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Passenger Car Aftermarket Market Outlook, Competitive Status, Segments And Forecast 2025
Get up to 33% off on market research reports at The Business Research Company's holiday sale; buy now! https://www.thebusinessresearchcompany.com/global-market-reports‘Passenger Car Aftermarket Global Market Report 2021– COVID-19 Growth And Change’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing this, and highlights of the opportunities that companies in the industry can take on. The market research report helps gain a truly global perspective of the passenger car aftermarket industry as it covers 60 geographies. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.
The countries covered in the global passenger car aftermarket market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global passenger car aftermarket market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The passenger car aftermarket consists of sales of passenger car aftermarket parts and services. Companies operating in the passenger car aftermarket (parts and services) provide manufacturing, remanufacturing, distribution, retailing, and installation of replacement vehicle parts, equipment, service repair, and automotive accessories. The market includes the sales of the tires, batteries, brakes parts, filters, lightings, and electronic components.
The global passenger cars aftermarket is expected to grow from $230.17 billion in 2020 to $247.49 billion in 2021 at a compound annual growth rate (CAGR) of 7.5%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The passenger car aftermarket is expected to reach $289.37 billion in 2025 at a CAGR of 4%.
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Global passenger car aftermarket market segmentation In TBRC’s Report is:
1) By Type: Tires, Battery, Brake Parts, Filters, Body Parts, Lighting, Wheels, Exhaust Components, Turbochargers, Others
2) By Distribution Channel: Retailers (OEMs, Repiar Shops), Wholesalers & Distributors
3) By Certifiations: Genuine Parts, Certified Parts, Uncertified Parts
Major players in the passenger car aftermarket market are Denso Corporation, Robert Bosch Gmbh, Continental AG, 3M company and Delphi Automotive PLC.
Need More? Read Further On The Passenger Car Aftermarket Market Here:
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The Table of Contents includes:
1. Executive Summary
2. Passenger Car Aftermarket Market Characteristics
3. Passenger Car Aftermarket Market Trends And Strategies
4. Impact Of COVID-19 On Passenger Car Aftermarket
5. Passenger Car Aftermarket Market Size And Growth
.....
27. Passenger Car Aftermarket Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Passenger Car Aftermarket Market
29. Passenger Car Aftermarket Market Future Outlook And Potential Analysis
30. Appendix
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