In Future Market Insights’ market report titled, “Automotive Aftermarket: ASEAN Industry Analysis and Opportunity Assessment, 2016-2026”, poor road infrastructure and extended vehicle life have been identified as profitable factors for the growth of the automotive aftermarket in ASEAN. On account of growing out-of-warranty car parc, the US$ 19.3 Bn ASEAN automotive aftermarket is predicted to surpass US$ ... Read more
In Future Market Insights’ market report titled, “Automotive Aftermarket: ASEAN Industry Analysis and Opportunity Assessment, 2016-2026”, poor road infrastructure and extended vehicle life have been identified as profitable factors for the growth of the automotive aftermarket in ASEAN. On account of growing out-of-warranty car parc, the US$ 19.3 Bn ASEAN automotive aftermarket is ... Read more
The ASEAN automotive aftermarket comprises replacement parts, accessories, tools, equipment, and services used for maintenance and repair of automobiles post-purchase. The aftermarket parts include tires, batteries, lighting, engine components, suspension & braking components, and others that facilitate the repair and maintenance of vehicles. The aftermarket ensures hassle-free ownership and enhances vehicle performance and fuel efficiency. The demand for aftermarket components is driven ... Read more