Automotive Aftermarket Analysis Reveals Strong Demand for...

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2026-08-03 16:33:43 -

Automotive Aftermarket Analysis Reveals Strong Demand for Replacement Components Globally

The global automotive aftermarket is positioned for steady expansion, with Market Minds Advisory projecting growth from USD 445.6 billion in 2026 to USD 594.3 billion by 2033. This trajectory reflects a compound annual growth rate (CAGR) of 4.2%, supported by the rising global vehicle parc, increasing vehicle age, expanding repair and maintenance activities, and...

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