Global Auto Parts & Accessories Manufacturing - Industry Market Research Report

Global Auto Parts & Accessories Manufacturing - Industry Market Research Report

  • September 2021 •
  • 55 pages •
  • Report ID: 4248887 •
  • Format: PDF
Abstract

Global Auto Parts & Accessories Manufacturing
Over the five years to 2019, the Global Auto Parts and Accessories Manufacturing industry is expected to benefit from improving global economic conditions. Per capita income levels have climbed across the globe and the burgeoning middle classes in emerging economies have looked to purchase their own cars. A resurgence in demand for new automobiles has stimulated industry participation, as operators entered the industry to capitalize on domestic demand. Continued improvement in economic conditions enabled consumers to release pent-up demand for cars, supporting demand for upstream suppliers. Over the five years to 2024, the industry will continue to grow as demand from emerging economies supports revenue growth. Conversely, demand from developed economies will likely be more subdued relative to demand from emerging markets.

Companies in this industry manufacture motor vehicle parts and accessories other than engines, engines parts, batteries, bodies and chassis. Motor vehicle assembling is not included in this industry. Manufacturers typically supply parts and accessories to original equipment manufacturers (OEM) for use in the manufacturing of complete motor vehicles or for replacement parts in OEM dealerships. They also supply parts to the aftermarket.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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