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Report overview
This report aims to provide a comprehensive presentation of the global market for Automotive Components, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Components. This report contains market size and forecasts of Automotive Components in global, including the following market information:
The global Automotive Components market was valued at US$ 1513090 million in 2022 and is projected to reach US$ 1980920 million by 2029, at a CAGR of 3.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The classification of Automotive Parts and Components includes Driveline & Powertrain, Interiors & Exteriors, Electronics, Bodies & Chassis, Seating, Wheel & Tires, etc. The proportion of Driveline & Powertrain in 2019 is about 24.79%, and the proportion is in decreasing trend from 2015 to 2019.
Automotive Parts and Components is widely used in OEM and Aftermarkets. The former accounts for market share more than 67.04%, 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 25.17% in 2019 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 20 manufacturers occupied market share about 23.74%. While for one kind part or component, the market concentration degree may be high.
In 2020, Automotive Parts and Components will be affected by the decline in global automobile production and consumer demand, shutdowns, supply chain disruptions and other adverse factors.
We surveyed the Automotive Components companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Components Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Automotive Components Market Segment Percentages, by Type, 2022 (%)
Global Automotive Components Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Automotive Components Market Segment Percentages, by Application, 2022 (%)
Global Automotive Components Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Automotive Components Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Components revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Automotive Components revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: