AFTERMARKET AUTOMOTIVE PARTS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025-2032)

Global Aftermarket Automotive Parts Market Size and Share Analysis – Growth Trends and Forecasts (2025-2032)

Global aftermarket automotive parts market is estimated to be valued at USD 502.61 Bn in 2025 and is expected to reach USD 756.25 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 6.0% from 2025 to 2032.

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Key Takeaways

• In terms of Product Type, Engine Components Segment is estimated to contribute the highest market share of 27.4% in 2025. This is due to its critical role engines play in automobiles.
• In terms of Vehicle Type, Passenger Cars Segment is estimated to contribute the highest market share of 59% in 2025. This is due to their widespread adoption.
• In terms of Sales Channel, Offline Channel Segment is estimated to contribute the highest market share of 65.2% in 2025. This is due to certain distinctive advantages.
• North America has established itself as the dominant region in the global aftermarket automotive parts market with an estimated market share of 37.6% in 2025. This is due to strong presence of leading automotive brands and car maintenance shops.

Market Overview

Global aftermarket automotive parts market can witness significant growth over the forecast period due to factors like increasing vehicle parc, rising demand for replacement parts and greater focus of OEMs and independent distributors to maintain and enhance aftermarket network and supply chain. Growing trend of do-it-yourself (DIY) automotive repairs coupled with rising availability of instructional and repair videos over internet can boost demand for individual aftermarket parts such as engine parts, drive transmission and steering parts among others.

In 2024, AutoZone, one of the largest aftermarket automotive parts retailers, reported a 4.6% year-over-year revenue increase, totaling $3.86 billion, exceeding Wall Street expectations. A major contributor to this growth was increased sales to DIY customers, who are increasingly maintaining and repairing their own vehicles due to high dealership repair costs and greater access to instructional.

Current Events and Its Impact on Aftermarket Automotive Parts Industry

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Pricing Analysis

Pricing in the aftermarket automotive parts industry in 2024 is set by various significant considerations including part type, segment (vehicle), brand (independent or OEM), channel, and local market conditions. The prices of aftermarket products vary significantly based on whether the parts are original equipment manufacturer (OEM), aftermarket branded, or generic/unbranded alternatives.

The OEM components are the most expensive, typically 30–50% higher than their respective aftermarket equivalents in terms of assured compatibility, brand reputation, and warranty services. One good example is a generic OEM brake pad set for a middle-segment sedan, which would have a price range of $120–$180, while comparable aftermarket versions range from $60–$100. Similarly, engine air filters can be retailed at $20–$35 for OEM versus $10–$20 for aftermarket products.

Independent brands gained popularity by offering quality at lower cost, typically 20–40% less than OEM parts without compromising much on performance. Independent brands take advantage of e-commerce and global supply chains to enable competitive pricing. White-label or generic items are the cheapest with mostly being wanted by DIY users where low cost is more important than long life.

Online retailers have also altered price dynamics. Websites such as Amazon, Rock Auto, and AutoZone allow comparison shopping and discounting, often reducing consumer prices by 10–25% compared with brick-and-mortar stores.

Regional pricing is affected by import tariffs, logistics, and local demand as well. Products in North America, for example, may be cost-competitive due to scale, while developing markets may be more expensive due to less local production.

Role of Emerging Technologies in Aftermarket Automotive Parts Market

Emerging technologies are revolutionizing the aftermarket automotive parts market to a significant degree by improving product quality, distribution speed, and customer experience. During 2024, trends on digital platforms, manufacturing, and materials are driving growth and transforming the manner in which parts are being designed, sourced, and installed.

Digitalization is the main motivator, with online shopping platforms and mobile applications providing consumers and repair centers alike with easy access to an extremely vast variety of components. Mechanisms like AI recommendation systems allow buyers to choose the exact replacement component for their vehicle's make, model, and year, reducing mistakes and returns. Additionally, augmented reality (AR) apps assist DIY enthusiasts by putting assembly instructions on their vehicle themselves, building confidence, and reducing labor costs.

From the manufacturing end, additive manufacturing and 3D printing are making on-demand manufacturing of low-quantity or intricate parts possible. This reduces the cost of holding inventory and allows faster turnaround time, especially for older or exotic cars where parts are no longer being produced in quantity.

Common materials used in aftermarket automotive parts such as high-strength alloys, composites, and intelligent polymers are being applied in aftermarket parts to achieve or exceed OEM performance and durability standards. These also allow for higher part life and vehicle efficiency.

Supply chain innovations with blockchain and IoT (Internet of Things) increase traceability and proof of authenticity, helping to reverse the onslaught of counterfeit parts—a global concern for the aftermarket market.

High technologies are shaping the aftermarket car parts market through improved access, customization, product quality, and transparency. They make both buyers and service providers more empowered and enable vehicle maintenance to be made more efficient, reliable, and convenient.

Market Concentration and Competitive Landscape

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Market Driver

• Rising demand for customization and performance enhancement

The automotive aftermarket industry has witnessed substantial growth due to rising consumer desire to customize and enhance the performance of their vehicles. With availability of a wide variety of aftermarket components that provide a unique style and driving experience, customers are willing to experiment and personalize their vehicles as per their preferences.

In 2024, Japan’s renowned tuning specialist HKS joined forces with BMW tuner Studie AG to launch HKSTUDIE, a dedicated performance brand for BMW sports cars. Their enhanced parts lineup includes high-performance exhaust systems, precision coil over suspensions, and ECU tuning packages engineered to deliver marked gains in power, handling, and driving dynamics.

Especially for sports and luxury vehicles, aftermarket parts play a pivotal role in allowing custom body kits, exhaust systems, cosmetic accessories, large brakes and wheels, upgraded suspensions and transmissions components, and others which help customers extract the maximum performance benchmarks from their cars. Brands like BMW, Audi, Mercedes, Ford and Chevrolet have especially strong cult followings among auto enthusiasts who like to push the limits of their vehicles.

This has opened up a huge market for specialty component makers and custom shops catering to these aficionados. Even regular sedan models witness do-it-yourself installation of basic cosmetic parts and improved filter and lubricant systems.

• Technological advancements in aftermarket parts

With the advent of widely accessible vehicle diagnostics tools, advance driver assistance systems, mobile-based part locators and artificial intelligence, purchasing decisions around replacement and upgrade parts have become simpler yet nuanced for buyers.

Diagnostic scanners provide mechanics and do-it-yourself enthusiasts, ability to pinpoint issues precisely, thus, reducing misdiagnosis of issues and ensuring right parts are replaced. Plug-and-play chips that reprogram engine operation have enhanced efficiency and power outputs while tamer driver aids like intelligent cruises control have boosted safety and comfort. Furthermore, electric vehicles being a fast-emerging segment have opened opportunities for novel battery management systems, efficient motors and personalized infotainment solutions.

In March 2024, Injen Technology introduced a new exhaust system for the Toyota Tacoma and a throttle controller for select models. Additionally, in January, they launched intake and exhaust solutions for Kia Stinger and Hyundai Veloster N models.

E-commerce platforms act as an efficient virtual marketplace where customers can research comprehensive component specifications, read reviews from other owners and have products delivered directly. AI assist by recommending personalized fitment combinations based on driving patterns.  As the mechanical and digital realms converge, exciting new opportunities for performance upgrades, data-driven maintenance, and customizable in-vehicle experiences are rapidly emerging.

This shift is highlighting both established industry players and startups with their innovative offerings. The Role of technology in aftermarket parts development include product innovation cycle will be vital in driving global demand for aftermarket parts in the future.

Opportunity: Expansion of e-commerce platforms for aftermarket parts sales

Global aftermarket automotive parts market can witness growth opportunities due to rising popularity of e-commerce platforms for parts sales. More customers now prefer purchasing auto accessories and replacement parts online due to the convenience offered as compared to traditional brick-and-mortar retailers. E-commerce retailers have a wider selection and can offer competitive prices due to lower overhead costs.

Several leading aftermarket parts manufacturers are heavily investing in developing their own online stores and ensuring seamless purchase experience. Major third-party e-commerce portals expand their automotive product categories, and this helps customers to easily compare prices and specifications online before deciding on a purchase. The growth of online retail channels will allow aftermarket parts brands to access more customers globally and increase product reach in a cost-effective manner.

Segmental Insights

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Aftermarket Automotive Parts Market Insights, By Product Type

In terms of product type, engine components segment is estimated to contribute the highest market share of 27.4% in 2025, owing to critical role engines play in automobiles. Engine components such as engine mounts, engine valves, sensors, belts, and cylinders endure significant wear and tear due to continuous usage. This necessitates frequent replacements and repairs.

Modern engines have become more complex with the adoption of technologies like direct fuel injection and turbochargers, leading to higher component failure rates. Older vehicles require more routine repairs and replacements of engine parts that are susceptible to breakdowns from extended usage.

Moreover, factors such as rising vehicular pollution levels have prompted stringent emission standards, necessitating advanced engine technologies and components that perform optimally for longer. This growing complexity and lifecycle usage boosts demand for engine components within the aftermarket. Engine problems pose a high risk of stalling vehicles and hindering mobility.

Aftermarket Automotive Parts Market Insights, By Vehicle Type

In terms of vehicle type, passenger cars segment is estimated to contribute the highest market share of 59% in 2025, owing to their widespread adoption. Passenger vehicles have become an integral part of daily commuting and transportation needs for both personal and commercial purposes. Their large volumes on roads translate to higher wear and tear of parts through intensive usage patterns.

Passenger car owners tend to be prone to periodic repairs and part replacements due to considerations such as maintaining vehicle performance, safety, and resale value. Their use across diverse terrains and road conditions also accelerates deterioration. The ubiquity of passenger cars and the culture of regular upkeep boosts demand for aftermarket parts.

For instance, in November 2022, Delphi Technologies, a prominent manufacturer of fuel delivery parts, launched the Sparta fuel pump line that is specifically designed for older, high-mileage vehicles. This new product line aims to provide revenue opportunities for distributors and customers by targeting a specific segment of the aftermarket focused on older vehicles. The Sparta line adds 21 new parts, covering approximately 4.9 million vehicles in operation in the U.S. and nearly 347,000 in Canada, enhancing Delphi's comprehensive portfolio in the automotive sector.

Aftermarket Automotive Parts Market Insights, By Sales Channel

In terms of sales channel, offline channel segment is estimated to contribute the highest market share of 65.2% in 2025, due to certain distinctive advantages. Physical shops enable customers to directly inspect available parts, consult experts to aid part selection, and obtain instant gratification. This tactile experience boosts confidence in quality. Rural areas and developing markets still rely heavily on proximity to local shops for reliable access to spare parts. The staff at offline stores also provide valuable advice on installation and resolve other issues.

Furthermore, certain crucial replacements require specialized tools and skills for fitting that are readily available at physical outlets. Transporting or returning parts also poses less hassle when purchased offline. While online channel is growing, the omnipresent network, personalized service benefits and need for urgent repairs continue favoring the popularity of offline sales channels for aftermarket automotive parts.

Global Aftermarket Automotive Parts Market - Regional Insights

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North America Aftermarket Automotive Parts Market Analysis and Trends

North America has established itself as the dominant region in the global aftermarket automotive parts market with an estimated market share of 37.6% in 2025, due to strong presence of leading automotive brands and car maintenance shops.

The U.S. is home to big auto parts manufacturers who cater to both domestic as well as international markets. North American parts and components meet stringent quality standards and specifications set by automakers known for their reliability and performance. With one of the highest vehicles parc, there will be huge demand for replacement parts in the region.

Asia Pacific Aftermarket Automotive Parts Market Analysis and Trends

Asia Pacific region is emerging as the fastest growing market for aftermarket automotive parts globally. China witness growth due to factors such as rising vehicle ownership, increasing miles clocked and average age of vehicles. Moreover, the presence of key global automakers and their supplier ecosystem strengthen the region's market growth.

Affordable pricing of auto parts in Asia Pacific enables greater accessibility. Countries like India and ASEAN nations witness growth in sales of replacement car parts and accessories due to growing road infrastructure and mileage. The aftermarket automotive parts market is flourishing, further, stimulating the requirement for fixes and maintenance. Vast size and growth prospects make Asia Pacific an attractive market for both domestic as well as global aftermarket automotive parts suppliers.

Aftermarket Automotive Parts Market – Dominating Countries

United States Aftermarket Automotive Parts Market Analysis and Trend

The United States leads the global aftermarket automotive parts market due to its huge vehicle parc, established repair network, and strong DIY culture for vehicle upkeep. Major e-commerce sites and massive retail chains like AutoZone and Advance Auto Parts have easy availability of aftermarket components to both consumers and workshops.

China Aftermarket Automotive Parts Market Analysis and Trend

China's rapidly expanding vehicle parc and increasing vehicle age are propelling good demand for replacement parts. The country is experiencing both original equipment manufacturer and independent aftermarkets segments, supported by robust industrial base and policies promoting domestic manufacturing and supply chain enhancement.

Germany Aftermarket Automotive Parts Market Analysis and Trend

Germany dominates the European aftermarket with a focus on luxury vehicles and high-grade components. The country's advanced automotive industry and stringent standards of quality guarantee demand for reliable, performance-oriented replacement parts, especially for luxury brands like BMW, Audi, and Mercedes-Benz.

Japan Aftermarket Automotive Parts Market Analysis and Trend

Japan's old market and aged fleet of vehicles support stable aftermarket parts demand. Japanese vehicle manufacturers have been driven by high customer quality and innovation expectations to emphasize hardy and technologically advanced replacement parts, particularly for compact and hybrid vehicles.

India Aftermarket Automotive Parts Market Analysis and Trend

India is emerging as a key player in the aftermarket as it is also going to have an expanding pool of vehicles, increasing disposable incomes, and enhanced consumer awareness of vehicle maintenance. The growing development of organized retail and online channels is also fueling the growth of the aftermarket in the country.

Market Report Scope

Aftermarket Automotive Parts Market Industry News

• At the 2024 AAPEX and SEMA shows, ZF Aftermarket emphasized its focus on sustainability and innovation, with more than 500 new TRW brake hose part numbers and a variety of remanufactured components—in steering gears, air compressors, and ECUs. Reman parts are available at OE-level quality for about one-third the price, and lower carbon footprint through material reuse (60– 90% recycled).
• In May 2025, Advance Auto Parts reported stronger-than-anticipated Q1 revenue of $2.58 billion, fueled by eight consecutive weeks of Pro channel growth. The company reaffirmed its full-year estimate ($8.4–8.6 billion in sales) amid still-present tariffs, which have motivated consumers to keep existing vehicles instead of buying new ones.

Key Takeaways from Analyst

• Global aftermarket automotive parts market growth is driven by rising vehicle parc worldwide. Increasing average age of vehicles globally works in favor of parts replacement needing to be done more frequently.
• Rising preference of new vehicles over repairing older vehicles can hamper the market growth. As disposable incomes rises, consumers increasingly opt to purchase new vehicles rather than spend on repairs. Aftermarket parts also face competition from Original Equipment Manufacturers who offer discounted parts for older vehicles.
• Among region, North America is expected to dominate the global aftermarket automotive parts market due to massive and growing vehicle parc in large countries such as U.S. and Canada. The high percentage of older vehicles plying on roads in the region can boost the need for replacement of parts extensively. Meanwhile, countries in Asia Pacific will witness moderate growth as the vehicle ages remain higher in these mature markets. 

Market Segmentation

• By Product Type Insights (Revenue, USD Bn, 2020 - 2032)
• Engine Components
• Electrical Parts
• Suspension and Steering Parts
• Brake Parts
• Exhaust Parts
• Others
• By Vehicle Type Insights (Revenue, USD Bn, 2020 - 2032)
• Passenger Cars
• Commercial Vehicles
• Two-Wheelers
• By Sales Channel Insights (Revenue, USD Bn, 2020 - 2032)
• Offline
• Online
• By Regional Insights (Revenue, USD Bn, 2020 - 2032)
• North America
• U.S.
• Canada
• Latin America
• Brazil
• Argentina
• Mexico
• Rest of Latin America
• Europe
• Germany
• U.K.
• Spain
• France
• Italy
• Russia
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East
• GCC Countries
• Israel
• Rest of Middle East
• Africa
• South Africa
• North Africa
• Central Africa
• Key Players Insights
• Aisin Seiki Co.
• AutoZone, Inc.
• Bridgestone Corporation
• Continental AG
• Denso Corporation
• Faurecia
• Goodyear Tire and Rubber Company
• Hyundai Mobis
• Lear Corporation
• Magneti Marelli
• Robert Bosch GmbH
• Tenneco
• Valeo SA
• ZF Friedrichshafen AG
• 3M Company

Sources

Primary Research Interviews

• Automotive aftermarket parts manufacturers and suppliers
• E-commerce platform operators and online marketplace owners
• Automotive service centers and repair shop owners
• Independent automotive dealers and distributors
• Others

Databases

• IBISWorld Industry Reports Database
• Euromonitor International Passport Database
• Others

Magazines

• Automotive Aftermarket Magazine
• Auto Parts Report Magazine
• Motor Age Magazine
• Aftermarket Business World Magazine
• Others

Journals

• International Journal of Automotive Technology
• Journal of Automotive Parts and Systems
• Automotive Industries Research Journal
• Others

Newspapers

• Automotive News
• The Wall Street Journal (Automotive Section)
• Financial Times (Automotive Industry Coverage)
• Bloomberg Automotive Reports
• Others

Associations

• Automotive Aftermarket Suppliers Association (AASA)
• Motor & Equipment Manufacturers Association (MEMA)
• Automotive Parts Manufacturers' Association (APMA)
• Global Automotive Aftermarket Suppliers Association (GAASA)
• Others

Public Domain Sources

• U.S. Department of Transportation Statistics
• European Automobile Manufacturers Association (ACEA) Reports
• International Organization of Motor Vehicle Manufacturers (OICA) Data
• National Highway Traffic Safety Administration (NHTSA) Reports
• Others

Proprietary Elements

• CMI Data Analytics Tool
• Proprietary CMI Existing Repository of information for last 8 years