Market Research Insights

  San Francisco, 9 Aug 2022:   The Report  Automotive Aftermarket  Industry Size, Share & Trends Analysis Report By Replacement Part (Tire, Battery, Brake Parts, Filters), By Distribution Channel, By Service Channel, By Certification, By Region, And Segment Forecasts, 2022 - 2030 The global automotive aftermarket industry size is expected to reach USD 559.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 3.4% from 2022 to 2030. Digitalization of automotive repair and component sales complemented by advanced technology incorporations in the automobile aftermarket component manufacturing is expected to boost the market growth. The surging reception of semi-autonomous, electric vehicles, and hybrid and autonomous cars, in the years to come, is further expected to bolster the demand for new components. Furthermore, the increasing vehicle penetration is driven by the overall i...

  San Francisco, 10 May 2021:   The Report  Automotive Aftermarket  Size, Share & Trends Analysis Report By Replacement Parts (Tire, Battery, Brake parts, Filters), By Distribution Channel, By Service Channel, By Certification, And Segment Forecasts, 2021 - 2028 The global automotive aftermarket is expected to reach USD 529.25 billion by 2028, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 3.8% from 2021 to 2028. Digitalization of automotive repair & component sales complemented by advanced technology incorporations in the automobile aftermarket component manufacturing is expected to boost the market growth. The surging reception of semi-autonomous, electric vehicles, and hybrid and autonomous cars in the years to come is further expected to bolster the demand for new components. Furthermore, the increasing vehicle penetration is driven by the overall improvement of lifestyle in developin...