Global Automotive Aftermarket Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Battery, Tire, Filters, Brake Parts, Turbochargers, and Lighting & Electronic Components

By Vehicle Type;

Passenger Cars and Commercial Vehicles

By Application;

Gasoline , Diesel Fuel Additives, and Aftermarket Fuel Additive Type Market

By Distribution Channel;

Big Stores Market , 4S Stores Market, Unauthorised Service Centres Market, Gas Stations Market, Automotive Workshops Market, E-Commerce Market, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn754702465 Published Date: May, 2025 Updated Date: June, 2025

Automotive Aftermarket Overview

Automotive Aftermarket (USD Million)

Automotive Aftermarket Market was valued at USD 380,690.82 million in the year 2024. The size of this market is expected to increase to USD 553,783.00 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.


Global Automotive Aftermarket Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.5 %
Market Size (2024)USD 380,690.82 Million
Market Size (2031)USD 553,783.00 Million
Market ConcentrationMedium
Report Pages335
380,690.82
2024
553,783.00
2031

Major Players

  • Afton Chemical Corporation
  • Chevron Corporation
  • HELLA
  • ZF
  • Continental
  • Total S.A.
  • Innospec Specialty Chemicals
  • Lucas Oil Products Inc.
  • Ashland Inc.
  • BG Products, Inc.
  • Lubrizol Corporation
  • Infineum International Ltd.
  • BASF SE
  • Evonik Industries AG

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Automotive Aftermarket

Fragmented - Highly competitive market without dominant players


The automotive aftermarket continues to grow steadily as consumers increasingly prioritize the maintenance and durability of their vehicles. With vehicle lifespans extending, demand for replacement parts and repair services is on the rise.

Digital Technologies Transforming Aftermarket Solutions
Innovations in automotive electronics and diagnostics are reshaping the aftermarket. Enhanced components, such as smart sensors and electronic control modules, make up about 40% of new product developments in the sector. These technological advancements are helping improve performance and safety, prompting service providers to modernize their offerings.

Rising Demand for Personalization and Upgrades
The trend of vehicle customization is becoming increasingly prominent, with many customers investing in both visual and performance upgrades. Around 45% of aftermarket spending is now directed toward personalized accessories and tuning products. This shift is not only fueling market demand but also reshaping the types of products in focus.

Eco-Friendly Products Gaining Momentum
As sustainability becomes a key concern, the market is seeing increased adoption of eco-conscious aftermarket solutions. Currently, 25% of the offerings in this sector involve recycled, remanufactured, or environmentally sustainable components. These options are not only greener but often more affordable, driving adoption among cost- and eco-conscious consumers.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Vehicle Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Automotive Aftermarket Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Vehicle longevity
        2. Technological advancements
        3. Regulatory standards
        4. Consumer preferences
      2. Restraints
        1. OEM dominance
        2. Counterfeit parts
        3. High competition
        4. Complex supply chain
      3. Opportunities
        1. Vehicle electrification
        2. Digitalization
        3. Aging vehicle fleet
        4. Emerging markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Automotive Aftermarket, By Product, 2021 - 2031 (USD Million)
      1. Batter
      2. Tire
      3. Filters
      4. Brake Parts
      5. Turbochargers
      6. Lighting & Electronic Components
    2. Automotive Aftermarket, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Passenger Cars
      2. Commercial Vehicles
    3. Automotive Aftermarket, By Application, 2021 - 2031 (USD Million)
      1. Gasoline
      2. Diesel Fuel Additives
      3. Aftermarket Fuel Additive Type Market
    4. Automotive Aftermarket, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Big Stores Market
      2. 4S Stores Market
      3. Unauthorised Service Centres Market
      4. Gas Stations Market
      5. Automotive Workshops Market
      6. E-Commerce Market
      7. Others Market
    5. Automotive Aftermarket, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Afton Chemical Corporation
      2. Chevron Corporation
      3. HELLA
      4. ZF
      5. Continental
      6. Total S.A.
      7. Innospec Specialty Chemicals
      8. Lucas Oil Products Inc.
      9. Ashland Inc.
      10. BG Products, Inc.
      11. Lubrizol Corporation
      12. Infineum International Ltd.
      13. BASF SE
      14. Evonik Industries AG
  7. Analyst Views
  8. Future Outlook of the Market