Global Automotive Aftermarket Outlook Report 2021: Essential Tendencies and Possibilities that will Shape the Progress Pipeline of the Aftersales Organization in 2021 and Past
DUBLIN, Jun 14, 2021–(Small business WIRE)–The “Worldwide Aftermarket Outlook, 2021” report has been included to ResearchAndMarkets.com’s offering.
This review identifies the dimension of the world wide automotive elements and companies aftermarket and its expansion possibilities in 2021, primarily based on how the market carried out in 2020 during the COVID-19 pandemic.
The study gives comprehensive analysis of critical trends influencing the aftermarket, marketplace revenues of key section groups, possession habits of shoppers, and identifies key prospect locations for numerous stakeholders. These analyses are presented for main automotive marketplaces: North The us, Latin The us, Europe, China, and India.
At the international amount, the review discusses how 2020 formed up for the automotive aftermarket, examining equally qualitative and quantitative aspects. It also delivers an outlook for the yr ahead, therefore, discussing all major traits and critical company styles predicted as an consequence.
Market place Highlights
Aftermarket substitute revenue from sections and add-ons income dipped by 8.8% in 2020. The major contraction in need was mainly because of to the restraints imposed by the COVID-19 pandemic which crippled the mobility desire. Function from residence, bigger adoption of the on line channel for retail buys, and large-scale unemployment meant automobiles have been utilized considerably less routinely for particular mobility throughout segments. Recessionary eventualities pertaining to the financial state added to the woes of market contributors.
On the flip facet, the circumstance pushed market place participants to innovate and make investments in raising the success of their answers. As a consequence, in 2021, the analyst expects development of aftermarket profits to be 7.1%, generating up for some of the revenues that ended up eroded in the former calendar year.
Critical Matters Protected:
1. Strategic Imperatives
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Why is it More and more Tough to Improve?
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The Strategic Critical
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The Impression of the Best 3 Strategic Imperatives on the Automotive Aftermarket
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Expansion Chances Fuel the Expansion Pipeline Motor
2. Executive Summary – 2021 World Automotive Aftermarket Outlook
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2020 International Automotive Aftermarket – Actual vs. Forecast
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Global Automotive Aftermarket Substitute Revenue Forecast for Parts and Equipment, 2019-2025
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2020 in Quantities
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2020 in Tendencies
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2021 in Numbers
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2021 in Tendencies
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Challenges Confronted by the World wide Aftermarket Marketplace thanks to COVID-19 in 2020
3. Progress Atmosphere and Scope – International Automotive Aftermarket
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Analysis Scope
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Car Segmentation
4. Macroeconomic Factors Impacting Global Automotive Aftermarket, 2021
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COVID-19 Effect on Entire world GDP Development
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Global Progress Scenario Analysis – Assumptions
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Earth GDP Expansion Less than Differing Situations
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COVID-19 Affect on Vital Locations
5. World wide Automotive Aftermarket Outlook and Traits, 2021
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Worldwide Light-weight VIO
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Global Aftermarket Earnings Sector Dimension Opportunity
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Advancement Chance by Region
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Trend 1 – eRetailing
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Development 2 – EV Product sales
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Trend 3 – Digitization
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Pattern 4 – Pandemic-induced Solutions and Solutions
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Pattern 5 – Uptake of Sub-compact and Compact SUVs
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Regular Vehicle Age
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Influence on Distance Travelled
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Average Yearly Miles Pushed, 2019-2021
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Very long-term Developments
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Very long-expression Possibility
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OEM Activity in 2020
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eCommerce Exercise in 2020
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OEM/Provider Exercise in 2020
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M&As, MoUs, and Partnerships in 2020
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Policy and Regulation Changes in 2020
6. North American Automotive Aftermarket Outlook, 2021
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Regional Outlook – United States
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Regional Outlook – Canada
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North The us Aftermarket
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Aftermarket Outlook – Revenue by Elements Sort
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VIO Ownership Pattern
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VIO Design Combine – North The us
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Automotive Aftermarket Possibility Parts
7. Europe Automotive Aftermarket Outlook, 2021
8. China Automotive Aftermarket Outlook, 2021
9. India Automotive Aftermarket Outlook, 2021
10. Latin The usa Automotive Aftermarket Outlook, 2021
11. Development Possibility Universe, 2021
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Advancement Possibility 1: On-line Product sales of Replacement Parts and Add-ons in 2021
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Growth Chance 2: ADAS Sensor Recalibration Providers
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Progress Option 3: New Solution Types Give More Revenues
12. Important Conclusions
For far more facts about this report pay a visit to https://www.researchandmarkets.com/r/w1hfpd
Watch resource edition on businesswire.com: https://www.businesswire.com/news/home/20210614005600/en/
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