Global Passenger Car Aftermarket Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Passenger Car Aftermarket Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Passenger Car Aftermarket market size was valued at USD 797240 million in 2023 and is forecast to a readjusted size of USD 971940 million by 2030 with a CAGR of 2.9% during review period.

As passenger cars age and accumulate mileage, the need for maintenance and replacement parts increases. Many vehicle components have a finite lifespan, leading to a steady demand for replacement parts and aftermarket services. Modern vehicles are designed to last longer and be more durable. This trend has resulted in an extended lifespan for passenger cars, driving the need for aftermarket parts and services to keep these vehicles on the road. Many car owners prefer to perform do-it-yourself (DIY) repairs and maintenance to save on labor costs. This preference fuels the demand for aftermarket parts, tools, and accessories that cater to DIY enthusiasts. Advancements in automotive technology, including features like advanced infotainment systems, safety systems, and connectivity solutions, create opportunities for aftermarket businesses to provide upgrades, replacements, and repairs for these components.

The Global Info Research report includes an overview of the development of the Passenger Car Aftermarket industry chain, the market status of Sedan (Wear and Tear Parts, Crash Relevant Parts), SUV (Wear and Tear Parts, Crash Relevant Parts), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Passenger Car Aftermarket.

Regionally, the report analyzes the Passenger Car Aftermarket markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Passenger Car Aftermarket market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Passenger Car Aftermarket market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Passenger Car Aftermarket industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Wear and Tear Parts, Crash Relevant Parts).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Passenger Car Aftermarket market.

Regional Analysis: The report involves examining the Passenger Car Aftermarket market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Passenger Car Aftermarket market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Passenger Car Aftermarket:

Company Analysis: Report covers individual Passenger Car Aftermarket players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Passenger Car Aftermarket This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Sedan, SUV).

Technology Analysis: Report covers specific technologies relevant to Passenger Car Aftermarket. It assesses the current state, advancements, and potential future developments in Passenger Car Aftermarket areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Passenger Car Aftermarket market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Passenger Car Aftermarket market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Wear and Tear Parts
Crash Relevant Parts
Maintenance Service
Tire Service
Others

Market segment by Application
Sedan
SUV
MPV

Market segment by players, this report covers
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
Tuhu Auto

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Passenger Car Aftermarket product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Passenger Car Aftermarket, with revenue, gross margin and global market share of Passenger Car Aftermarket from 2019 to 2024.

Chapter 3, the Passenger Car Aftermarket competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Passenger Car Aftermarket market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Passenger Car Aftermarket.

Chapter 13, to describe Passenger Car Aftermarket research findings and conclusion.