PUBLISHER: GlobalData | PRODUCT CODE: 1476290
PUBLISHER: GlobalData | PRODUCT CODE: 1476290
The automotive aftermarket size revenue was valued at $899.9 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% over the forecast period. The automotive aftermarket report provides an executive-level overview of the current automotive aftermarket worldwide, with detailed forecasts of key indicators up to 2028.
This market intelligence report offers a thorough, forward-looking analysis of the global automotive aftermarket by component (both in volume and value terms), product family, channel, region, and key drivers in a concise format to help executives build proactive and profitable growth strategies.
The market growth is expected to be fueled by the shift to electric vehicles (EVs), the widespread adoption of advanced driver-assistance systems (ADAS) in vehicles, increasing e-commerce activity, and the popularity of shared mobility services. Additionally, regulatory requirements aimed at enhancing safety and environmental standards are escalating demand for products within the auto aftermarket sector.
This report provides overview and service addressable market for automotive aftermarket.
It identifies the key trends impacting growth of the automotive aftermarket over the next 12 to 24 months.
It includes global market forecasts for the automotive aftermarket and analysis of M&A deals, VF/PE deals, patents, and hiring trends.
It contains details of M&A deals in the automotive aftermarket and challenges impacting the automotive aftermarket.
The report covers competitive profiling of key companies in the market to provide a deeper understanding of industry competition.