- The automotive aftermarket is the after-sale market for the auto industry.
- “Aftermarket” includes vehicle parts, equipment, replacement tires, service repair, collision repair and accessories, sold after the sale of the original vehicle.
- The aftermarket includes companies in manufacturing, re-manufacturing, distribution, retailing, and installation of replacement vehicle parts, equipment, service repair and automotive accessories.
- Automotive aftermarket market segments include the type of parts and accessories; do-it-yourself (DIY) vs. do-it-for-me (DIFM); or light, medium or heavy-duty vehicles.
Automotive aftermarket meaning:
Aftermarket parts can be OEM replacement parts made by the OEM, or aftermarket including performance and accessories. Click To TweetVehicle parts and accessories may or may not be manufactured by the OEM. Aftermarket parts are divided into three categories: OEM replacement parts made by the OEM, aftermarket parts including performance parts for modification, and accessories.
OEM replacement parts are vehicle parts manufactured or re-manufactured (or “re-manned”) to replace OEM parts as they wear due to normal wear & tear of a vehicle, or for replacement due to damage. Aftermarket parts can be parts intended to be an alternative to OEM replacement parts, or can be an aftermarket part with different specifications altogether, and can be an add-on part or can be intended to replace an existing part. Accessories are parts made for the vehicle owner’s comfort, convenience or safety, or for customizing the vehicle, and are typically add-on parts. These can be after the original sale of the motor vehicle or they can be accessories installed by the automobile dealer.
Aftermarket defined by DIY vs. DIFM consumers:
Consumers who are skilled enough to repair or modify their own vehicles are in the “do-it-yourself” or “DIY” segment of the aftermarket. Some consumers prefer to have parts and accessories installed for them, and take their vehicle to a professional repair or installation facility in the “do-it-for me” or “DIFM” segment. The aftermarket helps keep vehicles on the road by providing consumers the choice of where they want their vehicles serviced, maintained, or customized.The DIY market is approximately 20%, and DIFM market 80%, of the total aftermarket. Click To Tweet
According to the Auto Care Association and AAIA, the DIY market is approximately 20% of the total, and the DIFM market is the remaining 80%.
Aftermarket defined by light, medium and heavy duty vehicles:
Vehicles are classified into Gross Vehicle Weight (GVW) or Gross Vehicle Weight Rating (GVWR) categories from “none” (the lightest) up to GVW Class 8, which includes the largest semi tractors. Automobiles have a GVW class of “none” or “blank.” Light pickup trucks and SUVs can be in GVW Class 1, 2 or 3. These make up the classification of “light” vehicles.
Medium-duty trucks including larger commercial trucks, moving vans, box trucks, and delivery trucks are usually GVW Class 4, 5 or 6. Heavy-duty trucks include the largest school buses, semi tractors and crane trucks. Medium and heavy-duty trucks are often grouped together.
|Gross Vehicle Weight Rating (GVWR) Class||GVWR
|GVWR Category Description||Examples|
|(Blank; the lightest vehicles are not included in a GVWR Class)||Light duty vehicle||Passenger cars||Common passenger cars; no SUVs or CUVs|
|GVWR Class 1||Light duty vehicle||Medium pickup trucks, mini vans, SUVs and CUVs under 6,000 lbs. (2,722 kg)||Common “quarter ton” pickup trucks, SUVs and crossover CUVs. Examples: GMC Canyon, Chevy Colorado, Ford Ranger.|
|GVWR Class 2||Light duty vehicle||Mini vans, full-size pickups, step vans or cargo vans 6,001lbs. to 10,000 lbs. (2,722–4,536 kg)||Examples: Ram 1500, Ford F-150, Chevy Silverado|
|GVWR Class 3||Medium duty vehicle||Heavy-duty “3/4 ton” pickups, box trucks, walk-in commercial vans 10,001 lbs. to 14,000 lbs. (4,536–6,350 kg)||Examples: Ram 3500, Ford F-350, GMC Sierra 3500|
|GVWR Class 4||Medium duty vehicle||Large walk-in commercial vans, larger box trucks, city delivery trucks 14,001 lbs. to 16,000 lbs. (6,351–7,257 kg)||Examples: Ford E-450 van, Ford F-450, Ram 4500|
|GVWR Class 5||Medium duty vehicle||Largest city delivery trucks, largest walk-in commercial vans with double rear axles, bucket utility “cherry picker” trucks 16,000 lbs. to 19,500 lbs. (7,258–8,845 kg)||Examples: Ford F-550, GMC 5500, Ram 5500|
|GVWR Class 6||Medium duty vehicle||School buses, single-axle straight trucks, stake bed trucks, beverage trucks 19,501 lbs. to 26,000 lbs. (8,846–11,793 kg)||Examples: Thomas Built Buses, Blue Bird|
|GVWR Class 7||Heavy duty vehicle||City transit buses, smaller semi truck cabs, moving vans, garbage trucks 26,001 lbs. to 33,000 lbs. (11,794–14,969 kg)||Examples: GMC C7500, Freightliner|
|GVWR Class 8||Heavy duty vehicle||Largest dump trucks, largest semi cabs, semi truck sleeper cabs, cement trucks 33,001 lbs. (14,969 kg) and heavier||Examples: Freightliner, International, Mack,|