According to the latest report Global Automotive Ignition Coil
Aftermarket Research Report: Information by Product (Pencil Ignition Coil, Electronic Distributor Coil, Double Spark Coil, Can-Type Ignition Coil, Ignition Coil Rail), by Vehicle Type (PC, LCV, HCV) and Region With Forecast till 2025, published by Market Research Future Automotive Ignition Coil
Aftermarket is anticipated to reach a valuation of USD 5,973.3 Mn at a CAGR of 4.93% during forecast period of 2019 to 2025.
Berg Insight forecasts that shipments of
aftermarket car telematics devices for consumer applications will grow from 20.3 million units in 2018 to reach 51.0 million in 2023, added the report.
"We're confident that demand for the automotive service industry and
aftermarket products will remain robust, with growth largely fuelled by demand from existing vehicles and the expected improvement of car sales moving forward," said Mahmut Gazi Bilikozen, show director of Automechanika Dubai.
DRiV's
aftermarket business, which will be known as "Motorparts," will develop, manufacture and distribute a broad portfolio of products in the global vehicle
aftermarket.
Vinnie Mehta, Director General, ACMA said, "ACMA Automechanika New Delhi is one of the key
aftermarket shows in India.
The Automotive
Aftermarket Products Expo (AAPEX) is scheduled for Tuesday, Oct.
Established in 2005, the joint venture Behr Hella Service GmbH has specialized in the marketing and distribution of products for cooling and air conditioning in the automotive
aftermarket. With the complete takeover of business activities, MAHLE will offer wholesalers and workshops the full spectrum of thermal management products from a single source in future.
"2018 is a big year for NGK as we continue to expand our brand and product portfolios," saysMike Schwab, senior vice president of
aftermarket. "Under Brian's strategic leadership, NGK is poised for growth and success."
Summary: The Middle East and African (MEA) auto
aftermarket, valued at US$ 22 billion in 2017, is forecasted to grow annually by 7% over the next five years, with sales of auto parts and accessories across the region estimated to reach US$ 31 billion by 2022, a report has said.
The expected influx of Saudi drivers from 2018 will have a significant impact on the auto parts, maintenance and services industry, with manufacturers and suppliers advised to stake their claim early in a market full of new opportunities, the chief of the Kingdom's only dedicated
aftermarket trade show said.
TOKYO, Nov 24, 2016 - (JCN Newswire) - Hitachi Automotive Systems (China) Ltd., a group company of Hitachi Automotive Systems, Ltd., today announced that the company will exhibit at Automechanika Shanghai 2016, the largest international
aftermarket trade fair in China, to be held at the National Exhibition and Convention Center in Shanghai, China from Wednesday November 30th to Saturday December 3rd.
22 October 2015 - US-based automotive
aftermarket accessories supplier Kraco Enterprises has completed the acquisition of Australian automotive
aftermarket accessories manufacturer and distributor Who-Rae, the company said.
