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The global automotive aftermarket industry has witnessed significant growth over the past few years, driven by factors such as the increasing average age of vehicles, rising vehicle ownership rates, and the growing popularity of DIY (Do-It-Yourself) repairs. According to recent data from Kings Research, the industry is poised for continued expansion, with technological advancements and evolving consumer preferences playing pivotal roles in shaping the market landscape.This report delves into the key drivers, trends, and fut... more

The global automotive aftermarket industry is undergoing a significant transformation driven by technological advancements, evolving consumer preferences, and a shift toward sustainability. As the industry adapts to these changes, market players are capitalizing on emerging opportunities to ensure sustained growth and profitability.Market OverviewThe automotive aftermarket industry encompasses a wide range of services and parts that are used for the repair, maintenance, and enhancement of vehicles after their initial sale. ... more

The automotive aftermarket industry is undergoing a transformative phase, driven by technological advancements, strategic innovations, and shifting consumer preferences. The global Automotive Aftermarket Industry size was valued at USD 780.36 billion in 2023 and is projected to grow from USD 819.14 billion in 2024 to USD 1,207.72 billion by 2031, exhibiting a CAGR of 5.70% during the forecast period. The expansion of the industry is driven by the increasing vehicle longevity, rising number of vehicles, advancements in ... more