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Luxury Automotive Aftermarkets-Global Market Insights and Sales Trends 2025
Synopsis
Automotive Aftermarket is the secondary market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories. Luxury Automotive Aftermarket is a service specifically targeted at high-end luxury car brands. The competition in the luxury car market is becoming increasingly fierce. For high-end brands, providing refined after-sales service is one of the keys to differentiated competition.
The global Luxury Automotive Aftermarkets market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Luxury Automotive Aftermarkets in various end use industries. The expanding demands from the Passenger Vehicles, Light Commercial Vehicles (LCVs) and Heavy Commercial Vehicles (HCVs),, are propelling Luxury Automotive Aftermarkets market. Wear and Tear Parts, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Crash Relevant Parts segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Luxury Automotive Aftermarkets, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Luxury Automotive Aftermarkets market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Luxury Automotive Aftermarkets market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Luxury Automotive Aftermarkets sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Luxury Automotive Aftermarkets covered in this report include BMW, Volkswagen Group, General Motors, TOYOTA, Hyundai Motor Group, Daimler AG, Ford Motor Company, Honda Motor Company, Ltd and Nissan Motor Company Ltd, etc.
The global Luxury Automotive Aftermarkets market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BMW
Volkswagen Group
General Motors
TOYOTA
Hyundai Motor Group
Daimler AG
Ford Motor Company
Honda Motor Company, Ltd
Nissan Motor Company Ltd
Volvo Cars
Porsche AG
Jaguar
Maserati
Global Luxury Automotive Aftermarkets market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Luxury Automotive Aftermarkets market, Segment by Type:
Wear and Tear Parts
Crash Relevant Parts
Diagnostic Parts
Accessories
Other
Global Luxury Automotive Aftermarkets market, by Application
Passenger Vehicles
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (HCVs)
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Luxury Automotive Aftermarkets companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: 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 Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Automotive Aftermarket is the secondary market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories. Luxury Automotive Aftermarket is a service specifically targeted at high-end luxury car brands. The competition in the luxury car market is becoming increasingly fierce. For high-end brands, providing refined after-sales service is one of the keys to differentiated competition.
The global Luxury Automotive Aftermarkets market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Luxury Automotive Aftermarkets in various end use industries. The expanding demands from the Passenger Vehicles, Light Commercial Vehicles (LCVs) and Heavy Commercial Vehicles (HCVs),, are propelling Luxury Automotive Aftermarkets market. Wear and Tear Parts, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Crash Relevant Parts segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Luxury Automotive Aftermarkets, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Luxury Automotive Aftermarkets market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Luxury Automotive Aftermarkets market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Luxury Automotive Aftermarkets sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Luxury Automotive Aftermarkets covered in this report include BMW, Volkswagen Group, General Motors, TOYOTA, Hyundai Motor Group, Daimler AG, Ford Motor Company, Honda Motor Company, Ltd and Nissan Motor Company Ltd, etc.
The global Luxury Automotive Aftermarkets market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BMW
Volkswagen Group
General Motors
TOYOTA
Hyundai Motor Group
Daimler AG
Ford Motor Company
Honda Motor Company, Ltd
Nissan Motor Company Ltd
Volvo Cars
Porsche AG
Jaguar
Maserati
Global Luxury Automotive Aftermarkets market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Luxury Automotive Aftermarkets market, Segment by Type:
Wear and Tear Parts
Crash Relevant Parts
Diagnostic Parts
Accessories
Other
Global Luxury Automotive Aftermarkets market, by Application
Passenger Vehicles
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (HCVs)
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Luxury Automotive Aftermarkets companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: 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 Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Luxury Automotive Aftermarkets
1.1 Luxury Automotive Aftermarkets Market Overview
1.1.1 Luxury Automotive Aftermarkets Product Scope
1.1.2 Luxury Automotive Aftermarkets Market Status and Outlook
1.2 Global Luxury Automotive Aftermarkets Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Luxury Automotive Aftermarkets Market Size by Region (2018-2029)
1.4 Global Luxury Automotive Aftermarkets Historic Market Size by Region (2018-2023)
1.5 Global Luxury Automotive Aftermarkets Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Luxury Automotive Aftermarkets Market Size (2018-2029)
1.6.1 North America Luxury Automotive Aftermarkets Market Size (2018-2029)
1.6.2 Europe Luxury Automotive Aftermarkets Market Size (2018-2029)
1.6.3 Asia-Pacific Luxury Automotive Aftermarkets Market Size (2018-2029)
1.6.4 Latin America Luxury Automotive Aftermarkets Market Size (2018-2029)
1.6.5 Middle East & Africa Luxury Automotive Aftermarkets Market Size (2018-2029)
2 Luxury Automotive Aftermarkets Market by Type
2.1 Introduction
2.1.1 Wear and Tear Parts
2.1.2 Crash Relevant Parts
2.1.3 Diagnostic Parts
2.1.4 Accessories
2.1.5 Other
2.2 Global Luxury Automotive Aftermarkets Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Luxury Automotive Aftermarkets Historic Market Size by Type (2018-2023)
2.2.2 Global Luxury Automotive Aftermarkets Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Luxury Automotive Aftermarkets Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Luxury Automotive Aftermarkets Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Luxury Automotive Aftermarkets Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Luxury Automotive Aftermarkets Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Luxury Automotive Aftermarkets Revenue Breakdown by Type (2018-2029)
3 Luxury Automotive Aftermarkets Market Overview by Application
3.1 Introduction
3.1.1 Passenger Vehicles
3.1.2 Light Commercial Vehicles (LCVs)
3.1.3 Heavy Commercial Vehicles (HCVs)
3.2 Global Luxury Automotive Aftermarkets Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Luxury Automotive Aftermarkets Historic Market Size by Application (2018-2023)
3.2.2 Global Luxury Automotive Aftermarkets Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Luxury Automotive Aftermarkets Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Luxury Automotive Aftermarkets Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Luxury Automotive Aftermarkets Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Luxury Automotive Aftermarkets Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Luxury Automotive Aftermarkets Revenue Breakdown by Application (2018-2029)
4 Luxury Automotive Aftermarkets Competition Analysis by Players
4.1 Global Luxury Automotive Aftermarkets Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Luxury Automotive Aftermarkets as of 2022)
4.3 Date of Key Players Enter into Luxury Automotive Aftermarkets Market
4.4 Global Top Players Luxury Automotive Aftermarkets Headquarters and Area Served
4.5 Key Players Luxury Automotive Aftermarkets Product Solution and Service
4.6 Competitive Status
4.6.1 Luxury Automotive Aftermarkets Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 BMW
5.1.1 BMW Profile
5.1.2 BMW Main Business
5.1.3 BMW Luxury Automotive Aftermarkets Products, Services and Solutions
5.1.4 BMW Luxury Automotive Aftermarkets Revenue (US$ Million) & (2018-2023)
5.1.5 BMW Recent Developments
5.2 Volkswagen Group
5.2.1 Volkswagen Group Profile
5.2.2 Volkswagen Group Main Business
5.2.3 Volkswagen Group Luxury Automotive Aftermarkets Products, Services and Solutions
5.2.4 Volkswagen Group Luxury Automotive Aftermarkets Revenue (US$ Million) & (2018-2023)
5.2.5 Volkswagen Group Recent Developments
5.3 General Motors
5.3.1 General Motors Profile
5.3.2 General Motors Main Business
5.3.3 General Motors Luxury Automotive Aftermarkets Products, Services and Solutions
5.3.4 General Motors Luxury Automotive Aftermarkets Revenue (US$ Million) & (2018-2023)
5.3.5 TOYOTA Recent Developments
5.4 TOYOTA
5.4.1 TOYOTA Profile
5.4.2 TOYOTA Main Business
5.4.3 TOYOTA Luxury Automotive Aftermarkets Products, Services and Solutions
5.4.4 TOYOTA Luxury Automotive Aftermarkets Revenue (US$ Million) & (2018-2023)
5.4.5 TOYOTA Recent Developments
5.5 Hyundai Motor Group
5.5.1 Hyundai Motor Group Profile
5.5.2 Hyundai Motor Group Main Business
5.5.3 Hyundai Motor Group Luxury Automotive Aftermarkets Products, Services and Solutions
5.5.4 Hyundai Motor Group Luxury Automotive Aftermarkets Revenue (US$ Million) & (2018-2023)
5.5.5 Hyundai Motor Group Recent Developments
5.6 Daimler AG
5.6.1 Daimler AG Profile
5.6.2 Daimler AG Main Business
5.6.3 Daimler AG Luxury Automotive Aftermarkets Products, Services and Solutions
5.6.4 Daimler AG Luxury Automotive Aftermarkets Revenue (US$ Million) & (2018-2023)
5.6.5 Daimler AG Recent Developments
5.7 Ford Motor Company
5.7.1 Ford Motor Company Profile
5.7.2 Ford Motor Company Main Business
5.7.3 Ford Motor Company Luxury Automotive Aftermarkets Products, Services and Solutions
5.7.4 Ford Motor Company Luxury Automotive Aftermarkets Revenue (US$ Million) & (2018-2023)
5.7.5 Ford Motor Company Recent Developments
5.8 Honda Motor Company, Ltd
5.8.1 Honda Motor Company, Ltd Profile
5.8.2 Honda Motor Company, Ltd Main Business
5.8.3 Honda Motor Company, Ltd Luxury Automotive Aftermarkets Products, Services and Solutions
5.8.4 Honda Motor Company, Ltd Luxury Automotive Aftermarkets Revenue (US$ Million) & (2018-2023)
5.8.5 Honda Motor Company, Ltd Recent Developments
5.9 Nissan Motor Company Ltd
5.9.1 Nissan Motor Company Ltd Profile
5.9.2 Nissan Motor Company Ltd Main Business
5.9.3 Nissan Motor Company Ltd Luxury Automotive Aftermarkets Products, Services and Solutions
5.9.4 Nissan Motor Company Ltd Luxury Automotive Aftermarkets Revenue (US$ Million) & (2018-2023)
5.9.5 Nissan Motor Company Ltd Recent Developments
5.10 Volvo Cars
5.10.1 Volvo Cars Profile
5.10.2 Volvo Cars Main Business
5.10.3 Volvo Cars Luxury Automotive Aftermarkets Products, Services and Solutions
5.10.4 Volvo Cars Luxury Automotive Aftermarkets Revenue (US$ Million) & (2018-2023)
5.10.5 Volvo Cars Recent Developments
5.11 Porsche AG
5.11.1 Porsche AG Profile
5.11.2 Porsche AG Main Business
5.11.3 Porsche AG Luxury Automotive Aftermarkets Products, Services and Solutions
5.11.4 Porsche AG Luxury Automotive Aftermarkets Revenue (US$ Million) & (2018-2023)
5.11.5 Porsche AG Recent Developments
5.12 Jaguar
5.12.1 Jaguar Profile
5.12.2 Jaguar Main Business
5.12.3 Jaguar Luxury Automotive Aftermarkets Products, Services and Solutions
5.12.4 Jaguar Luxury Automotive Aftermarkets Revenue (US$ Million) & (2018-2023)
5.12.5 Jaguar Recent Developments
5.13 Maserati
5.13.1 Maserati Profile
5.13.2 Maserati Main Business
5.13.3 Maserati Luxury Automotive Aftermarkets Products, Services and Solutions
5.13.4 Maserati Luxury Automotive Aftermarkets Revenue (US$ Million) & (2018-2023)
5.13.5 Maserati Recent Developments
6 North America
6.1 North America Luxury Automotive Aftermarkets Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Luxury Automotive Aftermarkets Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Luxury Automotive Aftermarkets Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Luxury Automotive Aftermarkets Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Luxury Automotive Aftermarkets Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Luxury Automotive Aftermarkets Market Dynamics
11.1 Luxury Automotive Aftermarkets Industry Trends
11.2 Luxury Automotive Aftermarkets Market Drivers
11.3 Luxury Automotive Aftermarkets Market Challenges
11.4 Luxury Automotive Aftermarkets Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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