US Automotive Parts Aftermarket Market 2023-2027

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	136 Pages	TechNavio	March, 2023	INF17838566

Best Price Guarantee
Price	from $2,500
Length	136 Pages
Publisher	TechNavio
Published Date	March, 2023
SKU	INF17838566

Automotive Parts Aftermarket Market in US 2023-2027

Technavio has been monitoring the automotive parts aftermarket market in US and is forecast to grow by $30.83 bn during 2022-2027, accelerating at a CAGR of 7.69% during the forecast period. Our report on the automotive parts aftermarket market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advantages and benefits of original OE replacement parts, growing average age of vehicles in US, and growing passion for vehicle customization and growth in number of vendors.

Technavio's automotive parts aftermarket market in US is segmented as below:

By Type

Passenger vehicles
Commercial vehicles

By Distribution Channel

Offline
Online

This study identifies the growing availability of automotive aftermarket parts on e-commerce platforms as one of the prime reasons driving the automotive parts aftermarket market growth during the next few years. Also, enhancing operating efficiency with industry 4.0 and growing demand for hybrid and all-electric vehicles will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the automotive parts aftermarket market in US covers the following areas:

Automotive parts aftermarket market sizing
Automotive parts aftermarket market forecast
Automotive parts aftermarket market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive parts aftermarket market vendors that include 3M Co., Adient Plc, Aisin Corp., American Axle and Manufacturing Holdings Inc., Aptiv Plc, DENSO Corp., FlexNGate Group of Companies, Lear Corp., Magna International Inc., NGK SPARK PLUG Co. Ltd., Panasonic Holdings Corp., Pioneer Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Schaeffler AG, Stellantis NV, Tenneco Inc., Valeo SA, Yazaki Corp., and ZF Friedrichshafen AG. Also, the automotive parts aftermarket market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Country Market Characteristics
  - Table Executive Summary – Chart on Market Segmentation by Type
  - Table Executive Summary – Chart on Market Segmentation by Distribution Channel
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2022
- Market outlook: Forecast for 2022-2027
  - Table Chart on US - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on US - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on US: Year-over-year growth 2022-2027 (%)
  - Table Data Table on US: Year-over-year growth 2022-2027 (%)
Historic Market Size
- Automotive parts aftermarket market in US 2017 - 2021
  - Table Historic market size – Data table on automotive parts aftermarket market in US 2017 - 2021 ($ billion)
- Type Segment Analysis 2017 - 2021
  - Table Historic market size – Type segment 2017 - 2021 ($ billion)
- Distribution channel Segment Analysis 2017 - 2021
  - Table Historic market size – Distribution channel segment 2017 - 2021 ($ billion)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2022 and 2027
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2022 and 2027
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2022 and 2027
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2022 and 2027
- Market condition
  - Table Chart on Market condition - Five forces 2022 and 2027
Market Segmentation by Type
- Market segments
  - Table Chart on Type - Market share 2022-2027 (%)
  - Table Data Table on Type - Market share 2022-2027 (%)
- Comparison by Type
  - Table Chart on Comparison by Type
  - Table Data Table on Comparison by Type
- Passenger vehicles - Market size and forecast 2022-2027
  - Table Chart on Passenger vehicles - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Passenger vehicles - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Passenger vehicles - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Passenger vehicles - Year-over-year growth 2022-2027 (%)
- Commercial vehicles - Market size and forecast 2022- 2027
  - Table Chart on Commercial vehicles - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Commercial vehicles - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)
- Market opportunity by Type
  - Table Market opportunity by Type ($ billion)
  - Table Data Table on Market opportunity by Type ($ billion)
Market Segmentation by Distribution Channel
- Market segments
  - Table Chart on Distribution Channel - Market share 2022-2027 (%)
  - Table Data Table on Distribution Channel - Market share 2022-2027 (%)
- Comparison by Distribution Channel
  - Table Chart on Comparison by Distribution Channel
  - Table Data Table on Comparison by Distribution Channel
- Offline - Market size and forecast 2022-2027
  - Table Chart on Offline - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Offline - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Offline - Year-over-year growth 2022-2027 (%)
- Online - Market size and forecast 2022-2027
  - Table Chart on Online - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Online - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Online - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Online - Year-over-year growth 2022-2027 (%)
- Market opportunity by Distribution Channel
  - Table Market opportunity by Distribution Channel ($ billion)
  - Table Data Table on Market opportunity by Distribution Channel ($ billion)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Drivers, Challenges, and Trends
- Market drivers
  - Advantages and benefits of original OE replacement parts
  - Growing average age of vehicles in US
  - Growing passion for vehicle customization and growth in number of vendors
- Market challenges
  - Relatively high cost of original and genuine OE replacement parts
  - Online retailers challenging traditional aftermarket retailers in US
  - Adoption of three-dimensional (3D) printing in manufacturing industry
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2022 and 2027
- Market trends
  - Growing availability of automotive aftermarket parts on e-commerce platforms
  - Enhancing operating efficiency with Industry 4.0
  - Growing demand for hybrid and all-electric vehicles in
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- Adient Plc
  - Table Adient Plc - Overview
  - Table Adient Plc - Business segments
  - Table Adient Plc - Key offerings
  - Table Adient Plc - Segment focus
- Aisin Corp.
  - Table Aisin Corp. - Overview
  - Table Aisin Corp. - Business segments
  - Table Aisin Corp. - Key offerings
  - Table Aisin Corp. - Segment focus
- American Axle and Manufacturing Holdings Inc.
  - Table American Axle and Manufacturing Holdings Inc. - Overview
  - Table American Axle and Manufacturing Holdings Inc. - Business segments
  - Table American Axle and Manufacturing Holdings Inc. - Key offerings
  - Table American Axle and Manufacturing Holdings Inc. - Segment focus
- Aptiv Plc
  - Table Aptiv Plc - Overview
  - Table Aptiv Plc - Business segments
  - Table Aptiv Plc - Key offerings
  - Table Aptiv Plc - Segment focus
- DENSO Corp.
  - Table DENSO Corp. - Overview
  - Table DENSO Corp. - Business segments
  - Table DENSO Corp. - Key news
  - Table DENSO Corp. - Key offerings
  - Table DENSO Corp. - Segment focus
- FlexNGate Group of Companies
  - Table FlexNGate Group of Companies - Overview
  - Table FlexNGate Group of Companies - Product / Service
  - Table FlexNGate Group of Companies - Key offerings
- Lear Corp.
  - Table Lear Corp. - Overview
  - Table Lear Corp. - Business segments
  - Table Lear Corp. - Key news
  - Table Lear Corp. - Key offerings
  - Table Lear Corp. - Segment focus
- Magna International Inc.
  - Table Magna International Inc. - Overview
  - Table Magna International Inc. - Business segments
  - Table Magna International Inc. - Key news
  - Table Magna International Inc. - Key offerings
  - Table Magna International Inc. - Segment focus
- Panasonic Holdings Corp.
  - Table Panasonic Holdings Corp. - Overview
  - Table Panasonic Holdings Corp. - Business segments
  - Table Panasonic Holdings Corp. - Key news
  - Table Panasonic Holdings Corp. - Key offerings
  - Table Panasonic Holdings Corp. - Segment focus
- Pioneer Corp.
  - Table Pioneer Corp. - Overview
  - Table Pioneer Corp. - Business segments
  - Table Pioneer Corp. - Key offerings
  - Table Pioneer Corp. - Segment focus
- Robert Bosch GmbH
  - Table Robert Bosch GmbH - Overview
  - Table Robert Bosch GmbH - Business segments
  - Table Robert Bosch GmbH - Key news
  - Table Robert Bosch GmbH - Key offerings
  - Table Robert Bosch GmbH - Segment focus
- Schaeffler AG
  - Table Schaeffler AG - Overview
  - Table Schaeffler AG - Business segments
  - Table Schaeffler AG - Key offerings
  - Table Schaeffler AG - Segment focus
- Stellantis NV
  - Table Stellantis NV - Overview
  - Table Stellantis NV - Business segments
  - Table Stellantis NV - Key news
  - Table Stellantis NV - Key offerings
  - Table Stellantis NV - Segment focus
- Yazaki Corp.
  - Table Yazaki Corp. - Overview
  - Table Yazaki Corp. - Product / Service
  - Table Yazaki Corp. - Key offerings
- ZF Friedrichshafen AG
  - Table ZF Friedrichshafen AG - Overview
  - Table ZF Friedrichshafen AG - Business segments
  - Table ZF Friedrichshafen AG - Key news
  - Table ZF Friedrichshafen AG - Key offerings
  - Table ZF Friedrichshafen AG - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations