Automotive Aftermarket Industry 2018 Global Market Forecast To 2023 Research report provides Automotive Aftermarket Global Market overview by Offering (Parts, Services), Channel (Authorized Repair, Independent Repair), Vehicle Age (0-4 years, 4-8 years, above 8 years) and Vehicle Type (Passenger Vehicle, Commercial Vehicle) – Forecast till 2023. Report provides Automotive Aftermarket Size, Share, Growth Factors, Opportunities, and Regional Market outlook.
Following Automotive Aftermarket Companies Market Analyzed In Report:
Aisin Seiki Co., Ltd. (Japan), Continental AG (Germany), Robert Bosch GmbH (Germany), Valeo (France), 3M (U.S.), Denso Corporation (Japan), Cooper Tire & Rubber Company (U.S.), Magneti Marelli S.p.A. (Italy), Sumitomo Electric Industries Ltd. (Japan), Aptiv PLC (U.K.), Federal-Mogul Corporation (U.S.), MAHLE GmbH (Germany), Schaeffler AG (Germany), ACDelco, Inc. (U.S.), and ZF Friedrichshafen AG (Germany).
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OEMs are finding new opportunities in regions such as Asia Pacific (APAC), Latin America and the Middle East. The automotive industry is witnessing a shift from advanced economies to emerging markets. Sales remain moderate in Europe and North America while countries such as China, Mexico and India are being viewed as new pockets of growth for the automotive industry. These countries are an attractive prospect for both new car sales and aftermarket business. For many carmakers, aftermarket business is a key focus area as it allows creation of attractive revenues and profit margins.
The market has witnessed advancement in the recent years also due to continuous product innovation and increased collaboration activities. Most players are competing on fronts such as quality and cost, which is reflecting favorably on the overall growth of the market. The factors are also helping the market players to strengthen their global market position. A huge number of companies currently operate in the automotive aftermarket, with large-sized players collectively commanding over the majority share of the market in terms of revenue. The strong grip of established companies and fierce competition is creating entry barriers for new player.
Global automotive aftermarket has been segmented into North America, Europe, Asia Pacific (APAC), and the Middles East & Africa (MEA). North America.
North America accounts for the most significant region in the automotive aftermarket and is closely followed by Europe and the Asia Pacific. The U.S. is home to some of the leading automotive aftermarket manufacturers, which also makes a major manufacturing hub of automotive aftermarket components.
Europe is expected to maintain its second position in the global automotive aftermarket over 2023. Factors such as the increased demand for automotive aftermarket product and rising trend of reuse is supporting the growth of the market in the region.
Table of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Stud
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
List of Tables:
TABLE 1 MARKET SYNOPSIS
TABLE 2 LIST OF ASSUMPTIONS
TABLE 3 LEADING SERVICE SHARE TRANSACTION INDICES (2016)
TABLE 4 FUNCTIONS OF EXHAUST SYSTEM COMPONENTS
TABLE 5 GLOBAL AUTOMOTIVE AFTERMARKET, BY OFFERING, 2016-2023(USD BILLION)
List of Figures:
FIGURE 1 GLOBAL AUTOMOTIVE AFTERMARKET: MARKET STRUCTURE
FIGURE 2 RESEARCH PROCESS OF MRFR
FIGURE 3 TOP DOWN & BOTTOM UP APPROACH
FIGURE 4 OLDER CAR OWNERS EXHIBIT DESIRABLE MAINTENANCE BEHAVIORS
FIGURE 5 HEADQUARTERS OF PARTICIPATING COMPANIES
FIGURE 6 GLOBAL REVENUE DISTRIBUTION OF PARTICIPATING COMPANIES2
FIGURE 7 INVESTMENT TREND IN AUTOMOTIVE AFTERMARKET BY MAJOR MANUFACTURERS
FIGURE 8 DRIVER, RESTRAINT AND TRENDS: GLOBAL AUTOMOTIVE AFTERMARKET
FIGURE 9 POTER’S FIVE FORCES ANALYSIS
FIGURE 10 SUPPLY CHAIN ANALYSIS: AUTOMOTIVE AFTERMARKET
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