Latin America Motor Vehicle Parts Market (2020-2026)

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 (Mexico, Argentina, Chile, Brazil, and Rest of Latin America) and Competitive Landscape

Product Code: ETC054825 Publication Date: Apr 2021 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Latin America 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 Latin America 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, Latin America Motor Vehicle Parts Market size is anticipated to register growth during 2020-26. The development of the motor vehicle parts manufacturing industry in Latin America is primarily driven by the growing automobile manufacturing industry, especially in countries, such as Mexico, Brazil and Argentina. The market in Mexico is driven by the strong growth of the number of motor vehicles in use across the country. Increasing disposable income in developing countries, such as Mexico, is having a positive impact on the aftermarket.

Based on types, Latin America 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, Latin America 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.

Latin America Motor Vehicles Parts market report thoroughly covers the market by type, application, end-users and countries such as Argentina, Brazil, Mexico, Chile and the rest of Latin America. Latin America motor vehicle parts market outlook report provides an unbiased and detailed analysis of the on-going Latin America 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

  • Latin America Motor Vehicle Parts Market Outlook
  • Latin America Motor Vehicle Parts Market Overview
  • Latin America Motor Vehicle Parts Market Forecast
  • Historical Data for the period 2016-2019 and Market Forecast of Latin America Motor Vehicle Parts Market Revenues until 2026
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Application
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By End User
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Type
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Countries
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Chile Motor Vehicle Parts Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Argentina Motor Vehicle Parts Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Mexico Motor Vehicle Parts Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Brazil Motor Vehicle Parts Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for rest of Latin America Motor Vehicle Parts Market
  • Market Drivers and Restraints
  • Latin America Motor Vehicle Parts Market Trends
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Latin America Motor Vehicle Parts Market Share, By Players
  • Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

  • By Application:
    • Passenger Vehicle
    • Industrial Vehicle
    • Commercial Vehicle
  • By End User:
    • OEM
    • Aftermarket
  • By Type:
    • Motor Vehicle Body, Metal Stamping & Other Parts
    • Motor Vehicle Engine, Power Train & Parts
    • Motor Vehicle Electrical & Electronic Equipment, Steering Suspension, & Interiors
  • By Countries:
    • Mexico
    • Chile
    • Brazil
    • Argentina
    • Rest of Latin America

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. Latin America Motor Vehicle Parts Market Overview

3.1. Latin America Motor Vehicle Parts Market Revenues, 2019 & 2026F

3.2. Latin America Motor Vehicle Parts Market - Industry Life Cycle

3.3. Latin America Motor Vehicle Parts Market - Porter's Five Forces

3.4. Latin America Motor Vehicle Parts Market Revenue Share, By Application, 2019 & 2026F

3.5. Latin America Motor Vehicle Parts Market Revenue Share, By Type, 2019 & 2026F

3.6. Latin America Motor Vehicle Parts Market Revenue Share, By End User, 2019 & 2026F

3.7. Latin America Motor Vehicle Parts Market Revenue Share, By Countries, 2019 & 2026F

4. Latin America Motor Vehicle Parts Market Dynamics

4.1. Impact Analysis

4.2. Market Drivers

4.3. Market Restraints

5. Latin America Motor Vehicle Parts Market Trends

6. Latin America Motor Vehicle Parts Market, By Application

6.1. Latin America Motor Vehicle Parts Market, By Application

6.1.1. Overview and Analysis

6.1.2. Latin America Motor Vehicle Parts Market Revenues, By Passenger Vehicle, 2016 - 2026F

6.1.3. Latin America Motor Vehicle Parts Market Revenues, By Commercial Vehicle, 2016 - 2026F

6.1.4. Latin America Motor Vehicle Parts Market Revenues, By Industrial Vehicle, 2016 - 2026F

7. Latin America Motor Vehicle Parts Market, By Type

7.1. Latin America Motor Vehicle Parts Market, By Type

7.1.1. Overview and Analysis

7.1.2. Latin America Motor Vehicle Parts Market Revenues, By Motor Vehicle Body, Metal Stamping & Other Parts, 2016 - 2026F

7.1.3. Latin America Motor Vehicle Parts Market Revenues, By Motor Vehicle Engine, Powertrain & Parts, 2016 - 2026F

7.1.4. Latin America Motor Vehicle Parts Market Revenues, By Motor Vehicle Electrical & Electronic Equipment, Steering Suspension & Interiors, 2016 - 2026F

8. Latin America Motor Vehicle Parts Market, By End User

8.1. Latin America Motor Vehicle Parts Market, By End User

8.1.1. Overview and Analysis

8.1.2. Latin America Motor Vehicle Parts Market Revenues, By OEM, 2016 - 2026F

8.1.3. Latin America Motor Vehicle Parts Market Revenues, By Aftermarket, 2016 - 2026F

10. Chile Motor Vehicle Parts Market

10.1. Chile Motor Vehicle Parts Market, By Application

10.2. Chile Motor Vehicle Parts Market, By Type

10.3. Chile Motor Vehicle Parts Market, By End User

10.4. Chile Motor Vehicle Parts Market, By Countries

11. Argentina Motor Vehicle Parts Market

11.1. Argentina Motor Vehicle Parts Market, By Application

11.2. Argentina Motor Vehicle Parts Market, By Type

11.3. Argentina Motor Vehicle Parts Market, By End User

11.4. Argentina Motor Vehicle Parts Market, By Countries

12. Brazil Motor Vehicle Parts Market

12.1. Brazil Motor Vehicle Parts Market, By Application

12.2. Brazil Motor Vehicle Parts Market, By Type

12.3. Brazil Motor Vehicle Parts Market, By End User

12.4. Brazil Motor Vehicle Parts Market, By Countries

13. Mexico Motor Vehicle Parts Market

13.1. Mexico Motor Vehicle Parts Market, By Application

13.2. Mexico Motor Vehicle Parts Market, By Type

13.3. Mexico Motor Vehicle Parts Market, By End User

13.4. Mexico Motor Vehicle Parts Market, By Countries

14. Rest of Latin America Motor Vehicle Parts Market

14.1. Rest of Latin America Motor Vehicle Parts Market Overview

15. Latin America Motor Vehicle Parts Market Import-Export Trade Statistics

15.1. Latin America Motor Vehicle Parts Market Export to Major Countries

15.2. Latin America Motor Vehicle Parts Market Imports from Major Countries

16. Latin America Motor Vehicle Parts Market Key Performance Indicators

17. Latin America Motor Vehicle Parts Market - Opportunity Assessment

17.1. Latin America Motor Vehicle Parts Market Opportunity Assessment, By Application, 2019 & 2026F

17.2. Latin America Motor Vehicle Parts Market Opportunity Assessment, By Type, 2019 & 2026F

18. Latin America Motor Vehicle Parts Market - Competitive Landscape

18.1. Latin America Motor Vehicle Parts Market Revenue Share, By Companies, 2019

18.2. Latin America Motor Vehicle Parts Market Competitive Benchmarking, By Operating and Technical Parameters

19. Company Profiles

20. Recommendations

21. Disclaimer

North America Motor Vehicle Parts Market (2020-2026): 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 (United States And Canada) And Competitive Landscape

Europe Motor Vehicle Parts Market (2020-2026): 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 (United Kingdom, Germany, Italy, France, And Rest Of Europe) And Competitive Landscape

Middle East Motor Vehicle Parts Market (2020-2026): 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 (Saudi Arabia, Bahrain, UAE, Qatar, And Rest Of Middle East) And Competitive Landscape

Africa Motor Vehicle Parts Market (2020-2026): 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 (South Africa, Ghana, Kenya, Nigeria, And Rest Of Africa) And Competitive Landscape

Global Motor Vehicle Parts Market (2020-2026): 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 Regions (Middle East, Europe, Africa, Asia Pacific, North America And Latin America) And Competitive Landscape

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