automotive aftermarket

Automotive Aftermarket research report provides detailed insights on the growth prospects of the market across global. The report analyses the competitiveness based on several factors by applications, by geography, by region and key vendors.

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21 Aug 2024  |  Global

Automotive Digital Key Sector, Europe and North America, 2024 2030

Disruptive UWB Technology, Rising Consumer Demand for Smartphone Integration, and Innovative Sharing Models are Driving Transformational Growth by Addressing Customer Needs in the Connected Vehicle Era

The traditional car key is on its way to becoming a thing of the past, likely confined to the glove compartment. In Europe and North America, the automotive digital key market is rapidly expanding, driven by consumer demand for seamless, secure, digitally integrated interfaces and technologically advanced car access experiences. Additionally, digit...

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07 Aug 2024  |  North America

DaaS Business Models in the Automotive Sector, NA & EU5, 2023 2030

DaaS is Experiencing Transformational Growth due to Collision Centers and EV Battery Diagnostics

Diagnostics-as-a-Service (DaaS) is a new, growing business model seeing widespread acceptance in auto diagnostics. After years of improvement and innovation in R&D, DaaS players have created unique solutions to help all segments of automotive repair workshops on vehicle diagnostics. Though many key players have been around for more than 10 years, t...

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31 Jul 2024  |  Global

IoT Start-up Tracker: Automotive Digital Services Growth Opportunities

Connected Cars as a Key Use Case for Internet of Things Driving Digital Services Opportunities

The revenue of automotive original equipment manufacturers still relies mainly on selling vehicles, and additional drive-centric business models must not affect its core competency. Frost & Sullivan s start-up tracker helps ecosystem participants identify solution providers with offerings that address industry challenges. The start-up tracker pr...

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30 Jul 2024  |  Global

Chinese Tier 1 Automotive Suppliers Market, Global, 2024 2030

Connected, Autonomous, and Electric Vehicles are Driving Transformational Growth and Globalization of Suppliers by 2030

Like most industries in 2024, technological advances, shifting consumer preferences, and regulatory changes are transforming the global automotive industry. Frost & Sullivan s analysis shows that Chinese Tier 1 suppliers have emerged as pivotal players in this dynamic environment, leveraging their technological capabilities and innovative prowess t...

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23 Jul 2024  |  Global

OE Suppliers CASE Strategies for the Automotive Aftermarket, North America, Europe, and China, 2023 2030

The Automotive Aftermarket is Experiencing Transformational Growth by Focusing on Digital and Electrification Retrofitting Solutions due to Investment Flow and Strategic Collaborations for EV, Connected Car, and Autonomous Vehicle Technologies

This study examines key original equipment (OE) suppliers' aftermarket strategies in the rapidly evolving automotive connected, autonomous, shared, and electric (CASE) domain. Spanning Europe (including the 27 European Union countries and the United Kingdom), North America (the United States and Canada), and China, the focus is on 2023 to 2030. The...

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02 Jul 2024  |  Global

Caribbean and Central American Automotive Outlook, 2024

Chinese OEMs Entry into the Industry and the Growing Electric Vehicle Adoption Indicate about a 50% Unit Sales Growth between 2021 and 2024, Followed by another 20% by 2030 to Surpass 300,000 Combined Unit Sales in the Key Countries

This Frost & Sullivan outlook analyzes the automotive industry in select Central American and Caribbean countries, including Panama, Jamaica, Trinidad and Tobago, Costa Rica, the Dominican Republic, Guatemala, El Salvador, and Honduras. It provides historical sales data for each of the countries from 2020, and forecast data runs through to 2030. Th...

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13 Jun 2024  |  Global

Top 50 Predictions for the Global Automotive Market in 2024

In 2024, the Automotive Market will Experience a 1.3% Increase in Global Sales of Light Vehicles, with the Top 5 Markets Accounting for 65% of All New Light Vehicles

Frost & Sullivan s Business Strategy and Innovation Group specializes in research about current events, disruptive technologies, emerging trends, new forms of mobility, and megatrends influencing the mobility landscape. This report presents Frost & Sullivan s Top 50 predictions on the trends that will drive the global mobility industry in 2024. ...

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11 Jun 2024  |  Global

Global Automotive Aftermarket Outlook, 2024

Rising Vehicle Ages, a Growing Average Annual Mileage, and an Expanding Vehicle Population Promise a Healthy Outlook in the Short Term

In this research service, Frost & Sullivan has assessed the automotive aftermarket's performance for 2023 and identified various trends that influence demand for replacement parts, repairs, and maintenance. It has also examined qualitative and quantitative industry features. The study period is 2023 2028, with 2023 as the base year and 2024 2028...

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24 May 2024  |  Global

Global Automotive Outlook and Growth Opportunities, 2024

OEM Integration and Generative AI will Ensure Greater Connectivity and Digitalization Despite Labor Shortage and Price Pressure

In 2023, the global light vehicle industry experienced a 6.5% growth, driven by economic recovery and resolved semiconductor chip supply chain challenges. China, the United States, India, Japan, and Germany experienced positive growth. China took the lead with 11% YoY growth in vehicles sold. Of the 14.1 million EVs sold in 2023, 70% were BEVs. ...

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14 May 2024  |  Global

Frost Radar : Automotive Cybersecurity, 2024

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

This Frost Radar highlights 7 leading companies in the automotive cybersecurity sector that are actively engaged in advancing cybersecurity solutions for original equipment manufacturers (OEMs) and Tier 1 suppliers in the automotive industry. The Radar assesses the key cybersecurity specialist companies such as Argus Cyber Security, Upstream S...

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02 May 2024  |  Global

Growth Opportunities in the Automotive Insurance First Notice of Loss and Accident Detection and Response Industry, 2024 2030

Technological Advances, More Connected Vehicles, and Insurance Digitization will Propel Market Expansion while Prioritizing Risk Management and Enhancing Consumer Satisfaction

Insurance is a vital safety net that protects individuals against the financial blowback of accidents by covering vehicle repairs, medical expenses, and potential liabilities. The automotive industry s increasing digitization has brought significant changes to automotive insurance. First notice of loss (FNOL) and digital accident detection and resp...

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02 May 2024  |  Global

Growth Opportunities in the North American Automotive Audio Sector, 2023 2030

Software-Defined Upgrades Will Adapt to the Transformative Megatrends of Connected, Autonomous, Shared, and Electric Vehicles

The automotive industry continues to enrich consumer convenience and the in-vehicle experience. A major contributor is advancements in audio technology: speakers, acoustics, and applications. This analysis provides insights on audio technology and component roadmap, current offerings and forecasts, key tier players showcasing revolutio...

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10 Apr 2024  |  Asia Pacific

Chinese Automotive Growth Opportunities, Outlook for 2024

Huawei s Cross-industry Partnerships Will Strengthen Electric Vehicle Industry Integration

This study discusses the automotive industry in China, with a focus on passenger vehicles, including sedans, sports utility vehicles, multi-purpose vehicles, and crossover vehicles. The study also assesses the country s electric vehicle (EV), charging, and battery swapping infrastructure. In recent years, the strongest growth factors in the Chin...

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10 Apr 2024  |  North America

Frost & Sullivan's 2024 ASEAN Automotive Growth Outlook

Electrification Presents Attractive Growth Opportunities

This analysis assesses the automotive industry in Association of Southeast Asian Nations (ASEAN) countries and focuses on the 5 main markets (Indonesia, Malaysia, the Philippines, Thailand, and Vietnam). The project covers PVs and pickups. Pickups are the most used and popular CVs in various geographies and industries, including agriculture, in the...

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04 Apr 2024  |  North America

Latin America Automotive Industry Outlook 2024

Connected and Electrified Vehicles, New Business Models, and Increasing Competition Enable Growth Opportunities

The Latin American automotive industry maintains its rising trend despite the severe effects of COVID-19 on local economies, international conflicts, inflation, exchange rates, and difficulties arising from credit accessibility. With 4.8 million units sold in 2023, the Latin American automotive industry will likely grow 8.2% in 2024. However, th...

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01 Apr 2024  |  Global

Strategic Profiling of Rivian Automotive

A Niche Player Focused on Driving Growth Opportunities through Visionary Perspective, Technology Strategy, and Geographic Expansion

The automotive industry s transition toward more sustainable transportation is driving the exponential growth of electric vehicle (EV) sales volumes, transformative technology-driven solutions, global coverage, and vertical integration. Leading automotive OEMs, including Ford and General Motors, are accelerating the rollout of EV offerings, while n...

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29 Mar 2024  |  North America

Growth Opportunities for Private Label Programs in the Automotive Aftermarket, 2024 2030

Suppliers and Distributors Likely to Transition to New Business Models with a Digital-first Strategy Centered on Sustainability and Accessible Price Points

This research delves into the private labeling in the automotive component industry, focusing on passenger vehicle and light truck classes 1 3 in North America and classes A F (multi-purpose vehicles, sports utility vehicles, vans, pick-ups) in Europe with a focus on imports from best cost country (BCC) markets in Asia. Using a base year of 2023, t...

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28 Mar 2024  |  North America

Growth Opportunities for eRetailing in the Automotive Aftermarket

Emergence of the Online Channel in Mainstream Aftermarket to Catalyze Omnichannel Parts and Services Sales Globally

The automotive aftermarket parts trade is undergoing an evolution, largely influenced by the adoption of digital technologies. By 2030, approximately $153 billion in parts and accessories will be sold from the online channel worldwide, which represents significant penetration in most regional markets. Frost & Sullivan has been conducting research o...

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22 Jan 2024  |  South Asia, Middle East & North Africa

Growth Opportunities in the GCC Automotive Aftermarket

Growth of Online Retailers and Service Aggregators and the Rise in Sales of New and Used Cars will Ensure Greater ROI & Margin

This research examines the quantitative and qualitative aspects of the light vehicle aftermarket industry in the Gulf Cooperation Council (GCC) by assessing industry performance and identifying the many trends that have an impact on the demand for aftermarket parts, repair, and maintenance. The research delves into a comprehensive examination of th...

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22 Dec 2023  |  North America

US Automotive Technicians Choice Survey, 2022

Snap-on Remains the Dominant Brand across All Product Lines

This survey of automotive aftermarket vehicle service technicians tool choices was conducted in 2022 using a computer-assisted telephone interview methodology. In total, 400 automotive technicians were surveyed for this research. To qualify as a respondent, a technician had to be working at least 32 hours per week and physically working on vehicle...

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