Automotive Parts Remanufacturing Market

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
Detailed Segmentation:
  • 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
  • By Country:
U.S.

Canada

Europe
  • By Country:
Germany

U.K.

France

Italy

Spain

Russia

Rest of Europe

Asia Pacific
  • By Country:
China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Latin America
  • By Country:
Argentina

Brazil

Mexico

Rest Of Latin America

Middle East
  • By Country:
GCC

Israel

Rest Of Middle East

Africa
  • By Country:
Northern Africa

Central Africa

Rest Of Middle East
  • Company Profiles
Valeo SA*
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/ Updates
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

“*” marked represents similar segmentation in other categories in the respective section- Forecast to 2030”


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
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