Press release
Global Auto Parts and Accessories Market accounted for USD 1969100 million in 2019 and is expected to reach around USD 2543700 million globally by 2024, at a CAGR of 4.4% between 2019 and 2024
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.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.
The worldwide market for Auto Parts and Accessories is expected to grow at a CAGR of roughly 4.4% over the next five years, will reach 2543700 million US$ in 2024, from 1969100 million US$ in 2019.
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Market Segment by Manufacturers, this report covers
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
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Driveline & Powertrain
Interiors & Exteriors
Electronics
Bodies & Chassis
Seating
Lighting
Wheel & Tires
Others
Market Segment by Applications, can be divided into
OEMs
Aftermarket
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The Global Auto Parts and Accessories Market 2019 is further emphasis on the basis of product pricing, Auto Parts and Accessories production volume, data pertaining to demand and Auto Parts and Accessories supply, and the revenue garnered by the product. The report offers upstream and downstream analysis covering major raw material used in manufacturing of Auto Parts and Accessories along with detailed manufacturing sources. The report also offers list of major raw material manufacturers along with their manufacturing locations. Comprehensive raw material price trend analysis along with manufacturing cost analysis is also incorporated into the report. Diverse methodical tools such as investment returns, feasibility, SWOT analysis and market attractiveness analysis has been implemented in the research study to show a comprehensive, detailed research study of the industry for Auto Parts and Accessories across the globe.
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