Auto Parts Market Expected To Grow At A CAGR Of 2.99% By 2025 | Technavio

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The auto parts market is fragmented and the degree of fragmentation will accelerate over the forecast period. The use of advanced technologies in the manufacturing of auto parts, increased production of consumer and passenger automobiles, and the digitization of auto repair and maintenance services will provide immense opportunities for growth. To take advantage of current opportunities, market sellers need to strengthen their presence in fast growing segments while maintaining their positions in slow growing segments.

Automotive Parts Market 2021-2025: Segmentation

  • Final user
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA

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Automotive Parts Market 2021-2025: Analysis and Scope of Suppliers
To help companies improve their position in the market, Technavio report provides a detailed analysis of the vendors operating in the market. Some of the major suppliers in the auto parts market include 3M Co., Continental AG, Cooper Tire and Rubber Co., Delphi Technologies Plc, DENSO Corp., General Motors Co., Marelli Holdings Co. Ltd., Robert Bosch GmbH, Tenneco Inc. and ZF Friedrichshafen AG.

The report also covers the following areas:

The use of advanced technology in the manufacture of auto parts will provide immense opportunities for growth. However, the counterfeiting of auto components will hamper the growth of the market.

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Auto Parts Market 2021-2025: Highlights

  • Market CAGR during the forecast period 2021-2025
  • Detailed information on the factors that will contribute to the growth of the auto parts market over the next five years
  • Estimation of auto parts market size and its contribution to parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the auto parts market
  • Market competitive landscape analysis and detailed supplier information
  • Complete details of the factors that will challenge the growth of Automotive Parts Market vendors

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  • Hydraulic Steering Systems Market by Application and Geographic Landscape – Forecast and Analysis 2021-2025: The hydraulic steering systems market has the potential to grow by 3,135.72,000 units from 2021 to 2025. Download an exclusive free sample report
  • Gasoline Particulate Filter Market for Passenger Cars Market by Geography – Forecast and Analysis 2021-2025: The market for gasoline particulate filters for passenger cars has the potential to grow by 5,578.90,000 units from 2021 to 2025. Get a free sample report

Scope of the auto parts market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Speed ​​up to a 2.99% CAGR

Market growth 2021-2025

$ 299.98 billion

Market structure

Fragmented

Annual growth (%)

2.82

Regional analysis

North America, Europe, APAC, South America and MEA

Efficient contribution to the market

60% APAC

Main consumer countries

United States, China, Germany, Japan and South Korea (Republic of Korea)

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

3M Co., Continental AG, Cooper Tire and Rubber Co., Delphi Technologies Plc, DENSO Corp., General Motors Co., Marelli Holdings Co. Ltd., Robert Bosch GmbH, Tenneco Inc. and ZF Friedrichshafen AG

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

Download a free sample report now to find successful business strategies deployed by companies in the auto parts market

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