A World of Opportunity for the Automotive Aftermarket Market: Faurecia, Toyota, Delphi, Continental
Posted: Nov 05, 2018
Asia-pacific is expected to grow at the highest CAGR during the forecast period. This is due to economic growth in countries such as China and India, leading to rising living standards and high disposable income.
Automotive Aftermarket market is anticipated to reach USD 519.2 billion by 2026. In 2017, the tire segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global market.
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Table of Contents
Chapter 1. Overview and Scope
Chapter 2. Executive Summary
Chapter 3. Automotive Aftermarket Market Insights
Chapter 4. Automotive Aftermarket Market Size and Forecast, 2017-2026 by Product
Chapter 5. Automotive Aftermarket Market Size and Forecast, 2017-2026 by Vehicle Type
Chapter 6. Automotive Aftermarket Market Size and Forecast, 2017-2026 by Sales Channel
Chapter 7. Automotive Aftermarket Market Size and Forecast, 2017-2026 by Region
Chapter 7. Company Profiles
The expanding global automotive industry, along with increasing average age of vehicles majorly drives the market growth. Consumers are increasingly becoming aware of proper maintenance and repair of vehicles, which supports market growth.
Other factors driving market growth include greater need for long distance travel, technological advancements in telematics technologies, and changing lifestyles. New emerging markets, emerging consumer demographics, and sale through online channels would provide growth opportunities for automotive aftermarket market in the coming years.
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- Royal Dutch Shell PLC
- Denso Corporation
- Johnsons Controls Inc.
- Exide Technologies
- 3M Company
- Delphi Automotive PLC
The automotive aftermarket market is highly competitive. Vendors offer products and services required for repair and maintenance for wide range of cars, trucks, vans, and buses. Consumers consider factors such as quality, price, convenience, and vehicle age before making informed decisions about repair and maintenance offered by market players.
- Industry overview
- Industry trends
- Market drivers and restraints
- Market size
- Growth prospects
- Porter’s analysis
- PESTEL Analysis
- Value Chain Analysis
- Key market opportunities prioritized
- Competitive landscape
- Product benchmarking
- Latest strategic developments
The various types of automotive aftermarket products include tire, wheels, battery, lighting, exhaust components, body parts, accessories, telematics, and others. The tire segment is expected to lead the market during the forecast period. Tires are easily damaged by external factors and need to be replaced periodically. There has been an increasing demand of radial tires owing to low rolling resistance, higher durability, and enhanced service.
companies profiled in the report include Royal Dutch Shell PLC, Denso Corporation, Johnsons Controls Inc., Exide Technologies, Inc., Faurecia,3M Company, Delphi Automotive PLC, Magneti Marelli S.p.A, Goodyear Tire & Rubber Company, Delphi, Robert Bosch GmbH, Cooper Tire & Rubber Company among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
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Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.