5.0% CAGR Growth of Automotive Aftermarket Market Growth Statistics to Make Multi-Billion Dollar Market during 2019 – 2025 | 3M, Denso, Robert Bosch, Delphi

Automotive Aftermarket Market

All information provided in the report is derived from trusted industrial sources. Global Automotive Aftermarket Market research reports finds market figures between 2019 and 2025. The market will exhibit remarkable CAGRs in the aforementioned period.

Global Automotive Aftermarket Market Overview:

The report spread across 120 pages is an overview of the Global Automotive Aftermarket Market Report 2019. The Global Automotive Aftermarket Market is projected to grow at a healthy growth rate from 2019 to 2025 according to new research. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The thorough analysis in this report enables investors, CEOs, traders and suppliers to understand the market in a better way and based on that knowledge make well-informed decisions.

The Global Automotive Aftermarket valued approximately USD 320 Billion in 2016 is anticipated to grow with a healthy growth rate of more than 5.0% over the forecast period 2017-2025.

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Digitalization of automotive repair & component sales, in addition to advanced technology incorporations in the automobile aftermarket component manufacturing, is expected to elevate the market growth.

On the basis of Replacement Part Type, the market includes tire, battery, brake parts, filters, body parts, lighting and electronic components, wheels, and exhaust components. The tire segment emerged as dominant and this trend is likely to continue through 2025 on account of low replacement cycle of tires compared to other components.

Latest Big News:

DENSO (September 11, 2019) – DENSO and BlackBerry Launch Integrated Automobile HMI Platform – DENSO Corporation and BlackBerry Limited today announced the first integrated HMI (Human Machine Interface) digital cockpit system with BlackBerry® QNX technology has shipped in the first vehicles by leading Japanese automotive manufacturer, SUBARU.  The technology, named DENSO ‘Harmony CoreTM’ will be available first in the United States from Autumn 2019 in the all-new 2020 SUBARU Legacy and Outback (U.S. model).

Co-developed by BlackBerry and DENSO, in collaboration with SUBARU, this leading-edge digital cockpit solution uses BlackBerry QNX® Hypervisor (virtualization) technology to enable integrated control of in-vehicle HMI systems.  First revealed at CES in 2018, this blend of advanced software and human interaction creates a seamless automotive user experience as data-driven connected vehicles become our reality.

Today, vehicles are equipped with multiple HMI systems, which require several device-specific operating systems to work in unison. Because the operating systems are independently controlled by multiple microcontrollers, it has not been possible to unite and coordinate them to display content and sound in a uniform way. The BlackBerry QNX Hypervisor technology enables the independence of several operating systems with different characteristics and controls the integration with one microcomputer.

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Major Key Players:

1 Robert Bosch GmbH

2 Denso Corporation

3 3M Company

4 Federal-Mogul Corporation

5 Continental AG

6 Delphi Automotive PLC and More………………

Market segment by Regions/Countries, this report covers:

1 North America

2 Europe

3 Asia Pacific

4 Middle East and Africa

5 South America

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Major Points in Table of Contents:

Global Automotive Aftermarket Market Report 2018

1 Research Methodology

2 Global Automotive Aftermarket Definition & Scope

3 Executive Summary

4 Global Automotive Aftermarket Industry Dynamics

5 Global Automotive Aftermarket by Replacement Part

6 Global Automotive Aftermarket, Regional Analysis

7 Competitive Intelligence

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