automotive aftermarket market research
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Robert Bosch. The aftermarket consists of vehicle parts, equipment, replacement tires, service repair, collision repair, and accessories. APTIV PLC, AUTONEUM GREAT BRITAIN LIMITED and COMPAGNIE GENERALE DES . The global automotive aftermarket size was valued at USD 408.5 billion in 2021. The Indian automotive aftermarket industry to experience rapid growth with CAGR of 7.6% over the forecast period i.e. 1; 2; Report Title Published Price Automotive Aftermarket Products Markets in China. June 10, 2019 . This is expected to enhance the company's business portfolio in the automotive aftermarket industry. Figure 1: Short-, medium- and long-term impact of COVID-19 on the car aftermarket, 2021. Refine your search ×. . This helps in rendering flexibility to the supply chains. Factors including crash repair and wear & tear are supporting the aftermarket component demand. Automotive aftermarket industry report classifies global market by share, trend, growth and on the basis of Product, Fitting, Application, and region. It analyzes business trends, industry share, financial evaluations, and geographical capture of key manufacturers and vendors. The global automotive aftermarket glass market size was USD 3.02 billion in 2018 and is anticipated to register a CAGR of 3.8% in terms of revenue from 2019 to 2025. More than 60 million new cars are sold globally each year, and existing sales generate revenue for businesses . According to Precedence Research, the global automotive aftermarket size is expected to hit US$ 950.1 billion by 2027 from at US$ 721.2 billion in 2021 with a registered CAGR of 4.61% from 2021 to . The country currently accounts for a 26.61% share in the global market. The report covers the competitive landscape and current position of major players in the global automotive aftermarket industry space. Global Automotive Aftermarket Appearance Chemicals Market Research Report 2021 - Impact of COVID-19 on the Market Published in Mar 2022 | US $ 3000 Onwards | By Maia Research The Automotive Aftermarket Appearance Chemicals market revenue was xx Million USD in 2016, grew to xx Million USD in 2021, and will reach xx Million USD in 2026, with a . Major growth drivers and restraints have been assessed to outline potential opportunity segments. Market size and forecast. Market Analysis and Insights Governments have enacted restrictions in terms of conducting business during the corona pandemic; however, the trend toward online trading in the automotive aftermarket is increasing sharply. The research report published by Goldstein Research will help you to identify market trends, demand, share, growth drivers, key players, along with detailed segmentation. Governments have enacted restrictions in terms of conducting business during the corona pandemic; however, the trend toward online trading in the automotive aftermarket is increasing sharply. In 2020, BorgWarner Inc., one of the leading companies providing clean and efficient technology solutions for combustion, hybrid and electric vehicles, acquired Delphi Technologies PLC, one of the prominent companies in automotive aftermarket. Automotive Aftermarket Market is segmented by type (Passenger Vehicles, Commercial Vehicles), Sales Channel (OEM, Professional Service Stations) and by region. Find market research and analysis that is reliable and actionable. The e-commerce automotive aftermarket size stood at $78,631.4 million in 2021, and it will advance at a CAGR of 10.4% during 2021-2030, primarily due to the increasing number of DIY customers. According to industry experts, the global automotive aftermarket industry witnessed a decline of approximately 20% in 2020, the largest in the 21 st century. According to the latest report published by Emergen Research, the global automotive aftermarket market size is expected to reach USD 518.04 billion in 2027 from USD 376.40 billion in 2019 and register a steady revenue CAGR of 4.2% during the forecast period. Auto Aftermarket Market Research Reports To refine your search by industry, market, geographic region, country or price, use Advanced Search or contact Client Services for assistance. The "eCommerce Automotive Aftermarket Market Research Report by Type (Braking, Filters (air, oil and cabin air), and Gaskets), Distribution Channel, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering. Global Automotive Aftermarket Market Global Size, Trends, Competitive, Historical & Forecast Analysis to 2022-2028, Rising online aftermarket automotive parts and components sales and aggressive expansion of OEMs into . Automotive Aftermarkets (EUROPEAN) - Industry Report. Both. DUBLIN--(BUSINESS WIRE)--The "eCommerce Automotive Aftermarket Market Research Report by Type (Braking, Filters (air, oil and cabin air), and Gaskets), Distribution Channel, Region (Americas, Asia . Title: Publisher: Keyword: Price(USD): To . The OEMs could grab a larger share in industry by resorting to technology that not only enhances labor productivity and use of capital but also lessens production cost. Global Automotive Aftermarket Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from industry experts. Increasing cases of road traffic accidents across the world coupled with high vehicle production are anticipated to boost the consumption of glass in the automotive aftermarket. E-commerce Automotive Aftermarket Market Research Report 2022 Size, Growth Rate, Demand, Development Status, Application and Regional Analysis, Future Business Prospect, Product Features, Trends . The Estimated CAGR of the automotive aftermarket industry mentioned in the research report is estimated to be approximately 4.40 percent. The automotive aftermarket market is expected to reach more than USD 519 billion by 2026 with a CAGR of 4% during the forecast period as per a new study released by Polaris Market Research . The 2021 report includes data collected from consumers and other on how much was spent, and where, on specialty-automotive parts and accessories in 2020. Diamond Bar, CA 91765. What is an automotive market research company? Figure 2: Market size and forecast for the car aftermarket, 2016-26. The worldwide automotive aftermarket market was valued at USD 224.50 billion in 2022, and it is expected to grow at a CAGR of 7.17 per cent to USD 340.25 billion by 2027. Press release - Syndicate Market Research - Global Wholesale and Distribution Automotive Aftermarket Market Innovations, Demand and Growth Forecast 2021-2027 - published on openPR.com Edison, NJ -- -- 02/03/2021 -- The research emphasizes elaboration of the COVID-19 Outbreak-Global Automotive Aftermarket market strategy of the industry players in the precision of import/export consumption, supply and demand.The study starts with an introduction about the company/manufacturers profiling stating strategic concept behind business using methods to assess and analyze market. According to industry experts, the global automotive aftermarket industry witnessed a decline of approximately 20% in 2020, the largest in the 21 st century. The market is majorly driven by the pursuit of automobile drivers to enhance their vehicle performance in terms of exhaust sound, speed, and appearance parameters along with many other aspects This research report includes in-depth coverage of the industry with estimates & forecast in terms of . A comprehensive business intelligence repository that covers established as well as evolving market trends. The U.S. automotive industry is second largest in the world for vehicle sales and production, this section provides resources to assist small businesses. Robert Bosch is headquartered in Gerlingen, Germany. Apr 01, 2022 | USD 1,000. Market Overview. The e-commerce automotive aftermarket size is expected to increase from an estimated $78,631.4 million in 2021 to $191,545.7 million by 2030 at a robust 10.4% CAGR. Rising client demands, continuing technology innovations, and more competition are the main drivers of the automobile industry's expansion. In 2020, BorgWarner Inc., one of the leading companies providing clean and efficient technology solutions for combustion, hybrid and electric vehicles, acquired Delphi Technologies PLC, one of the prominent companies in automotive aftermarket. Companies specializing in automotive aftermarket market research, both consumer or business-to-business (B2B) research. According to industry experts, the global automotive aftermarket industry witnessed a decline of approximately 20% in 2020, the largest in the 21 st century. IMR's research portfolio and service offerings provide a wide range of strategic and tactical solutions that provide insight into your most pressing . Phone: 909-610-2030. Frost & Sullivan's Global Automotive Aftermarket program area takes a 360-view of the industry, examining and analyzing product, geographic, technological, and business trends covering the entirety of the market. Report. The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Automotive Lubricants Aftermarket Market to Register Substantial Expansion by 2026 January 3, 2022 In "Latest Industry News". The market is expected to register a compound annual growth rate (CAGR) of 3.4% from 2022 to 2030. A stellar team of 50+ experienced automotive consultants who know the road ahead . Replacement product trends. Market Overview. Members of SEMA make, buy, sell and use all kinds of specialty parts and accessories in order to make vehicles more unique, personalized, convenient, faster, safer, more fun and even like a vehicle was when it rolled off the assembly line. This is expected to enhance the company's business portfolio in the automotive aftermarket industry. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Automotive Lubricant Market Expected To Surpass US$ 120 Bn, Globally, By 2026 January 21 . World's Prominent Companies in the Automotive Aftermarket Industry: Top 9 By Revenue Automotive Aftermarket Industry Research & Market Reports. According to Precedence Research, the global automotive aftermarket revenue was valued at US$ 693.08 Billion in 2019 and is predicted to hit over US$ 950 . The report also includes porter's five force model, SWOT analysis, company . From 2016 to 2020, sales of automotive parts in the aftermarket increased at a 1.2% CAGR, a slow growth rate because of massive production slowdowns in 2020 due to Covid-19.Countries such as China, the U.S., Germany, India, and Japan accounted for a large share of the global market. Sales Analysis of Automotive Parts from 2016 to 2020 Vs Market Projections for 2021 to 2031. Future Market Insights (FMI), an ESOMAR-certified market research firm, in an updated edition of its report, revised the forecast to 8.7% CAGR. It is a professional and a detailed report focusing on primary . . From product planning, OEM to aftermarket - we help you navigate every turn. The SEMA Market Report provides an overview on the state of the U.S. specialty-equipment market. Search Home; Reports; Covid-19 . Global Automotive Aftermarket Market Revenue (USD Billion) and Growth Rate Comparison by Product Type (2016-2027) 2021: 2024: 2027: CAGR: Battery: 60.49: 71.09: 84.98: 5.73: Tire: 145.96: . Automotive Aftermarket Market size was valued at USD 356.8 Billion in 2018 and is projected to reach USD 477.7 Billion by 2026, growing at a CAGR of 3.85% from 2019 to 2026.. The automotive aftermarket is the secondary market of the automotive industry. Other major driving factors for the market are the convenience offered by online shopping channels and growing market. The e-commerce automotive aftermarket size stood at $78,631.4 million in 2021, and it will advance at a CAGR of 10.4% during 2021-2030, primarily due to the increasing number of DIY customers. The COVID-19 pandemic will affect industries worldwide, but few can feel it as directly as the global commercial vehicles aftermarket. The BRIC Automotive Aftermarket industry profile provides top-line qualitative and quantitative summary information including: sector size (value and volume 2017-21, and forecast to 2026). The automotive aftermarket industry . AutomotiveAftermarket.org is your source for industry service providers, contact information, websites and reviews. The automotive aftermarket industry will witness a healthy growth from 2017 to 2023, a research report suggests. Automotive Door Panel Market Report. 2017-2025. Automotive aftermarket market is expected to gain market growth in the forecast period of 2022 to 2029. Market Research on Automotive Aftermarket in the United States having 44.00 pages and priced at USD 350.00 launched by MarketResearchReports.com. Find latest market research reports on Global Automotive Aftermarket Market Research Report 2018. info@wiseguyreports.com | +162 825 80070 (US) | +44 203 500 2763 (UK) Login. Data Library Research is an market research company that helps to find its passion for helping brands grow, discover, and transform. Allied Market Research remains observant to existing market structure for automotive aftermarket industry. April 2022. + 1 360 851 1343 (US) info@datalibraryresearch.com . Appropriate on-demand automotive parts are being made by making use of 3D printing. Rising automotive aftermarket shares in the automotive ecosystem is expected to support the market growth along with rapidly increasing automobile . Automotive Aftermarket is estimated to be USD 362 billion in 2017 according to a new report published by Polaris Market Research. Auto Aftermarket Market Research Reports To refine your search by industry, market, geographic region, country or price, use Advanced Search or contact Client Services for assistance. Automotive Coolant Aftermarket Market research report encompasses a comprehensive study of the product specifications, revenue, cost, price, gross capacity and production. India Automotive After Market worth US$ 32 Bn by 2027 with 14 % CAGR during the forecast period. India Automotive After Market: Industry analysis and Forecast (2019-2027) by Product, End User and Distribution Channel. The Automotive Aftermarket refers to the manufacturing, remanufacturing, retailing, and installation of all vehicle parts after the sale by the OEM (Original Equipment Manufacturer) to customers. The Global Automotive Aftermarket Market is expected to grow from AUD 391,803.73 Million in 2020 to AUD 560,842.16 Million by the end of 2025.Market Segmentation & Coverage:This research report . . Innovation is important as a method to fight off price competition. eCommerce Automotive Aftermarket Market Research Report by Type (Braking, Filters (air, oil and cabin air), and Gaskets), Distribution Channel, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2026 - Cumulative Impact of COVID-19. The global automotive door panel market size is expected to reach $34,158.6 million by 2025, from $24,115.1 million in 2017, growing at a CAGR of 4.4% from 2018 to 2025. Key areas that the program explores are: OES and aftermarket distribution. Aftermarket demand for automotive components in North America is forecast to expand 2.4% per year through 2021, promoted by growth in the size and average age of the light vehicle park; gains in the average number of miles driven annually; increasingly stringent regulation regarding emissions, fuel efficiency, hazardous materials, and occupant and pedestrian safety, boosting the number and . Read More . The Global Automotive Aftermarket Market is valued at USD 410.5 Billion in 2021 and is expected to reach USD 533.7 Billion by 2028 with a CAGR of 3.82% over the forecast period.. Sort by: Refine your search. Automotive Equipment Research Reports - market research reports from the Specialty Equipment Market Association; Automotive Aftermarket in 2030 - in depth look at the future of the . According to the market research study. E-commerce adoption in the automotive aftermarket has grown . Light-duty is a subset of the entire aftermarket.*. The automotive industry is a growing market comprised of many subgroups which include: engineering, design, next generation manufacturing, distribution, and aftermarket. May 13, 2022 (The Expresswire) -- Automotive Aftermarket for Spark Plugs Market provides a dynamic review of the . Report Code : A04824 Publish Date : Feb 2019 Pages: 265 Price From: $ 3,456 $ 3,110 (10%) Online Only : T&C. Report Code : A04824. The company was established in 1886. Automotive Aftermarket Market Size And Forecast. The Automotive Aftermarket market in the U.S. is estimated at US$122.2 Billion in the year 2022. Automotive Aftermarket industry size exceeded USD 560 billion in 2021 and will exhibit a growth rate of over 6.4% CAGR from 2022 to 2028. The global automotive aftermarket market is estimated to grow at a CAGR of 4.2% from USD 376.40 billion in 2019 to USD 518.04 billion in 2027. 1575 S. Valley Vista Drive. . The US light-duty automotive aftermarket is a $324 billion industry (2021) with a compound annual growth rate of nearly 4% projected through 2024. Automotive Aftermarket in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). Other major driving factors for the market are the convenience offered by online shopping channels and growing market. Volkmar Denner is the current CEO of Robert Bosch. eCommerce Automotive Aftermarket Market Research Report by Type, Distribution Channel, State - United States Forecast to 2027 - Cumulative Impact of COVID-19 $ 2949 April 2022. Impact of COVID-19 on the car aftermarket. Founded in 1975, IMR conducts syndicated and proprietary market research studies that focus on the automotive industry including the automotive aftermarket, heavy duty and fleet segments. Date: Region: Search Close. Heavy-duty Automotive Aftermarket Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. America's top 9automotive aftermarket companies. The report curated by Zion Market Research on the Global Automotive Aftermarket Market Research Report Covers, Future Trends, Size, Share, Past, Present Data and Deep Analysis, And Forecast, 2021 . Total US automotive aftermarket size. The MarketWatch News Department was not involved in the creation of this content. Subsidiaries: BSH Hausgeräte, ETAS, Bosch Rexroth and more. The automotive aftermarket in ASEAN is reeling from the COVID-19 impact, however, recovery is likely to be more immediate compared to European and American counterparts, according to a latest study. Automotive Parking Heater Market Is Expected To Generate Huge Profits By 2017 - 2025 February 16, 2022 In "Latest Industry News". Automotive companies are focused on controlling cost, improving efficiency and utilization of alternative energy engines. Register. DataLibraryResearch.com add report on Global Automotive Aftermarket Market, By Product, By Sales Outlet, and opportunities and forecast 2020-2027. From 2016 to 2020, sales of automotive parts in the aftermarket increased at a 1.2% CAGR, a slow growth rate because of massive production slowdowns in 2020 due to Covid-19.Countries such as China, the U.S., Germany, India, and Japan accounted for a large share of the global market. . Also, there is an estimated or expected reach of USD 1000 billion by the year 2027. Global 2-Wheeler Aftermarket Growth Opportunities $ 4950 February 2022. UCI International. The cagr is expected in the estimated forecasted period of 2017 to 2023. The market. This revised forecast takes into account sluggishness . Market growth is also expected to accelerate at a compound annual growth rate of 19%, demonstrating the strength of this corner of the automotive industry. China, the world's second . The global automotive silicone airbag market size is expected to grow to $610.77 million in 2026 at a CAGR of 17.7%. 1; 2; Report Title Published Price Automotive Aftermarket Products Markets in China. According to a new market research report by Technavio, the automotive aftermarket e-retailing market is expected to grow by 41.86 billion US dollars during 2020-2024. The technological advancement in the manufacturing of spare parts and accessories and digitalization of automotive maintenance and repair services are some of the market . It also examines how consumers and businesses adapted to the extraordinary events of 2020 . The "eCommerce Automotive Aftermarket Market Research Report by Type (Braking, Filters (air, oil and cabin air), and Gaskets), Distribution Channel, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.. Competitive Strategic Window: Global Automotive Aftermarket - Market Summary, Competitive Analysis and Forecast to 2026: Nov 22 2021: 52: USD 350.00: Global Power Sports Aftermarket Market Research Report 2021-2025: Feb 25 2021: 158: North America Electric Vehicle Aftermarket Market Size, Status and Forecast 2019-2028: Sep 12 2020: 40 The automotive aftermarket is the secondary market of the automotive industry, involved with the manufacturing, remanufacturing, distribution, retailing, and set up of all car parts, chemicals, instruments, equipment and accessories for mild and heavy autos, after the sale of the car by the . Market Analysis and Insights of Automotive Aftermarket Market . The COVID-19 pandemic's effect on retail shopping in 2020 resulted in a rapid shift to e-commerce adoption in the auto care industry, with e-commerce sales of aftermarket parts and accessories (excluding marketplaces) projected to increase by 11.7% to more than $18 billion in 2021. The automotive aftermarket industry market accounted for USD 403.6 billion in 2020 and is expected to reach USD 610.1 billion by 2028, growing at a CAGR of 5.7% from 2021 to 2028. And Robert Bosch founded the company, hence the name. June 10, 2019 . Automotive Aftermarket Market Research Reports. In terms of revenue, the global automobile and car manufacturing industry is estimated to generate $2.8 trillion globally after suffering a sharp decline in the first year of the COVID pandemic, subsequently followed by gradual increases. Data Bridge Market Research analyses the market to grow at a CAGR of 4.75% in the above-mentioned forecast period. The global automotive airbag silicone market size is expected to grow from $235.89 million in 2021 to $318.75 million in 2022 at a compound annual growth rate (CAGR) of 35.1%. Governments have enacted restrictions in terms of conducting business during the corona pandemic; however, the trend toward online trading in the automotive aftermarket is increasing sharply. DUBLIN--(BUSINESS WIRE)--The "eCommerce Automotive Aftermarket Market Research Report by Type (Braking, Filters (air, oil and cabin air), and Gaskets), Distribution Channel, Region (Americas, Asia . This report also provides the growth prospects for the market during the forecast period. The entire US aftermarket, including light, medium and heavy-duty vehicles, is projected at nearly $420 . Thanks for reading Worldwide Automotive Aftermarket E Retailing Industry research publication; you can opt for regional report version like Western Europe, USA, China, Southeast Asia, LATAM, APAC etc. Sales Analysis of Automotive Parts from 2016 to 2020 Vs Market Projections for 2021 to 2031. Growing at a CAGR of 4.40%, the market is projected to reach US$1000 billion by 2023. Wiseguyreports offers wide collection of premium market research reports. To support the market during the forecast period of 2017 to 2023 entire aftermarket. * as the commercial. 2022 ( the Expresswire ) -- automotive aftermarket in South Africa | market Insights... < /a UCI!, websites and reviews //www.marketinsightsreports.com/index.php/reports/03143032/automotive-aftermarket-in-south-africa '' > automotive aftermarket for Spark Plugs provides. ; Latest industry News & quot ; Latest industry News & quot ; industry. Along with rapidly increasing automobile above-mentioned forecast automotive aftermarket market research of 2022 to 2029 including key financial metrics and analysis impact... And aftermarket distribution, service repair, and transform volkmar Denner is secondary! The manufacturing of spare parts and accessories of 50+ experienced automotive aftermarket market research consultants who the! 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