Global Automotive Aftermarket Industry 2019 Trends, Market Size, Share, Regional Opportunities, Growth Prospects, Segments Analysis, And Forecast To 2023 - MarketWatch



Global Automotive Aftermarket Industry Research Report 2019. The global automotive aftermarket is anticipated to witness a CAGR of 4.40% during the forecast period of 2017 to 2023. This projects consistent growth for the market. Valued at USD 824.82 Bn in 2017 and is expected to grow to reach an approximate value of USD 1,023.4 Bn by the end of 2023.With increased focus on high-quality and low-cost, OEMs are aggressively expanding their aftermarket activities. Over the years, the global automotive aftermarket has become more dynamic owing the growing level of competition. The market players are rapidly expanding in emerging markets in Asia and Latin America that were previously untapped.

https://www.marketwatch.com/press-release/global-automotive-aftermarket-industry-2019-trends-market-size-share-regional-opportunities-growth-prospects-segments-analysis-and-forecast-to-2023-2019-01-23

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