Motor Vehicle Parts Manufacturing Market Insights As Per TBRC’s Latest Report

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.

Motor Vehicle Parts Manufacturing Market Segmentation

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.

Download a sample of the report:

https://www.thebusinessresearchcompany.com/sample.aspx?id=12&type=toc

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.

About The Business Research Company:

The 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.

Contact Information

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info

Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company

Visit TheBusinessResearchCompany.com, mail info@tbrc.info or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles.