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Future Growth and Benefit in Automotive Parts Remanufacturing Market 30-50% Cost Benefit over High-quality Original Products to Accelerate Revenue Growth 2018-2026| ZF Friedrichshafen AG,Robert Bosch GmbH,Valeo SA ,Caterpillar,AB Volvo ,Carwood Group ,Mer

Future Growth and Benefit in Automotive Parts Remanufacturing

Persistence Market Research (PMR) analyzes the Automotive Parts Remanufacturing Market in its new publication titled “Automotive Parts Remanufacturing Market Global Industry Analysis 2013 – 2017 and Forecast 2018 – 2026”. This global study on the automotive Parts Remanufacturing provides data for 2017 along with the forecast for the period 2018 – 2026. The main objective of the global automotive parts remanufacturing report is to identify the dynamics in the market and provide recent updates that are affecting the various segments of the global automotive parts remanufacturing market. To provide a better understanding of the automotive parts remanufacturing market, the report also includes the analysis of global drivers, restraints and trends, which are influencing the current market scenario and will define the future status of the global automotive parts remanufacturing market over the forecast period.

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Automotive Parts Remanufacturing Market Analysis by Component

By component, electrical & electronics parts are projected to lead the automotive parts remanufacturing market in terms of value. The growth of this segment can be primarily attributed to increasing rate of replacement of alternators and starters. Engine and related parts also hold a significant value share in the automotive parts remanufacturing market, i.e. over 30%.

Automotive Parts Remanufacturing Market Analysis by Application

On the basis of application, the passenger cars segment is projected to register the highest CAGR growth and account for 37.1% of the total market share in the automotive parts remanufacturing market. Growing individual buying power and growing need for personal commute are some of the factors responsible for the growth of the segment in the global automotive parts remanufacturing market.

Automotive Parts Remanufacturing Market Analysis by Region

On a regional level, North America is projected to retain the lead in global automotive parts remanufacturing market, in terms of revenue share. Europe is estimated to follow North America and will reportedly generate significant demand for remanufactured automotive parts in the coming years. In terms of growth rate, China is estimated to lead the automotive parts remanufacturing market, followed by Latin America and South East Asia Pacific, as these regions are witnessing high volume automotive sales, subsequently followed by notable demand for automotive parts.

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Increasing Average Vehicular Age to Drive Demand for Replacement and Maintenance of Automotive Components

With improvements in material and technology used for automotive manufacturing, the average operational age of automotive vehicles has increased substantially. The number of vehicles more than 12 years in age is projected to increase by 15% over the next five years. The number of vehicles that are 16-24 years old increased 1.3X in 2015 as compared to 2000, which is expected to create significant demand for automotive parts remanufacturing market.
? As suggested by a recent consumer survey, a considerable number of people are consciously keeping their old cars as alternative vehicles rather than selling them. As a result of increasing vehicle age, there is a significant need for repair and replacement of parts, which is expected to drive the demand for automotive parts remanufacturing

Automotive Parts Remanufacturing Market Structure Analysis

The global automotive parts remanufacturing market is fairly fragmented, owing to the presence of a number of large multi-national corporations, followed by a fair share of domestic players spread across various regions.
The tier-I players are estimated to occupy approximately 25% - 30% of the automotive parts remanufacturing market, while the tier-II players are estimated to account for approximately 35%-45% of the market share. Tier-III players are estimated to account for approximately 25-35% of the market share in the automotive parts remanufacturing market.

Some of the key global market leaders in the automotive parts remanufacturing market are Volvo AB, Robert Bosch, BBB Industries, Cardone Industries, Valeo SA, Meritor Inc., ATC Drivetrain LLC, and Motor Parts of America, among others.

Key Questions Answered in this Automotive Parts Remanufacturing Market Report

How is the automotive parts remanufacturing market expected to grow over the projected period?

What are the key factors driving the automotive parts remanufacturing market?

What direction is the automotive parts remanufacturing market expected to take in terms of volume and value during the forecast period?

What are the predominant trends in the automotive parts remanufacturing market?

What are the major macro-economic factors impacting the growth of the automotive parts remanufacturing market?

What are the key opportunities in the automotive parts remanufacturing market for manufacturers?

What are the factors hampering the growth of the automotive parts remanufacturing market?

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Table Of Content:

1. Executive Summary
1.1. Market Outlook
1.2. Demand Trends
1.3. Supply Side Trends
1.4. PMR Analysis and Recommendations
1.5. Regional Comparison on the Basic of Key Factors
1.6. Global Legislative Landscape and Ease of Remanufacturing
1.7. Key Takeaways & Forecast Outlook

2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition

3. Market Viewpoint
3.1. Macro-Economic Factors
3.1.1. Global GDP Per Capita
3.1.2. Global Automotive Sector Outlook
3.1.3. Global Automotive Fleet On Road Outlook By Region
3.1.4. Global Passenger Car & Automotive Parts Remanufacturing Y-O-Y (%) Growth Projection Analysis
3.1.5. Global LCV & Automotive Parts Remanufacturing Y-O-Y (%) Growth Projection Analysis
3.1.6. Global HCV & Automotive Parts Remanufacturing Y-O-Y (%) Growth Projection Analysis
3.1.7. Regional Economic Growth
3.1.8. Global Population Outlook
3.1.9. Global Automotive Parts Remanufacturing Market: Supply Chain
3.2. Market Dynamics
3.2.1. Driver
3.2.2. Restraint
3.2.3. Opportunity
3.2.4. Trend
3.3. Forecast Factors: Relevance and Impact

4. Global Automotive Parts Remanufacturing Market Analysis 2013–2017 and Forecast 2018–2026
4.1. Introduction
4.1.1. Market Volume Projections
4.1.2. Market Size and Y-o-Y Growth
4.1.3. Absolute $ Opportunity
4.2. Automotive Parts Remanufacturing Market Value Chain Analysis
4.3. Global Automotive Parts Remanufacturing Pricing Analysis

5. Global Automotive Parts Remanufacturing Market Analysis 2013–2017 and Forecast 2018–2026, By Component
5.1. Introduction / Key Findings
5.2. Historical Market Size (US$ Mn) and Volume Analysis By Component, 2013 - 2017
5.3. Current Market Size (US$ Mn) and Volume Forecast By Component, 2018 - 2026
5.3.1. Engine & Related Parts
5.3.1.1. Turbocharger
5.3.1.2. Engine
5.3.1.3. Carburetors & Others

6. Global Automotive Parts Remanufacturing Market Analysis 2013–2017 and Forecast 2018–2026 By Vehicle Type
6.1. Introduction / Key Findings
6.2. Historical Market Size (US$ Mn) and Volume Analysis By Vehicle Type, 2013 - 2017
6.3. Current Market Size (US$ Mn) and Volume Forecast By Vehicle Type, 2018 - 2026
6.3.1. Passenger Vehicles
6.3.2. Light Commercial Vehicles
6.3.3. Heavy Commercial Vehicles
6.3.4. All-Terrain Vehicles
6.3.5. Off-Highway Vehicles
6.4. Market Attractiveness Analysis By Vehicle Type

7. Global Market Automotive Parts Remanufacturing Market Analysis 2013–2017 and Forecast 2018–2026 By Region
7.1. Introduction / Key Findings
7.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2013 - 2017
7.3. Current Market Size (US$ Mn) and Volume Forecast By Region, 2018 - 2026
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific (APAC)
7.3.5. Middle East & Africa (MEA)
7.4. Market Attractiveness Analysis By Region

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About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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