Omega AMM

What is Automotive Aftermarket (AAM)

The automotive aftermarket represents a vibrant and multifaceted secondary market within the automotive industry. It encompasses the manufacturing, remanufacturing, distribution, retailing, and installation of vehicle parts, equipment, accessories, and chemicals (including additives) after the sale of vehicles by the original equipment manufacturer (OEM). These products—ranging from replacement parts to collision repair components, appearance enhancements, and performance upgrades—may originate from the OEM or other suppliers, ensuring an extensive range of options in terms of quality and pricing for virtually all vehicle makes and models.

Consumers benefit from the aftermarket's inherent flexibility to maintain or enhance their vehicles through two primary approaches: the "do-it-yourself" (DIY) segment, which empowers individuals to perform repairs or upgrades independently, and the "do-it-for-me" (DIFM) segment, which offers professional repair and customization services. These diverse service/product options are key to extending vehicle longevity, ensuring roadworthiness, and allowing owners to express their preferences.