The North American light vehicle aftermarket is projected to rise 3.2 percent annually to $85.5 billion in 2016. The US will record the slowest gains but will represent four-fifths of the region’s total sales growth. Electronics will be the fastest growing product segment. The dominant professional market will outpace the DIY segment.
This study analyzes the $73 billion automotive aftermarket in North America. It presents historical demand data for the years 2001, 2006 and 2011, and forecasts for 2016 and 2021 by country (US, Canada, Mexico), product (e.g., mechanical, exterior and structural, electrical, electronic) and service performer (e.g., professional, DIY).
The study also considers market environment factors, details industry structure, evaluates company market shares and profiles 47 industry participants, including Johnson Controls, Federal-Mogul and Autoparts Holdings.