Automotive Aftermarket in Singapore - Market Summary, Competitive Analysis and Forecast to 2025

Automotive Aftermarket in Singapore - Market Summary, Competitive Analysis and Forecast to 2025

  • January 2021 •
  • 42 pages •
  • Report ID: 6072453 •
  • Format: PDF
Automotive Aftermarket in Singapore - Market Summary, Competitive Analysis and Forecast to 2025

Summary
Automotive Aftermarket in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
- The Automotive Aftermarket sector includes the sale of automotive components for use on vehicles after first purchase.
- The Singaporean automotive aftermarket is expected to generate total revenues of $0.1bn in 2020, representing a compound annual growth rate (CAGR) of 0.6% between 2016 and 2020.
- Market consumption volume is forecast to increase with a CAGR of 2.3% between 2016 and 2020, to reach a total of 3.2 million units in 2020.
- The components segment is expected to be the market’s most lucrative in 2020, with total revenues of $0.1bn, equivalent to 70% of the market’s overall value.

Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the automotive aftermarket market in Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive aftermarket market in Singapore
- Leading company profiles reveal details of key automotive aftermarket market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Singapore automotive aftermarket market with five year forecasts by both value and volume

Reasons to Buy
- What was the size of the Singapore automotive aftermarket market by value in 2020?
- What will be the size of the Singapore automotive aftermarket market in 2025?
- What factors are affecting the strength of competition in the Singapore automotive aftermarket market?
- How has the market performed over the last five years?
- What are the main segments that make up Singapore’s automotive aftermarket market?
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