Europe Automotive Aftermarket Research Report Sample by Goldstein Research by Goldstein Market Intelligence

Europe Automotive Aftermarket Industry Outlook

Europe Automotive Aftermarket Industry Outlook 2025: Opportunity & Growth Analysis, 2017-2025 Request Full Market Report Sample

Report Code :AM 1335

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Europe Automotive Aftermarket Industry Outlook Europe Automotive Aftermarket Industry Share(%), By Region-2017-2025

Europe Automotive Aftermarket Industry Size USD (Billion). 2017-2025 XX

XX% XX CAGR: (2017-2025)

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XX XX XX XX XX

XX% XX%

XX%

XX XX

XX%

2017

XX% XX% XX%

XX%

2025

XX%

XX% XX% XX%

XX XX 2016e 2017e

2018f

2019f

2020f

2021f

2022f

2023f

U.K

France

Germany

Spain

BENELUX

Netherland

Sweden

Italy

Eastern Europe

2024f

Source: Goldstein Research

Wear-and-Tear Parts accounted for the highest market share XX% in

With share in 2017, dominated the Europe Automotive Aftermarket Industry

Europe Automotive Aftermarket Industry

Europe Automotive Aftermarket Europe Automotive Aftermarket Industry Share(%), By Products and Industry Share (%), By End Users2017 Services-2017

XX%

Germany

XX%

In 2017,

Europe Automotive Aftermarket Industry Share (%), By Distribution Channels- 2017

XX%

XX% XX%

XX%

XX% XX%

Wear-and-Tear Parts Crash-Relevant Parts Accessories and Appearance Products Diagnostics Products Services (Fleet Management etc.)

Source: Goldstein Research

Service Providers (Telematics, Fleet Management etc.)

XX%

Offline Distribution Channel

Independent Workshops Automotive OEM Workshop

Source: Goldstein Research

Online Distribution Channel

Source: Goldstein Research

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Europe Automotive Aftermarket Industry Outlook  Both public and private cloud adoption grew in 2018, with larger enterprises increasing their focus on public cloud. AWS is no longer the runaway leader as Azure has grown rapidly and is now a close second, especially among enterprise users. 

Growing

Request Full Market Sales of Enterprises with a hybrid strategy (combining public and private clouds) fell from 58 Electric percent in 2017 to XX percent in 2018, while organizations with a Report strategy ofSample

Vehicles

multiple public clouds or multiple private clouds grew slightly.

 Many more enterprises see public cloud as their top priority, up from XX percent in 2017 to XX percent in 2018. Hybrid cloud has decreased as a top priority for enterprises, declining from XX percent in 2017 to XX percent in 2018. • XX percent of enterprises spend more than USD XX million a year on public cloud, while XX percent spend more than USD XX million annually. XX percent of enterprises plan to more than double public cloud spend in 2018, and XX percent will grow public cloud spend more than XX percent. In contrast, only XX percent of enterprises will grow private cloud use by more than XX percent in 2018. • XX percent of enterprises already have a central cloud team with another XX percent planning one because they have a strong need for centralized governance within their larger organizations. Compared to 2017, enterprise central IT is taking a stronger cloud governance role in advising on which apps move to cloud (XX percent vs. XX percent), managing costs (XX percent vs. XX percent), setting policies (XX percent vs. XX percent), and brokering cloud services (XX percent vs. XX percent). • Optimizing cloud costs is the top initiative again in 2018 across all cloud users, increasing to XX percent from XX percent in 2017. Despite an increased focus on cloud cost management, only a minority of companies have implemented automated policies to optimize cloud costs, such as shutting down unused workloads or selecting lower-cost clouds or regions.

Technological Advancements

Fuel Efficiency

Stringent Emission Norms

Europe Automotive Aftermarket Industry Size (USD Billion) Domestic Sales

2017

USD XX Billion

2025

USD XX Billion

Exports USD XX Billion

USD XX Billion

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Research Methodology

Goldstein Research follows a comprehensive and rigorous research methodology to provide you accurate estimates and forecast of a particular market. We provide estimates, forecast and analysis primarily based on Fullother Market secondary research, primary interviews, in-houseRequest database and free as well paid sources. Report Sample Our company follows simultaneous top down and bottom approach in order to provide you the accurate market sizing. Data triangulation method is strictly followed where we triangulate the data from all the aspects, be it Function Type, application, industry verticals, material, product type or geography. In addition, the research methodology we follow is a systematic approach in order to estimate and project the market sizing keeping in mind all the ongoing and upcoming trends of the market. We conduct both primary and secondary research in order to estimate a market and validate our key findings. We put together our effort and prepare an inclusive questionnaire depending on the title of the market we are tracking and extract the important information we require to validate our findings. Our team of Analysts and experts dedicatedly put their effort to provide you the best possible and accurate data and analysis. Adding to that; technological, economic, cultural and social aspects along with the regulatory barriers are completely analyzed to understand the comprehensive market scenario across different geographies. Understanding the market from both buyer and seller point of view is important to track a market and provide analysis on the same. We not only provide the market data of the four geographies as a whole, namely, North America, Europe, Asia-Pacific, Latin America, Middle East & Africa and Rest of the World (RoW) but we also provide you qualitative as well we qualitative information on country level bifurcation. We at Goldstein Research provide you: • Precise Estimates and Forecast • Authentic Analysis • In-depth Data and Analysis • Authentic Sources • Reliable Data and Analysis

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Europe Automotive Aftermarket Industry Size (USD Billion) & Growth Analysis Europe Automotive Aftermarket Industry Size (USD Billion)-2017-2025 XX

Request Full Market Report SampleXX

XX XX XX XX

XX XX

XX 2016e

2017e

2018f

2019f

2020f

2021f

2022f

2023f

2024f

Source: Goldstein Research

Europe Automotive Aftermarket Industry

is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2017-2025. Aftermarket operations have a very broad scope and contain all activities related to maintaining a car after its initial sale and until the end of its lifecycle. The relevant activities are also referred to as aftermarket parts and services. The aftermarket encompasses all parts and services purchased for light- and heavy-duty vehicles after the original sale, including replacement parts, accessories, lubricants, appearance products and service repairs. Globally, aftermarket volume, including retail sales, is growing rapidly and becoming increasingly important to automotive companies compared to new car sales due to the higher margins. Western European aftermarket is more or less flat, while attractive growth rates exist in emerging markets such as Eastern Europe. The average growth rate per year is estimated at about XX% in Western Europe, whereas in Eastern Europe it is about XX% per annum over the past seven years.

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Growth Drivers Telematics and Mobility Services 

Innovative services such as telematics and mobility service bundles offer additional opportunities to generate business and revenue improvements and account for a growing share of the aftermarket. These services are increasingly embedded into new technologies.



In addition to more complex parts, they can compensate for the declining share of traditional parts, repair and maintenance services during a car’s lifecycle due to higher general quality and reliability of cars and parts. Considering the total revenue stream of a typical 13- year car lifetime, only XX% of the total revenue stems from the new car sale. The aftermarket business accounts for the remaining XX% in Western Europe



Russia will make an important leap with regard to competitive intensity. Today, the participants estimated the competitive intensity on average as being the most moderate of all markets. This is likely due to the existing weakness of the domestic car manufacturers. Russian car manufacturers such as AvtoVAZ and GAZ still have strong disadvantages compared to international manufacturers due to their organizational infrastructure.

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Europe Electric Vehicles Market Share(%), By Technology Type-2016

Europe Telematics Market (USD Billions)- 2017-2025 XX

XX XX

Hybrid cars

XX%

XX% XX Plug-in Hybrid Cars

XX XX XX%

Battery Electric Vehicles

XX 2016e

2017e

2018f

2019

2020

2021

2022

2023

2024f

Source: Goldstein Research

Impact Analysis:-

 In the future, the competitive intensity will increase dramatically, according to the participants. The increase in competitive intensity is expected to come from the market entry of nearly all international car manufacturers. This includes the expected strong presence of Chinese, South Korean and Japanese manufacturers in Eastern Russia. Copyright

High

Medium

Low

Impact on Europe Automotive Aftermarket Industry

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Market Restraints Competitive Situation in the Aftermarket  In Western Europe, the competitive intensity is currently at a rather high level, according to the respondents. They categorized the market as being one of the two most challenging in terms of competitive activity (the other being China). All participants were almost certain that Western Europe can be considered a mature market, and on average they expect a moderate increase in the competitive intensity. 

Request Full Market The picture for Eastern Europe is different. Here, it was noted that on average the current competitive Report Sampleintensity is somewhat moderate but with future increases anticipated. This can be seen in Exhibit 4, which shows the positioning of the markets in terms of their estimated competitive intensity

 In Western Europe, the main factors for differentiating the service offerings are innovative services, the high emphasis on specific customer requirements and customization of services. In line with the importance of customization, proximity to customers and offering services for attractive prices play an important role as well. This is even more important during times in which customers are increasingly buying parts on the Internet or from independent repair centers. Outstanding service quality, quick response and reaction times, and branding of service can no longer be considered as differentiating factors. Furthermore, companies unable to live up to these commodity requirements will fail.

Importance of Factors Differentiating the Service Offering

Impact Analysis: The investments in the aftermarket tend to be quite low. As a consequence, only a few participants consider their actual investment level to be sufficient, and no one stated that the investments are fully sufficient. The findings indicate that, at least until now, the aftermarket appears not to have received appropriate top management attention when it comes to evaluating future business potential and making strategic investment decisions. Thus, according to their own judgment, with the current budget spent, the participants are hardly prepared for future regional market developments and risk their future profitability in the aftermarket Copyright

Impact on Europe Automotive Aftermarket Industry High

Medium

Low

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Europe Automotive Aftermarket Industry Outlook : 2017-2025 Europe Automotive Aftermarket Industry Share (%), By Products and Services, 2017-2025

Wear-and-Tear Parts XX% XX%

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XX% XX%

Crash-Relevant Parts

XX%

2017

XX%

Accessories and Appearance Products

2025 XX%

Diagnostics Products

XX%

ď&#x201A;§Mature aftermarket champions have increased their performance over the last years and are now in the stage of optimizing aftermarket activities. These companies have strongly integrated with dependent dealers/repair centers. They keep consumers loyal for most of the product lifecycle. If customers change to independent repair centers, the goal is to sell parts to these repair centers. Mature aftermarket champions strive to control the whole breadth of distribution channels.

XX%

Services (Fleet Management etc.)

Source: Goldstein Research

ď&#x201A;§Explorers in the emerging markets

Europe Automotive Aftermarket Industry Y-O-Y Growth, By perform key functions such as R&D, Products and Services, 2017-2025 sourcing, manufacturing and sales

XX%

2016e

2017e

2018f

2019f

XX%

2020f

2021f

2022f

2023f

in emerging countries, but the aftermarket presence is still in the early implementation stage. This includes defining operational activities for marketing and sales, sourcing, planning, distribution and reverse logistics as well as considerations for the whole supply and distribution chain.

XX%

2024f

Source: Goldstein Research

Europe Automotive Aftermarket Industry Size (USD Billion), By Products and Services, 2017-2025 XX XX

2016 Wear-and-Tear Parts Accessories and Appearance Products

Source: Goldstein Research

2024 Crash-Relevant Parts Diagnostics Products

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Europe Automotive Aftermarket Industry Attractiveness and BPS Analysis, by Products and Services, 2017-2025 Europe Automotive Aftermarket Industry Attractiveness-By Products and Services, 2017-2025 12%

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10%

CAGR (%)

0% 0

100

120

Market Size (USD Million)

Wear-and-Tear Crash-Relevant Parts Parts Source: Goldstein Research

Accessories and Appearance Products

Diagnostics Products

Services

Water based adhesive segment holds the largest revenue share in the Europe Automotive Aftermarket Industry as this segment constitutes which is impacted by the rising cognizance among the household users and thus it is likely to expand at XX% CAGR during the forecast period. Automotive Aftermarket market is relying on the adoption of EHR (Electronic health record) software by various healthcare facility providers in order to stand ahead in future. Behavioral health EHR creates a world of difference to the staff and patients and goes the extra mile giving advanced capabilities such as it include support for documenting violence risk factors, suicide risk factors, or sadness scales.

Europe Automotive Aftermarket Industry BPS Analysis- By Products and Services, 2017-2025 XX% XX%

XX%

XX% XX%

XX% Services (Fleet Management etc.) XX%

XX%

Diagnostics Products

XX%

Accessories and Appearance Products

XX%

XX% XX% XX%

XX%

Crash-Relevant Parts

XX% XX%

XX%

Wear-and-Tear Parts

XX%

XX% XX%

Source: Goldstein Research

2016

2024

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Germany Automotive Aftermarket Market Size (USD Billion) & Y-O-Y growth (%), 2017-2025 Germany Automotive Aftermarket Market Size (USD Billion), Compound Annual Growth Rate (%), Y-O-Y Growth Rate (%), 2017-2025 XX% XX XX XX

XX%

Request Full Market Report Sample XX

CAGR: (2017-2025)

XX%

XX XX

XX%

XX XX

XX%

XX XX

XX%

-XX% 2016e

2017e

2018f

2019f

2020f

2021f

2022f

2023f

Source: Goldstein Research

Key Insights Germany is a very challenging market for outsiders to break into, even for big multinationals from U.S. or Japan. The aftermarket channels are well established and networked. The ‘genuine’ German brands of parts are much preferred, and usually this type of environment can be an even more important barrier than the financials or the regulatory.” In 2014, seven of the top 20 global suppliers were based in Germany. Many of those companies are well known fixtures of the U.S. aftermarket as well. And all of them are considered the drivers of technical innovation within an industry that thrives on such.

New car registrations (Germany, year 2017)

Traditional Engines XX Million XX Million

Petrol

Diesel

Alternative Engines XX Thousand XX Thousand XX Thousand

XX Thousand

Liquid/Natural Gas

Electric

Hybrid

Plug-in Hybrid

There is a completely different service culture in Germany, where technicians spend years in apprenticeship learning their trade. Home to premium OEMs and parts manufacturers BMW, Mercedes-Benz, Bosch and Hella, among others, loyalty to dealer parts and service remains high and discount brands are still shunned. Here, the OES channel still represents about half of all parts revenue. Most other Western European countries fall somewhere between the United Kingdom and Germany in regards to their loyalty to the OEMs. Copyright

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Europe Automotive Aftermarket Attractiveness-By Country, 2017-2025

Market

Europe Automotive Aftermarket Market Attractiveness-By Country, 2017-2025 XX% XX%

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XX% XX%

CAGR (%)

XX% XX% XX% XX% XX% XX% XX% XX

Market Size (USD Billion) Germany

France

Italy

Spain

BENELUX

Sweden

Norway

Russia

RoEU

Source: Goldstein Research

According to the above graph, Russia Automotive Aftermarket market is anticipated to be the most attractive market across the region, for new entrants looking to enter in the market, existing players looking for business expansion and investors seeking investment opportunities over the forecast period i.e. 2017-2025 â&#x20AC;&#x153;Decreasing product-oriented profits,the tendency to bulk commodity, and intense global competition have compelled executives to increasingly rely on post-sales service to stimulate corporate growth. It is no longer regarded as an inevitable cost of doing business, but as an active lever to drive revenue, profit and customer retention. It represents a fundamental shift in how service operations are managed â&#x20AC;&#x201C; moving away from a tactical cost-center approach to managing it as a strategic profit center

North America North America Automotive Aftermarket Market BPS Analysis- By Country, 20172025 XX% XX%

XX%

Canada

XX% XX% XX% XX%

XX%

XX% XX% XX% 2016

2024

Source: Goldstein Research

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Europe Automotive Aftermarket Industry Outlook ZF Friedrichshafen AG (Company Overview & Business Strategy)

Founded 1915

Employees 146,148

Request Full Market Website Report Sample www.zf.com

Headquarters Germany

Company Overview 

ZF Friedrichshafen AG, also known as ZF Group, and commonly abbreviated to ZF, is a German car parts maker headquartered in Friedrichshafen, in the southwest German region of Baden-Württemberg.



The Company operates through four geographic segments: Americas; Europe, Africa and Asia Pacific(APAC).



The company makes automatic and manual transmissions for commercial vehicles, cars, aircraft, and marine vessels. ZF also makes rail transmissions and industrial drives such as servo gearboxes.



Its off-road division makes transmissions for construction equipment and farm machinery. ZF's chassis unit makes automotive rear-axle systems and suspension modules. ZF was founded in 1915 by Ferdinand von Zeppelin (the Zeppelin inventor). The Zeppelin Stiftung Foundation, which is largely controlled by the town of Friedrichshafen, owns more than 90% of the company.

Business Divisions Construction and Agricultural Machinery Marine Craft and Aircraft Special and Rail Vehicles Wind Power Passenger Cars Light Commercial Vehicles

Business Strategy Innovation and Investment Strategy: In all areas of driveline and chassis technology for cars and commercial vehicles, rail vehicles and marine applications, and in many other vehicle and industrial applications, ZF products are synonymous with quality and innovation. The innovative technical solutions form the basis for the market success of ZF products. Manufacturers expect innovative products from ZF to distinguish their companies and vehicles from the competition. The focus is increasingly on functions for improved driving dynamics, comfort and safety, with fewer individual components or systems. This involves comprehensive expertise from suppliers and a clear understanding of dynamic relationships in the entire vehicle. In addition to global standards and efficient processes, it requires in-depth cross-departmental cooperation and a high degree of integration with external partners.

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Value

Visibility

About Us Based in U.S., Goldstein Research is a young

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Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions. With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our mission is simple: to develop insightful business solutions, help our clients

make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

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