Automotive Aftermarket Market future Scope Demands and Projected Industry Growth By Key Players 3M, Continental AG, Denso Corporation, Federal Mogul, Magneti Marelli S.p.A
The automotive aftermarket is the secondary market for the automobile market with the component of system & services. It is concerned with manufacturing, remanufacturing, distribution, installation of various parts, repairing, etc. The aftermarket has two parts, replacement parts, and accessories. It encompasses parts for replacement, collision, appearance, and performance including electric propulsion.
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The study provides an in-depth analysis of the global Automotive Aftermarket Market to elucidate the prominent investment pockets.
Current trends and future estimations are outlined to determine the overall attractiveness and single out profitable trends to gain a stronger foothold in the market.
The report provides information related to key drivers, restraints, and opportunities and their impact analysis.
The market is analyzed based on various regions, namely, North America, Europe, Asia-Pacific, and LAMEA.
Global Automotive Aftermarket Market - Company Profiles
• Continental AG
• Delphi Technologies
• Denso Corporation
• Federal Mogul
• Magneti Marelli S.p.A
• NGK SPARK PLUG CO., LTD.
• Robert Bosch GmbH
• The Goodyear Tire and Rubber Company
• ZF Friedrichshafen AG (ZF TRW)
Automotive Aftermarket Market report provides an in-depth insight of Industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis. The research report focuses on the leading competitors of the Automotive Aftermarket Market and provides information such as the company overview, product portfolio, key developments, price, cost, value, volume, revenue, capacity, production, and contact information.
A rapid increase in vehicle sales and production is the major factor which is driving the Automotive Aftermarket market. Vehicle components such as filters, deflectors, tires, brake parts, and actuators have a short lifespan, which leads to regular maintenance and replacement of components is expected to contribute tremendous growth in Automotive Aftermarket market. However, improvement by OEMs, car manufacturers towards improvising the components are hampering the automotive aftermarket growth. Rising technological innovation in vehicles and advancement of systems, which include components such as sensors, ECUs, and display screens need regular maintenance, and replacement of electronic components are offering lucrative opportunities to the automotive aftermarket market.
The report analyzes factors affecting Automotive Aftermarket Market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the Automotive Aftermarket Market in these regions.
GLOBAL AUTOMOTIVE AFTERMARKET MARKET SEGMENTATION
Global Automotive Aftermarket Market - By Product
• body parts
Global Automotive Aftermarket Market - By Vehicle Type
• passenger vehicles
• commercial vehicles
Global Automotive Aftermarket Market - By Sales
• professional service stations
Global Automotive Aftermarket Market - By Geography
• North America
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• South America (SAM)
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