Automotive Parts Remanufacturing Market
Description
Automotive Parts Remanufacturing Market, By Component Type (Engine & Related Parts, Transmission & Related, Electrical & Electronic, Wheels & Brakes Related, A/C Compressors, Steering, Fuel Systems and others.), By Vehicle Type (Passenger Cars, LCV, HCV, Off-road Vehicles, All-Terrain Vehicles & Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Global automotive parts remanufacturing market refers to the rebuilding of products, components, and equipment of an automobile to its original design specifications through utilization of reused, repaired, and new components. These processes require replacement or repair of obsolete and worn out modules and components called the core. Components that can be rebuild include extensive range of engine and related parts, transmission and related, brakes, wheels, compressors, steering, and fuel systems among others.Market Dynamics:
According to the European Remanufacturing Network (ERN), the overall remanufacturing industry is expected to generate 500,000 jobs and could be valued at around US$ 110.9 billion by 2030, owing to supportive industry investments and government policies. The requirement to cope up with growing demands for automobile across the globe in conjunction with growing number of ageing vehicles, requirement to manage overall wastes, resource-efficient industry processes, and enhancement of overall profitability in the manufacturing processes is expected to fuel the overall industry demands. According to Coherent Market Insights, overall price reduction of the products up to 60% of the original equipment and the product warranties is expected to drive growth of automotive parts remanufacturing market.
Key features of the study:
- This report provides in-depth analysis of automotive parts remanufacturing market, market size (US$ Million), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2023– 2030), considering 2022 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global automotive parts remanufacturing market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, automotive parts remanufacturing market capital, key developments, strategies, and future plans
- Companies covered as part of this study include Valeo SA, ZF TRW, Carwood Group, Robert Bosch GmbH, Meritor Inc., Monark Automotive GmbH, Budweg Caliper A/S, Genuine Parts Company, ATC Drivetrain Inc., Maval Manufacturing Inc., Teamec BVBA, Motorcar Parts of America, Inc., and Jasper Engines and Transmissions
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
- The global automotive parts remanufacturing market report caters to various stakeholders in this industry including investors, manufacturers, new entrants, large and small industry participants, and financial analysts
- Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the global automotive parts remanufacturing market
- Global Automotive Parts Remanufacturing Market, By Component Type:
- Turbochargers
- EGR Valves
- Carburetors
- Clutches
- Bearings
- Starters
- Alternators
- Others
- Hub Assemblies
- Master Cylinder
- Brake Calipers
- Bearings
Steering
Fuel Systems
Others
- Global Automotive Parts Remanufacturing Market, By Vehicle Type:
LCV
HCV
Off-road Vehicles
All-terrain Vehicles
- Global Automotive Parts Remanufacturing Market, By Geography:
- By Country:
Canada
Europe
- By Country:
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
- By Country:
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
- By Country:
Brazil
Mexico
Rest Of Latin America
Middle East
- By Country:
Israel
Rest Of Middle East
Africa
- By Country:
Central Africa
Rest Of Middle East
- Company Profiles
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
Carwood Group
Robert Bosch GmbH
Meritor Inc.
Monark Automotive GmbH
Budweg Caliper A/S
Genuine Parts Company
ATC Drivetrain Inc.
Maval Manufacturing Inc.
Teamec BVBA
Motorcar Parts of America, Inc.
Jasper Engines and Transmissions
“*” marked represents similar segmentation in other categories in the respective section- Forecast to 2030”
Table of Contents
178 Pages
- 1. Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Component Type
- Market Snippet, By Vehicle Type
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Global Shortage of Raw Materials Required for Manufacturing of Automotive Components to Fuel the Market Growth
- Increasing Demand for Low-cost Vehicle Replacement Parts to Drive Market Growth
- Restraints
- Lack of Awareness Regarding Remanufactured Auto Parts Might Restrain Market Progress
- Market Opportunities
- Growing demand for remanufactured parts
- Increased focus on sustainability
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New system Launch/Approvals
- Value Chain Analysis
- Porter’s Analysis
- PEST Analysis
- 4. Global Automotive Parts Remanufacturing Market, By Component Type, 2017 –2030(US$ Million)
- Introduction
- Market Share Analysis, 2023 and 2030(%)
- Segment Trends
- Engine & Related Parts
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Turbochargers
- EGR Valves
- Carburetors
- Transmission & Related
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Clutches
- Bearings
- Electrical & Electronics
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Starters
- Alternators
- Others
- Wheels & Brakes Related
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Hub Assemblies
- Master Cylinder
- Brake Calipers
- Bearings
- A/C Compressors
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Steering
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Fuel Systems
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- 5. Global Automotive Parts Remanufacturing Market, By Vehicle Type, 2017–2030 (US$ Million)
- Introduction
- Market Share Analysis, 2023 and 2030(%)
- Segment Trends
- Passenger Cars
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- LCV
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- HCV
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Off-road vehicles
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- All-Terrain Vehicles
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- 6. Global Automotive Parts Remanufacturing Market, By Regions, 2017–2030 (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2023 and 2030(%)
- North America
- Regional Trends
- Market Size and Forecast, By Component Type, 2017–2030 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2017–2030 (US$ Million)
- Market Share Analysis, By Country, 2023 and 2030(%)
- U.S.
- Canada
- Europe
- Regional Trends
- Market Size and Forecast, By Component Type, 2017–2030 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2017–2030 (US$ Million)
- Market Share Analysis, By Country, 2023 and 2030(%)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Component Type, 2017–2030 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2017–2030 (US$ Million)
- Market Share Analysis, By Country, 2023 and 2030(%)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Component Type, 2017–2030 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2017–2030 (US$ Million)
- Market Share Analysis, By Country, 2023 and 2030(%)
- Argentina
- Brazil
- Mexico
- Rest Of Latin America
- Middle East
- Regional Trends
- Market Size and Forecast, By Component Type, 2017–2030 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2017–2030 (US$ Million)
- Market Share Analysis, By Country, 2023 and 2030(%)
- GCC
- Israel
- Rest of Middle East
- Africa
- Regional Trends
- Market Size and Forecast, By Component Type, 2017–2030 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2017–2030 (US$ Million)
- Market Share Analysis, By Country, 2023 and 2030(%)
- South Africa
- Central Africa
- Northern Africa
- 7. Competitive Landscape
- Company Profiles
- Valeo SA
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- ZF TRW
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Carwood Group
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Robert Bosch GmbH
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Meritor Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Monark Automotive GmbH
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Budweg Caliper A/S
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Genuine Parts Company
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- ATC Drivetrain Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Maval Manufacturing Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Teamec BVBA
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Motorcar Parts of America, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Jasper Engines and Transmissions
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Analyst Views
- 8. Section
- References
- Research Methodology
- About Us and Sales Contact
- *Browse 60 market data tables and 40 figures on "Global Automotive Parts Remanufacturing Market - Global forecast to 2030”.
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
