Global Motor Vehicle Parts Manufacturing Market Characteristics | Size | Overview (2019-2022)

A report from The Business Research Company shows that the "Global Motor Vehicle Parts Manufacturing Market 2019" is expected to reach a value of nearly $3096.92 billion by 2022, significantly growing at a CAGR of 10.6% during the forecast period.

The motor vehicle parts manufacturing market consists of sales of motor vehicle parts by entities (organizations, sole traders and partnerships) that produce motor vehicle gasoline engines and engine parts, motor vehicle electrical and electronic equipment, motor vehicle steering and suspension components (except springs), motor vehicle brake systems, motor vehicle transmission and power train parts, motor vehicle seating and interior trim, motor vehicle metal stampings, and other motor vehicle parts and accessories. This market includes sales of rebuilt motor vehicle parts. This market includes sales of both new and used vehicles.

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The motor vehicles parts manufacturing market expected to reach a value of nearly $3096.92 billion by 2022, significantly growing at a CAGR of 10.6% during the forecast period. The growth in the motor vehicles parts manufacturing market is due to strong car sales in countries such as China, India and USA owing to rising disposable income, low fuel prices, preference for light combustion vehicles, hybrid, electric vehicles, and credit availability.

The Motor Vehicle Parts Manufacturing industry can be further categorized into Segments: Motor Vehicle Body, Metal Stamping, & Other Parts, Motor Vehicle Electrical & Electronic Equipment, Steering, Suspension, & Interiors, Motor Vehicle Engine, Power Train, & Parts.

Major Key competitive players in the global Motor Vehicle Parts Manufacturing report include Robert Bosch, Denso Corporation, Magna International Inc., Aisin Group, Continental Automotive Systems Corporation, Faurecia S.A., Delphi Automotive PLC, and Lear Corporation.

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Few Chapters from Table Of Content:

1. Executive Summary
2. Report Structure
3. Motor Vehicle Parts Manufacturing Market Characteristics
4. Motor Vehicle Parts Manufacturing Market Product Analysis
5. Motor Vehicle Parts Manufacturing Market Supply Chain
6. Motor Vehicle Parts Manufacturing Market Customer Information
7. Motor Vehicle Parts Manufacturing Market Trends And Strategies
8. Motor Vehicle Parts Manufacturing Market Segmentation
9. Motor Vehicle Parts Manufacturing Market Metrics
10. Asia-Pacific Motor Vehicle Parts Manufacturing Market
11. Western Europe Motor Vehicle Parts Manufacturing Market

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Growing focus on light weight vehicle components, focus on advanced engine technologies and increasing use of internet of things (IoT) are the major trends witnessed in the global motor vehicles parts manufacturing market

With positive economic outlook in both developed and developing economies, expected increase in demand for hybrid and electric vehicles spurred by technological developments, innovation and changing environmental regulations, the scope and potential for the global motor vehicles parts manufacturing market is expected to significantly rise in the forecast period.

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