Press release
2024 Global Automobile Remanufacturing Market Size, Share, Trends And Growth Analysis Report | Toyota Motor Corporation, Robert Bosch GmbH, Caterpillar Inc
Automobile Remanufacturing Global Market Report 2024
As per the report, the automobile remanufacturing market size has grown rapidly in recent years. It will grow from $62.11 billion in 2023 to $68.71 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The automobile remanufacturing market size is expected to see strong growth in the next few years. It will grow to $98.88 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=12274&type=smp
Surging Vehicle Demand Propels Expansion In The Automobile Remanufacturing Market
Growing demand for vehicles is expected to propel the growth of the automobile remanufacturing market going forward. A vehicle refers to a piece of equipment, typically having wheels and an engine, used for land-based transportation of people or commodities. Automobile remanufacturing meets vehicle demand by rebuilding and recovering previously sold, used, or broken vehicles. Automotive remanufacturers offer a variety of remanufacturing components, such as transmissions, clutches, steering systems, and axle systems, for motor vehicles and trucks. For instance, in June 2023, according to MarkLines Co., Ltd., a Japan-based automotive industry portal, sales of new vehicles in the US reached 1,374,910 units in May 2023, representing an increase of 22.8% from May 2022. Therefore, the growing demand for vehicles is driving the growth of the automobile remanufacturing market.
Introduction Of Advanced Line Of Remanufactured Automotive Driveline Power Inverters
Product innovations are a key trend gaining popularity in the automobile remanufacturing market. Major companies operating in the automobile remanufacturing market are innovating new remanufactured products to sustain their position in the market. For instance, in June 2023, Blue Streak Electronics, a Canada-based producer of automotive remanufactured electronics, launched a line of remanufactured automotive driveline power inverters. These inverters undergo a protracted remanufacturing process that includes intensive testing, refurbishment, and replacement of critical components to guarantee optimum performance, dependability, and lifetime. It converts the DC power from the vehicle's battery into AC power for the driveline systems and charges the battery. Customers may anticipate a product that operates on par with completely new power inverters while reducing waste and carbon footprints.
The automobile remanufacturing market covered in this report is segmented -
1) By Type: Engine, Transmission, Starter, Generator, Other Types
2) By Manufacturer: Original Equipment Manufacturer (OEM) Remanufacturers, Independent Remanufacturers, Subcontracted Remanufacturers
3) By Application: Passenger Vehicles, Commercial Vehicles
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=12274&type=discount
Major companies operating in the automobile remanufacturing market report are Toyota Motor Corporation, Robert Bosch GmbH, Caterpillar Inc., Denso Corporation, ZF Friedrichshafen AG, Continental AG, Volvo Car Corporation, Cummins Inc., Valeo SA, Eaton Corporation plc., Tenneco Inc., Schaeffler Group, TRW Automotive Holdings Corp., BorgWarner Inc., LKQ Corporation, Marelli Europe S.p.A, Knorr-Bremse AG, Navistar Inc., GKN Automotive Limited, Garrett Motion Inc., Standard Motor Products Inc., Remy International Inc., BBB Industries, Jasper Engines and Transmissions, Cardone Industries Inc., Detroit Diesel Corporation, BORG Automotive AS, Maval Industries LLC., AMS Automotive LLC., WABCO Holdings Inc.
Contents of the report:
1. Executive Summary
2. Automobile Remanufacturing Market Report Structure
3. Automobile Remanufacturing Market Trends And Strategies
4. Automobile Remanufacturing Market - Macro Economic Scenario
5. Automobile Remanufacturing Market Size And Growth
…..
27. Automobile Remanufacturing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/automobile-remanufacturing-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 2024 Global Automobile Remanufacturing Market Size, Share, Trends And Growth Analysis Report | Toyota Motor Corporation, Robert Bosch GmbH, Caterpillar Inc here
News-ID: 3589656 • Views: …
More Releases from The Business Research Company
Leading Companies Fueling Growth and Innovation in the Sun Care Products Market
The sun care products market is on track for substantial expansion as consumer awareness about skin protection intensifies worldwide. With evolving preferences and technological advancements shaping product offerings, this sector is set to witness robust growth in the coming years. Let's explore the market's size projections, key players, emerging trends, and major segments driving its development through 2030.
Projected Size and Growth Trajectory of the Sun Care Products Market
The…
Future Perspectives: Key Trends Shaping the Styrene Butadiene Rubber (SBR) Based …
The styrene butadiene rubber (SBR) based adhesive market is on track for notable growth as we approach 2030. Driven by a variety of factors including expanding infrastructure projects and rising demand across multiple industries, this sector is poised for steady expansion. Let's explore the market's size projections, key players, emerging trends, and the main segments shaping its future.
Projected Growth and Market Size of Styrene Butadiene Rubber Based Adhesives
The…
Emerging Sub-Segments Transforming the Stearic Acid Market Landscape
The stearic acid market is poised for significant expansion in the coming years, driven by evolving demand across various industries. This report explores the projected market size, leading companies, key trends, and segment analysis shaping the future of this vital chemical.
Stearic Acid Market Size and Growth Outlook
The stearic acid market is set to grow robustly, reaching a valuation of $54.63 billion by 2030. This represents a compound annual…
Market Trend Insights: The Impact of Recent Innovations on the Specialty Pestici …
The specialty pesticides sector is on the verge of significant expansion as global agricultural practices continue to evolve. Driven by increasing demand for crop protection and sustainable farming techniques, this market is set to experience robust growth in the coming years. Let's explore the market's anticipated value, leading companies, emerging trends, and detailed segmentation to gain a comprehensive understanding of this dynamic industry.
Projected Market Size and Growth Expectations for Specialty…
More Releases for Automobile
Changan Automobile Unveils Multi-Brand Lineup at the 2025 Guangzhou Internationa …
The 2025 Guangzhou International Automobile Exhibition kicked off on Friday, and Changan Automobile unveiled its CHANGAN DEEPAL, and AVATR brands-presenting over 20 digital and intelligent new products and more than 10 cutting-edge technologies.
Image: https://www.globalnewslines.com/uploads/2025/11/158e9b8db3023ecb1794d02f02332dc6.jpg
Changan's open, collaborative approach aligns with Guangzhou's Maritime Silk Road heritage. As China's auto industry transitions from "catching up in technology" to "global expression," Changan is leading the charge with a more technological, confident, and systematic approach,…
Automobile E-Axle Market Witnesses Rapid Expansion with Rising Adoption in Autom …
New Jersey, US State: "The global Automobile E-Axle market in the Automobile and Transportation category is projected to reach USD 18.2 billion by 2031, growing at a CAGR of 15.5% from 2025 to 2031. With rising industrial adoption and continuous innovation in Automobile and Transportation applications, the market is estimated to hit USD 6.5 billion in 2024, highlighting strong growth potential throughout the forecast period."
Automobile E-Axle Market Size & Forecast…
Mini Car Market is Booming Worldwide | SAIC GM Wuling, Chang'an Automobile Co., …
Advance Market Analytics published a new research publication on "Mini Car Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Mini Car market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
What's driving the Automobile Air Conditioning Market trends? Delphi Automotive, …
Scope of the Report:
The worldwide market for Automobile Air Conditioning is expected to grow at a CAGR of roughly over the next five years, will reach million US$ in 2024, from million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Automobile Air Conditioning in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes…
Mini Car Market is Thriving Worldwide| SAIC GM Wuling, Changan Automobile, Hafei …
Latest Study on Industrial Growth of Global Mini Car Market 2019-2025. A detailed study accumulated to offer Latest insights about acute features of the Mini Car market. The report contains different market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends…
Automobile Wheel Hub Motor Market
https://www.qandqmarketresearch.com/reports/7159405/automobile-wheel-hub-motor-market-19
This industry study presents the global Automobile Wheel Hub Motor market size, historical breakdown data 20132018 and forecast 20182025. The Automobile Wheel Hub Motor production, revenue and market share by manufacturers, key regions and type;
The consumption of Automobile Wheel Hub Motor in volume terms are also provided for major countries or regions, and for each application and product at the global level. Market share, growth rate, and competitive factors are…
