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Automotive Components Market, Global Outlook and Forecast 2023-2029

Automotive Components Market, Global Outlook and Forecast 2023-2029

  • Published on : 22 May 2023
  • Pages :115
  • Report Code:SMR-7693742

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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:

  • Global Automotive Components Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global top five companies in 2022 (%)

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 (%)

  • Driveline & Powertrain
  • Interiors & Exteriors
  • Electronics
  • Bodies & Chassis
  • Seating
  • Wheel & Tires
  • Others

Global Automotive Components Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Automotive Components Market Segment Percentages, by Application, 2022 (%)

  • OEMs
  • Aftermarket

Global Automotive Components Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Automotive Components Market Segment Percentages, By Region and Country, 2022 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

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:

  • Denso Corp.
  • Robert Bosch
  • Magna International
  • ZF Friedrichshafen
  • Aisin Seiki
  • Continental
  • Hyundai Mobis
  • Lear Corp.
  • Valeo
  • Faurecia
  • Marelli
  • Yazaki Corp.
  • Sumitomo Electric
  • Aptiv
  • Panasonic Automotive
  • Mahle GmbH
  • Schaeffler
  • Toyota Boshoku Corp.
  • BorgWarner Inc.
  • Hyundai-WIA Corp.
  • Gestamp
  • Samvardhana Motherson
  • Hitachi Automotive
  • Autoliv
  • Yanfeng Automotive
  • Toyoda Gosei
  • Thyssenkrupp
  • JTEKT Corp.
  • BASF

Outline of Major Chapters:

  • Chapter 1: Introduces the definition of Automotive Components, market overview.
  • Chapter 2: Global Automotive Components market size in revenue.
  • Chapter 3: Detailed analysis of Automotive Components company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of Automotive Components in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: The main points and conclusions of the report.