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aftermarket

[ af-ter-mahr-kit, ahf- ]

noun

  1. the market for replacement parts, accessories, and equipment for the care or enhancement of the original product, especially an automobile, after its sale to the consumer:

    The company holds a large share in the automotive radio aftermarket.

  2. any additional market created by a product after the primary market:

    Television is the perfect aftermarket for old movies.

  3. Stock Exchange. secondary market.


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Word History and Origins

Origin of aftermarket1

First recorded in 1935–40; after + market
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Example Sentences

I found aftermarket pad kits for a Bell V1 Pro, a helmet that has not been made in 25 years.

Wrangler drivers must buy aftermarket mirrors to replace the door-mounted factory mirrors and a disappointing number of them simply choose to drive mirrorless.

If you’re buying wine on the aftermarket, 20 years is a good benchmark.

From Eater

Heavier designs may require supporting the hinges at the awning’s rear, which means you’ll need an aftermarket roof rack like those made by Frontrunner, ARB, and others.

I wanted to help make her drive safer by adding lights to her Outback, but lights typically require aftermarket steel bumpers or a permanently affixed roof rack to provide the necessary mounting points.

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More About Aftermarket

What does aftermarket mean?

An aftermarket is a market for parts, accessories, or equipment used to maintain or improve an existing product, usually relating to machinery, especially automobiles.

The aftermarket is a market for goods that can be used to repair, improve, or change a product that was already made on a primary, or standard, market. For example, when you buy a replacement power cable for your laptop from a company other than the computer manufacturer, you’re buying it on the aftermarket

Aftermarket is often paired with parts, as in The aftermarket parts for my car are actually of a better quality than the original parts.

In the context of a stock exchange, aftermarket is used to mean a secondary market. The secondary market is the situation where investors buy and sell shares that are already owned. In contrast, the primary market is the situation where a company first sells its shares to investors. Before that, the company was owned privately. National markets like the New York Stock Exchange and the NASDAQ are aftermarkets

Example: Because her new car didn’t come with good-quality speakers, Libby searched the aftermarket for better speakers.

Where does aftermarket come from?

The first records of the term aftermarket come from around the 1930s. It combines the terms after and market to describe the field of trade in which you can buy parts for a product that is sold in a separate market.

Did you know ... ?

What are some words that share a root or word element with aftermarket

What are some words that often get used in discussing aftermarket?

How is aftermarket used in real life?

Aftermarket is a common word used to describe markets for parts and accessories, especially those made by companies that didn’t make the original product.

 

Try using aftermarket!

True or False?

Aftermarket parts are sold by the manufacturer of the original product.

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