openPR Logo
Press release

U.S. Automotive Aftermarket Market - (3M Company, Lear Corporation, AutoZone, O'Reilly Auto Parts, Advance Auto Parts and Cooper Tire & Rubber Company

05-06-2022 09:07 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketReportsOnline

The U.S. automotive aftermarket is expected to record a value of US$464.9 billion in 2026, growing at a CAGR of 3.08%, for the duration spanning 2022-2026. The factors such as growth in automotive production, upsurge in used car sales, rising number of smartphone users, acceleration in electric vehicle sales and rapid urbanization would drive the growth of the market. However, the market growth would be challenged by expansion of ride-sharing services and rise in aftermarket fraudulent. A few notable trends may include growth in average age of vehicles, expansion of automotive dealer on online platforms and launch of new & advanced car accessories.

Get a Free Sample Copy of U.S. Automotive Aftermarket Market Research Report at https://www.marketreportsonline.com/contacts/requestsample.php?name=860032

The automotive aftermarket in the U.S. is growing enormously, due to the presence of well established automotive industry. The aftermarket in the automotive industry is comprised of the auto services and parts businesses. Favourable government policies, regulations, and subsidies in the U.S. are driving the demand for electric vehicles, leading to the increasing use of lightweight auto parts in the EV production to increase efficiency, which is likely to support the growth of the U.S. automotive aftermarket in coming years.

Key players operating in the automotive aftermarket in the U.S. include 3M Company, Lear Corporation, AutoZone, O'Reilly Auto Parts, Advance Auto Parts and Cooper Tire & Rubber Company. High competition in the market has encouraged key players to gain a competitive edge by focusing on offering high-quality products. With the increasing price competitiveness in the U.S. market, various companies are challenged to provide innovative offerings to help consumers address the changing technologies at an economical price, which is eventually aiding the market growth.

Scope of the report:

- The report provides a comprehensive analysis of the U.S. automotive aftermarket.
- The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
- The company profiles of leading players (3M Company, Lear Corporation, AutoZone, O'Reilly Auto Parts, Advance Auto Parts and Cooper Tire & Rubber Company) are also presented in detail.

Key Target Audience:

- Auto Parts & Components Manufacturers
- Auto Service Providers
- Raw Material Suppliers
- End Users (Automotive Industry, Ecommerce Industry, Business Entities and Consumers)
- Investment Banks
- Government Bodies & Regulating Authorities

Direct Purchase of U.S. Automotive Aftermarket Market Research Report at https://www.marketreportsonline.com/contacts/purchase.php?name=860032

Table of Contents:

1. Overview
1.1 Introduction
1.2 Value Chain of OEM/OES in Aftermarket
1.3 Top Ten Trends in Automotive Aftermarket
1.4 The Future Development Direction of the Automobile Industry
1.5 Automotive Aftermarket Distribution Channels
2. Impact of COVID-19
2.1 Decline in Motor Vehicle Sales
2.2 Downfall in Consumer Spending
2.3 Impact on Automotive Dealership
3. The U.S. Market Analysis
3.1 The U.S. Automotive Aftermarket by Value
3.2 The U.S. Automotive Aftermarket Forecast by Value
3.3 The U.S. Specialty Auto Equipment Market by Value
3.4 The U.S. Specialty Auto Equipment Market Forecast by Value
3.5 The U.S. Specialty Auto Equipment Market by Product Type
3.5.1 The U.S. Auto Accessories & Appearance Products Market by Value
3.5.2 The U.S. Auto Accessories & Appearance Products Market Forecast by Value
3.5.3 The U.S. Auto Performance Products Market by Value
3.5.4 The U.S. Auto Performance Products Market Forecast by Value
3.5.5 The U.S. Wheels, Tires & Suspension Market by Value
3.5.6 The U.S. Wheels, Tires & Suspension Market Forecast by Value ]
3.6 The U.S. Auto Parts Export by Value
3.7 The U.S. Auto Parts Export Forecast by Value
3.8 The U.S. Auto Parts Import by Value
3.9 The U.S. Auto Parts Import Forecast by Value
3.10 The U.S. Auto Parts Import by Regions
3.10.1 The U.S. Auto Parts Import Value from Mexico
3.10.2 The U.S. Auto Parts Import Value from Canada
3.10.3 The U.S. Auto Parts Import Value from Japan
3.10.4 The U.S. Auto Parts Import Value from China
3.10.5 The U.S. Auto Parts Import Value from Germany
3.10.6 The U.S. Auto Parts Import Value from Korea
3.10.7 The U.S. Auto Parts Import Value from Thailand
3.10.8 The U.S. Auto Parts Import Value from Taiwan
3.10.9 The U.S. Auto Parts Import Value from Vietnam
3.10.10 The U.S. Auto Parts Import Value from Italy
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Growth in Automotive Production
4.1.2 Upsurge in Used Car Sales
4.1.3 Rising Number of Smartphone Users
4.1.4 Acceleration in Electric Vehicle Sales
4.1.5 Rapid Urbanization
4.2 Key Trends and Developments
4.2.1 Growth in Average Age of Vehicle
4.2.2 Expansion of Automotive Dealers on Online Platforms
4.2.3 Launch of New and Advanced Car Accessories
4.3 Challenges
4.3.1 Expansion of Ride-sharing Services
4.3.2 Rise in Fraudulent Products
5. Company Profiles
5.1 3M Company
5.1.1 Business Overview
5.2 Lear Corporation
5.2.1 Business Overview
5.3 AutoZone
5.3.1 Business Overview
5.4 O'Reilly Auto Parts
5.4.1 Business Overview
5.5 Advance Auto Parts
5.5.1 Business Overview
5.6 Cooper Tire & Rubber Company
5.6.1 Business Overview

MarketReportsOnline.com is your one stop market research and industry analysis reports' library providing business data and intelligence information on thousands of micro markets with global as well as regional coverage. Category focused research, country reports, company profiles, regional and global industry profiles and guides to premium reports offering extensive coverage of other 20+ industries are all available in our library of syndicated market research reports.

+ 1 888 391 5441
sales@marketreportsonline.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release U.S. Automotive Aftermarket Market - (3M Company, Lear Corporation, AutoZone, O'Reilly Auto Parts, Advance Auto Parts and Cooper Tire & Rubber Company here

News-ID: 2618363 • Views:

More Releases from MarketReportsOnline

US Lettuce & Chicory Market Key Players, Exports & Imports, Size, Share, Demands …
The US lettuce and chicory market is forecasted to reach US$5.09 billion in 2026, experiencing growth at a CAGR of 2.62% during the period spanning from 2022 to 2026. Growth in the lettuce and chicory market is supported by factors such as rising population, rising middle class spending, shift towards veganism/ vegetarianism, increasing awareness regarding the health benefit of chicory and rising social media influence. However, the market growth is
Global Breast Biopsy Market - Hologic, Danaher Corporation, Becton, Dickinson & …
The global breast biopsy market is forecasted to reach US$1.75 billion in 2025, experiencing growth at a CAGR of 8.56% for the period spanning 2022-202. Growth in the global breast biopsy market was supported by factors such as increasing prevalence of breast cancer and rising female population aged 65 or above. Growing adoption of liquid biopsy is likely to have a positive impact on the global breast biopsy market. However,
Global Contract Development & Manufacturing Organization Market - Catalent, Inc. …
The global Contract Development & Manufacturing Organization (CDMO) market is estimated to reach US$246.6 billion in 2026, growing at a CAGR of 9.31%, for the period spanning 2022-2026. The factors such as increasing per capita disposable income, increasing global healthcare expenditure, rising aging population, increasing R&D spending, growing number of new drugs, rise in investments and strategic collaborations and growing demand for pharmaceutical products are expected to drive the market.
Korean Gaming Market (Mobile, PC and Console) - Netmarble, Pearl Abyss, NCSoft, …
The Korean gaming market is anticipated to reach US$20.98 billion in 2026, growing at a CAGR of 6.21% during the period spanning 2022-2026. After the U.S., China, and Japan, it is the fourth largest market, accounting for more than 6% of the worldwide gaming industry in 2021. The growth in the market has been driven by factors like rising smartphone penetration, rapid urbanization, rising gaming subscribers' penetration rate, expansion of MMORPGs,

All 5 Releases


More Releases for Auto

Auto Leads: Revolutionizing Lead Generation for Auto Detailers
Auto Leads, a digital marketing company specializing in helping auto detailers grow their businesses, has quickly become a leader in lead generation for the industry. Founded by Austin Kennedy, a former auto detailer with three years of hands-on experience, Auto Leads offers a solution to help detailers attract high-quality customers, particularly for premium services like Ceramic Coating. What Auto Leads Is Auto Leads focuses on digital marketing solutions for auto detailing businesses,
Winter Park Auto Repair: Cech Auto Unveils Auto Repair Financing, Expert Service …
Image: https://www.getnews.info/wp-content/uploads/2024/10/1730165920.png Cech Auto announces the launch of flexible auto repair financing, offering Winter Park customers accessible payment solutions for essential vehicle maintenance and repairs. A leading Winter Park auto repair [https://www.cechauto.com/] shop, Cech Auto unveils its new auto repair financing option, providing customers with flexible payment solutions for all repair services. With competitive financing plans available, Cech Auto makes essential vehicle maintenance and repairs more accessible, ensuring that customers can address
Auto Locksmith America Revolutionizes Auto Locksmith Services Nationwide
Newsdesk, March 22, 2024 - Auto Locksmith America Revolutionizes Auto Locksmith Services Nationwide Employing state-of-the-art tools and technology, the company ensures a seamless, hassle-free experience for clients. Auto Locksmith America, a prominent auto locksmith company headquartered in Mississippi, unveils its latest suite of services and enticing offers tailored to cater to a spectrum of auto locksmith needs. With nearly 14 years of steadfast service, the company stands as a beacon of
Auto Chess Game Market | Auto Chess, Dota Auto Chess, Hearthstone, Honor Of King …
The global auto chess game market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the auto chess game market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants. From the perspective of market dynamics, this report explores the factors driving the growth
E-Commerce Automotive Aftermarket | (Flipkart, eBay, Auto Zone, Advance Auto Par …
The growing emergence of creative business models is one of the pivotal factors propelling e-commerce automotive aftermarket industry share. At present, the store, brokerage, and social commerce models have been intensely contributing toward the growth of online commerce. Taking into account the growing popularity of electronic commerce across the automotive sector, many giants in e-commerce automotive aftermarket have been making heavy investments to enhance their storage capacity by developing new
Auto Driveaway Provides Reliable and Safe Auto Shipping Services
FOR IMMEDIATE RELEASE Philadelphia, PA: Recently, Auto Driveaway has been awarded for being one of the most reliable and secure auto shipping companies in the country by renowned entities. The company has more than 40 offices across the country that helps to track and update every detail about the consignment. Every delivery is managed professionally resulting in scheduled delivery without providing any damage, dent or issues to the vehicle. The company provides