Press release
APEJ Automotive Aftermarket Poised to hit US$ 218.73 Bn by 2025 End
View and Download TOC of Automotive Aftermarket Research Report @ https://www.futuremarketinsights.com/reports/apej-automotive-aftermarket/toc
The automotive aftermarket is a secondary market, which plays a pivotal role post-sale of a vehicle, as it entails remanufacturing, manufacturing, distribution and installation of automobile components and accessories for vehicles. Components and accessories are installed post sale of a new vehicle by the dealer or service provider and this is termed as automotive aftermarket. Accessories include customized parts for convenience, safety, comfort and performance. These are designed as add-ons after vehicles are assembled by the original manufacturer. Services on the other hand include maintenance and repairs to ensure vehicles continue functioning, and providers offer options with regard to where vehicle owners can avail such offerings.
The replacement part segment is expected to expand at a CAGR of 9.7%, accessories at 8.9% and services at 7.3% during the forecast period. Components segment is further sub-segmented into oils & lubricants, tyres, batteries, wear & tear parts, filters, collision body parts, starters & alternators, lighting components, exhaust components and spark plugs. Among these, exhaust components and tires dominate the other segments. Demand for interior accessories is expected to register a CAGR of 8.4%, owing to increasing demand from automobile owners to enhance functionality and appearance of their vehicles, and this trend is expected to further drive overall market growth in the near future. Services is further sub-segmented into general automotive repairs and automotive transmission and other repairs.
Request and Download Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-ap-689
Asia Pacific automotive aftermarket is majorly driven by growing vehicle parc, boom in vehicle sales and demand for general automotive repairs. This includes repairs and services related to transmissions, starters & alternators, brakes, lubricants, tyres, filters and batteries among others. Apart from this, increasing safety and security needs and favourable GDP growth in developing economies are major growth drivers for the ASEAN automotive aftermarket. However, despite certain technological challenges acting as growth restraints, the ASEAN automotive aftermarket is expected to experience rapid growth over the forecast period.
This market forecast covers analysis and market value of each segment and respective sub-segment and potential of the connected automotive aftermarket in specific countries. Asia Pacific is forecast to emerge as the fastest growing market, owing to the large number of vehicles in operation and is expected to witness a steady growth during forecast period 2015–2025.
Buy Full Automotive Aftermarket Report @ https://www.futuremarketinsights.com/checkout/689
ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com
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 APEJ Automotive Aftermarket Poised to hit US$ 218.73 Bn by 2025 End here
News-ID: 748006 • Views: …
More Releases from Future Market Insights
Potato Flakes Market Forecast 2026-2036: Global Market to Reach USD 6.4 Billion …
The global potato flakes market was valued at USD 3.6 billion in 2026 and is projected to reach USD 6.4 billion by 2036, expanding at a CAGR of 5.9% over the forecast period. Growth is being structurally driven by industrial food processing requirements rather than retail potato substitution, positioning flakes as a performance-oriented ingredient within high-throughput manufacturing systems.
Market expansion is closely tied to dehydration efficiency, starch integrity management, and formulation…
Herb and Spice Market Forecast 2026-2036: Global Market to Reach USD 262.3 Billi …
The global herb and spice market is projected to expand from USD 184.1 billion in 2026 to USD 262.3 billion by 2036, registering a steady CAGR of 3.6% during the forecast period. Growth is being shaped less by shifting culinary trends and more by structural transformation in food manufacturing systems.
Across industrial supply chains, herbs and spices have transitioned from flavor enhancers to specification-bound formulation inputs. Procurement decisions are increasingly anchored…
Oral Clinical Nutrition Supplement Market Forecast 2026-2036: Global Market to R …
The global oral clinical nutrition supplement market is projected to expand from USD 15,208.50 million in 2026 to USD 24,537.90 million by 2036, registering a CAGR of 4.90% over the forecast period. Growth is structurally anchored in institutional healthcare integration rather than discretionary retail supplementation.
Unlike consumer wellness categories, oral clinical nutrition supplements are embedded within hospital formularies, oncology treatment pathways, long-term elderly care protocols, and documented malnutrition management systems. Market…
Radiographic Testing Services Market Forecast 2026-2036: Global Market to Reach …
The global radiographic testing services market is projected to expand from USD 1.9 billion in 2026 to USD 3.6 billion by 2036, registering a CAGR of 6.70%. Growth is being fueled by rising demand for non-destructive testing (NDT) solutions across aerospace, automotive, oil & gas, manufacturing, power generation, and construction industries.
Radiographic testing (RT) uses X-rays or gamma rays to examine the internal structure of materials and welded joints without causing…
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…
