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(Transportation-News.com, September 30, 2018 ) According to Goldstein Research, Europe automotive aftermarket Industry is expected to reach USD 241.0billion by 2024, expanding at a CAGR of 3.1% over the forecast period, 2016-2024. Europe automotive aftermarket Market accounts for 30% of the global market. The advent of sales through online distribution channel is one of the driving factors in the growth of the market. Europe automotive aftermarket Market segmentation has been done on the basis of aftermarket product and services type, by end-user type, by distribution channel and geography. Based on the after-market products and services, wear-and-tear parts accounted for the largest revenue share of more than 59% in the automotive aftermarket Market. The Market is dominated Germany with about 45% market share.
On the other hand, Eastern Europe is the fastest growing region for automotive aftermarket Market majorly fueled by the Russia automotive Market, which is likely to grow at a CAGR of 7.3% during the forecast period.
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Market Segmentation
On the basis of our in-depth analysis, Europe Automotive Aftermarket Industry can be segmented as follows:
By After Market Products and Services Type
• Wear-and-Tear Parts
• Crash-Relevant Parts
• Accessories and Appearance Products
• Diagnostics Products
• Services (Fleet Management etc.)
By End Users Type
• Service Providers (Telematics, Fleet Management etc.)
• Independent Workshops
• Automotive OEM Workshop
By Distribution Channels
• Offline Distribution Channel
• Online Distribution Channel
By Countries
• The U.K. Automotive Aftermarket Industry Analysis, 2016-2024
• Germany Automotive Aftermarket Industry Analysis, 2016-2024
• France Automotive Aftermarket Industry Analysis, 2016-2024
• Italy Automotive Aftermarket Industry Analysis, 2016-2024
• Spain Automotive Aftermarket Industry Analysis, 2016-2024
• Poland Automotive Aftermarket Industry Analysis, 2016-2024
• Sweden Automotive Aftermarket Industry Analysis, 2016-2024
• Russia Automotive Aftermarket Industry Analysis, 2016-2024
• Rest Of Europe Automotive Aftermarket Industry Analysis, 2016-2024
Browse Full Report:https://www.goldsteinresearch.com/report/europe-automotive-aftermarket-industry-trends-size
“Europe Automotive Aftermarket Market Analysis” contains a detailed overview of the Europe automotive aftermarket Market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by aftermarket product and services type, end-user type, distribution channel and countries.
The Report encompasses the competitive outlook of major players that summarises the business strategies, revenue distribution, product portfolio, financial analysis, R&D activities and investments. The comprehensive analysis of the automotive aftermarket Market report helps the clients to assess their business strategies as per the competitive environment in the market space.
Major players of the Europe automotive aftermarket Market discussed in the report are 3M, Continental AG, Delphi Automotive PLC, Denso Corporation, Federal-Mogul Corporation, Magneti Marelli S.p.A., Goodyear Tire & Rubber Company, ZF Friedrichshafen AG, COOPER TIRE & RUBBER COMPANY, Robert Bosch GmbH, etc.
Further, The Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Automotive Aftermarket Market also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis, and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the industry, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.
Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.
Our analysts working on automotive industry market research report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in a rigorous examination of the current industry scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
Goldstein Research
Steve Blade
+1-646-568-7747
steve.blade@goldsteinresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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