Press release
Automotive Aftermarket Market May Set a New Growth Story | Bridgestone, Continental AG, DENSO, Michelin Group, Valeo SA
Automotive Aftermarket Market
The Automotive Aftermarket Market has witnessed continuous growth in the past few years and is projected to grow at a good pace during the forecast period of 2024-2030. The exploration provides a 360° view and insights, highlighting major outcomes of Automotive Aftermarket industry. These insights help business decision-makers to formulate better business plans and make informed decisions to improve profitability. Additionally, the study helps venture or emerging players in understanding the businesses to make well-informed decisions. Some of the major and emerging players within the market are Bridgestone Corporation (Japan), Continental AG (Germany), Cooper Tire & Rubber Company (United States), Delphi Technologies (United Kingdom), DENSO Corporation (Japan), Faurecia (France), Federal-Mogul LLC (United States), Genuine Parts Company (United States), HELLA GmbH & Co. (Germany), LKQ Corporation (United States), Magneti Marelli (Italy), Mahle (Germany), Michelin Group (France), NGK Spark Plug Co. Ltd. (Japan), Robert Bosch GmbH (Germany), Schaeffler (Germany), Tenneco Inc. (United States), Valeo SA (France), ZF Friedrichshafen AG (Germany), Others.
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The market is segmented by Global Automotive Aftermarket Market Breakdown by Application (Passenger Vehicles, Commercial Vehicles, By Certification-, Genuine Parts, Certified Parts, Uncertified Parts) by Type (Tires, Brake Pads, Windscreen Wash, Oil Filters, Antifreeze or Coolant, Air Filters, Others) by Sales Channel (Online, Offline) by Certification (Genuine Parts, Certified Parts, Uncertified Parts) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
Definition:
The secondary market for auto parts, accessories, equipment, and services is known as the automotive aftermarket. It includes all goods and services needed for automobile upkeep, repairs, upgrades, and enhancements following a vehicle's sale from the original equipment manufacturer (OEM). It comprises products like stereos, navigation systems, body kits, custom wheels, and performance-enhancing parts that are made to improve the look, feel, or performance of automobiles. Automotive aftermarket parts are used by independent garages, repair shops, and service centers for standard maintenance (such tire rotations and oil changes) and repairs (like engine repairs and brake replacements). Furthermore, mechanics and technicians utilize it mostly to work on and maintain automobiles.
By end users/application, the market is sub-segmented as: Passenger Vehicles, Commercial Vehicles, By Certification-, Genuine Parts, Certified Parts, Uncertified Parts
Breakdown by type, the market is categorized as: Tires, Brake Pads, Windscreen Wash, Oil Filters, Antifreeze or Coolant, Air Filters, Others
Players profiled in the report: Bridgestone Corporation (Japan), Continental AG (Germany), Cooper Tire & Rubber Company (United States), Delphi Technologies (United Kingdom), DENSO Corporation (Japan), Faurecia (France), Federal-Mogul LLC (United States), Genuine Parts Company (United States), HELLA GmbH & Co. (Germany), LKQ Corporation (United States), Magneti Marelli (Italy), Mahle (Germany), Michelin Group (France), NGK Spark Plug Co. Ltd. (Japan), Robert Bosch GmbH (Germany), Schaeffler (Germany), Tenneco Inc. (United States), Valeo SA (France), ZF Friedrichshafen AG (Germany), Others
Regional Analysis for Automotive Aftermarket Market includes: North America, Europe, Asia-Pacific, South America, Africa, etc
The Global Automotive Aftermarket Market study covers ongoing status, % share, upcoming growth patterns, development cycle, SWOT analysis, sales channels & distributions to anticipate trending scenarios for years to come. It aims to recommend an analysis of the market by trend analysis, segment breakdown, and players' contribution in Automotive Aftermarket market upliftment. The market is sized by 5 major regions i.e., North America, Europe, Asia Pacific (includes Asia & Oceania separately), Middle East and Africa (MEA), and Latin America, and further broken down by 18+ jurisdictions or countries like China, the UK, Germany, United States, France, Japan, India, group of Southeast Asian & Nordic countries, etc.
Have different Market Scope & Business Objectives; Enquire for customized study @ https://www.htfmarketintelligence.com/enquiry-before-buy/global-automotive-aftermarket-market?utm_source=Ganesh_OpenPR&utm_id=Ganesh
For Consumer-Centric data, demand-side or survey analysis can be added in the final deliverable as part of customization that would include analysis and consumer behavior of Automotive Aftermarket Market by demographic factors such as Age, Gender, Occupation, Income Level or Education. {*subject to data availability and feasibility}
Consumer Traits Includes Following Patterns**
Consumer Buying patterns (e.g., comfort & convenience, economical, pride)
Customer Lifestyle (e.g., health conscious, family orientated, community active)
Expectations (e.g., service, quality, risk, influence)
Major Highlights from the Global Automotive Aftermarket Market factored in the Analysis:
Automotive Aftermarket Market Measures & Parameters Addressed in Study: The report highlights Automotive Aftermarket market features such as segment revenue, weighted average selling price by region, capacity utilization rate, production & production value, % gross margin by company, consumption, import & export, demand & supply, cost bench-marking of the finished product in Automotive Aftermarket Industry, market share and annualized growth rate (Y-o-Y) and % CAGR.
Major Strategic Automotive Aftermarket Market Developments: Activities such as Research & Development (R&D) by phase, ongoing and completed Merger & Acquisition (M&A) [deal value, purpose, effective year], Joint ventures (JVs), Technological tie-ups, Suppliers partnerships & collaborations, agreements, new launches, etc taken by Automotive Aftermarket Industry players during the projected timeframe of the study.
What unique qualitative insights are included in Automotive Aftermarket Market research study?
The Global Automotive Aftermarket Market report provides rigorously studied and evaluated data of the top industry players and their scope in the market by means of various analytical tools. To gain a deep dive analysis; qualitative commentary on changing market dynamics {drivers, restraints & opportunities}, PESTLE, 5-Forces, Feasibility study, BCG matrix (% Share vs % Growth), SWOT by players, Heat Map analysis, etc have been provided to better correlate key players product offering in the market.
Buy Latest Edition of Study @ https://www.htfmarketintelligence.com/buy-now?format=3&report=10692?utm_source=Ganesh_OpenPR&utm_id=Ganesh
Extracts from Table of Contents:
1. Automotive Aftermarket Market Overview
- Market Snapshot
- Definition
- Product Classification
2. Automotive Aftermarket Market Dynamics
- Drivers, Trends, Restraints......
- Market Factors Analysis
3. New Entrants and Entry-barriers
4. Standardization, Regulatory and collaborative initiatives
- Manufacturing Process Analysis
- Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers
5. Global Automotive Aftermarket Market Competition by Manufacturers (2023-2024)
6. Automotive Aftermarket Market Value [USD], Capacity, Supply (Production), Consumption, Price, Export-Import (EXIM), by Region (2019-2030)
.......
7. Automotive Aftermarket Revenue (Value), Production, Sales Volume, by Region (2024-2030)
8. Automotive Aftermarket Market Trend by Type {Tires, Brake Pads, Windscreen Wash, Oil Filters, Antifreeze or Coolant, Air Filters, Others}
9. Automotive Aftermarket Market Analysis by Application {Passenger Vehicles, Commercial Vehicles, By Certification-, Genuine Parts, Certified Parts, Uncertified Parts}
10. Automotive Aftermarket Market Manufacturers Profiles/Analysis
- Market Share Analysis by Manufacturers (2021-2024E)
- Manufacturers Profiles (Overview, Financials, SWOT, etc)
- Connected Distributors/Traders
- Marketing Strategy by Key Manufacturers/Players
............
To review full table of contents, click here @ https://www.htfmarketintelligence.com/report/global-automotive-aftermarket-market
Thanks for reading Global Automotive Aftermarket Industry research publication; you can also get individual chapter-wise sections or region-wise report versions like America, LATAM, Europe, Nordic nations, Oceania, Southeast Asia, or Just Eastern Asia.
Contact Us:
Ganesh Zirpe (Senior Web Analyst)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to enable businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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