DUBLIN–(BUSINESS WIRE)–The report “US Automotive Aftermarket: Insights & Forecast with Potential Impact of COVID-19 (2022-2026)” has been added to from ResearchAndMarkets.com offer.
The automotive aftermarket in the United States is expected to register a value of US$464.9 billion in 2026, growing at a CAGR of 3.08%, for the duration from 2022 to 2026.
Factors such as growth in automobile production, upsurge in used car sales, rising number of smartphone users, accelerating electric vehicle sales and rapid urbanization would drive the growth of the market .
However, the growth of the market would be challenged by the expansion of ride-sharing services and the increase in fraud in the secondary market. A few notable trends may include the growth in the average age of vehicles, the expansion of car dealerships into online platforms, and the launch of new and advanced car accessories.
The automotive aftermarket in the United States is growing tremendously, due to the presence of a well-established automotive industry. The automotive industry aftermarket includes automotive services and aftermarket companies.
Favorable government policies, regulations and subsidies in the United States are driving the demand for electric vehicles, leading to the increasing use of lightweight auto parts in the production of electric vehicles to increase efficiency, which is likely to support the growth of the US automotive aftermarket in the coming years. years.
Major players operating in the automotive aftermarket in the United States include 3M Company, Lear Corporation, AutoZone, O’Reilly Auto Parts, Advance Auto Parts, and Cooper Tire & Rubber Company. The strong competition in the market has encouraged key players to gain a competitive advantage by focusing on offering high quality products.
With the increasing price competitiveness in the US market, various companies are challenged to come up with innovative offerings to help consumers cope with changing technologies at an economical price, which ultimately contributes to market growth.
Main topics covered:
1.2 Aftermarket OEM/OES Value Chain
1.3 Top Ten Automotive Aftermarket Trends
1.4 The future development direction of automobile industry
1.5 Automotive Aftermarket Distribution Channels
2. Impact of COVID-19
2.1 Fall in motor vehicle sales
2.2 Drop in consumer spending
2.3 Impact on car dealerships
3. Analysis of the American market
3.1 The US automotive aftermarket by value
3.2 United States Automotive Aftermarket Forecast by Value
3.3 The US automotive specialty equipment market by value
3.4 The US Automotive Specialty Equipment Market Forecast by Value
3.5 U.S. Automotive Specialty Equipment Market by Product Type
3.5.1 The United States Automotive Accessories and Appearance Products Market by Value
3.5.2 The US Automotive Accessories and Appearance Products Market Forecast by Value
3.5.3 The US Automotive Performance Products Market by Value
3.5.4 US Automotive Performance Products Market Forecast by Value
3.5.5 US Wheels, Tires and Suspension Market by Value
3.5.6 The US Wheels, Tires and Suspension Market Forecast by Value]
3.6 United States auto parts exports by value
3.7 USA Automotive Parts Export Forecast by Value
3.8 United States Automotive Parts Import by Value
3.9 United States Automotive Parts Import Forecast by Value
3.10 United States Automotive Parts Import by Regions
3.10.1 The value of US auto parts imports from Mexico
3.10.2 The value of US auto parts imports from Canada
3.10.3 The value of US auto parts imports from Japan
3.10.4 The value of US auto parts imports from China
3.10.5 The value of US auto parts imports from Germany
3.10.6 The value of US auto parts imports from Korea
3.10.7 The value of US auto parts imports from Thailand
3.10.8 The value of United States auto parts imports from Taiwan
3.10.9 The value of US auto parts imports from Vietnam
3.10.10 The value of US auto parts imports from Italy
4. Market dynamics
4.1 Drivers of growth
4.1.1 Automotive Production Growth
4.1.2 Increase in used car sales
4.1.3 Increase in number of smartphone users
4.1.4 Electric vehicle sales acceleration
4.1.5 Rapid urbanization
4.2 Key Trends and Developments
4.2.1 Growth in the average age of vehicles
4.2.2 Expansion of car dealerships on online platforms
4.2.3 Launch of new and advanced auto accessories
4.3.1 Expansion of ride-sharing services
4.3.2 Increase in Fraudulent Products
5. Company Profiles
O’Reilly Auto Parts
Advanced auto parts
Cooper Tire & Rubber Company
For more information about this report visit https://www.researchandmarkets.com/r/lgdlde