United States Car Parts Aftermarket Market

Increasing Online Sales of Aftermarket Car Parts and Components drives market growth.

The United States aftermarket car parts and components market is anticipated to grow positively due to a rise in people's internet activity. Producers can now supply high-quality items faster because of technological advancements and the accelerating pace of logistical progress, which has propelled market expansion. E-commerce activity is growing faster than expected due to the ongoing epidemic. In Addition, in 2020, the automobile aftermarket proved its tenacity once more with better-than-expected performance despite the global COVID-19 pandemic. In 2021, there was a notable industry recovery.

In 2021, the total aftermarket sales of light-duty vehicles in the United States will increase by approximately 11.2%, reaching USD 325 billion.

Historically, online parts sales growth rate has been roughly 16% per year; however, in 2021, e-commerce operations had a 30% spike due to the coronavirus pandemic. Accessories, aftermarket, and replacement parts fall under this category. Therefore, throughout the forecast period, this pandemic has given the leading players in the market profitable chances. Furthermore, the expansion of the automobile sector is impacted by the yearly increase in the market for electric vehicles.

In 2021, the United States yearly sales of plug-in electric vehicles exceeded 172.1 thousand units, demonstrating the significant demand for parts and components to meet the demands of this industry. Furthermore, the United States is the biggest producer of plug-in hybrid automobiles. The nation is also the market leader for these automobiles, with top producers including Cadillac, GMC, Tesla, and Chrysler.

Moreover, plug-in electric car sales have risen in the United States over the past few years due to the industry's ongoing shift towards e-mobility. Electric vehicles are significantly less complex than traditional powertrain automobiles, with about 2,000 components. According to Tesla, for example, the drivetrain of its model has just 17 moving parts total, of which two are found in the motor. It is expected that automotive component makers will begin manufacturing their related parts because the drivetrain is the engine of any electric car.

In Addition, it is estimated that approximately 150,000 of the 590,000 American workers employed in the car parts industry make internal combustion engine (ICE) components.

The increasing number of vehicles on the road is a primary driver of the Global United States Car Parts Aftermarket Market Industry. As of 2024, the vehicle population in the United States is projected to reach approximately 270 million. This growth necessitates a corresponding rise in demand for replacement parts and accessories, as vehicles require regular maintenance and repairs. The expanding vehicle fleet is expected to contribute significantly to the market's valuation, which is anticipated to reach 18.8 USD Billion in 2024. This trend indicates a robust opportunity for aftermarket suppliers to cater to a diverse range of vehicle models and types.

The Global United States Car Parts Aftermarket Market Industry is poised for growth, with projections indicating a market size of 18.8 USD Billion in 2024 and an expected increase to 24.4 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate (CAGR) of 2.42% from 2025 to 2035. Various factors contribute to this upward trend, including the increasing vehicle population, technological advancements, and changing consumer preferences. These dynamics create a favorable environment for aftermarket suppliers to innovate and expand their offerings, ultimately enhancing their competitive positioning in the market.

The rapid expansion of e-commerce platforms is transforming the Global United States Car Parts Aftermarket Market Industry. Online retailing offers consumers convenient access to a wide range of aftermarket parts, often at competitive prices. This shift towards digital purchasing is particularly appealing to tech-savvy consumers who prefer the ease of online shopping. As e-commerce continues to grow, it is likely to facilitate greater market penetration for aftermarket suppliers, enabling them to reach a broader audience. The anticipated growth trajectory, with a CAGR of 2.42% from 2025 to 2035, underscores the potential for e-commerce to reshape consumer purchasing habits and drive market expansion.

A heightened awareness of vehicle maintenance among consumers is driving growth in the Global United States Car Parts Aftermarket Market Industry. As vehicles become more complex, owners recognize the importance of regular servicing and the need for quality replacement parts. This trend is supported by educational initiatives and resources that inform consumers about the benefits of proactive maintenance. Consequently, the demand for aftermarket parts is expected to rise as vehicle owners seek reliable solutions to extend the lifespan of their vehicles. This focus on maintenance aligns with the projected market valuation of 18.8 USD Billion in 2024, highlighting the critical role of consumer education in shaping market dynamics.

The trend towards vehicle customization is becoming increasingly prominent within the Global United States Car Parts Aftermarket Market Industry. Consumers are increasingly seeking personalized parts and accessories to enhance their vehicles' aesthetics and performance. This shift is particularly evident among younger demographics, who prioritize unique modifications. The growing interest in customization is likely to stimulate demand for aftermarket parts, as consumers invest in upgrades that reflect their individual styles. As a result, the market could experience a steady growth trajectory, with a projected CAGR of 2.42% from 2025 to 2035, indicating a sustained interest in personalized automotive solutions.

Technological innovations in automotive parts are reshaping the Global United States Car Parts Aftermarket Market Industry. The integration of advanced materials, such as lightweight composites and high-performance alloys, enhances the durability and efficiency of aftermarket components. Additionally, the rise of electric vehicles (EVs) introduces new parts and systems that require specialized aftermarket solutions. As the market adapts to these technological changes, it is likely to see an increase in demand for high-tech components, which could drive the market's growth. The anticipated market size of 24.4 USD Billion by 2035 reflects the potential impact of these advancements on consumer preferences and purchasing behavior.

The market for Car Parts Aftermarkets is expected to grow even more due to major players in the industry making significant R&D investments to extend their lines of equipment. Alongside these significant market developments, market participants engage in various strategic actions to broaden their market reach. These activities include introducing new equipment types, contractual agreements, mergers and acquisitions, increased investments, and cooperation with other organizations. The Car Parts Aftermarket sector needs to provide affordable products to grow and thrive in a more cutthroat and dynamic market.

Major players in the United States Car Parts Aftermarket market are attempting to increase market demand by investing in research and development operations, including 3M Co., Adient Plc, DENSO Corp., Lear Corp., Aisin Corp., Aptiv Plc, Magna International Inc., Pioneer Corp., Robert Bosch GmbH, NGK SPARK PLUG Co. Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Tenneco Inc., Schaeffler AG, Stellantis NV, FlexNGate Group of Companies, and American Axle and Manufacturing Holdings Inc.