Global Automotive Components Market Size, Status and Forecast 2021-2027

The classification of Automotive Parts and Components includes Driveline & Powertrain, Interiors & Exteriors, Electronics, Bodies & Chassis, Seating, Wheel & Tires, etc. The proportion of Driveline & Powertrain in 2019 is about 24.79%, and the proportion is in decreasing trend from 2015 to 2019.
Automotive Parts and Components is widely used in OEM and Aftermarkets. The former accounts for market share more than 67.04%, while the latter account for the rest. For frequently replaced parts and components, the price in Aftermarket generally lower.
China is the largest consumption place, with a consumption market share nearly 25.17% in 2019 due to the fast growing automotive industry. Following China, USA and Europe are also the important consumption place with the mature automotive industry.
Market concentration degree is not high for the total market as the top 20 manufacturers occupied market share about 23.74%. While for one kind part or component, the market concentration degree may be high.
In 2020, Automotive Parts and Components will be affected by the decline in global automobile production and consumer demand, shutdowns, supply chain disruptions and other adverse factors.

Market Analysis and Insights: Global Automotive Components Market
The global Automotive Components market size is projected to reach US$ 1929320 million by 2026, from US$ 1856000 million in 2019, at a CAGR of 4.1% during 2021-2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Automotive Components market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Automotive Components market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Automotive Components market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Automotive Components market.

Global Automotive Components Scope and Market Size
Automotive Components market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Components market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Driveline & Powertrain
Interiors & Exteriors
Electronics
Bodies & Chassis
Seating
Wheel & Tires
Others

Segment by Application
OEMs
Aftermarket

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Denso Corp.
Robert Bosch
Magna International
ZF Friedrichshafen
Aisin Seiki
Continental
Hyundai Mobis
Lear Corp.
Valeo
ZF Friedrichshafen
Aisin Seiki
Yazaki Corp.
Sumitomo Electric
Aptiv
Panasonic Automotive
Mahle GmbH
Schaeffler
Toyota Boshoku Corp.
BorgWarner Inc.
Hyundai-WIA Corp.
Gestamp
Samvardhana Motherson
Hitachi Automotive
Autoliv
Yanfeng Automotive
Toyoda Gosei
Thyssenkrupp