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Market Share

  • Report ID: GMI1166
  • Published Date: Mar 2022
  • Report Format: PDF
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Automotive AfterMarket Share

Parts manufacturers are expanding their product portfolio to serve larger number of consumers. Further, they are collaborating with car care product suppliers to strengthen their presence in automotive aftermarket. A high degree of competition is present in the global industry. Key participants are also expanding their presence in emerging economies to meet the growing need for aftermarket products & solutions.

  • Lear Corporation
  • BASF SE
  • Yazaki Corporation
  • Cooper Tire & Rubber Company
  • ALCO Filters Ltd.
  • Continental AG
  • Bridgestone Corporation
  • Delphi Technologies
  • Denso Corporation
  • Hella GmbH & Co. KGaA
  • 3M
  • Akebono Brake Corporation
  • Federal-Mogul Holdings LLC.
  • Shandong Zhengnuo Group Co., Ltd.
  • ASIMCO
  • ACDelco Corporation
  • Faurecia USA Holdings, Inc.
  • Magneti Marelli
  • Robert Bosch GmbH
  • Aisin Seiki
  • Hyundai Mobis Co., Ltd.
  • Johnson Controls
  • Toyota Motor Corporation
  • ZF Friedrichshafen AG
  • Magna International, Inc
Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

The automotive aftermarket industry size was pegged around USD 560 billion in 2021 and it may record a CAGR of 6.4% through 2028, according to this GMI report.

The replacement parts segment is a dominant one in the market and may account for more than 80% revenue share by 2028 owing to rising number of vehicle registrations worldwide.

The professional stores segment is likely to hold USD 550 billion by 2028 driven by consumer preferences toward close-to-home benefits and personalized services, which may increase the demand for car dealerships and garages.

North American industry is poised to reach around USD 275 billion by 2028, on account of a rise in the manufacturing of new cars in tandem with the development of older cars.

Automotive Aftermarket Scope

  • Automotive Aftermarket Size
  • Automotive Aftermarket Analysis
  • Automotive Aftermarket Share

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    Premium Report Details

    • Base Year: 2021
    • Companies covered: 24
    • Tables & Figures: 293
    • Countries covered: 21
    • Pages: 345
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