North America Automotive Aftermarket Market Summary, Competitive Analysis and Forecast to 2027
Summary
Automotive Aftermarket in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The Automotive Aftermarket sector includes the sale of automotive components for use on vehicles after first purchase.
- The North American automotive aftermarket sector had total revenues of $190.5 billion in 2022, representing a compound annual growth rate (CAGR) of 0.7% between 2017 and 2022.
- Sector consumption volumes declined with a negative CAGR of 0.4% between 2017 and 2022, to reach a total of 4.4 billion units in 2022.
- The US dominated the North American automotive sector, accounting for the largest share of 83.4% in 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the automotive aftermarket market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive aftermarket market in North America
- 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 North America automotive aftermarket market with five year forecasts by both value and volume
- What was the size of the North America automotive aftermarket market by value in 2022?
- What will be the size of the North America automotive aftermarket market in 2027?
- What factors are affecting the strength of competition in the North America automotive aftermarket market?
- How has the market performed over the last five years?
- Who are the top competitors in North America'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 opportunities for players in the market?
- 7.4. Have there been any significant contracts or developments recently?
- 8 Company Profiles
- 8.1. AutoZone, Inc.
- 8.2. Tenneco Inc.
- 8.3. Advance Auto Parts Inc
- 8.4. Genuine Parts Company
- 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: North America automotive aftermarket sector value: $ billion, 2017–22
- Table 2: North America automotive aftermarket sector volume: million Units, 2017–22
- Table 3: North America automotive aftermarket sector category segmentation: % share, by value, 2017–2022
- Table 4: North America automotive aftermarket sector category segmentation: $ billion, 2017-2022
- Table 5: North America automotive aftermarket sector geography segmentation: $ billion, 2022
- Table 6: North America automotive aftermarket sector value forecast: $ billion, 2022–27
- Table 7: North America automotive aftermarket sector volume forecast: million Units, 2022–27
- Table 8: AutoZone, Inc.: key facts
- Table 9: AutoZone, Inc.: Annual Financial Ratios
- Table 10: AutoZone, Inc.: Key Employees
- Table 11: AutoZone, Inc.: Key Employees Continued
- Table 12: Tenneco Inc.: key facts
- Table 13: Tenneco Inc.: Annual Financial Ratios
- Table 14: Tenneco Inc.: Key Employees
- Table 15: Tenneco Inc.: Key Employees Continued
- Table 16: Advance Auto Parts Inc: key facts
- Table 17: Advance Auto Parts Inc: Annual Financial Ratios
- Table 18: Advance Auto Parts Inc: Key Employees
- Table 19: Advance Auto Parts Inc: Key Employees Continued
- Table 20: Genuine Parts Company: key facts
- Table 21: Genuine Parts Company: Annual Financial Ratios
- Table 22: Genuine Parts Company: Key Employees
- Table 23: Genuine Parts Company: Key Employees Continued
- Table 24: North America exchange rate, 2018–22
- List of Figures
- Figure 1: North America automotive aftermarket sector value: $ billion, 2017–22
- Figure 2: North America automotive aftermarket sector volume: million Units, 2017–22
- Figure 3: North America automotive aftermarket sector category segmentation: $ billion, 2017-2022
- Figure 4: North America automotive aftermarket sector geography segmentation: % share, by value, 2022
- Figure 5: North America automotive aftermarket sector value forecast: $ billion, 2022–27
- Figure 6: North America automotive aftermarket sector volume forecast: million Units, 2022–27
- Figure 7: Forces driving competition in the automotive aftermarket sector in North America, 2022
- Figure 8: Drivers of buyer power in the automotive aftermarket sector in North America, 2022
- Figure 9: Drivers of supplier power in the automotive aftermarket sector in North America, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the automotive aftermarket sector in North America, 2022
- Figure 11: Factors influencing the threat of substitutes in the automotive aftermarket sector in North America, 2022
- Figure 12: Drivers of degree of rivalry in the automotive aftermarket sector in North America, 2022
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