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"The global automotive aftermarket size is expected to reach USD 486.4 billion by 2025, expanding at a CAGR of 3.9% over the forecast period. Digitalization of auto repair and component sales, complemented by advanced technology incorporations in automobile aftermarket component manufacturing, is expected to benefit market expansion. Surging reception of semi-autonomous, electric vehicles, and hybrid and autonomous cars is further expected to bolster the new component market growth in the years to come. The market can be categorized, based on replacement parts, into tire, battery, brake parts, filters, body parts, lighting and electronic components, wheels, exhaust components, and turbochargers."