Datamonitor View - Car Aftermarket in Europe 2006

Introduction

The aftermarket is a highly competitive and mature marketplace. Over the period 2005 to 2009, the European market is expected to show only modest growth in the 15 countries covered in the study. This headline statistic masks significant variations in market growth by country, channel and market segment. This brief quantifies and explains these significant differences by market.

Scope

Coverage of 15 European markets including all the key European markets. New in 2006: Norway, Sweden, Poland, Czech Republic and Hungary.
Trends across the key distribution channels - fast fit, autocentres, tyre specialists, independent garages, vehicle manufacturer networks.

Highlights

The European Light Vehicle Aftermarket represents a huge opportunity - it is currently worth EUR160 billion across 15 markets (Germany, Italy, France, UK, Spain, Netherlands, Belgium, Austria, Switzerland, Portugal, Norway, Sweden, Poland, Czech Republic, Hungary).
Despite a rising car parc, the market is expected to remain essentially flat, increasing in value by less than EUR0.6 billion between 2005 and 2009 as the increase in the car parc is largely offset by lower replacement rates and competitive pricing.
However, these macro trends hide significant variations between countries, channels and market segments; pockets of growth remain. Whilst the core European markets are forecast to see a decline in market value, an increase in aftermarket value is forecast in Eastern Europe.

Reasons to Purchase

Provides a strategic overview of the key differences in the structure of the main European markets.
Quantifies the forecast development in the European aftermarket by country and channel.