Automotive Parts Aftermarket In Us 2024-2028

Automotive Parts Aftermarket Market In US 2024-2028


The automotive parts aftermarket market in US is forecasted to grow by USD 35 bn during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The 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
By Geographical Landscape
  • North America
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 in US growth during the next few years. Also, enhancing operating efficiency with Industry 4.0 and growing demand for hybrid and all-electric vehicles in US will lead to sizable demand in the market.

The report on the automotive parts aftermarket market in US covers the following areas:
  • Automotive parts aftermarket market in US sizing
  • Automotive parts aftermarket market in US forecast
  • Automotive parts aftermarket market in US industry analysis
The 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 in US 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., Niterra 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.

The publisher 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. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ billion)
Data Table on US - Market size and forecast 2023-2028 ($ billion)
Chart on US: Year-over-year growth 2023-2028 (%)
Data Table on US: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Automotive Parts Aftermarket in US 2018 - 2022
Historic Market Size - Data Table on Automotive Parts Aftermarket in US 2018 - 2022 ($ billion)
4.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.3 Distribution Channel segment analysis 2018 - 2022
Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
6.3 Passenger vehicles - Market size and forecast 2023-2028
Chart on Passenger vehicles - Market size and forecast 2023-2028 ($ billion)
Data Table on Passenger vehicles - Market size and forecast 2023-2028 ($ billion)
Chart on Passenger vehicles - Year-over-year growth 2023-2028 (%)
Data Table on Passenger vehicles - Year-over-year growth 2023-2028 (%)
6.4 Commercial vehicles - Market size and forecast 2023-2028
Chart on Commercial vehicles - Market size and forecast 2023-2028 ($ billion)
Data Table on Commercial vehicles - Market size and forecast 2023-2028 ($ billion)
Chart on Commercial vehicles - Year-over-year growth 2023-2028 (%)
Data Table on Commercial vehicles - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
7 Market Segmentation by Distribution Channel
7.1 Market segments
Chart on Distribution Channel - Market share 2023-2028 (%)
Data Table on Distribution Channel - Market share 2023-2028 (%)
7.2 Comparison by Distribution Channel
Chart on Comparison by Distribution Channel
Data Table on Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2023-2028
Chart on Offline - Market size and forecast 2023-2028 ($ billion)
Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
Chart on Offline - Year-over-year growth 2023-2028 (%)
Data Table on Offline - Year-over-year growth 2023-2028 (%)
7.4 Online - Market size and forecast 2023-2028
Chart on Online - Market size and forecast 2023-2028 ($ billion)
Data Table on Online - Market size and forecast 2023-2028 ($ billion)
Chart on Online - Year-over-year growth 2023-2028 (%)
Data Table on Online - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Distribution Channel
Market opportunity by Distribution Channel ($ billion)
Data Table on Market opportunity by Distribution Channel ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Adient Plc
Adient Plc - Overview
Adient Plc - Business segments
Adient Plc - Key offerings
Adient Plc - Segment focus
11.4 AISIN CORP.
AISIN CORP. - Overview
AISIN CORP. - Business segments
AISIN CORP. - Key news
AISIN CORP. - Key offerings
AISIN CORP. - Segment focus
11.5 American Axle and Manufacturing Holdings Inc.
American Axle and Manufacturing Holdings Inc. - Overview
American Axle and Manufacturing Holdings Inc. - Business segments
American Axle and Manufacturing Holdings Inc. - Key news
American Axle and Manufacturing Holdings Inc. - Key offerings
American Axle and Manufacturing Holdings Inc. - Segment focus
11.6 Aptiv Plc
Aptiv Plc - Overview
Aptiv Plc - Business segments
Aptiv Plc - Key news
Aptiv Plc - Key offerings
Aptiv Plc - Segment focus
11.7 DENSO Corp.
DENSO Corp. - Overview
DENSO Corp. - Business segments
DENSO Corp. - Key news
DENSO Corp. - Key offerings
DENSO Corp. - Segment focus
11.8 FlexNGate Group of Companies
FlexNGate Group of Companies - Overview
FlexNGate Group of Companies - Product / Service
FlexNGate Group of Companies - Key offerings
11.9 Lear Corp.
Lear Corp. - Overview
Lear Corp. - Business segments
Lear Corp. - Key news
Lear Corp. - Key offerings
Lear Corp. - Segment focus
11.10 Magna International Inc.
Magna International Inc. - Overview
Magna International Inc. - Business segments
Magna International Inc. - Key news
Magna International Inc. - Key offerings
Magna International Inc. - Segment focus
11.11 Panasonic Holdings Corp.
Panasonic Holdings Corp. - Overview
Panasonic Holdings Corp. - Product / Service
Panasonic Holdings Corp. - Key news
Panasonic Holdings Corp. - Key offerings
11.12 Pioneer Corp.
Pioneer Corp. - Overview
Pioneer Corp. - Product / Service
Pioneer Corp. - Key offerings
11.13 Robert Bosch GmbH
Robert Bosch GmbH - Overview
Robert Bosch GmbH - Product / Service
Robert Bosch GmbH - Key news
Robert Bosch GmbH - Key offerings
11.14 Schaeffler AG
Schaeffler AG - Overview
Schaeffler AG - Business segments
Schaeffler AG - Key news
Schaeffler AG - Key offerings
Schaeffler AG - Segment focus
11.15 Stellantis NV
Stellantis NV - Overview
Stellantis NV - Business segments
Stellantis NV - Key news
Stellantis NV - Key offerings
Stellantis NV - Segment focus
11.16 Yazaki Corp.
Yazaki Corp. - Overview
Yazaki Corp. - Product / Service
Yazaki Corp. - Key offerings
11.17 ZF Friedrichshafen AG
ZF Friedrichshafen AG - Overview
ZF Friedrichshafen AG - Business segments
ZF Friedrichshafen AG - Key news
ZF Friedrichshafen AG - Key offerings
ZF Friedrichshafen AG - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Type
Exhibits5: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits6: Executive Summary - Chart on Company Market Positioning
Exhibits7: Parent Market
Exhibits8: Data Table on - Parent Market
Exhibits9: Market characteristics analysis
Exhibits10: Value Chain Analysis
Exhibits11: Offerings of companies included in the market definition
Exhibits12: Market segments
Exhibits13: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits14: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits15: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibits16: Data Table on US: Year-over-year growth 2023-2028 (%)
Exhibits17: Historic Market Size - Data Table on Automotive Parts Aftermarket in US 2018 - 2022 ($ billion)
Exhibits18: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibits19: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
Exhibits20: Five forces analysis - Comparison between 2023 and 2028
Exhibits21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits26: Chart on Market condition - Five forces 2023 and 2028
Exhibits27: Chart on Type - Market share 2023-2028 (%)
Exhibits28: Data Table on Type - Market share 2023-2028 (%)
Exhibits29: Chart on Comparison by Type
Exhibits30: Data Table on Comparison by Type
Exhibits31: Chart on Passenger vehicles - Market size and forecast 2023-2028 ($ billion)
Exhibits32: Data Table on Passenger vehicles - Market size and forecast 2023-2028 ($ billion)
Exhibits33: Chart on Passenger vehicles - Year-over-year growth 2023-2028 (%)
Exhibits34: Data Table on Passenger vehicles - Year-over-year growth 2023-2028 (%)
Exhibits35: Chart on Commercial vehicles - Market size and forecast 2023-2028 ($ billion)
Exhibits36: Data Table on Commercial vehicles - Market size and forecast 2023-2028 ($ billion)
Exhibits37: Chart on Commercial vehicles - Year-over-year growth 2023-2028 (%)
Exhibits38: Data Table on Commercial vehicles - Year-over-year growth 2023-2028 (%)
Exhibits39: Market opportunity by Type ($ billion)
Exhibits40: Data Table on Market opportunity by Type ($ billion)
Exhibits41: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibits42: Data Table on Distribution Channel - Market share 2023-2028 (%)
Exhibits43: Chart on Comparison by Distribution Channel
Exhibits44: Data Table on Comparison by Distribution Channel
Exhibits45: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibits46: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibits47: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibits48: Data Table on Offline - Year-over-year growth 2023-2028 (%)
Exhibits49: Chart on Online - Market size and forecast 2023-2028 ($ billion)
Exhibits50: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
Exhibits51: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibits52: Data Table on Online - Year-over-year growth 2023-2028 (%)
Exhibits53: Market opportunity by Distribution Channel ($ billion)
Exhibits54: Data Table on Market opportunity by Distribution Channel ($ billion)
Exhibits55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits56: Impact of drivers and challenges in 2023 and 2028
Exhibits57: Overview on criticality of inputs and factors of differentiation
Exhibits58: Overview on factors of disruption
Exhibits59: Impact of key risks on business
Exhibits60: Companies covered
Exhibits61: Matrix on companies position and classification
Exhibits62: Adient Plc - Overview
Exhibits63: Adient Plc - Business segments
Exhibits64: Adient Plc - Key offerings
Exhibits65: Adient Plc - Segment focus
Exhibits66: AISIN CORP. - Overview
Exhibits67: AISIN CORP. - Business segments
Exhibits68: AISIN CORP. - Key news
Exhibits69: AISIN CORP. - Key offerings
Exhibits70: AISIN CORP. - Segment focus
Exhibits71: American Axle and Manufacturing Holdings Inc. - Overview
Exhibits72: American Axle and Manufacturing Holdings Inc. - Business segments
Exhibits73: American Axle and Manufacturing Holdings Inc. - Key news
Exhibits74: American Axle and Manufacturing Holdings Inc. - Key offerings
Exhibits75: American Axle and Manufacturing Holdings Inc. - Segment focus
Exhibits76: Aptiv Plc - Overview
Exhibits77: Aptiv Plc - Business segments
Exhibits78: Aptiv Plc - Key news
Exhibits79: Aptiv Plc - Key offerings
Exhibits80: Aptiv Plc - Segment focus
Exhibits81: DENSO Corp. - Overview
Exhibits82: DENSO Corp. - Business segments
Exhibits83: DENSO Corp. - Key news
Exhibits84: DENSO Corp. - Key offerings
Exhibits85: DENSO Corp. - Segment focus
Exhibits86: FlexNGate Group of Companies - Overview
Exhibits87: FlexNGate Group of Companies - Product / Service
Exhibits88: FlexNGate Group of Companies - Key offerings
Exhibits89: Lear Corp. - Overview
Exhibits90: Lear Corp. - Business segments
Exhibits91: Lear Corp. - Key news
Exhibits92: Lear Corp. - Key offerings
Exhibits93: Lear Corp. - Segment focus
Exhibits94: Magna International Inc. - Overview
Exhibits95: Magna International Inc. - Business segments
Exhibits96: Magna International Inc. - Key news
Exhibits97: Magna International Inc. - Key offerings
Exhibits98: Magna International Inc. - Segment focus
Exhibits99: Panasonic Holdings Corp. - Overview
Exhibits100: Panasonic Holdings Corp. - Product / Service
Exhibits101: Panasonic Holdings Corp. - Key news
Exhibits102: Panasonic Holdings Corp. - Key offerings
Exhibits103: Pioneer Corp. - Overview
Exhibits104: Pioneer Corp. - Product / Service
Exhibits105: Pioneer Corp. - Key offerings
Exhibits106: Robert Bosch GmbH - Overview
Exhibits107: Robert Bosch GmbH - Product / Service
Exhibits108: Robert Bosch GmbH - Key news
Exhibits109: Robert Bosch GmbH - Key offerings
Exhibits110: Schaeffler AG - Overview
Exhibits111: Schaeffler AG - Business segments
Exhibits112: Schaeffler AG - Key news
Exhibits113: Schaeffler AG - Key offerings
Exhibits114: Schaeffler AG - Segment focus
Exhibits115: Stellantis NV - Overview
Exhibits116: Stellantis NV - Business segments
Exhibits117: Stellantis NV - Key news
Exhibits118: Stellantis NV - Key offerings
Exhibits119: Stellantis NV - Segment focus
Exhibits120: Yazaki Corp. - Overview
Exhibits121: Yazaki Corp. - Product / Service
Exhibits122: Yazaki Corp. - Key offerings
Exhibits123: ZF Friedrichshafen AG - Overview
Exhibits124: ZF Friedrichshafen AG - Business segments
Exhibits125: ZF Friedrichshafen AG - Key news
Exhibits126: ZF Friedrichshafen AG - Key offerings
Exhibits127: ZF Friedrichshafen AG - Segment focus
Exhibits128: Inclusions checklist
Exhibits129: Exclusions checklist
Exhibits130: Currency conversion rates for US$
Exhibits131: Research methodology
Exhibits132: Information sources
Exhibits133: Data validation
Exhibits134: Validation techniques employed for market sizing
Exhibits135: Data synthesis
Exhibits136: 360 degree market analysis
Exhibits137: List of abbreviations

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings