The secondary market that is focused on parts, services and accessories for EVs after their initial sale is known as the Electric Vehicle (EV) aftermarket. Globally the EV adoption is rising which helps to boost the aftermarket to transform for fulfilling the unique needs of electric vehicles that offer various opportunities in specialized maintenance, repair, and upgrades.
This market is basically driven by rising adoption of EV, consumer awareness, and technological advancements in the EV segment. Increasing demand for sustainable solutions to repurpose EV batteries for energy storage systems and recycling to recover valuable materials like lithium, cobalt, and nickel are the emerging trends of this market. Moreover, use of IoT-enabled diagnostics and AI for predictive maintenance and performance monitoring and on-demand repair and maintenance services that come to the customer’s location.
Furthermore development of quieter, longer-lasting tires with low rolling resistance, rapid expansion of the EV fleet across the globe, focus on sustainability and eco-friendly solutions, rise in battery-related services and upgrades and government incentives for EV adoption is driving the growth of this market.
Global Electric Vehicle Aftermarket will at 0.21 Billion by 2030, and it is anticipated to grow at a CAGR of 19.87% during the forecast period (2025-2030)
The research report offers a thorough overview of the global market for Electric Vehicle Aftermarket and insightful analysis on segmentation, dynamics, competition, and regional growth. The report's predictions are supported by recognized research methodologies and presumptions and look at specific strategies, then vendor profiles for the market.
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The latest global Electric Vehicle Aftermarket report answers the following question
Which geographical areas will continue to be the most lucrative for companies in the global Electric Vehicle Aftermarket?
Which circumstances during the assessment period will cause a shift in the demand for the Electric Vehicle Aftermarket?
How will the market be impacted by evolving trends?
Which businesses are dominating the Electric Vehicle Aftermarket sector?
What successful tactics do market participants use to strengthen their positions in this environment?
'Competitive Insight' section of this report provides a comprehensive study for readers to get a thorough overview of the market's competitive landscape, challenges and opportunities for entrants to survive and for leading market players to participate in the growth plan.
Top players in the market are:
Tesla
Robert Bosch GmbH
Schaeffler AG
Delphi Technologies
Magna International
BorgWarner
Continental AG
ZF Friedrichshafen AG
Michelin AISIN Corporation
DENSO Corporation
GUD Holdings Limited
HELLA GmbH & Co. KGaA
Kavo B.V.
Marelli Holdings Co., Ltd.
Veoneer
T Sportline, Inc.
Bridgestone Corporation
The Yokohama Rubber Co., Ltd.
Akebono Brake Industry Co., Ltd.
NTN Corporation
Tenneco Inc.
Latest News & Updates:-
Industry Collaboration: Across the EV industry, companies are working together to provide a more seamless aftermarket experience for EV owners.
Charging Infrastructure Investment: Companies are investing in expanding the charging network, including fast-charging stations, to meet the needs of the growing number of EVs on the road.
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Market segment analysis
The Segments of the Report are classified as Replacement Part, Propulsion Type, Vehicle Type, Certification Type, Distribution channel, Geography and factors dominating the market and impacting the market growth plan during the forecast period.
Replacement Part Insight and Forecast 2025-2030
Tire
Battery
Brake parts
Filters
Body parts
Lighting and electronic components
Wheels
Turbocharges
Others
Propulsion Type Insight and Forecast 2025-2030
Battery Electric Vehicles
Hybrid Electric Vehicles
Fuel Cell Electric Vehicles
Plug-in Hybrid Electric Vehicles
Vehicle Type Insight and Forecast 2025-2030
Passenger Cars
Commercial vehicles
Certification Type Insight and Forecast 2025-2030
Genuine parts
Certified parts
Uncertified parts
Distribution channel Insight and Forecast 2025-2030
Authorized Service Centers (OEMs)
Premium Multi-brand Service Centers
Digital Aggregators
Others
Market Forecast Overview:
Methodology: Analyzes historical data, trends, and expert opinions using statistical modeling to forecast future growth.
Market factors: Consider macroeconomics, competition, and regional dynamics.
Market dynamics: Analyzes drivers, constraints, historical trends, and challenges to inform future forecasts.
Report benefits: Offers a comprehensive overview, competitive insights, and actionable guidance for informed decision-making.
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