Global Automotive Aftermarket Industry Harnessed 20% of the Total Revenue of Global Automotive Industry in 2017

Posted on 2018-09-17 by Goldstein Research in Automotive // 0 Comments

New York, USA 2018-Sep-14 — /EPR Network/ —

Automotive Aftermarket Industry

According to Goldstein Research, global automotive aftermarket industry is expected to reach USD 763billion by 2025, expanding at a CAGR of 3.2% over the forecast period, 2017-2025. The advent of sales through online distribution channel is one of the driving factors in the growth of the market. automotive aftermarket industry segmentation has been done on the basis of aftermarket products and services, end users type, distribution channel, and geography. Based on the after-market products and services, wear-and-tear parts accounted for the largest revenue share of more than 52% in the industry. Where the industry is dominated by North America with about 35% market share.

On the other hand, Asia Pacific region is the fastest growing region for automotive aftermarket industry majorly fueled by China and the regional market value is expected to increase at a CAGR of +6.4% during the forecast period.

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Market Segmentation

On the basis of our in-depth analysis, The market can be segmented as follows:

By Aftermarket Products and Services Type

Wear-and-Tear Parts
Crash-Relevant Parts
Accessories and Appearance Products
Diagnostics Products
Services (Fleet Management etc.)

By End Users Type

Service Providers (Telematics, Fleet Management etc.)
Independent Workshops
Automotive OEM Workshop

By Distribution Channels

Offline Distribution Channel
Online Distribution Channel

By Region

North America Automotive Aftermarket Market Analysis, 2016-2024
Europe Automotive Aftermarket Market Analysis, 2016-2024
Middle East And Africa Automotive Aftermarket Market Analysis, 2016-2024
Latin America Automotive Aftermarket Market Analysis, 2016-2024
Asia Pacific Automotive Aftermarket Market Analysis, 2016-2024
Rest Of The World Automotive Aftermarket Market Analysis, 2016-2024

Browse Full Report: https://www.goldsteinresearch.com/report/global-automotive-aftermarket-industry

“Automotive Aftermarket Market analysis” contains a detailed overview of the global automotive aftermarket industry. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by aftermarket products and services, end users type, distribution channel and geography.

The Industry Analysis Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of automotive aftermarket industry report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the global automotive aftermarket industry discussed in the report are 3M, Continental AG, Delphi Automotive PLC, Denso Corporation, Federal-Mogul Corporation, MagnetiMarelliS.p.A., Goodyear Tire & Rubber Company, ZF Friedrichshafen AG, COOPER TIRE & RUBBER COMPANY, Robert Bosch GmbH, etc.

Further, The Industry Analysis Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The report also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis, and Market Attractiveness. Report also includes the expert analysis which provides complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

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