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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REASONS TO PURCHASE • Gain a truly global perspective with the most comprehensive market research report available on this market covering 60+ geographies. • Understand how the market is being affected by the COVID-19 and how it is likely to emerge and grow as the impact of the coronavirus abates.
• Create regional and country strategies on the basis of local data and analysis. • Identify growth segments for investment. • Outperform competitors using market forecast data and the market drivers and trends shaping the global market. • Understand customers based on the latest market research findings. • Benchmark performance against key competitors of the market.
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