Automotive Aftermarket Size to Hit USD 1,419.23 Billion by 2034

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Automotive Aftermarket, By Replacement Part

7.1. Automotive Aftermarket, by Replacement Part Type
7.1.1. Battery
7.1.1.1. Market Revenue and Forecast
7.1.2. Tire
7.1.2.1. Market Revenue and Forecast
7.1.3. Filters
7.1.3.1. Market Revenue and Forecast
7.1.4. Brake Parts
7.1.4.1. Market Revenue and Forecast
7.1.5. Turbochargers
7.1.5.1. Market Revenue and Forecast
7.1.6. Lighting & Electronic Components
7.1.6.1. Market Revenue and Forecast
7.1.7. Exhaust Components
7.1.7.1. Market Revenue and Forecast
7.1.8. Body Parts
7.1.8.1. Market Revenue and Forecast
7.1.9. Wheels
7.1.9.1. Market Revenue and Forecast
7.1.10. Others
7.1.10.1. Market Revenue and Forecast

Chapter 8. Global Automotive Aftermarket, By Service Channel

8.1. Automotive Aftermarket, by Service Channel
8.1.1. DIFM (Do it for Me)
8.1.1.1. Market Revenue and Forecast
8.1.2. DIY (Do it Yourself)
8.1.2.1. Market Revenue and Forecast
8.1.3. OE (Delegating to OEM’s)
8.1.3.1. Market Revenue and Forecast

Chapter 9. Global Automotive Aftermarket, By Distribution Channel

9.1. Automotive Aftermarket, by Distribution Channel
9.1.1. Wholesalers & Distributors
9.1.1.1. Market Revenue and Forecast
9.1.2. Retailers
9.1.2.1. Market Revenue and Forecast

Chapter 10. Global Automotive Aftermarket, By Certification

10.1. Automotive Aftermarket, by Certification
10.1.1. Certified Parts
10.1.1.1. Market Revenue and Forecast
10.1.2. Genuine Parts
10.1.2.1. Market Revenue and Forecast
10.1.3. Uncertified Parts
10.1.3.1. Market Revenue and Forecast

Chapter 11. Global Automotive Aftermarket, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue and Forecast, by Replacement Part
11.1.2. Market Revenue and Forecast, by Service Channel
11.1.3. Market Revenue and Forecast, by Distribution Channel
11.1.4. Market Revenue and Forecast, by Certification
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Replacement Part
11.1.5.2. Market Revenue and Forecast, by Service Channel
11.1.5.3. Market Revenue and Forecast, by Distribution Channel
11.1.5.4. Market Revenue and Forecast, by Certification
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Replacement Part
11.1.6.2. Market Revenue and Forecast, by Service Channel
11.1.6.3. Market Revenue and Forecast, by Distribution Channel
11.1.6.4. Market Revenue and Forecast, by Certification
11.2. Europe
11.2.1. Market Revenue and Forecast, by Replacement Part
11.2.2. Market Revenue and Forecast, by Service Channel
11.2.3. Market Revenue and Forecast, by Distribution Channel
11.2.4. Market Revenue and Forecast, by Certification
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Replacement Part
11.2.5.2. Market Revenue and Forecast, by Service Channel
11.2.5.3. Market Revenue and Forecast, by Distribution Channel
11.2.5.4. Market Revenue and Forecast, by Certification
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Replacement Part
11.2.6.2. Market Revenue and Forecast, by Service Channel
11.2.6.3. Market Revenue and Forecast, by Distribution Channel
11.2.6.4. Market Revenue and Forecast, by Certification
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Replacement Part
11.2.7.2. Market Revenue and Forecast, by Service Channel
11.2.7.3. Market Revenue and Forecast, by Distribution Channel
11.2.7.4. Market Revenue and Forecast, by Certification
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Replacement Part
11.2.8.2. Market Revenue and Forecast, by Service Channel
11.2.8.3. Market Revenue and Forecast, by Distribution Channel
11.2.8.4. Market Revenue and Forecast, by Certification
11.3. APAC
11.3.1. Market Revenue and Forecast, by Replacement Part
11.3.2. Market Revenue and Forecast, by Service Channel
11.3.3. Market Revenue and Forecast, by Distribution Channel
11.3.4. Market Revenue and Forecast, by Certification
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Replacement Part
11.3.5.2. Market Revenue and Forecast, by Service Channel
11.3.5.3. Market Revenue and Forecast, by Distribution Channel
11.3.5.4. Market Revenue and Forecast, by Certification
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Replacement Part
11.3.6.2. Market Revenue and Forecast, by Service Channel
11.3.6.3. Market Revenue and Forecast, by Distribution Channel
11.3.6.4. Market Revenue and Forecast, by Certification
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Replacement Part
11.3.7.2. Market Revenue and Forecast, by Service Channel
11.3.7.3. Market Revenue and Forecast, by Distribution Channel
11.3.7.4. Market Revenue and Forecast, by Certification
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Replacement Part
11.3.8.2. Market Revenue and Forecast, by Service Channel
11.3.8.3. Market Revenue and Forecast, by Distribution Channel
11.3.8.4. Market Revenue and Forecast, by Certification
11.4. MEA
11.4.1. Market Revenue and Forecast, by Replacement Part
11.4.2. Market Revenue and Forecast, by Service Channel
11.4.3. Market Revenue and Forecast, by Distribution Channel
11.4.4. Market Revenue and Forecast, by Certification
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Replacement Part
11.4.5.2. Market Revenue and Forecast, by Service Channel
11.4.5.3. Market Revenue and Forecast, by Distribution Channel
11.4.5.4. Market Revenue and Forecast, by Certification
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Replacement Part
11.4.6.2. Market Revenue and Forecast, by Service Channel
11.4.6.3. Market Revenue and Forecast, by Distribution Channel
11.4.6.4. Market Revenue and Forecast, by Certification
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Replacement Part
11.4.7.2. Market Revenue and Forecast, by Service Channel
11.4.7.3. Market Revenue and Forecast, by Distribution Channel
11.4.7.4. Market Revenue and Forecast, by Certification
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Replacement Part
11.4.8.2. Market Revenue and Forecast, by Service Channel
11.4.8.3. Market Revenue and Forecast, by Distribution Channel
11.4.8.4. Market Revenue and Forecast, by Certification
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Replacement Part
11.5.2. Market Revenue and Forecast, by Service Channel
11.5.3. Market Revenue and Forecast, by Distribution Channel
11.5.4. Market Revenue and Forecast, by Certification
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Replacement Part
11.5.5.2. Market Revenue and Forecast, by Service Channel
11.5.5.3. Market Revenue and Forecast, by Distribution Channel
11.5.5.4. Market Revenue and Forecast, by Certification
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Replacement Part
11.5.6.2. Market Revenue and Forecast, by Service Channel
11.5.6.3. Market Revenue and Forecast, by Distribution Channel
11.5.6.4. Market Revenue and Forecast, by Certification

Chapter 12. Company Profiles

12.1. p.A.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. 3M Company
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Continental AG
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Robert Bosch GmbH
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Federal-Mogul Corporation
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Denso Corporation
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

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Frequently Asked Questions

The global automotive aftermarket size was valued at USD 820.76 billion in 2024 and it is expected to hit around USD 1,419.23 billion by 2034.

The global automotive aftermarket is expected to grow at a CAGR of 5.62% during the forecast period 2025 to 2034.

Increasing sales of pre-owned and new vehicles, ageing of vehicles, and poor road conditions are some of the prominent factors that spur the growth of automotive aftermarket. As per Bureau of Transportation Statistics U.S., average age of passenger vehicles is 12 years. Thus, automotive components or parts demand replacement, thereby fuelling the growth of the market. In addition, Integration of advanced technologies such as Internet of Things (IoT), big data, and analytics in the distribution mode triggers the trend for online sales of automotive components. Besides this, rising adoption of electric vehicle and safety technologies offer significant challenge for the component replacement.

In terms of market value, the North America led the automotive aftermarket in 2024 and anticipated to register lucrative growth in the coming years.

On the basis of distribution channel, retailer segment projected to lead the market, whereas wholesale and distribution segment witness the fastest growth over the projected years.

By sales channel, Original Equipment (delegating to OEMs) expected to dominate the automotive aftermarket in the years to come. Brand name and consumer loyalty are the major factors that propel the market growth for OE segment.

The key players operating in the automotive aftermarket are MagnetiMarelliS.p.A., 3M Company, Continental AG, Robert Bosch GmbH, Federal-Mogul Corporation and Denso Corporation.