Growth Opportunity Analysis in the Automotive Aftermarket, Australia, 2024-2030

The Mature Aftermarket is Experiencing Transformational Growth Thanks to the Increase in Operating Vehicles and Electric Vehicles

This analysis of the automotive aftermarket in Australia focuses on light vehicles, including passenger vehicles and light commercial vehicles. The aftermarket includes all non-warranty replacement parts installed after the vehicles are sold from dealers.

Automotive parts are part of the complete vehicle assembly and are very important in the aftermarket, focusing on vehicle service, maintenance, and repair. In addition, the aftermarket covers original equipment (OE) parts and independent aftermarket (IAM) parts, which are related to parts that are factory-installed and procured from OE manufacturers. Independent parts manufacturers sell IAM parts to warehouse distributors, retailers, and other distribution channels throughout the aftermarket.

This analysis provides a business snapshot of the automotive aftermarket, including growth drivers, growth restraints, regulations, aftermarket trends, vehicle-in-operation (VIO) overview, new and used vehicle sales, automotive parts revenue breakdown by parts types, leading parts suppliers, and distribution channels.

In Australia, the automotive aftermarket is in a mature stage of its life cycle. Due to the aging of vehicles in Australia, the demand for the aftermarket, including automotive parts and services, has been strong. With the rise in demand for the automotive aftermarket, the demand volume and aftermarket value are also growing.

The development of the aftermarket will become an important indicator to support the sustainable development of Australia’s automotive industry.