Major Industry Players (3M, Delphi, The Goodyear Tire & Rubber Company, Cooper Tire & Rubber Company) in Automotive Aftermarket Market 2018-2026

According to a new research published by Polaris Market Research the worldwide Automotive Aftermarket market is anticipated to reach USD 519.2 billion by 2026. In 2017, the tire segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global market.

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The expanding global automotive industry, along with increasing average age of vehicles majorly drives the market growth. Consumers are increasingly becoming aware of proper maintenance and repair of vehicles, which supports market growth. Other factors driving market growth include greater need for long distance travel, technological advancements in telematics technologies, and changing lifestyles. New emerging markets, emerging consumer demographics, and sale through online channels would provide growth opportunities for automotive aftermarket market in the coming years.

The automotive aftermarket market is highly competitive. Vendors offer products and services required for repair and maintenance for wide range of cars, trucks, vans, and buses. Consumers consider factors such as quality, price, convenience, and vehicle age before making informed decisions about repair and maintenance offered by market players.

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Established industries, technological advancements, and high investment in R&D are factors expected to drive the market growth in the region. Asia-pacific is expected to grow at the highest CAGR during the forecast period. This is due to economic growth in countries such as China and India, leading to rising living standards and high disposable income. Expansion of global players into these countries to tap market potential boosts the market growth. Favorable regulations for production of automotive aftermarket components, and poor road infrastructure in developing countries such as India, and Pakistan are expected to augment market growth during the forecast period.

Automotive Aftermarket Market Insights

1. Automotive Aftermarket – Industry snapshot
2. Automotive Aftermarket - Ecosystem analysis
3. Automotive Aftermarket Market Dynamics
1. Automotive Aftermarket – Market Forces
1. Automotive Aftermarket r Market Driver Analysis
2. Automotive Aftermarket Market Restraint/Challenges analysis
3. Automotive Aftermarket Market Opportunity Analysis
2. Industry analysis - Porter's five force
1. Bargaining power of supplier
2. Bargaining power of buyer
3. Threat of substitute
4. Threat of new entrant
5. Degree of competition
3. Automotive Aftermarket Market PEST Analysis, 2017
4. Automotive Aftermarket Market Value Chain Analysis
5. Automotive Aftermarket Industry Trends
6. Competitive Ranking Analysis

Automotive Aftermarket Market Size and Forecast, 2017-2026 by Product

1. Key Findings
2. Tire
3. Wheels
4. Battery
5. Lighting
6. Exhaust Components
7. Body Parts
8. Accessories
9. Telematics
10. Others

Automotive Aftermarket Market Size and Forecast, 2017-2026 by Vehicle Type

1. Key Findings
2. Passenger Vehicles
3. Commercial Vehicles

About us Polaris Market Research

Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.

Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com

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