Press release
Europe Automotive Parts Remanufacturing Market to Reach US$ 44 billion at a CAGR of over 7% end of 2031
Europe Automotive Parts Remanufacturing Market 2022
Over $22.6 billion is presently estimated to be invested on the remanufacturing of automotive parts in Europe. By 2031, it is anticipated that revenue from the remanufacturing of automobile parts will reach over US$ 44 billion, growing at a CAGR of over 7%. Demand for HCVs and LCVs will be fueled by expanding use of passenger cars for recreational activities, growing knowledge of remanufactured parts, and development in trade economics. These factors will support market growth.
Request For Free Sample Report Copy@https://www.persistencemarketresearch.com/samples/14263
Government regulatory activities may result in environmental pricing as they try to steadily increase resource productivity. A legal foundation for waste management in European nations, for instance, was provided by the Waste Directive 2008/98/EC of the European Council and the European Parliament. Furthermore, it introduced important terms, notions, and concepts as the polluter-pays principle and the hierarchy of waste. Stronger environmental product restrictions and novel taxation schemes for ecosystem services and resources are anticipated as part of Europe's forthcoming remedies.
Company Profiles-
• Borg Automotive A/S.
• Caterpillar Inc.
• ZF Friedrichshafen AG
• Carwood Group
• Meritor, Inc.
• Valeo SA
• Robert Bosch GmbH
• Monark Automotive GmbH
• Budweg Caliper A/S
• ATC Drivetrain
• RECRO Ltd.
• FZT Unna GmbH
• E. & U. Hetzel GmbH
• Autrans Transmissions Parts & Service B.V.
• Scandinavian Transmission Service AB
• VEGE Group
These factors are set to drive the industry for automotive parts remanufacturing in the European continent. Besides, market players are frequently involved in collaborations, mergers, and acquisitions so as to increase their footprint and market share.
In May 2021, Meritor, Inc. collaborated with Hexagon Purus, a global leader in zero-emission e-mobility. These companies will work together to integrate Meritor's Blue Horizon™ 14Xe™ integrated ePowertrain into Hexagon Purus' contracted projects, which include Class 6 & Class 7 trucks and Class 8 (6×4) vehicles. Production is scheduled to begin in 2021.
In February 2020, PE Automotive GmbH & Co. KG took over the trading business of Monark Automotive GmbH as well as the Monark brand.
Get Full Access of this Report and Get Up to 20% Discount@https://www.persistencemarketresearch.com/checkout/14263
Key Questions Answered in the Europe Automotive Parts Remanufacturing Market Report
• How is the Europe Automotive Parts Remanufacturing market expected to grow over the projected period?
• What direction is the Europe Automotive Parts Remanufacturing market expected to take in terms of volume and value during the forecast period?
• What is the impact of macroeconomic factors on the Europe Automotive Parts Remanufacturing market in future?
• What are the key market drivers in the Europe Automotive Parts Remanufacturing market?
• What are significant opportunities and improvement areas for Europe Automotive Parts Remanufacturing manufacturers?
• What are the key developments and trends taking over the Europe Automotive Parts Remanufacturing market?
• Which are the emerging countries that are expected to create significant growth opportunities in the Europe Automotive Parts Remanufacturing market?
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Complete Report Details@https://www.persistencemarketresearch.com/market-research/europe-automotive-parts-remanufacturing-market.asp
Key Stakeholders
Europe Automotive Parts Remanufacturing Market Manufacturers
Europe Automotive Parts Remanufacturing Market Distributors/Traders/Wholesalers
Europe Automotive Parts Remanufacturing Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
Request you to Read More-
Bicycle And Components Market - https://www.persistencemarketresearch.com/market-research/bicycle-and-components-market.asp
Automotive Parts Aftermarket - https://www.persistencemarketresearch.com/market-research/automotive-parts-aftermarket.asp
About us: -
Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
Contact Us:
Persistence market research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Germany Office:
Persistence Market Research
Potsdamer Platz 10 Haus 2, 5th Floor Berlin,
Germany 10785
Call +1 888-863-4084
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Europe Automotive Parts Remanufacturing Market to Reach US$ 44 billion at a CAGR of over 7% end of 2031 here
News-ID: 2813287 • Views: …
More Releases from Persistence Market Research
North America Household Washer and Dryer Market Set to Reach US$ 22.2 Bn by 2032 …
The North America household washer and dryer market is poised for steady growth, supported by rising demand for smart home appliances, changing lifestyle patterns, and technological enhancements in laundry equipment. The market is projected to reach US$ 17.3 billion in 2025, and with a CAGR of 3.5% from 2025 to 2032, it is expected to climb to US$ 22.2 billion by 2032.
➤ Download Your Free Sample & Explore Key Insights:…
Indoor Plants Market to Grow at 5.4% CAGR Through 2032 as Demand for Green Inter …
The global indoor plants market is poised for sustained expansion over the next several years. According to Persistence Market Research, the market is projected to grow from US$ 22.6 billion in 2025 to US$ 32.7 billion by 2032, reflecting a CAGR of 5.4% during the forecast period. This upward trajectory underscores the increasing consumer shift toward wellness-driven living, biophilic interiors, and nature-connected home environments.
➤ Download Your Free Sample & Explore…
UV Disinfection Equipment Market Poised for Strong 16.3% CAGR Growth Through 203 …
The global UV disinfection equipment market is poised for remarkable expansion over the next decade. Industry estimates indicate that the market will be valued at US$ 17.0 billion in 2025 and is projected to surge to US$ 48.9 billion by 2032, registering a powerful CAGR of 16.3% between 2025 and 2032. This accelerated growth reflects heightened global focus on safety, hygiene, water quality, and chemical-free disinfection methods across both residential…
Surfing Apparel and Accessories Market Booms at 5.5% CAGR Through 2031, Reports …
The global surfing apparel and accessories market is set for steady expansion over the next several years. According to industry estimates, the market is anticipated to rise from US$ 9.5 billion in 2024 to US$ 14.1 billion by 2031, reflecting a healthy CAGR of 5.5% during the forecast period. This upward trajectory highlights the increasing global appeal of surfing as both a sport and a lifestyle.
➤ Download Your Free Sample…
More Releases for Europe
2019 Strategy Consulting Market Analysis | McKinsey, The Boston Consulting Group …
Strategy Consulting Market reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as analyzing and understanding the market trends
Need for strategic planning in highly competitive environment and to develop business capabilities to meet & exceed the emerging requirements are the major drivers which help in surging…
Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The key players covered in this study
McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe…
Digital Strategy Consulting Market is Thriving Worldwide with Deloitte, McKinsey …
A Digital Strategy is a form of strategic management and a business answer or response to a digital question, often best addressed as part of an overall business strategy. A digital strategy is often characterized by the application of new technologies to existing business activity and focus on the enablement of new digital capabilities to their business.
A new report as a Digital Strategy Consulting market that includes a comprehensive analysis…
Strategy Consulting Market 2019: By McKinsey, The Boston Consulting Group, Bain …
This report studies the global Strategy Consulting market, analyzes and researches the Strategy Consulting development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
• McKinsey
• The Boston Consulting Group
• Bain & Company
• Booz & Co.
• Roland Berger Europe
• Oliver Wyman Europe
• A.T. Kearney Europe
• Deloitte
• Accenture Europe
Get Sample Report@ https://www.reporthive.com/enquiry.php?id=1247388&req_type=smpl&utm_source=AB
Market segment by Type, the product can be split into
• Operations Consultants
• Business Strategy Consultants
• Investment Consultants
• Sales and…
Strategy Consulting Market Analysis 2018: McKinsey, The Boston Consulting Group, …
Orbis Research Present’s “Global Strategy Consulting Market” magnify the decision making potentiality and helps to create an effective counter strategies to gain competitive advantage.
The global Strategy Consulting status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Strategy Consulting development in United States, Europe and China.
In 2017, the global Strategy Consulting market size was million US$ and it is expected to reach million…
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This…
