The Germany automotive aftermarket market is projected to exhibit a growth rate (CAGR) of 3.50% during 2024-2032. The increasing vehicle age, the growing demand for improved vehicle performance and safety, the expanding e-commerce sector, the rising trend of DIY (do-it-yourself) repairs, technological advancements in automotive components, and rising vehicle ownership rates are some of the major factors propelling the growth of the market.
Report Attribute
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Growth Rate (2024-2032) | 3.50% |
Rising Vehicle Ownership
The high rate of vehicle ownership in Germany leads to a steady demand for aftermarket services and products. For instance, at the beginning of 2023, 60.1 million road motor vehicles (passenger cars, lorries, road tractors for semi-trailers, buses and coaches, motorcycles, motorcycles n.e.c. and other road motor vehicles) were registered in Germany. The growth, which has continued for many years, led to an all-time high in the stock of road motor vehicles in Germany in 2023. According to the data from Germany Trade & Invest (GTAI), Germany is Europe’s biggest automotive market; number one in production and sales terms, accounting for around 25% of all passenger cars manufactured and almost 20% of all new registrations.
Automotive Technological Advancements
Innovations in automotive technology require regular updates and replacements of parts, contributing to market growth. For instance, Vibracoustic, a leading global automotive noise, vibration, and harshness (NVH) expert, is developing new NVH technologies to equip commercial vehicles with low- and zero-emissions powertrains. Vibracoustic has leveraged its experience and expertise to anticipate the industry’s evolution and created NVH-optimized mounting systems for battery packs, electric motors, and fuel cells. A 2023 survey by the German Association of the Automotive Industry (VDA) in cooperation with the German Economic Institute (IW) shows revealed that 60% of the medium-sized automotive companies surveyed have already worked with start-ups. This means that 6 out of 10 companies have already leveraged the potential of cooperation between established companies and start-ups to carry out innovations and advance the digitization of the industry. Similarly, in July 2020, Governor Brian P. Kemp announced that GEDIA Automotive Group, a family-owned international company that specializes in making state-of-the-art automotive parts, will build an advanced manufacturing facility that will begin production with a focus on parts for electric vehicles.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on replacement parts, certification, and distribution channel.
Replacement Parts Insights:
The report has provided a detailed breakup and analysis of the market based on the replacement parts. This includes turbochargers, body parts, lighting and electronic components, filters, brake parts, exhaust components, wheels, battery, and others.
Certification Insights:
A detailed breakup and analysis of the market based on the certification have also been provided in the report. This includes genuine parts, uncertified, and certified parts.
Distribution Channel Insights:
The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes distributors, wholesalers, and retailers.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Western Germany, Southern Germany, Eastern Germany, Northern Germany.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | Billion US$ |
Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Replacement Parts Covered | Turbochargers, Body Parts, Lighting and Electronic Components, Filters, Brake Parts, Exhaust Components, Wheels, Battery, Others |
Certifications Covered | Genuine Parts, Uncertified, Certified Parts |
Distribution Channels Covered | Distributors, Wholesalers, Retailers |
Regions Covered | Western Germany, Southern Germany, Eastern Germany, Northern Germany |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |