The Business Research Company’s
global motor vehicle parts manufacturing
market analysis covers the
year-on-year growth of the global motor vehicle parts
manufacturing market historic and forecast
growth. It also includes chapters on the motor vehicle parts
manufacturing market trends, geographical
analysis, and competitive landscape.
Order the report at:
https://www.thebusinessresearchcompany.com/report/motor-vehicle-parts-manufacturing-global-market-report-2018
The global motor
vehicle parts manufacturing market
is forecast to grow at a CAGR (compound annual growth rate) of around
8% by 2020.
According
to TBRC’s global motor vehicle parts manufacturing market
research, the market is split by segments into Motor Vehicle Body, Metal Stamping & Other
Parts, Motor Vehicle Electrical & Electronic Equipment, Steering,
Suspension, & Interiors Motor Vehicle Engine, Power Train, & Parts.Motor Vehicle Body, Metal Stamping, & Other Parts was the largest segment in the motor vehicle parts manufacturing market accounting for 40% of the market. This can be attributed to the fact that motor vehicle body constitutes a majority of portion of a vehicle. This segment includes establishments involved in manufacturing motor vehicle body, metal stampings and performing stamping and incidental operations such as removing burrs and other stamping defects.
Motor Vehicle Electrical & Electronic Equipment, Steering, Suspension, & Interiors was the second largest segment in the motor vehicle parts manufacturing market. This segment includes companies that manufacture and rebuild electrical and electronic equipment, steering and suspension components and interior components such as motor vehicle fabric accessories, trimmings, seat belts and seats.
Motor Vehicle Engine, Power Train, & Parts was the third largest segment in the motor vehicle parts manufacturing. This segment comprises establishments that manufacture and rebuild vehicles engines, engine parts, transmission and power train parts.
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Motor Vehicle Electrical & Electronic Equipment, Steering, Suspension, & Interiors had the highest CAGR (compound annual growth rate) of 10% during 2013-2017; this segment is expected to grow at a CAGR of 9% during 2017-2021. This was mainly due to increase in demand for new vehicles and the need for consumer comfort, which supported the growth of automotive air-conditioning and suspension market. Low interest rates and fuel prices are expected to boost the automotive industry and subsequently the automotive parts industry in the forecast period
The global motor
vehicle parts manufacturing market
report covers the following regions under the geographical analysis section:
Asia Pacific, Western Europe, North America, Middle East, Africa, South
America, and Eastern Europe. Major countries under each of these regions are
also covered under the country analysis chapters.
The
global Motor Vehicle Body, Metal Stamping & Other
Parts, Motor Vehicle Electrical & Electronic Equipment, Steering,
Suspension, & Interiors Motor Vehicle Engine, Power Train, & Parts market’s segment shares in each geographic region are
mentioned in the report, along with the historic and forecast growth rates for
each segment presented visually with supporting reasons to justify the growth
rates. The top companies included in the report are Robert Bosch, Denso Corporation, Magna International Inc., Aisin Group, and Continental Automotive Systems Corporation.
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Business Research Company is a Business Intelligence Company which excels in
company, market and consumer research. It has offices in the UK, the US and
India and a network of trained researchers in 15 countries globally.
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Business Research Company
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Email:
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