Automotive Aftermarket in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Automotive aftermarket includes the sales of automotive components for use on vehicles after first purchase. Market value is calculated in terms of retail selling price (RSP) including all taxes and levies. Market volume refers to each individual aftermarket component, such as wiper blades or brake calipers, considered as a separate unit. The scope includes components sold through fast fits, auto centres, garages, tyre specialists, vehicle manufacturer networks, petrol stations, hypermarkets, crash repair centres/body shops, online sales, parts & accessories stores, and others. Both internal combustion engines and electric vehicles are considered in our scope. Our analysis encompasses both passenger cars and light commercial vehicles.
- The North American automotive aftermarket sector recorded a revenue of $259.5 billion in 2023, representing a negative compound annual growth rate (CAGR) of 0.1% between 2018 and 2023.
- Sector consumption volumes declined with a negative CAGR of 0.3% between 2018 and 2023, to reach a total of 4.68 billion units in 2023.
- The US dominated the North American automotive aftermarket sector in 2023, commanding the largest share of 83.2%.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the automotive aftermarket market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive aftermarket market in North America
- Leading company profiles reveal details of key automotive aftermarket market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America automotive aftermarket market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the North America automotive aftermarket market by value in 2023?
- What will be the size of the North America automotive aftermarket market in 2028?
- What factors are affecting the strength of competition in the North America automotive aftermarket market?
- How has the market performed over the last five years?
- Who are the top competitors in North America's automotive aftermarket market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AutoZone Inc
- O'Reilly Automotive Inc
- LKQ Corp
- Genuine Parts Co
- Advance Auto Parts Inc
