Automotive Aftermarket Analysis, Key Company Profiles, Types, Applications And Forecast To 2027

By Author: Dittya
Total Articles: 16
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The Global Automotive Aftermarket Market is projected to reach USD 518.04 billion in 2027. The market growth is expected to increase through the digitalization of automobile repair and parts manufacturing, along with advanced technological incorporations of the production of automotive aftermarket components. The growing acceptance of semi-autonomous, electric, and hybrid and independent vehicles is expected to further fuel the growth of the industry.
The study finds that how on certain account threats and challenges can act as a roadblock for the business. A thorough evaluation of the Automotive Aftermarket market in the light of macro-environment such as social, political, economical as well as technological environment add granularity to the overall research. In addition, the study produces real-time data on vital aspects including sales, profits, gross margin and growth prospects to show how going forward the business will witness a substantial upswing.
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Key Highlights From The Report
The emphasis is strongly on digital ...
... methods for the full supply chain processes by the automakers, product suppliers and distributors, and original equipment manufacturers (OEMs).
The digitization of the networks and services would also allow customers to deepen their research and inform about the quality, location, and availability of services in the workshop before buying or repairing their vehicle.
Due to the growing number of weight vehicles and the rising age of the light vehicle fleet, the aftermarket must expand dramatically over the forecast period.
Manufacturers' innovative business models and strategies are anticipated to provide sustained market growth opportunities and rising investment in them.
The automotive aftermarket is expected to undergo a phase change due to the growing proportion of specialist car collision repair centres dedicated to servicing different vehicles, such as alternative fuel-powered vehicles.
North America has a higher acceptance rate of technology, which is expected to result in faster and higher penetration of hybrid electric cars in the area relative to other geographies.
In June 2020, a significant part of Borg Automotive in Silkeborg, Denmark, is purchased by the Danish industrial conglomerate, Schouw&Co., which sets up the sixth portfolio leg-this time within the re-producing component industry and thus initiates a long-term investment in circular economics and sustainability.
Automotive Aftermarket Market Key players in the market include Bridgestone Corporation, Hella KGaA Hueck & Co., Denso Corporation, Continental, ACDelco, Delphi Automotive, Fauraecia, BASF, Robert Bosch, and 3M Company, among others.
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Replacement Part Outlook (Revenue: USD Billion; 2017-2027)
Tire
Battery
Brake Parts
Filters
Body parts
Lighting & Electronic Components
Wheels
Exhaust components
Turbochargers
Others

Certification Outlook (Revenue: USD Billion; 2017-2027)
Genuine Parts
Certified Parts
Uncertified Parts
Service Channel Outlook (Revenue: USD Billion; 2017-2027)
DIY
DIFM
OE
Distribution Channel Outlook (Revenue: USD Billion; 2017-2027)
Retailers
Wholesalers & Distributors
Automotive Aftermarket Market Regional Outlook (Revenue: USD Billion; 2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA
Table of Content
Chapter 1. Methodology & Sources
1.1. Automotive Aftermarket Market Definition
1.2. Automotive Aftermarket Market Research Scope
1.3. Automotive Aftermarket Market Methodology
1.4. Automotive Aftermarket Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Automotive Aftermarket Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Automotive Aftermarket Market Segmentation & Impact Analysis
Continued…