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U.S. Automotive Aftermarket 2025 Share | Latest Regions, Revenue, Drivers, Trends and Influence Factors

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Rahul Sharma
U.S. Automotive Aftermarket 2025 Share | Latest Regions, Revenue, Drivers, Trends and Influence Factors

The U.S. Automotive Aftermarket size is projected to touch USD 86.2 billion by the year 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 1.8% through the forecast period of 2019-2025. The market is anticipated to grow because of rising adaption of automotive technologies like safety and exhaust technologies along with several other aspects that influence vehicular performance. The market is anticipated to grow owing to introduction of metals and new chemicals that provide weight reduction and cost-effectiveness in automobiles. Additionally, the rising vehicle age and vehicle parts in the U.S. are anticipated to propel the demand for replacing parts, therefore, driving the growth of the market in the country.

 

Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/us-automotive-aftermarket-industry/request-sample

 

Market Synopsis of U.S. Automotive Aftermarket:

 

Increasing disposable income of consumers in the U.S. is positively impacting the sales outlook of passenger cars. The growing sales of passenger cars is directly proportional to the rising demand for aftermarket parts. Further, factors like rising adaption of modern lifestyle and developing infrastructure are contributing in propelling the growth of the market. Huge investments in R&D by automakers and advancement of technology are anticipated to propel the demand for heavy commercial vehicles. As a result of which, there would be rise in demand for products like tires, wheels, towing and several other miscellaneous accessories, thus driving the growth of the market in the coming years.

 

Efforts are taken by manufacturers to make these aftermarket products available in required quantities and improving quality of recycled products are driving the demand for alternate parts like engines, transmissions, door assemblies, metal sheet products like light assemblies, fenders, hoods, trunk lids, and bumpers. Additionally, controlling and maintaining a large inventory along with wide distribution network is allowing them to retain high fulfillment rates, which also drives the sales of alternative parts. However, rising adoption of electric and hybrid vehicles is having a negative impact on the market, mainly on exhaust components. As a consequence of which, there’s a constant threat of alternatives for aftermarket parts over the forecast period.

 

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/us-automotive-aftermarket-industry

 

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 U.S. Automotive Aftermarket: Market Variables, Trends & Scope               

Chapter 4 U.S. Automotive Aftermarket: Product Estimates & Trend Analysis

Chapter 5 U.S. Automotive Aftermarket: Application Estimates & Trend Analysis

Chapter 6 U.S. Automotive Aftermarket: End-use Estimates & Trend Analysis

Chapter 7 U.S. Automotive Aftermarket: Industrial End-use Estimates & Trend Analysis

Chapter 8 U.S. Automotive Aftermarket: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 U.S. Automotive Aftermarket: Manufacturers Company Profiles

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