Global Automotive Aftermarket Market 2023-2027

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	179 Pages	TechNavio	January, 2023	INF17599771

Best Price Guarantee
Price	from $2,500
Length	179 Pages
Publisher	TechNavio
Published Date	January, 2023
SKU	INF17599771

Global Automotive Aftermarket Market 2023-2027

Technavio has been monitoring the automotive aftermarket market and is forecast to grow by $164.58 bn during 2022-2027, accelerating at a CAGR of 6.26% during the forecast period. Our report on the automotive aftermarket market 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 the high adoption of vehicle parts, the convenience of purchasing automotive products online, and the growing demand for vehicle customization.

Technavio's automotive aftermarket market is segmented as below:

By Vehicle Type

Passenger cars
Commercial vehicles

By Distribution Channel

Retailer
Wholesale
distribution

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the aftermarket e-retailing gaining popularity in the automotive aftermarket as one of the prime reasons driving the automotive aftermarket market growth during the next few years. Also, the use of advanced analytical tools to revolutionize aftermarket e-retailing and the booming e-commerce market driving online sales of automotive parts 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 aftermarket market covers the following areas:

Automotive aftermarket market sizing
Automotive aftermarket market forecast
Automotive 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 aftermarket market vendors that include 3M Co., Aisin Corp., Akebono Brake Corp., ALCO Filters Ltd., Aptiv PLC, BASF SE, BorgWarner Inc., Bridgestone Corp, Continental AG, DENSO Corp., Faurecia, HELLA GmbH and Co. KGaA, JK Tyre and Industries Ltd., LCI Industries, MAP MotoRad Automotive Parts Ltd., NGK SPARK PLUG Co. Ltd., Pioneer Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Tenneco Inc., The Goodyear Tire and Rubber Co., Valeo SA, and ZF Friedrichshafen AG. Also, the automotive aftermarket market 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 Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by Vehicle Type
  - Table Executive Summary – Chart on Market Segmentation by Distribution Channel
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - 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 Global - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Global - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
  - Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Historic Market Size
- Global automotive aftermarket market 2017 - 2021
  - Table Historic Market Size – Data Table on Global automotive aftermarket market 2017 – 2021 ($ billion)
- Vehicle type Segment Analysis 2017 - 2021
  - Table Historic Market Size – Vehicle type Segment 2017 - 2021 ($ billion)
- Distribution channel Segment Analysis 2017 - 2021
  - Table Historic Market Size – Distribution channel Segment 2017 - 2021 ($ billion)
- Geography Segment Analysis 2017 - 2021
  - Table Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
- Country Segment Analysis 2017 - 2021
  - Table Historic Market Size – Country Segment 2017 - 2021 ($ billion)
Market Size
- In-car Digital Sound Processors Market in APAC 2022 - 2027
  - Table Market Size (value) –Data Table on In-car Digital Sound Processors Market in APAC 2022 - 2027 ($ thousand)
- In-car Digital Sound Processors Market in APAC by Country –Analysis 2022 - 2027
  - Table Market Size (value) - Data Table on In-car Digital Sound Processors Market in APAC by Country 2022 - 2027 ($ thousand)
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 Vehicle Type
- Market segments
  - Table Chart on Vehicle Type - Market share 2022-2027 (%)
  - Table Data Table on Vehicle Type - Market share 2022-2027 (%)
- Comparison by Vehicle Type
  - Table Chart on Comparison by Vehicle Type
  - Table Data Table on Comparison by Vehicle Type
- Passenger cars - Market size and forecast 2022-2027
  - Table Chart on Passenger cars - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Passenger cars - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Passenger cars - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Passenger cars - 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 Vehicle Type
  - Table Market opportunity by Vehicle 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
- Retailer - Market size and forecast 2022-2027
  - Table Chart on Retailer - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Retailer - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Retailer - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Retailer - Year-over-year growth 2022-2027 (%)
- Wholesale and distribution - Market size and forecast 2022-2027
  - Table Chart on Wholesale and distribution - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Wholesale and distribution - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Wholesale and distribution - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Wholesale and distribution - Year-over-year growth 2022-2027 (%)
- Market opportunity by Distribution Channel
  - Table 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
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2022-2027 (%)
  - Table Data Table on Market share by geography 2022-2027 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2022-2027
  - Table Chart on APAC - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on APAC - Year-over-year growth 2022-2027 (%)
  - Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
- Europe - Market size and forecast 2022-2027
  - Table Chart on Europe - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Europe - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
- North America - Market size and forecast 2022-2027
  - Table Chart on North America - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on North America - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on North America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on North America - Year-over-year growth 2022-2027 (%)
- South America - Market size and forecast 2022-2027
  - Table Chart on South America - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on South America - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on South America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on South America - Year-over-year growth 2022-2027 (%)
- Middle East and Africa - Market size and forecast 2022- 2027
  - Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- China - Market size and forecast 2022-2027
  - Table Chart on China - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on China - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on China - Year-over-year growth 2022-2027 (%)
  - Table Data Table on China - Year-over-year growth 2022-2027 (%)
- US - Market size and forecast 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 (%)
- Japan - Market size and forecast 2022-2027
  - Table Chart on Japan - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Japan - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
- Germany - Market size and forecast 2022-2027
  - Table Chart on Germany - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Germany - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
- India - Market size and forecast 2022-2027
  - Table Chart on India - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on India - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on India - Year-over-year growth 2022-2027 (%)
  - Table Data Table on India - Year-over-year growth 2022-2027 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ billion)
Drivers, Challenges, and Trends
- Market drivers
  - High adoption of vehicle parts
  - Convenience of purchasing automotive products online
  - Growing demand for vehicle customization
- Market challenges
  - High price sensitivity leading to margin pressure on e-retailers
  - Growing adoption of public transportation impacting personal vehicle mile travel
  - Availability of counterfeit products
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2022 and 2027
- Market trends
  - Aftermarket e-retailing gaining popularity in automotive aftermarket
  - Use of advanced analytical tools to revolutionize aftermarket eretailing
  - Booming e-commerce market driving online sales of automotive parts
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
- 3M Co.
  - Table 3M Co. - Overview
  - Table 3M Co. - Business segments
  - Table 3M Co. - Key news
  - Table 3M Co. - Key offerings
  - Table 3M Co. - Segment focus
- Aptiv PLC
  - Table Aptiv PLC - Overview
  - Table Aptiv PLC - Business segments
  - Table Aptiv PLC - Key offerings
  - Table Aptiv PLC - Segment focus
- BorgWarner Inc.
  - Table BorgWarner Inc. - Overview
  - Table BorgWarner Inc. - Business segments
  - Table BorgWarner Inc. - Key news
  - Table BorgWarner Inc. - Key offerings
  - Table BorgWarner Inc. - Segment focus
- Bridgestone Corp
  - Table Bridgestone Corp - Overview
  - Table Bridgestone Corp - Business segments
  - Table Bridgestone Corp - Key news
  - Table Bridgestone Corp - Key offerings
  - Table Bridgestone Corp - Segment focus
- Continental AG
  - Table Continental AG - Overview
  - Table Continental AG - Business segments
  - Table Continental AG - Key offerings
  - Table Continental AG - 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
- HELLA GmbH and Co. KGaA
  - Table HELLA GmbH and Co. KGaA - Overview
  - Table HELLA GmbH and Co. KGaA - Business segments
  - Table HELLA GmbH and Co. KGaA - Key news
  - Table HELLA GmbH and Co. KGaA - Key offerings
  - Table HELLA GmbH and Co. KGaA - Segment focus
- NGK SPARK PLUG Co. Ltd.
  - Table NGK SPARK PLUG Co. Ltd. - Overview
  - Table NGK SPARK PLUG Co. Ltd. - Business segments
  - Table NGK SPARK PLUG Co. Ltd. - Key offerings
  - Table NGK SPARK PLUG Co. Ltd. - 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 offerings
  - Table Robert Bosch GmbH - Segment focus
- Samsung Electronics Co. Ltd.
  - Table Samsung Electronics Co. Ltd. - Overview
  - Table Samsung Electronics Co. Ltd. - Business segments
  - Table Samsung Electronics Co. Ltd. - Key news
  - Table Samsung Electronics Co. Ltd. - Key offerings
  - Table Samsung Electronics Co. Ltd. - Segment focus
- Tenneco Inc.
  - Table Tenneco Inc. - Overview
  - Table Tenneco Inc. - Business segments
  - Table Tenneco Inc. - Key news
  - Table Tenneco Inc. - Key offerings
  - Table Tenneco Inc. - Segment focus
- The Goodyear Tire and Rubber Co.
  - Table The Goodyear Tire and Rubber Co. - Overview
  - Table The Goodyear Tire and Rubber Co. - Business segments
  - Table The Goodyear Tire and Rubber Co. - Key news
  - Table The Goodyear Tire and Rubber Co. - Key offerings
  - Table The Goodyear Tire and Rubber Co. - Segment focus
- Valeo SA
  - Table Valeo SA - Overview
  - Table Valeo SA - Business segments
  - Table Valeo SA - Key news
  - Table Valeo SA - Key offerings
  - Table Valeo SA - Segment focus
- 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