Press release
Global Automotive Parts Remanufacturing Market to Reach USD 112.22 Billion by 2030, Growing at a CAGR of 6.8%
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ญ๐ฌ ๐๐๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐ญ๐จ ๐๐๐๐๐ก ๐๐๐ ๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐ญ ๐ ๐๐๐๐ ๐จ๐ ๐.๐%The Automotive Parts Remanufacturing Market was valued at USD 9.13 billion in 2023 and is projected to grow at a CAGR of 5.6%, reaching USD 14.89 billion by 2030. Increasing environmental concerns, cost-effective alternatives to new parts, and the rising demand for sustainable practices in the automotive sector are driving this market's expansion.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐ง๐ ๐๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐๐ ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง๐ฌ : As governments implement stricter environmental regulations, the demand for remanufactured automotive parts, which reduce waste and carbon footprint, continues to grow.
๐๐จ๐ฌ๐ญ-๐๐๐๐๐๐ญ๐ข๐ฏ๐๐ง๐๐ฌ๐ฌ : Remanufactured automotive parts offer significant cost savings over new parts, making them an attractive option for consumers and businesses alike.
๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐๐ข๐ง๐ญ๐๐ง๐๐ง๐๐ ๐๐ง๐ ๐๐๐ฉ๐๐ข๐ซ : The increasing average age of vehicles worldwide is driving demand for maintenance and repair services, fueling the need for remanufactured parts.
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ญ๐ฌ ๐๐๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐: ๐๐ญ๐ซ๐จ๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
In the US, the automotive parts remanufacturing market is experiencing significant growth due to rising environmental awareness and the increasing popularity of cost-effective vehicle repair solutions. Major companies such as BorgWarner Inc., Dana Incorporated, and Cardone Industries are playing a pivotal role in this market by offering high-quality remanufactured parts that meet OEM specifications. The demand for remanufactured parts is expected to continue growing as consumers and businesses increasingly look for eco-friendly alternatives.
๐๐จ๐จ๐ค๐ข๐ง๐ ๐๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ง๐จ๐ฐ : https://www.maximizemarketresearch.com/request-sample/77176/
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ญ๐ฌ ๐๐๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ฅ๐ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ
In Vietnam, the automotive parts remanufacturing market is in a growth phase as the country is becoming more conscious of sustainability and cost-efficiency. With the rise of the middle class and increasing car ownership, demand for automotive parts is growing. Companies like Toyota Vietnam and Vietnam Automobile Association are looking to integrate remanufacturing into their operations. The government's push for green technologies and the adoption of circular economy principles is expected to further fuel market growth.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ญ๐ฌ ๐๐๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐ง๐ญ๐๐ ๐ซ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ง๐๐ญ๐ซ๐๐ญ๐ข๐จ๐ง
In Thailand, the automotive parts remanufacturing market is benefiting from technological advancements and increased local manufacturing capabilities. The country is emerging as a hub for automotive parts production, with significant investment in remanufacturing processes. Companies like Siam Motors and Thai Summit Group are actively focusing on integrating advanced technologies such as automated systems and AI-driven diagnostics into remanufacturing processes. These advancements are improving efficiency and product quality, driving further market growth.
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ญ๐ฌ ๐๐๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐ข๐ง ๐๐๐ฉ๐๐ง: ๐๐๐๐๐ข๐ง๐ ๐ข๐ง ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ฑ๐ฉ๐จ๐ซ๐ญ
Japan remains one of the leading markets for automotive parts remanufacturing due to the country's strong automotive industry, technological advancements, and commitment to sustainability. The market is witnessing consolidation, with major players such as Aisin Seiki Co., Ltd. and JTEKT Corporation consolidating their positions through acquisitions and partnerships. Additionally, Japan's advanced manufacturing technologies are improving the quality and efficiency of remanufactured parts, positioning the country as a global leader in the remanufacturing market.
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ญ๐ฌ ๐๐๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐จ๐ฅ๐ ๐จ๐ ๐๐๐จ-๐ ๐ซ๐ข๐๐ง๐๐ฅ๐ฒ ๐๐๐ซ๐ญ๐ฌ
In South Korea, the automotive parts remanufacturing market is expanding rapidly, driven by growing demand for eco-friendly and sustainable alternatives to new automotive parts. The rise in electric vehicle (EV) adoption is also impacting the remanufacturing market, as EV components are remanufactured to extend their lifespan. Hyundai Motor Group and Kia Corporation are at the forefront of integrating remanufactured parts into their vehicle maintenance programs. South Korea's focus on green technologies is expected to drive further growth in this segment.
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ญ๐ฌ ๐๐๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐ฎ๐ฌ๐ก ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐ง๐ ๐๐จ๐ฌ๐ญ-๐๐๐๐๐๐ญ๐ข๐ฏ๐ ๐๐ฅ๐ญ๐๐ซ๐ง๐๐ญ๐ข๐ฏ๐๐ฌ
In Singapore, there is a significant focus on remanufacturing automotive parts as the country aligns itself with global sustainability goals. The government's support for circular economy models and green manufacturing practices is encouraging both large and small players in the industry to explore remanufacturing as a viable alternative. Companies such as Singapore Technologies Engineering are investing in remanufacturing technologies to meet the growing demand for eco-friendly vehicle components.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ญ๐จ๐๐๐ฒ :https://www.maximizemarketresearch.com/request-sample/77176/
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ค๐๐ฒ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ญ๐ก๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ญ๐ฌ ๐๐๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ :
๐๐ฒ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ ๐๐ฒ๐ฉ๐
Expanded polystyrene (EPS) panels
Polyurethane (PU) Panels
Glass wool panels
PF panels
Others
๐๐ฒ ๐๐จ๐ฎ๐ง๐ญ๐ข๐ง๐ ๐๐ฒ๐ฉ๐
Wall Panels
Roof Panels
Facade Panels
Others
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Aircraft
Transportation and Automotive
Construction
Cold rooms
Packaging
Others
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ : @https://www.maximizemarketresearch.com/market-report/global-automotive-parts-remanufacturing-market/77176/ ๏ปฟ
๐๐๐๐ซ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ญ๐จ๐ฉ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ข๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ญ๐ฌ ๐๐๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ :
1. Building Component Solutions LLC.,
2. Multicolor Steels (India) Pvt. Ltd.
3. Pioneer Coldstore & Cladding Pvt. Ltd.
4. Arcelor Mittal Construction
5. Areco, Pt.
6. Kyung Heung Indonesia
7. Dalal Steel Industries sarl
8. Vibgyor Steel
9. Alubel Spa
10.Balex Metal SP Z.O.O.
11. Fischer Profil GmbH
12. Safal Group
13. Paroc Group
14. SHMICO
15. Rautaruukki Corporation
16. DANA Group of Companies
17. INVESPANEL SL
18. Kingspan Group
19. Nucor Corporation
20. Assan Panel A.S.
21. Hoesch Siegerlandwerke GmbH
22. ArcelorMittal S.A.
๐๐๐ญ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ ๐ญ๐จ ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐ฌ๐ก๐๐ฉ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ญ๐ฌ ๐๐๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ :
What is Automotive Parts Remanufacturing ?
What is the growth rate of the Automotive Parts Remanufacturing Market?
Which are the factors expected to drive the Automotive Parts Remanufacturing market growth?
What is the CAGR at which the Automotive Parts Remanufacturing market will grow during the forecast period?
What are the different segments of the Automotive Parts Remanufacturing Market?
Which is the fastest growing region in the Automotive Parts Remanufacturing market?
What growth strategies are the players considering to increase their presence in Automotive Parts Remanufacturing ?
What are the upcoming opportunities and trends for the Automotive Parts Remanufacturing Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Automotive Parts Remanufacturing Market?
Who are the leading companies and what are their portfolios in Automotive Parts Remanufacturing Market?
What segments are covered in the Automotive Parts Remanufacturing Market?
Who are the key players in the Automotive Parts Remanufacturing market?
๐๐๐ข๐ง ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ฏ๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/77176/
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ.
Past Size and Competitive Landscape
โข Past Pricing and price curve by region
โข Size, Share, Size Forecast by different segment
โข Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โข Segmentation A detailed analysis by segment with their sub-segments and Region
โข Competitive Landscape Profiles of selected key players by region from a strategic perspective
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
โฆ Cider Market https://www.maximizemarketresearch.com/market-report/global-cider-market/27300/
โฆ India Gem & Jewellery Market https://www.maximizemarketresearch.com/market-report/india-gem-jewellery-market/122565/
โฆ India Bottled Water Market https://www.maximizemarketresearch.com/market-report/india-bottled-water-market/20197/
โฆ India Smart Home Installation Service market https://www.maximizemarketresearch.com/market-report/india-smart-home-installation-service-market/41757/
โฆ Global Upstream Petrotechnical Training Services Market https://www.maximizemarketresearch.com/market-report/global-upstream-petrotechnical-training-services-market/41423/
โฆ Global Ambient Light Sensor Market https://www.maximizemarketresearch.com/market-report/global-ambient-light-sensor-market/62760/
โฆ Global Body Scrub Products Market https://www.maximizemarketresearch.com/market-report/global-body-scrub-products-market/108141/
โฆ Global Safety Eyewear Market https://www.maximizemarketresearch.com/market-report/global-safety-eyewear-market/111306/
โฆ Digital Out of Home (DOOH) Market https://www.maximizemarketresearch.com/market-report/digital-out-of-home-dooh-market/146851/
โฆ Temporary Power Market https://www.maximizemarketresearch.com/market-report/global-temporary-power-market/105417/
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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๐๐๐๐๐ก ๐๐ฎ๐ญ ๐ญ๐จ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ซ ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ :
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Accord Market, recently published a detailed market research study focused on the โAutomotive Body Welded Assembly Marketโ across the global, regional and country level. The report provides 360ยฐ analysis of โAutomotive Body Welded Assembly Marketโ from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend ofโฆ