Press release
Worldwide Auto Parts Manufacturing Market to Touch US$ 466 Bn by 2025
Persistence Market Research’s recent analytical report titled “Auto Parts Manufacturing Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)” focuses on various trends, developments, opportunities, restraints, drivers and challenges impacting the growth of the global market.
These factors vary in magnitude in different regions for which a detailed analysis is covered in this research report. Along with this, a competition assessment and forecast for a period of eight years from 2017-2025 are elaborated with respect to each segment and sub-segment of the global auto parts manufacturing market.
Request Sample Report@ https://www.persistencemarketresearch.com/samples/3544
There are several aspects that impact the growth of the global auto parts manufacturing market. Factors such as rising demand for high energy density batteries, manufacturing of brake pads with reduced level of copper and heavy metals, growing inclination towards technologically advanced products, wider scope for pumps as technology gains high traction, expansion and collaboration among manufacturers to increase market reach, increasing automotive production, increasing demand for lithium batteries and rising automotive production and vehicle parc are boosting the growth of the global auto parts manufacturing market.
However, aspects like low replacement rate and aftermarket potential for automotive pumps, increasing demand for electric vehicles, higher import taxes, threats from substitutes and alternatives, and mushrooming counterfeit auto parts have posed threats to the growth of the global market.
The global auto parts manufacturing market research report has analyzed some of the key players in the auto parts manufacturing market. Few of these players profiled in the report include Robert Bosch GmbH, Denso Corporation, Valeo SA, Continental AG, Aptiv PLC, ZF Friedrichshafen AG, Magna International Inc., Faurecia S.A., Magneti Marelli SpA, Aisin Seiki Co., Ltd., Brembo S.p.A., AKEBONO BRAKE INDUSTRY CO., LTD., Hella KGaA Hueck & Co., and ACDelco.
Download and View Report TOC, Figures and Tables @ https://www.persistencemarketresearch.com/market-research/auto-parts-manufacturing-market/toc
The global auto parts manufacturing market is segmented by component, by sales channel, by vehicle type and by region.
By component, the engine component segment is the largest with a high market valuation and is expected to dominate the global market in the coming years. The underbody component segment is the second largest in terms of value and is expected to significantly contribute to the growth of the parent segment.
By sales channel, the OEM segment is the most lucrative and is poised to grow at a comparatively higher CAGR than the aftermarket segment. The OEM segment also holds a high market share and is likely to lead the global market during the forecast period.
By vehicle type, the passenger cars segment is estimated to reach a value of around US$ 348 Bn and is projected to grow at a significant CAGR throughout the period of assessment. The LCV segment is the second largest segment with a noteworthy market valuation, thus contributing to the growth of the overall market.
By region, Asia Pacific is expected to show high market attractiveness in the coming years. This region currently reflects high growth potential and scope for the auto parts manufacturing market owing to a favorable environment and presents various growth opportunities to the manufacturers operating in this market. The auto parts manufacturing market in Asia Pacific is projected to grow at a moderate CAGR to reach a valuation of just under US$ 200 Bn by the end of the period of assessment.
Report overview @ https://www.persistencemarketresearch.com/market-research/auto-parts-manufacturing-market.asp
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
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 Worldwide Auto Parts Manufacturing Market to Touch US$ 466 Bn by 2025 here
News-ID: 942539 • Views: …
More Releases from Persistence Market Research Pvt. Ltd
Innovative Rehabilitation Technologies Drive Growth in Stroke Rehabilitation Mar …
Stroke Rehabilitation Market Size
The global stroke rehabilitation market size was valued at US$ 266.4 million in 2021 and is expected to grow at a CAGR of 9% from 2022 to 2032. Revenue generated from the sales of stroke rehabilitation solutions will surge to US$ 679.6 Million by the end of 2032.
The growth of the market is being driven by the increasing incidence of strokes, the growing demand for innovative rehabilitation…
Launch of New Laser-Based Devices by Key Players Fueling Growth of Global Aesthe …
Market Study on Aesthetic Lasers
The aesthetic lasers market reached US$2.8 billion in global revenue in 2021, and it will continue to expand quickly, with a value CAGR of 6.4%, to reach US$5.5 billion by the end of 2032. The growth of the market is being driven by the increasing demand for minimally invasive cosmetic procedures, rising disposable income, technological advancements, and growing medical tourism.
Stay Ahead with Market Intelligence Get Free…
Predictive Insights for Precision Medicine: The Global Biosimulation Market is S …
Biosimulation Market Research
The Global Biosimulation Market Size was valued at USD 2.9 billion in 2022 and is expected to reach USD 10.0 billion by 2030, registering a CAGR of 16.9% during the forecast period. The growth of the biosimulation market is being driven by the increasing use of biosimulation in a variety of applications, such as drug discovery, clinical trials, and toxicity prediction.
Market Overview
The biosimulation market has experienced rapid growth…
Wheelchair and Components Market: Growing Demand for Lightweight and Smart Wheel …
Wheelchair and Components Market
The global wheelchair and components market is projected to reach USD 17.9 billion by 2033, at a CAGR of 3.7% from 2022-2033. The growth of the market is driven by the increasing prevalence of disabilities, the rising geriatric population, and technological advancements in wheelchair design and manufacturing.
Click Here to Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/12961
The global wheelchair and components market has witnessed significant growth in…
More Releases for CAGR
Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.…
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn.
Predictive analytics is segmented into:
Risk management:…
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s…
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more…
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012…
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population.
ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and…
