Global Automotive Aftermarket
Summary
Global Automotive Aftermarket industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Automotive aftermarket includes the sales of automotive components for use on vehicles after first purchase. Market value is calculated in terms of retail selling price (RSP) including all taxes and levies. Market volume refers to each individual aftermarket component, such as wiper blades or brake calipers, considered as a separate unit. The scope includes components sold through fast fits, auto centres, garages, tyre specialists, vehicle manufacturer networks, petrol stations, hypermarkets, crash repair centres/body shops, online sales, parts & accessories stores, and others. Both internal combustion engines and electric vehicles are considered in our scope. Our analysis encompasses both passenger cars and light commercial vehicles.
- The global automotive aftermarket sector recorded revenues of $923 billion in 2023, representing a compound annual growth rate (CAGR) of 1.4% between 2018 and 2023.
- Sector consumption volume increased with a CAGR of 1.2% between 2018 and 2023, to reach a total of 18,019.7 million units in 2023.
- The Asia-Pacific region dominated the global automotive aftermarket sector in 2023, commanding the largest share of 33.0%.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the automotive aftermarket market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global automotive aftermarket market
- Leading company profiles reveal details of key automotive aftermarket market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global automotive aftermarket market with five year forecasts
- What was the size of the Global automotive aftermarket market by value in 2023?
- What will be the size of the Global automotive aftermarket market in 2028?
- What factors are affecting the strength of competition in the Global automotive aftermarket market?
- How has the market performed over the last five years?
- What are the main segments that make up the global's automotive aftermarket market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths of the leading players?
- 7.3. What are the recent developments in the sector?
- 8 Company Profiles
- 8.1. Denso Corp
- 8.2. Continental AG
- 8.3. AutoZone Inc
- 8.4. Robert Bosch GmbH
- 8.5. Mobivia
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Global automotive aftermarket sector value: $ million, 2018-23
- Table 2: Global automotive aftermarket sector volume: million units, 2018-23
- Table 3: Global automotive aftermarket sector category segmentation: % share, by value, 2018-23
- Table 4: Global automotive aftermarket sector category segmentation: $ million, 2018-23
- Table 5: Global automotive aftermarket sector geography segmentation: $ million, 2023
- Table 6: Global automotive aftermarket sector value forecast: $ million, 2023-28
- Table 7: Global automotive aftermarket sector volume forecast: million units, 2023-28
- Table 8: Denso Corp: Key Facts
- Table 9: Denso Corp: Annual Financial Ratios
- Table 10: Denso Corp: Key Employees
- Table 11: Continental AG: Key Facts
- Table 12: Continental AG: Annual Financial Ratios
- Table 13: Continental AG: Key Employees
- Table 14: Continental AG: Key Employees Continued
- Table 15: AutoZone Inc: Key Facts
- Table 16: AutoZone Inc: Annual Financial Ratios
- Table 17: AutoZone Inc: Key Employees
- Table 18: Robert Bosch GmbH: Key Facts
- Table 19: Robert Bosch GmbH: Key Employees
- Table 20: Robert Bosch GmbH: Key Employees Continued
- Table 21: Mobivia: Key Facts
- Table 22: Mobivia: Key Employees
- Table 23: Global Exchange Rate, 2018-23
- List of Figures
- Figure 1: Global automotive aftermarket sector value: $ million, 2018-23
- Figure 2: Global automotive aftermarket sector volume: million units, 2018-23
- Figure 3: Global automotive aftermarket sector category segmentation: $ million, 2018-23
- Figure 4: Global automotive aftermarket sector geography segmentation: % share, by value, 2023
- Figure 5: Global automotive aftermarket sector value forecast: $ million, 2023-28
- Figure 6: Global automotive aftermarket sector volume forecast: million units, 2023-28
- Figure 7: Forces driving competition in the global automotive aftermarket sector, 2023
- Figure 8: Drivers of buyer power in the global automotive aftermarket sector, 2023
- Figure 9: Drivers of supplier power in the global automotive aftermarket sector, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the global automotive aftermarket sector, 2023
- Figure 11: Factors influencing the threat of substitutes in the global automotive aftermarket sector, 2023
- Figure 12: Drivers of degree of rivalry in the global automotive aftermarket sector, 2023
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