‘Automotive Aftermarket Parts Market Worth $388.8 Billion In 2017’ Says Visiongain Report

09 August 2017
Automotive

Visiongain’s new report the Automotive Aftermarket Parts Market Report 2017-2027: Forecasts By Component (Tires, Battery, Filters, Braking Products, Lighting Parts, Spark Plugs, Collision Body Parts, Starters & Alternators, Exhaust Components, Wheels, Others) By Vehicle Type (Passenger Cars, Commercial Vehicle) & By Region Plus Analysis of Top Automotive Aftermarket Suppliers indicates that the global automotive aftermarket parts market will see $388.8bn in spending in 2017.

The lead analyst of the report said: “The automotive aftermarket parts is experiencing significant changes in global market volumes, with flat sales in Western Europe and increasing demand for aftermarket components in emerging markets of Eastern Europe, India, China and Russia. The automotive aftermarket creates attractive revenue opportunities and margins with the number of local and regional manufacturers increasing to serve the growing demand. However, winning in the aftermarket segment is far from easy as it involves complexities, and a large of maintenance and repair activities and critical supply chain activities. Improvement of marketing and sales activities with attractive sales offers for regional distributors and retailers is the main trigger to remain competitive in emerging economies such as India and China.” .

The 215 page report contains 248 tables, charts and graphs that add visual analysis in order to explain developing trends within the automotive aftermarket parts market. Visiongain provides forecasts for the period 2017-2027 for 10 leading automotive aftermarket components submarkets, namely tires, battery, filters, braking products, lighting parts, spark plugs, collision body, starters & alternators, exhaust components, wheels and others. The report also includes forecasts for the vehicle type market for passenger vehicles and commercial vehicles.

The Automotive Aftermarket Parts Market Report 2017-2027 report also profiles the leading automotive aftermarket parts companies including Continental AG, Denso Corporation, ZF Friedrichshafen AG, Magna International, Aisin Seiki Co., Ltd., Valeo Group, Delphi Automotive PLC, Schaeffler AG, MAHLE GmbH and Tenneco Inc.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the automotive, chemical, cyber, defence, energy, pharmaceutical, materials and telecoms sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

Visiongain Publishes Automotive Fuel Cell Market Report 2020-2030

The automotive fuel cell market is about to enter a period of phenomenal growth and innovation. The next ten years will see the upsurge demand of automotive fuel cell.

09 June 2020

Read

“Predictive Vehicle Technology market driven by technological advancements is set to grow to US$132.54 billion by 2030” says new Visiongain report

Visiongain forecasts that between 2020 to 2030, the automotive industry will change drastically owing to the introduction of new technologies such as vehicle telematics, artificial intelligence, connected cars and autonomous vehicles.

27 May 2020

Read

“Electric Vehicle Supply Equipment market worth $2,300 million in 2019” says Visiongain report

Automakers are responding to customer demand and are developing more EV models, including both plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs), that are increasingly cost-competitive with internal combustion engines. In addition, customers are purchasing EVs in record numbers, and electric companies are working with stakeholders to move the EV infrastructure market forward.

18 May 2020

Read

“Automotive Composites Market Worth $10.1 billion in 2020” says new Visiongain report

Rising demand for fuel-efficient vehicles and increasing production of lightweight automobile components are the factors anticipated to prompt manufacturers to opt for backward integration in the value chain.

02 May 2020

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever