ASEAN AUTOMOTIVE AFTERMARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025-2032)

The ASEAN Automotive Aftermarket is estimated to be valued at USD 34.61 billion in 2025 and is expected to reach USD 66.59 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9.8% from 2025 to 2032. The ASEAN automotive aftermarket represents a dynamic and rapidly evolving sector within the broader Southeast Asian automotive ecosystem, including the sale of replacement parts, accessories, tools, equipment, and services for motor vehicles after their initial sale by original equipment manufacturers (OEMs). This market includes 10 member nations including Indonesia, Thailand, Malaysia, Singapore, the Philippines, Vietnam, Cambodia, Laos, Myanmar, and Brunei, collectively forming one of the world's most promising automotive aftermarket regions. Key product categories in this sector include replacement parts such as filters, brake components, batteries, tires, lubricants, and engine components, and also value-added services including maintenance, repair, customization, and performance enhancement solutions.

Market Dynamics:

Countries like Indonesia, Thailand, and Malaysia are seeing a large increase in vehicle ownership rates. The aging vehicle fleet across ASEAN nations creates a need for regular maintenance and replacement of components. Rising consumer awareness about vehicle maintenance, coupled with increasing disposable incomes, adds to the adoption of premium product. At the same time, the availability of counterfeit and low-quality products may affect consumer confidence, particularly in price-sensitive segments and emerging markets. Nevertheless, the growing emphasis on vehicle electrification will create opportunities for specialized aftermarket solutions. Also, the increasing government focus on road safety regulations will add to the demand for quality certified products and professional installation services.

Key Features of the Study:

• This report provides in-depth analysis of the ASEAN automotive aftermarket, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the ASEAN automotive aftermarket based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include NGK Spark Plug, ZF Friedrichshafen AG, Continental AG, Robert Bosch GmbH, HELLA GmbH & Co. KGaA, Denso Corporation, AC Delco, AISIN CORPORATION, Marelli Corporation, Bridgestone Corporation, Faurecia SA, Hitachi Astemo Ltd, Valeo SA, Michelin, and Mahle GmbH
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The ASEAN automotive aftermarket report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the ASEAN automotive aftermarket

Market Segmentation

• Vehicle Type Insights (Revenue, USD Bn, 2020 - 2032)
  • Car (Passenger cars)
  • Commercial Vehicles
  • Bikes (Motorcycles)
  • Vans, Racing Bikes & Cars
•  Component Insights (Revenue, USD Bn, 2020 - 2032)
  • Engine Components
  • Brake & Brake Pads
  • Batteries
  • Filters (Cabin Air, Engine, etc.)
  • Fuel System
  • Cooling System
  • Lighting
  • Wiper Blades
  • Exhaust & Emissions
  • Steering & Suspension
  • Tires
  • Transmission & Others (Fluids & Lubricants)
•  Service Type Insights (Revenue, USD Bn, 2020 - 2032)
  • Do it For Me (DIFM)
  • Do it Yourself (DIY)
  • Delegating to OEMs
•  Sales Channel Insights (Revenue, USD Bn, 2020 - 2032)
  • Offline
  • Online
• Key Players Insights
  • NGK Spark Plug
  • ZF Friedrichshafen AG
  • Continental AG
  • Robert Bosch GmbH
  • HELLA GmbH & Co. KGaA
  • Denso Corporation
  • AC Delco
  • AISIN CORPORATION
  • Marelli Corporation
  • Bridgestone Corporation
  • Faurecia SA
  • Hitachi Astemo Ltd
  • Valeo SA
  • Michelin
  • Mahle GmbH