Automotive Aftermarket in China

December 2024 | 46 pages | ID: AB3A3FEDE43EN
MarketLine

Abstracts

Automotive Aftermarket in China

Summary

Automotive Aftermarket in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• Automotive aftermarket includes the sales of automotive components for use on vehicles after first purchase. Market value is calculated in terms of retail selling price (RSP) including all taxes and levies. Market volume refers to each individual aftermarket component, such as wiper blades or brake calipers, considered as a separate unit. The scope includes components sold through fast fits, auto centres, garages, tyre specialists, vehicle manufacturer networks, petrol stations, hypermarkets, crash repair centres/body shops, online sales, parts & accessories stores, and others. Both internal combustion engines and electric vehicles are considered in our scope. Our analysis encompasses both passenger cars and light commercial vehicles.
• The Chinese automotive aftermarket sector recorded revenue of $142 billion in 2023, representing a compound annual growth rate (CAGR) of 4.0% between 2018 and 2023.
• Sector consumption volume increased with a CAGR of 5.6% between 2018 and 2023, to reach a total of 2,977.5 million units in 2023.
• China holds the largest automotive aftermarket in the Asia-Pacific region, capturing a significant 46.6% share in 2023.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the automotive aftermarket market in China
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive aftermarket market in China
• Leading company profiles reveal details of key automotive aftermarket market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the China automotive aftermarket market with five year forecasts

Reasons to Buy

• What was the size of the China automotive aftermarket market by value in 2023?
• What will be the size of the China automotive aftermarket market in 2028?
• What factors are affecting the strength of competition in the China automotive aftermarket market?
• How has the market performed over the last five years?
• Who are the top competitors in China's automotive aftermarket market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value
3.2. Market volume

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast
5.2. Market volume forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What are the recent developments in the sector?

8 COMPANY PROFILES

8.1. SAIC Motor Corp Ltd
8.2. Denso Corp
8.3. Robert Bosch GmbH
8.4. Zhejiang Geely Holding Group Co Ltd

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine