DUBLIN, July 17, 2023 /PRNewswire/ — The “Wholesale and Distribution Automotive Aftermarket Global Market Report 2023” report has been added to ResearchAndMarkets.com’s offering.
This report provides strategists, marketers and senior management with the critical information they need to assess the market.
The global wholesale and distribution automotive aftermarket market grew from $212.33 billion in 2022 to $225.27 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The wholesale and distribution automotive aftermarket market is expected to grow to $274.59 billion in 2027 at a CAGR of 5.1%.
Major players in the wholesale and distribution automotive aftermarket market are 3M Company, Continental AG, Denso Corporation, Robert Bosch GmbH, Magneti Marelli S.p.A., Delphi Automotive PLC, Federal-Mogul Corporation, The Goodyear Tire & Rubber Company, ZF Friedrichshafen AG, and DRiV Incorporated.
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The wholesale and distribution automotive aftermarket refer to the secondary market for the automotive that focuses on the wholesale and distribution of automobiles, their parts and related services after the original equipment manufacturer has sold the automobile to the consumer, whether or not those parts were made by the OEM.
The main replacement parts in the wholesale and distribution automotive aftermarket market include tires, batteries, brake parts, filters, body parts, lighting and electronic components, wheels, exhaust components, and other replacement parts. The tire refers to the wholesale and distribution of automotive tires in the aftermarket.
The tire is a robust, flexible rubber casing affixed to a wheel rim. A moving vehicle’s wheels benefit from the cushioning and traction that tires offer. Tires can be found on cars, trucks, buses, bicycles, motorbikes, and other automobiles. The different types of products offered in wholesale and distribution automotive aftermarket include genuine parts, certified parts, and uncertified parts. They are distributed through retailers, wholesalers, and distributors channels.
The wholesale and distribution automotive aftermarket market research report is one of a series of new reports that provides wholesale and distribution automotive aftermarket market statistics, including wholesale and distribution automotive aftermarket industry global market size, regional shares, competitors with a wholesale and distribution automotive aftermarket market share, detailed wholesale and distribution automotive aftermarket market segments, market trends and opportunities, and any further data you may need to thrive in the wholesale and distribution automotive aftermarket industry.
This wholesale and distribution automotive aftermarket market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The increasing digitalization of automotive repair & maintenance services is a key trend in the wholesale and distribution of automotive aftermarket. Automotive aftermarket product and service producers now provide online platforms for information, guidance, and instruction on proper installation and troubleshooting, as well as digital tools for a product selection like electronic catalogs, video libraries for tutorials and product showcases and video libraries for tutorials.
North America was the largest region in the wholesale and distribution automotive aftermarket market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wholesale and distribution automotive aftermarket market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the wholesale and distribution automotive aftermarket market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The growing automotive industry is driving the wholesale and distribution automotive aftermarket. The automotive industry comprises a diverse group of businesses and institutions engaged in the design, development, production, marketing, and sale of automobiles. Consumers’ changing interest and preference motivates automobile manufacturers to manufacture various styles and lines of automobiles. Technological advancement and the rise in economic conditions also lead to growth in the automotive industry. Automotive aftermarket aids the automobile industry by providing the spare parts needed by the customers when they buy a new or existing automobile.
The wholesale and distribution automotive aftermarket include revenues earned by entities by automotive parts and accessories. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Key Topics Covered:
1. Executive Summary
2. Wholesale and Distribution Automotive Aftermarket Market Characteristics
3. Wholesale and Distribution Automotive Aftermarket Market Trends And Strategies
4. Wholesale and Distribution Automotive Aftermarket Market – Macro Economic Scenario
4.1 COVID-19 Impact On Wholesale and Distribution Automotive Aftermarket Market
4.2 Ukraine-Russia War Impact On Wholesale and Distribution Automotive Aftermarket Market
4.3 Impact Of High Inflation On Wholesale and Distribution Automotive Aftermarket Market
5. Wholesale and Distribution Automotive Aftermarket Market Size And Growth
5.1. Global Wholesale and Distribution Automotive Aftermarket Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Wholesale and Distribution Automotive Aftermarket Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Wholesale and Distribution Automotive Aftermarket Market Segmentation
6.1. Global Wholesale and Distribution Automotive Aftermarket Market, Segmentation By Replacement Part, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Tire
- Battery
- Brake parts
- Filters
- Body Parts
- Lighting and Electronic Components
- Wheels
- Exhaust Components
- Other Replacement Parts
6.2. Global Wholesale and Distribution Automotive Aftermarket Market, Segmentation By certification, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Genuine Parts
- Certified Parts
- Uncertified Parts
6.3. Global Wholesale and Distribution Automotive Aftermarket Market, Segmentation By distribution channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Retailers
- Wholesalers
- Distributors
7. Wholesale and Distribution Automotive Aftermarket Market Regional And Country Analysis
7.1. Global Wholesale and Distribution Automotive Aftermarket Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Wholesale and Distribution Automotive Aftermarket Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
For more information about this report visit https://www.researchandmarkets.com/r/3o1xh9
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