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(Transportation-News.com, October 02, 2018 ) According to Goldstein Research, global automotive aftermarket industry is expected to reach USD 763billion by 2025, expanding at a CAGR of 3.2% over the forecast period, 2017-2025. The advent of sales through online distribution channel is one of the driving factors in the growth of the market. automotive aftermarket industry segmentation has been done on the basis of aftermarket products and services, end users type, 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 52% in the industry. Where the industry is dominated by North America with about 35% market share.
On the other hand, Asia Pacific Automotive Aftermarket industry is the fastest growing region for automotive aftermarket industry majorly fueled by China and the regional market value is expected to increase at a CAGR of +6.4% during the forecast period.
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Market Segmentation
On the basis of our in-depth analysis, The market can be segmented as follows:
By Aftermarket 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 Region
• North America Automotive Aftermarket Market Analysis, 2016-2024
• Europe Automotive Aftermarket Market Analysis, 2016-2024
• Middle East And Africa Automotive Aftermarket Market Analysis, 2016-2024
• Latin America Automotive Aftermarket Market Analysis, 2016-2024
• Asia Pacific Automotive Aftermarket Market Analysis, 2016-2024
• Rest Of The World Automotive Aftermarket Market Analysis, 2016-2024
Browse Full Report: https://www.goldsteinresearch.com/report/global-automotive-aftermarket-industry
“Automotive Aftermarket Industry Analysis” contains a detailed overview of the global automotive aftermarket industry. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by aftermarket products and services, end users type, distribution channel and geography.
The Industry Analysis Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of automotive aftermarket industry report will help the clients to assess their business strategies as per the competitive environment in the market space.
Major players of the global automotive aftermarket industry discussed in the report are 3M, Continental AG, Delphi Automotive PLC, Denso Corporation, Federal-Mogul Corporation, MagnetiMarelliS.p.A., Goodyear Tire & Rubber Company, ZF Friedrichshafen AG, COOPER TIRE & RUBBER COMPANY, Robert Bosch GmbH, etc.
Further, The Industry Analysis Report encompasses the major Automotive Aftermarket industry trends & growth opportunities, market dynamics, and other growth factors. The report 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 research report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current industry scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
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Browse Similar Report: India Automotive Aftermarket Industry
Goldstein Research
Steve Blade
+1-646-568-7747
steve.blade@goldsteinresearch.com
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