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Automotive Aftermarket Industry 2018 Top Key Participants: Delphi, Denso, Robert Bosch, ASIMCO, Akebone Brake, Magneti Marelli, Continental AG, 3M, Federal Mogul

08-01-2018 05:30 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights, Inc.

Automotive Aftermarket Industry

Automotive Aftermarket Industry

Market Overview:-

Global Automotive Aftermarket Industry is led by replacement parts accounting for over USD 350 billion in 2015. These parts are used as replacement over original auto parts after wear & tear, damage or reduction in vehicle performance.

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Expansion in e-commerce market coupled with increasing online sales for replacement parts will drive the automotive aftermarket industry growth. Legal concerns including patent and copyright infringement may restrain the market growth.

Top Key Players:-

The key players of global Automotive Aftermarket Industry are 3M, Delphi, Denso, Robert Bosch, ASIMCO, Akebone Brake Co, Magneti Marelli, Continental AG, Federal Mogul, ALCO Filters and Cooper tires and Shandong Zhengnuo Group.

Regional Segmentations:-

North America automotive aftermarket industry was valued more than USD 165 billion in 2015. Large presence of consumer base as well as manufacturing facilities will drive the business growth. Moreover, extensive research and development activities and rapid technological developments in the region will drive the product demand.

Europe, dominated by Germany, Russia and UK automotive aftermarket will witness growth over 4% up to 2024. Growing number of manufacturing and service outlets is likely to provide lucrative opportunities for market growth in the region. Stringent government regulations on fuel efficiency has increased the demand for maintenance and repairs among the customers.

Asia-Pacific, led by India and China was valued around USD 90 billion in 2015. The region is the fastest growing automotive aftermarket industry owing to increasing automotive sales coupled with rising population. High workforce, easy availability of land and economic resources will further foster the product scope.

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Major Points of Table Of Content:-

4. Automotive Aftermarket Industry, By Product

4.1. Global Automotive aftermarket industry share by product, 2015 & 2024 (USD Million)
4.2. Replacement Parts
4.2.1. Market estimates and forecast, 2013 – 2024 (USD Million)
4.2.2. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
4.2.3. Belt
4.2.3.1. Market estimates and forecast, 2013 – 2024 (USD Million)
4.2.3.2. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
4.2.4. Brakes
4.2.4.1. Market estimates and forecast, 2013 – 2024 (USD Million)
4.2.4.2. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
4.2.5. Clutch
4.2.5.1. Market estimates and forecast, 2013 - 2024(USD Million)
4.2.5.2. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
4.2.6. Electrical parts
4.2.6.1. Market estimates and forecast, 2013 - 2024(USD Million)
4.2.6.2. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
4.2.7. Lighting
4.2.7.1. Market estimates and forecast, 2013 - 2024(USD Million)
4.2.7.2. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
4.2.8. Engine & AC Parts
4.2.8.1. Market estimates and forecast, 2013 - 2024(USD Million)
4.2.8.2. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
4.2.9. Exhaust
4.2.9.1. Market estimates and forecast, 2013 - 2024(USD Million)
4.2.9.2. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
4.2.10. Filters
4.2.10.1. Market estimates and forecast, 2013 - 2024(USD Million)
4.2.10.2. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
4.2.11. Suspension
4.2.11.1. Market estimates and forecast, 2013 - 2024(USD Million)
4.2.11.2. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
4.2.12. Transmission
4.2.12.1. Market estimates and forecast, 2013 - 2024(USD Million)
4.2.12.2. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
4.2.13. Wiper parts
4.2.13.1. Market estimates and forecast, 2013 - 2024(USD Million)
4.2.13.2. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
4.2.14. Others (Batteries, collision body, tires and wheels)
4.2.14.1. Market estimates and forecast, 2013 - 2024(USD Million)
4.2.14.2. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
4.3. Accessories
4.3.1. Market estimates and forecast, 2013 – 2024 (USD Million)
4.3.2. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
4.3.3. Exteriors
4.3.3.1. Market estimates and forecast, 2013 - 2024(USD Million)
4.3.3.2. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
4.3.4. Interiors
4.3.4.1. Market estimates and forecast, 2013 - 2024(USD Million)
4.3.4.2. Market estimates and forecast, by region, 2013 – 2024 (USD Million)

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Professional channel dominates the market with market around USD 300 billion in 2015. Increased provision for the after-sale services offered by the auto manufacturer will fuel automotive aftermarket industry. Additional conveniences including pick & drop services, discounts on reliable & quality auto parts is driving the automotive aftermarket industry.

Growing automotive industries coupled with rise in manufacturing facilities for vehicle parts will propel the market growth. Increasing preference for vehicle safety, comfort, periodic maintenance and improving efficiency will drive the revenue growth.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Auto Blog: http://freeautomotivenews.com
Email: sales@gminsights.com
Web: www.gminsights.com

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