Automotive Aftermarket Sector, China, 2025-2030

Description

Automotive Aftermarket and 4S Workshops Experiencing Transformational Growth due to Rapid EV Adoption

This study examines the automotive aftermarket in Mainland China, with a particular focus on light vehicles, including passenger vehicles and light commercial vehicles. The aftermarket encompasses all non-warranty replacement parts installed after the dealer sells the vehicle. Automotive parts are integral to the complete vehicle assembly and play a crucial role in the aftermarket, which focuses on vehicle service, maintenance, and repair activities. Additionally, the aftermarket covers OE parts and IAM parts, which are related to factory-installed parts procured from OEMs. Independent parts manufacturers sell IAM parts to warehouse distributors, retailers, and other distribution channels throughout the aftermarket. The analysis provides a comprehensive business snapshot of the automotive aftermarket, including growth drivers and restraints, the regulatory landscape, aftermarket trends, an overview of vehicles in operation, new and used vehicle sales, a breakdown of automotive parts revenue by part types, leading parts suppliers, and distribution channels. China's automotive aftermarket is in a growth stage across its life cycle. With the cancellation of the vehicle scrappage policy in China and the aging of vehicle fleets, demand for aftermarket products, including automotive parts and services, is expected to continue growing. With the rise in demand for the automotive aftermarket, the demand volume and aftermarket value are also forecast to expand in the long term.

Product Code: PG4E-41

Research Scope

Scope of Analysis
Segmentation and Definition

Growth Environment: Transformation in the Automotive Aftermarket Sector

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8
The Impact of the Top 3 Strategic Imperatives on the Automotive Aftermarket Industry

Ecosystem in the Automotive Aftermarket Sector

Competitive Environment
Key Competitors
Key Questions This Study Will Answer
China Automotive Market, Key Highlights, 2024
Key Market Influencers and Impacts
Key Findings and Future Outlook
Key Regulations by Central Government
Key Activities
Key Automotive Aftermarket Trends

Growth Generator in the Automotive Aftermarket Sector: Vehicles in Operation Market Analysis

Vehicles in Operation Overview, Forecast to 2030
Average Age of Vehicles in Operation, Forecast to 2030
Vehicle Ownership, Forecast to 2030
Vehicles in Operation by Leading Cities, 2024
Vehicles in Operation by Age, 2024
Vehicles in Operation by Brand, 2024
Vehicles in Operation by Powertrain, 2024

Growth Generator in the Automotive Aftermarket Sector: New and Used Vehicle Market Analysis

New Vehicle and Used Vehicle Sales, Forecast to 2030
New Vehicle Sales, 2024
Used Vehicle Sales, 2024

Growth Generator in the Automotive Aftermarket Sector

Growth Metrics
Growth Drivers
Growth Restraints
Forecast Considerations
Automotive Aftermarket Revenue, Forecast to 2030
Automotive Parts Revenue Breakdown by Parts Type
Forecast Analysis

Growth Generator in the Automotive Aftermarket Sector: Automotive Aftermarket Analysis

Traditional Distribution Channel
Automotive Aftermarket by Channels
Competitors to Watch in China's Aftermarket
Key Business Models in the Aftermarket
Key Business Models in the EV Aftermarket
Case Study: Competitive Landscape of Tier 1 Suppliers
Case Study: Increasing Aggregation of Independent Aftermarket Channels with Broader Application Scenarios
Case Study: Growth Roadmap of Key Service Aggregator
Leading Automotive Parts Suppliers

Growth Opportunity Universe in the Automotive Aftermarket Sector

Growth Opportunity 1: Robust Growth of EVs in Operation
Growth Opportunity 2: Rise of EVs and AI Integration in the Automotive Industry
Growth Opportunity 3: Expansion of Domestic Automotive Parts Brands

Appendix

Table of Acronyms Used

Next Steps

Benefits and Impacts of Growth Opportunities
Next Steps
List of Exhibits
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