The US automotive aftermarket sector is poised for significant growth in 2024, driven by several key factors that underscore its resilience and adaptability in an evolving market landscape. This industry encompasses a wide array of products and services designed to meet the needs of vehicle owners beyond original equipment manufacturer (OEM) offerings. From replacement parts to accessories, and from repair services to digital solutions, the aftermarket sector plays a crucial role in supporting vehicle maintenance, customization, and performance enhancement. Market Expansion and Demand Surge One of the primary drivers of growth in the US automotive aftermarket is the increasing average age of vehicles on the road. As vehicles age, the demand for replacement parts and maintenance services naturally rises. This trend has been accelerated by economic factors, including the higher costs associated with purchasing new vehicles and a preference among consumers for keeping their existing ...