Auto Parts Market Size to Grow by USD 324.52 Bn, Increased Use of Technological Advancement to Boost Market Growth - Technavio

NEW YORK, Oct. 12, 2022 /PRNewswire/ -- The "Auto Parts Market by End-user (OEM and Aftermarket) and Geography (North America, Europe, APAC, South America, and Middle East and Africa) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The potential growth difference for the auto parts market between 2021 and 2026 is USD 324.52 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Request a FREE PDF Sample Report

• Market Driver: The increased use of technological advances is driving the auto parts market growth. 3D printing technology is used to manufacture and fabricate auto parts. Most vehicles have parts incorporated into the assembly that are additively manufactured. These include auto parts such as gears, gearboxes, engine components, and brake components. The use of additive manufacturing technology reduces the weight of auto parts. Thus, the emergence of 3D printing in the automotive industry and the increasing demand for hybrid and all-electric vehicles are likely to boost the growth of the market during the forecast period. 
• Market Challenge: A sharp decline in automobile production and sales is challenging the auto parts market growth. The sales and production of automobiles were negatively impacted by the outbreak of COVID-19 across the world. High motorization rates in Europe and North America, a rise in tariffs on imported vehicles in China and the US, and the economic slowdown are expected to reduce the sales of vehicles in the coming years. Hence, several manufacturers have stopped vehicle production. These factors are expected to reduce the demand for auto parts and, in turn, impeded the growth of the market during the forecast period.

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By end-user, the OEM segment will be the largest contributor to market growth during the forecast period. OEM refers to companies that manufacture original auto parts such as steering, brakes, and other parts for newly constructed vehicles. OEM parts are made by specific manufacturers to align with the exact specification of a vehicle. Buyers prefer auto parts that are manufactured by OEMs, as it provides them an assurance of quality. Therefore, the OEM segment is expected to grow during the forecast period.

By geography, APAC will be the leading region with 38% of the market's growth during the forecast period. China and Japan are the key countries for the auto parts market in APAC.

View our FREE PDF Sample Report for additional insights into the contribution of all segments and regional opportunities in the report

• 3M Co.
• Aisin Corp.
• Akebono Brake Industry Co. Ltd.
• Brembo SpA
• Continental AG
• Cooper Tire and Rubber Co.
• Delphi Technologies Plc
• Denso Corp.
• Faurecia SE
• General Motors Co
• HELLA GmbH and Co. KG
• Lear Corp.
• Magna International Inc.
• Marelli Holdings Co. Ltd.
• Tenneco Inc.
• The Goodyear Tire and Rubber Co.
• Toyota Boshoku Corp.
• Valeo SA
• Robert Bosch GmbH
• ZF Friedrichshafen AG

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1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

• 5.1 Market segments 
• Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)

• 5.2 Comparison by End-user 
• Exhibit 26: Chart on Comparison by End-user
• Exhibit 27: Data Table on Comparison by End-user

• 5.3 OEM - Market size and forecast 2021-2026
• Exhibit 28: Chart on OEM - Market size and forecast 2021-2026 ($ billion)
• Exhibit 29: Data Table on OEM - Market size and forecast 2021-2026 ($ billion)
• Exhibit 30: Chart on OEM - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on OEM - Year-over-year growth 2021-2026 (%)

• 5.4 Aftermarket - Market size and forecast 2021-2026
• Exhibit 32: Chart on Aftermarket - Market size and forecast 2021-2026 ($ billion)
• Exhibit 33: Data Table on Aftermarket - Market size and forecast 2021-2026 ($ billion)
• Exhibit 34: Chart on Aftermarket - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Aftermarket - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by End-user 
• Exhibit 36: Market opportunity by End-user ($ billion)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026 
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Canada - Market size and forecast 2021-2026
• Exhibit 70: Chart on Canada - Market size and forecast 2021-2026 ($ billion)
• Exhibit 71: Data Table on Canada - Market size and forecast 2021-2026 ($ billion)
• Exhibit 72: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026
• Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 Japan - Market size and forecast 2021-2026
• Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
• Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
• Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 3M Co. 
• Exhibit 89: 3M Co. - Overview
• Exhibit 90: 3M Co. - Business segments
• Exhibit 91: 3M Co. - Key news
• Exhibit 92: 3M Co. - Key offerings
• Exhibit 93: 3M Co. - Segment focus

• 10.4 Continental AG 
• Exhibit 94: Continental AG - Overview
• Exhibit 95: Continental AG - Business segments
• Exhibit 96: Continental AG - Key news
• Exhibit 97: Continental AG - Key offerings
• Exhibit 98: Continental AG - Segment focus

• 10.5 Cooper Tire and Rubber Co. 
• Exhibit 99: Cooper Tire and Rubber Co. - Overview
• Exhibit 100: Cooper Tire and Rubber Co. - Product / Service
• Exhibit 101: Cooper Tire and Rubber Co. - Key offerings

• 10.6 Delphi Technologies Plc 
• Exhibit 102: Delphi Technologies Plc - Overview
• Exhibit 103: Delphi Technologies Plc - Business segments
• Exhibit 104: Delphi Technologies Plc - Key offerings
• Exhibit 105: Delphi Technologies Plc - Segment focus

• 10.7 Denso Corp. 
• Exhibit 106: Denso Corp. - Overview
• Exhibit 107: Denso Corp. - Business segments
• Exhibit 108: Denso Corp. - Key news
• Exhibit 109: Denso Corp. - Key offerings
• Exhibit 110: Denso Corp. - Segment focus

• 10.8 General Motors Co 
• Exhibit 111: General Motors Co - Overview
• Exhibit 112: General Motors Co - Business segments
• Exhibit 113: General Motors Co - Key news
• Exhibit 114: General Motors Co - Key offerings
• Exhibit 115: General Motors Co - Segment focus

• 10.9 Marelli Holdings Co. Ltd. 
• Exhibit 116: Marelli Holdings Co. Ltd. - Overview
• Exhibit 117: Marelli Holdings Co. Ltd. - Product / Service
• Exhibit 118: Marelli Holdings Co. Ltd. - Key news
• Exhibit 119: Marelli Holdings Co. Ltd. - Key offerings

• 10.10 Robert Bosch GmbH 
• Exhibit 120: Robert Bosch GmbH - Overview
• Exhibit 121: Robert Bosch GmbH - Business segments
• Exhibit 122: Robert Bosch GmbH - Key news
• Exhibit 123: Robert Bosch GmbH - Key offerings
• Exhibit 124: Robert Bosch GmbH - Segment focus

• 10.11 Tenneco Inc. 
• Exhibit 125: Tenneco Inc. - Overview
• Exhibit 126: Tenneco Inc. - Business segments
• Exhibit 127: Tenneco Inc. - Key news
• Exhibit 128: Tenneco Inc. - Key offerings
• Exhibit 129: Tenneco Inc. - Segment focus

• 10.12 ZF Friedrichshafen AG 
• Exhibit 130: ZF Friedrichshafen AG - Overview
• Exhibit 131: ZF Friedrichshafen AG - Business segments
• Exhibit 132: ZF Friedrichshafen AG - Key news
• Exhibit 133: ZF Friedrichshafen AG - Key offerings
• Exhibit 134: ZF Friedrichshafen AG - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 135: Inclusions checklist
• Exhibit 136: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 137: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 138: Research methodology
• Exhibit 139: Validation techniques employed for market sizing
• Exhibit 140: Information sources

• 11.5 List of abbreviations 
• Exhibit 141: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:[email protected]
Website: www.technavio.com/

SOURCE Technavio

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