Electric Vehicle Aftermarket Market 2025 Research Report By Propulsion Type (All-electric Vehicle, Hybrid Electric Vehicle), By Product (Replacement Parts, Accessories), by Vehicle Type (Passenger Cars, Commercial Vehicle), and by Region- Global Forecast to 2034
May-2025 Formats | PDF | Category: Automotive | Delivery: 24 to 72 Hours
“The Electric Vehicle Aftermarket Market is expected to expand from 35.69 Billion in 2025 to $ 84.18 Billion in 2034, with a compound annual growth rate of 17.36% “
Electric Vehicle Aftermarket Market: Overview and Growth in the Upcoming Year
The “aftermarket market” refers to the sector of the economy that provides products and services for electric vehicles after they have been sold. This includes parts, accessories, upkeep, and repairs. The demand for electric vehicles is rising along with the need for aftermarket products and services to support the growing number of electric vehicles on the road.
One of the primary drivers of the expansion of the electric vehicle aftermarket market is the increasing use of electric vehicles throughout the world. As more people transition to electric vehicles, there will likely be a greater need for aftermarket products and services. Additionally, the availability of state-of-the-art aftermarket products and technological advancements are driving this market’s growth.
Businesses and investors looking to capitalise on the growth of the electric vehicle aftermarket industry have a wide range of options. Investing in aftermarket manufacturers or launching new products and services made especially for electric vehicles are just two of the many ways to get involved in this rapidly expanding market.
Despite its promising future, the market for aftermarket parts for electric vehicles faces a number of challenges. These include the need for standardised regulations, competition from traditional auto aftermarket products, and the high cost of some aftermarket parts. However, if the right plans are in place, these challenges can be overcome.
In the upcoming year, there are several developments to watch in the electric vehicle aftermarket market. These include the rise of customised aftermarket parts for electric vehicles, the increasing demand for sustainability and environmentally friendly solutions, and the growing acceptance of online marketplaces for purchasing aftermarket goods and services.
For Insights Consultancy’s latest market intelligence study, “Global Electric Vehicle Aftermarket Market 2025, Growth Opportunities, and Forecast,” provides a comprehensive analysis of the Food industry. The report includes demand analysis, industry insights, competition intelligence, and a customer database. It also offers strategic insights into future trends, growth determinants, supplier landscape, demand landscape, CAGR, and pricing analysis. The study also includes Porter’s Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps’ Analysis, Market Attractiveness Analysis, BPS Analysis, and Ecosystem Analysis.
*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 110+ is available for purchase to all the interested stakeholders.
Top Companies Covered In This Report:
- GMB North America Inc.
- Bridgestone
- MICHELIN
- ZF Friedrichshafen AG
- Akebono Brake Corporation
- Robert Bosch GmbH
- Aptiv PLC
Industry News
Apr 14, 2025 Bridgestone India to expand Turanza 6i, Dueler A/T tyre range
Bridgestone India manufactures passenger vehicle and commercial vehicle tyres. The company does not make two-wheeler tyres.
Oct31, 2024 Aptiv implements additional cost-saving measures as EV transition slows
10.09.2024 Three new Bosch devices for testing and charging electric vehicles’ high-voltage batteries
Germany – The proportion of electric vehicles in Europe is growing continuously. Scandinavia is leading the way: figures for new registrations of electric cars are high across the region’s countries. But other European countries are also seeing growing numbers of vehicles with battery-electric powertrains on their roads. Consequently, workshops are experiencing rising demand for professional testing and repair of electric vehicles’ high-voltage components and traction batteries. Bosch has developed three new devices for the testing and the coordinated charging and discharging of high-voltage batterie modules. Because these compact, portable devices let workshops diagnose the state of charge (SoC) and state of health (SoH) of the traction batteries in modern electric vehicles precisely and down to the cell level, appropriate repairs can be done to improve battery performance. Bosch will be premiering its new high-voltage testing devices at the Automechanika trade fair in Frankfurt September 10–14, 2024.
Detailed Segmentation and Classification of the report (Market Size and Forecast – 2034, Y-o-Y growth rate, and CAGR):
Segment By Propulsion Type
- All-electric Vehicle
- Hybrid Electric Vehicle
Segment By Vehicle Type
- Passenger Cars
- Commercial Vehicles
Segment By Product
- Replacement Parts
- Tire
- Battery
- Brake parts
- Filters
- Lighting & Electric Component
- Others
- Accessories
- Vehicle Exterior
- Vehicle Interior
Segment by Distribution Channel
- Authorized Service Center (OEMs)
- Premium Multi-brand Service Center
- Digital Aggregators
- Others
Regional Deep-dive Analysis:
North America
United States
The US is one of the largest markets for EVs, with major automakers like Tesla, Ford, and GM offering a range of EV models to satisfy the growing demand. The US electric vehicle aftermarket is booming, with many manufacturers and suppliers satisfying the needs of EV owners. EV drivers in the US have access to a variety of aftermarket options, from customised accessories to performance upgrades.
Canada
The expansion of Canada’s electric vehicle aftermarket sector is being propelled by government subsidies and a growing number of EV charging stations across the country. Canadian EV owners are increasingly turning to aftermarket solutions to enhance the look and performance of their vehicles. With products ranging from aftermarket wheels and tyres to custom lighting systems, the aftermarket industry in Canada is growing quickly and satisfying the various needs of EV enthusiasts.
Asia-Pacific
China
China has emerged as a global leader in the production and adoption of electric vehicles. The country’s robust government support for electric mobility and reliable charging infrastructure has enabled a flourishing aftermarket sector. As more Chinese consumers purchase electric vehicles, there is a growing demand for aftermarket services like upkeep, repairs, and upgrades. Industry players in the region are focusing on developing innovative solutions to meet the needs of the expanding electric vehicle market.
Japan
Another significant player in the market for electric car aftermarkets is Japan, which has a robust automotive industry and a high level of technological expertise. The country’s commitment to reducing greenhouse gas emissions has led to a sharp rise in the use of electric vehicles, which in turn has raised demand for aftermarket products and services. In terms of developing cutting-edge battery technology, charging infrastructure, and intelligent mobility solutions for electric vehicles, Japanese aftermarket companies are setting the standard.
South Korea
South Korea is also making significant strides in the electric vehicle aftermarket market, with an emphasis on eco-friendly transportation options. The country’s robust automotive industry and advanced technological capabilities have made it a significant player in the global electric vehicle market. South Korean aftermarket companies are focusing on developing innovative products and services that enhance the efficiency and performance of electric vehicles in order to satisfy the growing demand from environmentally conscious consumers.
India
India’s ambitious plan to electrify the transportation sector is driving rapid growth in the country’s EV market. Due to the country’s increasing urbanisation and population growth, there is a greater need for electric transportation solutions. Indian aftermarket companies are seizing the opportunity to offer a range of EV-related products and services, including charging infrastructure, battery swapping stations, and vehicle customisation options. With government support and growing consumer awareness, India’s electric vehicle aftermarket is predicted to expand quickly.
Europe
Germany
Germany has spearheaded the electric vehicle revolution with an emphasis on sustainability and innovation. The German electric vehicle aftermarket industry is expanding due to the rising demand for electric vehicles and government initiatives to encourage a greener economy. The country’s robust charging infrastructure and supportive regulatory environment make it a leading market for aftermarket goods and services. Due to the presence of several major automakers in Germany, there is a high demand for high-quality aftermarket parts and accessories.
France
France is another major player in the European electric vehicle aftermarket market. The country has set ambitious targets to reduce carbon emissions and encourage electric mobility. As a result, aftermarket solutions that cater to the particular requirements of electric vehicles are becoming increasingly important. There is a substantial market for aftermarket products like software, batteries, and charging stations because more and more French consumers are opting for electric vehicles. Government incentives and subsidies also contribute to the growth of the French electric vehicle aftermarket.
United Kingdom
The aftermarket market for electric vehicles has been expanding significantly in the UK as well. As a result of efforts to reduce emissions and growing environmental consciousness, more consumers are switching to electric vehicles. This shift has raised the demand for aftermarket products and services, including upkeep and repair, performance improvements, and customisation. More people are purchasing electric cars as a result of the UK government’s aggressive plans to phase out gasoline and diesel vehicles, which is also creating opportunities for aftermarket businesses.
Spain
Spain is gradually emerging as a significant player in the European EV aftermarket market. The country’s focus on renewable energy and sustainable transportation has enabled the growth of electric vehicles. As electric vehicles become more popular, there is an increasing demand for aftermarket solutions that enhance their performance and efficiency. Spanish consumers are looking for reliable aftermarket products and services that meet their specific needs, so businesses in the electric car aftermarket sector have a lot of potential.
Middle East and Africa
Saudi Arabia
Saudi Arabia, in particular, has set ambitious targets to increase the percentage of electric vehicles on its roads in the years to come. Because the government is offering incentives and subsidies to electric vehicle buyers, the country’s aftermarket industry is growing.
UAE
Because of its strong infrastructure and supportive regulations, the United Arab Emirates is also seeing an increase in demand for aftermarket products and services for electric vehicles. The presence of luxury automakers like Tesla has further fueled this expansion.
Africa
Major players in the electric vehicle aftermarket market are emerging from South Africa, Kenya, and other African countries. Due to the country’s growing urban population and environmental concerns, sustainable transportation options are becoming more and more popular in South Africa.
The research provides answers to the following key questions:
- What is the expected growth rate of the Electric Vehicle Aftermarket Market from 2025-2034?
- What are the key driving forces shaping the market during the forecast period?
- Who are the major market vendors and what winning strategies have helped them occupy a strong foothold in the Electric Vehicle Aftermarket Market?
- What are the prominent market trends influencing the market’s development?
Key insights provided by the report that could help you take critical strategic decisions?
- Regional reports analyse product/service consumption and market factors in each region.
- Reports highlight possibilities and dangers for suppliers in the Electric Vehicle Aftermarket Market business globally.
- The report identifies regions and sectors with the highest growth potential.
- It provides a competitive market ranking of major companies, as well as information on new product launches, partnerships, business expansions, and acquisitions.
- The report includes a comprehensive corporate profile with company overviews, insights, product benchmarks, and SWOT analysis for key market participants.
Customization: We can provide following things
1) On request more company profiles (competitors)
2) Data about particular country or region
3) We will incorporate the same with no additional cost (Post conducting feasibility).
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Table of Contents
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