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According to our (Global Info Research) latest study, the global Automotive Components market size was valued at USD 1513090 million in 2022 and is forecast to a readjusted size of USD 1980920 million by 2029 with a CAGR of 3.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The classification of Automotive Parts and Components includes Driveline & Powertrain, Interiors & Exteriors, Electronics, Bodies & Chassis, Seating, Wheel & Tires, etc. The proportion of Driveline & Powertrain in 2019 is about 24.79%, and the proportion is in decreasing trend from 2015 to 2019.
Automotive Parts and Components is widely used in OEM and Aftermarkets. The former accounts for market share more than 67.04%, while the latter account for the rest. For frequently replaced parts and components, the price in Aftermarket generally lower.
China is the largest consumption place, with a consumption market share nearly 25.17% in 2019 due to the fast growing automotive industry. Following China, USA and Europe are also the important consumption place with the mature automotive industry.
Market concentration degree is not high for the total market as the top 20 manufacturers occupied market share about 23.74%. While for one kind part or component, the market concentration degree may be high.
In 2020, Automotive Parts and Components will be affected by the decline in global automobile production and consumer demand, shutdowns, supply chain disruptions and other adverse factors.
This report is a detailed and comprehensive analysis for global Automotive Components market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Automotive Components market size and forecasts, in consumption value ($ Million), 2018-2029
Global Automotive Components market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Automotive Components market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Automotive Components market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Automotive Components
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Automotive Components market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Denso Corp., Robert Bosch, Magna International, ZF Friedrichshafen and Aisin Seiki, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Automotive Components market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Driveline & Powertrain
- Interiors & Exteriors
- Electronics
- Bodies & Chassis
- Seating
- Wheel & Tires
- Others
Market segment by Application
- OEMs
- Aftermarket
Market segment by players, this report covers
- Denso Corp.
- Robert Bosch
- Magna International
- ZF Friedrichshafen
- Aisin Seiki
- Continental
- Hyundai Mobis
- Lear Corp.
- Valeo
- Faurecia
- Marelli
- Yazaki Corp.
- Sumitomo Electric
- Aptiv
- Panasonic Automotive
- Mahle GmbH
- Schaeffler
- Toyota Boshoku Corp.
- BorgWarner Inc.
- Hyundai-WIA Corp.
- Gestamp
- Samvardhana Motherson
- Hitachi Automotive
- Autoliv
- Yanfeng Automotive
- Toyoda Gosei
- Thyssenkrupp
- JTEKT Corp.
- BASF
Market segment by regions, regional analysis covers
- North America (United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
- South America (Brazil, Argentina and Rest of South America)
- Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Automotive Components product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Automotive Components, with revenue, gross margin and global market share of Automotive Components from 2018 to 2023.
Chapter 3, the Automotive Components competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Automotive Components market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Automotive Components.
Chapter 13, to describe Automotive Components research findings and conclusion.