U.S. Automotive Aftermarket Leads $321.61 Billion by 2034

U.S. Automotive Aftermarket Competitive Analysis and Projections by 2034

Based on market forecasts, the U.S. automotive aftermarket will expand from USD 214.36 billion in 2024 to USD 321.61 billion by 2034, experiencing a CAGR of 4.14%. The tire segment held the largest market share due to rising demand for off-roading tires, while retailers are expected to grow fastest with spare parts availability. OEMs dominated as consumers prefer genuine products, and low-cost parts led due to demand for affordable repairs.

Last Updated: 17 March 2025 Category: Aftermarket Insight Code: 1632 Format: PDF / PPT / Excel

The U.S. automotive aftermarket is expected to grow from USD 223.24 billion in 2025 to USD 321.61 billion by 2034, with a CAGR of 4.14% throughout the forecast period from 2025 to 2034.

U. S. Automotive Aftermarket Size 2023 - 2034

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Introduction

The U.S. automotive aftermarket is a crucial branch of the automotive components industry. This industry deals in manufacturing and distribution of automotive aftermarket parts across the U.S. There are several types of replacements parts available in this sector consisting of tire, battery, air conditioning parts, alternator/starter, brake disc/drum, brake pads, air filters (including both engine and cabin filters), fuel filter, oil filter, fuel pumps, water pumps, steering pumps, spark plugs, shock absorbers, body parts, lighting & electronic components (excluding alternator/starter), wheels, exhaust components, turbochargers, wiper components (including blades, motor) and some others. These products comes with various certifications including genuine parts, certified parts, uncertified parts and others. The rising development in the automotive aftermarket industry has boosted the industrial expansion. This market is expected to rise significantly with the growth of the automotive sector in different parts of the world.

U.S. Automotive Aftermarket Size in Million USD (2023-25)

  • According to the MEMA, the U.S. automotive aftermarket was valued at US$ 391 million in 2023 that is expected to reach US$ 472 million in 2025. 

Highlights of the U.S. Automotive Aftermarket

  • The tire segment held the largest share of the market due to the rising demand for off-roading tires.
  • The retailers segment is expected to grow with the highest CAGR due to the availability of spare parts in retail outlets.
  • The OEM segment dominated the market due to the increasing consumer preference towards genuine automotive products.
  • The low-cost parts segment led the market due to the growing demand for affordable repair of automotives.

Key Metrics and Overview

Market Size in 2024 USD 214.36 Billion
Projected Market Size in 2034 USD 321.61 Billion
CAGR (2025- 2034) 4.14%
Market Segmentation By Replacement Parts, By Distribution Channel, By Service Channel, By Certification, By Product Pricing and By Region
stop Key Players/ Companies 3M Company, Delphi Automotive PLC, Denso Corporation, Aptiv PLC, Continental AG
  • The demand for brake pads in the U.S. has rapidly increased due to the rising consumer interest towards off-roading activities.
  • Several automotive component companies are opening new manufacturing facilities to cater the demands of the U.S. consumers.
  • Numerous automotive brands are collaborating with aftermarket companies for developing automotive parts for new cars.
  • The people of the U.S. are highly interested in modifying their cars with aftermarket parts that is crucial for the industrial expansion.  

Industry Leader Announcement

In November 2024, Scott Turpin, the CEO of AISIN made an announcement stating that,” This evolution in the way we do business in the global aftermarket will transform the experience for our customers, giving them access to a wider variety of parts and more comprehensive service offerings, there are many exciting developments underway at AISIN."

Competitive Landscape

U.S. Automotive Aftermarket Companies

The U.S. automotive aftermarket is a highly fragmented industry with the presence of several dominating players. Some of the crucial players in this industry consists of 3M Company, Delphi Automotive PLC, Denso Corporation, Aptiv PLC, Continental AG, Lear Corporation, Cooper Tire & Rubber Company and some others. These companies are constantly engaged in providing automotive aftermarket parts for the consumers of U.S. and adopting numerous strategies to maintain their dominant position in this industry.

U.S. Automotive Aftermarket Size in Million USD (2022-23)

  • According to the annual report of Lear Corporation, the revenue of the seating segment in 2022 was US$ 15711.2 million that increased to US$ 17548.80 million in 2023.

Market Segmentations

By Replacement Parts

  • Tire 
  • Battery 
  • Air Conditioning Parts
  • Alternator/Starter 
  • Brake Disc/Drum 
  • Brake Pads 
  • Air Filters (Including Both Engine And Cabin Filters) 
  • Fuel Filter 
  • Oil Filter 
  • Fuel Pumps 
  • Water Pumps 
  • Steering Pumps 
  • Spark Plugs 
  • Shock Absorbers
  • Body Parts
  • Lighting & Electronic Components (Excluding Alternator/Starter)
  • Wheels
  • Exhaust Components
  • Turbochargers
  • Wiper Components (Including Blades, Motor)
  • Others

By Distribution Channel

  • Retailers
  • Wholesalers & Distributors

By Service Channel

  • DIY (Do It Yourself)
  • DIFM (Do It For Me)
  • OE (Delegating To OEM’s)

By Certification

  • Genuine Parts
  • Certified Parts
  • Uncertified Parts

By Product Pricing

  • Low-cost Parts
  • Medium-cost Parts
  • High-cost Parts

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
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About The Author

Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.

FAQ's

The U.S. automotive aftermarket was valued at US$ 223.24 billion in 2025.

The rising demand for automotive parts along with increase in number of automotive e-commerce platforms has driven the market growth.

Some of the prominent players of this industry consists of 3M Company, Aptiv PLC, Continental AG, Cooper Tire & Rubber Company, Delphi Automotive PLC, Denso Corporation, HELLA KGaA Hueck & Co. and some others.

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