Global Automotive Parts and Components Market Growth (Status and Outlook) 2023-2029

Global Automotive Parts and Components Market Growth (Status and Outlook) 2023-2029

Auto parts and components include bodies, chassis, interiors, exteriors, seating, powertrains, electronics, mirrors, closures, roof systems & modules, etc. All the parts and components are installed in a car to supply the best driving experience.

LPI (LP Information)' newest research report, the “Automotive Parts and Components Industry Forecast” looks at past sales and reviews total world Automotive Parts and Components sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Parts and Components sales for 2023 through 2029. With Automotive Parts and Components sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Parts and Components industry.

This Insight Report provides a comprehensive analysis of the global Automotive Parts and Components landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Parts and Components portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Parts and Components market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Parts and Components and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Parts and Components.

The global Automotive Parts and Components market size is projected to grow from US$ 1927790 million in 2022 to US$ 2273750 million in 2029; it is expected to grow at a CAGR of 2.4% from 2023 to 2029.

Robert Bosch, Denso Corp. , Magna International, Continental and ZF Friedrichshafen are the leaders of the Automotive Parts and Components industry, which take about 10% market share. China is the major region of the global market, which takes about 25% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Parts and Components market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Driveline & Powertrain
Interiors & Exteriors
Electronics
Bodies & Chassis
Seating
Lighting
Wheel & Tires
Others

Segmentation by application
OEMs
Aftermarket

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Robert Bosch
Denso Corp.
Magna International
Continental
ZF Friedrichshafen
Hyundai Mobis
Aisin Seiki
Faurecia
Lear Corp.
Valeo
Delphi Automotive
Yazaki Corp.
Sumitomo Electric
JTEKT Corp.
Thyssenkrupp
Mahle GmbH
Yanfeng Automotive
BASF
Calsonic Kansei Corp.
Toyota Boshoku Corp.
Schaeffler
Panasonic Automotive
Toyoda Gosei
Autoliv
Hitachi Automotive
Gestamp
BorgWarner Inc.
Hyundai-WIA Corp
Magneti Marelli
Samvardhana Motherson

Please note: The report will take approximately 2 business days to prepare and deliver.