Global Automotive Parts and Components
Market Report
2025
As per Cognitive Market Research's latest published report, the Global Automotive Parts and Components market size was $2203.42 Million in 2022. Automotive Parts and Components Industry's Compound Annual Growth Rate will be 3.8% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Automotive Parts and Components market size was $2203.42 Million in 2022. Automotive Parts and Components Industry's Compound Annual Growth Rate will be 3.8% from 2023 to 2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Automotive Parts and Components Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 3.8% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Automotive Parts and Components industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Automotive Parts and Components Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Automotive parts and components refer to the various elements that are used in the production and maintenance of vehicles, including cars, trucks, and other motorized vehicles. These parts and components can include everything from engines and transmissions to brakes, suspension systems, steering systems, electrical systems, and more. There are numerous manufacturers and suppliers of automotive parts and components around the world, ranging from large multinational corporations to smaller, specialized companies. These companies use a wide range of materials and manufacturing processes to produce their products, including metals, plastics, and composites, as well as casting, machining, forging, and other techniques.
The growing global population and rising incomes are driving the demand for vehicles, which in turn is increasing the demand for automotive parts and components. The automotive industry is rapidly evolving, with new technologies such as electric and autonomous vehicles driving the demand for innovative automotive parts and components. The automotive industry is increasingly focused on reducing its environmental impact, which is driving the demand for sustainable and eco-friendly automotive parts and components. Governments around the world are implementing stricter regulations and safety standards for vehicles, which is driving the demand for high-quality automotive parts and components. The automotive industry is becoming increasingly globalized, with manufacturers and suppliers operating across borders and regions, which is driving the demand for automotive parts and components on a global scale.
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Though Dynax has been developing friction components for the automotive industry for almost 50 years, and in-wheel motor technology for the last decade, it is only the beginning of its plan to become an EV manufacturing specialist. Since its foundation in 1973, Dynax has researched, developed, and designed products such as wet-type friction plates, clutch pack assemblies, and synchronizer rings. However, with the transition from internal combustion engines to electric vehicles (EVs), manufacturers involved in automotive components like Dynax are having to respond and adapt.
Top Companies Market Share in Automotive Parts and Components Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
On the basis of region, North America is dominating the global automotive parts and components market. North America is a significant region in the automotive parts and components market, with the United States and Canada being the major markets in the region. The North American market is one of the largest automotive markets in the world, with a high demand for vehicles. The growing population and rising income levels are driving the demand for vehicles, which in turn is increasing the demand for automotive parts and components. The automotive industry in North America is rapidly evolving, with new technologies such as electric and autonomous vehicles driving the demand for innovative automotive parts and components. The region is home to some of the largest automotive manufacturers and suppliers in the world, such as General Motors, Ford, and Magna International, which drives the market growth.
The current report Scope analyzes Automotive Parts and Components Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Automotive Parts and Components Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive Parts and Components Industry growth. Automotive Parts and Components market has been segmented with the help of its Type, Application , and others. Automotive Parts and Components market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
In order to shape the structure and growth potential of the business, the Automotive Parts and Components market is usually categorized by Type. Businesses can prioritize expenditures, spur innovation, and modify products to satisfy changing customer needs by identifying high-performing product categories through market analysis by Type. Businesses can remain ahead of market changes by strategically concentrating on the most profitable prospects by analyzing the demand trends and performance indicators of each segment. Businesses can use this knowledge to guide long-term strategy planning and resource allocation by identifying which market segments are likely to see slower or stagnant growth and which are positioned for rapid increase.
Type of Automotive Parts and Components analyzed in this report are as follows:
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Based on applications, the market is segmented into OEMs and Aftermarket. The OEM segment has the highest market share in the automotive parts and components market due to the high demand for new vehicles and the higher prices of OEM parts. However, the aftermarket segment is also a significant market with a strong demand for replacement parts and upgrades.The OEM segment includes the parts and components that are used in the production of new vehicles by original equipment manufacturers. This segment includes parts such as engines, transmissions, chassis, and other components that are installed during the manufacturing process. The OEM segment typically has a higher market share compared to the aftermarket due to the higher prices of OEM parts and the fact that new vehicles require OEM parts.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Research Associate at Cognitive Market Research
Sumedha Gosavi is a Research Analyst with a specialized focus on the automobile and transportation sectors. With over two years of experience, she excels in conducting in-depth secondary research, competitive analysis, and market forecasting to deliver actionable insights that drive strategic decision-making.
In her current role, Sumedha leads research initiatives in the dynamic fields of automotive and transportation, identifying key trends, technological advancements, and market opportunities. Her ability to craft tailored research methodologies and distill complex data into clear, impactful strategies has been instrumental in enhancing her organization’s competitive edge.
With a deep passion for innovation in mobility and a commitment to continuous learning, Sumedha remains at the forefront of industry developments. Her expertise and analytical acumen make her an invaluable asset in navigating the ever evolving landscape of automobile and transportation research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Automotive Parts and Components Market is witnessing significant growth in the near future.
In 2023, the Driveline and Powertrain segment accounted for noticeable share of global Automotive Parts and Components Market and is projected to experience significant growth in the near future.
The Original Equipment Manufacturers (OEMs) segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies DENSO Corporation, Hella KGaA Hueck & Co. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Driveline and Powertrain, Interiors and Exteriors, Electronics, Bodies and Chassis, Wheel and Tires, Other |
Application | Original Equipment Manufacturers (OEMs), Aftermarket |
List of Competitors | DENSO Corporation, Robert Bosch GmbH, Hella KGaA Hueck & Co., Nidec Corporation, ZF Friedrichshafen AG, Aisin Seiki Co. Ltd, Magneti Marelli SpA, Mitsubishi Electric Corporation, Continental AG, Delphi Automotive, Valeo Group, Mahle Group, Magna International Inc., Faurecia SA |
This chapter will help you gain GLOBAL Market Analysis of Automotive Parts and Components. Further deep in this chapter, you will be able to review Global Automotive Parts and Components Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Automotive Parts and Components. Further deep in this chapter, you will be able to review North America Automotive Parts and Components Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Automotive Parts and Components. Further deep in this chapter, you will be able to review Europe Automotive Parts and Components Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Automotive Parts and Components. Further deep in this chapter, you will be able to review Asia Pacific Automotive Parts and Components Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Automotive Parts and Components. Further deep in this chapter, you will be able to review South America Automotive Parts and Components Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Automotive Parts and Components. Further deep in this chapter, you will be able to review Middle East and Africa Automotive Parts and Components Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Automotive Parts and Components. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive Parts and Components market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Driveline and Powertrain have a significant impact on Automotive Parts and Components market? |
What are the key factors affecting the Driveline and Powertrain and Interiors and Exteriors of Automotive Parts and Components Market? |
What is the CAGR/Growth Rate of Original Equipment Manufacturers (OEMs) during the forecast period? |
By type, which segment accounted for largest share of the global Automotive Parts and Components Market? |
Which region is expected to dominate the global Automotive Parts and Components Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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