The latest report by IMARC Group, titled “Australia Auto Parts Aftermarket Market Size, Share, Trends and Forecast by Type, Application, and Region, 2025-2033,” offers a comprehensive analysis of the Australia auto parts aftermarket market growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The Australia auto parts aftermarket market size reached USD 9,939.4 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 15,685.6 Million by 2033, exhibiting a growth rate (CAGR) of 5.20% during 2025–2033.
Report Attributes:
· Base Year: 2024
· Forecast Years: 2025–2033
· Historical Years: 2019–2024
· Market Size in 2024: USD 9,939.4 Million
· Market Forecast in 2033: USD 15,685.6 Million
· Market Growth Rate 2025–2033: 5.20%
For an in-depth analysis, you can refer to a sample copy of the report:
https://www.imarcgroup.com/australia-auto-parts-aftermarket-market/requestsample
Australia Auto Parts Aftermarket Market Overview
The market is growing because more vehicles are getting older and staying on the road longer, which means they need more repairs and parts replaced. As more vehicles are added to the roads, there’s a bigger need for parts and services after the vehicle is bought. The growing interest in performance and customized parts is also helping the market grow. Online shops and e-commerce sites make it easier for people to buy these parts. Additionally, the rise of electric and hybrid cars, ride-sharing services, fleet operations, and road freight businesses is expanding the market even more.
Key Features and Trends of Australia Auto Parts Aftermarket Market
- As vehicles get older on average and more are past their warranty period, more people are turning to the aftermarket for repairs and maintenance.
- More people are buying electric and hybrid cars, which is leading to the creation of new products and services in the aftermarket.
- There is a bigger need for fixing cars that have been in accidents, and this is connected to insurance companies handling repairs, which helps the market grow.
- Online shopping and digital platforms are becoming more common for buying parts and supplies.
- More companies are offering services for vehicle fleets and ride-sharing services, which is increasing the amount of work done in the aftermarket.
Growth Drivers of Australia Auto Parts Aftermarket Market
- Older cars need more repairs and part replacements often.
- People are keeping their cars longer because of personal choices and cost savings.
- More cars are on the roads in Australia, including both new and used ones.
- There’s a bigger need for parts that make cars perform better or look different.
- Electric and hybrid cars, as well as commercial vehicles, are growing, and they require special parts from the aftermarket.
Innovation & Market Demand of Australia Auto Parts Aftermarket Market
- The aftermarket is integrating advanced diagnostic tools and telematics for precise servicing.
- E-commerce platforms are innovating supply chains to improve part availability and delivery times.
- New aftermarket products tailored to electric and hybrid vehicle technology are emerging.
- Insurance-linked repair models streamline collision repair processes.
- Workshops are adopting digital solutions for customer engagement and inventory management.
Australia Auto Parts Aftermarket Market Opportunities
- Expanding the market for electric and hybrid vehicle parts and services.
- Leveraging online retail and digital platforms for broader market access.
- Growth in fleet and ride-sharing services creating consistent aftermarket demand.
- Developing specialized customization and performance segments.
- Increasing consumer awareness about maintenance for aging vehicles.
Australia Auto Parts Aftermarket Market Challenges
- Managing complexity of servicing different vehicle types, including newer EVs.
- Maintaining profitability amid competitive pricing and supply chain disruptions.
- Ensuring quality and authenticity of aftermarket parts to avoid counterfeit products.
- Regulatory changes impacting repair services and parts standards.
- Educating consumers on benefits and warranty coverage of aftermarket parts.
Australia Auto Parts Aftermarket Market Analysis
- Type segmentation includes steering, chassis parts, suspension, and other component parts.
- Application segments cover passenger cars and commercial vehicles, with differing service demands.
- Regional analysis includes major Australian regions such as New South Wales, Victoria, Queensland, Northern Territory, and Western Australia.
- Competitive landscape features market structure, key players’ positioning, and strategic initiatives.
- Market growth is influenced by demographic trends, vehicle technology shifts, and consumer behavior.
Australia Auto Parts Aftermarket Market Segmentation:
- By Type:
- Steering
- Chassis Parts
- Suspension
- By Application:
- Passenger Car
- Commercial Vehicle
- By Region:
- Australia Capital Territory & New South Wales
- Victoria & Tasmania
- Queensland
- Northern Territory & Southern Australia
- Western Australia
Australia Auto Parts Aftermarket Market News & Recent Developments:
- Growing integration of e-commerce platforms in aftermarket part distribution is improving customer access and delivery efficiency.
- Increasing demand for electric vehicle-specific aftermarket parts spurs innovation and product launches.
Australia Auto Parts Aftermarket Market Key Players:
- Denso Corporation
- Robert Bosch
- Delphi
- Champion
- Toyota
- Valeo
- Aisin Corporation
- Bridgestone
- Hella
- Continental
Key Highlights of the Report:
- Market Performance (2019–2024)
- Market Outlook (2025–2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: Further customized information can be provided upon request.
Ask analyst for your customized sample: https://www.imarcgroup.com/request?type=report&id=34805&flag=E
FAQs: Australia Auto Parts Aftermarket Market
Q1: What was the size of the Australia auto parts aftermarket market in 2024?
A: The market size reached USD 9,939.4 Million in 2024.
Q2: What is the forecasted CAGR for 2025-2033?
A: The market is expected to grow at a CAGR of 5.20% during 2025-2033.
Q3: What are the key market drivers?
A: Aging vehicle fleet, increasing vehicle lifespan, vehicle parc expansion, and rising demand for customization parts.
Q4: Which vehicle segments are covered in the market?
A: Passenger cars and commercial vehicles are the primary segments.
Q5: Who are some key players in the Australia auto parts aftermarket market?
A: Major players include Denso Corporation, Robert Bosch, Delphi, Champion, Toyota, Valeo, among others.
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