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(Transportation-News.com, August 03, 2018 ) Market Overview:-
Global Automotive Aftermarket Industry is led by replacement parts accounting for over USD 350 billion in 2015. These parts are used as replacement over original auto parts after wear & tear, damage or reduction in vehicle performance.
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Growing automotive industries coupled with rise in manufacturing facilities for vehicle parts will propel the market growth. Increasing preference for vehicle safety, comfort, periodic maintenance and improving efficiency will drive the revenue growth.
Top Key Players:-
The key players of global Automotive Aftermarket Industry are 3M, Delphi, Denso, Robert Bosch, ASIMCO, Akebone Brake Co, Magneti Marelli and Continental, Federal Mogul, ALCO Filters and Cooper tires and Shandong Zhengnuo Group.
Regional Segmentations:-
North America automotive aftermarket industry share was valued more than USD 165 billion in 2015. Large presence of consumer base as well as manufacturing facilities will drive the business growth. Moreover, extensive research and development activities and rapid technological developments in the region will drive the product demand.
Europe, dominated by Germany, Russia and UK automotive aftermarket will witness growth over 4% up to 2024. Growing number of manufacturing and service outlets is likely to provide lucrative opportunities for market growth in the region. Stringent government regulations on fuel efficiency has increased the demand for maintenance and repairs among the customers.
Asia-Pacific, led by India and China was valued around USD 90 billion in 2015. The region is the fastest growing automotive aftermarket industry owing to increasing automotive sales coupled with rising population. High workforce, easy availability of land and economic resources will further foster the product scope.
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Major Points of Table Of Content:-
3. Automotive Aftermarket Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 – 2024 (USD Million)
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Margin analysis
3.3.2.1. Manufacturer
3.3.2.2. Distributor
3.3.3. Distribution channel analysis
3.4. Technology & innovation landscape
3.5. Regulatory landscape
3.5.1. Vehicle parts standards
3.5.2. NHTSA regulations
3.5.2.1. China
3.5.2.1.1. The 11th Five-Year Plan
3.5.2.1.2. Vehicle emission regulations
3.5.2.2. U.S.
3.5.2.3. Germany
3.5.2.4. India
3.5.2.4.1. Contract manufacturing scenario
3.6. Global automotive industry overview
3.6.1. Major automotive trends
3.6.2. Advantages of manufacturing
3.6.2.1. OEM versus aftermarket
3.6.2.2. Opportunities
3.6.2.3. Service market overview
3.6.3. Vehicle parc (on road) statistics
3.6.3.1. Historical data 2006 – 2015
3.6.3.1.1. North America
3.6.3.1.2. Europe
3.6.3.1.3. APAC
3.6.3.1.4. LATAM
3.6.3.1.5. MEA
3.6.3.2. Estimated & forecast data 2016 – 2024
3.6.3.2.1. North America
3.6.3.2.2. Europe
3.6.3.2.3. APAC
3.6.3.2.4. LATAM
3.6.3.2.5. MEA
3.6.4. Collision statistics by country 2010 – 2016
3.6.4.1. U.S.
3.6.4.2. Canada
3.6.4.3. Germany
3.6.4.4. UK
3.6.4.5. Russia
3.6.4.6. China
3.6.4.7. India
3.6.4.8. Japan
3.6.4.9. Brazil
3.6.4.10. Mexico
3.6.4.11. South Africa
3.6.5. Insurance landscape
3.6.5.1.1. North America
3.6.5.1.2. Europe
3.6.5.1.3. APAC
3.6.5.1.4. LATAM
3.6.5.1.5. MEA
3.7. Trade statistics
3.7.1. Top 10 exporters
3.7.1.1. Export tariffs
3.7.2. Top 10 importers
3.7.2.1. Import tariffs
3.8. Global automotive aftermarket industry share by vehicle, 2015 & 2024
3.8.1. 0-5-year-old
3.8.2. 6-10-year-old
3.8.3. More than 10-year-old
3.9. Industry impact forces
3.9.1. Growth drivers
3.9.1.1. Demand drivers
3.9.1.2. Supply drivers
3.9.2. Industry pitfalls & challenges
3.10. Growth potential analysis
3.11. Porter's analysis
3.12. Competitive landscape, 2015
3.12.1. Strategic dashboard
3.13. PESTEL analysis
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Stringent government regulations to minimize carbon emission has encouraged the need for automobile maintenance. Rising demand to enhance quality and lifespan of vehicles has encouraged replacements of older vehicle parts with new and authentic auto components.
Technological advancement in telematics coupled with rise in usage of plastics to reduce automobile weight will propel the product demand. Moreover, add-on services including installation of auto components, internal & external accessories and 24/7 customer support are the factors positively influencing product penetration.
Global Market Insights, Inc.
Arun Hegde
1-888-689-0688
sales@gminsights.com
Source: EmailWire.Com 
Source: EmailWire.com
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