Automotive Aftermarket Outlook by 2026 : Magneti Marelli SpA, Toyota, Hyundai Mobis, Lear Corporation, Denso, Hella, Continental, ACDelco, Faurecia SA
Automotive aftermarket growth is stimulated by increasing demand for repair & maintenance services due to the increasing average age of on-road passenger vehicles. Poor quality of road infrastructure, particularly in developing regions, is leading to increased wear & tear of vehicles. These vehicles require regular repair and maintenance services for proper operation. With growing awareness pertaining to regular vehicle repair and maintenance, Global Market Insights, Inc. suggests that automotive aftermarket could surpass USD 1,430 billion by 2026.
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