Auto Parts and Accessories Market Analysis & Trends to 2025 – QY Research
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Los Angeles, CA -- (SBWire) -- 04/29/2019 --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.
The classification of Auto Parts and Accessories includes Driveline & Powertrain, Interiors & Exteriors, Electronics, Bodies & Chassis, Seating, Lighting, Wheel & Tires, etc. The proportion of Driveline & Powertrain in 2016 is about 25%, and the proportion is in decreasing trend from 2012 to 2016.
Auto Parts and Accessories is widely used in OEM and Aftermarkets. The former account for market share more than 67%, while the latter account for the rest. For frequently replaced parts and components, the price in Aftermarket generally lower.
China is the largest consumption place, with a consumption market share nearly 25% in 2016 due to the fast growing automotive industry. Following China, USA and Europe are also the important consumption place with the mature automotive industry.
Market concentration degree is not high for the total market as the top 30 manufacturers occupied market share about 27%. While for one kind part or component, the market concentration degree may be high.
The global Auto Parts and Accessories market was 1969100 million US$ in 2018 and is expected to 2736600 million US$ by the end of 2025, growing at a CAGR of 4.2% between 2019 and 2025.
This report studies the Auto Parts and Accessories market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Auto Parts and Accessories in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Calsonic Kansei Corp.
Toyota Boshoku Corp.
By the product type, the market is primarily split into
Driveline & Powertrain
Interiors & Exteriors
Bodies & Chassis
Wheel & Tires
By the end users/application, this report covers the following segments
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