Fior Markets revealed study on Global Automotive Parts and Components Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 which offers a deep scenario on the current state focusing on the major drivers and restraints for the key players. This report guides through various segments market with size status and forecast 2024. It’s a professional and in-depth study report that offers granular analysis of the market share, manufacturers, product type, applications, technological advancement, and geographic regions. In addition, it delivers market trends, industry drivers, challenges, opportunities, key company profiles and strategies of players such as Robert Bosch, Denso Corp., Magna International, Continental, ZF Friedrichshafen, Hyundai Mobis, Aisin Seiki, Faurecia, Lear Corp., Valeo, Delphi Automotive, Yazaki Corp., Sumitomo Electric, JTEKT Corp., Thyssenkrupp, Mahle GmbH, Yanfeng Automotive, BASF, Calsonic Kansei Corp., Toyota Boshoku Corp., Schaeffler, Panasonic Automotive, Toyoda Gosei, Autoliv, Hitachi Automotive, Gestamp, BorgWarner Inc., Hyundai-WIA Corp., Magneti Marelli, Samvardhana Motherson, .
Auto parts and components include bodies, chassis, interiors, exteriors, seating, powertrains, electronics, mirrors, closures, roof systems & modules, etc. All the parts and components are installed in a car to supply the best driving experience.
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Automotive Parts and Components Market Scope:
Automotive Parts and Components is widely used in OEM and Aftermarkets. The former account for market share more than 67%, while the latter account for the rest. For frequently replaced parts and components, the price in Aftermarket generally lower.
Market concentration degree is not high for the total market as the top 30 manufacturers occupied market share about 27%. While for one kind part or component, the market concentration degree may be high.
The worldwide market for Automotive Parts and Components is expected to grow at a CAGR of roughly 3.5% over the next five years, will reach 2418900 million US$ in 2024, from 1969100 million US$ in 2019.
This report focuses on the Automotive Parts and Components in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market segment by application, split into OEMs, Aftermarket along with their consumption (sales), market share and growth rate.
The report showcases a detailed picture of the market, distinguishing the key business influencers. Further, the SWOT analysis tool is utilized so that you can try to be one step ahead of your competitors. Overall information along with expert opinion derived from trustworthy sources will assist in understanding the Automotive Parts and Components market present trends, applications, and challenges. Trends like globalization, technology progress promote fragmentation regulation & ecological concerns.
This report examines market statistics giving consideration to an average production and consumption of the product coupled with the demand from the market. The report is helpful for the governments, commercials, residential and industrial consumers, as well as manufacturers, other stakeholders to organize strategies. It also includes technology source and R&D status of the foremost manufacturers in the Automotive Parts and Components market.
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