The auto parts and accessories market is robust, driven by demand for replacement parts, customization, and technological advancements. Key players compete in offering diverse products catering to various vehicle types, reflecting trends in sustainability and digital integration.

The global Parts and Accessories Market research report published by Exactitude Constancy reveals the current outlook of the global and key regions from the following perspectives: Key players, countries, product types, and end industries. The report studies the top companies in the global market and divides the market into several parameters.

This Auto Parts and Accessories Market research report pinpoints the industry’s competitive landscape to understand the international competition. This report study explains the expected growth of the global market for the upcoming years from 2024 to 2030. This research report is accumulated based on static and dynamic perspectives on business.

The global auto parts and accessories market is projected to reach USD 61.23 billion by 2030 from USD 38.80 billion in 2023, at a CAGR of 5.23 % from 2023 to 2030.

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Top Key Players in the Global Auto Parts and Accessories Market:

Hyundai Mobis, Faurecia, Aisin Seiki, Lear Corp., Robert Bosch, Denso Corp., Magna International, Continental, Sumitomo Electric, Delphi Automotive, BorgWarner Inc., Panasonic Corporation, Valeo S.A.

Auto Parts and Accessories Market by Product, 2020-2029, (USD Billion) (Thousand Units)

Driveline & Powertrain

Interiors & Exteriors

Electronics

Bodies & Chassis

Wheel & Tires

Others

Auto Parts and Accessories Market by Application, 2020-2029, (USD Billion) (Thousand Units)

Oems

Aftermarket

Geographically, the following regions are leading the Auto Parts and Accessories Market:

  • APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
  • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
  • North America (U.S., Canada, and Mexico)
  • South America (Brazil, Chile, Argentina, Rest of South America)
  • And the Rest of the World

North America dominates the auto parts and accessories market due to the occurrence of major players. Furthermore, the growing adoption of these accessories will further boost the growth of the auto parts and accessories market in the region during the forecast period. Asia-Pacific is further projected to observe significant amount of growth of the auto parts and accessories market due to the rise in the demand from end-users has compelled traction battery manufacturers.

Moreover, the growing energy density is further anticipated to propel the growth of the auto parts and accessories market in the region in the coming years. Data points such as down-stream and up-stream value chain analysis, technical trends, and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.  

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What questions does the Auto Parts and Accessories Market report answer about the regional reach of the industry:

The report claims to split the regional scope of the Auto Parts and Accessories Market into North America, Europe, Asia-Pacific, South America & Middle East, and Africa. Which among these regions has been touted to amass the largest market share over the anticipated duration

  • How do the sales figures look at present How does the sales scenario look for the future
  • Considering the present scenario, how much revenue will each region attain by the end of the forecast period
  • How much is the market share that each of these regions has accumulated presently
  • How much is the growth rate that each landscape will depict over the predicted timeline

Important features underlined in the report’s offerings and key highlights:

– Detailed overview of the market

– Changing market dynamics of the industry

– In-depth market segmentation by type, application,.

– Past, current, and projected market size in terms of volume and value

– Recent industry trends and developments

– Competitive Auto Parts and Accessories Market Outlook

– Major Vendor and product offering strategies

– potential niche segments/regions showing promising growth

Highlights from the report:

Market Performance (2018-2023)

Market Forecast (2024-2030)

Porter’s Five Forces Analysis

Market Drivers and Success Factors

SWOT analysis

value chain

Comprehensive mapping of the competitive landscape

Detailed TOC of Auto Parts and Accessories Market Research Report 2024 – 2030

Chapter 1 Auto Parts and Accessories Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers and, Market Data

Chapter 4 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 5 Global Production, Revenue (Value), Price Trend by Type and Region

Chapter 6 Global Market Analysis by Application

Chapter 7 Manufacturing Cost and, Gross Profit Analysis

Chapter 8 Industrial Chain, Sourcing Strategy, and Downstream Buyers

Chapter 9 Marketing Strategy and, Status Analysis, Distributors/Traders

Chapter 10 Market Driving Effect Factors Analysis

Chapter 11 Global Auto Parts and Accessories Market Trends and, Forecast

Chapter 12 Research Methodology

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Finally, the Auto Parts and Accessories Market report is a believable source for gaining market research that will exponentially accelerate your business. The report provides key regions, and economic situations, including item value, benefits, limits, generation, supply, request, market development rate and figures,. The industry report additionally presents a new assignment SWOT examination, speculation attainability investigation, and venture return investigation.

We offer customization on reports based on customer’s specific requirements:

– country-level analysis for the 5 countries of your choice.

– competitive analysis of 5 key market players.

  – 40 free analyst hours to cover any other data point.

Thanks for reading this article…!! you can customize this report to get select chapters or region-wise coverage with regions such as Asia, North America, and Europe.

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