Automotive Aftermarket Market Set for Steady Growth Amid EV...

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2026-04-09 06:47:54

Automotive Aftermarket Market Set for Steady Growth Amid EV Transition and Digital Transformation

According to a recent study by Straits Research, the global automotive aftermarket market—valued at USD 430.51 billion in 2024—is projected to grow from USD 443.12 billion in 2025 to USD 565.73 billion by 2033, registering a steady CAGR of 3.6% during the forecast period (2025–2033). The market’s expansion is fueled by the increasing average age of...

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