Press release
[PDF] Automotive Parts Remanufacturing Market : New Most Well Guarded Secrets
What Is Automotive Parts Remanufacturing?Global automotive parts remanufacturing market refers to the rebuilding of products, components, and equipment of an automobile to its original design specifications through utilization of reused, repaired, and new components. These processes require replacement or repair of obsolete and worn out modules and components called the core. Components that can be rebuild include extensive range of engine and related parts, transmission and related, brakes, wheels, compressors, steering, and fuel systems among others.
Automotive Parts Remanufacturing Market Key Players:
Valeo SA, ZF TRW, Carwood Group, Robert Bosch GmbH, Meritor Inc., Monark Automotive GmbH, Budweg Caliper A/S, Genuine Parts Company, ATC Drivetrain Inc., Maval Manufacturing Inc., Teamec BVBA, Motorcar Parts of America, Inc., and Jasper Engines and Transmissions.
The global Automotive Parts Remanufacturing Market market is estimated to account for US$ 157,192.1 million by 2025
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Global Automotive Parts Remanufacturing Market - Insights Automotive parts remanufacturing market refers to the business involved in the manufacturing process that includes product dismantling, replacing and restoring components, and testing of whole product and the individual parts to its original design specifications. The performance parameters that are equal or better than the previous component along with lower cost and warranty periods offered by the remanufacturers are among the key factors fueling growth of the automotive parts remanufacturing market.
Automotive Parts Remanufacturing Market Taxonomy
Global Automotive Parts Remanufacturing Market, By Component Type:
Engine & Related Parts
Turbochargers
EGR Valves
Carburetors
Transmission & Related
Clutches
Bearings
Electrical & Electronics
Starters
Alternators
Others
Wheels & Brakes Related
Hub Assemblies
Master Cylinder
Brake Calipers
Bearings
A/C Compressors
Steering
Fuel Systems
Others
Global Automotive Parts Remanufacturing Market, By Vehicle Type:
Passenger Cars
LCV
HCV
Off-road Vehicles
All-terrain Vehicles
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Key features of the study:
This report provides in-depth analysis of Automotive Parts Remanufacturing market, market size (US$ Billion), and compound annual growth rate (CAGR %) for the forecast period (2020– 2027), considering 2019 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global Automotive Parts Remanufacturing market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies and future plans
Key companies covered as a part of this study include Valeo SA, ZF TRW, Carwood Group, Robert Bosch GmbH, Meritor Inc., Monark Automotive GmbH, Budweg Caliper A/S, Genuine Parts Company, ATC Drivetrain Inc., Maval Manufacturing Inc., Teamec BVBA, Motorcar Parts of America, Inc., and Jasper Engines and Transmissions.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, product up-gradation, market expansion, and marketing tactics
The global Automotive Parts Remanufacturing market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global Automotive Parts Remanufacturing market
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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