The automotive aftermarket was valued at $438.70 billion in 2021, and is estimated to reach $828.2 billion by 2031, growing at a CAGR of 6.2% from 2022 to 2031.Drivers, Restraints, and Opportunities Rise in automotive post sale services, strict government regulations for replacement or upgrade of vehicle components, and surge in trend of vehicle customization drive the …
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Automotive AfterMarket : Third Party Vendors to Grow at CAGR 6.6% from 2021-2031
The global automotive aftermarket was valued at $438.70 billion in 2021, and is estimated to reach $828.2 billion by 2031, growing at a CAGR of 6.2% from 2022 to 2031. Automotive AfterMarket by Application (Infotainment and Multimedia, Engine Component, Tires and Wheels, Electrical Products, Seat and Steering Covers, Others), by Distribution (OEM, Third Party Vendors), …
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