Press release
Automotive Aftermarket Market Size Worth US$ 735.13 Billion | Opportunity Analysis By 2032
New York, April 04, 2024 (Polaris Market Research) The global Automotive Aftermarket Market is expected to reach USD 735.13 Billion by 2032, growing at a 5.5% CAGR from 2024-2032. It was valued at USD 456.42 Billion in 2023. The market is confronting notable growth and is anticipated to persevere augmenting in the coming years.The automotive aftermarket circumscribes components for renewal, striking, advent, and performance. Aftermarket components are also renewal parts that actual instrument makers do not configure. They are usually utilized to renew defaced parts in automobiles and alternate instruments and can also be utilized for improving and conformity.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/automotive-aftermarket-market/request-for-sample
They are homogeneous to generic pharmaceuticals in that they are cost-effective and brand-name drugs; however, they seem to be just as successful.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
Technological expansion and growing funding in R&D ventures by makers and coalitions are anticipated to push the industry's growth.
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐๐ฃ๐จ๐ซ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐จ๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข 3M Company
โข Continental AG
โข Cooper Tire & Rubber Company
โข Delphi Automotive PLC
โข Denso Corporation
โข Federal-Mogul Corporation
โข HELLA KGaA Hueck & Co.
โข Robert Bosch GmbH
โข Valeo Group
โข ZF Friedrichshafen AG
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/16/2
๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข The automotive aftermarket market demand is on the rise due to the tracking of automobile drivers to improve their vehicle presentation in context to exhaust sound, speed and advent variables together with several other aspects.
โข Technological enhancements in actuation have generated several occasions in the market. The developing digitalization is expected to convey an escalated influence on the industry as an increasing aggregate of people lean towards the Internet of Things and digitalization trends.
โข Asia Pacific dominated the market with the largest share in 2023.
โข North America is expected to grow at the quickest rate during the forecast period.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
โข Wholesalers & Distributors
โข Retailers
o Repair Shops
o OEMs
๐๐ฒ ๐๐๐ฉ๐ฅ๐๐๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ญ๐ฌ
โข Battery
โข Turbochargers
โข Lighting & Electronic Components
โข Exhaust Components
โข Body Parts
โข Filters
โข Brake Parts
โข Tire
โข Wheels
โข Others
๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/automotive-aftermarket-market
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ญ๐๐ซ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข The Tire segment dominated the revenue share in 2022. It is projected to maintain its leading position in the market due to the relatively low replacement cycle of tires in comparison to other component counterparts. Aftermarket replacement part suppliers encompass a variety of accessory suppliers, lubricants, tire suppliers, and other component replacement providers.
โข The Wholesale & Distribution segment is set for accelerated revenue growth. Automotive aftermarket economies are integral to the holistic automotive manufacturing and maintenance system, ensuring the timely replacement of automotive components to uphold overall vehicle performance.
โข The global key market players include Leading automotive companies include 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, and ZF Friedrichshafen AG.
๐๐จ๐ฉ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐๐จ๐๐๐ง๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
https://www.openpr.com/news/3413616/rodenticides-market-analysis-understanding-demand-supply
๐๐ข๐ฅ๐ข๐ญ๐๐ซ๐ฒ ๐๐ซ๐จ๐ง๐ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3413627/military-drone-market-outlook-trends-top-players-latest
๐๐๐ซ๐ ๐๐จ๐๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3413638/hard-coating-market-evolution-exploring-growth-factors
๐ ๐ฅ๐ฎ๐จ๐ซ๐๐ฌ๐๐๐ง๐ญ ๐๐ข๐ ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3413643/challenges-and-opportunities-in-the-fluorescent-pigment
๐๐๐๐ฒ๐๐ฅ๐ข๐ง๐ ๐๐๐ญ๐๐ซ ๐ ๐ข๐ฅ๐ญ๐ซ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3416015/recycling-water-filtration-market-2024-growth-prospects
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
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New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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