Aging Vehicle Population Will Be a Primary Driver for Replacement Demand in the Aftermarket
08-Jun-2022
North America
Market Outlook
K76E-01-00-00-00
AU02342-NA-MO_26592
The automotive aftermarket 2022 outlook report examines the qualitative and quantitative aspects of the automotive aftermarket in 2021 by evaluating its performance and identifying the various trends that impacted demand for replacement parts, repair, and maintenance, particularly in the aftermath of the COVID-19 outbreak in 2020. It does an indepth assessment of the various trends and key business models expected to influence automotive aftermarket performance and demand in 2022. The trends complement information on the market revenues of major parts categories and customer ownership behavior and identify major opportunity areas for industry stakeholders. The global study covers leading automotive aftermarkets in North America (Canada, United States), Europe, Latin America, China, and India.
Author: Anuj Monga
Why Is It Increasingly Difficult To Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Automotive Aftermarket
Growth Opportunities Fuel the Growth Pipeline Engine™
2021 Global Automotive Aftermarket—Actuals vs Forecast
Replacement Revenue Forecast for Parts and Accessories
2021 in Numbers
2021 in Trends
2022 in Numbers
2022 in Trends
Research Scope
Vehicle Segmentation
Market Segmentation by Region
Top 5 Global Economic Highlights of 2021
Top 5 Global Economic Predictions for 2022
Global GDP Growth
2022 Scenario Analysis—Quarterly Global Growth
2022 Scenario Analysis—Assumptions
2022 Global GDP Growth Snapshot
Advanced Economies—Predictions for 2022
Emerging Market Economies—Predictions for 2022
Top 5 Global Predictions for 2022—Macroeconomic Policies and Developments
2022 Growth Opportunities—Top 3 Opportunities by Region
2022 Regional Trends—Risks and Policy Direction
Global Light Vehicles in Operation
Global Aftermarket Revenue Market Size Potential
Growth Opportunity by Country
Average Vehicle Age
Average Vehicle Miles Traveled
Aftermarket Implications from the Russo-Ukrainian Conflict
Trend 1: Digitization Across the Customer Journey in the Automotive Aftermarket—Parts and Services
Trend 2: Electrification and Downstream Opportunities
Trend 3: Evolution of Incumbents and Their Influence on Spare Parts and Service Ordering
Trend 4: Connectivity Enabling Legacy and Emerging Service Providers to Deliver After-sales Services
Trend 5: Workshop in Focus for Future Readiness
OEM Activity in 2021
eCommerce Activity in 2021
eCommerce Activity in 2021 (continued)
OEM/Supplier Activity in 2021
M&As, MoUs, and Partnerships in 2021
Policy and Regulation Changes in 2021
Policy and Regulation Changes in 2021 (continued)
Regional Outlook—United States
Regional Outlook—Canada
North American Aftermarket Dashboard
Aftermarket Outlook—Replacement Revenue by Parts Type
VIO Ownership Pattern
VIO Model Mix
Automotive Aftermarket Opportunity Areas
Regional Outlook—Europe
European Aftermarket Dashboard
Aftermarket Outlook—Replacement Revenue by Parts Type
VIO Model Mix
VIO Ownership Pattern
Automotive Aftermarket Opportunity Areas
Regional Outlook—China
China Aftermarket Dashboard
Aftermarket Outlook—Replacement Revenue by Parts Type
VIO Ownership Pattern
VIO Model Mix
Automotive Aftermarket Opportunity Areas
Regional Outlook—India
Indian Aftermarket Dashboard
Aftermarket Outlook—Replacement Revenue by Parts Type
VIO Ownership Pattern
VIO Model Mix
Automotive Aftermarket Opportunity Areas
Regional Outlook—Latin America
Latin American Aftermarket Dashboard
Aftermarket Outlook—Replacement Revenue by Parts Type
VIO Ownership Pattern
VIO Model Mix
Automotive Aftermarket Opportunity Areas
Growth Opportunity 1—Mobile Vehicle Services
Growth Opportunity 1—Mobile Vehicle Services (continued)
Growth Opportunity 2—Digitalization of Parts Sales
Growth Opportunity 2—Digitalization of Parts Sales (continued)
Growth Opportunity 3—Demand from Alternative Powertrain Vehicles
Growth Opportunity 3—Demand from Alternative Powertrain Vehicles (continued)
Key Conclusions and Outlook
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
- Automotive Aftermarket: Replacement Parts and Accessories Revenues, Global, 2020–2026
- Automotive Aftermarket: Key Highlights in Numbers, Global, 2020–2021
- Automotive Aftermarket: Key Highlights in Trends, Global, 2021
- Automotive Aftermarket: Key Predictions in Numbers, Global, 2022
- Automotive Aftermarket: Key Predictions in Trends, Global, 2022
- GDP Growth in Advanced and Emerging and Developing Economies, Global, 2017–2022
- GDP Growth Scenario Analysis, Global, Q1 2019–Q4 2022
- Assumptions for Growth Scenarios, Global, 2022
- GDP Growth Rate, Selected Economies, 2020–2022
- Macroeconomic Predictions and Scenario Outcomes, Global, 2022
- Regional Risks and Policy Direction, Global, 2022
- Automotive Aftermarket: Light VIO, Global, 2021 and 2022
- Automotive Aftermarket: Manufacturer-level Replacement Parts Revenue by Category, Global, 2021–2022
- Automotive Aftermarket: Regional Growth Opportunity Analysis, Key Countries, 2021–2022
- Automotive Aftermarket: Average Vehicle Age, Global, 2022
- Automotive Aftermarket: Average Annual Miles Driven Per Vehicle, Selected Markets, 2020–2022
- Automotive Aftermarket: Aftermarket Implications from the Conflict, Global, 2022
- Online Sales of Replacement Parts and Accessories, Global, 2021–2022
- Cumulative Revenue of Services Booked from Service Aggregator Platforms, Global, 2021–2022
- Automotive Aftermarket Outlook: Digitization in Aftermarket, Global, 2022
- Automotive Aftermarket: Electrification and Downstream Opportunities, Global, 2022
- Automotive Aftermarket: Incumbents in Value Chain, Global, 2022
- Automotive Aftermarket: Connectivity-enabled Aftersales Fulfillment, Global, 2022
- Automotive Aftermarket: Workshop of the Future Vision, Global, 2022
- Automotive Aftermarket: OEM Activity, Key Countries, 2021
- Automotive Aftermarket: eCommerce Activity, Key Countries, 2021
- Automotive Aftermarket: eCommerce Activity, Key Regions, 2021
- Automotive Aftermarket: OE/Supplier Activity, Key Countries, 2021
- Automotive Aftermarket: M&A, MoU, and Partnership Activities, Key Countries, 2021
- Automotive Aftermarket: Policy and Regulation Activities, Key Countries, 2021
- National GDP Growth, United States, 2021–2022
- New Vehicle Sales, United States, 2021–2022
- National GDP Growth, Canada, 2021–2022
- New Vehicle Sales, Canada, 2021–2022
- Automotive Aftermarket: Aftermarket Dashboard, North America, 2021–2022
- Automotive Aftermarket: Revenue by Parts Type, North America, 2021–2022
- Automotive Aftermarket: VIO Brand Share, North America, 2021
- Automotive Aftermarket: VIO Age, North America, 2021
- Automotive Aftermarket: Model Mix, North America, 2021–2022
- Automotive Aftermarket: Opportunity Area, North America, 2022
- GDP Growth, Europe*, 2021–2022
- New Vehicle Sales, Europe*, 2021–2022
- Automotive Aftermarket: Aftermarket Dashboard, Europe, 2021–2022
- Automotive Aftermarket: Revenue by Parts Type, Europe, 2021–2022
- Automotive Aftermarket: Model Mix, Europe, 2021–2022
- Automotive Aftermarket: VIO Brand Share, Eastern Europe, 2021
- Automotive Aftermarket: VIO Brand Share, Western Europe, 2021
- Automotive Aftermarket: Opportunity Area, Europe, 2022
- National GDP Growth, China, 2021–2022
- New Vehicle Sales, China, 2021–2022
- Automotive Aftermarket: Aftermarket Dashboard, China, 2021–2022
- Automotive Aftermarket: Revenue by Parts Type, China, 2021–2022
- Automotive Aftermarket: VIO Brand Share, China, 2021
- Automotive Aftermarket: VIO Age, China, 2021
- Automotive Aftermarket: Model Mix, China, 2021–2022
- Automotive Aftermarket: Opportunity Area, China, 2022
- National GDP Growth, India, 2021–2022
- New Vehicle Sales, India, 2021–2022
- Automotive Aftermarket: Aftermarket Dashboard, India, 2021–2022
- Automotive Aftermarket: Revenue by Parts Type, India, 2021–2022
- Automotive Aftermarket: VIO Brand Share, India, 2021
- Automotive Aftermarket: VIO Age**, India, 2021
- Automotive Aftermarket: Model Mix, India, 2021–2022
- Automotive Aftermarket: Opportunity Area, India, 2022
- National GDP Growth, Latin America, 2021–2022
- New Vehicle Sales, Latin America, 2021–2022
- Automotive Aftermarket: Aftermarket Dashboard, Latin America, 2021–2022
- Automotive Aftermarket: Revenue by Parts Type, Latin America, 2021–2022
- Automotive Aftermarket: VIO Brand Share, Latin America, 2021
- Automotive Aftermarket: VIO Age, Latin America, 2021
- Automotive Aftermarket: Model Mix, Latin America, 2021–2022
- Automotive Aftermarket: Opportunity Area, Latin America, 2022
- Automotive Aftermarket: Key Conclusions and Outlook, Global, 2021–2022
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| Deliverable Type | Market Outlook |
|---|---|
| Author | Anuj Monga |
| Industries | Automotive |
| No Index | No |
| Is Prebook | No |
| List of Charts and Figures | Automotive Aftermarket: Replacement Parts and Accessories Revenues, Global, 2020–2026~ Automotive Aftermarket: Key Highlights in Numbers, Global, 2020–2021~ Automotive Aftermarket: Key Highlights in Trends, Global, 2021~ Automotive Aftermarket: Key Predictions in Numbers, Global, 2022~ Automotive Aftermarket: Key Predictions in Trends, Global, 2022~ GDP Growth in Advanced and Emerging and Developing Economies, Global, 2017–2022~ GDP Growth Scenario Analysis, Global, Q1 2019–Q4 2022~ Assumptions for Growth Scenarios, Global, 2022~ GDP Growth Rate, Selected Economies, 2020–2022~ Macroeconomic Predictions and Scenario Outcomes, Global, 2022~ Regional Risks and Policy Direction, Global, 2022~ Automotive Aftermarket: Light VIO, Global, 2021 and 2022~ Automotive Aftermarket: Manufacturer-level Replacement Parts Revenue by Category, Global, 2021–2022~ Automotive Aftermarket: Regional Growth Opportunity Analysis, Key Countries, 2021–2022~ Automotive Aftermarket: Average Vehicle Age, Global, 2022~ Automotive Aftermarket: Average Annual Miles Driven Per Vehicle, Selected Markets, 2020–2022~ Automotive Aftermarket: Aftermarket Implications from the Conflict, Global, 2022~ Online Sales of Replacement Parts and Accessories, Global, 2021–2022~ Cumulative Revenue of Services Booked from Service Aggregator Platforms, Global, 2021–2022~ Automotive Aftermarket Outlook: Digitization in Aftermarket, Global, 2022~ Automotive Aftermarket: Electrification and Downstream Opportunities, Global, 2022~ Automotive Aftermarket: Incumbents in Value Chain, Global, 2022~ Automotive Aftermarket: Connectivity-enabled Aftersales Fulfillment, Global, 2022~ Automotive Aftermarket: Workshop of the Future Vision, Global, 2022~ Automotive Aftermarket: OEM Activity, Key Countries, 2021~ Automotive Aftermarket: eCommerce Activity, Key Countries, 2021~ Automotive Aftermarket: eCommerce Activity, Key Regions, 2021~ Automotive Aftermarket: OE/Supplier Activity, Key Countries, 2021~ Automotive Aftermarket: M&A, MoU, and Partnership Activities, Key Countries, 2021~ Automotive Aftermarket: Policy and Regulation Activities, Key Countries, 2021~ National GDP Growth, United States, 2021–2022~ New Vehicle Sales, United States, 2021–2022~ National GDP Growth, Canada, 2021–2022~ New Vehicle Sales, Canada, 2021–2022~ Automotive Aftermarket: Aftermarket Dashboard, North America, 2021–2022~ Automotive Aftermarket: Revenue by Parts Type, North America, 2021–2022~ Automotive Aftermarket: VIO Brand Share, North America, 2021~ Automotive Aftermarket: VIO Age, North America, 2021~ Automotive Aftermarket: Model Mix, North America, 2021–2022~ Automotive Aftermarket: Opportunity Area, North America, 2022~ GDP Growth, Europe*, 2021–2022~ New Vehicle Sales, Europe*, 2021–2022~ Automotive Aftermarket: Aftermarket Dashboard, Europe, 2021–2022~ Automotive Aftermarket: Revenue by Parts Type, Europe, 2021–2022~ Automotive Aftermarket: Model Mix, Europe, 2021–2022~ Automotive Aftermarket: VIO Brand Share, Eastern Europe, 2021~ Automotive Aftermarket: VIO Brand Share, Western Europe, 2021~ Automotive Aftermarket: Opportunity Area, Europe, 2022~ National GDP Growth, China, 2021–2022~ New Vehicle Sales, China, 2021–2022~ Automotive Aftermarket: Aftermarket Dashboard, China, 2021–2022~ Automotive Aftermarket: Revenue by Parts Type, China, 2021–2022~ Automotive Aftermarket: VIO Brand Share, China, 2021~ Automotive Aftermarket: VIO Age, China, 2021~ Automotive Aftermarket: Model Mix, China, 2021–2022~ Automotive Aftermarket: Opportunity Area, China, 2022~ National GDP Growth, India, 2021–2022~ New Vehicle Sales, India, 2021–2022~ Automotive Aftermarket: Aftermarket Dashboard, India, 2021–2022~ Automotive Aftermarket: Revenue by Parts Type, India, 2021–2022~ Automotive Aftermarket: VIO Brand Share, India, 2021~ Automotive Aftermarket: VIO Age**, India, 2021~ Automotive Aftermarket: Model Mix, India, 2021–2022~ Automotive Aftermarket: Opportunity Area, India, 2022~ National GDP Growth, Latin America, 2021–2022~ New Vehicle Sales, Latin America, 2021–2022~ Automotive Aftermarket: Aftermarket Dashboard, Latin America, 2021–2022~ Automotive Aftermarket: Revenue by Parts Type, Latin America, 2021–2022~ Automotive Aftermarket: VIO Brand Share, Latin America, 2021~ Automotive Aftermarket: VIO Age, Latin America, 2021~ Automotive Aftermarket: Model Mix, Latin America, 2021–2022~ Automotive Aftermarket: Opportunity Area, Latin America, 2022~ Automotive Aftermarket: Key Conclusions and Outlook, Global, 2021–2022~ |
| Podcast | No |
| WIP Number | K76E-01-00-00-00 |
Global Automotive Aftermarket Outlook, 2022
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