P&A Providers & Administrators
MenuMENU
SearchSEARCH

Light Vehicle Aftermarket Projected to Grow, According to New Report

August 29, 2012
2 min to read


DALLAS, Texas - RnRMarketResearch.com released a new research report, "Automotive Aftermarket in North America to 2016." The research says gains will be fueled by expansion in size and increasing age of the North American light vehicle fleet, which includes a rising number of vehicles in prime aftermarket service age: five to ten years for many components. Additionally, as the regional economy improves and unemployment rates decrease, average miles driven per vehicle will climb along with travel to and from work.


Continuing improvements in vehicle component durability will prevent sales from rising more rapidly through 2016, as will increased monitoring of vehicle systems by advanced onboard electronics, alerting owners of any performance issues. This will reduce the need to make major repairs, although these losses will be offset somewhat by the ensuing maintenance work and sales of minor repair parts. Increasing price pressures from aftermarket parts sourced from low labor cost countries will also dampen sales growth in dollar terms.

Ad Loading...


The fastest growth among the major aftermarket product segments will be registered by electronic products. Suppliers of items such as controls, modules and sensors will be the beneficiaries of the further development of advanced vehicle systems and the rising amount of electronic content found in light vehicles. Mechanical products - which include automotive filters, brake parts, drivetrain components, engine hard parts and transmissions - will continue to be the largest aftermarket segment, accounting for 38 percent of all sales in 2016. Demand gains will be tempered by the rising quality of these already highly durable mechanical products.


Aftermarket sales of exterior and structural products are forecast to grow in line with the overall market through 2016, decelerating from the 2006 to 2011 period. Increased demand for higher priced items like performance tires and advanced glass products, including solar control windows and electrochromic mirrors, will help spur this rise. Value gains will be restricted, however, by improved tire quality and moderating raw material costs. Electrical parts are expected to record a similar rise in demand, limited by the long useful life of many products in this segment and stabilizing raw material prices, which will reduce inflationary pressures and market increases in dollar terms.


Professional service providers account for the vast majority of demand for light vehicle aftermarket parts, representing 85 percent of total sales in 2011. The professional service provider market is expected to see faster growth than the do-it-yourself market through 2016 due to the increasing complexity of modern vehicle systems and components, which makes it more difficult for DIYers to do some types of maintenance and repair work.

More Industry

Photo of gray SUV plugged into public electric-vehicle charger in parking lot
Industryby Hannah MitchellJuly 21, 2026

World EV Adoption Set to Grow

A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.

Read More →
Bar chart of truck and SUV segments' weekly value change
Industryby StaffJuly 21, 2026

Black Book: Weekly Market Update

Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.

Read More →
laptop with blue car on screen on a shopping website, Clear Costs Convert
Industryby Lauren LawrenceJuly 21, 2026

Pricing Transparency Drives Purchase Consideration

An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.

Read More →
Ad Loading...
Bar graphic of used-car segment weekly change
Industryby StaffJuly 14, 2026

Black Book: Weekly Market Update

Used-vehicle market depreciation was the prevailing story in the wholesale market last week.

Read More →
Light-blue Fiat car parked on a sunny Chicago street
Industryby Hannah MitchellJuly 14, 2026

Smaller Is Looking Better

A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.

Read More →
man sitting at desk using calculator with charts in front of him, to-go coffee cup on desk, rising and falling data chart in front
Industryby Lauren LawrenceJuly 14, 2026

U.S. EV Market Slowly Stabilizes

U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.

Read More →
Ad Loading...
blue background, map of the world with connecting lights and an electric vehicle emblem in the middle
Industryby Lauren LawrenceJuly 8, 2026

Global EV Market Entering New Phase

Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.

Read More →
Bar chart showing week-over-week wholesale automotive price change
Industryby StaffJuly 7, 2026

Black Book Weekly Market Update

The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.

Read More →
Photo of Honda CR-V SUV on two-lane road next to roadside trees
Industryby Hannah MitchellJuly 1, 2026

Auto Affordability in Context

Cox Automotive points out the complex circumstances that have led to eye-popping vehicle prices.

Read More →
Ad Loading...
Line chart of used-vehicle days to turn over past week
Industryby StaffJune 30, 2026

Black Book: Weekly Market Update

Automotive auction inventory increased last week, giving choosy bidders even more leeway.

Read More →