Global Automotive Aftermarket Market Report 2022: A $480 Billion Market by 2027 - Expansion of OEMs into Aftermarket Activities - ResearchAndMarkets.com

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DUBLIN, May 25, 2022--(BUSINESS WIRE)--The "Automotive Aftermarket Market Research Report by Replacement Part, Certification, Distribution Channel, Service Channel, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Automotive Aftermarket Market size was estimated at USD 354.10 billion in 2020, USD 365.47 billion in 2021, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 4.46% to reach USD 480.79 billion by 2027.

In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2027 are considered the forecast period.

Cumulative Impact of COVID-19:

The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects.

It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Automotive Aftermarket Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space.

It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:

The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor's strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:

  • ABS Friction Inc.

  • AcDelco

  • ADVICS North America, Inc.

  • Akebono Brake Industry Co., Ltd.

  • ALCO Filters Ltd.

  • Asimco Global Inc.

  • BASF SE

  • Bridgestone Corporation

  • Continental AG

  • Cooper Tire & Rubber Company

  • Delphi Automotive

  • Denso Corporation

  • Faurecia

  • Hella GmbH & Co. KGaA

  • Hyundai Mobis Co., Ltd.

  • Lear Corporation

  • Magna International, Inc.

  • Marelli Holdings Co., Ltd.

  • Robert Bosch GmbH

  • Shangdong Zhengnuo Group Co., Ltd.

  • Tenneco Inc.

  • The 3M Company

  • Toyota Motor Corporation

  • Yazaki Corporation

  • ZF Friedrichshafen AG

Key Topics Covered:

1. Preface

1.1. Objectives of the Study

1.2. Market Segmentation & Coverage

1.3. Years Considered for the Study

1.4. Currency & Pricing

1.5. Language

1.6. Limitations

1.7. Assumptions

1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective

2.2. Determine: Research Design

2.3. Prepare: Research Instrument

2.4. Collect: Data Source

2.5. Analyze: Data Interpretation

2.6. Formulate: Data Verification

2.7. Publish: Research Report

2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics

5.1.1. Drivers

5.1.1.1. Growing Sales of Used-Vehicles and their Age

5.1.1.2. Improved Availability and Supply Chain of Automotive Accessories through Online Platforms

5.1.1.3. Incessant Need for Constant Repairs, Replacement and Maintenance of Components

5.1.2. Restraints

5.1.2.1. High Capital Required and Ratification of Vehicles Safety Technologies

5.1.3. Opportunities

5.1.3.1. Integration of Innovative Technologies in Automotive Aftermarket

5.1.3.2. Expansion of OEMs into Aftermarket Activities

5.1.4. Challenges

5.1.4.1. Concerns Regarding Visibility and Tracking of Products

5.2. Cumulative Impact of COVID-19

6. Automotive Aftermarket Market, by Replacement Part

6.1. Introduction

6.2. Battery

6.3. Body parts

6.4. Brake parts

6.5. Exhaust components

6.6. Filters

6.7. Lighting & Electronic components

6.8. Tire

6.9. Turbochargers

6.10. Wheels

7. Automotive Aftermarket Market, by Certification

7.1. Introduction

7.2. Certified Parts

7.3. Genuine Parts

7.4. Uncertified Parts

8. Automotive Aftermarket Market, by Distribution Channel

8.1. Introduction

8.2. Retailers

8.2.1. E-Retailers

8.2.2. OEMs

8.2.3. Repair Shops

8.3. Wholesalers & Distributors

9. Automotive Aftermarket Market, by Service Channel

9.1. Introduction

9.2. DIFM (Do It for Me)

9.3. DIY (Do It Yourself)

9.4. OE (Delegating to OEM's)

10. Americas Automotive Aftermarket Market

10.1. Introduction

10.2. Argentina

10.3. Brazil

10.4. Canada

10.5. Mexico

10.6. United States

11. Asia-Pacific Automotive Aftermarket Market

11.1. Introduction

11.2. Australia

11.3. China

11.4. India

11.5. Indonesia

11.6. Japan

11.7. Malaysia

11.8. Philippines

11.9. Singapore

11.10. South Korea

11.11. Taiwan

11.12. Thailand

12. Europe, Middle East & Africa Automotive Aftermarket Market

12.1. Introduction

12.2. France

12.3. Germany

12.4. Italy

12.5. Netherlands

12.6. Qatar

12.7. Russia

12.8. Saudi Arabia

12.9. South Africa

12.10. Spain

12.11. United Arab Emirates

12.12. United Kingdom

13. Competitive Landscape

13.1. FPNV Positioning Matrix

13.1.1. Quadrants

13.1.2. Business Strategy

13.1.3. Product Satisfaction

13.2. Market Ranking Analysis

13.3. Market Share Analysis, By Key Player

13.4. Competitive Scenario

13.4.1. Merger & Acquisition

13.4.2. Agreement, Collaboration, & Partnership

13.4.3. New Product Launch & Enhancement

13.4.4. Investment & Funding

13.4.5. Award, Recognition, & Expansion

14. Company Usability Profiles

For more information about this report visit https://www.researchandmarkets.com/r/ina9hf

View source version on businesswire.com: https://www.businesswire.com/news/home/20220525005660/en/

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