Growing demand for digitization of aftermarket services in automobiles is driving the demand for the market

Vancouver, BC -- (SBWire) -- 03/09/2021 --Automotive Aftermarket Market is projected to reach USD 518.04 billion in 2027. The market growth is expected to increase through the digitalization of automobile repair and parts manufacturing, along with advanced technological incorporations of the production of automotive aftermarket components. The growing acceptance of semi-autonomous, electric, and hybrid and independent vehicles is expected to further fuel the growth of the industry.

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Subject matter experts conducting the study also take a closer look at the products at their development stage and in the pipeline to help business owners conclude on the business strategies that can lower their cost and promise great returns or profits. Strong emphasis on new launches, acquisition and mergers, collaboration, import and export status and supply chain management empowers the business evangelists, manufacturers and business owners build a robust strategy when it comes to making an investment.

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.

The global Automotive Aftermarket market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Automotive Aftermarket market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Automotive Aftermarket market.

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

Detailed Regional Analysis covers:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Benefits of Buying the Global Automotive Aftermarket Report:

Comprehensive analysis of the changing competitive landscape
Assists in decision making processes for the businesses along with detailed strategic planning methodologies
The report offers an 8-year forecast and assessment of the Global Automotive Aftermarket Market
Helps in understanding the key product segments and their estimated growth rate
In-depth analysis of market drivers, restraints, trends, and opportunities
Comprehensive regional analysis of the Global Automotive Aftermarket Market
Extensive profiling of the key stakeholders of the business sphere
Detailed analysis of the factors influencing the growth of the Global Automotive Aftermarket Market

To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/automotive-aftermarket

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Automotive Aftermarket Market Segmentation & Impact Analysis

    4.1. Automotive Aftermarket Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. High demand for new technologies in vehicles and digitization distribution channels

                    4.2.2.2. Increased sales of new and pre-owned vehicles

                    4.2.2.3. Ageing vehicle fleet along with poor road infrastructure

          4.2.3. Market restraints analysis

                    4.2.3.1. Adoption of vehicle safety technologies and rising electric vehicle sales

                    4.2.3.2. Lack of skilled labor due to COVID-19

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter's Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Automotive Aftermarket Market By Replacement Part Insights & Trends, Revenue (USD Billion)

    5.1. Replacement Part Dynamics & Market Share, 2019 & 2027

          5.1.1. Tire

          5.1.2. Battery

          5.1.3. Brake Parts

          5.1.4. Filters

          5.1.5. Body parts

          5.1.6. Lighting & Electronic Components

          5.1.7. Wheels

          5.1.8. Exhaust components

          5.1.9. Turbochargers

          5.1.10. Others

Chapter 6. Automotive Aftermarket Market By Certification Insights & Trends Revenue (USD Billion)

    6.1. Certification Dynamics & Market Share, 2019 & 2027

          6.1.1. Genuine Parts

          6.1.2. Certified Parts

          6.1.3. Uncertified Parts

Chapter 7. Automotive Aftermarket Market By Service Channel Insights & Trends Revenue (USD Billion)

    7.1. Service Channel Dynamics & Market Share, 2019 & 2027

          7.1.1. DIY

          7.1.2. DIFM

          7.1.3. OE

Continue…!

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