Auto Parts Market
Auto Parts Market - Global Industry Assessment & Forecast
Segments Covered
- By Component Battery, Chassis System, Cooling System, Underbody Components, Engine Components, Automotive Filter, Lighting Components, Electrical Components, Other Components
- By Sales Channel OEM, Aftermarket
- By Vehicle Type Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Other Vehicle Types
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 651.9 Billion |
Revenue 2030: | USD 1103.4 Billion |
Revenue CAGR (2023 - 2030): | 6.8% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Auto Parts Market Segment Analysis
- Auto Parts Component Outlook (Revenue, USD Million, 2018 - 2030)
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- Auto Parts Sales Channel Outlook (Revenue, USD Million, 2018 - 2030)
- OEM
- Aftermarket
- Auto Parts Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
-
North America Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
-
North America Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- U.S.
- U.S. Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- U.S. Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- U.S. Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- U.S. Auto Parts Market, by Component
- Canada
- Canada Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- Canada Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- Canada Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- Canada Auto Parts Market, by Component
-
Mexico
- Mexico Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- Mexico Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- Mexico Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- Mexico Auto Parts Market, by Component
-
North America Auto Parts Market, by Component
- Europe
-
Europe Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
-
Europe Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
-
Europe Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- U. K.
- U.K. Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- U.K. Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- U.K. Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- U.K. Auto Parts Market, by Component
- France
- France Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- France Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- France Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- France Auto Parts Market, by Component
-
Germany
- Germany Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- Germany Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- Germany Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- Germany Auto Parts Market, by Component
-
Italy
- Italy Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- Italy Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- Italy Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- Italy Auto Parts Market, by Component
-
Spain
- Spain Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- Spain Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- Spain Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- Spain Auto Parts Market, by Component
-
Rest of Europe
- Rest of Europe Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- Rest of Europe Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- Rest of Europe Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- Rest of Europe Auto Parts Market, by Component
-
Europe Auto Parts Market, by Component
- Asia Pacific
-
Asia Pacific Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
-
Asia Pacific Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
-
Asia Pacific Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- China
- China Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- China Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- China Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- China Auto Parts Market, by Component
- Japan
- Japan Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- Japan Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- Japan Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- Japan Auto Parts Market, by Component
-
Germany
- Germany Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- Germany Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- Germany Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- Germany Auto Parts Market, by Component
-
India
- India Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- India Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- India Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- India Auto Parts Market, by Component
-
South Korea
- South Korea Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- South Korea Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- South Korea Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- South Korea Auto Parts Market, by Component
-
South East Asia
- South East Asia Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- South East Asia Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- South East Asia Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- South East Asia Auto Parts Market, by Component
-
Rest of Asia Pacific
- Rest of Asia Pacific Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- Rest of Asia Pacific Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- Rest of Asia Pacific Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- Rest of Asia Pacific Auto Parts Market, by Component
-
Asia Pacific Auto Parts Market, by Component
- Latin America
-
Latin America Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
-
Latin America Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
-
Latin America Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- Brazil
- Brazil Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- Brazil Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- Brazil Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- Brazil Auto Parts Market, by Component
- Argentina
- Argentina Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- Argentina Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- Argentina Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- Argentina Auto Parts Market, by Component
-
Rest of Latin America
- Rest of Latin America Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- Rest of Latin America Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- Rest of Latin America Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- Rest of Latin America Auto Parts Market, by Component
-
Latin America Auto Parts Market, by Component
- Middle East & Africa
-
Middle East & Africa Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
-
Middle East & Africa Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
-
Middle East & Africa Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- GCC Countries
- GCC Countries Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- GCC Countries Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- GCC Countries Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- GCC Countries Auto Parts Market, by Component
- South Africa
- South Africa Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- South Africa Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- South Africa Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- South Africa Auto Parts Market, by Component
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Auto Parts Market, by Component
- Battery
- Chassis System
- Cooling System
- Underbody Components
- Engine Components
- Automotive Filter
- Lighting Components
- Electrical Components
- Other Components
- Rest of Middle East & Africa Auto Parts Market, by Sales Channel
- OEM
- Aftermarket
- Rest of Middle East & Africa Auto Parts Market, by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types
- Rest of Middle East & Africa Auto Parts Market, by Component
-
Middle East & Africa Auto Parts Market, by Component
- North America
FAQ
Frequently Asked Question
What is the global demand for Auto Parts in terms of revenue?
-
The global Auto Parts valued at USD 651.9 Billion in 2022 and is expected to reach USD 1103.4 Billion in 2030 growing at a CAGR of 6.8%.
Which are the prominent players in the market?
-
The prominent players in the market are Robert Bosch GmbH (Germany), DENSO Corporation (Japan), Continental AG (Germany), ZF (Germany), Friedrichshafen AG (Germany), Hyundai Motor Group (South Korea), Aisin Corporation (Japan), Magna International Inc. (Canada), Valeo (France), Lear Corporation (U.S.), Yazaki Group (Japan), Sumitomo Electric Industries Ltd. (Japan), Tenneco Inc. (U.S.), Akebono Brake Industry Co. Ltd. (Japan), Panasonic Holdings Corporation (Japan), Faurecia S.E. (France), Marelli Holdings Co. Ltd. (Japan).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6.8% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Auto Parts include
- Advanced technology usage in auto parts fabrication
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Auto Parts in 2022.