As per a recent report, the global Automotive Aftermarket Parts Industry is expected to stand at a whopping $723 billion in sales by 2020. The US alone would account for $296 billion. This includes both OE and aftermarket parts, equipment, service, and collision repair to name amongst a host of other facets. As we venture into the future of mobility, OEMs are rolling out a diverse and technologically advanced line-up of cars, trucks and commercial vehicles and this has opened a whole new world of possibilities. Here are some of the biggest trends that are expected for automotive parts manufacturers in 2020.

1. Game-Changing Trends for Automotive parts
Manufacturers in 2020
Date: 11th
Mar., 2020 | Version V1.0
“Digital Transformation and
Technology is in our DNA”
The Gateway Corp.
Maria Montessorilaan 5,
2719 DB Zoetermeer,
The Netherlands
Tel: +31 (0) 79 3200 980
info@autofacets.com

2. 2 Game-Changing Trends for Automotive parts Manufacturers in 2020
As per a recent report, the global Automotive Aftermarket Parts Industry is expected to stand at a whopping
$723 billion in sales by 2020. The US alone would account for $296 billion. This includes both OE and aftermarket
parts, equipment, service, and collision repair to name amongst a host of other facets. As we venture into the
future of mobility, OEMs are rolling out a diverse and technologically advanced line-up of cars, trucks and
commercial vehicles and this has opened a whole new world of possibilities. Here are some of the biggest trends
that are expected for automotive parts manufacturers in 2020.
Clean mobility is the future
As propulsion technology improves it opens new horizons for the parts manufacturers. Electric and hybrid
solutions are being developed at a never seen before rate as we take one more step towards the future of clean
mobility in 2020. Technologies like cylinder deactivation, cleaner injection systems, more efficient turbochargers
etc. have a higher priority as OEMs now strive even harder to reduce the carbon footprint.
E-Commerce changing the Automotive Aftermarket Landscape
The influence of digitisation has transformed the parts buying process of an average consumer. Now a
prospective customer is well aware of the market and the product as well since he/she has access to all the
pertaining information and reads everything possible, including reviews and videos.
Wheel and tire websites are one of the fastest-growing segments in the automotive components industry. Third-
party data aggregators are also gaining a substantial market share where customers can go and compare the
products and services offered by various brands.
E-commerce: The biggest influence
According to a study by Hedges Company, the aftermarket e-commerce market is predicted to touch $12billion
in annual sales which would rise to over $19 billion by 2022. Not just that, by 2022, the online digital influence is
projected to be $160 billion.

3. 3 Game-Changing Trends for Automotive parts Manufacturers in 2020
Automakers are leveraging the smartphone and e-commerce technologies to ease the process of driving and
owning a vehicle. Most automakers have started providing owner’s manuals and other important information on
the smartphone for enhanced convenience.
One platform, many vehicles
Globalisation has entirely changed the face of manufacturing, particularly in the automobile industry. BMW and
Toyota joining hands to revive the legendary Supra and introduce the new Z4 is probably the best example of
how even the biggest OEMs are forced to collaborate in the ever-changing global automotive scenario. This has
had a big impact on the automotive parts industry. Automakers are now building vehicles based on modular
architectures which means that similar parts from various manufacturers can be applied in the same vehicle.
Digital Transformation
The automotive industry is the most data-driven in the world with a connected car generating an average 60GB
of data per hour. Smart vehicles are designed to collect information on every aspect of your mobility experience,
right from detailed driver data to routes, traffic patterns and even the oil that you have used in your vehicle.
Digitisation has forced the parts manufacturers to change their approach and the brands are responding well.
Moving from conventional technologies, we have now equipment like power control modules or PCM. A typical
PCM is capable of executing over 2000 procedures per second. As per a recent analysis, assisted-driving
technology would enable the customers to save more than a trillion dollars in the next few decades and over
900,000 lives.
AutoFacets is a pioneer when it comes to offering world-class services in the Automotive Parts Manufacturing
Industry. Right from the spare parts management software, product information management to garage
management platform, we cover it all. Contact us for any query or a future business collaboration in the
Automotive Spare Parts industry and the whole automotive ecosystem.
Disclaimer: AutoFacets doesn't claim or takes credit for images/content/videos/whitepapers/etc. featured on its website.
All images/content/videos/whitepapers/etc. are copyrighted to its respectful owners and are shared for informational
purposes. This sharing is not intended to infringe the copyrights of respective authors.

4. 4 Game-Changing Trends for Automotive parts Manufacturers in 2020
The Netherlands (HQ)
1st floor, Maria Montessorilaan 5,
2719 DB Zoetermeer, Netherlands,
Phone: +31 79 3200 980
E-mail: info@autofacets.com
Germany
Südstraße 32-34
D-31515 Wunstorf,
Hanover
United Kingdom
Landmark House, Station Road,
Hook" RG27 9HA Hampshire
Finland
Tekniikantie 14 2110
Espoo
Iceland
Jónsgeisla 35,
113 Reykjavík
North America
3115 Harvester Road,
Suite 400 Burlington,
Ontario L7N 3N8, Canada
Japan
1-12-8 Shintomi,
Chuo-ku,
104-0041 - Tokyo
France
9 Boulevard,
du Chateau 92200,
Neuilly-sur-Seine, Paris
Sweden
Järnvägsgatan 36,
131 54 Nacka, Sverige
Norway
House of Business,
Fridtjof Nansens plass 4"
160 Oslo