US Automotive Parts Aftermarket Market 2023-2027

List of Tables

Automotive Parts Aftermarket Market in US 2023-2027

Technavio has been monitoring the automotive parts aftermarket market in US and is forecast to grow by $30.83 bn during 2022-2027, accelerating at a CAGR of 7.69% during the forecast period. Our report on the automotive parts aftermarket market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advantages and benefits of original OE replacement parts, growing average age of vehicles in US, and growing passion for vehicle customization and growth in number of vendors.

Technavio's automotive parts aftermarket market in US is segmented as below:

By Type

Passenger vehicles
Commercial vehicles

By Distribution Channel

Offline
Online

This study identifies the growing availability of automotive aftermarket parts on e-commerce platforms as one of the prime reasons driving the automotive parts aftermarket market growth during the next few years. Also, enhancing operating efficiency with industry 4.0 and growing demand for hybrid and all-electric vehicles will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the automotive parts aftermarket market in US covers the following areas:

Automotive parts aftermarket market sizing
Automotive parts aftermarket market forecast
Automotive parts aftermarket market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive parts aftermarket market vendors that include 3M Co., Adient Plc, Aisin Corp., American Axle and Manufacturing Holdings Inc., Aptiv Plc, DENSO Corp., FlexNGate Group of Companies, Lear Corp., Magna International Inc., NGK SPARK PLUG Co. Ltd., Panasonic Holdings Corp., Pioneer Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Schaeffler AG, Stellantis NV, Tenneco Inc., Valeo SA, Yazaki Corp., and ZF Friedrichshafen AG. Also, the automotive parts aftermarket market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR43427

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Type
Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 automotive parts aftermarket market in US 2017 - 2021
Exhibit 15: Historic Market Size - Data Table on automotive parts aftermarket market in US 2017 - 2021 ($ billion)
4.2 Type Segment Analysis 2017 - 2021
Exhibit 16: Historic Market Size - Type Segment 2017 - 2021 ($ billion)
4.3 Distribution channel Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size - Distribution channel Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

6.1 Market segments
Exhibit 25: Chart on Type - Market share 2022-2027 (%)
Exhibit 26: Data Table on Type - Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 27: Chart on Comparison by Type
Exhibit 28: Data Table on Comparison by Type
6.3 Passenger vehicles - Market size and forecast 2022-2027
Exhibit 29: Chart on Passenger vehicles - Market size and forecast 2022-2027 ($ billion)
Exhibit 30: Data Table on Passenger vehicles - Market size and forecast 2022-2027 ($ billion)
Exhibit 31: Chart on Passenger vehicles - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Passenger vehicles - Year-over-year growth 2022-2027 (%)
6.4 Commercial vehicles - Market size and forecast 2022-2027
Exhibit 33: Chart on Commercial vehicles - Market size and forecast 2022-2027 ($ billion)
Exhibit 34: Data Table on Commercial vehicles - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Type
Exhibit 37: Market opportunity by Type ($ billion)
Exhibit 38: Data Table on Market opportunity by Type ($ billion)

7 Market Segmentation by Distribution Channel

7.1 Market segments
Exhibit 39: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 40: Data Table on Distribution Channel - Market share 2022-2027 (%)
7.2 Comparison by Distribution Channel
Exhibit 41: Chart on Comparison by Distribution Channel
Exhibit 42: Data Table on Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2022-2027
Exhibit 43: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 44: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 45: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibit 46: Data Table on Offline - Year-over-year growth 2022-2027 (%)
7.4 Online - Market size and forecast 2022-2027
Exhibit 47: Chart on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 48: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 49: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Online - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Distribution Channel
Exhibit 51: Market opportunity by Distribution Channel ($ billion)
Exhibit 52: Data Table on Market opportunity by Distribution Channel ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 53: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Trends

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 54: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends

10 Vendor Landscape

10.1 Overview
10.2 Vendor landscape
Exhibit 55: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 56: Overview on factors of disruption
10.4 Industry risks
Exhibit 57: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered
Exhibit 58: Vendors covered
11.2 Market positioning of vendors
Exhibit 59: Matrix on vendor position and classification
11.3 Adient Plc
Exhibit 60: Adient Plc - Overview
Exhibit 61: Adient Plc - Business segments
Exhibit 62: Adient Plc - Key offerings
Exhibit 63: Adient Plc - Segment focus
11.4 Aisin Corp.
Exhibit 64: Aisin Corp. - Overview
Exhibit 65: Aisin Corp. - Business segments
Exhibit 66: Aisin Corp. - Key offerings
Exhibit 67: Aisin Corp. - Segment focus
11.5 American Axle and Manufacturing Holdings Inc.
Exhibit 68: American Axle and Manufacturing Holdings Inc. - Overview
Exhibit 69: American Axle and Manufacturing Holdings Inc. - Business segments
Exhibit 70: American Axle and Manufacturing Holdings Inc. - Key offerings
Exhibit 71: American Axle and Manufacturing Holdings Inc. - Segment focus
11.6 Aptiv Plc
Exhibit 72: Aptiv Plc - Overview
Exhibit 73: Aptiv Plc - Business segments
Exhibit 74: Aptiv Plc - Key offerings
Exhibit 75: Aptiv Plc - Segment focus
11.7 DENSO Corp.
Exhibit 76: DENSO Corp. - Overview
Exhibit 77: DENSO Corp. - Business segments
Exhibit 78: DENSO Corp. - Key news
Exhibit 79: DENSO Corp. - Key offerings
Exhibit 80: DENSO Corp. - Segment focus
11.8 FlexNGate Group of Companies
Exhibit 81: FlexNGate Group of Companies - Overview
Exhibit 82: FlexNGate Group of Companies - Product / Service
Exhibit 83: FlexNGate Group of Companies - Key offerings
11.9 Lear Corp.
Exhibit 84: Lear Corp. - Overview
Exhibit 85: Lear Corp. - Business segments
Exhibit 86: Lear Corp. - Key news
Exhibit 87: Lear Corp. - Key offerings
Exhibit 88: Lear Corp. - Segment focus
11.10 Magna International Inc.
Exhibit 89: Magna International Inc. - Overview
Exhibit 90: Magna International Inc. - Business segments
Exhibit 91: Magna International Inc. - Key news
Exhibit 92: Magna International Inc. - Key offerings
Exhibit 93: Magna International Inc. - Segment focus
11.11 Panasonic Holdings Corp.
Exhibit 94: Panasonic Holdings Corp. - Overview
Exhibit 95: Panasonic Holdings Corp. - Business segments
Exhibit 96: Panasonic Holdings Corp. - Key news
Exhibit 97: Panasonic Holdings Corp. - Key offerings
Exhibit 98: Panasonic Holdings Corp. - Segment focus
11.12 Pioneer Corp.
Exhibit 99: Pioneer Corp. - Overview
Exhibit 100: Pioneer Corp. - Business segments
Exhibit 101: Pioneer Corp. - Key offerings
Exhibit 102: Pioneer Corp. - Segment focus
11.13 Robert Bosch GmbH
Exhibit 103: Robert Bosch GmbH - Overview
Exhibit 104: Robert Bosch GmbH - Business segments
Exhibit 105: Robert Bosch GmbH - Key news
Exhibit 106: Robert Bosch GmbH - Key offerings
Exhibit 107: Robert Bosch GmbH - Segment focus
11.14 Schaeffler AG
Exhibit 108: Schaeffler AG - Overview
Exhibit 109: Schaeffler AG - Business segments
Exhibit 110: Schaeffler AG - Key offerings
Exhibit 111: Schaeffler AG - Segment focus
11.15 Stellantis NV
Exhibit 112: Stellantis NV - Overview
Exhibit 113: Stellantis NV - Business segments
Exhibit 114: Stellantis NV - Key news
Exhibit 115: Stellantis NV - Key offerings
Exhibit 116: Stellantis NV - Segment focus
11.16 Yazaki Corp.
Exhibit 117: Yazaki Corp. - Overview
Exhibit 118: Yazaki Corp. - Product / Service
Exhibit 119: Yazaki Corp. - Key offerings
11.17 ZF Friedrichshafen AG
Exhibit 120: ZF Friedrichshafen AG - Overview
Exhibit 121: ZF Friedrichshafen AG - Business segments
Exhibit 122: ZF Friedrichshafen AG - Key news
Exhibit 123: ZF Friedrichshafen AG - Key offerings
Exhibit 124: ZF Friedrichshafen AG - Segment focus

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 125: Inclusions checklist
Exhibit 126: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 127: Currency conversion rates for US$
12.4 Research methodology
Exhibit 128: Research methodology
Exhibit 129: Validation techniques employed for market sizing
Exhibit 130: Information sources
12.5 List of abbreviations
Exhibit 131: List of abbreviations