ASEAN Automotive Aftermarket - PowerPoint PPT Presentation

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ASEAN Automotive Aftermarket

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Title: ASEAN Automotive Aftermarket


1
  • Coherent Market Insights
  • Market Research and Business Consulting Services
  • https//www.coherentmarketinsights.com
  • COVID-19 Impact Tracker

2
ASEAN AUTOMOTIVE AFTERMARKET SIZE, TRENDS,
SHARES, INSIGHTS AND FORECAST - 2027
ANALYSIS
  • ASEAN Automotive Aftermarket, By Category
    Type (Accessories( Interior and Exterior), Parts
    (Lubricants , Tires, Batteries , Wear Tear
    Parts , Filters , Collision Body , Starters
     Alternators, Lighting Exhaust Components and
    Spark Plugs and Services(General Automotive
    Repairs and Automotive Transmission Repairs))  ,
    By Vehicle Type (Passenger Car and Commercial
    Vehicles),  and by Country Malaysia, Indonesia,
    Philippines, Vietnam, Singapore, Thailand and
    Rest of ASEAN) - Size, Share, Outlook, and
    Opportunity Analysis, 2019 - 2027

3
  • Market Overview
  • The ASEAN automotive aftermarket was accounted
    for US 25,250.2 MN in 2019 is expected to
    exhibit a CAGR of 9.7 during the forecast
    period.
  • Market Dynamics Drivers
  • Growing disposable income and rise in the vehicle
    part is expected to drive growth of the ASEAN
    automotive aftermarket during the forecast period
  • Poor quality of road infrastructure is expected
    to propel the ASEAN automotive aftermarket growth
    over the forecast period

4
Figure 1. Market Drivers
5
  • Market Dynamics Restraints
  • High replacement and maintenance cost is expected
    to restrain growth of the ASEAN automotive
    aftermarket during the forecast period
  • Inconsiderate attitude towards maintenance and
    services is expected to hinder the ASEAN
    automotive aftermarket growth over the forecast
    period

6
  • Market Opportunities
  • Increasing demand for used-cars in Thailand can
    provide lucrative growth opportunities
  • Major business opportunity for locally-owned
    repair shops

7
Figure 2. Market Opportunities
8
  • Market Trends
  • Adoption of self-inflating tires is an emerging
    trend in the market
  • Advent of silicon anode batteries in electric
    vehicles is another major trend in the market

9
Figure 3 Market Share
10
  • Competitive Section
  • Key players operating in the ASEAN automotive
    aftermarket are Bridgestone Corporation, ACDelco,
    Denso Corporation, Aisin Seiki Co., Ltd., Hella
    KGaA Hueck Co., BorgWarner Inc., Robert Bosch
    GmbH, Continental AG, Magneti Marelli SpA, Delphi
    Automotive PLC, and Faurecia SA.
  • Key Developments
  • Key players operating in the market are focused
    on product launches, in order to enhance the
    product portfolio. For instance, in ACDelco, a
    U.S.-based provider of automotive parts
    introduced its Cabon Air Filter at ACMA
    Automechanika

11
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    sights.com/press-release/asean-automotive-aftermar
    ket-2903

12
About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
    on assisting our plethora of clients achieve
    transformational growth by helping them make
    critical business decisions.
  • What we provide
  • Customized Market Research Services
  • Industry Analysis Services
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13
Contact Us
  • Mr. Shah
  • Coherent Market Insights Private Ltd.
  • Address 1001 4th Ave, 3200 Seattle, WA 98154,
    U.S.
  • Phone 1-206-701-6702
  • Email sales_at_coherentmarketinsights.com

14
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