Global Electric Vehicle Aftermarket Market Size & Outlook
Global electric vehicle aftermarket market, 2018-2030 (US$M)
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Global electric vehicle aftermarket market highlights
- The global electric vehicle aftermarket market generated a revenue of USD 80,569.0 million in 2023 and is expected to reach USD 308,416.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 21.1% by 2030.
- In terms of segment, tire accounted for a revenue of USD 18,380.7 million in 2023.
- Filters is the most lucrative replacement parts segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 80,569.0 million |
| Market revenue in 2030 | USD 308,416.6 million |
| Growth rate | 21.1% (CAGR from 2023 to 2030) |
| Largest segment | Tire |
| Fastest growing segment | Filters |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tire, Battery, Brake Parts, Filters, Body Parts, Lighting and Electronic Components, Wheels |
Other key industry trends
- In terms of revenue, the North America accounted for 25.5% of the global electric vehicle aftermarket market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 52,648.8 million by 2030.
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Electric Vehicle Aftermarket Market Scope
Electric Vehicle Aftermarket Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Webasto Group | View profile | 10001+ | Stockdorf, Bayern, Germany, Europe | https://www.webasto.com/de/ |
| BorgWarner Inc | View profile | 39900 | 3850 Hamlin Road, Auburn Hills, MI, United States, 48326 | https://www.borgwarner.com |
| ChargePoint Holdings Inc Ordinary Shares - Class A | View profile | 1650 | 240 East Hacienda Avenue, Campbell, CA, United States, 95008 | https://investors.chargepoint.com |
| AeroVironment Inc | View profile | 1279 | 241 18th Street South, Suite 415, Arlington, VA, United States, 22202 | https://www.avinc.com |
| Robert Bosch Engineering & Business Solutions | View profile | 10001+ | Bangalore, Karnataka, India, Asia | http://www.bosch-india-software.com |
| Engie SA | View profile | 97000 | 1, Place Samuel de Champlain, Courbevoie, France, 92400 | https://www.engie.com |
| Enphase Energy Inc | View profile | 3157 | 47281 Bayside Parkway, Fremont, CA, United States, 94538 | https://www.enphase.com |
| Denso Corp | View profile | 195471 | 1-1 Showa-cho, Kariya, Japan, 448-8661 | http://www.denso.co.jp |
| Continental AG | View profile | 200888 | Continental-Plaza 1, 30001, P.O. Box 1 69, Hanover, NI, Germany, 30175 | https://www.continental.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
Global electric vehicle aftermarket market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric vehicle aftermarket market will help companies and investors design strategic landscapes.
Tire was the largest segment with a revenue share of 22.81% in 2023. Horizon Databook has segmented the Global electric vehicle aftermarket market based on tire, battery, brake parts, filters, body parts, lighting and electronic components, wheels covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Electric Vehicle Aftermarket Replacement Parts Outlook (Revenue, USD Million, 2018-2030)
- Tire
- Filters
- Brake Parts
- Others
- Wheels
- Battery
- Body Parts
- Lighting and Electronic Components
- Global Electric Vehicle Aftermarket Propulsion Type Outlook (Revenue, USD Million, 2018-2030)
- Battery Electric Vehicles
- Hybrid Electric Vehicles
- Fuel Cell Electric Vehicles
- Plug-in Hybrid Electric Vehicles
- Global Electric Vehicle Aftermarket Vehicle Type Outlook (Revenue, USD Million, 2018-2030)
- Passenger Cars
- Commercial Vehicles
- Global Electric Vehicle Aftermarket Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Retailers
- Wholesalers & Distributors
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Target buyers of Global electric vehicle aftermarket market databook
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Our clientele includes a mix of electric vehicle aftermarket market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global electric vehicle aftermarket market , including forecasts for subscribers. This global databook contains high-level insights into Global electric vehicle aftermarket market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global electric vehicle aftermarket market size, by regions, 2018-2030 (US$M)
Top 10 countries: Electric vehicle aftermarket market size, 2023 (US$M)
Global electric vehicle aftermarket market share, by propulsion type, 2023 & 2030 (%, US$M)
Electric vehicle aftermarket market: Opportunity assessment by country
Global electric vehicle aftermarket market, by region, 2023 (US$M)
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