Auto Parts and Accessories Market to See Booming Growth | Continental, Robert Bosch, Magneti Marelli, Aisin Seiki

Advance Market Analytics published a new research publication on "Global Auto Parts and Accessories Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Auto Parts and Accessories market was mainly driven by the increasing R&D spending across the world.

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Major players profiled in the study are:
Robert Bosch Gmbh (Germany), Denso (Japan), Valeo (France), Continental (Germany), Aptiv (Ireland), ZF Friedrichshafen (Germany), Magna International (Canada), Faurecia S.A. (France), Magneti Marelli (Italy), Aisin Seiki (Japan)

Scope of the Report of Auto Parts and Accessories
Auto parts including internal and external consists of wheel, tires, lighting, electronic parts, body and chassis. Whereas the most important parts include engine, gearbox parts, drive axle, steering and suspension, and brakes. These are manufactured with precision and advanced technological methods. This industry of auto parts and accessories provides services for repair and maintenance of the vehicle. Moreover, the technological advancements in automobile industry is increasing the demand in advanced features which is fueling the market growth. According to Automotive Aftermarket, in United States, Aftermarket industry in 2018 was valued at USD 296 billion and projected to reach USD 433 billion by 2021. This includes individual businesses including manufacturers, repair shops, distributors, marketers and retailers. Also, According to IBEF, the auto component industry in India has grown by 10.6% to reach at USD 56.2 billion in 2019.

In July 2019, Continental and Knorr-Bremse are Taking a Further Step in their Development Partnership Towards Highly Automated Commercial Vehicle Driving.

In July 2019, ZF Aftermarket Offers a Comprehensive Range Of OE Quality Steering And Chassis Components Under Its Lemforder Brand.

The Global Auto Parts and Accessories Market segments and Market Data Break Down are illuminated below:
by Type (Tire, Battery, Brake Parts, Filters, Body parts, Lighting & Electronic Components, Wheels, Exhaust components, Turbochargers, Others), Application (Heavy Transport Vehicle, Light Transport vehicle, Light Motor Vehicle), Transmission (Semi Automatic, Automatic), Sales Channel (OEMs, Aftermarket), Certification (Genuine Parts, Certified Parts, Uncertified Parts)

Market Opportunities:
• Inappropriate Road Conditions Leading To Replacements of Parts
• Increasing number of automobile manufacturers

Market Drivers:
• Growing working population coupled with expanding middle class
• Increasing usage of Additional Features like Bluetooth and Touch Screens and safety features

Market Trend:
• Use of Recycled Parts to Prevent the Use of Raw Materials
• Advancements in the Manufacturing Processes

What can be explored with the Auto Parts and Accessories Market Study?
• Gain Market Understanding
• Identify Growth Opportunities
• Analyze and Measure the Global Auto Parts and Accessories Market by Identifying Investment across various Industry Verticals
• Understand the Trends that will drive Future Changes in Auto Parts and Accessories
• Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Auto Parts and Accessories Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Auto Parts and Accessories market
Chapter 2: Exclusive Summary - the basic information of the Auto Parts and Accessories Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Auto Parts and Accessories
Chapter 4: Presenting the Auto Parts and Accessories Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2016-2022
Chapter 6: Evaluating the leading manufacturers of the Auto Parts and Accessories market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2030)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Auto Parts and Accessories Market is a valuable source of guidance for individuals and companies.

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