Latest news with #vehiclecustomization
Yahoo
2 days ago
- Automotive
- Yahoo
Automotive Aftermarket Size Worth USD 1,419.23 Billion by 2034 Driven by Vehicle Customization, Aging Fleets, and E-commerce Expansion
The global automotive aftermarket size is expected to be worth around USD 1,419.23 billion by 2034, increasing from USD 860.08 billion in 2025. The market is growing at a CAGR of 5.62% during the forecast period from 2025 to 2034. Ottawa, Aug. 12, 2025 (GLOBE NEWSWIRE) -- According to Precedence Research, the global surpassed USD 820.76 billion in 2024 and is projected to rise from USD 860.08 billion in 2025 to approximately USD 1,419.23 billion by 2034. The increasing vehicle customization, expansion of vehicle fleet, and growing age of vehicles drive the market growth. Note: This report is readily available for immediate delivery. We can review it with you in a meeting to ensure data reliability and quality for Before You Buy – Get the Sample Report@ Automotive Aftermarket Overview & Potential Switch Auto Insurance and Save Today! Great Rates and Award-Winning Service The Insurance Savings You Expect Affordable Auto Insurance, Customized for You The automotive aftermarket is the secondary market for vehicle services, parts, and accessories. It includes the replacement of vehicle parts, services like customization, repair, & maintenance, and many more. Aftermarket offers benefits like extending vehicle lifespan, customization of the vehicle, and enhancing performance. The automotive aftermarket offers consumers options like do-it-yourself and do-it-for-me for repairing vehicles. Factors like aging vehicles, increasing customization of vehicles, the rise in e-commerce, the expansion of vehicle fleet, and the focus on digitalization contribute to the growth of the automotive aftermarket. Quick Insights: Automotive Aftermarket Key Takeaways The global automotive aftermarket reached USD 1,121.69 billion in 2024. It is projected to surpass USD 4,214.19 billion by 2034. The market is growing at a CAGR of 5.62% from 2025 to 2034. North America accounted for the highest market share of 35.05% in 2024. By product, the exhaust components segment is expected to grow at a notable CAGR between 2025 and 2034. By application, the DIY segment is poised to grow at the fastest CAGR from 2025 to 2034. By distribution channel, the wholesalers and distributors segment is expanding at a significant CAGR from 2025 to 2034. By certification, the certified parts segment is growing at a solid CAGR from 2025 to 2034. Automotive Aftermarket Opportunity:What is the Opportunity for the Automotive Aftermarket?Growing E-Commerce Unlocks Opportunity for the Automotive Aftermarket The growing expansion of e-commerce in various regions increases purchases of automotive after parts through various online platforms. Consumers are giving preference to convenient buying, and online platforms allow purchasing, browsing, and comparing various parts of vehicles. The growing tech-savvy consumers are giving preference to online purchasing. The 24/7 availability and availability of various products like tools, parts, and accessories increase the online purchase. The presence of a home delivery option and price comparison availability increases the adoption of e-commerce platforms. The growth in DIY vehicle maintenance and increasing vehicle ownership increases demand for e-commerce. The increasing integration of advanced technologies like artificial intelligence (AI), machine learning (ML), and others with e-commerce helps the market growth. The growing e-commerce sector creates an opportunity for the growth of the automotive aftermarket. ➤ Case Study: Bosch Automotive Aftermarket's E-Commerce Expansion Bosch, a global leader in automotive technology and aftermarket solutions, recognized a growing shift toward online parts purchasing in the post-pandemic era. With millions of vehicles aging on the road and DIY culture surging, the company sought to enhance accessibility and customer convenience. Challenge: Despite its strong brand presence, Bosch faced increasing competition from emerging e-commerce auto parts platforms. Many customers wanted faster delivery, real-time stock updates, and a seamless buying experience—features that traditional retail channels struggled to match. Solution:In 2024, Bosch invested heavily in its digital aftermarket ecosystem, launching an integrated e-commerce platform that combined product catalogs, AI-driven compatibility checks, and predictive demand forecasting. The platform allowed consumers and professional mechanics to order genuine Bosch parts directly, track shipments in real-time, and access installation guides via mobile the first year, Bosch recorded a 28% increase in online aftermarket sales across North America and Europe. Customer satisfaction scores improved by 34%, and Bosch's digital reach expanded to over 50 additional markets. The initiative also positioned the company as a leader in sustainable logistics, offering eco-friendly packaging and consolidated shipping to reduce carbon Takeaway:This case demonstrates how integrating advanced digital platforms with aftermarket operations can significantly boost sales, customer loyalty, and global reach—aligning with the market growth trends highlighted in this to Drive Your Aftermarket Growth?Discover how data-driven strategies, digital platforms, and market intelligence can elevate your aftermarket business. ➡️ Download the Full Report or ☎ Schedule a Consultation with our experts Aftermarket Challenges and Limitations:What is the Limitation for the Automotive Aftermarket?High Production Cost Restrains Expansion of the Market Despite several benefits of the automotive aftermarket parts, the high production cost restricts the market growth. Factors like specific demands, fluctuating cost of raw materials, and complex manufacturing processes are responsible for the high production cost. The fluctuating cost of raw materials like rubber, aluminium, and steel directly affects the market. The need for high-performance and high-quality materials increases the production cost. The need for specialized manufacturing equipment and techniques requires high cost. The increasing production of large quantities of aftermarket parts requires high costs. The need for rigorous quality assurance processes and testing increases the production cost. The focus on customization of afterparts requires complex manufacturing processes, designs, and materials that require high cost. The high production cost hampers the growth of the automotive aftermarket. Scope of Automotive Aftermarket: Report Coverage Details Market Size in 2024 USD 820.76 Billion Market Size in 2025 USD 860.08 Billion Market Size in 2030 USD 1,167.09 Billion Market Size by 2034 USD 1,419.23 Billion Growth Rate 2025 to 2034 CAGR of 5.62% Leading Region in 2024 North America Base Year 2024 Forecast Period 2025 to 2034 Segments Covered Product, Application, Distribution Channel, Certification, and Regions Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East & Africa Key Players Covered MagnetiMarelliS.p.A., 3M Company, Continental AG, Robert Bosch GmbH, Federal-Mogul Corporation and Denso Corporation ➡️ Become a valued research partner with us ☎ Automotive Aftermarket Key Regional Analysis:How North America Dominated the Automotive Aftermarket?North America dominated the automotive aftermarket in 2024. The increasing number of vehicles on the road and the growing ownership of multiple vehicles increase the adoption of automotive parts. The well-developed distribution networks, like service centers, a network of dealerships, and auto parts stores, help the market growth. The focus on vehicle personalization and customization increases demand for automotive parts. The presence of major players like O'Reilly Automotive, AutoZone, and Advance Auto Parts drives the market growth. How Big is the U.S. Automotive Aftermarket? According to Precedence Research, the U.S. automotive aftermarket size is projected to reach around USD 350.64 billion by 2034 up from USD 228.19 billion in 2024. The U.S. market is growing at a CAGR of 4.39% from 2025 to 2034. U.S. Automotive Aftermarket Key Takeaways By replacement part type, the hard parts segment held a dominant presence in the market in 2024. By replacement part type, the electrical components segment accounted for considerable growth between 2025 and 2034. By service channel, the DIFM (Do-It-For-Me) segment held the major market share in 2024. By service channel, the online/offline retailers segment is projected to grow at a CAGR between 2025 and 2034. By vehicle type, the passenger vehicles segment registered its dominance in the U.S. automotive aftermarket market in 2024. By vehicle type, the light commercial vehicles (LCVs) segment is expected to grow significantly during the forecast period. By propulsion type, the Internal Combustion Engine (ICE) segment accounted for the dominating share in 2024. By propulsion type, the electric vehicle segment is expected to witness a significant share during the forecast period. U.S. Automotive Aftermarket Leading Companies p.A. 3M Company Continental AG Robert Bosch GmbH Federal-Mogul Corporation Denso Corporation United States Mature & Largest Market: The U.S. holds the largest automotive aftermarket globally, driven by a high number of aging vehicles requiring maintenance, repair, and upgrades. Shift to E-commerce: There's a rising trend of consumers purchasing parts and accessories online, which is expanding market reach and convenience. Technological Integration: Adoption of advanced diagnostics, automotive telematics, and connected car technologies is boosting demand for smart aftermarket parts and services. Focus on Sustainability: Growing interest in remanufactured parts and eco-friendly products is reshaping consumer preferences. Canada Steady Growth: Canada's aftermarket benefits from a growing vehicle population and increasing vehicle age, boosting demand for repair and replacement parts. Cross-Border Trade: Strong trade ties with the U.S. enable access to a wide range of aftermarket products, supporting competitive pricing and variety. Growing DIY Culture: Increasing interest in DIY repairs among Canadian consumers, aided by online tutorials and easy access to parts. Regulatory Support: Government emphasis on vehicle safety and emissions compliance drives aftermarket service needs. The Complete Study is Immediately Accessible | Download the Sample Pages of this Report@ is Asia Pacific Experiencing the Fastest Growth in the Automotive Aftermarket?Asia Pacific is experiencing the fastest growth in the market during the forecast period. The increasing number of vehicle ownerships in countries like India and China increases demand for automotive parts. The aging vehicle fleet and the need for vehicle replacement parts help the market growth. The growing government investment in the EV infrastructure and the expansion of digital infrastructure increase demand for automotive parts. The increasing demand for premium vehicles and the growing adoption of electric vehicles support the market growth. What are the Automotive Aftermarket Trends Across Asia Pacific Countries? Country Growth Factors China The increasing numbers of cars on the road and the expansion of the vehicle fleet increases demand for the automotive aftermarket. The growth in e-commerce and the shift towards electric vehicles increases demand for high-quality parts, driving the market growth. India The increasing number of vehicles on the road and rising vehicle ownership increases demand for the automotive aftermarket. The increasing focus on vehicle safety and demand for customization of vehicles supports the market growth. Japan The increasing adoption of electric vehicles and aging vehicles increases demand for the automotive aftermarket for maintenance services and parts replacements. The growth in online shopping and government support for digitalization drives the market growth. Automotive Aftermarket Segmentation Analysis: Product Analysis:The tire segment dominated the automotive aftermarket in 2024. The growing vehicles on the road, like two-wheelers, passenger cars, and commercial vehicles, increases demand for tires. The increasing vehicle ownerships and growing disposable incomes increases demand for tires. The increasing customization of vehicles increases the adoption of tires. The growing expansion of aftermarket dealerships and increasing vehicle usage increases demand for tires, driving the overall growth of the market. Application Analysis: The DIFM (Do it for Me) segment held the largest share in the automotive aftermarket in complexity of modern vehicles increases the demand for DIFM to repair and diagnose issues. The increasing integration of computerized systems and electronics in vehicles increases the demand for DIFM. The increasing demand for compliance management, scheduled maintenance, and optimization of vehicle performance increases the demand for DIFM, supporting the overall growth of the market. Distribution Channel Analysis The retailers segment dominated the automotive aftermarket in 2024. The growing consumer demand for direct access and installation services increases demand for retailers. The availability of various tools, parts, and accessories in retailers helps the market growth. The well-established relationships with aftermarket part suppliers and OEMs increase the adoption of retailers. The strong presence of added services in retailers, like maintenance, installation, and repair, drives the overall growth of the market. Certification AnalysisThe genuine parts segment held the largest share in the automotive aftermarket in 2024. The increasing demand for quality control and rigorous testing of vehicles increases the adoption of genuine parts. The increasing car manufacturers' investment in genuine parts to build brand reputation helps the market growth. Genuine parts offer an extra layer of protection against malfunctions & defects and eliminate issues with performance, fit, and finish. The growing demand for genuine parts and increasing need for high-quality parts drives the market. ➡️Related Topics You May Find Useful: Personalization in Aftermarket Market: Explore how tailored products and services are reshaping customer loyalty and revenue growth Automotive Aftermarket: See how evolving repair trends and consumer preferences are redefining parts and service demand Passenger Car Accessories After Market: Track rising personalization and lifestyle-driven demand in car interiors and add-ons Automotive Parts Packaging Market: Understand how innovation in packaging boosts efficiency, protection, and sustainability in the auto supply chain Automotive Aftermarket Glass Market: Discover how safety, aesthetics, and replacement demand are driving glass innovations Automotive Ancillaries Products Market: See how component suppliers are adapting to electrification, sustainability, and digital trends Automotive Adhesives Market: Analyze how lightweighting and advanced bonding solutions are transforming vehicle manufacturing Automotive OEM Market: Gain insights into how global manufacturing strategies and technology shifts are reshaping OEM competitiveness Automotive 3D Printing Market: Discover how additive manufacturing is revolutionizing prototyping, tooling, and custom parts in the auto industry Automotive Actuators Market: See how automation and electrification are fueling demand for precision motion components Automotive Drivetrain Market: Track how electrification, hybridization, and lightweight designs are redefining power delivery Automotive Elastomers Market: Understand how material innovation is enhancing durability, performance, and sustainability in vehicles Automotive Software Market: Explore how connected, autonomous, and electric vehicles are driving the need for advanced automotive software Automotive Aftermarket Top Companies: 3M Company Continental AG Robert Bosch GmbH Federal-Mogul Corporation Denso Corporation Recent Developments: In December 2024, ACMA Mobility Foundation launched the Inaugural Automotive Aftermarket Expo in Patna. The foundation aims to provide a platform for industrial professionals for knowledge sharing, collaboration, and business development. The foundation features over 1000 products and over 30 exhibitors. (Source: In May 2025, Uno Minda launched UnoMindaKart for transforming the auto aftermarket. The platform is available for three-wheelers, commercial vehicles, off-road machines, two-wheelers, cars, and tractors. The platform is user-friendly and offers smart features like Add My Vehicle. (Source: In April 2025, Rosmerta Group launched MyRaasta COCO Garage in Gurgaon and entered the D2C market. The mode is hybrid and offers services like in-garage capabilities, integrates on-road support, and doorstep services. The features include doorstep service for four-wheelers & two-wheelers, full-fledged garages, MyRaasta online apps, and AI-powered repair insights. (Source: Automotive Aftermarket Segments Covered in the ReportBy Product Battery Tire Filters Brake Parts Turbochargers Lighting & Electronic Components Body Parts Exhaust Components Wheels Others By Application DIFM (Do it for Me) DIY (Do it Yourself) OE (Delegating to OEMs) By Distribution Channel Wholesalers & Distributors Retailers OEMs Repair Shops By Certification Certified Parts Genuine Parts Uncertified Parts By Region North America U.S. Canada Europe Germany UK France Italy Spain Sweden Denmark Norway Asia Pacific China Japan India South Korea Thailand Latin America Brazil Mexico Argentina Middle East & Africa South Africa UAE Saudi Arabia Kuwait Thank you for reading. You can also get individual chapter-wise sections or region-wise report versions, such as Immediate Delivery Available | Buy This Premium Research Report@ You can place an order or ask any questions, please feel free to contact at sales@ | +1 804 441 9344 Stay Ahead with Precedence Research Subscriptions Unlock exclusive access to powerful market intelligence, real-time data, and forward-looking insights, tailored to your business. From trend tracking to competitive analysis, our subscription plans keep you informed, agile, and ahead of the curve. Browse Our Subscription Plans@ About Us Precedence Research is a worldwide market research and consulting organization. We give an unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures present globally. Web: Our Trusted Data Partners: Towards Healthcare | Towards Packaging | Towards Automotive | Towards Chem and Materials | Towards FnB | Towards Consumer Goods | Statifacts | Towards EV Solutions | Towards Dental | Nova One Advisor | Market Stats Insight Get Recent News: For the Latest Update Follow Us: LinkedIn | Medium | Facebook | Twitter: ✚ Explore More Market Intelligence from Precedence Research: ➢ Automotive Electronics Market: Explore how innovation in electronics is transforming vehicle performance and safety ➢ Automotive Collision Repair Market: See how advanced materials and technologies are reshaping repair services ➢ Automotive Powertrain Market: Track the shift toward electrification and sustainable propulsion systems ➢ Automotive Filter Market: Understand how filter innovation is enhancing engine efficiency and air quality ➢ Automotive Voice Recognition System Market: Discover how voice tech is redefining in-car user experiences ➢ Automotive Transmission Market: Analyze trends in automatic, manual, and hybrid transmission systems ➢ Automotive Telematics Market: Explore how connected solutions are improving vehicle safety and fleet management ➢ Automotive Human Machine Interface Market: See how intuitive interfaces are enhancing driver engagement and safety ➢ Automotive Aluminum Extrusion Market: Track how lightweight materials are boosting fuel efficiency ➢ Automotive Airbag Market: Understand how safety innovation is shaping next-gen airbag systems ➢ Automotive Wheel Market: See how design, materials, and aerodynamics are evolving in wheel manufacturing ➢ Automotive Suspension Market: Discover how suspension technologies are improving ride comfort and control ➢ Automotive Heads-Up Display Market: Explore how HUD technology is enhancing driver visibility and safety ➢ Automotive Interior Market: Track how comfort, aesthetics, and smart features are transforming interiors ➢ Automotive Thermal Systems Market: See how climate control innovations are improving energy efficiency ➢ Automotive Semiconductor Market: Understand how semiconductors are powering advanced automotive technologies ➢ Automotive Engineering Services Market: Discover how outsourced engineering is accelerating automotive R&D ➢ Automotive Fasteners Market: Track how advanced fastening solutions are improving assembly and durability ➢ Automotive IoT Market: See how IoT is enabling smarter, safer, and more connected vehicles ➢ Automotive Software Market: Explore how software is driving innovation in autonomous and connected carsError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
30-06-2025
- Automotive
- Forbes
Self-Expression Through Your Vehicle: A Personal Canvas On Wheels
Photo of Author Selika Josiah Talbott at the PowHer Collective, AutoTech 2025 with wrap battle ... More winner vehicle, wrapped by Cass Technical High School students. We live in a world where individuality is celebrated, and our vehicles have become a keyway to express ourselves. They serve as a way to showcase to the world our personalities and the things that matter to us most. According to studies, self-expression is an important part of mental health and connection with others. Our cars are not just a mode of transportation they reflect lifestyles and values. Whether it's the color of your car, or the design of the interior, or aftermarket modifications and accessories; there are a myriad of ways to customize a vehicle and make it truly and distinctly yours. One of the first things we notice about a vehicle is its color. One could opt for a classic/traditional (white is the most popular car color in America). Perhaps one could even choose a vibrant red or a unique matte finish. The choice of car color speaks volumes about your personality. Bold colors can signify a spirited personality and for those who choose a neutral tone they may have a more understated style. But many still choose unique designs or gradients or even custom full wraps which allow for greater creativity. that wrap can transform your vehicle into a moving piece of art, showcasing your inner spirit, your favorite graphics or theme. This is done even in Autonomous Vehicle vehicles that we see on our roadways today, such as Stormy Mae Nesbit's collaboration with Waymo. Waymo vehicle wrap collaboration with designer Stormy Mae as picture in Los Angeles Many express themselves through special interest or personalized license plates. It becomes an outward self-expression displayed for the whole world to see. These personalized or 'vanity plates' are often showcasing your closest interests whether it's your favorite sports team or a hobby, your sorority or fraternity or even a nickname. They make your vehicle easily identifiable and certainly send a statement to the rest of the world about what's important to you. It's not just the outside of a vehicle that points to personalization once we sit inside a car the interior now becomes a personal sanctuary creating a unique style on the interior which allows you to feel as if you are in your own oasis. You can create a comfortable yet stylish environment that signifies and expresses who you are. The personalization of the inside of a vehicle can be through seat upholstery style; whether you choose cloth or leather or even updated with suede or some Eco friendly option, indicating your personal style and values. The dashboard of a vehicle can be customized with unique finishes, technology upgrades and even decals all adding a personal touch, while in some instances enhancing functionality. There are sites that explain how to add your unique touch to the vehicle that you drive. Technology by itself can be a method of expressing one's individuality. From custom sound systems to smart technology features and infotainment these features allow one to create a driving experience that is unique to a specific lifestyle. We have even seen vehicles with interiors that highlight the sound system and even lighting customization which can create a mood all on its own. In today's world your personal vehicle is more than just a means of getting from point A to point B. It is a canvas that reflects who you are as an individual. From the exterior to the interior every choice contributes to identifying how you present yourself to the world. Embracing the creativity that comes with expressing yourself through your vehicle makes it an even more enjoyable ride for you and the world around you. Lowrider at Petersen Automotive Museum as pictured October 2024 In Los Angeles, the car scene is a blend of a vibrant tapestry of culture and creativity, notably showcased through the iconic low rider vehicles. These custom cars are often resplendent in artistry and automotive craftsmanship. The low rider culture expresses heritage and passion for the auto including hydraulic modifications showcasing the vehicles' ability to rise and lower as it glides across neighborhood streets. The cars not only capture attention they stand as a testament to the rich history and community that defines the Los Angeles automotive landscape. The vehicle has evolved from more than just a simple form of transportation to an extension of self-expression. As we navigate through society we see a celebration of individuality. Our cars serve as a personal canvas on wheels, reflecting our values personalities and lifestyles. From the striking colors that turn heads to the careful curated interiors that envelop comfort and/or our personal styles, the choices we make not only enhance the driving experience but cultivate a deeper connection between ourselves and the world around us. As we continue to embrace, and in some instances nurture, the form of self-expression, it is important to recognize the potential our vehicles have as a conduit through which we can authentically showcase our identities. Whether it is through the color or unique design and interior, let your vehicle be a true expression of who you are - driving a blend of artistry and personal narrative on the road ahead. Transportation is Mobility and Mobility is Freedom ™
Associated Press
30-06-2025
- Automotive
- Associated Press
Wildside Customs Elevates Vehicle Service with State-of-the-Art Hunter HawkEye Elite Alignment System in Naperville, IL
Naperville, IL June 30, 2025 --( )-- Wildside Customs, a leading Jeep Wrangler, Gladiator, Ford Bronco, and truck customization and service center in Naperville, Illinois, today announced a significant upgrade to its facility with the acquisition and installation of a Hunter Engineering Company HawkEye Elite Four Camera Alignment System, paired with an 18,000-pound 4-post alignment lift. This substantial investment reinforces Wildside Customs' commitment to providing the highest level of precision, efficiency, and comprehensive vehicle care to its customers. The new Hunter HawkEye Elite system is renowned as the most powerful and accurate wheel alignment machine on the market. Utilizing four high-resolution cameras, it provides incredibly precise measurements, allowing technicians to perform alignments with unmatched speed and accuracy. This advanced technology ensures that vehicles are aligned to manufacturer specifications, improving tire wear, handling, and fuel efficiency for drivers. Complementing the HawkEye Elite is the robust 18,000-pound 4-post alignment lift. This heavy-duty lift significantly expands Wildside Customs' capacity to service a wider range of vehicles, including larger trucks, SUVs, and custom builds that require higher weight capacities. The combination of this lift with the HawkEye Elite system allows for seamless and efficient alignment services, even for the most demanding vehicles. 'We are incredibly excited to bring this cutting-edge technology to our customers,' said Randal Zahora, President of Wildside Customs. 'The Hunter HawkEye Elite system, along with our new heavy-duty alignment lift, represents a major leap forward in our service capabilities. It means we can offer unparalleled accuracy and efficiency in alignments, not just for Jeep Wranglers, Gladiators, and Ford Broncos, but also for the larger, more specialized trucks and custom vehicles our clients often bring to us. This investment underscores our dedication to providing top-tier service and ensuring every vehicle leaves our shop performing at its best.' Customers can now experience the benefits of these advanced systems, including improved vehicle safety, extended tire life, and a smoother driving experience. Wildside Customs continues to lead the way in offering premium automotive services in the Chicagoland and surrounding areas. About Wildside Customs: Wildside Customs is a premier automotive customization and service shop located in Naperville, IL. Specializing in vehicle lifts, custom builds, performance upgrades, frame off restoration services, vehicle maintenance, and now, even more precision alignments, Wildside Customs is dedicated to delivering exceptional quality, meticulous craftsmanship, and outstanding customer service to enthusiasts and everyday drivers alike. Contact Information: Wildside Customs Randal Zahora 630-504-2300 Contact via Email Read the full story here: Wildside Customs Elevates Vehicle Service with State-of-the-Art Hunter HawkEye Elite Alignment System in Naperville, IL Press Release Distributed by
