Global Automotive Parts Market Outlook, Industry Analysis and Prospect 2020

stiv smith

Summary - A new market study, titled “Global Automotive Parts Market Research Report 2020”has been featured on WiseGuy Reports.

China is the world’s largest market for automobiles and the world’s top auto producer. The Government of China has observed its automotive sector, including the auto parts industry, as a pillar industry for many years. The auto component industry in China, with a strong positive multiplier effect, is one of key drivers of China’s economic growth. The well-developed Chinese auto component industry manufactures a wide variety of products including engine parts, drive transmission and steering parts, body and chassis, suspension and braking parts, equipment and electrical parts, besides others. Leading Chinese players are adopting new techniques to provide advanced and innovative product offerings to their customers. Growing importance of automotive parts for Chinese consumers has empowered manufacturers to innovate and market a variety of applications, which is anticipated to stimulate demand.

Chinese automotive parts market is set to experience favorable growth driven by factors such as growing vehicle production, rising disposable income, rapid urbanization, growing importance of ADAS and surging electric car sales. The major trends observed in this market include rising demand fro electric vehicles, increasing penetration of electric power steering (EPS), technological advances among others. However, the growth of this budding market is constrained by challenges such as intense competition, growing concern of CO2 emissions and stringent government regulations.

ALSO READ :https://starsian.com/2020/11/%EC%A4%91%EA%B5%AD-%EC%9E%90%EB%8F%99%EC%B0%A8-%EB%B6%80%ED%92%88-%EC%8B%9C%EC%9E%A5-2020-%EC%84%B1%EC%9E%A5-%ED%81%AC%EA%B8%B0-%EC%A0%90%EC%9C%A0%EC%9C%A8-%EB%8F%99%ED%96%A5-%EB%B6%84%EC%84%9D/

The report “China Automotive Parts Market: Industry Analysis & Outlook (2018-2022)” analyses the development of the respective market. The major trends, growth drivers as well as issues being faced by the market are discussed in detail in this report. The four major players: Ningbo Joyson Electronic Corporation, Nexteer Automotive Group Ltd, Fuyao Glass Industry Group and Minth Group Ltd. are being profiled along with their key financials and strategies for growth.

FOR MORE DETAILS: https://www.wiseguyreports.com/reports/3683891-china-automotive-parts-market-industry-analysis-outlook-2018-2022

About Us:

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.

Contact Us:

NORAH TRENT

sales@WiseGuy Reports.com

Ph: +162-825-80070 (US)

Ph: +44 203 500 2763 (UK)

stiv smith

Growth Accelerated By Increasing Need For Sustainable Transportation

kiran gire 2024-01-11

Remanufactured automotive parts such as engines, transmissions, and turbochargers provide significant cost savings as compared to new parts, while fulfilling the same performance requirements. The global Automotive Parts Remanufacturing Market is estimated to be valued at US$2541. Many countries in Europe have implemented extended producer responsibility regulations targeting automotive waste, boosting demand for remanufactured vehicle parts. Segment Analysis The automotive parts remanufacturing market analysis is segmented based on components type into engine components, transmission components, electrical components, drivetrain components and others. Asia Pacific automotive parts remanufacturing market is projected to grow at fastest pace during the forecast period due to rapid motorization in China and India along with policy support for remanufacturing.

Automotive Suspension Parts Market Size, Opportunities, Driving Forces and Future Potential 2026

fairfieldmarketresearch 2022-01-03

com/report/automotive-suspension-parts-market/request-sampleIt is evident from the aforementioned discourse that the automotive suspension parts hold humongous utility across the motor vehicle manufacturing spectrum. Front- and Rear-End Suspension Parts to Experience Abundant DemandThe collective deployment of front- and rear-end suspension parts helps in fostering greater comfort and smoother driving experiences for passengers. Hydraulic Suspension Technology Continues to Woo Attention from ConsumersIn recent years, the popularity of hydraulic suspension technology has sent ripples across the entire industry. The collective vitality of the aforementioned technologies has given an impetus to the growth prospects of the global automotive suspension parts market. This factor shall help vendors of automotive suspension parts in pushing the boundaries of market expansion.

Increasing Vehicle Recycling Rates Is Fueling Growth Of Automotive Parts Remanufacturing Market

ashwinicmi 2023-12-13

81 Bn in 2023 and is expected to exhibit a CAGR of 8. Segment AnalysisThe global automotive parts remanufacturing market is segmented into engine & related parts, transmission & drivetrain, electric & electronics, suspension, brake, and others. This is due to the higher failure rates of engine components such as turbochargers, fuel pumps, and radiators as compared to other components. Key TakeawaysThe Global Automotive Parts Remanufacturing Market Size was valued at US$ 2541. Key PlayersKey players operating in the automotive parts remanufacturing market are Valeo SA, ZF TRW, Carwood Group, Robert Bosch GmbH, Meritor Inc.

Automotive Parts Remanufacturing Market Projected to Reach US$ 60.8 Billion by 2022

Pooja Khodke 2023-10-31

The global Automotive Parts Remanufacturing Market is estimated to be valued at US$ 60. This trend is expected to further drive the growth of the Automotive Parts Remanufacturing Market in the coming years. Segment Analysis:The automotive parts remanufacturing market can be segmented based on product type, vehicle type, and region. Additionally, remanufactured automotive parts are often more cost-effective than new parts, which is appealing to consumers and aftermarket service providers. In terms of regional analysis, North America is expected to be the fastest-growing and dominating region in the automotive parts remanufacturing market.

Automotive Performance Parts Market Share, Demand and Forecast Report 2030

amols shinde 2024-01-24

Trends in the Market:Consumer preference for holding onto used cars rather than selling them is reflected in market trends for automotive performance parts. The market for automotive performance parts is growing as a result of the increased maintenance and repairs required for older cars. Key players in The Automotive Performance Parts Market:Tenneco Inc. license=singleAbout We Market Research:WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. Robbin Joseph Corporate Sales, USA We Market Research USA: +1-724-618-3925 Websites: https://wemarketresearch.

Automotive Performance Parts Market 2022 Size, Growth Factors & Forecast Report to 2028

Anoki Sharma 2023-03-10

The global Automotive Performance Parts Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2022-2028. Get more information on "Global Automotive Performance Parts Market Research Report" by requesting FREE Sample Copy at https://www. Besides the above factors, the global automotive industry including automotive performance parts market is also seeing an increased number of safety standards and regulations across multiple regions which are expected to drive the growth of automotive performance parts market. Browse Global Automotive Performance Parts Market Research Report with detailed TOC at https://www. By Product Type· Exhaust Systems· Suspension Parts· Brakes· Fuel Air & Intake Systems· Transmission Parts· Power AddersBy Vehicle Type· Passenger Cars· Light Commercial Vehicles· Heavy Commercial VehiclesBy Sales Channel· First Fit· AftermarketRegional AnalysisThis section covers the regional outlook, which accentuates current and future demand for the Automotive Performance Parts market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

WHO TO FOLLOW