The automotive aftermarket in key markets was forecast to grow to roughly 530 billion U.S. dollars by 2025, but then coronavirus hit. In a scenario where the virus recurs, the United States is still expected to remain the leading market for aftermarket sales with projected revenue of around 225 billion U.S. dollars.
Projected size of the automotive aftermarket in selected regions worldwide in 2025, by scenario
(in billion U.S. dollars)
* Includes Germany, France, Italy, and the United Kingdom. The 2025 figures are estimates. Includes parts, accessories, and tire sales in consumer dollars, according to the source, according to the source. All values are averages of ranges stated by the source.
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McKinsey & Company. (April 22, 2020). Projected size of the automotive aftermarket in selected regions worldwide in 2025, by scenario (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 04, 2025, from https://www.statista.com/statistics/992335/size-of-global-automotive-parts-aftermarket-by-region/
McKinsey & Company. "Projected size of the automotive aftermarket in selected regions worldwide in 2025, by scenario (in billion U.S. dollars)." Chart. April 22, 2020. Statista. Accessed January 04, 2025. https://www.statista.com/statistics/992335/size-of-global-automotive-parts-aftermarket-by-region/
McKinsey & Company. (2020). Projected size of the automotive aftermarket in selected regions worldwide in 2025, by scenario (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 04, 2025. https://www.statista.com/statistics/992335/size-of-global-automotive-parts-aftermarket-by-region/
McKinsey & Company. "Projected Size of The Automotive Aftermarket in Selected Regions Worldwide in 2025, by Scenario (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Apr 2020, https://www.statista.com/statistics/992335/size-of-global-automotive-parts-aftermarket-by-region/
McKinsey & Company, Projected size of the automotive aftermarket in selected regions worldwide in 2025, by scenario (in billion U.S. dollars) Statista, https://www.statista.com/statistics/992335/size-of-global-automotive-parts-aftermarket-by-region/ (last visited January 04, 2025)
Projected size of the automotive aftermarket in selected regions worldwide in 2025, by scenario (in billion U.S. dollars) [Graph], McKinsey & Company, April 22, 2020. [Online]. Available: https://www.statista.com/statistics/992335/size-of-global-automotive-parts-aftermarket-by-region/