Enjoy complimentary customisation on priority with our Enterprise License!
The automotive aftermarket market size is forecast to increase by USD 412.55 billion at a CAGR of 6.26% between 2022 to 2027. Market growth relies on several key factors, notably the widespread adoption of vehicle components, driven by the increasing demand for automotive products and the convenience of automotive aftermarket e-retailing. As consumers seek greater customization options for their vehicles, the market responds by offering a diverse range of aftermarket parts and accessories, including shock absorbers and spark plugs. This trend is further fueled by the growing popularity of vehicle customization, driven by a desire for personalization and enhanced performance. Additionally, the shift towards online retail channels provides consumers with greater accessibility and convenience in sourcing automotive products, thereby driving market growth. With these factors influencing consumer preferences and purchasing behavior, stakeholders in the automotive industry must adapt their strategies to meet evolving demands and capitalize on opportunities for expansion in this dynamic market landscape.
Market shows accelerated growth during the forecast period
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Historic Market Size
6 Historic Market Size
7 Five Forces Analysis
8 Market Segmentation by Vehicle Type
9 Market Segmentation by Distribution Channel
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Trends
13 Vendor Landscape
14 Vendor Analysis
15 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.