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

U.S. Automotive Aftermarket Size, Trends, Dominance and Strategic Outlook

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.

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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.

• 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

U.S. Automotive Aftermarket: Trends in the Industry

• 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

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.

• 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