According to the Automotive Industries Association of Canada (AIA Canada) the aftermarket parts in Canada reached a record C$21.6 billion/US$16.4 in 2018. This represents a 6% increase over 2014, when the aftermarket was C$20.4 billion/US$16 billion. It is a 1.4% increase from 2016, when the aftermarket in Canada was C$21.3 billion/US$16.4 billion. (All Canada/US dollar…
Total U.S. aftermarket size The U.S. automotive aftermarket is a $296 billion industry (2018) with a compound annual growth rate of 3.4% projected through 2021.* The entire aftermarket, including medium and heavy-duty vehicles, is projected at $392 billion in 2018 and is projected to reach $433 billion in 2021.* It includes 535,000 individual businesses consisting…