Automotive Aftermarket Industry Size, Share & Trends Analysis Report By Replacement Part (Tire, Battery, Brake Parts, Filters), By Distribution Channel, By Service Channel, By Certification, By Region, And Segment Forecasts, 2025 - 2030

Automotive Aftermarket Industry Trends

The global automotive aftermarket industry size was estimated at USD 468.91 billion in 2024. The market is expected to grow at a CAGR of 3.8% from 2025 to 2030, according to Grand View Research, Inc. The market is majorly driven by the pursuit of automobile drivers to enhance their vehicle performance in terms of exhaust sound, speed, and appearance parameters along with many other aspects. Regional regulatory authorities, such as the Japanese Automobile Sports Muffler Association (JASMA) and the U.S. Environmental Protection Agency, monitor the built-up standards and environmental impacts associated with automotive component functioning.

For instance, the noise emission levels associated with the modern-day automotive resonators and mufflers in automotive exhaust systems. Digitization of component delivery sales & services, along with the advent of an online portal distributing aftermarket components in synchrony with the global auto-part supplier groups, are expected to draw huge investments from key companies. For instance, the leading market component suppliers, such as US Auto Parts Network, Inc. and CarParts.com, would drive the global market demand in the years to come.

Owing to the above-mentioned trade gateways, online aftermarket business arcade parades have high potential in developing countries. Additionally, growing online sales of automotive components are estimated to deliver significant demand for the market. Companies are now shifting to the digital platform owing to the smoother experience for the customers. In January 2020, Continental AG announced its online portal that will contain a portfolio of all of its services and information about its product for the market.

The value chain of the market comprises two primary segments: automotive replacement part suppliers and service enablers. These prime industry segments are exchanging value through the automotive sectors at several intermittent stages. Access to elaborative component assortment coupled with the simplicity of transactions, delivered through the digitalization of the global automotive component sales, is destined to resolve the obtainability issues, thereby driving the automobile aftermarket industry. The ensuing digitalization is anticipated to convey a high impact on industry as a growing number of people incline toward Internet-of-Things (IoT) and digitization trends.

Furthermore, the technological improvements in propulsion have created numerous opportunities in the market. However, issues about high R&D expenditure are expected to hinder market growth in forecast years. Automobile manufacturers face certain constraints while carrying out their manufacturing processes. Production cost is one of these constraints. Some automotive replacement parts like aftermarket filters, however, offer the chance of choosing a part that suits the conditions in which a vehicle operates.

Market Concentration & Characteristics

The global automotive aftermarket exhibits a notable degree of innovation as technological advancements drive product improvements and service enhancements. Emerging technologies, such as connected vehicles and electric components, are influencing the aftermarket landscape, prompting businesses to adapt and offer innovative solutions to meet evolving consumer demands.

The automotive aftermarket experiences a moderate to high level of merger and acquisition (M&A) activities as companies seek strategic partnerships and acquisitions to enhance their product portfolios, expand market reach, and achieve operational synergies. Mergers and acquisitions contribute to the consolidation of the aftermarket industry, fostering competitive advantages for participants and addressing the evolving needs of customers.

Regulatory factors significantly impact the global automotive aftermarket, with environmental standards, safety regulations, and intellectual property laws shaping the industry landscape. Compliance with stringent regulations influences product development, manufacturing processes, and aftermarket services, compelling businesses to invest in research and development to meet evolving legal requirements and ensure market sustainability.

The automotive aftermarket faces a dynamic landscape with the emergence of service substitutes, such as ride-sharing platforms and alternative mobility solutions. Changing consumer preferences and the rise of new business models impact traditional aftermarket services, requiring adaptation and diversification of offerings to remain competitive in an evolving market where services like car-sharing and autonomous mobility present alternatives to traditional ownership and maintenance.

The concentration of end users in the global automotive aftermarket varies across regions and market segments. While some areas may experience a more dispersed customer base, others may see a higher concentration of consumers. This diversity influences marketing strategies, distribution channels, and customer engagement initiatives as aftermarket businesses tailor their approaches to cater to the specific needs and preferences of distinct end user groups. 

COVID-19 Impact Insights

The automotive & transportation industry is among the most exposed verticals to the ongoing COVID-19 outbreak and is currently amidst unprecedented uncertainty. COVID-19 is expected to have a significant impact on the supply chain and product demand in the automotive aftermarket industry. The industry's concern has moved on from being centered on supply chain disruption from China to the overall slump in demand for aftermarket products. The demand for commercial vehicle parts is expected to plummet with the shutdown of all non-essential services.

Furthermore, changes in consumer buying behavior owing to uncertainty surrounding the pandemic may have serious implications for the near future growth of the industry. With the ups and downs in the economy, people are tending to hold on to their vehicles for a long time now. Meanwhile, liquidity shortfall and cash crunch have already impacted the aftermarket companies, and this shortfall is further expected to widen over the next few months. Further, in the aftermath of the pandemic, consumers are expected to prefer private conveyance.

However, the financial disparities will be expected to hamper the purchase of new vehicles; due to budget constraints, commuters are expected to opt for used cars. Increasing sales of used cars are expected to surge the demand for aftermarket auto parts for vehicle maintenance. On a bigger scale, in developing countries, the pandemic is expected to be a reason for the comeback of some entry-level aftermarket companies. The market will also be expected to vary with the demand from different segments of customers as every class segment has its own preferences regarding car repair and maintenance.

Replacement Part Insights

In terms of market size, the other segment dominated the market with a share of 47.33% in 2024. The tire segment would be the largest segment in terms of the replacement part and is anticipated to dominate the market in terms of size. It is expected to remain the dominant segment on account of the low replacement cycle of tires as compared to the other component counterparts. The aftermarket replacement part suppliers comprise various accessories suppliers, lubricants, tire suppliers, and other component replacement suppliers.

Further, the industry value chain comprises service enablers such as repairing services providers and entertainment service providers. The automobile industry is observing an increase in the demand for hybrid electric cars that would eventually throttle the demand for exhaust parts and specific tools for these specialized cars. This curb can be attributed to the increased prices of petrol and petrol engine-based automobiles. Growth in the disposable proceeds of patrons in developing nations, such as China and Brazil, is expected to have a positive impact on the growth rate of the market.

The growing demand for locomotives is projected to trigger the demand for automobile component sales. Rigid regulatory standards of car safety across the globe are anticipated to drive market economies. The modern age production technology, such as 3D printing of automotive parts, is extensively being deployed by major companies in the industry to optimize their production costs, with 3D printing enabling efficient fabrication performance and reduction of emission toxicity.

Distribution Channel Insights

In terms of market size, the retail segment dominated the market with a share of 54.8% in 2024. The retail segment is anticipated to dominate the market arena in terms of size by 2030. The Wholesale & distribution segment would witness relatively fast growth in terms of revenue from 2025 to 2030. Automotive aftermarket economies are important parts of the overall automotive manufacturing & maintenance scheme as automotive components need to be replaced on time to maintain the overall performance of the vehicle.

The increasing influence of technological advancement is transforming the market towards digitization. The aftermarket is going online, and the marketplace is changing. Parts and services are being sold online. Every player in the value chain such as Original Equipment Manufacturers (OEMs), Original Equipment Suppliers (OESs), wholesalers, insurers, and workshops are reacting to the growing online aftermarket trend. Advanced technology usage in auto parts fabrication, the surge in consumer and passenger automobile production, and the digitalization of automotive repair & maintenance services are the few factors expected to impel the market growth.

Service Channel Insights

In terms of market size, the original equipment segment dominated the market with a share of 69.2% in 2024. The OE segment is anticipated to dominate the aftermarket arena in terms of size by 2030. The DIY segment would witness relatively fast growth in terms of revenue from 2025 to 2030. DIY customers have technical knowledge and interest in maintaining, repairing, and upgrading their cars by themselves. DIFM customers buy parts online but get them installed from a professional workshop.

The aftermarket service channel comprises members such as raw material suppliers, tier 1 distributors, automobile exhaust hubs/manufacturing units, and aftermarket units comprising jobbers and ultimately the repair shops. Repair centers are the important stakeholders in the service channel. The industry is witnessing a trend of strategic alliances and collaborations between collision repair centers and leading auto insurance companies to gain a competitive edge and capture a significant share of the market. For instance, Utica Mutual Insurance Company, State Farm Mutual Automobile Insurance Company, and Progressive Casualty Insurance Company have tie-ups with certified automotive repair shops across all the states in the U.S.

Certification Insights

In terms of market size, the genuine parts segment dominated the market with a share of 51.4% in 2024. The genuine segment is anticipated to dominate the aftermarket arena in terms of size by 2030. The uncertified segment would witness relatively fast growth in terms of revenue from 2025 to 2030. Counterfeit parts are illegal, are not tested or certified, and have no warranty. Genuine parts are manufactured by car manufacturers or by OEMs, also known as subcontractors. Genuine replacement parts have greater assurance of quality, are diverse, easy to find, and include a warranty. The downside of these parts is that they are expensive and required to be purchased from dealers.

Certified automotive parts are tested and inspected by certified organizations. The Certified Automotive Parts Association (CAPA) is a non-profit organization, which was incorporated in 1987. CAPA offers test programs to verify and guarantee the quality and suitability of automotive replacement parts. It was the brainchild of automotive insurance companies and was formed to ensure the quality of replacement parts used by collision repair shops. Certified parts are cost-effective alternatives to costly genuine parts. Whereas, uncertified parts can be used instead of the original automotive parts. Uncertified parts are not approved by the car maker. However, the low cost of uncertified parts creates significant growth opportunities for the segment in the coming years.

Regional Insights

North America Automotive Aftermarket is anticipated to grow at a CAGR of 2.5 % from 2025 to 2030. In addition, there is a growing trend of vehicle customization in the region, where owners modify their vehicles to reflect their individual tastes and preferences. This includes aftermarket upgrades such as performance parts, aesthetic enhancements, audio systems, lighting modifications, and more.

U.S. Automotive Aftermarket Industry Trends

The U.S. automotive aftermarket has seen a significant expansion of e-commerce channels. Online retailers and marketplaces have gained popularity due to the convenience of purchasing parts and accessories online. E-commerce offers a wide range of products, competitive pricing, and simplified shopping experiences.

Europe Automotive Aftermarket Industry Trends

The automotive aftermarket in Europe is expected to reach USD 110.29 Billion by 2030. Europe is at the forefront of automotive technology, and this has influenced the aftermarket sector. The integration of advanced technologies in vehicles, such as ADAS, electric and hybrid systems, and connectivity features, has created opportunities for aftermarket solutions and retrofits to meet the changing needs of European vehicle owners.

The automotive aftermarket in UK is placing an increased focus on skills development and training programs. With advancing vehicle technologies, there is a need for qualified technicians and professionals capable of diagnosing, repairing, and maintaining modern vehicles. Training initiatives are being introduced to upskill the workforce and ensure they stay up to date with the latest advancements. These trends reflect the unique factors shaping the growth of the automotive aftermarket in the UK

Asia Pacific Automotive Aftermarket Industry Trends

Asia Pacific automotive aftermarket dominated the market with a share of 29.1% in 2024. The Asia Pacific market is also expected to deliver significant growth from 2025 to 2030. The digitalization of automotive component delivery services is seen as a key driver of regional car sales, alongside the adoption of advanced technologies in auto parts production and rising output and sales of consumer and passenger vehicles.

The China automotive aftermarket dominated the Asia Pacific aftermarket in 2024. E-commerce has been booming in China, and the automotive aftermarket is no exception. Online platforms and marketplaces have gained popularity, offering a wide range of automotive products and services. Consumers in China increasingly turn to online channels for convenience, competitive pricing, and access to a vast selection of aftermarket parts and accessories.

Key Automotive Aftermarket Company Insights

Key automotive aftermarket companies include 3M Company, Continental AG, Denso Corporation, Robert Bosch GmbH, and ZF Friedrichshafen AG. Technological proliferation and increasing investments in R&D activities by manufacturers and associations are expected to drive industry growth. There are numerous domestic and regional competitors prevailing in the market that are challenged to deliver innovative offerings, which help buyers to address the changing technologies, security needs, and business practices. The key companies are in an advantageous yet vulnerable position in terms of market share gain or losing points. The key companies are adopting the merger and acquisitions strategy, intending to extend their foothold across the globe.

Recent Developments

• In August 2024, Delphi, a brand of PHINIA Inc., significantly expanded its product offerings by launching over 2,000 new parts in the first half of 2024, covering a total of 632 million vehicles globally. This includes enhancements in key categories such as Braking, Steering and Suspension, and Sensors, with a notable increase in first-to-market launches by 35% compared to the previous year. The company also introduced advanced diagnostic software and expanded its electric vehicle model coverage, reinforcing its commitment to keeping vehicles on the road longer and more efficiently.

• In June 2023, Continental released the UltraContact NXT series tire, which is distinguished by its high share of sustainable material usage. The tire comprises up to 65% of recycled, renewable, and ISCC PLUS mass balance-certified materials. The tires will be made available in 19 sizes.

• In April 2023, ZF Aftermarket announced an expansion of its range of offerings for the Indian passenger car market with introduction of three newly manufactured TRW products in India comprising shock absorbers, brake pads, and brake discs. The company emphasizes that a crucial aspect of the independent aftermarket is the repair of brakes for passenger vehicles.

• In March 2023, HELLA, which operates under the FORVIA brand, announced the expansion of its Black Magic auxiliary headlamp series with the introduction of 32 new lightbars. Of these, 14 lightbars have received ECE approval for on-road usage and the remaining for off-road applications.

Automotive Aftermarket Industry Report Scope

Global Automotive Aftermarket Report Segmentation

This report forecasts revenue growth at regional level and provides an analysis of the industry trends in each of the segments from 2017 to 2030. For this study, Grand View Research has segmented the global automotive aftermarket Industry report based on replacement part, distribution channel, service channel, certification, and region:

• Replacement Part Outlook (Revenue, USD Billion, 2017 - 2030)

  • Tire

  • Battery

  • Brake Parts

  • Filters

  • Body parts

  • Lighting & Electronic Components

  • Wheels

  • Exhaust components

  • Turbochargers

  • Others

• Distribution Channel Outlook (Revenue, USD Billion, 2017 - 2030)

  • Retailers

    • OEMs

    • Repair Shops

  • Wholesalers & Distributors

• Service Channel Outlook (Revenue, USD Billion, 2017 - 2030)

  • DIY (Do it Yourself)

  • DIFM (Do it for Me)

  • OE (Delegating to OEM’s)

• Certification Outlook (Revenue, USD Billion, 2017 - 2030)

  • Genuine Parts

  • Certified Parts

  • Uncertified Parts

• Regional Outlook (Revenue, USD Billion, 2017 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

  • Asia Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

  • South America

    • Brazil

  • MEA

    • KSA

    • UAE

    • South Africa