Australia Automotive Aftermarket Market

Australia Automotive Aftermarket present significant opportunities, with over millions of passenger vehicles are currently out of warranty in 2023, and the passenger cars with an out of warranty population is projected to grow at a robust CAGR from 2023-2031.

Australia Automotive Aftermarket Market Overview

Australia automotive industry is driven by the strong economic growth, rising investment, rapid industrial activities and technological innovation throughout the country. High presence of the automotive industry bodies such as Australian Automotive Dealers Association, Federal Chamber of Automotive Industries, Automotive Aftermarket Association, Truck Industry Council and others represents as the manufacturer, dealers, importers and related to the future of the automotive industry in Australia.

To have an edge over the competition by knowing the market dynamics and current trends of “Australia Automotive Aftermarket Market” request for Sample Report here

Major Australia Automotive Aftermarket Market Drivers

Australia automotive aftermarket market is expected to increase due to the increasing per capita income of consumers, rapid urbanization and growing demand for aftermarket car parts. Rise in the vehicle in operation with the increasing income is boosting automotive aftermarket in Australia. Moreover, increasing sales of passenger vehicles and average age of vehicles, the aftermarket services will expand in Australia. For instance, new passenger vehicles sales increased to 7,53,256 units in 2021 as compared to 6,76,804 units in 2020, 11% YoY growth rate in 2021/2020. Major automakers are heavily investing to increase their market share by expanding product portfolio in the Australian market. In 2022, Robert Bosch expanded its product portfolio of automotive aftermarket such as water pumps, brake parts, sensors, spark plugs and cooling fans for commercial and passenger vehicles.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Australia Automotive Aftermarket Association represents manufacturers, importers, retailers, distributors and wholesalers of car parts and its accessories and provider of vehicle modification and repair services in the country. More than 4,100 businesses are the part of the association and more than 40,000 people are employed. The association members manufacture and distribute vehicles components that helps to improve the appearance and performance of the vehicles such as safety, comfort, additives, chemicals, tools and equipment and accessories. It further provide the replacement parts because of wear and tear like oil filters, tyres, brake pads, batteries and bulbs. For instance, Australian Automotive Aftermarket Association export more than one billion of locally manufactured product every year. This is expected to create more opportunities for the Australia automotive aftermarket industry.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Customization here

Segments covered in the Report:

The Australia Automotive Aftermarket Market has been segmented on the basis of certification, replacement part, vehicle type. By replacement parts, the market is segmented into brake parts, tire, battery, battery, filters, Lighting Components, electronic components, Clutch Parts, Engine Components, Lubricants, and others. Based on the vehicle type, the market has been segmented into commercial vehicles and passenger vehicles. Based on certification, the market has been segmented into Counterfeit Parts, Certified Parts, Genuine Parts, Others.

For detailed scope of the “Australia Automotive Aftermarket Market” report request a Sample Copy of the report

Market Segmentation

Australia Automotive Aftermarket Market by Vehicle Type

• • Commercial Vehicles
  • Passenger Vehicles

Australia Automotive Aftermarket Market by Replacement Parts

• • Tire
  • Battery
  • Brake Parts
  • Filters
    • Air Filter​
    • Oil Filter​
    • Others​
  • Lighting Components​
  • Electroniccomponents​
  • Lubricants​
  • Clutch Parts​
  • Engine Components
    • Timing Belt​
    • Spark Plugs​
    • Others​
  • Others

Australia Automotive Aftermarket Market by Certification

• • Genuine Parts
  • Certified Parts
  • Counterfeit Parts
  • Others