Global Automotive Aftermarket
SummaryGlobal Automotive Aftermarket industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The Automotive Aftermarket sector includes the sale of automotive components for use on vehicles after first purchase.
- The global automotive aftermarket sector had total revenues of $759.9 billion in 2022, representing a compound annual growth rate (CAGR) of 2.4% between 2017 and 2022.
- Sector consumption volume increased with a CAGR of 1.7% between 2017 and 2022, to reach a total of 15.4 billion units in 2022.
- The global economy is currently dealing with a variety of complex challenges. The forecast is adversely impacted by the persistent COVID-19 pandemic, higher-than-average inflation, tightening financial conditions in most regions, Russia's invasion of Ukraine, and other factors.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the automotive aftermarket market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global automotive aftermarket market
- Leading company profiles reveal details of key automotive aftermarket market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global automotive aftermarket market with five year forecasts
Reasons To Buy
- What was the size of the Global automotive aftermarket market by value in 2022?
- What will be the size of the Global automotive aftermarket market in 2027?
- What factors are affecting the strength of competition in the Global automotive aftermarket market?
- How has the market performed over the last five years?
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