Market Analysis and Insights: Global Automotive Parts and Components Market

Auto parts and components include bodies, chassis, interiors, exteriors, seating, powertrains, electronics, mirrors, closures, roof systems & modules, etc. All the parts and components are installed in a car to supply the best driving experience.

Due to the COVID-19 pandemic, the global Automotive Parts and Components market size is estimated to be worth US$ 1970650 million in 2022 and is forecast to a readjusted size of US$ 2315090 million by 2029 with a CAGR of 2.3% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Driveline & Powertrain accounting for % of the Automotive Parts and Components global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While OEMs segment is altered to an % CAGR throughout this forecast period.

Robert Bosch, Denso Corp. , Magna International, Continental and ZF Friedrichshafen are the leaders of the Automotive Parts and Components industry, which take about 10% market share. China is the major region of the global market, which takes about 25% market share.

Global Automotive Parts and Components Scope and Market Size

The global Automotive Parts and Components market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Automotive Parts and Components market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.


Segment by Type


Driveline & Powertrain

Interiors & Exteriors

Electronics

Bodies & Chassis

Seating

Lighting

Wheel & Tires

Others


Segment by Application


OEMs

Aftermarket

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


Robert Bosch

Denso Corp.

Magna International

Continental

ZF Friedrichshafen

Hyundai Mobis

Aisin Seiki

Faurecia

Lear Corp.

Valeo

Delphi Automotive

Yazaki Corp.

Sumitomo Electric

JTEKT Corp.

Thyssenkrupp

Mahle GmbH

Yanfeng Automotive

BASF

Calsonic Kansei Corp.

Toyota Boshoku Corp.

Schaeffler

Panasonic Automotive

Toyoda Gosei

Autoliv

Hitachi Automotive

Gestamp

BorgWarner Inc.

Hyundai-WIA Corp

Magneti Marelli

Samvardhana Motherson