Automotive Parts & Accessories Market Size- By Product, By Application, By Distribution Channel, By Certification- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Automotive Parts & Accessories Market Overview
According to SPER Market Research, the Global Automotive Parts and Components Market is estimated to reach USD 2287.8 billion by 2032 with a CAGR of 3.80%. Aftermarket parts and components for Automobiles are those added after the vehicle has left the manufacturer. This industry includes the sale of equipment, service repair, collision repair, aftermarket accessories, replacement tyres, and equipment. It covers businesses that are engaged in producing, distributing, selling, installing, and remanufacturing all auto parts and accessories.
Impact of COVID-19 on the Automotive Aftermarket Service and Parts Market
The COVID-19 outbreak is still going strong, and it is having a particularly bad effect on the car and transportation industries. These industries are also dealing with levels of uncertainty that have never before been seen. It is predicted that COVID-19 will have a substantial influence on the supply chain and product demand in the automotive aftermarket. The industry's current biggest problem is not the supply chain disruption brought on by China, but rather the general drop in aftermarket product demand.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Product, By Application, By Distribution Channel, By Certification
Regions covered Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered 3M Company, Continental AG, Cooper Tire & Rubber Company, Delphi Automotive PLC, Denco Corporation, Robert Bosch GmbH, Valeo Group, ZF Friedchshafen
Global Automotive Parts & Accessories Market Segmentation:
By Product: Based on the Product, Global Automotive Aftermarket Service and Parts is segmented as; Battery, Body parts, Brake Parts, Filters, Lighting & Electronic Components, Tire, Turbochargers, Wheels, Others
By Application: Based on the Application, Global Automotive Aftermarket Service and Parts is segmented as; DIFM (Do it for Me), DIY (Do it Yourself), OE (Delegating to OEM’s)
By Region: This report also provides the data for key regional segments of Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER’s internal database
- 2.1.4 Premium insight from KOL’s
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Global Automotive Aftermarket Service and Parts Market
- 5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER’S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4. Heat map analysis
- 6. Competitive Landscape
- 6.1 Global Automotive Aftermarket Service and Parts Manufacturing Base Distribution, Sales Area, Product Type
- 6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Automotive Aftermarket Service and Parts Market
- 7. Global Automotive Aftermarket Service and Parts Market, By Product, 2019-2032 (USD Million)
- 7.1. Battery
- 7.2. Body Parts
- 7.3. Brake Parts
- 7.4. Filters
- 7.5. Lighting & Electronic Components
- 7.6. Tyre
- 7.7. Turbochargers
- 7.8. Wheels
- 7.9. Others
- 8. Global Automotive Aftermarket Service and Parts Market, By Application, 2019-2032 (USD Million)
- 8.1 DIFM ( Do it for Me)
- 8.2 DIY ( Do it Yourself )
- 8.3 OE ( Delegating to OEM’s)
- 9. Global Automotive Aftermarket Service and Parts Market, By Distribution Channel, 2019-2032 (USD Million)
- 9.1 Wholesale & Distributers
- 9.2 Retailers
- 9.2.1 OEMs
- 9.2.2 Repair Shops
- 10. Global Automotive Aftermarket Service and Parts Market, By Certification, 2019-2032 (USD Million)
- 10.1 Certified Parts
- 10.2 Genuine Parts
- 10.3 Uncertified Parts
- 11. Global Automotive Aftermarket Service and Parts Market, By Region, 2019-2032 (USD Million)
- 11.1 Global Automotive Aftermarket Service and Parts Market Size and Market Share by Region (2019-2025)
- 11.2 Global Automotive Aftermarket Service and Parts Market Size and Market Share by Region (2026-2032)
- 11.3 Asia-Pacific
- 11.3.1 Australia
- 11.3.2 China
- 11.3.3 India
- 11.3.4 Japan
- 11.3.5 South Korea
- 11.3.6 Rest of Asia-Pacific
- 11.4 Europe
- 11.4.1 France
- 11.4.2 Germany
- 11.4.3 Italy
- 11.4.4 Spain
- 11.4.5 United Kingdom
- 11.4.6 Rest of Europe
- 11.5 Middle East and Africa
- 11.5.1 Kingdom of Saudi Arabia
- 11.5.2 United Arab Emirates
- 11.5.3 Rest of Middle East & Africa
- 11.6 North America
- 11.6.1 Canada
- 11.6.2 Mexico
- 11.6.3 United States
- 11.7 Latin America
- 11.7.1 Argentina
- 11.7.2 Brazil
- 11.7.3 Rest of Latin America
- 12. Company Profiles
- 12.1 3M Company
- 12.1.1 Company details
- 12.1.2 Financial outlook
- 12.1.3 Product summary
- 12.1.4 Recent developments
- 12.2 Continental AG
- 12.2.1 Company details
- 12.2.2 Financial outlook
- 12.2.3 Product summary
- 12.2.4 Recent developments
- 12.3 Cooper Tire & Rubber Company
- 12.3.1 Company details
- 12.3.2 Financial outlook
- 12.3.3 Product summary
- 12.3.4 Recent developments
- 12.4 Delphi Automotive PLC
- 12.4.1 Company details
- 12.4.2 Financial outlook
- 12.4.3 Product summary
- 12.4.4 Recent developments
- 12.5 Denco Corporation
- 12.5.1 Company details
- 12.5.2 Financial outlook
- 12.5.3 Product summary
- 12.5.4 Recent developments
- 12.6 Federal-Mogul Corporation
- 12.6.1 Company details
- 12.6.2 Financial outlook
- 12.6.3 Product summary
- 12.6.4 Recent developments
- 12.7 HELLA KGaA Huek & Co.
- 12.7.1 Company details
- 12.7.2 Financial outlook
- 12.7.3 Product summary
- 12.7.4 Recent developments
- 12.8 Robert Bosch GmbH
- 12.8.1 Company details
- 12.8.2 Financial outlook
- 12.8.3 Product summary
- 12.8.4 Recent developments
- 12.9 Valeo Group
- 12.9.1 Company details
- 12.9.2 Financial outlook
- 12.9.3 Product summary
- 12.9.4 Recent developments
- 12.10 ZF Freidrichshafen
- 12.10.1 Company details
- 12.10.2 Financial outlook
- 12.10.3 Product summary
- 12.10.4 Recent developments
- 13. List of Abbreviations
- 14. Reference Links
- 15. Conclusion
- 16. Research Scope
Research Assistance
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