Title: Asia-Pacific (APAC) Automotive Aftermarket Industry Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024
1Asia-Pacific (APAC) Automotive Aftermarket
Industry Outlook 2024 Global Opportunity
Growth Analysis, 2016-2024
Report Code AM1007
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2Asia-Pacific (APAC) Automotive Aftermarket
Industry Outlook 2024 Global Opportunity
Growth Analysis, 2016-2024
The aftermarket is the major subsector of the
automotive industry comprising the automotive
part businesses and automotive service industry.
Swiftly increasing aftermarket volume, including
retail sales around the world are becoming
progressively essential for automotive industrys
market players as compared to new car sales owing
to the greater margins. On the other hand,
aftermarket market automotive wear and tear
components and products accounts for nearly half
of the total automotive aftermarket sales in Asia
Pacific region followed by crash-relevant parts,
diagnostics products and services. Moreover,
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 6 to 20 within the
next 10 years. Moreover, growing automobile sales
particular in India, China and South East Asian
countries is the major factor behind the rapid
growth of aftermarket sales in the region. 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.
Asia-Pacific (APAC) Automotive Aftermarket
Industry
3Asia-Pacific (APAC) Automotive Aftermarket
Industry Outlook 2024 Global Opportunity
Growth Analysis, 2016-2024
- 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.)
- Based on the after-market products and services,
wear-and-tear parts accounted for the largest
revenue share of more than 56 in automotive
aftermarket industry. On the other hand, services
segment is the fastest growing segment which is
likely to expand at a CAGR of 9 over the
forecast period. - By End Users Type
- Service Providers (Telematics, Fleet Management
etc.) - Independent Workshops
- Automotive OEM Workshop
- By Distribution Channels
- Offline Distribution Channel
- Online Distribution Channel
-
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4Asia-Pacific (APAC) Automotive Aftermarket
Industry Outlook 2024 Global Opportunity
Growth Analysis, 2016-2024
- Based on Geography
- North America Interactive Robots Market(U.S.
Canada) Market Share (), Market Size (USD
Billion) - Latin America Interactive Robots Market (Brazil,
Mexico, Argentina Rest of Latin America)
Market Share (), Market Size (USD Billion) - Europe Interactive Robots Market (The U.K.,
Germany, France, Italy, Hungary, Spain, Poland,
Sweden RoE) Market Share (), Market Size
(USD Billion) - Asia-Pacific Interactive Robots Market (China,
India, Japan, Singapore, South Korea, Australia,
New Zealand, Rest of Asia) Market Share (),
Market Size (USD Billion) - Middle East Africa Interactive Robots Market
(GCC, South Africa, North Africa, RoMEA) Market
Share (), Market Size (USD Billion) - Send us Sample Request _at_ https//www.goldsteinrese
arch.com/request-sample/asia-pacific-automotive-af
termarket-industry
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5Asia-Pacific (APAC) Automotive Aftermarket
Industry Outlook 2024 Global Opportunity
Growth Analysis, 2016-2024
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Market Size and Forecast (2016-2024) The
automotive aftermarket industry is likely to
expand at a CAGR of 6.4 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 56 in automotive aftermarket industry. On
the other hand, services segment is the fastest
growing segment which is likely to expand at a
CAGR of 9 over the forecast period. Based on
geography, China dominated the Asia Pacific
aftermarket industry with about 50 market share
of Asia Pacific automotive aftermarket industry.
On the other hand, South East region is the
fastest growing region for automotive aftermarket
industry majorly fueled by the Indonesia,
Malaysia and Thailand
6Asia-Pacific (APAC) Automotive Aftermarket
Industry Outlook 2024 Global Opportunity
Growth Analysis, 2016-2024
- Scope Background
- Market Synopsis
-
- Market Segmentation
-
- Asia-Pacific (APAC) Automotive Aftermarket
industry is segmented as follows - By After Market Products and Services Type(Market
Size, Demand Analysis and Growth Analysis) - By End-Users Type (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
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7Asia-Pacific (APAC) Automotive Aftermarket
Industry Outlook 2024 Global Opportunity
Growth Analysis, 2016-2024
- 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
- Porters 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
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industry
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8Asia-Pacific (APAC) Automotive Aftermarket
Industry Outlook 2024 Global Opportunity
Growth Analysis, 2016-2024
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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.
9Asia-Pacific (APAC) Automotive Aftermarket
Industry Outlook 2024 Global Opportunity
Growth Analysis, 2016-2024
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10Asia-Pacific (APAC) Automotive Aftermarket
Industry Outlook 2024 Global Opportunity
Growth Analysis, 2016-2024
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