The Automotive Aftermarket Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
The automotive aftermarket is the secondary market for the automobile market with the component of system & services. It is concerned with manufacturing, remanufacturing, distribution, installation of various parts, repairing, etc. The aftermarket has two parts, replacement parts, and accessories. It encompasses parts for replacement, collision, appearance, and performance including electric propulsion.
A rapid increase in vehicle sales and production is the major factor which is driving the Automotive Aftermarket market. Vehicle components such as filters, deflectors, tires, brake parts, and actuators have a short lifespan, which leads to regular maintenance and replacement of components is expected to contribute tremendous growth in Automotive Aftermarket market. However, improvement by OEMs, car manufacturers towards improvising the components are hampering the automotive aftermarket growth. Rising technological innovation in vehicles and advancement of systems, which include components such as sensors, ECUs, and display screens need regular maintenance, and replacement of electronic components are offering lucrative opportunities to the automotive aftermarket market.
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Some of The Major Players In Global Market:
2. Continental AG
3. Delphi Technologies
4. Denso Corporation
5. Federal Mogul
6. Magneti Marelli S. p. A
7. NGK SPARK PLUG CO. , LTD.
8. Robert Bosch GmbH
9. The Goodyear Tire and Rubber Company
10. ZF Friedrichshafen AG (ZF TRW)
The global Automotive Aftermarket market is segmented on the basis of product, vehicle Type, and sales. Based on product, the market is segmented as tire, wheels, battery, lighting, exhaust, components, body parts, accessories, telematics, and others. On the basis of the vehicle type the market is segmented into passenger vehicles, and commercial vehicles. Based on sales the market is segmented as OEM, professional service stations, and others.
- Global Automotive Aftermarket Market Overview
- Economic Impact on Market
- Market Competition
- Global Automotive Aftermarket Market Analysis by Application
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Global Automotive Aftermarket Market Effect, Factors, Analysis
- Global Automotive Aftermarket Market Forecast
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Automotive Aftermarket market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Automotive Aftermarket market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Automotive Aftermarket market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Automotive Aftermarket market in these regions.
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Reasons to Buy the Report:
- Learn about the driving factors, affecting the market growth.
- Imbibe the advancements and progress in the market during the forecast period.
- Understand where the market opportunities lies.
- Compare and evaluate various options affecting the market.
- Pick up on the leading market players within the market.
- Envision the restrictions and restrains that are likely to hamper the market.
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