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Wenzhou Huaming Automotive Components Co.,ltd.

 [Zhejiang,China]

Business Type:Distributor/Wholesaler , Trade Company , Manufacturer

Main Markets: Africa , Americas , Asia , East Europe , Europe , Middle East , North Europe , West Europe

Exporter:91% - 100%

Certs:ISO/TS16949, ISO9001, CE, Test Report, TUV, ISO14001, RoHS

Home> Blog> The Potential of Automotive Aftermarket

The Potential of Automotive Aftermarket

May 10, 2022

According to the report by automotiveaftermarket.org,the Automotive aftermarket has been traditionally recession-resistant. This was proven again in 2020. Many pundits predicted a significant drop in aftermarket sales due to the pandemic. All indications are that 2020 was a robust year for the aftermarket. In fact, one of the biggest problems faced in the aftermarket were supply chain issues and lack of inventory, not consumer demand.

From the below pic, we can see the potential growth of US automotive aftermarket. And the entire US aftermarket, including light, medium and heavy-duty vehicles, is projected at nearly $420 billion in 2021 and is projected to reach $477 billion in 2024.

how big is the automotive aftermarket

Wenzhou Huaming Automotive Components Co.,ltd will try our best to bring our customers great value for the automotive parts.

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Author:

Ms. Lan Lin

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duchiez@foxmail.com

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+8617357731080

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Contact Us

Author:

Ms. Lan Lin

E-mail:

duchiez@foxmail.com

Phone/WhatsApp:

+8617357731080

Popular Products
Company News
When to replace the Suspension and Steering Bushings?

June 04, 2022

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July 04, 2022

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June 05, 2022

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