Auto parts and components include bodies, chassis, interiors, exteriors, seating, powertrains, electronics, mirrors, closures, roof systems & modules, etc. All the parts and components are installed in a car to supply the best driving experience.
The classification of Auto Parts and Accessories includes Driveline & Powertrain, Interiors & Exteriors, Electronics, Bodies & Chassis, Seating, Lighting, Wheel & Tires, etc. The proportion of Driveline & Powertrain in 2016 is about 25%, and the proportion is in decreasing trend from 2012 to 2016.
Auto Parts and Accessories is widely used in OEM and Aftermarkets. The former account for market share more than 67%, while the latter account for the rest. For frequently replaced parts and components, the price in Aftermarket generally lower.
China is the largest consumption place, with a consumption market share nearly 25% in 2016 due to the fast growing automotive industry. Following China, USA and Europe are also the important consumption place with the mature automotive industry.
Market concentration degree is not high for the total market as the top 30 manufacturers occupied market share about 27%. While for one kind part or component, the market concentration degree may be high.
According to this study, over the next five years the Auto Parts and Accessories market will register a 4.4% CAGR in terms of revenue, the global market size will reach USD 2543700 million by 2024, from USD 1969100 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Auto Parts and Accessories business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Auto Parts and Accessories market by product type, application, key manufacturers and key regions and countries.
This study considers the Auto Parts and Accessories value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Driveline & Powertrain
Interiors & Exteriors
Electronics
Bodies & Chassis
Seating
Lighting
Wheel & Tires
Others
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
OEMs
Aftermarket
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Robert Bosch
Denso Corp.
Magna International
Continental
ZF Friedrichshafen
Hyundai Mobis
Aisin Seiki
Faurecia
Lear Corp.
Valeo
Delphi Automotive
Yazaki Corp.
Sumitomo Electric
JTEKT Corp.
Thyssenkrupp
Mahle GmbH
Yanfeng Automotive
BASF
Calsonic Kansei Corp.
Toyota Boshoku Corp.
Schaeffler
Panasonic Automotive
Toyoda Gosei
Autoliv
Hitachi Automotive
Gestamp
BorgWarner Inc.
Hyundai-WIA Corp.
Magneti Marelli
Samvardhana Motherson
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Auto Parts and Accessories consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Auto Parts and Accessories market by identifying its various subsegments.
Focuses on the key global Auto Parts and Accessories manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Auto Parts and Accessories with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Auto Parts and Accessories submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
