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Automotive AfterMarket Size to USD 510.31 Billion by 2028 | Current Trends and Industry Analysis

10-03-2023 08:58 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Exactitude consultancy

Automotive AfterMarket

Automotive AfterMarket

The global automotive aftermarket market is projected to reach USD 510.31 Billion by 2028 from USD 387.54 Billion in 2022, at a CAGR of 3.5% from 2023 to 2028.

Exactitude Consultancy research's "Automotive After Market Forecast" study report focuses at sales and the overall global market for Automotive After in 2022. The sales forecast for Automotive After by region and market sector for the years 2023 through 2028 is then thoroughly analyzed. This study provides a comprehensive analysis of the global Automotive Aftermarket, with sales of Automotive After broken down by region, market sector, and sub-sector, in US$ million.

Based on market dynamics and development-promoting variables, the Automotive After Market research assesses market valuation and growth rate. On the most recent business prospects, trends, and news in the sector. Along with a SWOT analysis of the major suppliers, the research also includes a thorough market study and vendor landscape.

"We Do Offer Sample of this report. Kindly go through the follow information in order to access the report."

Receive Sample of Research Report @ https://exactitudeconsultancy.com/reports/12388/automotive-aftermarket-market/#request-a-sample

competitive analysis

The research identifies the key establishes that will drive growth since demand is determined by a buyer's financial resources and the rate at which an item develops. Key companies and new entrants can gain insight into the spending reports of major market participants in this area, which will help them better appreciate the possibilities for investment in the global Automotive After market. It can be used more effectively by both established and up-and-coming players in the market to gain a thorough understanding of the sector.

Major companies in Automotive After Market are:

3M Company, Continental AG, Cooper Tire & Rubber Company, Delphi Automotive PLC, Denso Corporation, Federal-Mogul Corporation, HELLA KGaA Hueck & Co., Robert Bosch GmbH, Valeo Group, ZF Friedrichshafen AG

Recent Developments:

April 2021 - Lippert Components Inc. announced the acquisition of Kaspar Ranch Hand Equipment, LLC. With this acquisition, Lippert Components Inc.'s aimed to expand its presence in the automotive parts aftermarket.

February 2020 - MotoRad LTD. partnered with the Automotive Aftermarket Suppliers Association (AASA) and Auto Care Association to endorse the "Your Car. Your Data. Your Choice." Campaign. This campaign was launched to inform vehicle owners about their automobiles' data with vital maintenance and repair information.
Automotive After Market Segmentation:

Automotive Aftermarket by Replacement Parts, 2022-2028, (In USD Million)

Tire

Battery

Brake Parts

Filters

Body Parts

Lighting And Electronic Component

Wheels

Exhaust Component

Turbochargers

Automotive Aftermarket by Distribution Channel, 2022-2028, (In USD Million)

Retailers

OEMS

Repair Shops

Wholesalers And Distributors

Automotive Aftermarket by Service Channel, 2022-2028, (In USD Million)

DIY

DIFM

OE

Automotive Aftermarket by Certification, 2022-2028, (In USD Million)

Genuine Parts

Certified Parts

Uncertified Parts

Regions, 2022-2028, (In USD Million)

North America

Europe

Asia Pacific

South America

Middle East and Africa

Important Countries in All Regions Are Covered

Our market analysts are professionals at carefully categorizing the global Automotive After market into various categories and assessing each segment's growth potential in detail. The research study begins with a comparison of the segments' consumption and growth rates throughout a nine-year assessment period. The report's segmentation study, which considers the market potential of the various categories examined, provides an excellent understanding of the global Automotive After market. Businesses can better understand their target market by segmenting it, which enables them to create marketing plans and products that are tailored to particular categories. Here are two typical methods for market segmentation: by kind and by application.

This report also splits the market by region:

The United States, Canada, and Mexico make up North America, while Germany, France, the United Kingdom, the Netherlands, Switzerland, Belgium, Russia, Italy, Spain, and Turkey make up Europe. Other countries covered in the report include China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and the rest of Asia-Pacific (APAC). Saudi Arabia, the United Arab Emirates, Israel, Egypt, South Africa, and the rest of the Middle East and Africa (MEA) are also included.

The overall part of the research also lists specific market-impacting variables and domestic market regulation changes that have an effect on the market's present and future tendencies. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.

Strategic Points Covered in Table of Content of Global Automotive After Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Automotive Aftermarket
Chapter 2: Exclusive Summary - the basic information of the Automotive After Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Automotive After
Chapter 4: Presenting the Automotive After 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
Chapter 6: Evaluating the leading manufacturers of the Automotive Aftemarket 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
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Browse a Detailed Summary of the Research Report @ https://exactitudeconsultancy.com/reports/12388/automotive-aftermarket-market/#request-a-sample

Thank you for reading it all the way to this point.

Connect Us:

PHONE NUMBER +1 (704) 266-3234

EMAIL ADDRESS: sales@exactitudeconsultancy.com  

About Us

Exactitude Consultancy is a Market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our professional team works hard to fetch the most authentic research reports backed with impeccable data figures which guarantee outstanding results every time for you. So, whether it is the latest report from the researchers or a custom requirement, our team is here to help you in the best possible way.

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