, and aftermarket accessories to keep vehicles running smoothly. As the average age of vehicles increases, consumers seek aftermarket solutions to maintain and enhance the performance, appearance, and functionality of their aging vehicles, driving demand for aftermarket products and services. The aging vehicle fleet and longer vehicle lifespans serve as a key driver for market growth and aftermarket activity.
An opportunity for significant expansion in the Automotive Aftermarket Market lies in the expansion into vehicle customization and personalization. With consumers seeking to personalize their vehicles and make them unique expressions of their tastes and lifestyles, there is a growing demand for aftermarket products and services that enable customization and personalization. Aftermarket retailers and service providers can capitalize on this opportunity by offering a wide range of customization options such as performance upgrades, aesthetic enhancements, and interior modifications. By catering to the growing market for vehicle customization and personalization, aftermarket businesses can differentiate themselves, attract a diverse customer base, and capture additional revenue streams in the automotive aftermarket.
By Replacement Part
Tire
Battery
Brake parts
Filters
Body parts
Lighting & Electronic components
Wheels
Exhaust components
Turbochargers
Others
By Distribution Channel
Retailers
OEMs
Others
By Service Channel
DIY (Do It Yourself)
DIFM (Do It for Me)
OE (Delegating to OEM’s)
By Certification
Genuine Parts
Certified Parts
Uncertified PartsGeographical Analysis
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa
3M Company
Continental AG
Cooper Tire & Rubber Company
Delphi Automotive PLC
Denso Corp
Federal-Mogul Corp
HELLA KGaA Hueck & Co.
Robert Bosch GmbH
Valeo Group
ZF Friedrichshafen AG
*- List not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Automotive Aftermarket Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Automotive Aftermarket Market Size Outlook, $ Million, 2021 to 2030
3.2 Automotive Aftermarket Market Outlook by Type, $ Million, 2021 to 2030
3.3 Automotive Aftermarket Market Outlook by Product, $ Million, 2021 to 2030
3.4 Automotive Aftermarket Market Outlook by Application, $ Million, 2021 to 2030
3.5 Automotive Aftermarket Market Outlook by Key Countries, $ Million, 2021 to 2030
4 Market Dynamics
4.1 Key Driving Forces of Automotive Aftermarket Industry
4.2 Key Market Trends in Automotive Aftermarket Industry
4.3 Potential Opportunities in Automotive Aftermarket Industry
4.4 Key Challenges in Automotive Aftermarket Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Automotive Aftermarket Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Automotive Aftermarket Market Outlook by Segments
7.1 Automotive Aftermarket Market Outlook by Segments, $ Million, 2021- 2030
By Replacement Part
Tire
Battery
Brake parts
Filters
Body parts
Lighting & Electronic components
Wheels
Exhaust components
Turbochargers
Others
By Distribution Channel
Retailers
OEMs
Others
By Service Channel
DIY (Do It Yourself)
DIFM (Do It for Me)
OE (Delegating to OEM’s)
By Certification
Genuine Parts
Certified Parts
Uncertified Parts
8 North America Automotive Aftermarket Market Analysis and Outlook To 2030
8.1 Introduction to North America Automotive Aftermarket Markets in 2024
8.2 North America Automotive Aftermarket Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Automotive Aftermarket Market size Outlook by Segments, 2021-2030
By Replacement Part
Tire
Battery
Brake parts
Filters
Body parts
Lighting & Electronic components
Wheels
Exhaust components
Turbochargers
Others
By Distribution Channel
Retailers
OEMs
Others
By Service Channel
DIY (Do It Yourself)
DIFM (Do It for Me)
OE (Delegating to OEM’s)
By Certification
Genuine Parts
Certified Parts
Uncertified Parts
9 Europe Automotive Aftermarket Market Analysis and Outlook To 2030
9.1 Introduction to Europe Automotive Aftermarket Markets in 2024
9.2 Europe Automotive Aftermarket Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Automotive Aftermarket Market Size Outlook by Segments, 2021-2030
By Replacement Part
Tire
Battery
Brake parts
Filters
Body parts
Lighting & Electronic components
Wheels
Exhaust components
Turbochargers
Others
By Distribution Channel
Retailers
OEMs
Others
By Service Channel
DIY (Do It Yourself)
DIFM (Do It for Me)
OE (Delegating to OEM’s)
By Certification
Genuine Parts
Certified Parts
Uncertified Parts
10 Asia Pacific Automotive Aftermarket Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Automotive Aftermarket Markets in 2024
10.2 Asia Pacific Automotive Aftermarket Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Automotive Aftermarket Market size Outlook by Segments, 2021-2030
By Replacement Part
Tire
Battery
Brake parts
Filters
Body parts
Lighting & Electronic components
Wheels
Exhaust components
Turbochargers
Others
By Distribution Channel
Retailers
OEMs
Others
By Service Channel
DIY (Do It Yourself)
DIFM (Do It for Me)
OE (Delegating to OEM’s)
By Certification
Genuine Parts
Certified Parts
Uncertified Parts
11 South America Automotive Aftermarket Market Analysis and Outlook To 2030
11.1 Introduction to South America Automotive Aftermarket Markets in 2024
11.2 South America Automotive Aftermarket Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Automotive Aftermarket Market size Outlook by Segments, 2021-2030
By Replacement Part
Tire
Battery
Brake parts
Filters
Body parts
Lighting & Electronic components
Wheels
Exhaust components
Turbochargers
Others
By Distribution Channel
Retailers
OEMs
Others
By Service Channel
DIY (Do It Yourself)
DIFM (Do It for Me)
OE (Delegating to OEM’s)
By Certification
Genuine Parts
Certified Parts
Uncertified Parts
12 Middle East and Africa Automotive Aftermarket Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Automotive Aftermarket Markets in 2024
12.2 Middle East and Africa Automotive Aftermarket Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Automotive Aftermarket Market size Outlook by Segments, 2021-2030
By Replacement Part
Tire
Battery
Brake parts
Filters
Body parts
Lighting & Electronic components
Wheels
Exhaust components
Turbochargers
Others
By Distribution Channel
Retailers
OEMs
Others
By Service Channel
DIY (Do It Yourself)
DIFM (Do It for Me)
OE (Delegating to OEM’s)
By Certification
Genuine Parts
Certified Parts
Uncertified Parts
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
3M Company
Continental AG
Cooper Tire & Rubber Company
Delphi Automotive PLC
Denso Corp
Federal-Mogul Corp
HELLA KGaA Hueck & Co.
Robert Bosch GmbH
Valeo Group
ZF Friedrichshafen AG
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Replacement Part
Tire
Battery
Brake parts
Filters
Body parts
Lighting & Electronic components
Wheels
Exhaust components
Turbochargers
Others
By Distribution Channel
Retailers
OEMs
Others
By Service Channel
DIY (Do It Yourself)
DIFM (Do It for Me)
OE (Delegating to OEM’s)
By Certification
Genuine Parts
Certified Parts
Uncertified Parts
The global Automotive Aftermarket Market is one of the lucrative growth markets, poised to register a 5.6% growth (CAGR) between 2024 and 2030.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
3M Company, Continental AG, Cooper Tire & Rubber Company, Delphi Automotive PLC, Denso Corp, Federal-Mogul Corp, HELLA KGaA Hueck & Co., Robert Bosch GmbH, Valeo Group, ZF Friedrichshafen AG
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: USD; Volume