Demand for Automotive Aftermarket Market Industry and Research Report 2030

1. Demand for Automotive Aftermarket Market Industry and Research Report 2030

2. Automotive Aftermarket Market Dynamics Automotive Aftermarket Market Insights, Forecast, Trends, Drivers, Restraints The increased buying and selling of used-vehicles or second-hand vehicles, around the world, has dramatically propelled the repair and maintenance segment of the automotive aftermarket, thereby boosting the overall growth of the global automotive aftermarket. As per the statistics of the Bureau of Transportation of the United States, the sales of second-hand vehicles is constantly on the rise in the country ranging from 37,255,000 in the year 2015 to 40,805,000 vehicles in the year 2019. Owing to which, the global automotive aftermarket is expected to flourish swiftly in the forthcoming future. The growing length of service of vehicle fleets, especially in developed regions, has resulted in maturation and aging of fleet vehicles which is estimated to be a major stimulating factor for the growth in demand of aftermarket maintenance and service, which is projected to ultimately propel the market growth of automotive aftermarket in the years to come. However, the sudden strike of global crisis of COVID-19 has drastically impacted the automotive and related industries, around the world, which in turn has affected the automotive aftermarket due to the huge disruption in the supply chains as well as lower consumer demand. Such factors have enormously hindered the overall growth of the global automotive aftermarket. Furthermore, the deadly virus forced the governments and regulatory authorities of most of the countries around the world to restrict the movement of people and implement nationwide lockdown, thus immediately switching the consumer expenditure priorities to essential purchasing. On top of that, due to the concentrated supply chains in few regions, the manufacturing industry has also been through a lot of complications. Attributed to all of this, the automotive aftermarket is expected to observe stagnant growth over the coming years. Request for the sample of this report @ https://reportsandinsights.com/sample-request/1403 info@reportsandinsights.com/ https://reportsandinsights.com/

3. Global Automotive Aftermarket Market: Taxonomy Global Automotive Aftermarket Market, Segmentation • By Replacement Parts: • Tire • Battery • Brake parts • Filters • Body parts • Lighting & Electronic components • Wheels • Exhaust components • Turbochargers • Others • By Distribution Channel: • Retailers • OEMs • Repair Shops • Wholesalers & Distributors • By Service Channel: • DIY (Do It Yourself) • DIFM (Do It for Me) • OE (Delegating to OEM’s) • By Certification: • Genuine Parts • Certified Parts • Uncertified Parts • By Region: • North America • Latin America • Africa • Europe • Asia Pacific

4. Global Automotive Aftermarket Market: Taxonomy Global Automotive Aftermarket Market, Regional Segmentation • Latin America: • Brazil • Mexico • Argentina • Rest of Latin America • Europe: • Germany • Italy • France • Netherlands • Luxembourg • United Kingdom • Poland • Spain • Russia • Switzerland • Rest of Europe • North America: • U.S. • Canada • Africa: • Nigeria • South Africa • Egypt • North Africa • Rest of Africa • Asia Pacific: • China • Hong Kong • Taiwan • Rest of China • India • Japan • Turkey • South Korea • Australia & New Zealand • ASEAN • Indonesia • Malaysia • the Philippines • Singapore • Thailand • Vietnam • Rest of ASEAN • Rest of Asia Pacific • Middle East: • GCC Countries • Israel • Rest of Middle East

5. Automotive Aftermarket Market Insights, Forecast, Trends, Drivers, Restraints A research report on the global Automotive Aftermarket Market by Reports and Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market. Furthermore, the report includes the trends and opportunity in different regions for a better understanding of readers that helps to analyze the potential of the market. The report is named ‘Automotive Aftermarket Market: Global Opportunity Analysis and Future Assessment 2022-2030’. The report comprehensively lays out the market drivers, restraints, forecast, technologies, investments, risks trends, and leading companies and their strategies to help the reader formulate a better-informed business strategy. Top Companies in Automotive Aftermarket Market The global automotive aftermarket market is dominated by Continental AG, 3M Company, Delphi Automotive PLC, Federal-Mogul Corporation, Denso Corporation, Magneti Marelli S.p.A., Robert Bosch GmbH, among others. info@reportsandinsights.com/ https://reportsandinsights.com/

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