As per MarkNtel Advisors the Philippines Electric Vehicle Aftermarket Market size is valued at around USD 1.69 million in 2025 and is projected to reach USD 8.82 million by 2032. Along with this, the market is estimated to grow at a CAGR of around 26.62% during the forecast period, i.e., 2026-32.

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Philippines Electric Vehicle Aftermarket Market Systems Market Segmentation:

By Product Type

• Battery Systems- Market Size & Forecast 2020-2032F, USD Million
• Charging Systems- Market Size & Forecast 2020-2032F, USD Million
• Drivetrain Components- Market Size & Forecast 2020-2032F, USD Million
• Electrical Components - Market Size & Forecast 2020-2032F, USD Million
• Thermal Management Systems- Market Size & Forecast 2020-2032F, USD Million
• Tires and Wheels- Market Size & Forecast 2020-2032F, USD Million
• Accessories and Customization Parts- Market Size & Forecast 2020-2032F, USD Million

By Vehicle Type

• Passenger Cars- Market Size & Forecast 2020-2032F, USD Million
• Commercial Vehicles- Market Size & Forecast 2020-2032F, USD Million
• Two-Wheelers- Market Size & Forecast 2020-2032F, USD Million

By Distribution Channel

• Supermarkets/Hypermarkets- Market Size & Forecast 2020-2032F, USD Million
• Convenience Stores- Market Size & Forecast 2020-2032F, USD Million
• Specialty Stores- Market Size & Forecast 2020-2032F, USD Million
• Online Retail- Market Size & Forecast 2020-2032F, USD Million
• Mobile Servicing and On-demand Repair Services- Market Size & Forecast 2020-2032F, USD Million
• Others- Market Size & Forecast 2020-2032F, USD Million

By End-User

• Commercial- Market Size & Forecast 2020-2032F, USD Million
• Household- Market Size & Forecast 2020-2032F, USD Million
• Governmental and Public- Market Size & Forecast 2020-2032F, USD Million

Philippines Electric Vehicle Aftermarket Market Recent Development:

September 2025: The Department of Energy (DOE) launched a national initiative to standardize EV battery recycling and second-life applications. This move aims to strengthen the domestic aftermarket ecosystem by promoting the safe disposal, refurbishment, and resale of used EV batteries, an area projected to grow rapidly alongside the country’s rising EV adoption rates.

October 2025: As reported by BusinessWorld Philippines, local automotive service providers have begun introducing specialized diagnostic and repair facilities for electric vehicles in major cities like Manila and Cebu. These workshops are equipped with advanced tools and certified technicians trained to handle high-voltage systems, battery maintenance, and software calibration. The development reflects the country’s gradual transition toward a structured EV service and maintenance network, improving consumer confidence and long-term vehicle performance.

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Philippines Electric Vehicle Aftermarket Market Drivers:

Rising Adoption of Electric Mobility & Government Incentives

A major factor driving the growth of the Philippines electric vehicle (EV) aftermarket industry is the government’s strong push toward sustainable mobility under the Electric Vehicle Industry Development Act (EVIDA). Incentives such as reduced import duties, tax exemptions, and green transport programs are encouraging consumers and fleet operators to shift toward electric vehicles. This transition is boosting the demand for aftermarket components, including replacement batteries, charging accessories, and electronic control systems.

Expansion of Charging Infrastructure and Service Networks

The rapid development of public and private charging stations across urban centers like Metro Manila, Cebu, and Davao is also fueling market growth. Local service providers and dealerships are investing in specialized workshops for EV maintenance and battery diagnostics, ensuring long-term reliability and cost-effective servicing.

Report Highlights Essential Insights for Strategic Decision-Making

• Detailed market size, share, and forecast analysis
  • In-depth pricing trends and segment-wise cost evaluations
  • Key industry strategies, including innovation, partnerships, and acquisitions
  • Critical value chain analysis and stakeholder profiling
  • Regional import-export market insights and trade flow assessment
  • Thorough competitive benchmarking of top hearing aid manufacturers
  • Identification of new growth opportunities and niche market segments
  • Overview of market trends, drivers, and challenges shaping future demand

Some of the leading players in the Philippines Electric Vehicle Aftermarket Market are:

• Ayala Corporation (ACMobility)
• Abagold Ltd
• VinFast Philippines
• Green GSM
• WardWizard Innovations & Mobility Ltd.
• Philippine Auto Components, Inc.
• Roberts Automotive and Industrial Parts Manufacturing Corporation
• Fujitsu Ten Corporation
• Multico Prime Power, Inc.
• Nitto Denko Philippines Corporation
• Asian Transmission Corporation (ATC)
• Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

• Define objectives and research design
• Collect data through surveys and interviews
• Analyze and validate data using reliable tools
• Forecast trends and deliver actionable insights

About us:

MarkNtel Advisors is a leading research and consulting firm providing strategic intelligence across the automotive industry, spanning automobiles, electric vehicles, autonomous driving, and automotive components & electronics. Our research helps OEMs, suppliers, and investors navigate regulatory shifts, evolving mobility patterns, and emerging EV ecosystems. With Custom Market Analysis, we deliver tailored research solutions that address specific business objectives, empowering clients to optimize investments, accelerate innovation, and sustain long-term growth in the global automotive market.

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