Get more details on this report request free sample pdf. Sector consumption volume is forecast to increase with a cagr of 3. Our industry professionals can help you navigate through complex issues and challenges impacting your companies and the rapidly evolving automotive industry. Tecalliance automotive report 2018 thank you for your interest in the new, free edition of our automotive report. The automotive aftermarket is the secondary market of the automotive industry, concerned with manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts of an automobile by the oem to the consumers. Ihs mayjune 2019, automotive, roland bergerlazard automotive headlines again a schaeffler profit warning. Aftermarket industry provides services such as repair and maintenance for the vehicles. European aftermarket, marketing and sales activities must concentrate on keeping the customer loyal to dealers and. How can automotive suppliers take full advantage of the expected changes and capture the resulting new opportunities.
The body parts segment is expected to hold the largest market share owing to. Independent research shows the automotive aftermarket is reporting further growth is in the distance. The european automotive aftermarket landscape boston. Profits in the automotive aftermarket value chain may be redistributed significantly given trends such as electric. Automotive aftermarket size, share industry analysis. Download ready for inspectionthe automotive aftermarket in 2030, the full report on which this article is based pdf 7. Auto parts rush federalmogul remy carmax lithia goodyear genuine parts tenneco lkq solera snapon kar. Optimum value chain management for improving products reach to the customers will support the ecommerce automotive aftermarket growth. Through the franchised and independent networks, it provides motorists with choices over how they service and repair their vehicles. Press conference document for january 11th, 2019 comprehensive executive summary pdf report will follow end of february. China automotive distribution and aftermarket industry. The automotive aftermarket is experiencing a very dynamic phase in its development.
Superior penetration of digital channels in automotive industry will drive the industry demand. Global automotive aftermarket industry key players, share, sales, revenue, industry size in terms of volume with regional outlook is analyzed in this report. Automotive aftermarket, frequently referred to as secondary market, manufactures and supplies spare parts, accessories and other components for various automobiles. Automotive aftermarket size, share, growth industry. The global automotive aftermarket size is expected to reach usd 5. Automotive aftermarket industry analysis the 536,000 businesses in the u. Roland berger new customer structure in the automotive aftermarket. The findings highlight the growing need for automotive original equipment manufacturers oems and dealers to increase focus on online engagement. New 2020 automotive aftermarket trends you should know. Automotive aftermarket october 16, 2015 1 ltm trading multiples ev ltm ebitda automotive aftermarket trading multiples 10162015 1 year ago automotive aftermarket index 12.
The australian automotive aftermarket association has commissioned aca research to speak to 250 independent service and repair workshop managers in a benchmarking report designed to check the pulse of the sector. Global automotive aftermarket market research reports inc. Also, the report offers latest trends, size, share, and industry overview. More than half of those surveyed want a number of improvements made to industry online channels to make researching for a new vehicle easier, including providing tailored information, virtual. This recognized market report is always primarily derived from our global vehicles in operation data vio of more than 50 countries and is divided by region. About the authors bernd heid is a senior partner in mckinseys cologne office, christian huth and geng wu are consultants in the berlin office, and sebastian kempf is a partner in the dusseldorf office. Australian automotive aftermarket trends report 2018.
Automotive aftermarket research report industry size, trend, growth and demand forecast to 2030 research proposal pdf available march 2020 with 85 reads how we measure reads. Automotive aftermarket size, share, growth industry report. Automotive aftermarket industry research report forecast. Jefferies weekly global automotive aftermarket report. The market is majorly driven by the pursuit of automobile drivers to enhance their vehicle performance in terms of exhaust sound, speed, appearance, along with other aspects. Ecommerce automotive aftermarket report global forecasts 2026. Augmenting requirements for enhancing the vehicle life and reducing the carbon emissions have fuelled the mexico automotive aftermarket industry size. Driven by huge growth in car sales, chinas stock of cars, especially older vehicles, is expanding dramatically in 2009, china overtook the us to become the largest new auto sales market in the world. On the one hand, it applies to car2car and car2x communication, which is the networking of the car with. Automotive after market is driven by factors such as rise in buyers awareness regarding routine maintenance, convenience, and safety along with addon services such as internal and external accessories and exhaust components. Asia pacific automotive parts and components market growth. Automotive aftermarket industry trends global report 2026. As the automotive service industry accelerates, it faces stiff headwinds spawned by a highlycongested marketplace, increasing regulatory.
The aftermarket in the automotive industry 9 competitive situation in the aftermarket similartomarketpotent ialand marketgrowth,the currentand futureco mpetitivesituationinthe aftermarke tdiffersdependingonthe r egion. The australian automotive aftermarket parts distribution is. The automotive industry has experienced a substantial boost in the sales of oems and aftermarket parts in the u. Automotive aftermarket expected to hit usd 1,000 billion market value at 4.
However, with covid19 triggering an 80%100% drop in physical visits to showrooms and contactless transactions expected by customers, digitization has. The automotive aftermarket is the secondary market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories, after the sale of the automobile by the original equipment manufacturer oem to the consumer. Nov 29, 2019 an indepth market analysis of the automotive aftermarket sector, the aasa status report includes. It includes 535,000 individual businesses consisting of independent. Automotive aftermarket intelligence report september 25, 2019 automotive aftermarket stock performance e rcent ange 1 week 1 month ytd suppliers. To know how our report can help streamline your business, speak to analyst automotive body parts to dominate the global market. Automotive aftermarket weekly automotive aftermarket intelligence report may 26, 2015 automotive aftermarket stock performance oreilly advance auto autozone copart dorman boyd monro autonation sonic group 1 asbury cooper tire mpa u. Mexico automotive aftermarket is led by growing production demands and annual sales of passenger and commercial vehicles. Automotive aftermarket market analysis, trends, and. By keeping the country moving, the aftermarket delivers both direct and indirect financial benefits to the country. As a result, oems, dealers and other players in the automotive value chain must find ways. Pdf automotive aftermarket research report industry.
Mechanical products, one of the segments analyzed and sized in this study, displays the potential to grow at over 3. Data provided in this report was gained and aggregated from various sources including. Asia pacific automotive parts and components market. The report titled global automotive aftermarket, analysis and forecast 20162022. Automotive aftermarket report weekly updates auto care. Automotive perspectives, insights, and analysis for. The global automotive after market valuation is expected to cross usd 486. The changing aftermarket game and how automotive suppliers. The auto care associationjefferies weekly global automotive aftermarket report is based on research from jefferies automotive aftermarket investment banking and available through the auto care association. Chinas automotive distribution and aftermarket industry features intense competition and a scattered pattern. Inwestern europe,thecompetitive intensit yiscurrentlyataratherhigh leve l,accordingtotherespondents. The asia pacific automotive parts and components market is expected to register a cagr of 6.
We cover news and statistics from sema, aasa, can and the auto care association, as well as other news on the auto parts industry. On the surface, the european aftermarket for parts seems to be growing at a decent pace. We also look at the impact of coronavirus and covid19 on the auto industry. These changes will reshape the way customers, automotive suppliers, and other aftermarket companies think of cars and driving and how business in the automotive aftermarket is. Aftermarket is the major subsector of automotive sector including automotive parts, businesses and automotive services.
Ecommerce automotive aftermarket market asia pacific to. Mexico automotive aftermarket analysis growth forecast. This report, which has been established for years, contains information. Digitalization of automotive repair and component sales, along with advanced technology incorporations in the. Automotive aftermarket automotive aftermarket intelligence report september 25, 2019 automotive aftermarket stock performance e rcent ange 1 week 1 month ytd suppliers. Automotive aftermarket market analysis, trends, and forecasts. In 2017, the top 100 auto dealers in china sold a total of 8. This report provides a comprehensive overview of the habits and preferences of online automotive parts shoppers so you can size the market opportunity, create messaging that resonates with online shoppers, and get a clear sense of whom to target as you strive for datadriven growth. However, fundamental changes to vehicle technology, custom er.
The global automotive aftermarket size was valued at usd 378. Exhibit 1 european automotive aftermarket complex and fragmented. Dublinbusiness wirethe australian automotive aftermarket trends, 2018 report has been added to s offering. Deloittes automotive practice is at the forefront of top trends and issues facing the industry. Automotive aftermarket industry research report forecast to. Automotive aftermarket industry size, growth and trends. Learn the latest automotive aftermarket trends for 2020, with our interpretation and analysis. This term actually represents two concepts at once. Automotive aftermarket, frequently referred to as secondary market, manufactures and supplies. Global automotive aftermarket, analysis and forecast. The global ecommerce automotive aftermarket is expected to generate a demand of more than 1 billion units till 2025.
The automotive aftermarket is a vital part of the uk economy. Aaaa dashboard q2 2018 australian automotive aftermarket. Automotive aftermarket expenditures proposed location sample report 100 s wacker dr, chicago, illinois, 60606 latitude. The aftermarket in the automotive industry capgemini. Automotive aftermarket industry trends report, 20202027. Automotive aftermarket size, trends industry report, 2026. The automotive aftermarket is undergoing dramatic changes with evolving customer expec tations, acceleration of technological innovation, and shifts in competitive power. It is available to members in a powerpoint format, allowing for easy use in company presentations and reports. Retailers distributors inepenent service r oviers dealers ollision automotive aftermarket.
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