Press release
Global Auto Parts and Accessories Sales Market will reach 2736600 million US$ by the end of 2025
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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The classification of Auto Parts and Accessories includes Driveline & Powertrain, Interiors & Exteriors, Electronics, Bodies & Chassis, Seating, Lighting, Wheel & Tires, etc. The proportion of Driveline & Powertrain in 2016 is about 25%, and the proportion is in decreasing trend from 2012 to 2016.
Auto Parts and Accessories 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.
China is the largest consumption place, with a consumption market share nearly 25% in 2016 due to the fast growing automotive industry. Following China, USA and Europe are also the important consumption place with the mature automotive industry.
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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 global Auto Parts and Accessories market is valued at 1969100 million US$ in 2017 and will reach 2736600 million US$ by the end of 2025, growing at a CAGR of 4.2% during 2018-2025.
The major players covered in this report
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
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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