The automotive aftermarket is the after-sales auto parts market. The automotive aftermarket is the secondary market of the automotive industry, worried with the distribution, retailing,manufacturing, remanufacturing, and installation of all vehicle equipment, parts, chemicals,and accessories, after the sale of the automobile by the original equipment manufacturer (OEM) to the consumer.Aftermarket contains vehicle parts, service repair, equipment, replacement tires, collision repair and accessories, sold after the sale of the original vehicle.Automotive aftermarket contains remanufacturing, retailing, distributing and installing vehicle parts and equipment post the sale of the car. Automotive aftermarket market value will flow with the production and consistent demandof car exterior accessories.The aftermarket contains companies in distribution, manufacturing, re-manufacturing, retailing, and installation of replacement vehicle parts, equipment, service repair and automotive accessories.

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Automotive Aftermarket Market is projected to grow up to USD 524.13billion by 2027 growing at a CAGR of 4.03%during the forecasting period 2022-2028.

Report Scope

The global market report scope consists of a comprehensive study covering primary factors impacting the industry trends. The studyincludes analysis of regional and country-level market dynamics. The scope also consists of competitive overview offering company market shares coupled with company profiles for key revenue contributing companies. The report scope covers a detailed competitive outlook covering market shares and profiles of key participants in the market share.

Major Market Players

The key players of the market areDenso Corporation, Bridgestone Corporation, Continental, Hella KGaAHueck& Co., Delphi Automotive, Fauraecia, ACDelco, BASF, Robert Bosch, etc.

The Automotive Aftermarket Market report has been categorized as below     

By Sales Outlet

• Professional
  • Quick lubes
  • Garages & service stations
  • Automobile dealerships
  • Government
  • Commercial fleets & other professional outlets
• DIY
  • Discount department stores
  • Auto part stores
• OEM factory fill

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By Product

• Replacement parts
  • Belt
  • Brakes
  • Clutch
  • Electrical parts
  • Lighting
  • Engine & AC parts
  • Exhaust
  • Filters
  • Suspensions
  • Transmission
  • Wiper parts
  • Others
• Accessories
  • Car exteriors
  • Car interiors

By Region

• North America
• Europe
• Asia Pacific
• Rest of the World

The years considered for the study are as follows:

• Base year - 2020
• Estimated year - 2021
• Projected year – 2022

Forecast period - 2021 to 2027

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Website: https://www.marketresearchengine.com