DUBLIN--(BUSINESS WIRE)--The "Strategic Analysis of the Canadian Automotive Aftermarket, Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
This study covers the Class 1-3 vehicles aftermarket in terms of volume (in million units) and value ($ million) across Canada. The base year for the analysis is 2017 and the forecast period is 2018 to 2025. This research compiles findings from various reports published over the past two years.
The study includes analyses of vehicles in operation, new and used vehicle sales, and parts replacement revenues in the automotive aftermarket. It discusses the growth opportunities and challenges offered by new business models and technologies such as eRetailing, telematics, as well as electric and autonomous vehicles in the aftermarket ecosystem. It also includes profiling of major aftermarket players.
The Canadian vehicle portfolio has a greater concentration of light trucks and SUVs owing to their high residual value and functionalities. This trend offers more revenue potential for the aftermarket players, as light trucks have higher priced parts, which increases the value per parts and services.
Moderate economic growth, inflation, and higher interest rates are expected to dampen the growth of new car sales to less than 1% CAGR till 2025. The used vehicle sales, however, are expected to rise steadily during the forecast period. The share of 4-7 year old vehicles is likely to remain stable.
The large population of out-of-warranty vehicles, fueled by the growth of used vehicle sales, boosts the revenue-generation opportunities for the independent aftermarket (IAM). Early adoption of technology-based business models and services such as eRetailing, service aggregations, and telematics-based prognostics will help increase the market share of aftermarket participants.
The eRetail channel for automotive parts and services in the Canadian aftermarket is expected to grow at a CAGR of 8.6% during 2017-2025. The growth is due to the strong penetration of Internet/smartphone usage and online discounts.
Research Scope
- Estimate the total market opportunity based on a top-down analysis of vehicles in operation, replacement rates, and available pricing data.
- Identify the top automotive parts distributors and service providers in the Canadian automotive aftermarket.
- Provide insights into new business models and vehicle technologies and how it could disrupt the Canadian automotive aftermarket value chain.
- Identify the growth opportunities and challenges that exist within the Canadian automotive aftermarket and how it would impact market participants.
Companies Featured
- Amazon
- BMW
- Canadian Tire Group
- Carquest Corporation
- Chevrolet
- eBay
- Fleet Complete
- Ford
- Gates Canada, Inc.
- Geotab, Inc.
- GM
- Lordco Parts Ltd.
- MAS Automotive Distribution, Inc.
- Mevotech, Inc.
- Mojio, Inc.
- Pitstop
- Spectra Premium Industries, Inc.
- UAP, Inc. (NAPA Canada)
- Uni-Select, Inc.
- Vast-Auto Distribution LTE
- Wakefield Canada, Inc.
- Worldpac, Inc.
Key Topics Covered
1. Executive Summary
2. Research Scope, Definitions, and Vehicle Segmentation
3. Research Objectives, Background and Methodology
4. Definitions and Segmentation
5. Market Overview
6. Aftermarket - Demand Analysis
7. Distribution Channel Analysis
8. Automotive Trends - eRetailing
9. Automotive Trends - OES Aftersales 2.0
10. Automotive Trends - Telematics
11. Aftermarket Telematics Service Providers/Data Platform Profiles
12. Automotive Trends - Electric Vehicles
13. Automotive Mega Trends - Autonomous Vehicles
14. Growth Opportunities and Companies to Action
15. Conclusion and Future Outlook
17. Key Supplier Profiles
18. Amazon
19. eBay
For more information about this report visit https://www.researchandmarkets.com/research/q8z389/strategic?w=4
