Press release
Europe Automotive Aftermarket Market Top Key Players – DENSO, Sanden, HVCC, Delphi, Valeo, MAHLE, BITZER, Aotecar, Sanden Huayu, JIANSHE, Suzhou ZhongCheng, Shanghai Guangyu, Subros, Continental AG, 3M Company
After-sales service activities include all activities related to vehicle servicing from the time of initial sale to the end of its useful life. This operation is also called spare parts and service.The word "aftermarket" means all components and services purchased for light and heavy duty vehicles after initial sale, such as parts, accessories, lubricants, visual and service repairs. The term also includes any additional creative services that help optimize vehicle usage.
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EUROPE AUTOMOTIVE AFTERMARKET MARKET DYNAMICS
Competition in the European auto parts sector occurs through two channels: approved channels and Independent Aftermarket (IAM). The car manufacturer or OEM and the connected repair shop (usually a dealer) make up the approved channel.
Automakers work with Tier1 suppliers to produce components sourced through their OEM sales network and used for repair and maintenance in authorized workshops.
The independent aftermarket consists of repairmen who do not belong to a specific vehicle manufacturer. We offer a wide range of branded parts and services. Suppliers in this market rely on wholesale distributors to distribute parts to repair shops.
EUROPE AUTOMOTIVE AFTERMARKET MARKET SEGMENTATION
The Europe Automotive Aftermarket Market can be segmented into following categories for further analysis.
By Usage Part Type
• Tires
• Battery
• Brake Parts
• Filters
• Body Parts
• Lighting and Electronic Components
• Wheels
• Exhaust Components
• Turbochargers
By Vehicle Classification
• Passenger Cars
• LCV
• HCV
• Motorcycle
By Product Sales Conveyance
• Retailers
• Repair Shops
• Wholesalers
• Distributors
RECENT TECHNOLOGICAL TRENDS IN EUROPE AUTOMOTIVE AFTERMARKET MARKET
Cars are made up of moving parts that interact with each other. The transition from internal combustion engines to autonomous, connected, electric and cooperative (ACES) vehicles requires many CEOs to make important long-term choices in the near future.
ACES, for example, requires a significantly different set of parts and associated maintenance services. Leaders must decide when to start supporting ACES. Automotive aftermarket companies now have limited access to end consumers.
On the other hand, online access is becoming more popular while offline commerce is declining. To gain a critical view of demand, aftermarket service providers need to collect data on the behavior and behavior of online consumers.
EUROPE AUTOMOTIVE AFTERMARKET MARKET COMPETITIVE LANDSCAPE
The aftermarket is on the verge of recreating the battle between the two channels over business practices and rules that occurred 10 years ago. The challenge was to require consumers to use approved workshops due to warranty limitations.
However, the measure also prohibits equipment manufacturers from compelling consumers to use authorized repair shops, threatening loss of warranty, making improper claims for warranty-related services, or allowing first-tier suppliers to sell replacement parts on an independent aftermarket. Forbidden to forbid.
EUROPE AUTOMOTIVE AFTERMARKET MARKET COMPANIES PROFILED
• DENSO
• Sanden
• HVCC
• Delphi
• Valeo
• MAHLE
• BITZER
• Aotecar
• Sanden Huayu
• JIANSHE
• Suzhou ZhongCheng
• Shanghai Guangyu
• Subros
• Continental AG
• 3M Company
Read More Information: https://mobilityforesights.com/product/europe-automotive-aftermarket-market/
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We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment. We deal in syndicated research, custom research and consumer research for all the above domains mentioned.
We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.
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