- Aftermarket (automotive)
The automotive aftermarket is the part of the automotive industry concerned with the
manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, tools, equipment and accessories for light and heavy vehicles. Estimated as a $257 billion market in the United States, the aftermarket helps keep vehicles on the road by providing consumers the choice to where they want their vehicles serviced, maintained or customized.
The aftermarket encompasses parts for replacement, collision, appearance and performance. The aftermarket provides a wide variety of parts of varying qualities and prices for nearly all vehicle makes and models on the road.
Consumers have the option of repairing their vehicles themselves (known as the do-it-yourself segment) or can take the vehicle to a professional repair facility (known as the do-it-for me segment).
The aftermarket employs 4.54 million people in the United States at manufacturers, distributors, retailers and repair shops (source: AAIA).
Electric vehicle conversion
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