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Auto Parts Manufacturing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global auto parts manufacturing market is expected to exhibit a CAGR of around 3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Auto parts are the different components of the vehicle body that are utilized in the production of an automobile. They generally include motors and engines, braking systems, steering and suspension components, trimmers, and electronics. Auto parts manufacturing refers to the factory-production of these parts in bulk by vehicle production companies, sole traders, and partnered organizations that produce motor vehicles. The auto parts manufacturing process consists of supplying the parts and accessories by the manufacturers to original equipment manufacturers (OEMs) for the complete assembly of motor vehicles. Apart from this, auto parts manufacturing also encompasses producing spare or replacement parts in OEM dealerships and aftermarket.

Auto Parts Manufacturing Market Trends:

The market is primarily driven by the flourishing automotive industry. This can be attributed to the considerable rise in the production and repair of vehicles, along with the rapid digitization of automotive components. In line with this, with the escalating adoption of electric vehicles (EVs) among the masses, there has been a rising demand for new and innovative auto parts, which, in turn, is augmenting the market growth. Also, the implementations of stringent vehicle emission regulations by the governments of numerous countries have resulted in the manufacturing of effective and environmentally sustainable automobile parts, thereby providing an impetus to the market. The market is further driven by the rapidly increasing scrapping levels of motor vehicles and engines in an attempt to boost the demand for original equipment engines, which, in turn, is leading to a higher product uptake. Some of the other factors contributing to the market include the growing popularity of vehicle modifications and hybrid engines, extensive research and development (R&D) activities conducted by key players, and inflating disposable income levels of individuals.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global auto parts manufacturing market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component type, sales channel and vehicle type.

Breakup by Component Type:

  • Battery
  • Cooling System
    • Compressor
    • Radiator
    • Pump
    • Thermostat
  • Underbody Components
    • Brake
    • Exhaust
  • Engine Components
    • Starter
    • Pump
    • Engine
    • Alternator
  • Automotive Filter
  • Lighting Components
  • Electrical Components
    • Ignition Coil
    • Ignition Switch
    • Spark and Glow Plug
  • Others
     

Breakup by Sales Channel:

  • OEM
  • Aftermarket
     

Breakup by Vehicle Type:

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Aisin Corporation, Akebono Brake Industry Co. Ltd., Brembo S.p.A., Continental AG, DENSO Corporation, Faurecia SE, General Motors Company, Magna International Inc., Marelli Holdings Co. Ltd., Robert Bosch GmbH, Schaeffler AG and Valeo.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Component Type, Sales Channel, Vehicle Type, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Aisin Corporation, Akebono Brake Industry Co. Ltd., Brembo S.p.A., Continental AG, DENSO Corporation, Faurecia SE, General Motors Company, Magna International Inc., Marelli Holdings Co. Ltd., Robert Bosch GmbH, Schaeffler AG and Valeo.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global auto parts manufacturing market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global auto parts manufacturing market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component type?
  • What is the breakup of the market based on the sales channel?
  • What is the breakup of the market based on the vehicle type?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global auto parts manufacturing market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Auto Parts Manufacturing Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component Type
    6.1    Battery
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Cooling System
        6.2.1 Market Trends
        6.2.2 Key Segments
           6.2.2.1 Compressor
           6.2.2.2 Radiator
           6.2.2.3 Pump
           6.2.2.4 Thermostat
        6.2.3 Market Forecast
    6.3    Underbody Components
        6.3.1 Market Trends
        6.3.2 Key Segments
           6.3.2.1 Brake
           6.3.2.2 Exhaust
        6.3.3 Market Forecast
    6.4    Engine Components
        6.4.1 Market Trends
        6.4.2 Key Segments
           6.4.2.1 Starter
           6.4.2.2 Pump
           6.4.2.3 Engine
           6.4.2.4 Alternator
        6.4.3 Market Forecast
    6.5    Automotive Filter
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Lighting Components
        6.6.1 Market Trends
        6.6.2 Market Forecast
    6.7    Electrical Components
        6.7.1 Market Trends
        6.7.2 Key Segments
           6.7.2.1 Ignition Coil
           6.7.2.2 Ignition Switch
           6.7.2.3 Spark and Glow Plug
        6.7.3 Market Forecast
    6.8    Others
        6.8.1 Market Trends
        6.8.2 Market Forecast
7    Market Breakup by Sales Channel
    7.1    OEM
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Aftermarket
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Vehicle Type
    8.1    Passenger Cars
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Light Commercial Vehicles
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Heavy Commercial Vehicles
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Aisin Corporation
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Akebono Brake Industry Co. Ltd.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
        14.3.3    Brembo S.p.A.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
        14.3.4    Continental AG
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    DENSO Corporation
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Faurecia SE
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    General Motors Company
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Magna International Inc.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Marelli Holdings Co. Ltd.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Robert Bosch GmbH
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 SWOT Analysis
        14.3.11    Schaeffler AG
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
        14.3.12    Valeo
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials
           14.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Auto Parts Manufacturing Market: Major Drivers and Challenges
Figure 2: Global: Auto Parts Manufacturing Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Auto Parts Manufacturing Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Auto Parts Manufacturing Market: Breakup by Component Type (in %), 2021
Figure 5: Global: Auto Parts Manufacturing Market: Breakup by Sales Channel (in %), 2021
Figure 6: Global: Auto Parts Manufacturing Market: Breakup by Vehicle Type (in %), 2021
Figure 7: Global: Auto Parts Manufacturing Market: Breakup by Region (in %), 2021
Figure 8: Global: Auto Parts Manufacturing (Battery) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Auto Parts Manufacturing (Battery) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Auto Parts Manufacturing (Cooling System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Auto Parts Manufacturing (Cooling System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Auto Parts Manufacturing (Underbody Components) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Auto Parts Manufacturing (Underbody Components) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Auto Parts Manufacturing (Engine Components) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Auto Parts Manufacturing (Engine Components) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Auto Parts Manufacturing (Automotive Filter) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Auto Parts Manufacturing (Automotive Filter) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Auto Parts Manufacturing (Lighting Components) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Auto Parts Manufacturing (Lighting Components) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Auto Parts Manufacturing (Electrical Components) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Auto Parts Manufacturing (Electrical Components) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Auto Parts Manufacturing (Other Component Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Auto Parts Manufacturing (Other Component Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Auto Parts Manufacturing (OEM) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Auto Parts Manufacturing (OEM) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Auto Parts Manufacturing (Aftermarket) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Auto Parts Manufacturing (Aftermarket) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Auto Parts Manufacturing (Passenger Cars) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Auto Parts Manufacturing (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Auto Parts Manufacturing (Light Commercial Vehicles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Auto Parts Manufacturing (Light Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Auto Parts Manufacturing (Heavy Commercial Vehicles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Auto Parts Manufacturing (Heavy Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Auto Parts Manufacturing (Other Vehicle Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Auto Parts Manufacturing (Other Vehicle Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: North America: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: North America: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: United States: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: United States: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Canada: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Canada: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Asia-Pacific: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Asia-Pacific: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: China: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: China: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Japan: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Japan: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: India: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: India: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: South Korea: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: South Korea: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Australia: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Australia: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Indonesia: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Indonesia: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Others: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Others: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Europe: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Europe: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Germany: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Germany: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: France: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: France: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: United Kingdom: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: United Kingdom: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Italy: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Italy: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Spain: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Spain: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Russia: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Russia: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Latin America: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Latin America: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Brazil: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Brazil: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Mexico: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Mexico: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Others: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Others: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Middle East and Africa: Auto Parts Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Middle East and Africa: Auto Parts Manufacturing Market: Breakup by Country (in %), 2021
Figure 84: Middle East and Africa: Auto Parts Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Global: Auto Parts Manufacturing Industry: SWOT Analysis
Figure 86: Global: Auto Parts Manufacturing Industry: Value Chain Analysis
Figure 87: Global: Auto Parts Manufacturing Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Auto Parts Manufacturing Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Auto Parts Manufacturing Market Forecast: Breakup by Component Type (in Million US$), 2022-2027
Table 3: Global: Auto Parts Manufacturing Market Forecast: Breakup by Sales Channel (in Million US$), 2022-2027
Table 4: Global: Auto Parts Manufacturing Market Forecast: Breakup by Vehicle Type (in Million US$), 2022-2027
Table 5: Global: Auto Parts Manufacturing Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Auto Parts Manufacturing Market: Competitive Structure
Table 7: Global: Auto Parts Manufacturing Market: Key Players


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