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Europe Automotive Aftermarket Industry Trends, Statistics, Size, Share, Demand & Growth Opportunity Assessment, Regional

Europe automotive aftermarket industry is likely to expand at a CAGR of 3.1% over the forecast period i.e.2017-2025

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Europe Automotive Aftermarket Industry Trends, Statistics, Size, Share, Demand & Growth Opportunity Assessment, Regional

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  1. Europe Automotive Aftermarket IndustryOutlook 2025: Growth Opportunity And Demand Analysis, Market Forecast, 2017-2025 Report Code : AM1004 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America +1-646-568-7747 +1-437-886-1181 Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India  +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 www.goldsteinresearch.com sales@goldsteinresearch.com

  2. Europe Automotive Aftermarket IndustryOutlook 2025: Growth Opportunity And Demand Analysis, Market Forecast, 2017-2025 Europe Automotive Aftermarket Industry In the consolidated market of Europe, growth rate of the new vehicle sales over the last decade were below 2% p.a. At the same time, the average car age improved from 8.4 years to 9.7 in Europe. These trends highlight the cumulative need to deal with older vehicle segments. Additionally, customers are turning to online sites for reviews and other digital platforms, as a way to develop their purchasing decisions. Numerous platforms for online parts sales and services exist already. Component suppliers, automotive OEMs, aftermarket distributors, and workshop chains will continue to escalate their online participation and launch new platforms. We also anticipate that the e-commerce stake of automotive components sales will increase to 20% to 30% by 2035. On the other hand, digital-driven products and services are setting a new trend and will be the major growth drivers for the market growth over the forecast period. It is also estimated that digital services segment such as telematics, vehicle diagnosis, and fleet management among others will increase exponentially from currently 12% to 28% within the next 10 years. Additionally, new market players are entering into this segment with digitally-linked business models in order to exploit the market opportunities. On the distribution end, online channels are emerging as the most attractive business strategy and are attracting major aftermarket players to provide innovative products and services through online channels. For instance, Michelin bought 40% shares of French online tire retailer Allopneus, and then acquired the British tire e-retailer Blackcircles. Europe automotive aftermarket revenue accounted for approximately USD 241.0 billion in 2017 or about 30% of global automotive aftermarket industry revenues. Further, the Europe automotive aftermarket industry is likely to expand at a CAGR of 3.1% over the forecast period i.e.2017-2025.

  3. Europe Automotive Aftermarket IndustryOutlook 2025: Growth Opportunity And Demand Analysis, Market Forecast, 2017-2025 • Market Segmentation • By After Market Products and Services Type • Wear-and-Tear Parts • Crash-Relevant Parts • Accessories and Appearance Products • Diagnostics Products • Services (Fleet Management etc.) • By End Users Type • Service Providers (Telematics, Fleet Management etc.) • Independent Workshops • Automotive OEM Workshop • By Distribution Channels • Offline Distribution Channel • Online Distribution Channel Sample Request

  4. Europe Automotive Aftermarket IndustryOutlook 2025: Growth Opportunity And Demand Analysis, Market Forecast, 2017-2025 Market Size and Forecast (2017-2025) Europe automotive aftermarket revenue accounted for approximately USD 241.0 billion in 2017 or about 30% of global automotive aftermarket industry revenues. Further, the Europe automotive aftermarket industry is likely to expand at a CAGR of 3.1% over the forecast period i.e.2017-2025. Based on the after-market products and services, wear-and-tear parts accounted for the largest revenue share of more than 59% in automotive aftermarket industry. On the other hand, services segment is the fastest growing segment which is likely to expand at a CAGR of +7% over the forecast period.

  5. Europe Automotive Aftermarket IndustryOutlook 2025: Growth Opportunity And Demand Analysis, Market Forecast, 2017-2025 • Scope Background • Market Synopsis • Europe Automotive AftermarketIndustry Segmentation is segmented as follows: • By Aftermarket Products and Services Type (Market Size, Demand Analysis and Growth Analysis) • By End-Users (Market Size, Demand Analysis and Growth Analysis) • By Distribution Channels (Market Size, Demand Analysis and Growth Analysis) • By Country • North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis} • Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis} • Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis} • Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis} • Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis} • Rest of World  {Market Size, Growth Analysis and Opportunity Analysis} • Request For Sample @ https://www.goldsteinresearch.com/request-sample/europe-automotive-aftermarket-industry-trends-size Sample Request

  6. Europe Automotive Aftermarket IndustryOutlook 2025: Growth Opportunity And Demand Analysis, Market Forecast, 2017-2025 • Market Dynamics: Growth Drivers, Restraints and Opportunities • Risk Factors • Regional Variations • Recent Trends and Developments • Key Market Players • Synopsis • Business Strategy • Product Portfolio • SWOT Analysis • Porter’s Five Force Model • Market Landscape: Competition and Beyond • Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem • Expert Analysis • Concluding Remarks • Request for TOC @ https://www.goldsteinresearch.com/toc-request/europe-automotive-aftermarket-industry-trends-size Sample Request

  7. Europe Automotive Aftermarket IndustryOutlook 2025: Growth Opportunity And Demand Analysis, Market Forecast, 2017-2025 About Goldstein Research Based in U.S., Goldstein Research is a young business consulting firm and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions. With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

  8. Europe Automotive Aftermarket IndustryOutlook 2025: Growth Opportunity And Demand Analysis, Market Forecast, 2017-2025 Sample Request For more information Contact Us: 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America +1-646-568-7747 +1-437-886-1181 Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India  +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 www.goldsteinresearch.com sales@goldsteinresearch.com

  9. Europe Automotive Aftermarket IndustryOutlook 2025: Growth Opportunity And Demand Analysis, Market Forecast, 2017-2025 Thank you Thank you

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