Global Auto Parts Market 2021-2025 The analyst has been monitoring the auto parts market and it is poised to grow by $ 299.98 bn during 2021-2025, progressing at a CAGR of 2.99% during the forecast period. Our report on the auto parts market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increased usage of technological advancement in the global auto parts market and the growing innovations to comply with stringent norms. In addition, increased usage of technological advancement in the global auto parts market is anticipated to boost the growth of the market as well. The auto parts market analysis includes the end-user segment and geographic landscape.
The auto parts market is segmented as below: By End-user • OEM • Aftermarket
By Geographical Landscape • North America • Europe • APAC • South America • MEA
This study identifies the digitalization of automotive repair & maintenance servicesas one of the prime reasons driving the auto parts market growth during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on auto parts market covers the following areas: • Auto parts market sizing • Auto parts market forecast • Auto parts market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading auto parts market vendors that 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. Also, the auto parts market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Our reports have been used by over 10K customers, including:
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