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Global Automotive Aftermarket Outlook, 2022

  • Report
  • 106 Pages
  • June 2022
  • Region: Global
  • Frost & Sullivan
  • ID: 5339290

Aging Vehicle Population Will Be a Primary Driver for Replacement Demand in the Aftermarket

The automotive aftermarket 2022 outlook report examines the qualitative and quantitative aspects of the automotive aftermarket in 2021 by evaluating its performance and identifying the various trends that impacted demand for replacement parts, repair, and maintenance, particularly in the aftermath of the COVID-19 outbreak in 2020. It does an in-depth assessment of the various trends and key business models expected to influence automotive aftermarket performance and demand in 2022.

The trends complement information on the market revenues of major parts categories and customer ownership behavior and identify major opportunity areas for industry stakeholders. The global study covers leading automotive aftermarkets in North America (Canada, United States), Europe, Latin America, China, and India.

Table of Contents

1. Strategic Imperatives
Why Is It Increasingly Difficult To Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Automotive Aftermarket
Growth Opportunities Fuel the Growth Pipeline Engine™
2. Growth Environment
2021 Global Automotive Aftermarket - Actuals vs Forecast
Replacement Revenue Forecast for Parts and Accessories
2021 in Numbers
2021 in Trends
2022 in Numbers
2022 in Trends
3. Research Scope
Research Scope
Vehicle Segmentation
Market Segmentation by Region
4. 2022 Global Economic Outlook
Top 5 Global Economic Highlights of 2021
Top 5 Global Economic Predictions for 2022
Global GDP Growth
2022 Scenario Analysis - Quarterly Global Growth
2022 Scenario Analysis - Assumptions
2022 Global GDP Growth Snapshot
Advanced Economies - Predictions for 2022
Emerging Market Economies - Predictions for 2022
Top 5 Global Predictions for 2022 - Macroeconomic Policies and Developments
2022 Growth Opportunities - Top 3 Opportunities by Region
2022 Regional Trends - Risks and Policy Direction
5. Global Automotive Aftermarket Outlook, 2022
Global Light Vehicles in Operation
Global Aftermarket Revenue Market Size Potential
Growth Opportunity by Country
Average Vehicle Age
Average Vehicle Miles Traveled
Aftermarket Implications from the Russo-Ukrainian Conflict
Trend 1: Digitization Across the Customer Journey in the Automotive Aftermarket - Parts and Services
Trend 2: Electrification and Downstream Opportunities
Trend 3: Evolution of Incumbents and Their Influence on Spare Parts and Service Ordering
Trend 4: Connectivity Enabling Legacy and Emerging Service Providers to Deliver After-sales Services
Trend 5: Workshop in Focus for Future Readiness
OEM Activity in 2021
eCommerce Activity in 2021
eCommerce Activity in 2021 (continued)
OEM/Supplier Activity in 2021
M&As, MoUs, and Partnerships in 2021
Policy and Regulation Changes in 2021
Policy and Regulation Changes in 2021 (continued)
6. North America Automotive Aftermarket Outlook, 2022
Regional Outlook - United States
Regional Outlook - Canada
North American Aftermarket Dashboard
Aftermarket Outlook - Replacement Revenue by Parts Type
VIO Ownership Pattern
VIO Model Mix
Automotive Aftermarket Opportunity Areas
7. Europe Automotive Aftermarket Outlook, 2022
Regional Outlook - Europe
European Aftermarket Dashboard
Aftermarket Outlook - Replacement Revenue by Parts Type
VIO Model Mix
VIO Ownership Pattern
Automotive Aftermarket Opportunity Areas
8. China Automotive Aftermarket Outlook, 2022
Regional Outlook - China
China Aftermarket Dashboard
Aftermarket Outlook - Replacement Revenue by Parts Type
VIO Ownership Pattern
VIO Model Mix
Automotive Aftermarket Opportunity Areas
9. India Automotive Aftermarket Outlook, 2022
Regional Outlook - India
Indian Aftermarket Dashboard
Aftermarket Outlook - Replacement Revenue by Parts Type
VIO Ownership Pattern
VIO Model Mix
Automotive Aftermarket Opportunity Areas
10. Latin America Automotive Aftermarket Outlook, 2022
Regional Outlook - Latin America
Latin American Aftermarket Dashboard
Aftermarket Outlook - Replacement Revenue by Parts Type
VIO Ownership Pattern
VIO Model Mix
Automotive Aftermarket Opportunity Areas
11. Growth Opportunity Universe
Growth Opportunity 1 - Mobile Vehicle Services
Growth Opportunity 2 - Digitalization of Parts Sales
Growth Opportunity 3 - Demand from Alternative Powertrain Vehicles
12. Key Conclusions
Key Conclusions and Outlook
List of Exhibits
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