Global EV Aftermarket Industry Growth and Trends Forecast to 2031

February 2025 | 104 pages | ID: G8A09F16E429EN
APO Research

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Summary

According to APO Research, The global EV Aftermarket market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.

North American market for EV Aftermarket is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for EV Aftermarket is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Europe market for EV Aftermarket is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

The major global companies of EV Aftermarket include Denso, Bridgestone, Michelin, Bosch, Zhongsheng Group, Yongda Group, Tenneco, O'Reilly Auto Parts and Monro, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for EV Aftermarket, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding EV Aftermarket.

The EV Aftermarket market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global EV Aftermarket market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, gross margin by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

EV Aftermarket Segment by Company
  • Denso
  • Bridgestone
  • Michelin
  • Bosch
  • Zhongsheng Group
  • Yongda Group
  • Tenneco
  • O'Reilly Auto Parts
  • Monro
  • Goodyear
  • Genuine Parts Company
  • Driven Brands
  • Delphi
  • Continental
EV Aftermarket Segment by Type
  • Wear and Tear Parts
  • Crash Relevant Parts
  • Maintenance Service
  • Diagnostics Products and Service
  • Tire Service
  • Other
EV Aftermarket Segment by Application
  • BEVs
  • PHEVs and HEVs
EV Aftermarket Segment by Region
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Russia
    • Spain
    • Netherlands
    • Switzerland
    • Sweden
    • Poland
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Taiwan
    • Southeast Asia
  • South America
    • Brazil
    • Argentina
    • Chile
    • Colombia
  • Middle East & Africa
    • Egypt
    • South Africa
    • Israel
    • Tьrkiye
    • GCC Countries
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global EV Aftermarket market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of EV Aftermarket and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of EV Aftermarket.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2020-2025, 2026-2031). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 3: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 5: Detailed analysis of EV Aftermarket companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, revenue by country.

Chapter 12: Concluding Insights of the report
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
1.3 Global EV Aftermarket Market Size Overview by Region 2020 VS 2024 VS 2031
1.4 Global EV Aftermarket Market Size by Region (2020-2031)
  1.4.1 Global EV Aftermarket Market Size by Region (2020-2025)
  1.4.2 Global EV Aftermarket Market Size by Region (2026-2031)
1.5 Key Regions EV Aftermarket Market Size (2020-2031)
  1.5.1 North America EV Aftermarket Market Size Growth Rate (2020-2031)
  1.5.2 Europe EV Aftermarket Market Size Growth Rate (2020-2031)
  1.5.3 Asia-Pacific EV Aftermarket Market Size Growth Rate (2020-2031)
  1.5.4 South America EV Aftermarket Market Size Growth Rate (2020-2031)
  1.5.5 Middle East & Africa EV Aftermarket Market Size Growth Rate (2020-2031)

2 EV AFTERMARKET MARKET BY TYPE

2.1 Type Introduction
  2.1.1 Wear and Tear Parts
  2.1.2 Crash Relevant Parts
  2.1.3 Maintenance Service
  2.1.4 Diagnostics Products and Service
  2.1.5 Tire Service
  2.1.6 Other
2.2 Global EV Aftermarket Market Size by Type
  2.2.1 Global EV Aftermarket Market Size Overview by Type (2020-2031)
  2.2.2 Global EV Aftermarket Historic Market Size Review by Type (2020-2025)
  2.2.3 Global EV Aftermarket Market Size Forecasted by Type (2026-2031)
2.3 Global EV Aftermarket Market Size by Regions
  2.3.1 North America EV Aftermarket Market Size Breakdown by Type (2020-2025)
  2.3.2 Europe EV Aftermarket Market Size Breakdown by Type (2020-2025)
  2.3.3 Asia-Pacific EV Aftermarket Market Size Breakdown by Type (2020-2025)
  2.3.4 South America EV Aftermarket Market Size Breakdown by Type (2020-2025)
  2.3.5 Middle East and Africa EV Aftermarket Market Size Breakdown by Type (2020-2025)

3 EV AFTERMARKET MARKET BY APPLICATION

3.1 Type Introduction
  3.1.1 BEVs
  3.1.2 PHEVs and HEVs
3.2 Global EV Aftermarket Market Size by Application
  3.2.1 Global EV Aftermarket Market Size Overview by Application (2020-2031)
  3.2.2 Global EV Aftermarket Historic Market Size Review by Application (2020-2025)
  3.2.3 Global EV Aftermarket Market Size Forecasted by Application (2026-2031)
3.3 Global EV Aftermarket Market Size by Regions
  3.3.1 North America EV Aftermarket Market Size Breakdown by Application (2020-2025)
  3.3.2 Europe EV Aftermarket Market Size Breakdown by Application (2020-2025)
  3.3.3 Asia-Pacific EV Aftermarket Market Size Breakdown by Application (2020-2025)
  3.3.4 South America EV Aftermarket Market Size Breakdown by Application (2020-2025)
  3.3.5 Middle East and Africa EV Aftermarket Market Size Breakdown by Application (2020-2025)

4 GLOBAL MARKET DYNAMICS

4.1 EV Aftermarket Industry Trends
4.2 EV Aftermarket Industry Drivers
4.3 EV Aftermarket Industry Opportunities and Challenges
4.4 EV Aftermarket Industry Restraints

5 COMPETITIVE INSIGHTS BY COMPANY

5.1 Global Top Players by EV Aftermarket Revenue (2020-2025)
5.2 Global EV Aftermarket Industry Company Ranking, 2023 VS 2024 VS 2025
5.3 Global EV Aftermarket Key Company Headquarters & Area Served
5.4 Global EV Aftermarket Company, Product Type & Application
5.5 Global EV Aftermarket Company Commercialization Time
5.6 Market Competitive Analysis
  5.6.1 Global EV Aftermarket Market CR5 and HHI
  5.6.2 Global Top 5 and 10 EV Aftermarket Players Market Share by Revenue in 2024
  5.6.3 2024 EV Aftermarket Tier 1, Tier 2, and Tier

6 COMPANY PROFILES

6.1 Denso
  6.1.1 Denso Comapny Information
  6.1.2 Denso Business Overview
  6.1.3 Denso EV Aftermarket Revenue, Global Share and Gross Margin (2020-2025)
  6.1.4 Denso EV Aftermarket Product Portfolio
  6.1.5 Denso Recent Developments
6.2 Bridgestone
  6.2.1 Bridgestone Comapny Information
  6.2.2 Bridgestone Business Overview
  6.2.3 Bridgestone EV Aftermarket Revenue, Global Share and Gross Margin (2020-2025)
  6.2.4 Bridgestone EV Aftermarket Product Portfolio
  6.2.5 Bridgestone Recent Developments
6.3 Michelin
  6.3.1 Michelin Comapny Information
  6.3.2 Michelin Business Overview
  6.3.3 Michelin EV Aftermarket Revenue, Global Share and Gross Margin (2020-2025)
  6.3.4 Michelin EV Aftermarket Product Portfolio
  6.3.5 Michelin Recent Developments
6.4 Bosch
  6.4.1 Bosch Comapny Information
  6.4.2 Bosch Business Overview
  6.4.3 Bosch EV Aftermarket Revenue, Global Share and Gross Margin (2020-2025)
  6.4.4 Bosch EV Aftermarket Product Portfolio
  6.4.5 Bosch Recent Developments
6.5 Zhongsheng Group
  6.5.1 Zhongsheng Group Comapny Information
  6.5.2 Zhongsheng Group Business Overview
  6.5.3 Zhongsheng Group EV Aftermarket Revenue, Global Share and Gross Margin (2020-2025)
  6.5.4 Zhongsheng Group EV Aftermarket Product Portfolio
  6.5.5 Zhongsheng Group Recent Developments
6.6 Yongda Group
  6.6.1 Yongda Group Comapny Information
  6.6.2 Yongda Group Business Overview
  6.6.3 Yongda Group EV Aftermarket Revenue, Global Share and Gross Margin (2020-2025)
  6.6.4 Yongda Group EV Aftermarket Product Portfolio
  6.6.5 Yongda Group Recent Developments
6.7 Tenneco
  6.7.1 Tenneco Comapny Information
  6.7.2 Tenneco Business Overview
  6.7.3 Tenneco EV Aftermarket Revenue, Global Share and Gross Margin (2020-2025)
  6.7.4 Tenneco EV Aftermarket Product Portfolio
  6.7.5 Tenneco Recent Developments
6.8 O'Reilly Auto Parts
  6.8.1 O'Reilly Auto Parts Comapny Information
  6.8.2 O'Reilly Auto Parts Business Overview
  6.8.3 O'Reilly Auto Parts EV Aftermarket Revenue, Global Share and Gross Margin (2020-2025)
  6.8.4 O'Reilly Auto Parts EV Aftermarket Product Portfolio
  6.8.5 O'Reilly Auto Parts Recent Developments
6.9 Monro
  6.9.1 Monro Comapny Information
  6.9.2 Monro Business Overview
  6.9.3 Monro EV Aftermarket Revenue, Global Share and Gross Margin (2020-2025)
  6.9.4 Monro EV Aftermarket Product Portfolio
  6.9.5 Monro Recent Developments
6.10 Goodyear
  6.10.1 Goodyear Comapny Information
  6.10.2 Goodyear Business Overview
  6.10.3 Goodyear EV Aftermarket Revenue, Global Share and Gross Margin (2020-2025)
  6.10.4 Goodyear EV Aftermarket Product Portfolio
  6.10.5 Goodyear Recent Developments
6.11 Genuine Parts Company
  6.11.1 Genuine Parts Company Comapny Information
  6.11.2 Genuine Parts Company Business Overview
  6.11.3 Genuine Parts Company EV Aftermarket Revenue, Global Share and Gross Margin (2020-2025)
  6.11.4 Genuine Parts Company EV Aftermarket Product Portfolio
  6.11.5 Genuine Parts Company Recent Developments
6.12 Driven Brands
  6.12.1 Driven Brands Comapny Information
  6.12.2 Driven Brands Business Overview
  6.12.3 Driven Brands EV Aftermarket Revenue, Global Share and Gross Margin (2020-2025)
  6.12.4 Driven Brands EV Aftermarket Product Portfolio
  6.12.5 Driven Brands Recent Developments
6.13 Delphi
  6.13.1 Delphi Comapny Information
  6.13.2 Delphi Business Overview
  6.13.3 Delphi EV Aftermarket Revenue, Global Share and Gross Margin (2020-2025)
  6.13.4 Delphi EV Aftermarket Product Portfolio
  6.13.5 Delphi Recent Developments
6.14 Continental
  6.14.1 Continental Comapny Information
  6.14.2 Continental Business Overview
  6.14.3 Continental EV Aftermarket Revenue, Global Share and Gross Margin (2020-2025)
  6.14.4 Continental EV Aftermarket Product Portfolio
  6.14.5 Continental Recent Developments

7 NORTH AMERICA

7.1 North America EV Aftermarket Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.2 North America EV Aftermarket Market Size by Country (2020-2025)
7.3 North America EV Aftermarket Market Size Forecast by Country (2026-2031)

8 EUROPE

8.1 Europe EV Aftermarket Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.2 Europe EV Aftermarket Market Size by Country (2020-2025)
8.3 Europe EV Aftermarket Market Size Forecast by Country (2026-2031)

9 ASIA-PACIFIC

9.1 Asia-Pacific EV Aftermarket Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.2 Asia-Pacific EV Aftermarket Market Size by Country (2020-2025)
9.3 Asia-Pacific EV Aftermarket Market Size Forecast by Country (2026-2031)

10 SOUTH AMERICA

10.1 South America EV Aftermarket Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.2 South America EV Aftermarket Market Size by Country (2020-2025)
10.3 South America EV Aftermarket Market Size Forecast by Country (2026-2031)

11 MIDDLE EAST & AFRICA

11.1 Middle East & Africa EV Aftermarket Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.2 Middle East & Africa EV Aftermarket Market Size by Country (2020-2025)
11.3 Middle East & Africa EV Aftermarket Market Size Forecast by Country (2026-2031)

12 CONCLUDING INSIGHTS

13 APPENDIX

13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
  13.5.1 Secondary Sources
  13.5.2 Primary Sources


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