Growth Opportunity Analysis in the Automotive Aftermarket, Australia, 2024 2030
The Mature Aftermarket is Experiencing Transformational Growth Thanks to the Increase in Operating Vehicles and Electric Vehicles
28-Oct-2024
Asia Pacific
Market Research
This Frost & Sullivan analysis of the automotive aftermarket in Australia focuses on light vehicles, including passenger vehicles and light commercial vehicles. The aftermarket includes all non-warranty replacement parts installed after the vehicles are sold from dealers.
Automotive parts are part of the complete vehicle assembly and are very important in the aftermarket, focusing on vehicle service, maintenance, and repair. In addition, the aftermarket covers original equipment (OE) parts and independent aftermarket (IAM) parts, which are related to parts that are factory-installed and procured from OE manufacturers. Independent parts manufacturers sell IAM parts to warehouse distributors, retailers, and other distribution channels throughout the aftermarket.
This analysis provides a business snapshot of the automotive aftermarket, including growth drivers, growth restraints, regulations, aftermarket trends, vehicle-in-operation (VIO) overview, new and used vehicle sales, automotive parts revenue breakdown by parts types, leading parts suppliers, and distribution channels.
In Australia, the automotive aftermarket is in a mature stage of its life cycle. Due to the aging of vehicles in Australia, the demand for the aftermarket, including automotive parts and services, has been strong. With the rise in demand for the automotive aftermarket, the demand volume and aftermarket value are also growing.
The development of the aftermarket will become an important indicator to support the sustainable development of Australia’s automotive industry.
Author: Ming Lih Chan
Scope of Analysis
Segmentation and Definitions
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Australian Automotive Aftermarket
Aftermarket Products
Questions This Study Answers
Competitive Environment
Key Competitors
Findings and Future Outlook
Growth Drivers
Growth Restraints
Regulations
Regulations (continued)
Key Activities
Key Activities (continued)
Automotive Aftermarket Trends
VIO by State
Vehicle Ownership by State
VIO by Age
VIO by Powertrain
VIO by Brand
VIO Forecast
Average Age of VIO Forecast
Vehicle Ownership Forecast
New and Used Vehicle Sales Forecast
New Vehicle Sales
Growth Metrics
Forecast Considerations
Automotive Aftermarket Revenue Forecast
Automotive Aftermarket Revenue by Parts Type
Revenue Forecast Analysis
Pricing Trends
Distribution Channel
Automotive Aftermarket by Channel
Automotive Aftermarket Competitors to Watch
Business Models in the EV Aftermarket
Growth Opportunity 1: High Vehicle Ownership and VIO
Growth Opportunity 1: High Vehicle Ownership and VIO (continued)
Growth Opportunity 2: New Strategies for the Independent Aftermarket Channel
Growth Opportunity 2: New Strategies for the Independent Aftermarket Channel (continued)
Growth Opportunity 3: Pricing Strategies and Professional Aftermarket Expertise
Growth Opportunity 3: Pricing Strategies and Professional Aftermarket Expertise (continued)
Benefits and Impacts of Growth Opportunities
Next Steps
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
- Automotive Aftermarket: Findings and Future Outlook, Australia, 2023 and 2030
- Automotive Aftermarket: Growth Drivers, Australia, 2024–2030
- Automotive Aftermarket: Growth Restraints, Australia, 2024–2030
- Automotive Aftermarket: Regulations, Australia, 2023–2030
- Automotive Aftermarket: Key Activities, Australia, 2023
- Automotive Aftermarket: Trends, Australia, 2023
- Automotive Aftermarket: VIO by State, Australia, 2023
- Automotive Aftermarket: Vehicle Ownership by State, Australia, 2023
- Automotive Aftermarket: Average Age of VIO, Australia, 2023
- Automotive Aftermarket: VIO by Age Group, Australia, 2023
- Automotive Aftermarket: Average Vehicle Age by State, Australia, 2023
- Automotive Aftermarket: VIO by Powertrain, Australia, 2023
- Automotive Aftermarket: VIO by Brand, Australia, 2023
- Automotive Aftermarket: VIO Forecast, Australia, 2023–2030
- Automotive Aftermarket: Average Age Forecast of VIO, Australia, 2023–2030
- Automotive Aftermarket: Vehicle Ownership Forecast, Australia, 2023–2030
- Automotive Aftermarket: New and Used Vehicle Sales Forecast, Australia, 2023–2030
- Automotive Aftermarket: New Sales by Brand, Australia, 2023
- Automotive Aftermarket: New Sales by Powertrain, Australia, 2023
- Automotive Aftermarket: Growth Metrics, Australia, 2023
- Automotive Aftermarket: Revenue Forecast, Australia, 2023–2030
- Automotive Aftermarket: Revenue by Parts Type, Australia, 2023 and 2030
- Automotive Aftermarket: Forecast Analysis, Australia, 2023–2030
- Automotive Aftermarket: Pricing Trends, Australia, 2023–2030
- Automotive Aftermarket: Distribution Channel, Australia, 2023
- Automotive Aftermarket: Automotive Aftermarket by Channel, Australia, 2023
- Automotive Aftermarket: Competitors to Watch, Australia, 2023
- Automotive Aftermarket: Business Models in the EV Aftermarket, Australia, 2023
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
Deliverable Type | Market Research |
---|---|
Author | Ming Lih Chan |
Industries | Automotive |
No Index | No |
Is Prebook | No |
Keyword 1 | automotive aftermarket Australia |
Keyword 2 | Australian car market |
Keyword 3 | vehicle parts growth |
List of Charts and Figures | Automotive Aftermarket: Findings and Future Outlook, Australia, 2023 and 2030~ Automotive Aftermarket: Growth Drivers, Australia, 2024–2030~ Automotive Aftermarket: Growth Restraints, Australia, 2024–2030~ Automotive Aftermarket: Regulations, Australia, 2023–2030~ Automotive Aftermarket: Key Activities, Australia, 2023~ Automotive Aftermarket: Trends, Australia, 2023~ Automotive Aftermarket: VIO by State, Australia, 2023~ Automotive Aftermarket: Vehicle Ownership by State, Australia, 2023~ Automotive Aftermarket: Average Age of VIO, Australia, 2023~ Automotive Aftermarket: VIO by Age Group, Australia, 2023~ Automotive Aftermarket: Average Vehicle Age by State, Australia, 2023~ Automotive Aftermarket: VIO by Powertrain, Australia, 2023~ Automotive Aftermarket: VIO by Brand, Australia, 2023~ Automotive Aftermarket: VIO Forecast, Australia, 2023–2030~ Automotive Aftermarket: Average Age Forecast of VIO, Australia, 2023–2030~ Automotive Aftermarket: Vehicle Ownership Forecast, Australia, 2023–2030~ Automotive Aftermarket: New and Used Vehicle Sales Forecast, Australia, 2023–2030~ Automotive Aftermarket: New Sales by Brand, Australia, 2023~ Automotive Aftermarket: New Sales by Powertrain, Australia, 2023~ Automotive Aftermarket: Growth Metrics, Australia, 2023~ Automotive Aftermarket: Revenue Forecast, Australia, 2023–2030~ Automotive Aftermarket: Revenue by Parts Type, Australia, 2023 and 2030~ Automotive Aftermarket: Forecast Analysis, Australia, 2023–2030~ Automotive Aftermarket: Pricing Trends, Australia, 2023–2030~ Automotive Aftermarket: Distribution Channel, Australia, 2023~ Automotive Aftermarket: Automotive Aftermarket by Channel, Australia, 2023~ Automotive Aftermarket: Competitors to Watch, Australia, 2023~ Automotive Aftermarket: Business Models in the EV Aftermarket, Australia, 2023~ |
Podcast | No |
WIP Number | PFP5-01-00-00-00 |