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Global vehicles in operation will increase significantly over the 2017–2018 period, driving new opportunities for passenger car and light truck parts and service providers. This research compiles findings from various deliverables published by Frost & Sullivan over the past two years. It covers growth prospects for the global automotive aftermarket in North America, Europe, China, India, and Latin America. The research includes analyses of vehicles in operation, vehicle ownership, eRetailing in the automotive aftermarket, and service providers by region. It includes an analysis of Mega Trends impacting the global automotive aftermarket, with a specific focus on eRetailing, remanufacturing, and start-ups in the aftermarket ecosystem. Conclusions and an outlook are presented for each region.The study’s objectives are to:• Calculate the size of the global automotive aftermarket through analysis of VIO and replacement rates• Update the main Frost & Sullivan research findings for each region• Identify the main industry trends in each region• Determine which regions and segments will enjoy the highest growth potential• Analyze the effect of Mega Trends such as eRetailing and telematics solutions on demand for aftermarket parts and services• Predict major benchmarks that the global aftermarket will achieve in 2016 and beyondKey questions this study will answer:• What are the main factors that will influence the size and direction of the global automotive aftermarket in 2017?• How does the industry outlook vary from region to region?• What is the outlook for eRetailing in each region during 2017?• What developments in the global automotive aftermarket in 2016 will have an impact during 2017?• How are emerging regions being served, or underserved, by automotive parts and services suppliers?
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