Wholesale And Distribution Automotive Aftermarket Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032

The Business Research Company’s Wholesale And Distribution Automotive Aftermarket Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032

LONDON, GREATER LONDON, UK, November 2, 2023 /EINPresswire.com/ -- The global wholesale and distribution automotive aftermarket market, valued at $212.33 billion in 2022, is projected to reach $225.27 billion in 2023, showcasing a compound annual growth rate (CAGR) of 6.1%. Anticipated to continue its steady growth, the market is expected to achieve a valuation of $274.59 billion by 2027, with a CAGR of 5.1%. This expansion is primarily attributed to the burgeoning automotive industry and the increasing digitalization of automotive repair and maintenance services.

Segmentation and Key Market Players
•Replacement Part: Tire, Battery, Brake parts, Filters, Body Parts, Lighting and Electronic Components, Wheels, Exhaust Components, Other Replacement Parts
•Certification: Genuine Parts, Certified Parts, Uncertified Parts
•Distribution Channel: Retailers, Wholesalers, Distributors

Key players in the wholesale and distribution automotive aftermarket, including 3M Company, Continental AG, and Denso Corporation, are actively contributing to the industry's growth through innovative product offerings and strategic partnerships.

Get an overview of the global wholesale and distribution automotive aftermarket through the sample report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7218&type=smp

Integration of Digital Platforms Enhancing Service Offerings

The wholesale and distribution automotive aftermarket is witnessing a significant trend toward the digitalization of repair and maintenance services. Market participants are increasingly leveraging online platforms to provide comprehensive product information, installation guidance, troubleshooting support, and digital tools for product selection, such as electronic catalogs and video libraries for tutorials and product showcases. For instance, MAHLE Aftermarket Inc. introduced an eCatalog in September 2021, empowering customers, distributors, and technicians to access product information and make informed purchasing decisions. This digital platform offers a user-friendly interface, enabling users to search for products based on vehicle application, specialty area, and vehicle type, thereby streamlining the product selection process.

Regional Analysis and Projected Market Growth

With North America emerging as the largest region in the wholesale and distribution automotive aftermarket in 2022, Asia-Pacific is poised to exhibit the highest growth rate during the forecast period. The comprehensive market analysis delves into regional dynamics and market trends across Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, providing valuable insights for industry stakeholders and market participants.

Gain comprehensive insights into the global wholesale and distribution automotive aftermarket with the complete report:
https://www.thebusinessresearchcompany.com/report/wholesale-and-distribution-automotive-aftermarket-global-market-report

Wholesale and Distribution Automotive Aftermarket Global Market Report 2023 from TBRC covers the following information:
•Market size date for the forecast period: Historical and Future
•Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
•Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.

The Wholesale and Distribution Automotive Aftermarket Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on wholesale and distribution automotive aftermarket market size, wholesale and distribution automotive aftermarket market drivers and trends, wholesale and distribution automotive aftermarket market major players, competitors' revenues, market positioning, and market growth across geographies. The wholesale and distribution automotive aftermarket market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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