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$ Billion), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2025– 2032), considering 2024 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:
- Engine & Related Parts
- Turbochargers
- EGR Valves
- Carburetors
- Transmission & Related
- Clutches
- Bearings
- Electrical & Electronics
- Starters
- Alternators
- Others
- Wheels & Brakes Related
- Hub Assemblies
- Master Cylinder
- Brake Calipers
- Bearings
- A/C Compressors
- Steering
- Fuel Systems
- Others
- Global Automotive Parts Remanufacturing Market, By Vehicle Type:
- Passenger Cars
- LCV
- HCV
- Off-road Vehicles
- All-terrain Vehicles
- Global Automotive Parts Remanufacturing Market, By Geography:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
- Company Profiles
- 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.
- Jasper Engines and Transmissions
- 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, 2020 –2032(US$ Million)
- Introduction
- Market Share Analysis, 2025 and 2032(%)
- Segment Trends
- Engine & Related Parts
- Introduction
- Market Size and Forecast, 2020–2032, (US$ Million)
- Turbochargers
- EGR Valves
- Carburetors
- Transmission & Related
- Introduction
- Market Size and Forecast, 2020–2032, (US$ Million)
- Clutches
- Bearings
- Electrical & Electronics
- Introduction
- Market Size and Forecast, 2020–2032, (US$ Million)
- Starters
- Alternators
- Others
- Wheels & Brakes Related
- Introduction
- Market Size and Forecast, 2020–2032, (US$ Million)
- Hub Assemblies
- Master Cylinder
- Brake Calipers
- Bearings
- A/C Compressors
- Introduction
- Market Size and Forecast, 2020–2032, (US$ Million)
- Steering
- Introduction
- Market Size and Forecast, 2020–2032, (US$ Million)
- Fuel Systems
- Introduction
- Market Size and Forecast, 2020–2032, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, 2020–2032, (US$ Million)
- 5. Global Automotive Parts Remanufacturing Market, By Vehicle Type, 2020–2032 (US$ Million)
- Introduction
- Market Share Analysis, 2025 and 2032(%)
- Segment Trends
- Passenger Cars
- Introduction
- Market Size and Forecast, 2020–2032, (US$ Million)
- LCV
- Introduction
- Market Size and Forecast, 2020–2032, (US$ Million)
- HCV
- Introduction
- Market Size and Forecast, 2020–2032, (US$ Million)
- Off-road vehicles
- Introduction
- Market Size and Forecast, 2020–2032, (US$ Million)
- All-Terrain Vehicles
- Introduction
- Market Size and Forecast, 2020–2032, (US$ Million)
- 6. Global Automotive Parts Remanufacturing Market, By Regions, 2020–2032 (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2025 and 2032(%)
- North America
- Regional Trends
- Market Size and Forecast, By Component Type, 2020–2032 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2020–2032 (US$ Million)
- Market Share Analysis, By Country, 2020 and 2032(%)
- U.S.
- Canada
- Europe
- Regional Trends
- Market Size and Forecast, By Component Type, 2020–2032 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2020–2032 (US$ Million)
- Market Share Analysis, By Country, 2020 and 2032(%)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Component Type, 2020–2032 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2020–2032 (US$ Million)
- Market Share Analysis, By Country, 2020 and 2032(%)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Component Type, 2020–2032 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2020–2032 (US$ Million)
- Market Share Analysis, By Country, 2020 and 2032(%)
- Argentina
- Brazil
- Mexico
- Rest Of Latin America
- Middle East
- Regional Trends
- Market Size and Forecast, By Component Type, 2020–2032 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2020–2032 (US$ Million)
- Market Share Analysis, By Country, 2020 and 2032(%)
- GCC
- Israel
- Rest of Middle East
- Africa
- Regional Trends
- Market Size and Forecast, By Component Type, 2020–2032 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2020–2032 (US$ Million)
- Market Share Analysis, By Country, 2020 and 2032(%)
- 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 2032”.
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