Press release
Emerging Trends to Reshape the Wholesale and Distribution Automotive Aftermarket Market: Revolutionizing Automotive Aftermarket Services Through Digitalization and Connectivity as a Key Influencer
Wholesale and Distribution Automotive Aftermarket
Wholesale and Distribution Automotive Aftermarket Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the wholesale and distribution automotive aftermarket market has continuously expanded over recent years. The market size is projected to increase from $237.36 billion in 2024 to $248.67 billion in 2025, at a compound annual growth rate (CAGR) of 4.8%. The uptick during the historical period can be ascribed to factors such as aging vehicle population, increased car ownership, elongated vehicle life duration, the international spread of auto production, and the growth of e-commerce.
Wholesale and Distribution Automotive Aftermarket Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the market size of the automotive aftermarket wholesale and distribution sector is predicted to experience notable expansion. It is projected to reach $321.12 billion by 2029, with a compound annual growth rate (CAGR) of 6.6%. Factors contributing to this growth during the forecasted period include the adoption of electric and hybrid vehicles, autonomous vehicle technology, the application of data analytics in vehicle maintenance, the surge of mobility services, and the utilization of advanced materials in production. Key trends expected within this period encompass the diversification of product catalogs and SKU, the use of predictive analytics in managing inventory, the rise of private label and bespoke products, cross-border commerce, and the emergence of mobile solutions for placing orders.
View the full report here:
https://www.thebusinessresearchcompany.com/report/wholesale-and-distribution-automotive-aftermarket-global-market-report
What Are the Drivers Transforming the Wholesale and Distribution Automotive Aftermarket Market?
The expansion of the automobile industry is fueling the growth of the wholesale and distribution automotive afterMarket. The automotive sector consists of a varied array of establishments and institutions involved in the ideation, creation, manufacturing, promotion, and selling of motor vehicles. The shifting interests and preferences of consumers are prompting vehicle makers to produce a wide array of car styles and series. Technological developments and improving economic scenarios further contribute to the industry's progress. The automotive aftermarket supports the auto industry by furnishing the essential spare components for consumers purchasing both new and pre-owned cars. For example, Statistics Canada, a government agency, reported that in June 2024, Canada had registered 26.3 million on-road motor vehicles in 2022, marking a 0.3% growth from 2021. Hence, the expanding automotive industry is set to further boost the advancement of the wholesale and distribution automotive afterMarket.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7218&type=smp
What Long-Term Trends Will Define the Future of the Wholesale and Distribution Automotive Aftermarket Market?
There's a growing trend towards digitalization in the sector of automotive repair and distribution services. Providers within the automotive aftermarket are offering online platforms that offer guidance, instructions for proper installation, and troubleshooting solutions. They also use digital tools for products selection such as electronic catalogs, tutorial videos, and product showcases. For example, in April 2024, DENSO Products and Services Americas, Inc., a company specializing in the sale and distribution of automotive components in the US, launched MobiQ. With a focus on enhancing communication between vehicles and infrastructure for improved traffic flow and safety, MobiQ uses advanced technology. The integration of this device with existing traffic controls ensures safe and efficient moving, which reduces congestion and improves the driving experience. It not only prioritizes vehicular safety but also pedestrian safety, with an aim to decrease the likelihood of collisions and ensure the priority of emergency vehicles.
Which Segments in the Wholesale and Distribution Automotive Aftermarket Market Offer the Most Profit Potential?
The wholesale and distribution automotive aftermarketmarket covered in this report is segmented -
1) By Replacement Part: Tire, Battery, Brake parts, Filters, Body Parts, Lighting And Electronic Components, Wheels, Exhaust Components, Other Replacement Parts
2) By Certification: Genuine Parts, Certified Parts, Uncertified Parts
3) By Distribution Channel: Retailers, Wholesalers, Distributors
Subsegments:
1) By Tire: All-Season Tires, Performance Tires, Off-Road Tires
2) By Battery: Lead-Acid Batteries, Lithium-Ion Batteries, AGM Batteries
3) By Brake Parts: Brake Pads, Brake Rotors, Brake Calipers
4) By Filters: Engine Air Filters, Oil Filters, Cabin Air Filters
5) By Body Parts: Fenders, Bumpers, Doors
6) By Lighting And Electronic Components: Headlights, Taillights, Sensors And Modules
7) By Wheels: Steel Wheels, Alloy Wheels, Custom Wheels
8) By Exhaust Components: Mufflers, Exhaust Pipes, Catalytic Converters
9) By Other Replacement Parts: Suspension Parts, Engine Components, Transmission Parts
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7218&type=smp
Which Firms Dominate the Wholesale and Distribution Automotive Aftermarket Market by Market Share and Revenue in 2025?
Major companies operating in the wholesale and distribution automotive aftermarket market include Robert Bosch GmbH, Denso Corporation, ZF TRW Automotive Holdings Corp, Continental AG, Magna International Inc., Aisin Seiki Co Ltd., 3M Company, Sumitomo Electric Industries Ltd., Valeo SA, Lear Corporation, The Goodyear Tire & Rubber Company, Eaton Corporation plc, Tenneco Inc., Faurecia SA, Schaeffler AG, TRW Automotive Holdings Corp, BorgWarner Inc., Delphi Automotive plc, Yazaki Corporation, JTEKT Corporation, Dana Incorporated, DRiV Incorporated, Federal-Mogul Corporation, Mahle GmbH, NTN Corporation, Brembo SpA, Visteon Corporation, Hella GmbH & Co KGaA, Magneti Marelli S.p.A., Schrader International Inc., Hitachi Automotive Systems, Knorr-Bremse Co Ltd., Marelli Holdings Co Ltd.
Which Regions Offer the Highest Growth Potential in the Wholesale and Distribution Automotive Aftermarket Market?
North America was the largest region in the wholesale and distribution automotive afterMarket in 2024. Asia-Pacific is expected to be the fastest-growing region in the wholesale and distribution automotive afterMarket share during the forecast period. The regions covered in the wholesale and distribution automotive afterMarket report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7218
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Emerging Trends to Reshape the Wholesale and Distribution Automotive Aftermarket Market: Revolutionizing Automotive Aftermarket Services Through Digitalization and Connectivity as a Key Influencer here
News-ID: 4286360 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
