Automotive Aftermarket Market 2022-2026: Industry Analysis, Market Trends, Growth, Opportunities, and Forecast

The global automotive aftermarket market size is expected to grow from $331.21 billion in 2021 to $346.37 billion in 2022 at a compound annual growth rate (CAGR) of 4.58%. The growth in the market is mainly due to the companies rearranging their operations and 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 global automotive aftermarket size is expected to reach $606.66 billion in 2026 at a CAGR of 15.04%.

The Business Research Company offers the Automotive Aftermarket Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

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The automotive aftermarket market consists of sales of automotive aftermarket products and related services by entities (organizations, sole traders, and partnerships) that provide automotive aftermarket solutions. Automotive aftermarket is the secondary market of the automotive industry, concerned with the manufacturing, supply, retail, and installation of all vehicle parts, tools, machines and accessories for light and heavy vehicles, after the sale of the automobile by the OEM (original equipment manufacturer). Aftermarket parts, also called as generic parts or non-OEM parts, are made by a manufacturer other than the vehicle's original manufacturer. These parts perform the same function as the original part and can be utilized as a replacement for original parts during repair and maintenance.

Some key automotive aftermarket market players are 3M Multinational conglomerate company, Continental AG, Delphi Automotive PLC, Federal-Mogul Corporation, COOPER TIRE & RUBBER COMPANY, Magneti Marelli S.p.A., Robert Bosch GmbH, Denso Corporation, ZF Friedrichshafen AG, AISIN SEIKI CO., LTD., Royal Dutch Shell PLC, Lear Corporation, Exide Technologies, Inc., Johnsons Controls Inc., and Goodyear Tire & Rubber Company.

The countries covered in the global automotive 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 automotive aftermarket market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Automotive aftermarket Market Segmentation:
1) By Type: Tire, Battery, Brake Parts, Filters, Body Parts, Lighting and Electronic Components, Wheels, Exhaust Components, Turbochargers
2) By Vehicle Type: Passenger Cars, Commercial Vehicles
3) By Certification Outlook: Genuine Parts, Certified Parts, Uncertified Parts
4) By Distribution Channel: Offline Distribution Channel, Online Distribution Channel

See more on the report at https://www.thebusinessresearchcompany.com/report/automotive-aftermarket-global-market-report

The Report's Table Of Contents includes
1. Executive Summary
2. Automotive Aftermarket Market Characteristics
3. Automotive Aftermarket Market Trends And Strategies
4. Impact Of COVID-19 On Automotive Aftermarket
5. Automotive Aftermarket Market Size And Growth
....
27. Automotive Aftermarket Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Aftermarket Market
29. Automotive Aftermarket Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the automotive aftermarket market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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