Automotive aftermarket in Canada to reach US $20.92 Billion in 2025

reogma|Automotive aftermarket in Canada to reach US $20.92 Billion in 2025

The Canadian Automotive Aftermarket is valued at US$ 17.81 Billion in 2019 and is poised to register CAGR of 2.72% in the forecast period (2019 – 2025) to reach market size of US$ 20.92 Billion in 2025.

The Key factors driving the growth of the segment include Aging of the Vehicle Fleet, Higher concentration of Light trucks and SUVs, Increasing Replacement of Components to Fuel the Growth and OEMs Aggressively Expanding their Aftermarket Activities

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Trends
  • Industry Challenges
  • Technology Trends
  • Pricing Trends
  • Regulatory Trends
  • Other Key Market Trends
  • Impact of COVID-19
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Distribution Chain Analysis
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

The Automotive Aftermarket is the auto industry’s after-sales market. It is a secondary market in the automotive industry which involves the manufacture and supply of parts for motor vehicles fitted after the vehicle is sold.

The aftermarket includes companies in manufacturing, remanufacturing, distribution, retailing and installation of replacement vehicle parts, equipment, service repair, collision repair, replacement tires and accessories.

The Aftermarket parts are divided into two segments such as spare parts and accessories

  • The replacement parts are automotive parts manufactured to replace original equipment parts of an automobile as they become worn out or get damaged after a period of time.
  • The accessories are certain parts made for comfort, performance, safety or customization after the original sale of the vehicle.

The replacement parts and accessories are not necessarily manufactured  by the Original Equipment Manufacturers.

reogma|Automotive aftermarket in Canada to reach US $20.92 Billion in 2025

The spare parts segment dominates the Canadian Automotive Aftermarket with a market share of around 80% of the total market value, generating around US$ 14.25 Billion in revenue.


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The Canadian Automotive Aftermarket is valued at US$ 17.81 Billion in 2019 and is poised to register CAGR of 2.72% in the forecast period (2019 – 2025) to reach market size of US$ 20.92 Billion in 2025. The Key factors driving the growth of the segment include Aging of the […]
reogma|Automotive aftermarket in Canada to reach US $20.92 Billion in 2025reogma|Automotive aftermarket in Canada to reach US $20.92 Billion in 2025

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