Motor Vehicle Parts Market Size Analysis By Industry Trends, Growth Forecast By 2025

MOTOR VEHICLE PARTS GLOBAL MARKET REPORT 2021: COVID-19 IMPACT AND RECOVERY TO 2031

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MOTOR VEHICLE PARTS MARKET CHARACTERISTICS: • The global motor vehicle parts market is expected to grow from $2650.5 billion in 2020 to $2781.2 billion in 2021 at a compound annual growth rate (CAGR) of 5%. The market is expected to reach $3810.1 billion in 2025 at a CAGR of 8%.

• The report covers the motor vehicle parts market’s segments1) By Type: Motor Vehicle Body, Stamped Metal & Other Parts, Motor Vehicle Engine, Power Train & Parts, Motor Vehicle Electrical & Electronic Equipment, Steering Suspension, & Interior 2) By Application: Passenger Vehicle, Commercial Vehicle 3) By End Use: OEM, Aftermarket • Subsegments Covered: Motor Vehicle Body, Stamped Metal, Other Parts, Vehicle Engine And Engine Parts, Power Train And Power Train Parts, Motor Vehicle Electrical and Electronic Equipment, Motor Vehicle Steering and Suspension Components (except Spring), Motor Vehicle Seating and Interior Trim

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MAJOR KEY PLAYERS Major companies in the market include Robert Bosch; Denso Corporation; Magna International Inc; Aisin Group; Continental Automotive Systems Corporation.

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• Benchmark performance against key competitors of the market.

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