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Automotive Aftermarket industry report provides the quality summary information of market size, share, industry trends, key players and forecast 2022
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Summary • Global Automotive Aftermarket industry profile provides top-line qualitative and quantitative summary information including sector size (value and volume 2014-18, and forecast to 2023). • The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the sector.
Market Overview • The global automotive aftermarket sector is expected to generate total revenues of $1,005.8bn in 2018, representing a compound annual growth rate (CAGR) of 6.1% between 2014 and 2018. • Sector consumption volume is forecast to increase with a CAGR of 3.6% between 2014 and 2018, to reach a total of 21,296.5 million units in 2018. • Globally, the average age of vehicles is increasing; this has helped provide the aftermarket with an increasing amount of customers who are seeking to enhance the performance of their vehicles.
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