Europe Automotive Aftermarket to Grow at a CAGR of 3.1% (2017-2025)


Posted March 8, 2019 by Steveblade

Europe automotive aftermarket industry is by large dominated by Germany acquiring 45.0% market share in 2017. Eastern Europe is witnessed to be the fastest growing automotive aftermarket at a CAGR of 7.3% during the forecast period.

 
As per Goldstein Research analysis, Europe automotive aftermarket is anticipated to be valued at USD 241.0billion by 2025, expanding at a CAGR of 3.1% over the forecast period, 2017-2025. The improvement in the average age of a vehicle in Europe is one of the leading factor in the growth of the market. Based on the after-market products and services segmentation, the wear-and-tear parts segment holds largest market share i.e. 59.0% in 2017 and it is followed by services segment which tends to grow at a CAGR of +7% over the forecast period (2017-2025).
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Market Segmentation
On the basis of our in-depth analysis, Europe Automotive Aftermarket Industry can be segmented as follows:
By After Market Products and Services Type
• Wear-and-Tear Parts
• Crash-Relevant Parts
• Accessories and Appearance Products
• Diagnostics Products
• Services (Fleet Management etc.)
By End Users Type
• Service Providers (Telematics, Fleet Management etc.)
• Independent Workshops
• Automotive OEM Workshop
By Distribution Channels
• Offline Distribution Channel
• Online Distribution Channel
By Countries
• The U.K. Automotive Aftermarket Industry Analysis, 2017-2025
• Germany Automotive Aftermarket Industry Analysis, 2017-2025
• France Automotive Aftermarket Industry Analysis, 2017-2025
• Italy Automotive Aftermarket Industry Analysis, 2017-2025
• Spain Automotive Aftermarket Industry Analysis, 2017-2025
• Poland Automotive Aftermarket Industry Analysis, 2017-2025
• Sweden Automotive Aftermarket Industry Analysis, 2017-2025
• Russia Automotive Aftermarket Industry Analysis, 2017-2025
• Rest Of Europe Automotive Aftermarket Industry Analysis, 2017-2025
Europe Automotive Aftermarket report by Goldstein Research contains a detailed overview of the Europe automotive aftermarket industry. The report encompasses the competitive outlook of major players that summarises the business strategies, revenue distribution, product portfolio, financial analysis, R&D activities, and investments. The comprehensive analysis of the automotive aftermarket industry report helps the clients to assess their business strategies as per the competitive environment in the market space.
Major players of the Europe automotive aftermarket industry discussed in the report are 3M, Continental AG, Delphi Automotive PLC, Denso Corporation, Federal-Mogul Corporation, MagnetiMarelliS.p.A., Goodyear Tire & Rubber Company, ZF Friedrichshafen AG, COOPER TIRE & RUBBER COMPANY, Robert Bosch GmbH, etc.
Further, Europe Automotive Aftermarket Industry Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Automotive Aftermarket Industry outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis, and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
Browse Full Report: https://www.goldsteinresearch.com/report/europe-automotive-aftermarket-industry-trends-size
About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the industry, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.
Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.
Our analysts working on automotive industry analysis report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current industry scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
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Categories Automotive , Business , Research
Tags europe automotive aftermarket
Last Updated March 8, 2019