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Asia Pacific (APAC) Automotive Aftermarket (1) .pdf


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Report Code : AM1007

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Asia-Pacific (APAC) Automotive Aftermarket Industry Outlook
2024: Global Opportunity & Growth Analysis, 2016-2024

+1-646-568-7747
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India

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Asia-Pacific (APAC) Automotive Aftermarket Industry Outlook
2024: Global Opportunity & Growth Analysis, 2016-2024
Asia-Pacific (APAC) Automotive Aftermarket Industry
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 industry’s 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.

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Asia-Pacific (APAC) Automotive Aftermarket Industry Outlook
2024: Global Opportunity & Growth Analysis, 2016-2024
Market Segmentation
By After Market Products and Services Type

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•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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Asia-Pacific (APAC) Automotive Aftermarket Industry Outlook
2024: Global Opportunity & Growth Analysis, 2016-2024

Based on Geography
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•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 @ https://www.goldsteinresearch.com/request-sample/asia-pacific-automotiveaftermarket-industry
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Asia-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
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Asia-Pacific (APAC) Automotive Aftermarket Industry Size
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Asia-Pacific (APAC) Automotive Aftermarket Industry Outlook
2024: Global Opportunity & Growth Analysis, 2016-2024
Scope Background
Market Synopsis

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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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Asia-Pacific (APAC) Automotive Aftermarket Industry Outlook
2024: Global Opportunity & Growth Analysis, 2016-2024
Market Dynamics: Growth Drivers, Restraints and Opportunities
oRisk Factors
oRegional Variations
oRecent Trends and Developments

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Key Market Players
oSynopsis
oBusiness Strategy
oProduct Portfolio
oSWOT 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
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Asia-Pacific (APAC) Automotive Aftermarket Industry Outlook
2024: Global Opportunity & Growth Analysis, 2016-2024
About Goldstein Research
Based in U.S., Goldstein Research is a young business consulting company 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.
Published By: Goldstein Research

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Value

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Asia-Pacific (APAC) Automotive Aftermarket Industry Outlook
2024: Global Opportunity & Growth Analysis, 2016-2024

Sample Request

For more information Contact Us:
+1-646-568-7747

99 Wall Street, Suite No:- 527, New York, NY
10005
United States of America

+1-437-886-1181

+44-203-318-6627

Office No:- 504, 5th Floor, C-51, BSI Business
Park,
Sector-62, Noida, PIN:- 201301
India

+91-120-473-0422,
+91-844-785-9968
sales@goldsteinresearch.com

www.goldsteinresearch.com

Published By: Goldstein Research


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