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Electric Vehicle Aftermarket Market Share

Report ID: GMI6745
Published Date: Sep 2023
Report Format: PDF

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Electric Vehicle Aftermarket Market Share

Major companies operating in the electric vehicle aftermarket market are

Robert Bosch GmbH
Aptiv PLC
GMB North America Inc.
Bridgestone
MICHELIN
ZF Friedrichshafen AG
Akebono Brake Corporation

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of electric vehicle aftermarket reached USD 66.1 billion in 2022 and is set to record 20.7% CAGR from 2023 to 2032, due to the increasing adoption of battery electric vehicles and the rapid expansion of customer base for maintenance, repairs, and customization worldwide.

The passenger cars type segment recorded over 65% of the market share in 2022, on account of the introduction of standardized replacement tires for passenger cars.

North America market held over 35% of the revenue share in 2022, owing to the presence of robust automotive sector with well-established aftermarket product dealerships in the region.

Robert Bosch GmbH, Aptiv PLC, GMB North America Inc., Bridgestone, MICHELIN, ZF Friedrichshafen AG, and Akebono Brake Corporation. are some of the major companies worldwide.