Asia Pacific Motor Vehicle Parts Market Growth 2021, COVID-19 Impact, And Top Key Players Like Robert Bosch; Denso Corporation; Magna International Inc
The global motor vehicle parts market is expected to grow from $2650.5 billion in 2020 to $2781.2 billion in 2021 at a compound annual growth rate (CAGR) of 5%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.The market is expected to reach $3810.1 billion in 2025 at a CAGR of 8%.
The Business Research Company offers “Motor Vehicle Parts Global Market Report 2021“ in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The motor vehicle parts market consists of sales of motor vehicle parts and related services by entities (organizations, sole traders and partnerships) that produce motor vehicle gasoline engines and engine parts, motor vehicle electrical and electronic equipment, motor vehicle steering and suspension components (except springs), motor vehicle brake systems, motor vehicle transmission and power train parts, motor vehicle seating and interior trim, motor vehicle metal stampings, and other motor vehicle parts and accessories.This market includes sales of rebuilt motor vehicle parts.This market includes sales of both new and used vehicles.The motor vehicle parts market is segmented into motor vehicle body, metal stamping & other parts; motor vehicle engine, power train & parts and motor vehicle electrical & electronic equipment, steering suspension, & interiors.
Some of the key players involved in the motor vehicle parts market are Robert Bosch; Denso Corporation; Magna International Inc; Aisin Group; Continental Automotive Systems Corporation
The countries covered in the global motor vehicle parts market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global motor vehicle parts market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Motor Vehicle Parts Market Segmentation:
1) By Type: Motor Vehicle Body, Stamped Metal & Other Parts, Motor Vehicle Engine, Power Train & Parts, Motor Vehicle Electrical & Electronic Equipment, Steering Suspension, & Interiors
2) By Application: Passenger Vehicle, Commercial Vehicle
3) By End Use: OEM, Aftermarket
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A Few Points From The Table Of Contents
1. Executive Summary
2. Report Structure
3. Motor Vehicle Parts Market Characteristics
4. Motor Vehicle Parts Market Product Analysis
5. Motor Vehicle Parts Market Supply Chain
21. Motor Vehicle Parts Market Competitive Landscape
22. Key Mergers And Acquisitions In The Motor Vehicle Parts Market
23. Market Background: Transportation Manufacturing Market
26. Copyright And Disclaimer
The report covers the trends and market dynamics of the motor vehicle parts market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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