Global Automotive Parts Remanufacturing Strategic Business Report to 2030: Featuring Andre Niermann, ATC Drivetrain, BORG Automotive, Cardone Industries and Caterpillar Among Others
Global Market for Automotive Parts Remanufacturing
Dublin, Feb. 28, 2023 (GLOBE NEWSWIRE) -- The "Automotive Parts Remanufacturing: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Automotive Parts Remanufacturing estimated at US$60.2 Billion in the year 2022, is projected to reach a revised size of US$85.5 Billion by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030.
Engine & Related Parts, one of the segments analyzed in the report, is projected to record a 5.1% CAGR and reach US$25.4 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Transmission segment is readjusted to a revised 4.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $16.4 Billion, While China is Forecast to Grow at 7.6% CAGR
The Automotive Parts Remanufacturing market in the U.S. is estimated at US$16.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$18.2 Billion by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.4% and 5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$11.5 Billion by the year 2030.
Select Competitors (Total 23 Featured) -
ATC Drivetrain Inc.
BORG Automotive A/S
Cardone Industries, Inc.
Detroit Diesel Remanufacturing LLC
Genuine Parts Company
Jasper Engines and Transmissions
Motorcar Parts of America, Inc.
Robert Bosch GmbH
Standard Motor Products Inc.
ZF Friedrichshafen AG
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
No. of Pages
2022 - 2030
Estimated Market Value (USD) in 2022
Forecasted Market Value (USD) by 2030
Compound Annual Growth Rate
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Automotive Parts Remanufacturing - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/6yisl5
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