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Electric Vehicle Aftermarket Market Size

  • Report ID: GMI6745
  • Published Date: Sep 2023
  • Report Format: PDF

Electric Vehicle Aftermarket Market Size

Electric Vehicle (EV) Aftermarket Market size was valued at USD 66.1 billion in 2022 and is anticipated to register a CAGR of 20.7% between 2023 and 2032. The increasing adoption of battery electric vehicle is propelling the market growth by expanding the customer base for maintenance, repairs, and customization. As more EVs hit the road, the demand for aftermarket services rises. EV owners require specialized support including battery upgrades, charging infrastructure, and software enhancements. The growing popularity of EVs is fueling innovation and investment in the aftermarket sector, creating opportunities for businesses to cater to the unique needs of this expanding sector.


The increasing preference for interior customization among EV owners is a significant factor boosting the electric vehicle aftermarket market. As consumers seek to personalize their EVs, businesses in the aftermarket sector are providing a range of interior customization options, from unique upholstery and lighting to advanced infotainment systems. This trend enhances the EV ownership experience and stimulates aftermarket demand, further expanding the ecosystem of products and services tailored to individual preferences.


Compatibility issues can hinder the electric vehicle aftermarket market demand by creating obstacles in sourcing and fitting replacement parts & accessories. The wide variety of EV models with different specifications and components can lead to difficulties in finding universally compatible aftermarket solutions. This complexity increases costs and limits the availability of aftermarket products & services, potentially frustrating consumers and impeding the market's ability to cater to the diverse needs of EV owners.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of electric vehicle aftermarket reached USD 66.1 billion in 2022 and is set to record 20.7% CAGR from 2023 to 2032, due to the increasing adoption of battery electric vehicles and the rapid expansion of customer base for maintenance, repairs, and customization worldwide.

The passenger cars type segment recorded over 65% of the market share in 2022, on account of the introduction of standardized replacement tires for passenger cars.

North America market held over 35% of the revenue share in 2022, owing to the presence of robust automotive sector with well-established aftermarket product dealerships in the region.

Robert Bosch GmbH, Aptiv PLC, GMB North America Inc., Bridgestone, MICHELIN, ZF Friedrichshafen AG, and Akebono Brake Corporation. are some of the major companies worldwide.

Electric Vehicle Aftermarket Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 351
  • Countries covered: 21
  • Pages: 200
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