The Global Automotive Aftermarket Market is projected to reach USD 518.04 billion in 2027. Rising disposable income and improved lifestyle are the key drivers of vehicle penetration, expected to drive the demand in the region, in developing countries like India and Brazil. The selling of aftermarket parts over the forecast period is expected to be powered by growth in the automotive manufacturing industry across different regions and by high emissions standards. Services and technological progress from third parties provide new, profitable income streams to exploit these opportunities. The industry also needs investment in product development, supply chain, organizational design, and pricing models in order to increase demand significantly.
The latest report, titled ‘Global Automotive Aftermarket Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Automotive Aftermarket market scenario. The research report provides the reader with an in-depth interpretation of the Automotive Aftermarket market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall Automotive Aftermarket industry. The market intelligence report is a prototype of the 360° overview of the global Automotive Aftermarket industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.
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Global Automotive Aftermarket Market Highlights:
- Regional demand estimation and forecast
- Product Mix Matrix
- RD Analysis
- Cost-Benefit Analysis
- Pre-commodity pricing volatility
- Supply chain optimization analysis
- Technological updates analysis
- Raw Material Sourcing Strategy
- Competitive Analysis
- Mergers Acquisitions
- Location Quotients Analysis
- Carbon Footprint Analysis
- Patent Analysis
- Vendor Management
Key players in the market include:
Bridgestone Corporation, Hella KGaA Hueck Co., Denso Corporation, Continental, ACDelco, Delphi Automotive, Fauraecia, BASF, Robert Bosch, and 3M Company, among others.
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Regional Segmentation:
- North America
- Latin America
- Europe
- Middle East Africa
- Asia Pacific
Emergen Research has segmented into the global Automotive Aftermarket on the basis of Product, Fitting, Application, and region:
- Replacement Part Outlook (Revenue: USD Billion; 2017-2027)
- Tire
- Battery
- Brake Parts
- Filters
- Body parts
- Lighting Electronic Components
- Wheels
- Exhaust components
- Turbochargers
- Others
- Certification Outlook (Revenue: USD Billion; 2017-2027)
- Genuine Parts
- Certified Parts
- Uncertified Parts
- Service Channel Outlook (Revenue: USD Billion; 2017-2027)
- DIY
- DIFM
- OE
- Distribution Channel Outlook (Revenue: USD Billion; 2017-2027)
- Retailers
- Wholesalers Distributors
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Report Highlights:
- Besides offering a vivid depiction of the global Automotive Aftermarket business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2021-2027).
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
- The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
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