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.
This report contains market size and forecasts of Luxury Automotive Aftermarkets in Global, including the following market information:
Global Luxury Automotive Aftermarkets Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Luxury Automotive Aftermarkets market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Wear and Tear Parts Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Luxury Automotive Aftermarkets 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. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Luxury Automotive Aftermarkets companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Luxury Automotive Aftermarkets Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Luxury Automotive Aftermarkets Market Segment Percentages, by Type, 2021 (%)
Wear and Tear Parts
Crash Relevant Parts
Diagnostic Parts
Accessories
Other
Global Luxury Automotive Aftermarkets Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Luxury Automotive Aftermarkets Market Segment Percentages, by Application, 2021 (%)
Passenger Vehicles
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (HCVs)
Global Luxury Automotive Aftermarkets Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Luxury Automotive Aftermarkets Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Luxury Automotive Aftermarkets revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Luxury Automotive Aftermarkets revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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