GITNUX MARKETDATA REPORT 2024

Automotive Aftermarket Industry Statistics [Fresh Research]

Statistic 1

"The global automotive aftermarket industry is expected to reach USD 519.2 billion by 2027, at a CAGR of 4.0%."

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Statistic 2

"In 2021, the U.S. automotive parts aftermarket sales were about USD 324 billion."

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Statistic 3

"There were approximately 4.3 billion motor vehicles in operation worldwide by the end of Q2 2021."

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Statistic 4

"The average age of a passenger car on the road in the United States is 11.8 years."

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Statistic 5

"China is expected to become the largest automotive aftermarket market in the world by 2029."

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Statistic 6

"In the U.S., 70% of aftermarket auto parts were produced domestically as of 2021."

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Statistic 7

"Mexico’s automotive aftermarket experienced an annual growth rate of 11% in 2019."

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Statistic 8

"Europe’s automotive aftermarket is projected to expand at a CAGR of 3.1% between 2020 and 2030."

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Statistic 9

"The global market for automotive filters is expected to reach USD 25.75 billion by 2028, with a CAGR of 3.1%."

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Statistic 10

"The global automotive battery market is forecast to reach USD 92.85 billion by 2026, with a 9.7% CAGR."

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Statistic 11

"In 2020, there were around 204,795 automotive part-related establishments in the United States."

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Statistic 12

"Around 40% of car parts and accessories searches on Amazon are made using voice search in the US."

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Statistic 13

"In 2021, the average accessory sales per new vehicle sold in the U.S. were approximately USD 805."

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Statistic 14

"In 2018, the Indian automotive aftermarket industry was estimated to be around USD 10.1 billion."

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Statistic 15

"The Canadian automotive aftermarket industry accounted for roughly CAD 22.3 billion in 2021."

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Statistic 16

"The Latin America automotive aftermarket industry is expected to reach USD 76.2 billion by 2026."

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