Learn about the global passenger car aftermarket market through The Business Research Company, which provides information on passenger car aftermarket market size, passenger car aftermarket market drivers and restraints, passenger car aftermarket market players, the COVID-19 impact on the passenger car aftermarket market, and more.

The global passenger car after market size is expected to grow from $216.18 billion in 2021 to $226.33 billion in 2022 at a compound annual growth rate (CAGR) of 4.7%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The passenger car aftermarket market is expected to reach $289.37 billion in 2026 at a CAGR of 5.3%.

Increasing average lifespan of a car is one of the major drivers of the passenger car aftermarket as it leads to an increase in consumer’s regular maintenance and scheduled servicing of the vehicle.

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The passenger car aftermarket market consists of sales of passenger car aftermarket parts and services. Companies operating in the passenger car aftermarket (parts and services) provide manufacturing, remanufacturing, distribution, retailing, and installation of replacement vehicle parts, equipment, service repair, and automotive accessories. The market includes the sales of the tires, batteries, brakes parts, filters, lightings, and electronic components.

Global Passenger Car Aftermarket Market Segments Include:
By Type: Tires, Battery, Brake Parts, Filters, Body Parts, Lighting, Wheels, Exhaust Components, Turbochargers, Others
By Distribution Channel: Retailers (OEMs, Repair Shops), Wholesalers and Distributors
By Certifications: Genuine Parts, Certified Parts, Uncertified Parts
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The passenger car aftermarket market is using 3D printing technology also called as Additive Manufacturing (AM) to make high-quality off-the-shelf car parts using 3D printers that are capable of printing in metals and alloys. 3D printing works by making a virtual 2D object in the software and constructing the 3D framework by using the printer. The use of 3D printing in producing automobile parts increases the efficiency and raises the production standards of the companies.

TBRC’s passenger car aftermarket market report covers:

Major Market Players: Denso Corporation, Robert Bosch Gmbh, Continental AG, 3M company, Delphi Automotive PLC., ZF friedrichshafen AG, Magneti Marelli S.p.A, Cooper tire & Rubber Company, Federal -Mogul Corporation, Goodyear tire & rubber company, Aisin Seiki Co, Valeo; Sumitomo Electric Industries Ltd, Aptiv PLC, MAHLE GmbH, Schaeffler AG, ACDelco, Mobileye, Eaton, Schaeffler Technologies AG, Lear Corporation, Yazaki Corp, Akebono Brake Corporation, American Axle & Manufacturing, Bridgestone Corporation, Gates Corporation, Hyundai Mobis Co. Ltd, Kumho Tires, Exide Technologies and Pirelli & C. S.p.A.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Passenger Cars After Market Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides passenger car aftermarket market overviews, analyses and forecasts market size, share, passenger car aftermarket market players, passenger car aftermarket market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s passenger car aftermarket market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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