DUBLIN--(BUSINESS WIRE)--The "Automotive Aftermarket Research Report: By Component, Distribution Channel - Industry Size, Trend, Growth and Demand Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The increasing internet penetration and growing online product portfolio of auto parts manufacturers are expected to fuel the growth of electronic retailing (e-tailing) in the global automotive aftermarket. Moreover, the availability of a wide range of products and hassle-free transaction options, with timely delivery, as per the consumer preference, will further result in a shift of consumers from traditional brick-and-mortar stores to e-commerce platforms. Equipment such as headlights and lighting components and dashboard instruments are easily available on online portals.
On the basis of distribution channel, the online distribution channel category is expected to progress with the higher CAGR during the forecast period (2020-2030). Online distribution channels allow consumers to directly buy the components from a seller, over the internet, using a web browser or a smartphone application. Customers can shop online using a range of devices, including desktop computers, laptops, tablet computers, and smartphones. With the rise in the internet penetration, especially in developing countries such as Brazil and India, the automotive aftermarket is expected to witness an increase in the online sale of products during the forecast period.
Based on component, the equipment category is expected to progress with the highest CAGR during the forecast period. Dashboard instruments, under the equipment category, are expected to witness the fastest growth during the forecast period. With the rapid installation of technologically advanced and connected aftermarket instruments, including smart instrument clusters, central displays, and warning and information lights, in passenger cars, the automotive aftermarket is expected to witness significant growth during the forecast period.
Globally, Asia-Pacific (APAC) was the largest market for aftermarket components during the historical period (2015-2019). The regional market is mainly driven by the rising number of vehicles in operation and average age of vehicles in countries such as China, Indonesia, Malaysia, and India. Additionally, the Latin American, Middle Eastern, and African (LAMEA) automotive aftermarket is growing rapidly, on account of the escalating demand for electric vehicles in the region. This, in turn, is expected to increase the requirement for electrical and other related equipment in the region, during the forecast period.
Key Topics Covered
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 by Component
22.214.171.124 Engine Parts
126.96.36.199.1 Pistons and Piston Rings
188.8.131.52.2 Engine Valves and Parts
184.108.40.206.3 Fuel Injection Systems and Carburetors
220.127.116.11.4 Powertrain Components and Other Parts
18.104.22.168 Drive Transmission and Steering Parts
22.214.171.124.1 Clutch Assembly Systems and Other Parts
126.96.36.199.4 Steering Systems
188.8.131.52 Suspension and Braking Parts
184.108.40.206.1 Brake Calipers
220.127.116.11.2 Brake Pads
18.104.22.168.3 Suspension Systems
22.214.171.124.4 Other Parts
126.96.36.199.1 Headlights and Lighting Components
188.8.131.52.2 Wiper and Washer Systems
184.108.40.206.3 Dashboard Instruments
220.127.116.11.4 Other Equipment
18.104.22.168 Electrical Parts
22.214.171.124.1 Starter Motors
126.96.36.199.2 Spark Plugs
188.8.131.52.3 Electric Ignition Systems
184.108.40.206.4 Battery and Other Parts
220.127.116.11 Other Miscellaneous
4.1.2 by Distribution Channel
18.104.22.168 Offline Distribution Channel
22.214.171.124 Online Distribution Channel
4.2 Value Chain Analysis
4.3 Market Dynamics
126.96.36.199 E-Tailing in the Automotive Aftermarket
188.8.131.52 Increasing Focus Towards Vehicle Weight Reduction
184.108.40.206 Consolidation and Joint Ventures Among Key Players
220.127.116.11 Increasing Number of Vehicles in Operation (VIO)
18.104.22.168 Increase in Average Age of Vehicles
22.214.171.124 Rise in the Number of Road Accidents
126.96.36.199 Impact Analysis of Drivers on Market Forecast
188.8.131.52 Increasing Adoption of Mobility-as-a-Service (MaaS)
184.108.40.206 Availability of Counterfeit Products
220.127.116.11 Impact Analysis of Restraints on Market Forecast
18.104.22.168 Increase in Private Label Brands
22.214.171.124 Increasing Demand for Electric Vehicles
4.4 Porter's Five Forces Analysis
4.5.1 North America
126.96.36.199 National Highway Traffic Safety Administration (NHTSA)
188.8.131.52 Notification of Defects and Noncompliance
184.108.40.206 Making Safety Devices and Elements Inoperative
220.127.116.11 CAPA Certification
18.104.22.168 Vehicle Certification Agency (VCA)
22.214.171.124 Type Approval for Automotive Systems and Components
126.96.36.199 Emirates Authority of Standardization and Metrology (ESMA)
Chapter 5. Global Market Size and Forecast
5.1 By Component
5.1.1 Engine Parts, by Product Type
5.1.2 Drive Transmission and Steering Parts, by Product Type
5.1.3 Suspension and Braking Parts, by Product Type
5.1.4 Equipment, by Product Type
5.1.5 Electrical Parts, by Product Type
5.2 By Distribution Channel
5.3 By Region
Chapter 6. North America Market Size and Forecast
Chapter 7. Europe Market Size and Forecast
Chapter 8. APAC Market Size and Forecast
Chapter 9. LAMEA Market Size and Forecast
Chapter 10. Major Markets: Segment Analysis
10.1 The U.S.
10.4 The U.K.
Chapter 11. Competitive Landscape
11.1 List of Key Players and Their Offerings
11.2 Competitive Analysis of Key Players
11.3 Competitive Benchmarking of Key Players
11.4 Strategic Developments of Key Players
11.4.1 Product Launches
11.4.2 Mergers and Acquisitions, Divestures, and Partnerships
11.4.3 Client Wins
11.4.4 Facility Expansion
11.4.5 Other Developments
Chapter 12. Company Profiles
12.1 Delphi Technologies PLC
12.1.1 Business Overview
12.1.2 Product and Service Offerings
12.1.3 Key Financial Summary
12.2 Robert Bosch GmbH
12.3 DENSO Corporation
12.4 HELLA GmbH & Co. KGaA
12.5 Continental AG
12.6 ZF Friedrichshafen AG
12.7 Valeo SA
12.8 Tenneco Inc.
12.9 Meritor Inc.
12.10 AISIN SEIKI Co. Ltd.
12.11 NGK Spark Plug Co. Ltd.
12.12 BorgWarner Inc.
12.13 Knorr - Bremse AG
12.14 Dana Inc.
12.15 Mando Corporation
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