How has the automotive aftermarket industry evolved over the years (2026 Update)
Last updated: July 2026 Whether you have a bold new car or an old modest car, you can not deny the importance of the aftermarket parts. From a car security system to a remote starter or an OBD module, the aftermarket industry is fulfilling the needs of the customers for years. The global automotive aftermarket was valued at approximately $378.9 billion in 2020. By 2024 that figure had grown to over $500 billion. Industry analysts project the market to surpass $650 billion by 2030, driven by connected vehicles, car sharing ........