Executive Summary
The Global Automotive Parts Remanufacturing market was valued at USD 54710.12 Million in 2021 and is expected to grow at a CAGR of 7.43% during the forecast period of 2023-2028. The shortage of raw materials is driving the growth of the automotive parts remanufacturing market as remanufactured parts are extracted from older vehicles and renovated. This factor eliminates the need to exact materials from mines and ores. Remanufactured parts cost nearly 50-75% as much as the original product while providing the same quality.
Further, strict government regulations towards waste management is resulting in a decline in the manufacturing of new automotive parts and the rising awareness among consumers for eco-friendly products is boosting the demand for the remanufactured parts market globally.
End customers have various options for automotive parts remanufacturing in the market. Predictive maintenance, also referred to as condition-based maintenance, is a technique adopted by companies to continuously monitor real working conditions to ensure asset optimization of the installed parts in the vehicles. Engine and related parts and electronics and electrical equipment are the most popular products used in the industry, which are utilized not only in passenger vehicles but also in LCVs and HCVs.
Further, the widespread use of remanufactured parts in passenger vehicles is expected to remain the most potential category by present vehicle types. Hence the companies are focusing on this segment. Overall, the Automotive Part Remanufacturing market is fragmented and China, India and United States are estimated to be the largest contributor to the global market owing to increasing vehicle parts remanufacturing facilities as well as sales.
Scope of the Report
• The report analyses the Automotive Parts Remanufacturing Market by Value (USD Million).
• The report analyses the Automotive Parts Remanufacturing Market by Volume (Million Units).
• The report presents the analysis of the Automotive Parts Remanufacturing market for the historical period of 2018-2021, the estimated year 2022 and the forecast period of 2023-2028.
• The report analyses the Automotive Parts Remanufacturing Market by Component (Engine & Related Parts, Transmission & Others, Electrical & Electronics, Wheels & Brakes, Fuel Systems, Other Components).
• The report analyses the Automotive Parts Remanufacturing Market By Vehicle (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles, Off-Road Vehicles, All-Terrain Vehicles)
• The Global Automotive Parts Remanufacturing Market has been analyzed by countries (United States, Canada, Mexico, Germany, UK, Russia, China, Japan, India, South Korea).
• The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by component, by vehicle.
• Also, the major opportunities, trends, drivers and challenges of the industry have been analysed in the report.
• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include ZF Friedrichshafen, BBB Industries, Meritor Inc., Budweg, Monark Automotive, Cardone Industries, Robert Bosch, Caterpillar Inc., Volvo Group, Carwood.
Key Target Audience
• Automotive Manufacturers
• Consulting and Advisory Firms
• Research and Development Organizations
• Government and Regulatory Authorities
1. Introduction: Automotive Parts Remanufacturing Market
1.1 Overview
1.2 Scope of Research
2. Executive Summary
2.1 Market Dashboard
2.2 Regional Insights
2.3 Market Ecosystem Factors
3. Research Methodology
3.1 Data Collection Process
3.2 Market Trajectory Estimation
3.3 Market Size Calculation
4. Automotive Parts Remanufacturing Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Trends
4.5 Impact assessment of Market Dynamics
5. Value Chain
5.1 Component Suppliers
5.2 Remanufacturers
5.3 Distributors/Retailers
5.4 Spare Part Suppliers
6. Covid-19 Impact Assessment
6.1 Assessment of Degree of Impact of Covid-19 on Global Automotive Parts Remanufacturing Market
6.2 Region-Wise Quarterly Covid Impact Analysis
7. Porter's Five Forces Analysis
8. Macro Economic Indicator Outlook
8.1 Manufacturing Sector
8.2 Global Vehicle Sales
8.3 Investments in Different Sectors
8.4 Gross National Income, PPP
8.5 Urbanization
9. Automotive Parts Remanufacturing Market: Average Selling Price Analysis
9.1 Average Selling Price, By Region
9.2 Average Selling Price, By Component
10. Competitive Positioning
10.1 Companies' Product Positioning
10.2 Market Position Matrix
10.3 Market Share Analysis
10.3.1 ZF Friedrichshafen
10.3.2 BBB Industries
10.3.3 Meritor Inc.
10.3.4 Budweg
10.3.5 Monark Automotive
10.3.6 Cardone Industries
10.3.7 Robert Bosch
10.3.8 Caterpillar Inc.
10.3.9 Volvo Group
10.3.10 Carwood
11. Volumetric Analysis, Units, 2018-2028
11.1 Global Automotive Parts Remanufacturing Market, By Volume
11.1.1 Global Automotive Parts Remanufacturing Market, 2018-2028 (Units)
11.1.2 Global Automotive Parts Remanufacturing Market, By Components, 2018-2028 (Units)
11.1.3 Global Automotive Parts Remanufacturing Market, By Components, 2018-2021, 2023-2028 CAGR (%)
11.2 Americas Automotive Parts Remanufacturing Market, By Volume
11.2.1 Americas Automotive Parts Remanufacturing Market, 2018-2028 (Units)
11.2.2 Americas Automotive Parts Remanufacturing Market, By Components, 2018-2028 (Units)
11.2.3 Americas Automotive Parts Remanufacturing Market, By Components, 2018-2021, 2023-2028 CAGR (%)
11.3 Europe Automotive Parts Remanufacturing Market, By Volume
11.3.1 Europe Automotive Parts Remanufacturing Market, 2018-2028 (Units)
11.3.2 Europe Automotive Parts Remanufacturing Market, By Components, 2018-2028 (Units)
11.3.3 Europe Automotive Parts Remanufacturing Market, By Components, 2018-2021, 2023-2028 CAGR (%)
11.4 Asia Pacific Automotive Parts Remanufacturing Market, By Volume
11.4.1 Asia Pacific Automotive Parts Remanufacturing Market, 2018-2028 (Units)
11.4.2 Asia Pacific Automotive Parts Remanufacturing Market, By Components, 2018-2028 (Units)
11.4.3 Asia Pacific Automotive Parts Remanufacturing Market, By Components, 2018-2021, 2023-2028 CAGR (%)
11.5 Middle East & Africa Automotive Parts Remanufacturing Market, By Volume
11.5.1 Middle East & Africa Automotive Parts Remanufacturing Market, 2018-2028 (Units)
11.5.2 Middle East & Africa Automotive Parts Remanufacturing Market, By Components, 2018-2028 (Units)
11.5.3 Middle East & Africa Automotive Parts Remanufacturing Market, By Components, 2018-2021, 2023-2028 CAGR (%)
12. Global Automotive Parts Remanufacturing Market Trends and Forecast Analysis, 2018-2028, USD MILLION & CAGR
12.1 Macro Economic Factor Impact Index
12.2 Automotive Parts Remanufacturing Market: Dashboard
12.3 Automotive Parts Remanufacturing Market Size, By Value, 2018-2021(USD Million)
12.4 Automotive Parts Remanufacturing Market Size, By Value, 2022-2028 (USD Million)
12.5 Automotive Parts Remanufacturing Market: Summary
13. Global Automotive Parts Remanufacturing Market Trend And Forecast Analysis, 2018-2028, By Component
13.1 Automotive Parts Remanufacturing Market Trend And Forecast Analysis, By Component: Snapshot
13.2 Engine & Related Parts
13.3 Transmission & Others
13.4 Electrical & Electronics
13.5 Wheels & Brakes
13.6 Fuel Systems
13.7 Other Components
14. Global Automotive Parts Remanufacturing Market Trend And Forecast Analysis, 2018-2028, By By Vehicle
14.1 Automotive Parts Remanufacturing Market Trend And Forecast Analysis, By Vehicle: Snapshot
14.2 Passenger Vehicles
14.3 Light Commercial Vehicles
14.4 Heavy Commercial Vehicles
14.5 Off-Road Vehicles
14.6 All-Terrain Vehicles
15. Global Automotive Parts Remanufacturing Market Trend And Forecast Analysis, 2018-2028, By Region
15.1 Regional Coverage of the Study
16. Americas Automotive Parts Remanufacturing Market Trends and Forecast Analysis, 2018-2028, USD MILLION & CAGR
16.1 Macro Economic Factor Impact Index
16.2 Impact analysis of market dynamics on Automotive Parts Remanufacturing Market
16.3 Americas Automotive Parts Remanufacturing Market: Dashboard
16.4 Americas Automotive Parts Remanufacturing Market Size, By Value, 2018-2021(USD Million)
16.5 Americas Automotive Parts Remanufacturing Market Size, By Value, 2022-2028 (USD Million)
17 Americas Automotive Parts Remanufacturing Market, By Component
17.1 Americas Automotive Parts Remanufacturing Market: Component Overview
17.2 Americas Automotive Parts Remanufacturing Market: Component, By Engine & Related Parts
17.3 Americas Automotive Parts Remanufacturing Market: Component, By Transmission & Others
17.4 Americas Automotive Parts Remanufacturing Market: Component, By Electrical and Electronics
17.5 Americas Automotive Parts Remanufacturing Market: Component, By Wheels & Brakes
17.6 Americas Automotive Parts Remanufacturing Market: Component, By Fuel Systems
17.7 Americas Automotive Parts Remanufacturing Market: Component, By Other Components
18. Americas Automotive Parts Remanufacturing Market, By Vehicle
18.1 Americas Automotive Parts Remanufacturing Market: Vehicle Overview
18.2 Americas Automotive Parts Remanufacturing Market: Vehicle, By Passenger Vehicles
18.3 Americas Automotive Parts Remanufacturing Market: Vehicle, By Light Commercial Vehicles
18.4 Americas Automotive Parts Remanufacturing Market: Vehicle, By Heavy Commercial Vehicles
18.5 Americas Automotive Parts Remanufacturing Market: Vehicle, By Off-Road Vehicles
18.6 Americas Automotive Parts Remanufacturing Market: Vehicle, By All-Terrain Vehicles
19. Americas Automotive Parts Remanufacturing Market, By Country
19.1 United States
19.2 Canada
19.3 Mexico
19.4 Rest of Americas
20. Europe Automotive Parts Remanufacturing Market Trends and Forecast Analysis, 2018-2028, USD MILLION & CAGR
20.1 Macro Economic Factor Impact Index
20.2 Impact analysis of market dynamics on the Automotive Parts Remanufacturing Market
20.3 Europe Automotive Parts Remanufacturing Market: Dashboard
20.4 Europe Automotive Parts Remanufacturing Market Size, By Value, 2018-2021(USD Million)
20.5 Europe Automotive Parts Remanufacturing Market Size, By Value, 2022-2028 (USD Million)
21. Europe Automotive Parts Remanufacturing Market, By Component
21.1 Europe Automotive Parts Remanufacturing Market: Component Overview
21.2 Europe Automotive Parts Remanufacturing Market: Component, By Engine & Related Parts
21.3 Europe Automotive Parts Remanufacturing Market: Component, By Transmission & Others
21.4 Europe Automotive Parts Remanufacturing Market: Component, By Electrical & Electronics
21.5 Europe Automotive Parts Remanufacturing Market: Component, By Wheels & Brakes
21.6 Europe Automotive Parts Remanufacturing Market: Component, By Fuel Systems
21.7 Europe Automotive Parts Remanufacturing Market: Component, By Other Components
22. Europe Automotive Parts Remanufacturing Market, By Vehicle
22.1 Europe Automotive Parts Remanufacturing Market: Vehicle Overview
22.2 Europe Automotive Parts Remanufacturing Market: Vehicle, By Passenger Vehicles
22.3 Europe Automotive Parts Remanufacturing Market: Vehicle, By Light Commercial Vehicles
22.4 Europe Automotive Parts Remanufacturing Market: Vehicle, By Heavy Commercial Vehicles
22.5 Europe Automotive Parts Remanufacturing Market: Vehicle, By Off-Road Vehicles
22.6 Europe Automotive Parts Remanufacturing Market: Vehicle, By All-Terrain Vehicles
23. Europe Automotive Parts Remanufacturing Market, By Country
23.1 Germany
23.2 United Kingdom
23.4 Russia
23.5 Rest of Europe
24. Asia Pacific Automotive Parts Remanufacturing Market Trends and Forecast Analysis, 2018-2028, USD MILLION & CAGR
24.1 Macro Economic Factor Impact Index
24.2 Impact analysis of market dynamics on Automotive Parts Remanufacturing Market
24.3 Asia Pacific Automotive Parts Remanufacturing Market: Dashboard
24.4 Asia Pacific Automotive Parts Remanufacturing Market Size, By Value, 2018-2021(USD Million)
24.5 Asia Pacific Automotive Parts Remanufacturing Market Size, By Value, 2022-2028 (USD Million)
25. Asia Pacific Automotive Parts Remanufacturing Market, By Component
25.1 Asia Pacific Automotive Parts Remanufacturing Market: Component Overview
25.2 Asia Pacific Automotive Parts Remanufacturing Market: Component, By Engine & Related Parts
25.3 Asia Pacific Automotive Parts Remanufacturing Market: Component, By Transmission & Others
25.4 Asia Pacific Automotive Parts Remanufacturing Market: Component, By Electrical & Electronics
25.5 Asia Pacific Automotive Parts Remanufacturing Market: Component, By Wheels & Brakes
25.6 Asia Pacific Automotive Parts Remanufacturing Market: Component, By Fuel Systems
25.7 Asia Pacific Automotive Parts Remanufacturing Market: Component, By Other Components
26. Asia Pacific Automotive Parts Remanufacturing Market, By Vehicle
26.1 Asia Pacific Automotive Parts Remanufacturing Market: Vehicle Overview
26.2 Asia Pacific Automotive Parts Remanufacturing Market: Vehicle, By Passenger Vehicles
26.3 Asia Pacific Automotive Parts Remanufacturing Market: Vehicle, By Light Commercial Vehicles
26.4 Asia Pacific Automotive Parts Remanufacturing Market: Vehicle, By Heavy Commercial Vehicles
26.5 Asia Pacific Automotive Parts Remanufacturing Market: Vehicle, By Off-Road Vehicles
26.6 Asia Pacific Automotive Parts Remanufacturing Market: Vehicle, By All-Terrain Vehicles
27. Asia Pacific Automotive Parts Remanufacturing Market, By Country
27.1 China
27.2 India
27.3 Japan
27.4 South Korea
27.5 Rest of Asia Pacific
28. Middle East & Africa Automotive Parts Remanufacturing Market Trends and Forecast Analysis, 2018-2028, USD MILLION & CAGR
28.1 Macro Economic Factor Impact Index
28.2 Impact analysis of market dynamics on Automotive Parts Remanufacturing Market
28.3 Middle East & Africa Automotive Parts Remanufacturing Market Size, By Value, 2018-2021(USD Million)
28.4 Middle East & Africa Automotive Parts Remanufacturing Market Size, By Value, 2022-2028 (USD Million)
29. Middle East & Africa Automotive Parts Remanufacturing Market, By Component
29.1 Middle East & Africa Automotive Parts Remanufacturing Market: Component Overview
29.2 Middle East & Africa Automotive Parts Remanufacturing Market: Component, By Engine & Related Parts
29.3 Middle East & Africa Automotive Parts Remanufacturing Market: Component, By Transmission & Others
29.4 Middle East & Africa Automotive Parts Remanufacturing Market: Component, By Electrical & Electronics
29.5 Middle East & Africa Automotive Parts Remanufacturing Market: Component, By Wheels & Brakes
29.6 Middle East & Africa Automotive Parts Remanufacturing Market: Component, By Fuel Systems
29.7 Middle East & Africa Automotive Parts Remanufacturing Market: Component, By Other Components
30. Middle East & Africa Automotive Parts Remanufacturing Market, By Vehicle
30.1 Middle East & Africa Automotive Parts Remanufacturing Market: Vehicle Overview
30.2 Middle East & Africa Automotive Parts Remanufacturing Market: Vehicle, By Passenger Vehicles
30.3 Middle East & Africa Automotive Parts Remanufacturing Market: Vehicle, By Light Commercial Vehicles
30.4 Middle East & Africa Automotive Parts Remanufacturing Market: Vehicle, By Heavy Commercial Vehicles
30.5 Middle East & Africa Automotive Parts Remanufacturing Market: Vehicle, By Off-Road Vehicles
30.6 Middle East & Africa Automotive Parts Remanufacturing Market: Vehicle, By All-Terrain Vehicles
| Price : US$ 3500 |
Date : Dec 2024 |
| Category : Automotive |
Pages : 134 |
| Price : US$ 3500 |
Date : Dec 2024 |
| Category : Automotive |
Pages : 187 |
| Price : US$ 3500 |
Date : Dec 2024 |
| Category : Services |
Pages : 185 |
| Price : US$ 3500 |
Date : Dec 2024 |
| Category : Services |
Pages : 147 |
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