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AUTOMOTIVE AFTERMARKET

Global Market Trajectory & Analytics

MCP-1036

VALIDATED EXECUTIVE ENGAGEMENTS

POOL + OUTREACH

23217
Number of executives repeatedly engaged by snail & email outreach

INTERACTIONS

2092
Interactions with Platform & by Email

PARTICIPANTS

464
Unique # Participated

VALIDATIONS

209
Responses Validated*
* Login to view program details and full enterprise executive list.

DATE

SEPTEMBER 2020

TABLES

120

PAGES

543

EDITION

15

PRICE

USD $5800


Amid the COVID-19 crisis, the global market for Automotive Aftermarket estimated at US$460.3 Billion in the year 2020, is projected to reach a revised size of US$527.7 Billion by 2027, growing at a CAGR of 2% over the analysis period 2020-2027. Mechanical Products, one of the segments analyzed in the report, is projected to record a 1.8% CAGR and reach US$215.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Exterior & Structural Products segment is readjusted to a revised 1.5% CAGR for the next 7-year period.
The Automotive Aftermarket market in the U.S. is estimated at US$124.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$102 Billion by the year 2027 trailing a CAGR of 3.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.3% and 1.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.8% CAGR.
In the global Electrical Products segment, USA, Canada, Japan, China and Europe will drive the 2.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$59 Billion in the year 2020 will reach a projected size of US$68.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$71 Billion by the year 2027, while Latin America will expand at a 3.3% CAGR through the analysis period. We bring years of research experience to this 15th edition of our report. The 543-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
3M Company; ACDElco; Akebono Brake Corporation; American Axle & Manufacturing Inc.; ASIMCO Technologies Limited; Bridgestone Corporation; Compagnie Générale des Etablissements Michelin; Continental AG; Denso Corporation; Gates Corporation; Goodyear Tire & Rubber Company; Grupo Kuo S.A.B. de C.V.; HELLA KGaA Hueck & Co.; Hyundai Mobis Co. Ltd.; Johnson Controls Inc.; Kumho Tires Co. Inc.; Pirelli & C. S.p.A.; Prestone Products Corporation; Robert Bosch GmbH; Tenneco Inc.; ZF Friedrichshafen AG
» Category (Mechanical Products, Exterior & Structural Products, Electrical Products, Electronic Products, Motor Oil, Fluids & Additives, Appearance Chemicals)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

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05
1. MARKET OVERVIEW
A Prelude
Recent Market Activity
Major Market Drivers in a Nutshell
Product Replacement Cycles - Key Factor Influencing Demand for Aftermarket Parts
Maximizing Efficiency of Automobiles - Business Case for Parts
The Worldwide Automotive Aftermarket Industry - Key Growth Drivers
Emerging Markets to Drive Automotive Industry
Relatively Stable Economic Scenario to Extend Growth Opportunities
Opportunities in Store & Outlook
Expanding Vehicle PARC & Longer Service Life of Vehicles Drive Opportunities in the Aftermarket
An Insight into the Rapidly Growing Online Automotive Aftermarket Industry
Global Competitor Market Shares
Automotive Aftermarket Competitor Market Share Scenario Worldwide (in %): 2020 & 2029
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3M Company (USA)
3M Automotive Aftermarket Division (USA)
ACDElco (USA)
Akebono Brake Corporation (USA)
American Axle & Manufacturing, Inc. (USA)
ASIMCO Technologies Limited (China)
Bridgestone Corporation (Japan)
Compagnie Générale des Etablissements Michelin (France)
Continental AG (Germany)
Cooper Tire & Rubber Company (USA)
Delphi Technologies PLC (UK)
Denso Corporation (Japan)
Gates Corporation (USA)
Goodyear Tire & Rubber Company (USA)
Grupo Kuo, S.A.B. de C.V. (Mexico)
Grupo Kuo, S.A.B. de C.V. (Mexico)
Hyundai Mobis Co. Ltd. (South Korea)
Johnson Controls, Inc. (USA)
Kumho Tires Co., Inc. (South Korea)
Pirelli & C. S.p.A. (Italy)
Prestone Products Corporation (USA)
Robert Bosch GmbH (Germany)
Tenneco Inc. (USA)
Yokohama Rubber Co., Ltd. (Japan)
ZF Friedrichshafen AG (Germany)
3. MARKET TRENDS & DRIVERS
Major Trends Shaping the Worldwide Automotive Aftermarket Industry
OEMs Embraces Customer-Oriented Approach
Rising Popularity of Autonomous Vehicles & ADAS to Impact Automotive Aftermarket Revenues
Predictive Maintenance - A New Norm in the Automotive Aftermarket
Large Global Base of Vehicle Fleet Offers Potential for Replacements
Global Vehicles in Operation - An Overview
Stable Automobile Production Fuels Growth Opportunities in the OEM Market
Rising Passenger Car Density Spurs Opportunities in the Aftermarket
Growing Demand for Small Affordable Workday Cars in Developing Markets Spurs Growth of Aftermarket Automotive Components
New Technologies Keep Aftermarket Players on Their Toes
Battery Electric Vehicles to Influence Prospects of Parts Aftermarket
Automotive Aftermarket Undergoes Changes on Several Fronts
Road Conditions Drive Frequent Repairs in Emerging Markets
Demand for Aftermarket Parts Grow as Consumers Retain their Vehicles Longer
Projected Rise in New Car Sales to Shore Up Demand for Aftermarket Enhancements in Coming Years
Developing Markets Remain Hot Spots for Growth
Pre-Owned Cars & Auto Leasing Drives Growth
Rise in Automotive Accidents Generate Demand for "Crash Parts"
Educating Consumer - The Key to Growth in Aftermarket
Timely Reminders for Replacements Boosting Aftermarket Sales
DIY Customers Lending Traction to the Market
Market Attributes for Auto Parts in DIY Segment
Growing Demand for DIFM Services Turn 'Service Providers' into Target Customers for Aftermarket Products
Asian Make Products Gaining Importance in Global market
Price Represents Main Influencing Factor for Purchases in Aftermarket - A Case in Point for Cheaper Asian Products
Aftermarket Manufacturers Step Up Investments on Product Innovation & Development
Remanufactured Aftermarket Parts & Components Gain Prominence
Remanufactured Starters & Alternators Continue to Find Significant Demand - A Case in Point
Expanding Middle Class Population Fuels Broad Based Growth in the Market
Rapid Urbanization Triggers Growth
Counterfeit Products Pose a Threat to the Market
Brake Parts - Major Target for Counterfeiters
Customers’ Casual Attitude Towards Replacement of Parts
Extended Life of Original Equipment Engines and Transmissions Hampers Growth
Extended Warranties to Hinder Market Growth of Independent Service Providers
New OEM Fittings Threaten Aftermarket Opportunities
Road Accidents to Drive Sales in the Automotive Aftermarket
Lower Crankcase Capacities too Reduce Quantity of Lubricants & Oil Consumption
Longer Drain Times Quell Demand for Lubricant Refills
4. GLOBAL MARKET PERSPECTIVE
Automotive Aftermarket Global Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025
Automotive Aftermarket Global Retrospective Market Scenario in US$ Million by Region/Country: 2009-2017
Automotive Aftermarket Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025
Mechanical Products (Category) World Market by Region/Country in US$ Million: 2018 to 2025
Mechanical Products (Category) Historic Market Analysis by Region/Country in US$ Million: 2009 to 2017
Mechanical Products (Category) Market Share Breakdown of Worldwide Sales by Region/Country: 2009 VS 2019 VS 2025
Exterior & Structural Products (Category) Potential Growth Markets Worldwide in US$ Million: 2018 to 2025
Exterior & Structural Products (Category) Historic Market Perspective by Region/Country in US$ Million: 2009 to 2017
Exterior & Structural Products (Category) Market Sales Breakdown by Region/Country in Percentage: 2009 VS 2019 VS 2025
Electrical Products (Category) Geographic Market Spread Worldwide in US$ Million: 2018 to 2025
Electrical Products (Category) Region Wise Breakdown of Global Historic Demand in US$ Million: 2009 to 2017
Electrical Products (Category) Market Share Distribution in Percentage by Region/Country: 2009 VS 2019 VS 2025
Electronic Products (Category) World Market Estimates and Forecasts by Region/Country in US$ Million: 2018 to 2025
Electronic Products (Category) Market Historic Review by Region/Country in US$ Million: 2009 to 2017
Electronic Products (Category) Market Share Breakdown by Region/Country: 2009 VS 2019 VS 2025
Motor Oil, Fluids & Additives (Category) World Market by Region/Country in US$ Million: 2018 to 2025
Motor Oil, Fluids & Additives (Category) Historic Market Analysis by Region/Country in US$ Million: 2009 to 2017
Motor Oil, Fluids & Additives (Category) Market Share Distribution in Percentage by Region/Country: 2009 VS 2019 VS 2025
Appearance Chemicals (Category) World Market Estimates and Forecasts in US$ Million by Region/Country: 2018 to 2025
Appearance Chemicals (Category) Market Worldwide Historic Review by Region/Country in US$ Million: 2009 to 2017
Appearance Chemicals (Category) Market Percentage Share Distribution by Region/Country: 2009 VS 2019 VS 2025
GEOGRAPHIC MARKET ANALYSIS
United States
Market Facts & Figures
US Automotive Aftermarket Market Share (in %) by Company: 2020 & 2025
United States Automotive Aftermarket Market Estimates and Projections in US$ Million by Category: 2018 to 2025
Automotive Aftermarket Market in the United States by Category: A Historic Review in US$ Million for 2009-2017
United States Automotive Aftermarket Market Share Breakdown by Category: 2009 VS 2019 VS 2025
Canada
Canadian Automotive Aftermarket Market Estimates and Forecasts in US$ Million by Category: 2018 to 2025
Canadian Automotive Aftermarket Historic Market Review by Category in US$ Million: 2009-2017
Automotive Aftermarket Market in Canada: Percentage Share Breakdown of Sales by Category for 2009, 2019, and 2025
Japan
Japanese Market for Automotive Aftermarket: Annual Sales Estimates and Projections in US$ Million by Category for the Period 2018-2025
Automotive Aftermarket Market in Japan: Historic Sales Analysis in US$ Million by Category for the Period 2009-2017
Japanese Automotive Aftermarket Market Share Analysis by Category: 2009 VS 2019 VS 2025
China
Chinese Automotive Aftermarket Market Growth Prospects in US$ Million by Category for the Period 2018-2025
Automotive Aftermarket Historic Market Analysis in China in US$ Million by Category: 2009-2017
Chinese Automotive Aftermarket Market by Category: Percentage Breakdown of Sales for 2009, 2019, and 2025
Europe
Market Facts & Figures
European Automotive Aftermarket Market: Competitor Market Share Scenario (in %) for 2020 & 2025
European Automotive Aftermarket Market Demand Scenario in US$ Million by Region/Country: 2018-2025
Automotive Aftermarket Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2009-2017
European Automotive Aftermarket Market Share Shift by Region/Country: 2009 VS 2019 VS 2025
European Automotive Aftermarket Market Estimates and Forecasts in US$ Million by Category: 2018-2025
Automotive Aftermarket Market in Europe in US$ Million by Category: A Historic Review for the Period 2009-2017
European Automotive Aftermarket Market Share Breakdown by Category: 2009 VS 2019 VS 2025
France
Automotive Aftermarket Market in France by Category: Estimates and Projections in US$ Million for the Period 2018-2025
French Automotive Aftermarket Historic Market Scenario in US$ Million by Category: 2009-2017
French Automotive Aftermarket Market Share Analysis by Category: 2009 VS 2019 VS 2025
Germany
Automotive Aftermarket Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Category for the Period 2018-2025
German Automotive Aftermarket Historic Market Analysis in US$ Million by Category: 2009-2017
German Automotive Aftermarket Market Share Breakdown by Category: 2009 VS 2019 VS 2025
Italy
Italian Automotive Aftermarket Market Growth Prospects in US$ Million by Category for the Period 2018-2025
Automotive Aftermarket Historic Market Analysis in Italy in US$ Million by Category: 2009-2017
Italian Automotive Aftermarket Market by Category: Percentage Breakdown of Sales for 2009, 2019, and 2025
United Kingdom
United Kingdom Market for Automotive Aftermarket: Annual Sales Estimates and Projections in US$ Million by Category for the Period 2018-2025
Automotive Aftermarket Market in the United Kingdom: Historic Sales Analysis in US$ Million by Category for the Period 2009-2017
United Kingdom Automotive Aftermarket Market Share Analysis by Category: 2009 VS 2019 VS 2025
Spain
Spanish Automotive Aftermarket Market Estimates and Forecasts in US$ Million by Category: 2018 to 2025
Spanish Automotive Aftermarket Historic Market Review by Category in US$ Million: 2009-2017
Automotive Aftermarket Market in Spain: Percentage Share Breakdown of Sales by Category for 2009, 2019, and 2025
Russia
Russian Automotive Aftermarket Market Estimates and Projections in US$ Million by Category: 2018 to 2025
Automotive Aftermarket Market in Russia by Category: A Historic Review in US$ Million for 2009-2017
Russian Automotive Aftermarket Market Share Breakdown by Category: 2009 VS 2019 VS 2025
Rest of Europe
Rest of Europe Automotive Aftermarket Market Estimates and Forecasts in US$ Million by Category: 2018-2025
Automotive Aftermarket Market in Rest of Europe in US$ Million by Category: A Historic Review for the Period 2009-2017
Rest of Europe Automotive Aftermarket Market Share Breakdown by Category: 2009 VS 2019 VS 2025
Asia-Pacific
Asia-Pacific Automotive Aftermarket Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025
Automotive Aftermarket Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2009-2017
Asia-Pacific Automotive Aftermarket Market Share Analysis by Region/Country: 2009 VS 2019 VS 2025
Automotive Aftermarket Market in Asia-Pacific by Category: Estimates and Projections in US$ Million for the Period 2018-2025
Asia-Pacific Automotive Aftermarket Historic Market Scenario in US$ Million by Category: 2009-2017
Asia-Pacific Automotive Aftermarket Market Share Analysis by Category: 2009 VS 2019 VS 2025
Australia
Automotive Aftermarket Market in Australia: Recent Past, Current and Future Analysis in US$ Million by Category for the Period 2018-2025
Australian Automotive Aftermarket Historic Market Analysis in US$ Million by Category: 2009-2017
Australian Automotive Aftermarket Market Share Breakdown by Category: 2009 VS 2019 VS 2025
India
Indian Automotive Aftermarket Market Estimates and Forecasts in US$ Million by Category: 2018 to 2025
Indian Automotive Aftermarket Historic Market Review by Category in US$ Million: 2009-2017
Automotive Aftermarket Market in India: Percentage Share Breakdown of Sales by Category for 2009, 2019, and 2025
South Korea
Automotive Aftermarket Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Category for the Period 2018-2025
South Korean Automotive Aftermarket Historic Market Analysis in US$ Million by Category: 2009-2017
Automotive Aftermarket Market Share Distribution in South Korea by Category: 2009 VS 2019 VS 2025
Rest of Asia-Pacific
Rest of Asia-Pacific Market for Automotive Aftermarket: Annual Sales Estimates and Projections in US$ Million by Category for the Period 2018-2025
Automotive Aftermarket Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million by Category for the Period 2009-2017
Rest of Asia-Pacific Automotive Aftermarket Market Share Analysis by Category: 2009 VS 2019 VS 2025
Latin America
Latin American Automotive Aftermarket Market Trends by Region/Country in US$ Million: 2018-2025
Automotive Aftermarket Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2009-2017
Latin American Automotive Aftermarket Market Percentage Breakdown of Sales by Region/Country: 2009, 2019, and 2025
Latin American Automotive Aftermarket Market Growth Prospects in US$ Million by Category for the Period 2018-2025
Automotive Aftermarket Historic Market Analysis in Latin America in US$ Million by Category: 2009-2017
Latin American Automotive Aftermarket Market by Category: Percentage Breakdown of Sales for 2009, 2019, and 2025
Argentina
Argentinean Automotive Aftermarket Market Estimates and Forecasts in US$ Million by Category: 2018-2025
Automotive Aftermarket Market in Argentina in US$ Million by Category: A Historic Review for the Period 2009-2017
Argentinean Automotive Aftermarket Market Share Breakdown by Category: 2009 VS 2019 VS 2025
Brazil
Automotive Aftermarket Market in Brazil by Category: Estimates and Projections in US$ Million for the Period 2018-2025
Brazilian Automotive Aftermarket Historic Market Scenario in US$ Million by Category: 2009-2017
Brazilian Automotive Aftermarket Market Share Analysis by Category: 2009 VS 2019 VS 2025
Mexico
Automotive Aftermarket Market in Mexico: Recent Past, Current and Future Analysis in US$ Million by Category for the Period 2018-2025
Mexican Automotive Aftermarket Historic Market Analysis in US$ Million by Category: 2009-2017
Mexican Automotive Aftermarket Market Share Breakdown by Category: 2009 VS 2019 VS 2025
Rest of Latin America
Rest of Latin America Automotive Aftermarket Market Estimates and Projections in US$ Million by Category: 2018 to 2025
Automotive Aftermarket Market in Rest of Latin America by Category: A Historic Review in US$ Million for 2009-2017
Rest of Latin America Automotive Aftermarket Market Share Breakdown by Category: 2009 VS 2019 VS 2025
Middle East
The Middle East Automotive Aftermarket Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025
Automotive Aftermarket Market in the Middle East by Region/Country in US$ Million: 2009-2017
The Middle East Automotive Aftermarket Market Share Breakdown by Region/Country: 2009, 2019, and 2025
The Middle East Automotive Aftermarket Market Estimates and Forecasts in US$ Million by Category: 2018 to 2025
The Middle East Automotive Aftermarket Historic Market by Category in US$ Million: 2009-2017
Automotive Aftermarket Market in the Middle East: Percentage Share Breakdown of Sales by Category for 2009, 2019, and 2025
Iran
Iranian Market for Automotive Aftermarket: Annual Sales Estimates and Projections in US$ Million by Category for the Period 2018-2025
Automotive Aftermarket Market in Iran: Historic Sales Analysis in US$ Million by Category for the Period 2009-2017
Iranian Automotive Aftermarket Market Share Analysis by Category: 2009 VS 2019 VS 2025
Israel
Israeli Automotive Aftermarket Market Estimates and Forecasts in US$ Million by Category: 2018-2025
Automotive Aftermarket Market in Israel in US$ Million by Category: A Historic Review for the Period 2009-2017
Israeli Automotive Aftermarket Market Share Breakdown by Category: 2009 VS 2019 VS 2025
Saudi Arabia
Saudi Arabian Automotive Aftermarket Market Growth Prospects in US$ Million by Category for the Period 2018-2025
Automotive Aftermarket Historic Market Analysis in Saudi Arabia in US$ Million by Category: 2009-2017
Saudi Arabian Automotive Aftermarket Market by Category: Percentage Breakdown of Sales for 2009, 2019, and 2025
United Arab Emirates
Automotive Aftermarket Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Category for the Period 2018-2025
United Arab Emirates Automotive Aftermarket Historic Market Analysis in US$ Million by Category: 2009-2017
Automotive Aftermarket Market Share Distribution in United Arab Emirates by Category: 2009 VS 2019 VS 2025
Rest of Middle East
Automotive Aftermarket Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Category for the Period 2018-2025
Rest of Middle East Automotive Aftermarket Historic Market Analysis in US$ Million by Category: 2009-2017
Rest of Middle East Automotive Aftermarket Market Share Breakdown by Category: 2009 VS 2019 VS 2025
Africa
African Automotive Aftermarket Market Estimates and Projections in US$ Million by Category: 2018 to 2025
Automotive Aftermarket Market in Africa by Category: A Historic Review in US$ Million for 2009-2017
African Automotive Aftermarket Market Share Breakdown by Category: 2009 VS 2019 VS 2025
Total Companies Profiled : 421

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