Press release
Passenger Car Aftermarket Market Size, Future Insights, Huge Growth, Business Opportunities And Competitive Strategies
Passenger Car Aftermarket Market
The regions covered in the passenger car aftermarket market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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The passenger car aftermarket market 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.
Key competitors in the passenger car aftermarket market are Denso Corporation, Robert Bosch Gmbh, Continental AG, 3M company, Delphi Automotive PLC., ZF friedrichshafen AG, Magneti Marelli S.p.A, Cooper tire & Rubber Company.
The global passenger car aftermarket market size is expected to grow from $216.18 billion in 2021 to $226.33 billion in 2022 at a compound annual growth rate (CAGR) of 4.7%. The growth in the market 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 market is expected to reach $289.37 billion in 2026 at a CAGR of 5.3%.
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TBRC’s report segments the global passenger car aftermarket market:
1) By Type: Tires, Battery, Brake Parts, Filters, Body Parts, Lighting, Wheels, Exhaust Components, Turbochargers, Others
2) By Distribution Channel: Retailers (OEMs, Repair Shops), Wholesalers and Distributors
3) By Certifiations: Genuine Parts, Certified Parts, Uncertified Parts
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
.....
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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