Automotive Aftermarket Market By Size, Share, Trends, Growth, and Forecast 2030

Report Description

Forecast Period	2026-2030
Market Size (2024)	USD 471.96 Billion
CAGR (2025-2030)	3.50%
Fastest Growing Segment	Tires
Largest Market	Asia Pacific
Market Size (2030)	USD 580.16 Billion

Market Overview:

Global Automotive Aftermarket Market was valued at USD 471.96 Billion in 2024 and is expected to reach USD 580.16 Billion by 2030 with a CAGR of 3.50% during the forecast period. The global automotive aftermarket is experiencing steady growth fueled by several key drivers. Increasing vehicle ownership and longer vehicle lifespans are expanding the demand for maintenance, repair, and replacement parts. Consumers are showing growing interest in vehicle customization and performance enhancement, pushing aftermarket product innovation. Advances in technology, such as connected cars and telematics, are opening new service opportunities, including predictive maintenance and remote diagnostics. Trends shaping the market include the rise of e-commerce platforms for auto parts, shifting consumer preferences toward sustainable and high-quality components, and the integration of digital tools to enhance customer experience.

Market Drivers

Increasing Electric Vehicle Adoption

The growing adoption of electric vehicles (EVs) is reshaping the automotive aftermarket landscape by driving demand for specialized parts and services. As EV production and ownership increase, new opportunities arise in battery maintenance, electric drivetrain components, and software updates unique to these vehicles. Unlike traditional internal combustion engine vehicles, EVs require different maintenance routines and parts, creating a niche but rapidly expanding aftermarket segment. This shift pushes suppliers and service providers to develop expertise and products tailored to electric powertrains, charging infrastructure, and related technologies. The rise of EVs also encourages innovation in remanufacturing and recycling of batteries and components, aligning with sustainability goals. For instance, In 2024, electric car sales worldwide surpassed 17 million, marking a growth of over 25% compared to the previous year. The additional 3.5 million electric cars sold in 2024 alone exceed the total global sales recorded in 2020. China remained the dominant market, with sales exceeding 11 million—surpassing the entire global sales volume from just two years prior. While growth in Europe slowed due to subsidy reductions and unchanged EU CO2 targets, the United States saw continued, albeit slower, growth in electric car sales. Notably, markets outside China, Europe, and the U.S. experienced a record 40% sales increase, reaching 1.3 million electric cars and approaching the U.S. sales volume of 1.6 million.

Rising Vehicle Production

The steady increase in global vehicle production is a key driver for the automotive aftermarket. As more vehicles are manufactured and enter the roads, the subsequent demand for maintenance, repairs, and replacement parts rises accordingly. Higher production volumes expand the overall vehicle parc, which directly fuels aftermarket growth by increasing the base of vehicles needing servicing throughout their lifecycle. This growth spans across passenger cars, commercial vehicles, and two-wheelers, creating diverse opportunities for aftermarket players. The ramp-up in production also encourages suppliers to innovate and scale their operations to meet rising parts demand. With newer vehicles requiring regular upkeep to maintain warranty and performance standards, the aftermarket benefits from steady consumption of consumables and replacement components. For instance, global vehicle sales reached 92.4 million units in 2023, marking a 10.8% increase from 2022. The strong sales growth, bolstered by an 11% rise in December, signals increasing demand and production. The continuous upward trend in global vehicle sales reflects robust recovery and heightened consumer demand across key markets, including North America, Europe, and Asia. This surge highlights the automotive industry's resilience and adaptability, indicating a promising outlook for the sector.

Increasing Vehicle Parc and Aging Fleet

The expanding global vehicle parc, coupled with an aging fleet, is a fundamental driver of the automotive aftermarket. As the number of vehicles on the road rises, the demand for replacement parts, maintenance, and repair services grows proportionally. Vehicles are also being kept in use for longer periods due to improved build quality and economic considerations, leading to a sustained need for aftermarket products. An aging fleet often requires more frequent repairs and component replacements to maintain performance and safety standards. This creates a consistent revenue stream for the aftermarket sector as vehicle owners seek cost-effective solutions to extend their vehicle’s lifecycle. Technological advances in vehicle diagnostics and repair are helping to address the complexity of servicing older vehicles.

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Key Market Challenges

Counterfeit and Low-Quality Parts

The proliferation of counterfeit and low-quality aftermarket parts presents a significant challenge to the industry. Such products can undermine consumer trust, compromise vehicle safety, and lead to higher long-term maintenance costs. Counterfeit parts often mimic the appearance of genuine components but fail to meet required performance and safety standards. This issue is exacerbated by the complexity of the aftermarket supply chain, where multiple intermediaries can facilitate the infiltration of fake products. The presence of substandard parts creates a competitive disadvantage for legitimate manufacturers and service providers, as consumers may be lured by lower prices despite the risks. Combating counterfeit goods requires enhanced regulatory oversight, improved tracking and authentication technologies, and increased consumer awareness about product quality.

Regulatory and Compliance Pressures

The automotive aftermarket operates within a complex regulatory environment that continuously evolves with safety, environmental, and quality standards. Adapting to these regulations can impose significant compliance costs and operational constraints on aftermarket manufacturers and service providers. Stricter emissions regulations affect the types of replacement parts allowed, especially those related to engine and exhaust systems. Safety standards require rigorous testing and certification of components, which can increase product development timelines and expenses. Navigating different jurisdictions’ regulations is challenging, as aftermarket companies often serve a global customer base with varying requirements. Failure to comply can lead to product recalls, legal liabilities, and reputational damage.

Key Market Trends

Growth of E-Commerce and Digital Platforms

The rise of e-commerce and digital platforms is revolutionizing the automotive aftermarket by transforming how parts and services are marketed and sold. Online marketplaces provide consumers with easy access to a vast range of products, often at competitive prices, removing traditional barriers of geography and inventory limitations. This trend enables aftermarket players to reach a broader customer base directly, reducing dependency on physical retail channels and distributors. Digital platforms offer enhanced transparency through customer reviews, detailed product information, and price comparisons, empowering buyers to make informed decisions. Technology integration in e-commerce, such as augmented reality for part visualization and AI-driven recommendations, further improves the shopping experience. The shift toward online sales has also accelerated the adoption of efficient logistics and supply chain models, ensuring faster delivery and better inventory management.

Increasing Focus on Sustainability and Eco-Friendly Products

Sustainability is becoming a defining trend in the automotive aftermarket, with consumers and regulators demanding eco-friendly products and practices. This includes the rise of recycled and remanufactured parts, which reduce waste and environmental impact while offering cost-effective alternatives to new components. Manufacturers are innovating to develop biodegradable materials, energy-efficient production processes, and products that enhance vehicle fuel efficiency or emissions performance. Environmental consciousness influences buyer behavior, as more vehicle owners prefer parts that align with green values. The aftermarket industry is responding by promoting sustainable product lines and integrating circular economy principles, such as refurbishing and reusing components. Eco-certifications and transparent supply chain practices are gaining importance to assure customers of product sustainability.

Segmental Insights

Vehicle Type Insights

In 2024, the passenger cars segment dominated the global automotive aftermarket, driven by its vast vehicle base and consistent demand for maintenance and replacement parts. Passenger vehicles typically have higher ownership rates and longer usage periods, which translate into regular aftermarket needs such as tires, batteries, filters, and other consumables. The increasing focus on vehicle customization and aesthetic enhancements among passenger car owners has also contributed to this segment’s strong aftermarket growth. Moreover, technological advancements in passenger vehicles, including advanced driver assistance systems and infotainment upgrades, have created opportunities for specialized aftermarket products and services. Commercial vehicles and two-wheelers, while important, represented smaller shares of the overall market in 2024.

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Regional Insights

In 2024, the Asia-Pacific region dominated the global automotive aftermarket, driven by its large and rapidly growing vehicle population. The region's expanding middle class and increasing vehicle ownership rates have fueled demand for maintenance, repair, and replacement parts. Strong economic growth and urbanization continue to boost vehicle usage, which in turn supports aftermarket services and parts consumption. Rising consumer awareness about vehicle upkeep and a shift toward personalized vehicle modifications have further strengthened the aftermarket in Asia-Pacific.

Recent Developments

In 2025, ASK Automotive has partnered with Japan’s AISIN Group to distribute AISIN’s passenger car components in South Asia’s independent aftermarket. The product range includes turbochargers, clutch sets, ball joints, and air filters. ASK plans to localize manufacturing of some AISIN products in India by the end of the decade, supporting local production initiatives and improving parts availability. With 18 manufacturing plants and exports to seven countries, ASK reported revenues of approximately USD 365 million in FY24.
In 2024, ZF launched its new aftermarket platform, ZF Aftermarket Digital Services, to enhance customer experience with digital tools like online parts ordering, training, and diagnostics. This platform aims to boost efficiency and support growing digitalization in the automotive aftermarket.
In 2024, Taiwan-based automotive aftermarket parts manufacturers retained a dominant position in the global supply chain, commanding an impressive 90% market share despite a worldwide slowdown in the auto market.
In 2025, Taiwanese auto parts suppliers are considering U.S. production to offset a new 25% import tariff. Rising costs and labor shortages are pushing firms toward automation, while demand may soften as higher prices lead consumers to delay repairs or seek cheaper alternatives. Despite challenges, Taiwanese parts remain popular in the U.S. for their cost-effectiveness and OEM-level quality.

Key Market Players

3M
Continental AG
Cooper Tire & Rubber Company
Delphi Automotive PLC
Denso Corporation
Federal-Mogul Corporation
HELLA KGaA Hueck & Co.
Robert Bosch GmbH
Valeo Group
ZF Friedrichshafen AG

By Vehicle Type	By Component	By Sales Channel	By Region
Passenger Cars Commercial Vehicle Two-Wheelers	Tires Body & Mechanical parts Batteries Accessories & Vehicle Care Products Lubricants	Online Offline	North America Europe & CIS Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the global Automotive Aftermarket Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Automotive Aftermarket Market, By Vehicle Type:

o Passenger Cars

o Commercial Vehicle

o Two-Wheelers

Automotive Aftermarket Market, By Component:

o Tires

o Body & Mechanical parts

o Batteries

o Accessories & Vehicle Care Products

o Lubricants

Automotive Aftermarket Market, By Sales Channel:

o Online

o Offline

Automotive Aftermarket Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe & CIS

§ Germany

§ France

§ U.K.

§ Spain

§ Italy

o Asia-Pacific

§ China

§ Japan

§ India

§ Vietnam

§ South Korea

§ Australia

§ Thailand

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

§ Turkey

o South America

§ Brazil

§ Argentina

§ Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the global Automotive Aftermarket Market.

Available Customizations:

Global Automotive Aftermarket Market report with the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Automotive Aftermarket Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Introduction

1.1. Product Overview

1.2. Key Highlights of the Report

1.3. Market Coverage

1.4. Market Segments Covered

1.5. Research Tenure Considered

2. Research Methodology

2.1. Methodology Landscape

2.2. Objective of the Study

2.3. Baseline Methodology

2.4. Formulation of the Scope

2.5. Assumptions and Limitations

2.6. Sources of Research

2.7. Approach for the Market Study

2.8. Methodology Followed for Calculation of Market Size & Market Shares

2.9. Forecasting Methodology

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions

3.5. Overview of Market Drivers, Challenges, and Trends

4. Global Automotive Aftermarket Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value

4.2. Market Share & Forecast

4.2.1. By Vehicle Type (Passenger Cars, Commercial Vehicle, Two-Wheelers)

4.2.2. By Component (Tires, Body & Mechanical parts, Batteries, Accessories & Vehicle Care Products, Lubricants)

4.2.3. By Sales Channel (Online, Offline)

4.2.4. By Region

4.2.5. By Company (2024)

4.3. Market Map

5. North America Automotive Aftermarket Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Vehicle Type

5.2.2. By Component

5.2.3. By Sales Channel

5.2.4. By Country

5.3. North America: Country Analysis

5.3.1. United States Automotive Aftermarket Market Outlook

5.3.1.1. Market Size & Forecast

5.3.1.1.1. By Value

5.3.1.2. Market Share & Forecast

5.3.1.2.1. By Vehicle Type

5.3.1.2.2. By Component

5.3.1.2.3. By Sales Channel

5.3.2. Canada Automotive Aftermarket Market Outlook

5.3.2.1. Market Size & Forecast

5.3.2.1.1. By Value

5.3.2.2. Market Share & Forecast

5.3.2.2.1. By Vehicle Type

5.3.2.2.2. By Component

5.3.2.2.3. By Sales Channel

5.3.3. Mexico Automotive Aftermarket Market Outlook

5.3.3.1. Market Size & Forecast

5.3.3.1.1. By Value

5.3.3.2. Market Share & Forecast

5.3.3.2.1. By Vehicle Type

5.3.3.2.2. By Component

5.3.3.2.3. By Sales Channel

6. Europe & CIS Automotive Aftermarket Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Vehicle Type

6.2.2. By Component

6.2.3. By Sales Channel

6.2.4. By Country

6.3. Europe & CIS: Country Analysis

6.3.1. France Automotive Aftermarket Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Vehicle Type

6.3.1.2.2. By Component

6.3.1.2.3. By Sales Channel

6.3.2. Germany Automotive Aftermarket Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Vehicle Type

6.3.2.2.2. By Component

6.3.2.2.3. By Sales Channel

6.3.3. Spain Automotive Aftermarket Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Vehicle Type

6.3.3.2.2. By Component

6.3.3.2.3. By Sales Channel

6.3.4. Italy Automotive Aftermarket Market Outlook

6.3.4.1. Market Size & Forecast

6.3.4.1.1. By Value

6.3.4.2. Market Share & Forecast

6.3.4.2.1. By Vehicle Type

6.3.4.2.2. By Component

6.3.4.2.3. By Sales Channel

6.3.5. United Kingdom Automotive Aftermarket Market Outlook

6.3.5.1. Market Size & Forecast

6.3.5.1.1. By Value

6.3.5.2. Market Share & Forecast

6.3.5.2.1. By Vehicle Type

6.3.5.2.2. By Component

6.3.5.2.3. By Sales Channel

7. Asia-Pacific Automotive Aftermarket Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Vehicle Type

7.2.2. By Component

7.2.3. By Sales Channel

7.2.4. By Country

7.3. Asia-Pacific: Country Analysis

7.3.1. China Automotive Aftermarket Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Vehicle Type

7.3.1.2.2. By Component

7.3.1.2.3. By Sales Channel

7.3.2. Japan Automotive Aftermarket Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Vehicle Type

7.3.2.2.2. By Component

7.3.2.2.3. By Sales Channel

7.3.3. India Automotive Aftermarket Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Vehicle Type

7.3.3.2.2. By Component

7.3.3.2.3. By Sales Channel

7.3.4. Vietnam Automotive Aftermarket Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Vehicle Type

7.3.4.2.2. By Component

7.3.4.2.3. By Sales Channel

7.3.5. South Korea Automotive Aftermarket Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Vehicle Type

7.3.5.2.2. By Component

7.3.5.2.3. By Sales Channel

7.3.6. Australia Automotive Aftermarket Market Outlook

7.3.6.1. Market Size & Forecast

7.3.6.1.1. By Value

7.3.6.2. Market Share & Forecast

7.3.6.2.1. By Vehicle Type

7.3.6.2.2. By Component

7.3.6.2.3. By Sales Channel

7.3.7. Thailand Automotive Aftermarket Market Outlook

7.3.7.1. Market Size & Forecast

7.3.7.1.1. By Value

7.3.7.2. Market Share & Forecast

7.3.7.2.1. By Vehicle Type

7.3.7.2.2. By Component

7.3.7.2.3. By Sales Channel

8. Middle East & Africa Automotive Aftermarket Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Vehicle Type

8.2.2. By Component

8.2.3. By Sales Channel

8.2.4. By Country

8.3. MEA: Country Analysis

8.3.1. South Africa Automotive Aftermarket Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Vehicle Type

8.3.1.2.2. By Component

8.3.1.2.3. By Sales Channel

8.3.2. Saudi Arabia Automotive Aftermarket Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Vehicle Type

8.3.2.2.2. By Component

8.3.2.2.3. By Sales Channel

8.3.3. UAE Automotive Aftermarket Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Vehicle Type

8.3.3.2.2. By Component

8.3.3.2.3. By Sales Channel

8.3.4. Turkey Automotive Aftermarket Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Vehicle Type

8.3.4.2.2. By Component

8.3.4.2.3. By Sales Channel

9. South America Automotive Aftermarket Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Vehicle Type

9.2.2. By Component

9.2.3. By Sales Channel

9.2.4. By Country

9.3. South America: Country Analysis

9.3.1. Brazil Automotive Aftermarket Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Vehicle Type

9.3.1.2.2. By Component

9.3.1.2.3. By Sales Channel

9.3.2. Argentina Automotive Aftermarket Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Vehicle Type

9.3.2.2.2. By Component

9.3.2.2.3. By Sales Channel

9.3.3. Colombia Automotive Aftermarket Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Vehicle Type

9.3.3.2.2. By Component

9.3.3.2.3. By Sales Channel

10. Market Dynamics

10.1. Drivers

10.2. Challenges

11. Key Market Disruptions

11.1. Conflicts

11.2. Pandemic

11.3. Trade Barriers

12. Market Trends & Developments

13. Policy & Regulatory Landscape

14. Competitive Landscape

14.1. Company Profiles

14.1.1. 3M

14.1.1.1. Business Overview

14.1.1.2. Company Snapshot

14.1.1.3. Products & Services

14.1.1.4. Financials (As Per Availability)

14.1.1.5. Key Market Focus & Geographical Presence

14.1.1.6. Recent Developments

14.1.1.7. Key Management Personnel

14.1.2. Continental AG

14.1.3. Cooper Tire & Rubber Company

14.1.4. Delphi Automotive PLC

14.1.5. Denso Corporation

14.1.6. Federal-Mogul Corporation

14.1.7. HELLA KGaA Hueck & Co.

14.1.8. Robert Bosch GmbH

14.1.9. Valeo Group

14.1.10. ZF Friedrichshafen AG

15. Strategic Recommendations

16. About US & Disclaimer

Figures and Tables

Frequently asked questions

What was the market Size of the Global Automotive Aftermarket Market in 2024?

The market size of the Global Automotive Aftermarket Market was estimated to be 471.96 Billion in 2024.

What are the major drivers for the global Automotive Aftermarket Market ?

Major drivers include rising electric vehicle adoption, increasing need for specialized EV components, battery maintenance demand, technological advancements in diagnostics, and supportive regulations promoting sustainable mobility and aftermarket service innovation.

What are the major trends in the global Automotive Aftermarket Market?

Key trends include growth of e-commerce platforms, adoption of predictive maintenance, increasing demand for sustainable parts, integration of advanced vehicle technologies, and rising personalization and customization in aftermarket products and services.

What are the major challenges for the global Automotive Aftermarket Market?

Major challenges include counterfeit parts proliferation, complex supply chain management, evolving regulatory compliance, shortage of skilled technicians for advanced vehicle systems, and intense competition from OEMs entering the aftermarket space.