Increase in Total Vehicles in Operation (VIOs), High Vehicle Ownership, and Aging Vehicles Parc to Sustain Growth of Australian Automotive Aftermarket
Frost & Sullivan Manufacturing
FEBRUARY 7, 2025
The Australian automotive aftermarket, now in a mature phase, is on a trajectory for significant growth through 2030. The increase in total vehicles in operation (VIOs), coupled with the increasing proportion of aging vehicles, is set to generate robust demand for automotive parts and services. from 2023 to 2030. from 2023 to 2030.
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