Press release
Automotive Aftermarket Market Report Helps To Predict Investment In An Emerging Market For The Forecast Period 2027
The Automotive Aftermarket Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies to gain success in the Automotive Aftermarket market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Automotive Aftermarket market.The global Automotive Aftermarket market size is projected to reach US$ 1241790 million by 2027, from US$ 989340 million in 2020, at a CAGR of 3.3% during 2021-2027.
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Top Leading Companies of Global Automotive Aftermarket Market are - Bridgestone, Michelin, Autozone, Genuine Parts Company, Goodyear, Continental, Advance Auto Parts, O'Reilly Auto Parts, Bosch, Tenneco, Belron International, Denso, Driven Brands, China Grand Automotive, Zhongsheng Group, 3M Company, Yongda Group, Monro, Delphi, Tuhu Auto and others.
Market Overview:
The automotive aftermarket is the secondary market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories.
United States is the largest market of the automotive aftermarket with share over 28.8%. China will rank the first worldwide in sales for an eighth straight year.
Bridgestone, Michelin, Autozone, Genuine Parts Company, Goodyear, Continental, Advance Auto Parts, O'Reilly Auto Parts, Bosch are the main players in the market. The top 5 occupied 6% in 2019, the whole market is quite competitive.
Wear and Tear Parts is the most important type of Automotive Aftermarket, its market share is 43% in 2019, then followed by Tire Service and Crash Relevant Parts, which occupied 13.7% and 13.1% respectively.
Passengers car needs more services in automotive aftermarket compared to Commercial Vehicle, it took nearly 70% of the market.
On The Basis of Types: -
Wear and Tear Parts
Crash Relevant Parts
Maintenance Service
Diagnostics Products and Service
Tire Service
Other
On The Basis of Application: -
Passenger Vehicle
Commercial Vehicle
The regions are further sub-divided into:
-North America: US, Mexico, Canada
-Europe: Russia, Ukraine, France, Spain, Sweden, Norway, Germany, Finland, Poland, Italy, United Kingdom, Greece, Austria, Denmark, Switzerland, Netherlands, Belgium, Turkey, Luxembourg
- Asia-Pacific: China, Japan, India, Australia, South Korea, Taiwan, Malaysia, Philippines, Thailand, Singapore
- South America: Brazil, Argentina, Peru, Chile
- Middle East and Africa: Bahrain, Egypt, Israel, Kuwait, Qatar, Saudi Arabia, United Arab Emirates, South Africa
Following are major Table of Content of Automotive Aftermarket Market:
–Overview of Automotive Aftermarket Market
–Global Market Status and Forecast by Regions
–Global Market Status and Forecast by Types
–Global Market Status and Forecast by Downstream Industry
–Market Driving Factor Analysis
–Market Competition Status by Major Manufacturers
–Major Manufacturers Introduction and Market Data
–Upstream and Downstream Market Analysis
–Cost and Gross Margin Analysis
–Marketing Status Analysis
–Market Report Conclusion
–Research Methodology and Reference
Browse Full Report at:
https://www.marketinsightsreports.com/reports/09073233292/global-and-united-states-automotive-aftermarket-market-size-status-and-forecast-2021-2027?Mode=namita
Reasons to Purchase This Report:
-Automotive Aftermarket Market advancement outlooks with the new inventions and SWOT analysis.
-Market elements situation, alongside development chances of the market in the upcoming years.
-Market division investigation including subjective and quantitative exploration fusing the effect of financial and strategy viewpoints.
-Global as well as regional examination incorporating the demand and supply powers that are affecting the development of the market.
-Comprehensive organization profiles covering the product offerings, key financial information, recent developments and strategies by the key players.
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
- 15% customization equal to 60 analyst hours.
CONTACT US:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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