Automotive Aftermarket Market Revenue Growth During the Forecast Period 2030

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The industry that supplies parts, accessories, maintenance, repairs and modifications to cars after their initial sale is known as the automotive aftermarket. The global trade and commerce of automotive aftermarket products and services such as parts, accessories, maintenance, repair and c

Global Automotive Aftermarket Market size was valued at 573.17 Bn in 2023 and is expected to reach USD 811.61 Bn by 2030, at a CAGR of 4.8 %.

Global Automotive Aftermarket Market Report Scope and Research Methodology

The report is a thorough analysis of the Global Automotive Aftermarket Market provided with key findings including Pricing, investments, expansion plans, and physical presence in the Global Automotive Aftermarket market. The bottom-up approach was used to underst and the Global Automotive Aftermarket market size estimation and growth rates in the report. The report provides information on the drivers, restraints, opportunities, and challenges of the Global Automotive Aftermarket market. The financial standing, portfolio, technology adoption, merger and acquisition, joint ventures and strategic alliances are included in the competitive environment for the Global Automotive Aftermarket market.

The report includes primary and secondary collection techniques with qualitative and quantita ive approaches for the analysis of the Global Automotive Aftermarket market. The primary collection method includes Surveys, questionnaires and telephonic interviews with market leaders and business owners. The secondary method includes financial reports, annual reports, press releases, white papers, etc. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to understand the competitive intensity of the industry in the Global Automotive Aftermarket Market.

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Global Automotive Aftermarket Market Regional Insights 

The Regional Analysis in the report helps to understand the Global Automotive Aftermarket market in various countries. The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Global Automotive Aftermarket market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Global Automotive Aftermarket Market Segmentation

by Vehicle Replacement Part

Tire
Battery
Brake Part
Filters
Others

by Distribution channel

Retailers
Wholesalers

by Service

DIY
DIFM
OE

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Global Automotive Aftermarket Market Key Players

1. Bridgestone Corporation (Japan)
2. Continental AG (Germany)
3. Michelin Group (France)
4. Denso Corporation (Japan)
5. ZF Friedrichshafen AG (Germany)
6. Robert Bosch GmbH (Germany)
7. 3M Company (USA)
8. Magneti Marelli S.p.A (Italy)
9. Delphi Technologies (UK)
10. Faurecia SA (France)
11. Johnson Controls International plc (Ireland)
12. Lear Corporation (USA)
13. Valeo SA (France)
14. Federal-Mogul Motorparts LLC (USA)

Key questions answered in the Global Automotive Aftermarket Market are:

What is Global Automotive Aftermarket?

What was the Global Automotive Aftermarket market size in 2023?

What is the growth rate of the Global Automotive Aftermarket Market?

Which are the factors expected to drive the Global Automotive Aftermarket market growth?

What are the different segments of the Global Automotive Aftermarket Market?

What growth strategies are the players considering to increase their presence in Global Automotive Aftermarket?

What are the upcoming industry applications and trends for the Global Automotive Aftermarket Market?

What are the recent industry trends that can be implemented to generate additional revenue streams for the Global Automotive Aftermarket Market?

Who are the leading companies and what are their portfolios in Global Automotive Aftermarket Market?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)

Past Pricing and price curve by region (2018 to 2023)

Market Size, Share, Size & Forecast by different segment | 2023−2029

Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region

Market Segmentation – A detailed analysis by segment with their sub-segments and Region

Competitive Landscape – Profiles of selected key players by region from a strategic perspective

Competitive landscape – Market Leaders, Market Followers, Regional player

Competitive benchmarking of key players by region

PESTLE Analysis

PORTER’s analysis

Value chain and supply chain analysis

Legal Aspects of Business by Region

Lucrative business opportunities with SWOT analysis

Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and en Global Automotive Aftermarketeering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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