Automotive Aftermarket Market Set for More Growth | Continental AG, Delphi Automotive, Denso, Federal-Mogul

A Latest intelligence report published by AMA Research with title "Global Automotive Aftermarket Market Outlook to 2028. A detailed study accumulated to offer Latest insights about acute features of the Automotive Aftermarket market. This report provides a detailed overview of key factors in the Global Automotive Aftermarket Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development.

Definition: The automotive aftermarket is going in dramatic changes by evolving customer expectations and competitive power. These variations provide the shape of their customers, automotive suppliers, and another aftermarket. The technological developments are expected to disrupt the automotive aftermarket over the next 5 to 10 years. The growth rate of the automotive aftermarket industry is expected to grow at a rate of 3% per annum through 2030. China will become the major driver in the growth of the automotive aftermarket due to the aggressive enhancement of OEMs into aftermarket activities and digitization of channels. The major issue faced by aftermarket suppliers is their ability to survive in the future due to the lack of aftermarket value chain.

Major Players in This Report Include,
3M Company (United States), Continental AG (Germany), Delphi Automotive PLC (Ireland), Denso Corporation (Japan), Federal-Mogul Corporation (United States), Magneti Marelli S.p.A. (Italy), Eaton (Ireland), Robert Bosch GmbH (Germany), McKinsey & Company (United States), Cerasis (United States)

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Global Automotive Aftermarket the manufacturing cost structure analysis of the market is based on the core chain structure, engineering process, raw materials and suppliers. The manufacturing plant has been developed for market needs and new technology development. In addition, Global Automotive Aftermarket Market attractiveness according to country, end-user, and other measures is also provided, permitting the reader to gauge the most useful or commercial areas for investments. The study also provides special chapter designed (qualitative) to highlights issues faced by industry players in their production cycle and supply chain.

The Global Automotive Aftermarket Market segments and Market Data Break Down are illuminated below: by Sales Channels (OEM, IAM, OES, Aftermarket), Categories (Additives and Performance Chemicals, Automotive Batteries, Automotive Tire & Tubes, Collision Repair Equipment, Diagnostic Equipment, Garage Equipment & Tools, Mechanical Handling & Testing Equipment, Replacement Parts), Vehicle (Light-Duty Vehicle, Medium-Duty Vehicle, Heavy-Duty Vehicle)

Market Trend
High Growth in Digitization of Channels Such As E-Commerce, Raising the Price Transparency for the Customers
Rapid Adoption of New Technologies Such As Big Data and Advanced Analytics for both Revenue and Cost Sides

Market Drivers
The emergence of Next-Generation Vehicles Such As Green Consciousness, Autonomous Driving, Connected Vehicles
Increase the Average Age of Vehicles
Growing Importance of Fleet Customers Require Differentiated Service Offerings

Opportunities
High Growth in Gas and Hybrid Cars among Electrical Vehicles

Challenges
Rapid Changes in Consumer Behaviours
Future Replacement Rates
High Impact of Low-Cost Country Imports

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Geographically World Global Automotive Aftermarket markets can be classified as North America, Europe, Asia Pacific (APAC), Middle East and Africa and Latin America. North America has gained a leading position in the global market and is expected to remain in place for years to come. The growing demand for Global Automotive Aftermarket markets will drive growth in the North American market over the next few years.
In the last section of the report, the companies responsible for increasing the sales in the Global Automotive Aftermarket Market have been presented. These companies have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the application and product type introduced by each of these companies also form a key part of this section of the report. The recent enhancements that took place in the global market and their influence on the future growth of the market have also been presented through this study.

Report Highlights:
• Comprehensive overview of parent market & substitute market
• In-depth market segmentation (Trends, Growth with Historical & Forecast Analysis)
• Recent industry trends and development activity
• Competitive landscape (Heat Map Analysis for Emerging Players & Market Share Analysis for Major Players along with detailed Profiles)

Strategic Points Covered in Table of Content of Global Automotive Aftermarket Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Automotive Aftermarket market
Chapter 2: Exclusive Summary - the basic information of the Automotive Aftermarket Market.
Chapter 3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Automotive Aftermarket;
Chapter 4: Presenting the Automotive Aftermarket Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2017-2022
Chapter 6: Evaluating the leading manufacturers of the Automotive Aftermarket market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2028)
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Key questions answered
• Who are the Leading key players and what are their Key Business plans in the Global Automotive Aftermarket market?
• What are the key concerns of the five forces analysis of the Global Automotive Aftermarket market?
• What are different prospects and threats faced by the dealers in the Global Automotive Aftermarket market?
• What possible measures players are taking to overcome and stabilize the situation?

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Asia.

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