Automotive Parts Remanufacturing Global Market Report 2023: Sector to Reach $85.5 Billion by 2030 at a 4.5% CAGR

DUBLIN, May 29, 2023 /PRNewswire/ — The “Automotive Parts Remanufacturing: Global Strategic Business Report” report has been added to ¬†ResearchAndMarkets.com’s offering.


Global Automotive Parts Remanufacturing Market to Reach $85.5 Billion by 2030

In the changed post COVID-19 business landscape, 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) –

  • Andre Niermann
  • ATC Drivetrain Inc.
  • BORG Automotive A/S
  • Cardone Industries, Inc.
  • Caterpillar, Inc.
  • Detroit Diesel Remanufacturing LLC
  • Genuine Parts Company
  • Jasper Engines and Transmissions
  • Motorcar Parts of America, Inc.
  • Robert Bosch GmbH
  • Standard Motor Products Inc.
  • Teamec BVBA
  • ZF Friedrichshafen AG

What`s New for 2023?

  • Special coverage on RussiaUkraine 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

Key Topics Covered:

I. METHODOLOGY

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

IV. COMPETITION

A selection of companies mentioned in this report includes

  • Andre Niermann
  • ATC Drivetrain Inc.
  • BORG Automotive A/S
  • Cardone Industries, Inc.
  • Caterpillar, Inc.
  • Detroit Diesel Remanufacturing LLC
  • Genuine Parts Company
  • Jasper Engines and Transmissions
  • Motorcar Parts of America, Inc.
  • Robert Bosch GmbH
  • Standard Motor Products Inc.
  • Teamec BVBA
  • ZF Friedrichshafen AG

For more information about this report visit https://www.researchandmarkets.com/r/kcdv2m

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