According to the Automotive Industries Association of Canada (AIA Canada) the Canadian aftermarket 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 equivalents are…

The automotive aftermarket is the auto industry’s after-sale market. “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…

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…