UK Electric Vehicle After Market Size & Outlook, 2023-2030

The electric vehicle aftermarket market in UK is expected to reach a projected revenue of US$ 24,088.0 million by 2030. A compound annual growth rate of 19.9% is expected of UK electric vehicle aftermarket market from 2024 to 2030.
Revenue, 2023 (US$M)
$6,753.2
Forecast, 2030 (US$M)
$24,088.0
CAGR, 2024 - 2030
19.9%
Report Coverage
UK

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UK electric vehicle aftermarket market, 2018-2030 (US$M)

UK electric vehicle aftermarket market, 2018-2030 (US$M)

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UK electric vehicle aftermarket market highlights

  • The UK electric vehicle aftermarket market generated a revenue of USD 6,753.2 million in 2023 and is expected to reach USD 24,088.0 million by 2030.
  • The UK market is expected to grow at a CAGR of 19.9% from 2024 to 2030.
  • In terms of segment, tire was the largest revenue generating replacement parts in 2023.
  • Filters is the most lucrative replacement parts segment registering the fastest growth during the forecast period.


Electric vehicle aftermarket market data book summary

Market revenue in 2023USD 6,753.2 million
Market revenue in 2030USD 24,088.0 million
Growth rate19.9% (CAGR from 2023 to 2030)
Largest segmentTire
Fastest growing segmentFilters
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTire, Battery, Brake Parts, Filters, Body Parts, Lighting and Electronic Components, Wheels
Key market players worldwide3M Co, ABB Ltd, Engie SA, ChargePoint Holdings Inc Ordinary Shares - Class A, Webasto Group, Siemens AG, Robert Bosch Engineering & Business Solutions, BorgWarner Inc, Schneider Electric SE, Enphase Energy Inc, AeroVironment Inc, Continental AG, Denso Corp


Other key industry trends

  • In terms of revenue, UK accounted for 8.4% of the global electric vehicle aftermarket market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany electric vehicle aftermarket market is projected to lead the regional market in terms of revenue in 2030.
  • France is the fastest growing regional market in Europe and is projected to reach USD 17,836.2 million by 2030.

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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

UK 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 22.86% in 2023. Horizon Databook has segmented the UK 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.


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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 country-level data and insights on the UK electric vehicle aftermarket market , including forecasts for subscribers. This country databook contains high-level insights into UK electric vehicle aftermarket market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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UK electric vehicle aftermarket market size, by replacement parts, 2018-2030 (US$M)

UK Electric Vehicle Aftermarket Market Outlook Share, 2023 & 2030 (US$M)

UK electric vehicle aftermarket market size, by replacement parts, 2018-2030 (US$M)

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