How big is the automotive aftermarket industry in China?

China automotive aftermarket size is anticipated to strike an 8.5% CAGR through 2027 led by the rising rate of manufacturing of new automobiles, as well as modifications and upgrades of the existing vehicles.

How are replacement parts contributing to the APAC automotive aftermarket growth?

The replacement parts segment in the region is projected to cross USD 170 billion by 2028 driven by the rising maintenance requirements on account of vehicle aging and poor driving conditions.

Asia Pacific Automotive Aftermarket 2022-2028, Growth Forecast Report Share

Report ID: GMI3076

Published Date: February 2022

Report Format: PDF

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Asia Pacific Automotive AfterMarket Share

The Asia Pacific automotive aftermarket industry is competitive in nature. The leading companies are doing merger & acquisitions, new product development, technological upgradation, research & development, and partnership strategies in order to expand their network and cater growing industry requirements.

Key market players are:

Denso Corporation
Akebono Brake Corporation
Delphi Automotive PLC
Robert Bosch GmbH
Hyundai Mobis Co
Aisin Seiki
3M
ACDelco
Toyota Motor Corporation
Lear Corporation
ZF Friedrichshafen AG
Tenneco
Shandong Zhengnuo Group Co Ltd
ASIMCO Technologies Ltd
Johnson Control International Plc.

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Question(FAQ) :

How big is the automotive aftermarket industry in China?: China automotive aftermarket size is anticipated to strike an 8.5% CAGR through 2027 led by the rising rate of manufacturing of new automobiles, as well as modifications and upgrades of the existing vehicles.
How are replacement parts contributing to the APAC automotive aftermarket growth?: The replacement parts segment in the region is projected to cross USD 170 billion by 2028 driven by the rising maintenance requirements on account of vehicle aging and poor driving conditions.
What is the Asia Pacific automotive aftermarket industry worth?: The APAC automotive aftermarket is likely to exceed USD 127 billion in 2021 and is poised to record a CAGR of 7.1% up to 2028, says this GMMI report.

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Authors: Kiran Pulidindi, Akshay Prakash

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Base Year: 2021

Companies covered: 15

Tables & Figures: 197

Countries covered: 9

Pages: 150

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Asia Pacific Automotive Aftermarket 2022-2028, Growth Forecast Report Share

Asia Pacific Automotive AfterMarket Share

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