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Automotive Aftermarket Industry 2018 Key Players are Magneti Marelli, Continental AG, 3M, Akebone Brake corporation, Delphi, Federal-Mogul, Denso, Robert Bosch, ACDElco, ASIMCO Technologies, Shandong Zhengnuo

Automotive Aftermarket

Automotive Aftermarket

Market Overview:-

Global Automotive Aftermarket Industry is likely to witness lucrative gains owing to shifting consumer focus toward the comfort, appearance, and the performance of vehicles. The subsequent wear and tear of existing automobiles will lead to car owners wanting to replace old parts, enhance the vehicle’s appearance, and replace the car’s internal components for improved efficiency and safety. Moreover, the commendable improvement in the economic stability of the consumers and the consequent rise in disposable income is another major factor propelling the automotive aftermarket industry trends. According to Global Market Insights, Inc., Worldwide Automotive Aftermarket generated a revenue of USD 450 billion in 2015 and will exhibit CAGR beyond 4.5% over the period of 2016 to 2024.

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OEM, professional, and DIY are the sales outlets of automotive aftermarket. Professional sales outlet channel generated a revenue of USD 300 billion in 2015 and will record considerable CAGR over the coming timeframe. The fact that car owners will opt for product warranty, high reliability, and excellent product quality is likely to drive automotive aftermarket from professional sales outlets.

Top Key Players:-     

The key players of global Automotive Aftermarket Industry are Continental AG, 3M Company, Akebone Brake corporation, Delphi, Federal-Mogul, Denso, Magneti Marelli, Robert Bosch, ACDElco, ASIMCO Technologies, Shandong Zhengnuo Group Co., Ltd., ALCO Filters and Cooper tire and rubber company.

Regional Segmentations:-

Asia Pacific automotive aftermarket collected a revenue of USD 90 billion in 2015 and will register an annual growth rate of more than 6% over the period of 2016 to 2024. Supportive FDI (foreign direct investment) policies will promote manufacturers to invest heavily in automotive aftermarket. Moreover, the rise in per capita income will also propel the growth of this industry in the APAC regions, especially across India and China, which are slated to be the prominent revenue contributors.

In 2015, North America automotive aftermarket was worth USD 165 billion and is predicted to generate considerable revenue over the coming seven years. Significant R&D activities and innovative technological enhancements will favorably influence the industry growth.

Latin America automotive aftermarket share will exhibit notable annual growth rate of more than 5% over the coming years of 2016 to 2024. The growth can be attributed to the increasing demand for the product due to the fact that the region houses cars that are practically more than a decade old and will need significant repairs. Mexico will contribute significantly toward the regional revenue share.

Europe automotive aftermarket will collect a considerable revenue over the years ahead with a CAGR of more than 4% over the coming seven years. The attributing factors toward the market growth are increasing product demand as well as the availability of a large number of OEMs. Germany, Russia, and UK will be the prominent contributors.

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Major Points of Table Of Content:-

Chapter 3.    Automotive Aftermarket Industry Insights

3.1.    Industry segmentation

3.2.    Industry size and forecast, 2013 – 2024 (USD Million)

3.3.    Industry ecosystem analysis

3.3.1.    Vendor matrix

3.3.2.    Margin analysis

3.3.2.1.    Manufacturer

3.3.2.2.    Distributor 

3.3.3.    Distribution channel analysis

3.4.    Technology & innovation landscape

3.5.    Regulatory landscape

3.5.1.    Vehicle parts standards

3.5.2.    NHTSA regulations

3.5.2.1.    China

3.5.2.1.1.    The 11th Five-Year Plan

3.5.2.1.2.    Vehicle emission regulations

3.5.2.2.    U.S.

3.5.2.3.    Germany

3.5.2.4.    India 

3.5.2.4.1.    Contract manufacturing scenario

3.6.    Global automotive industry overview

3.6.1.    Major automotive trends

3.6.2.    Advantages of manufacturing 

3.6.2.1.    OEM versus aftermarket 

3.6.2.2.    Opportunities

3.6.2.3.    Service market overview

3.6.3.    Vehicle parc (on road) statistics

3.6.3.1.    Historical data 2006 – 2015 

3.6.3.1.1.    North America

3.6.3.1.2.    Europe

3.6.3.1.3.    APAC

3.6.3.1.4.    LATAM

3.6.3.1.5.    MEA

3.6.3.2.    Estimated & forecast data 2016 – 2024 

3.6.3.2.1.    North America

3.6.3.2.2.    Europe

3.6.3.2.3.    APAC

3.6.3.2.4.    LATAM

3.6.3.2.5.    MEA

3.6.4.    Collision statistics by country 2010 – 2016

3.6.4.1.    U.S.

3.6.4.2.    Canada

3.6.4.3.    Germany

3.6.4.4.    UK

3.6.4.5.    Russia

3.6.4.6.    China

3.6.4.7.    India 

3.6.4.8.    Japan

3.6.4.9.    Brazil

3.6.4.10.    Mexico

3.6.4.11.    South Africa

3.6.5.    Insurance landscape

3.6.5.1.1.    North America

3.6.5.1.2.    Europe

3.6.5.1.3.    APAC

3.6.5.1.4.    LATAM

3.6.5.1.5.    MEA

3.7.    Trade statistics 

3.7.1.    Top 10 exporters

3.7.1.1.    Export tariffs 

3.7.2.    Top 10 importers 

3.7.2.1.    Import tariffs 

3.8.    Global automotive aftermarket industry share by vehicle, 2015 & 2024

3.8.1.    0-5-year-old 

3.8.2.    6-10-year-old 

3.8.3.    More than 10-year-old 

3.9.    Industry impact forces

3.9.1.    Growth drivers

3.9.1.1.    Demand drivers 

3.9.1.2.    Supply drivers

3.9.2.    Industry pitfalls & challenges

3.10.    Growth potential analysis 

3.11.    Porter's analysis

3.12.    Competitive landscape, 2015

3.12.1.    Strategic dashboard

3.13.    PESTEL analysis

Chapter 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)

Browse Full Report @ https://www.gminsights.com/industry-analysis/automotive-aftermarket

Based on the product, this market is mainly divided into two categories, namely, accessories and replacement parts. The accessories product segment will record flourishing growth rate over the coming seven years. These products are extensively used to enhance safety function, performance, and appearance of vehicle parts such as wings, alloy wheels, spoilers, styling seats, graphics. Changing preferences of customers toward comfort and aesthetically pleasing features will boost the product demand noticeably.

Replacement parts held the maximum share of automotive aftermarket with a revenue contribution of USD 350 billion in 2015. Owing to the fact that damaged parts contribute to sluggish vehicle performance, replacement parts need to be deployed in automobiles to enhance the performance and improve its appearance. The massive usage of lighting, clutch, exhaust, belt, electrical, suspension, filters, brake, wiper, and engine & AC will spur automotive aftermarket from replacement parts.

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
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Email: sales@gminsights.com
Web: www.gminsights.com

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