Market Forecast by Application (passenger vehicle, commercial vehicle and industrial vehicle), by End User (OEM and aftermarket), by Type (Motor Vehicle Electrical & Electronic Equipment, Steering Suspension, & Interiors, Motor Vehicle Engine, Power Train & Parts, Motor Vehicle Body, Metal Stamping & Other Parts), By Countries (India, South Korea, China, Japan, and Rest of Asia Pacific) and Competitive Landscape
Product Code: ETC054835 | Publication Date: Apr 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Asia Pacific motor vehicles parts market growth is boosted by increasing demand for motor vehicles. Additionally, stringent regulatory rules and standards for car safety across the globe also drive market growth. Moreover, advanced technology usage in motor vehicles fabrication, rise in automobile manufacturing, and digitalization of motor vehicles repair and maintenance services are some of the factors boosting the market growth. However, though technological developments have originated numerous market opportunities, high R&D expenditures are likely to hamper market growth over the forecast period. Motor vehicle parts manufacturers face various constraints, such as increased production costs during manufacturing processes. Further due to the covid-19 pandemic, there was a financial impact on Asia Pacific Motor Vehicles Parts market, including effects on results of operations, future periods and liquidity and capital resources. It led to a potential global recession. It affected the workforce and caused a reduction in productivity. It caused a decrease in consumer confidence reducing consumption. It led to supply chain disruptions and difficulties with funding.
According to 6wresearch, Asia Pacific (APAC) Motor Vehicle Parts Market size is anticipated to register growth during 2020-26. The expansion of the motor vehicle parts manufacturing industry in Asia- Pacific is mainly driven by the rising automobile manufacturing industry, especially in countries, like Korea, China and India. The market in China is driven by the strong growth of the number of motor vehicles in use across the country. The growing disposable income in emerging countries, like China, is having a positive impact on the aftermarket.
Based on types, Asia Pacific motor vehicle parts market is segmented into Motor Vehicle Body, Metal Stamping & Other Parts, Motor Vehicle Engine, Power Train & Parts, Motor Vehicle Electrical & Electronic Equipment, Steering Suspension, & Interiors. Further, in terms of application, Asia Pacific motor vehicle parts market is segmented into passenger vehicles, commercial vehicles and industrial vehicles. Owing to its superior properties, end-users across industries such as Original Equipment Manufacturers (OEMs) and aftermarkets have started exhibiting strong demand for steel casting. Moreover, modern age production technologies like 3D printing of motor vehicles parts that enable efficient fabrication and reduce emission are being used extensively by major players in the aftermarket to optimize their production costs.
Asia Pacific Motor Vehicles Parts market report thoroughly covers the market by type, application, end-users and countries such as India, China, Japan, South Korea rest of Asia Pacific. Asia Pacific motor vehicle parts Market outlook report provides an unbiased and detailed analysis of the on-going Asia Pacific motor vehicle parts market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights
Markets Covered
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Asia Pacific Motor Vehicle Parts Market Overview |
3.1. Asia Pacific Motor Vehicle Parts Market Revenues, 2019 & 2026F |
3.2. Asia Pacific Motor Vehicle Parts Market - Industry Life Cycle |
3.3. Asia Pacific Motor Vehicle Parts Market - Porter's Five Forces |
3.4. Asia Pacific Motor Vehicle Parts Market Revenue Share, By Application, 2019 & 2026F |
3.5. Asia Pacific Motor Vehicle Parts Market Revenue Share, By Type, 2019 & 2026F |
3.6. Asia Pacific Motor Vehicle Parts Market Revenue Share, By End User, 2019 & 2026F |
3.7. Asia Pacific Motor Vehicle Parts Market Revenue Share, By Countries, 2019 & 2026F |
4. Asia Pacific Motor Vehicle Parts Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Asia Pacific Motor Vehicle Parts Market Trends |
6. Asia Pacific Motor Vehicle Parts Market, By Application |
6.1. Asia Pacific Motor Vehicle Parts Market, By Application |
6.1.1. Overview and Analysis |
6.1.2. Asia Pacific Motor Vehicle Parts Market Revenues, By Passenger Vehicle, 2016 - 2026F |
6.1.3. Asia Pacific Motor Vehicle Parts Market Revenues, By Commercial Vehicle, 2016 - 2026F |
6.1.4. Asia Pacific Motor Vehicle Parts Market Revenues, By Industrial Vehicle, 2016 - 2026F |
7. Asia Pacific Motor Vehicle Parts Market, By Type |
7.1. Asia Pacific Motor Vehicle Parts Market, By Type |
7.1.1. Overview and Analysis |
7.1.2. Asia Pacific Motor Vehicle Parts Market Revenues, By Motor Vehicle Body, Metal Stamping & Other Parts, 2016 - 2026F |
7.1.3. Asia Pacific Motor Vehicle Parts Market Revenues, By Motor Vehicle Engine, Powertrain & Parts, 2016 - 2026F |
7.1.4. Asia Pacific Motor Vehicle Parts Market Revenues, By Motor Vehicle Electrical & Electronic Equipment, Steering Suspension & Interiors, 2016 - 2026F |
8. Asia Pacific Motor Vehicle Parts Market, By End User |
8.1. Asia Pacific Motor Vehicle Parts Market, By End User |
8.1.1. Overview and Analysis |
8.1.2. Asia Pacific Motor Vehicle Parts Market Revenues, By OEM, 2016 - 2026F |
8.1.3. Asia Pacific Motor Vehicle Parts Market Revenues, By Aftermarket, 2016 - 2026F |
10. India Motor Vehicle Parts Market |
10.1. India Motor Vehicle Parts Market, By Application |
10.2. India Motor Vehicle Parts Market, By Type |
10.3. India Motor Vehicle Parts Market, By End User |
10.4. India Motor Vehicle Parts Market, By Countries |
11. China Motor Vehicle Parts Market |
11.1. China Motor Vehicle Parts Market, By Application |
11.2. China Motor Vehicle Parts Market, By Type |
11.3. China Motor Vehicle Parts Market, By End User |
11.4. China Motor Vehicle Parts Market, By Countries |
12. Japan Motor Vehicle Parts Market |
12.1. Japan Motor Vehicle Parts Market, By Application |
12.2. Japan Motor Vehicle Parts Market, By Type |
12.3. Japan Motor Vehicle Parts Market, By End User |
12.4. Japan Motor Vehicle Parts Market, By Countries |
13. South Korea Motor Vehicle Parts Market |
13.1. South Korea Motor Vehicle Parts Market, By Application |
13.2. South Korea Motor Vehicle Parts Market, By Type |
13.3. South Korea Motor Vehicle Parts Market, By End User |
13.4. South Korea Motor Vehicle Parts Market, By Countries |
14. Rest of Asia Pacific Motor Vehicle Parts Market |
14.1. Rest of Asia Pacific Motor Vehicle Parts Market Overview |
15. Asia Pacific Motor Vehicle Parts Market Import-Export Trade Statistics |
15.1. Asia Pacific Motor Vehicle Parts Market Export to Major Countries |
15.2. Asia Pacific Motor Vehicle Parts Market Imports from Major Countries |
16. Asia Pacific Motor Vehicle Parts Market Key Performance Indicators |
17. Asia Pacific Motor Vehicle Parts Market - Opportunity Assessment |
17.1. Asia Pacific Motor Vehicle Parts Market Opportunity Assessment, By Application, 2019 & 2026F |
17.2. Asia Pacific Motor Vehicle Parts Market Opportunity Assessment, By Type, 2019 & 2026F |
18. Asia Pacific Motor Vehicle Parts Market - Competitive Landscape |
18.1. Asia Pacific Motor Vehicle Parts Market Revenue Share, By Companies, 2019 |
18.2. Asia Pacific Motor Vehicle Parts Market Competitive Benchmarking, By Operating and Technical Parameters |
19. Company Profiles |
20. Recommendations |
21. Disclaimer |