Press release
Automotive Parts Remanufacturing Market is estimated to grow at a value CAGR of 7.1% over 2018-2026
Automotive Parts Remanufacturing Market
To remain 'ahead' of your competitors, request for a samples @ https://www.persistencemarketresearch.com/samples/10810
Automotive Parts Remanufacturing Market: Key Dynamics
Among the various key factors underpinning growth of the automotive parts remanufacturing market, economic costs of remanufactured parts will continue to be the most sought after one. Better warranty and improved environmental footprint will also remain important factors impacting demand growth of automotive parts manufacturing.
The global automotive parts remanufacturing market is witnessing notable growth attributed to the rising number of vehicles with an average age of more than 10 years. Rampant urban population growth in developing countries, subsequently leading to the critical need for personal vehicles for commuting, is particularly resulting in the escalating personal vehicular parc in overall transportation system.
Rise in adoption of electrical vehicles is however expected to hamper the growth of automotive parts remanufacturing market as it will challenge the sales of diesel and gasoline driven vehicles. EVs have fewer number of mechanical components, which in turn, will mask the role of aftermarket in automotive parts landscape. This according to PMR will pose a strong threat to automotive parts remanufacturing market.
Automotive Parts Remanufacturing Market: Segmentation Overview
Segmentation of the Automotive Parts Remanufacturing market on the basis of components: Under the components segment, the Engine and Related Parts segment is projected to have dominated the market with a market share of 30.3% in 2017 in the automotive parts remanufacturing market. The Electrical & Electronics parts segment is projected to register highest growth rate in terms of value CAGR during the forecast period in the automotive parts remanufacturing market
Segmentation of the Automotive Parts Remanufacturing market on the basis of vehicle type: In terms of Vehicles segment, the passenger vehicles segment is expected to dominate the automotive parts remanufacturing market owing to growing urban population and growing need for personal vehicles, especially in emerging countries, such as India and China. The growing average age of personal vehicles is also expected to be one of the main factors driving the growth of automotive parts remanufacturing market
For critical insights on this market, request for customization here @ https://www.persistencemarketresearch.com/request-customization/10810
Automotive Parts Remanufacturing Market: Regional Overview
North America is estimated to hold major market share in the Global automotive parts remanufacturing market owing to the presence of a large number of aged automobile vehicles and a large automotive fleet. Europe is projected to follow North America in terms of market share as the region is an automotive manufacturing hub as well as due to high volume sales of passenger vehicles. The region is also estimated to create highest incremental $ opportunity in the global automotive parts remanufacturing market. In terms of growth rate, China is estimated to lead the automotive parts remanufacturing market. The automotive parts remanufacturing market has been projected to register a CAGR of 13.3% over the projection period, in China.
Global Automotive Parts Remanufacturing Market, by Components
Components
Engine & Related Parts
Turbocharger
Engine
Carburetors & Others
Transmission & Others
Gearbox
Clutches
Other transmission components
Electrical & Electronics
Starters
Alternators
Others
Wheels & Brakes
Hub Assemblies
Master Cylinders
Brake Calipers
Bearings
A/C Compressors
Steering
Fuel systems
Others
vehicle type
Passenger Cars
LCVs
HCVs
Off Road Vehicles
All-Terrain Vehicle
region/country
North America
Latin America
Europe
SEA & Pacific
China
MEA
Buy Full Report Now @ https://www.persistencemarketresearch.com/checkout/10810
Automotive Parts Remanufacturing Market: Vendor Insights
The Automotive Parts Remanufacturing market is fairly fragmented, characterized by strong presence of a number of large multi-national corporations and a fairly high number of domestic players spread across various regions. The report highlights some of the leading players in the global Automotive Parts Remanufacturing market, such as Volvo AB, Robert Bosch, BBB Industries, Cardone Industries, Valeo SA, Meritor Inc., ATC Drivetrain LLC and Motor Parts of America, among others.
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
About us: -
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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 Automotive Parts Remanufacturing Market is estimated to grow at a value CAGR of 7.1% over 2018-2026 here
News-ID: 2878635 • Views: …
More Releases from Persistence Market Research
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview:
The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period.
Market Size and Growth:
The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and…
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction
Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities.
Get Access To…
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview:
The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033.
The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an…
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products.
To obtain the latest market…
More Releases for Parts
Global Gas Turbine Parts market: Key Market Developments and Innovations in 2022 …
"
The Gas Turbine Parts global market is thoroughly researched in this report, noting important aspects like market competition, global and regional growth, market segmentation and market structure. The report author analysts have estimated the size of the global market in terms of value and volume using the latest research tools and techniques. The report also includes estimates for market share, revenue, production, consumption, gross profit margin, CAGR, and other key…
Reverse Engineering Bespoke Parts
We use the data gathered during the inspection to replicate the design, create a 3D model from CAD drawings, and generate a functioning part that meets your performance expectations. When this process is complete, the customer has the exact instructions he needs to replicate the part exactly as it needs to be, saving a lot of time and money in retrospect. Reverse engineering enables the duplication of existing parts by…
Wear Parts Market is Booming Worldwide| Castolin Eutectic, LSW Wear Parts, Redex …
HTF MI recently introduced Global Wear Parts Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Castolin Eutectic, Wear Parts Services, Borox, CPC, Palbit, Redexim, Magotteaux, Whites…
PAPERLESS PARTS’ SMART MARKETPLACE FOR SOURCING CUSTOM PARTS OFFICIALLY LAUNCH …
BOSTON, MA, (November 11, 2017) — Paperless Parts, a leading manufacturing intelligence technology company, today announced the full-scale launch of their custom part marketplace to product developers across the US. The Paperless platform gives product developers the ability to view instant quotes across multiple processes and material types for both additive and subtractive manufacturing. Instant quoting is a critical component that enables product development teams to iterate faster so…
Kubota Fulfills Parts Promise To Customers Keeping Parts Available for 20+ Years
Kubota Canada has been introducing groundbreaking tractor and utility vehicles for construction, commercial and residential use for 36 years. With an industry leading reputation for equipment that lasts; Kubota’s parts promise is what keeps customers coming back. Kubota is committed to keeping parts available for 20+ years; assuring the local Kubota dealer has quick access to the parts their customers need. That’s great news for Kubota customers, but presents…
Understanding the Appliance Parts
When using appliances in your home, every member of the household should be aware of these points.
• Locate and remedy any condition that produces an electrical shock be sure the appliance is properly grounded before its put back into use.
• Never use a piece of electrical appliances in a wet location or when you are wet, and never use it when touching another --rounded object such as a water pipe…
