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The global microgrids market revenue is forecast to increase from $3.37 billion in 2022 to $8.00 billion in 2030. While North America is projected to remain the largest regional market over the forecast period, the Asian region is expected to outpace its growth. With a largely secure grid infrastructure, the European Union has limited microgrid dev...

Power-efficient electronic devices capable of high-speed communication have become essential in today’s electronics-dominated world. Low-power integrated circuits (IC) and radio frequency (RF) technologies have evolved rapidly following the increase in portable electronics and internet of things (IoT) usage. Circuit design advancements, such as sub...

This research analyzes the evolving role of electronics manufacturing service (EMS) providers and original design manufacturers (ODMs) in the dynamic electronics industry. It includes revenue forecasts, drivers and restraints, regional forecast and analysis, vertical market forecast and analysis, and competitive structure. The study also discusses ...

The Microelectronics Technology Opportunity Engine covers innovations pertaining to Growth Opportunities in GAA Transistors, AI Chips, 3D IC, CubeSat, GaN-on-Si, and Advanced ProcessorsThe Microelectronics Technology Opportunity Engine captures global electronics-related innovations and developments on a weekly basis. Developments are centered on e...

The global passenger vehicle door module market is undergoing a structural transformation, driven by increasing vehicle complexity, cost pressures, and the shift toward software-defined architectures. Traditionally viewed as mechanical assemblies, door modules are evolving into integrated, technology-rich systems that combine hardware, electronics,...

The global calibration and repair services market reached $4,096.8 million in 2025, driven by the increasing digitalization of calibration and repair services, integration with existing connected systems, real-time monitoring capabilities, and predictive analytics. Third-party service companies are growing faster than in-house laboratories and OEMs...

The unprecedented US tariff measures introduced in 2025 have triggered a global trade conflict, resulting in sharp contractions of trade volumes, extensive supply chain disruptions, and a profound reconfiguration of international business practices. With US average tariff rates surging to their highest levels in nearly a century, governments and bu...

This research service pertains to the US market for medical radiopharmaceuticals. A thorough market sizing and forecasting model of market revenue, procedure volumes, and average pricing is included, along with analyses of market trends, drivers and restraints, and the reimbursement and the competitive environments at the total level as well as wit...

18 May 2017  |  Asia Pacific  |  Market Research

Franchising in the Chinese Automotive Aftermarket, Forecast to 2022

Automotive Aftermarket Revenue Forecasted to Reach $281.8 Billion by 2022

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The Chinese automotive aftermarket is likely grow at a strong pace in the next few years from 2017 to 2022. By 2022, it is forecasted that the revenue of the Chinese automotive aftermarket $281.8 billion. Currently, the average age of vehicles exceeds the warranty period (0–3 years). In 2015, the average age of vehicle in operation was 3.3 years. T...