Germany Automotive Aftermarket Market Introduction and Overview
According to SPER Market Research, the Germany Automotive Aftermarket Market is estimated to reach USD 27.12 billion by 2033 with a CAGR of 1.56%.
The report includes an in-depth analysis of the Germany Automotive Aftermarket Market, including market size and trends, product mix, distribution channels, and supplier analysis. The automotive aftermarket is the secondary market within the automotive industry that handles the production, distribution, retailing, and installation of all vehicle parts, machinery, tools, and accessories for both light and heavy vehicles following the OEM's (original equipment manufacturer) sale of the vehicle. Original equipment manufacturer (OEM) parts are not the only manufacturers that produce aftermarket or generic parts. These parts can be used in place of original parts during maintenance and repairs because they serve the same purpose.
Market Opportunities and Challenges
Opportunities: The growth of the automobile aftermarket in Germany is mainly driven by factors like increased service orientation and product innovation. Moreover, product line innovations by market participants in areas such as high-capacity engines, turbochargers, and lighting and electrical components are some of the key elements anticipated to support the expansion of the German automotive aftermarket. Furthermore, new developments in propulsion technology have created a number of business prospects. However, worries about expensive R&D costs are expected to stifle market expansion during the projected period. The manufacturing processes of automobile manufacturers are subject to particular constraints, one of which is the high cost of production. On the other hand, aftermarket filters are one type of automobile replacement part that lets you choose a part based on the circumstances under which your car works.
Challenges: There are some challenges faces Germany Automotive Aftermarket. The increasing complexity and technology of vehicles is a major barrier to the industry's expansion. Modern cars come with ever-more-complex systems and high-tech equipment installed. The performance and efficiency of vehicles will benefit from this, but the aftermarket sector will have difficulties. In order to diagnose, repair, and replace advanced technology, certain skills and equipment are frequently needed. Due to their inability to keep up with the rapidly changing technology, independent repair shops, automotive aftermarket distributors, and do-it-yourself enthusiasts may find themselves forced to rely on authorized dealerships or original equipment manufacturer (OEM) services.
Market Competitive Landscape
The automotive aftermarket market in Germany is moderately consolidated. Some of the market key players are Continental AG, Compagnie Generale des Etablissements Michelin SCA, ZF Friedrichshafen AG, Mobivia, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Replacement Part, By Distribution Channel, By Certification
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| Regions covered | Eastern Region, Western Region, Southern Region, Northern Region
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| Companies Covered | Continental AG, Compagnie Generale des Etablissements Michelin SCA, ZF Friedrichshafen AG, Mobivia, Others.
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COVID-19 Impact on Germany Automotive Aftermarket Market
Lockdowns have been implemented by German government authorities in response to the rising number of coronavirus cases. The car aftermarket in Germany has suffered as a result of government restrictions. Numerous individuals have deferred necessary repairs, and certain transportation organizations have stopped enforcing technical control and inspection deadlines. Visits to repair workshops, garages, and service stations are decreasing as a result of these adjustments. German auto shops said that the pandemic had caused a 50% drop in business. Additionally, end users are trying to buy replacement components online, which lessens the impact of curfews and closed workshops. Thus, it is anticipated that a rise in online car part sales would create new opportunities for Germany's automotive aftermarket amid pandemic scenarios.
Key Target Audience:
- Automotive Dealerships
- Commercial Vehicle Operators
- Do it Yourself (DIY) Enthusiasts
- Fleet Management Companies
- Government Agencies and Regulatory Bodies
- Independent Repair Shops
- Insurance Companies
- Online Retail Customers
- Original Equipment Manufacturers (OEM’s)
- Vehicle Owners
Our in-depth analysis of the Germany Automotive Aftermarket Market includes the following segments:
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By Replacement Part: |
Bed Tire
Battery
Brake parts
Filters
Body parts
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By Distribution Channel: |
Retailers
Wholesale & Distributors
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By Certification: |
Genuine Parts
Certified Parts
Uncertified Parts
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Key Topics Covered in the Report:
- Germany Automotive Aftermarket Market Size (FY’2024-FY’2033)
- Overview of Germany Automotive Aftermarket Market
- Segmentation of Germany Automotive Aftermarket Market By Replacement Part (Bed Tire, Battery, Brake parts, Filters, Body parts, Lighting & Electronic components
- Wheels, Exhaust components, Turbochargers, Others)
- Segmentation of Germany Automotive Aftermarket Market By Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online, Others)
- Segmentation of Germany Automotive Aftermarket Market By Certification (Genuine Parts, Certified Parts, Uncertified Parts)
- Expansion Analysis of Germany Automotive Aftermarket Market
- Problems and Obstacles in Germany Automotive Aftermarket Market
- Competitive Landscape in the Germany Automotive Aftermarket Market
- Impact of COVID-19 and Demonetization on Germany Automotive Aftermarket Market
- Details on Current Investment in Germany Automotive Aftermarket Market
- Competitive Analysis of Germany Automotive Aftermarket Market
- Prominent Players in the Germany Automotive Aftermarket Market
- SWOT Analysis of Germany Automotive Aftermarket Market
- Germany Automotive Aftermarket Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Germany Automotive Aftermarket Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Germany Automotive Aftermarket Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Germany Automotive Aftermarket Market
7. Germany Automotive Aftermarket Market, By Replacement Part (USD Million)
7.1. Germany Automotive Aftermarket Market Value Share and Forecast, By Replacement, 2024-2033
7.2. Bed Tire
7.3. Battery
7.4. Brake parts
7.5. Filters
7.6. Body parts
7.7. Lighting & Electronic components
7.8. Wheels
7.9. Exhaust components
7.10. Turbochargers
7.11. Others
8. Germany Automotive Aftermarket Market, By Distribution Channel (USD Million)
8.1. Germany Automotive Aftermarket Market Value Share and Forecast, By Distribution Channel, 2024-2033
8.2. Retailers
8.3. Wholesale & Distributors
9. Germany Automotive Aftermarket Market, By Certification (USD Million)
9.1. Germany Automotive Aftermarket Market Value Share and Forecast, By Certification, 2024-2033
9.2. Genuine Parts
9.3. Certified Parts
9.4. Uncertified Parts
10. Germany Automotive Aftermarket Market Forecast, 2020-2033 (USD Million)
10.1. Germany Automotive Aftermarket Market Size and Market Share
11. Germany Automotive Aftermarket Market, By Replacement Part, 2020-2033 (USD Million)
11.1. Germany Automotive Aftermarket Market Size and Market Share By Replacement Part (2020-2026)
11.2. Germany Automotive Aftermarket Market Size and Market Share By Replacement Part (2027-2033)
12. Germany Automotive Aftermarket Market, By Distribution Channel, 2020-2033 (USD Million)
12.1. Germany Automotive Aftermarket Market Size and Market Share By Distribution Channel (2020-2026)
12.2. Germany Automotive Aftermarket Market Size and Market Share By Distribution Channel (2027-2033)
13. Germany Automotive Aftermarket Market, By Certification, 2020-2033 (USD Million)
13.1. Germany Automotive Aftermarket Market Size and Market Share By Certification (2020-2026)
13.2. Germany Automotive Aftermarket Market Size and Market Share By Certification (2027-2033)
14. Germany Automotive Aftermarket Market, By Region, 2020-2033 (USD Million)
14.1. Germany Automotive Aftermarket Market Size and Market Share By Region (2020-2026)
14.2. Germany Automotive Aftermarket Market Size and Market Share By Region (2027-2033)
14.3. Eastern Region
14.4. Northern Region
14.5. Western Region
14.6. Southern Region
15. Company Profile
15.1. Continental AG
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Compagnie Generale des Etablissements Michelin SCA
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. ZF Friedrichshafen AG
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Mobivia
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
