DUBLIN, April 20, 2020 /PRNewswire/ -- 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
220.127.116.11 Engine Parts
18.104.22.168.1 Pistons and Piston Rings
22.214.171.124.2 Engine Valves and Parts
126.96.36.199.3 Fuel Injection Systems and Carburetors
188.8.131.52.4 Powertrain Components and Other Parts
184.108.40.206 Drive Transmission and Steering Parts
220.127.116.11.1 Clutch Assembly Systems and Other Parts
18.104.22.168.4 Steering Systems
22.214.171.124 Suspension and Braking Parts
126.96.36.199.1 Brake Calipers
188.8.131.52.2 Brake Pads
184.108.40.206.3 Suspension Systems
220.127.116.11.4 Other Parts
18.104.22.168.1 Headlights and Lighting Components
22.214.171.124.2 Wiper and Washer Systems
126.96.36.199.3 Dashboard Instruments
188.8.131.52.4 Other Equipment
184.108.40.206 Electrical Parts
220.127.116.11.1 Starter Motors
18.104.22.168.2 Spark Plugs
22.214.171.124.3 Electric Ignition Systems
126.96.36.199.4 Battery and Other Parts
188.8.131.52 Other Miscellaneous
4.1.2 by Distribution Channel
184.108.40.206 Offline Distribution Channel
220.127.116.11 Online Distribution Channel
4.2 Value Chain Analysis
4.3 Market Dynamics
18.104.22.168 E-Tailing in the Automotive Aftermarket
22.214.171.124 Increasing Focus Towards Vehicle Weight Reduction
126.96.36.199 Consolidation and Joint Ventures Among Key Players
188.8.131.52 Increasing Number of Vehicles in Operation (VIO)
184.108.40.206 Increase in Average Age of Vehicles
220.127.116.11 Rise in the Number of Road Accidents
18.104.22.168 Impact Analysis of Drivers on Market Forecast
22.214.171.124 Increasing Adoption of Mobility-as-a-Service (MaaS)
126.96.36.199 Availability of Counterfeit Products
188.8.131.52 Impact Analysis of Restraints on Market Forecast
184.108.40.206 Increase in Private Label Brands
220.127.116.11 Increasing Demand for Electric Vehicles
4.4 Porter's Five Forces Analysis
4.5.1 North America
18.104.22.168 National Highway Traffic Safety Administration (NHTSA)
22.214.171.124 Notification of Defects and Noncompliance
126.96.36.199 Making Safety Devices and Elements Inoperative
188.8.131.52 CAPA Certification
184.108.40.206 Vehicle Certification Agency (VCA)
220.127.116.11 Type Approval for Automotive Systems and Components
18.104.22.168 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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