Global Automotive Aftermarket Market Growth (Status and Outlook) 2025-2031

Publication ID:

LPI01253985

Publication Date:

January 29, 2025

Pages:

136

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturing (Automotive) [2]

Components [3]

Automotive [4]

Description:

The global Automotive Aftermarket market size is predicted to grow from US$ 1066310 million in 2025 to US$ 1304960 million in 2031; it is expected to grow at a CAGR of 3.4% from 2025 to 2031.
The automotive aftermarket is the secondary market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories.
United States is the largest market of the automotive aftermarket with share over 28.8%. China will rank the first worldwide in sales for an eighth straight year.
Bridgestone, Michelin, Autozone, Genuine Parts Company, Goodyear, Continental, Advance Auto Parts, O"Reilly Auto Parts, Bosch are the main players in the market. The top 5 occupied 6% in 2019, the whole market is quite competitive.
Wear and Tear Parts is the most important type of Automotive Aftermarket, its market share is 43% in 2019, then followed by Tire Service and Crash Relevant Parts, which occupied 13.7% and 13.1% respectively.
Passengers car needs more services in automotive aftermarket compared to Commercial Vehicle, it took nearly 70% of the market.
The 鈥淎utomotive Aftermarket Industry Forecast鈥� looks at past sales and reviews total world Automotive Aftermarket sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Aftermarket sales for 2025 through 2031. With Automotive Aftermarket sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Aftermarket industry.
This Insight Report provides a comprehensive analysis of the global Automotive Aftermarket landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Automotive Aftermarket portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Automotive Aftermarket market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Aftermarket and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Aftermarket.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Aftermarket market by product type, application, key players and key regions and countries.
Segmentation by Type:
Wear and Tear Parts
Crash Relevant Parts
Maintenance Service
Diagnostics Products and Service
Tire Service
Other
Segmentation by Application:
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bridgestone
Michelin
Autozone
Genuine Parts Company
Goodyear
Continental
Advance Auto Parts
O'Reilly Auto Parts
Bosch
Tenneco
Belron International
Denso
Driven Brands
China Grand Automotive
Zhongsheng Group
3M Company
Yongda Group
Monro
Delphi
Tuhu Auto

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Automotive Aftermarket Market Size (2020-2031)
2.1.2 Automotive Aftermarket Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Automotive Aftermarket by Country/Region (2020, 2024 & 2031)
2.2 Automotive Aftermarket Segment by Type
2.2.1 Wear and Tear Parts
2.2.2 Crash Relevant Parts
2.2.3 Maintenance Service
2.2.4 Diagnostics Products and Service
2.2.5 Tire Service
2.2.6 Other
2.3 Automotive Aftermarket Market Size by Type
2.3.1 Automotive Aftermarket Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Automotive Aftermarket Market Size Market Share by Type (2020-2025)
2.4 Automotive Aftermarket Segment by Application
2.4.1 Passenger Vehicle
2.4.2 Commercial Vehicle
2.5 Automotive Aftermarket Market Size by Application
2.5.1 Automotive Aftermarket Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Automotive Aftermarket Market Size Market Share by Application (2020-2025)
3 Automotive Aftermarket Market Size by Player
3.1 Automotive Aftermarket Market Size Market Share by Player
3.1.1 Global Automotive Aftermarket Revenue by Player (2020-2025)
3.1.2 Global Automotive Aftermarket Revenue Market Share by Player (2020-2025)
3.2 Global Automotive Aftermarket Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Automotive Aftermarket by Region
4.1 Automotive Aftermarket Market Size by Region (2020-2025)
4.2 Global Automotive Aftermarket Annual Revenue by Country/Region (2020-2025)
4.3 Americas Automotive Aftermarket Market Size Growth (2020-2025)
4.4 APAC Automotive Aftermarket Market Size Growth (2020-2025)
4.5 Europe Automotive Aftermarket Market Size Growth (2020-2025)
4.6 Middle East & Africa Automotive Aftermarket Market Size Growth (2020-2025)
5 Americas
5.1 Americas Automotive Aftermarket Market Size by Country (2020-2025)
5.2 Americas Automotive Aftermarket Market Size by Type (2020-2025)
5.3 Americas Automotive Aftermarket Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Automotive Aftermarket Market Size by Region (2020-2025)
6.2 APAC Automotive Aftermarket Market Size by Type (2020-2025)
6.3 APAC Automotive Aftermarket Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Automotive Aftermarket Market Size by Country (2020-2025)
7.2 Europe Automotive Aftermarket Market Size by Type (2020-2025)
7.3 Europe Automotive Aftermarket Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Automotive Aftermarket by Region (2020-2025)
8.2 Middle East & Africa Automotive Aftermarket Market Size by Type (2020-2025)
8.3 Middle East & Africa Automotive Aftermarket Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Automotive Aftermarket Market Forecast
10.1 Global Automotive Aftermarket Forecast by Region (2026-2031)
10.1.1 Global Automotive Aftermarket Forecast by Region (2026-2031)
10.1.2 Americas Automotive Aftermarket Forecast
10.1.3 APAC Automotive Aftermarket Forecast
10.1.4 Europe Automotive Aftermarket Forecast
10.1.5 Middle East & Africa Automotive Aftermarket Forecast
10.2 Americas Automotive Aftermarket Forecast by Country (2026-2031)
10.2.1 United States Market Automotive Aftermarket Forecast
10.2.2 Canada Market Automotive Aftermarket Forecast
10.2.3 Mexico Market Automotive Aftermarket Forecast
10.2.4 Brazil Market Automotive Aftermarket Forecast
10.3 APAC Automotive Aftermarket Forecast by Region (2026-2031)
10.3.1 China Automotive Aftermarket Market Forecast
10.3.2 Japan Market Automotive Aftermarket Forecast
10.3.3 Korea Market Automotive Aftermarket Forecast
10.3.4 Southeast Asia Market Automotive Aftermarket Forecast
10.3.5 India Market Automotive Aftermarket Forecast
10.3.6 Australia Market Automotive Aftermarket Forecast
10.4 Europe Automotive Aftermarket Forecast by Country (2026-2031)
10.4.1 Germany Market Automotive Aftermarket Forecast
10.4.2 France Market Automotive Aftermarket Forecast
10.4.3 UK Market Automotive Aftermarket Forecast
10.4.4 Italy Market Automotive Aftermarket Forecast
10.4.5 Russia Market Automotive Aftermarket Forecast
10.5 Middle East & Africa Automotive Aftermarket Forecast by Region (2026-2031)
10.5.1 Egypt Market Automotive Aftermarket Forecast
10.5.2 South Africa Market Automotive Aftermarket Forecast
10.5.3 Israel Market Automotive Aftermarket Forecast
10.5.4 Turkey Market Automotive Aftermarket Forecast
10.6 Global Automotive Aftermarket Forecast by Type (2026-2031)
10.7 Global Automotive Aftermarket Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Automotive Aftermarket Forecast
11 Key Players Analysis
11.1 Bridgestone
11.1.1 Bridgestone Company Information
11.1.2 Bridgestone Automotive Aftermarket Product Offered
11.1.3 Bridgestone Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Bridgestone Main Business Overview
11.1.5 Bridgestone Latest Developments
11.2 Michelin
11.2.1 Michelin Company Information
11.2.2 Michelin Automotive Aftermarket Product Offered
11.2.3 Michelin Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Michelin Main Business Overview
11.2.5 Michelin Latest Developments
11.3 Autozone
11.3.1 Autozone Company Information
11.3.2 Autozone Automotive Aftermarket Product Offered
11.3.3 Autozone Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Autozone Main Business Overview
11.3.5 Autozone Latest Developments
11.4 Genuine Parts Company
11.4.1 Genuine Parts Company Company Information
11.4.2 Genuine Parts Company Automotive Aftermarket Product Offered
11.4.3 Genuine Parts Company Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Genuine Parts Company Main Business Overview
11.4.5 Genuine Parts Company Latest Developments
11.5 Goodyear
11.5.1 Goodyear Company Information
11.5.2 Goodyear Automotive Aftermarket Product Offered
11.5.3 Goodyear Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Goodyear Main Business Overview
11.5.5 Goodyear Latest Developments
11.6 Continental
11.6.1 Continental Company Information
11.6.2 Continental Automotive Aftermarket Product Offered
11.6.3 Continental Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Continental Main Business Overview
11.6.5 Continental Latest Developments
11.7 Advance Auto Parts
11.7.1 Advance Auto Parts Company Information
11.7.2 Advance Auto Parts Automotive Aftermarket Product Offered
11.7.3 Advance Auto Parts Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Advance Auto Parts Main Business Overview
11.7.5 Advance Auto Parts Latest Developments
11.8 O'Reilly Auto Parts
11.8.1 O'Reilly Auto Parts Company Information
11.8.2 O'Reilly Auto Parts Automotive Aftermarket Product Offered
11.8.3 O'Reilly Auto Parts Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 O'Reilly Auto Parts Main Business Overview
11.8.5 O'Reilly Auto Parts Latest Developments
11.9 Bosch
11.9.1 Bosch Company Information
11.9.2 Bosch Automotive Aftermarket Product Offered
11.9.3 Bosch Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Bosch Main Business Overview
11.9.5 Bosch Latest Developments
11.10 Tenneco
11.10.1 Tenneco Company Information
11.10.2 Tenneco Automotive Aftermarket Product Offered
11.10.3 Tenneco Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Tenneco Main Business Overview
11.10.5 Tenneco Latest Developments
11.11 Belron International
11.11.1 Belron International Company Information
11.11.2 Belron International Automotive Aftermarket Product Offered
11.11.3 Belron International Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 Belron International Main Business Overview
11.11.5 Belron International Latest Developments
11.12 Denso
11.12.1 Denso Company Information
11.12.2 Denso Automotive Aftermarket Product Offered
11.12.3 Denso Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 Denso Main Business Overview
11.12.5 Denso Latest Developments
11.13 Driven Brands
11.13.1 Driven Brands Company Information
11.13.2 Driven Brands Automotive Aftermarket Product Offered
11.13.3 Driven Brands Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 Driven Brands Main Business Overview
11.13.5 Driven Brands Latest Developments
11.14 China Grand Automotive
11.14.1 China Grand Automotive Company Information
11.14.2 China Grand Automotive Automotive Aftermarket Product Offered
11.14.3 China Grand Automotive Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.14.4 China Grand Automotive Main Business Overview
11.14.5 China Grand Automotive Latest Developments
11.15 Zhongsheng Group
11.15.1 Zhongsheng Group Company Information
11.15.2 Zhongsheng Group Automotive Aftermarket Product Offered
11.15.3 Zhongsheng Group Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.15.4 Zhongsheng Group Main Business Overview
11.15.5 Zhongsheng Group Latest Developments
11.16 3M Company
11.16.1 3M Company Company Information
11.16.2 3M Company Automotive Aftermarket Product Offered
11.16.3 3M Company Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.16.4 3M Company Main Business Overview
11.16.5 3M Company Latest Developments
11.17 Yongda Group
11.17.1 Yongda Group Company Information
11.17.2 Yongda Group Automotive Aftermarket Product Offered
11.17.3 Yongda Group Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.17.4 Yongda Group Main Business Overview
11.17.5 Yongda Group Latest Developments
11.18 Monro
11.18.1 Monro Company Information
11.18.2 Monro Automotive Aftermarket Product Offered
11.18.3 Monro Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.18.4 Monro Main Business Overview
11.18.5 Monro Latest Developments
11.19 Delphi
11.19.1 Delphi Company Information
11.19.2 Delphi Automotive Aftermarket Product Offered
11.19.3 Delphi Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.19.4 Delphi Main Business Overview
11.19.5 Delphi Latest Developments
11.20 Tuhu Auto
11.20.1 Tuhu Auto Company Information
11.20.2 Tuhu Auto Automotive Aftermarket Product Offered
11.20.3 Tuhu Auto Automotive Aftermarket Revenue, Gross Margin and Market Share (2020-2025)
11.20.4 Tuhu Auto Main Business Overview
11.20.5 Tuhu Auto Latest Developments
12 Research Findings and Conclusion

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