Product Code: ETC313441 | Publication Date: Aug 2022 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The United States automotive aftermarket is a dynamic industry encompassing the sale of vehicle parts, accessories, equipment, and services outside of the original equipment manufacturer (OEM) network. With a robust consumer base of car owners and enthusiasts, the aftermarket sector offers a wide range of products such as performance parts, replacement components, appearance accessories, and maintenance services. The market is driven by factors like an aging vehicle fleet, increasing disposable income, technological advancements, and a DIY culture among consumers. Key players in the US automotive aftermarket include retailers, distributors, manufacturers, and service providers, all working together to meet the diverse needs of customers looking to customize, repair, and enhance their vehicles. The industry also benefits from e-commerce platforms, brick-and-mortar stores, and professional installers, contributing to its overall growth and competitiveness.
In the US automotive aftermarket, key trends include the growing demand for customization and personalization options, driven by consumer preferences for unique vehicles. The trend towards electric vehicles (EVs) is also impacting the aftermarket sector, with a focus on EV charging infrastructure and specialized services. Additionally, there is a shift towards online purchasing of aftermarket parts and accessories, leading to increased competition among e-commerce platforms. Technological advancements such as advanced driver assistance systems (ADAS) and connected car technologies are driving the need for specialized aftermarket services and products. Sustainability is another emerging trend, with a focus on eco-friendly products and practices throughout the aftermarket supply chain. Overall, the US automotive aftermarket is evolving to meet the changing needs of consumers and the industry`s technological advancements.
The US Automotive Aftermarket faces several challenges, including the increased complexity of vehicles with advanced technologies, such as electric and autonomous features, requiring specialized knowledge and tools for repairs and maintenance. Additionally, the growing trend of online retailing has disrupted traditional distribution channels, forcing aftermarket suppliers and retailers to adapt to the changing consumer behavior. Another challenge is the uncertainty surrounding government regulations on emissions and vehicle safety standards, which can impact the demand for aftermarket products and services. Moreover, the competitive landscape is intensifying with the entry of new players and the consolidation of existing ones, leading to pricing pressures and the need for differentiation in products and services to stay competitive in the market.
The US Automotive Aftermarket presents various investment opportunities due to its steady growth driven by factors such as an aging vehicle fleet, increasing average vehicle age, and a growing consumer preference for vehicle customization and maintenance. Key investment areas within the sector include aftermarket parts and accessories, repair and maintenance services, performance products, and digital solutions for automotive businesses. Companies focusing on innovative technologies like connected vehicle solutions, electric vehicle components, and e-commerce platforms for aftermarket products are likely to perform well. Additionally, opportunities exist in investing in companies that offer sustainable and eco-friendly aftermarket products to cater to the increasing demand for environmentally conscious automotive solutions. Overall, the US Automotive Aftermarket sector offers a diverse range of investment opportunities for investors looking to capitalize on the evolving automotive industry trends.
Government policies related to the US Automotive Aftermarket primarily focus on regulations around vehicle safety, emissions standards, intellectual property rights, and consumer protection. The US Department of Transportation oversees safety regulations for aftermarket parts to ensure they meet the same standards as original equipment manufacturer (OEM) parts. The Environmental Protection Agency (EPA) regulates emissions standards for aftermarket exhaust systems and catalytic converters. Intellectual property rights protect manufacturers from counterfeit products in the aftermarket, while consumer protection laws safeguard against fraudulent practices. Additionally, the Magnuson-Moss Warranty Act ensures that aftermarket parts do not void vehicle warranties unless they directly cause a malfunction. Overall, these policies aim to maintain safety, environmental responsibility, fair competition, and consumer rights within the US Automotive Aftermarket industry.
The future outlook for the US Automotive Aftermarket is promising, with steady growth anticipated in the coming years. Factors such as an aging vehicle population, increasing miles driven by consumers, and a growing trend towards vehicle customization and upgrades are expected to drive demand for aftermarket parts and services. Additionally, advancements in technology, such as connected cars and electric vehicles, are creating new opportunities for aftermarket suppliers and service providers. The rise of e-commerce platforms and digital marketing strategies are also likely to reshape the aftermarket landscape, making it more convenient for consumers to access products and services. Overall, the US Automotive Aftermarket is poised for continued expansion and innovation, providing a favorable environment for businesses operating in this sector.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) Automotive Aftermarket Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Automotive Aftermarket Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Automotive Aftermarket Market - Industry Life Cycle |
3.4 United States (US) Automotive Aftermarket Market - Porter's Five Forces |
3.5 United States (US) Automotive Aftermarket Market Revenues & Volume Share, By Replacement Parts, 2021 & 2031F |
3.6 United States (US) Automotive Aftermarket Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 United States (US) Automotive Aftermarket Market Revenues & Volume Share, By Service Channel, 2021 & 2031F |
3.8 United States (US) Automotive Aftermarket Market Revenues & Volume Share, By Certification, 2021 & 2031F |
4 United States (US) Automotive Aftermarket Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United States (US) Automotive Aftermarket Market Trends |
6 United States (US) Automotive Aftermarket Market, By Types |
6.1 United States (US) Automotive Aftermarket Market, By Replacement Parts |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Automotive Aftermarket Market Revenues & Volume, By Replacement Parts, 2021 - 2031F |
6.1.3 United States (US) Automotive Aftermarket Market Revenues & Volume, By Tire, 2021 - 2031F |
6.1.4 United States (US) Automotive Aftermarket Market Revenues & Volume, By Battery, 2021 - 2031F |
6.1.5 United States (US) Automotive Aftermarket Market Revenues & Volume, By Brake Parts, 2021 - 2031F |
6.1.6 United States (US) Automotive Aftermarket Market Revenues & Volume, By Filters, 2021 - 2031F |
6.1.7 United States (US) Automotive Aftermarket Market Revenues & Volume, By Body parts, 2021 - 2031F |
6.1.8 United States (US) Automotive Aftermarket Market Revenues & Volume, By Lighting & Electronic Components, 2021 - 2031F |
6.1.9 United States (US) Automotive Aftermarket Market Revenues & Volume, By Exhaust components, 2021 - 2031F |
6.1.10 United States (US) Automotive Aftermarket Market Revenues & Volume, By Exhaust components, 2021 - 2031F |
6.2 United States (US) Automotive Aftermarket Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Automotive Aftermarket Market Revenues & Volume, By Retailers, 2021 - 2031F |
6.2.3 United States (US) Automotive Aftermarket Market Revenues & Volume, By Wholesalers & Distributors, 2021 - 2031F |
6.3 United States (US) Automotive Aftermarket Market, By Service Channel |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Automotive Aftermarket Market Revenues & Volume, By DIY (Do it Yourself), 2021 - 2031F |
6.3.3 United States (US) Automotive Aftermarket Market Revenues & Volume, By DIFM (Do it for Me), 2021 - 2031F |
6.3.4 United States (US) Automotive Aftermarket Market Revenues & Volume, By OE (Delegating to OEM??s), 2021 - 2031F |
6.4 United States (US) Automotive Aftermarket Market, By Certification |
6.4.1 Overview and Analysis |
6.4.2 United States (US) Automotive Aftermarket Market Revenues & Volume, By Genuine Parts, 2021 - 2031F |
6.4.3 United States (US) Automotive Aftermarket Market Revenues & Volume, By Certified Parts, 2021 - 2031F |
6.4.4 United States (US) Automotive Aftermarket Market Revenues & Volume, By Uncertified Parts, 2021 - 2031F |
7 United States (US) Automotive Aftermarket Market Import-Export Trade Statistics |
7.1 United States (US) Automotive Aftermarket Market Export to Major Countries |
7.2 United States (US) Automotive Aftermarket Market Imports from Major Countries |
8 United States (US) Automotive Aftermarket Market Key Performance Indicators |
9 United States (US) Automotive Aftermarket Market - Opportunity Assessment |
9.1 United States (US) Automotive Aftermarket Market Opportunity Assessment, By Replacement Parts, 2021 & 2031F |
9.2 United States (US) Automotive Aftermarket Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 United States (US) Automotive Aftermarket Market Opportunity Assessment, By Service Channel, 2021 & 2031F |
9.4 United States (US) Automotive Aftermarket Market Opportunity Assessment, By Certification, 2021 & 2031F |
10 United States (US) Automotive Aftermarket Market - Competitive Landscape |
10.1 United States (US) Automotive Aftermarket Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Automotive Aftermarket Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |