Introduction
Automotive After Market was valued at USD xx Billion in 2019 and is projected to reach a value of USD xx billion by 2025, at a CAGR of xx at 2025. The digitization of product distribution products and services, along with internet platforms that sell aftermarket parts in collaboration with multinational vehicle vendors, is expected to attract substantial investments from key players. The demand is powered primarily by the desire of car drivers to enhance their vehicle performance in terms of exhaust tone, speed, appearance, as well as other aspects. Regional authorities, such as the Japanese Automobile Sports Muffler Association (JASMA), and the United States. Environmental Protection Agency, track built-up requirements and environmental effects associated with the operation of vehicle parts, for example, noise pollution levels associated with modern-day exhaust system resonators and mufflers. The increased digitalization and growing Internet-of - Things (IoT) phenomenon are projected to have a major effect on the development of the industry.
Although technological improvements have created multiple market opportunities, high R&D spending over the forecast period is expected to impede market growth.
Geographical Overview
The aftermarket is segmented by country into North America, Latin America, Africa , Asia Pacific and MEA. In 2019, Asia Pacific led the aftermarket in terms of revenue, and is expected to see significant growth from 2020 to 2027.
Advanced technology usage in automobile parts manufacturing, expanded vehicle and passenger car development and distribution, and automotive component delivery services digitization are expected to boost car sales in the country.
Universities and other research and development organizations are working towards rising the efficiency and operating efficiencies of essential vehicle products, thus raising the final product quality. A recent concept, developed by a team of researchers from Imperial College, London's Department of Chemical Engineering, uses up to 80 per cent less rare metal, lowering vehicle and component production costs considerably. Emerging markets, such as China, India , and Brazil, have seen major changes in the automobile industry over the past few years, and is projected to fuel demand growth in Asia Pacific.
Segmental Overview
Automotive After Market is segmented as per below specifications -
By Replacement Part:
• Tire
• Battery
• Brake parts
• Filters
• Body Parts
• Lighting & Electronic components
• Wheels
• Exhaust Components
Competitors Analysis:
Automotive After Market has presence of some of the key major players across globe which includes
• Continental AG
• 3M Company
• Delphi Automotive PLC
• Federal-Mogul Corporation
• Denso Corporation
• Magneti Marelli S.p.A.
• Robert Bosch GmbH
These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.
By Geographical Locations:
? North America
o U.S.
o Canada
? Europe
o U.K.
o Germany
o Poland
? Asia-Pacific
o China
o Japan
? MEA
? South America
o Brazil
Highlights of the report
What is Automotive After Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation
Market size projection based on Historical & current market trends
Market share analysis and key strategies adopted by leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations
Chapter 1 Research Objective
1.1 Need of the Research Report
1.2 Client Objectives
1.3 Offered Solutions
Chapter 2 Recommendations
2.1 Executive Summary
2.1.1 Market Overview
2.1.2 Competitive Insights
2.1.3 Segmental Analysis
2.1.4 Geographical Market Details
2.2 Lead Generation
2.3 Consultant
2.4 Return on Investment
Chapter 3 Research Methodology
3.1 Chromatus Database
3.2 Paid Sources
3.3 Primary Data Collection
3.3.1 Email Surveys
3.3.2 Telephonic Interviews
3.3.3 Face to Face Interviews
3.4 Secondary Data Collection
3.4.1 Annual Reports
3.4.2 Government Publications
3.4.3 Trade Data
3.4.4 Association Data
3.4.5 Research Papers/ Blogs/ News Articles
3.5 Expert Advisory Panel
3.6 Data Analytics Model
Chapter 4 Automotive After Market Overview
4.1 Parent Market Overview
4.2 Patent Analysis
4.3 PESTEL Analysis
4.3.1 Political
4.3.2 Economical
4.3.3 Social
4.3.4 Technological
4.3.5 Legal
4.4 SWOT Analysis
4.4.1 Strengths
4.4.2 Weakness
4.4.3 Opportunities
4.4.4 Threats
4.5 Regulations
4.6 Value Chain/ Supply Chain Analysis
4.7 Procurement & Vendor Analysis
4.8 Porters Five Analysis
4.8.1 Threat of new entrants
4.8.2 Bargaining power of suppliers
4.8.3 Bargaining power of buyers
4.8.4 Threat of substitutes
4.8.5 Competitive rivalry
Chapter 5 Regional Analysis
Global Automotive After Market Estimation and Forecast, 2014 - 2025 (USD Billion)
5.1 North America Market
5.1.1 U.S.
5.1.1 Canada
5.2 Europe Market
5.2.1 UK
5.2.2 Germany
5.2.3 Poland
5.3 Asia Pacific Market
5.3.1 China
5.3.2 Japan
5.4 MEA
5.5 South America
5.5.1 Brazil
Chapter 6 Company Profile
6.1 Continental AG
6.1.1 Introduction
6.1.2 Financial Overview
6.1.3 Product Portfolio
6.1.4 Recent Developments
6.1.5 SWOT Analysis
6.2 3M Company
6.3 Delphi Automotive PLC
6.4 Federal-Mogul Corporation
6.5 Denso Corporation
6.6 Magneti Marelli S.p.A.
6.7 Robert Bosch GmbH
Chapter 7 Competitor Analysis
7.1 Company Ranking
7.2 Key Innovators
7.3 Market Leader
7.4 Emerging Players
7.5 Strategic Alliances
7.6 Competitive Matrix of 12 Companies
Chapter 8 Global Automotive After Market by Replacement Part Type Estimation and Forecast, 2014 - 2025 (USD Billion)
8.1 Tire
8.2 Battery
8.3 Brake Parts
8.4 Filters
8.5 Body Parts
8.6 Lighting & Electronic Components
8.7 Wheels
8.8 Exhaust Components
Chapter 9 Appendix
9.1 Data Sources
9.2 Abbreviations
9.3 About US
9.4 Disclaimer
9.5 Key Notes
Table 1 Global Automotive After Market, by Region, 2014 - 2025 (USD Billion)
Table 2 Global Automotive After Market, by Product Type, 2014 - 2025 (USD Billion)
Table 3 Global Automotive After Market, by Consumption Type, 2014 - 2025 (USD Billion)
Table 4 Global Automotive After Market, by Distribution Type, 2014 - 2025 (USD Billion)
Table 5 North America Automotive After Market 2014 - 2025 (USD Billion)
Table 6 North America Automotive After Market by Product Type 2014 - 2025 (USD Billion)
Table 7 North America Automotive After Market by Consumption Type 2014 - 2025 (USD Billion)
Table 8 North America Automotive After Market by Distribution Type 2014 - 2025 (USD Billion)
Table 9 US Automotive After Market 2014 - 2025 (USD Billion)
Table 10 Canada Automotive After Market 2014 - 2025 (USD Billion)
Table 11 Europe Automotive After Market 2014 - 2025 (USD Billion)
Table 12 Europe Automotive After Market by Product Type 2014 - 2025 (USD Billion)
Table 13 Europe Automotive After Market by Consumption Type 2014 - 2025 (USD Billion)
Table 14 Europe Automotive After Market by Distribution Type 2014 - 2025 (USD Billion)
Table 15 UK Automotive After Market 2014 - 2025 (USD Billion)
Table 16 Germany Automotive After Market 2014 - 2025 (USD Billion)
Table 17 France Automotive After Market 2014 - 2025 (USD Billion)
Table 18 Spain Automotive After Market 2014 - 2025 (USD Billion)
Table 19 Italy Automotive After Market 2014 - 2025 (USD Billion)
Table 20 Russia & CIS Automotive After Market 2014 - 2025 (USD Billion)
Table 21 Rest of Europe Automotive After Market 2014 - 2025 (USD Billion)
Table 22 Asia Pacific Automotive After Market 2014 - 2025 (USD Billion)
Table 23 Asia Pacific Automotive After Market by Product Type 2014 - 2025 (USD Billion)
Table 24 Asia Pacific Automotive After Market by Consumption Type 2014 - 2025 (USD Billion)
Table 25 Asia Pacific Automotive After Market by Distribution Type 2014 - 2025 (USD Billion)
Table 26 China Automotive After Market 2014 - 2025 (USD Billion)
Table 27 Japan Automotive After Market 2014 - 2025 (USD Billion)
Table 28 India Automotive After Market 2014 - 2025 (USD Billion)
Table 29 South Korea Automotive After Market 2014 - 2025 (USD Billion)
Table 30 ASEAN Automotive After Market 2014 - 2025 (USD Billion)
Table 31 Rest of Asia Pacific Automotive After Market 2014 - 2025 (USD Billion)
Table 32 Latin America Automotive After Market 2014 - 2025 (USD Billion)
Table 33 Latin America Automotive After Market by Product Type 2014 - 2025 (USD Billion)
Table 34 Latin America Automotive After Market by Consumption Type 2014 - 2025 (USD Billion)
Table 35 Latin America Automotive After Market by Distribution Type 2014 - 2025 (USD Billion)
Table 36 Brazil Automotive After Market 2014 - 2025 (USD Billion)
Table 37 Argentina Automotive After Market 2014 - 2025 (USD Billion)
Table 38 Rest of Latin America Automotive After Market 2014 - 2025 (USD Billion)
Table 39 Middle East Automotive After Market 2014 - 2025 (USD Billion)
Table 40 Middle East Automotive After Market by Product Type 2014 - 2025 (USD Billion)
Table 41 Middle East Automotive After Market by Consumption Type 2014 - 2025 (USD Billion)
Table 42 Middle East Automotive After Market by Distribution Type 2014 - 2025 (USD Billion)
Table 43 Africa Automotive After Market 2014 - 2025 (USD Billion)
Table 44 Africa Automotive After Market by Product Type 2014 - 2025 (USD Billion)
Table 45 Africa Automotive After Market by Consumption Type 2014 - 2025 (USD Billion)
Table 46 Africa Automotive After Market by Distribution Type 2014 - 2025 (USD Billion)
Fig. 1 Primary Research Method
Fig. 2 Secondary Research Method
Fig. 3 Value chain analysis
Fig. 4 PESTEL Analysis
Fig. 5 SWOT Analysis
Fig. 6 Porters Five forces analysis
Fig. 7 Automotive After Market: Penetration & growth prospect mapping
Fig. 8 Automotive After Market: Competitive snapshot
Fig. 9 Automotive After Market: Segmental snapshot
Fig. 10 Market Overview
Fig. 11 Automotive After Market: Product Analysis, 2014 - 2025
Fig. 12 Automotive After Market: Regional Analysis, 2014 - 2025
Fig. 13 Automotive After Market: Competitive Matrix
Fig. 14 Automotive After Market: Revenue Mix