2024
Global Automotive Parts Industry Insights
The automotive parts market is poised for significant growth, driven by the continued rise in global vehicle production. This growth is closely linked to the expanding automotive sector, which is witnessing increasing demand for a variety of vehicles, including cars and trucks. As a result, the need for high-quality automotive components—such as engines, transmissions, brakes, and tires—has grown, with these parts being essential for vehicle performance, safety, and longevity.
The global motor vehicle production from 2013 to 2023 reveals a steady upward trajectory, indicating a robust increase in vehicle manufacturing across various regions. Notably, car production by region and new car registrations also show regional variations, with certain markets like Europe and Asia experiencing the highest levels of activity. Electric vehicle (EV) sales have seen remarkable growth, particularly in regions like North America and Europe, further driving demand for specialized automotive parts, including EV batteries. This surge in electric vehicle sales is underscored by the increasing demand for electric vehicle batteries, which have become a critical component of the market.
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1. Market Outlook |
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1.1 Market Snapshot |
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1.1 Market Definition |
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2. Market Statistics |
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2.1 Global Estimates for Motor Vehicle Production From 2013 to 2023 (in USD million vehicles) |
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2.2 Global Car Production By Region in 2023 (in USD million) |
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2.3 Global New Car Registrations By Region in 2023 (in USD million) |
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2.4 Electric Car Sales By Region from 2019 to 2023 (in USD million) |
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2.5 Electric Vehicle Battery Demand by Region from 2016-2023 (in GWh/year) |
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2.6 Estimated Worldwide Motor Vehicle Production Between 2019 and 2023, By Type (in 1,000 units) |
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2.7 Top Global Automobile Brands by Market Share in 2023 (in percentage) |
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2.8 Revenue of Advance Auto Parts from 2019 to 2023 (in USD million) |
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2.9 Operating Profit of Advance Auto Parts From 2019 to 2023 (in USD million) |
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2.10 Global Component Sales Share by Category in 2023 (in percentage) |
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2.11 Global Component Sales Distribution to OEMs by Segment (in percentage) |
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2.12 Exports and Imports of Auto Components by Region in 2023 (in USD Billion) |
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2.13 Exports and Imports of Segmentation by Product Type in 2023 (in USD Million) |
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2.14 Vehicle Production in India (in 1,000 units) |
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2.15 Top 10 Countries by Automotive Component Exports to India in 2023 (by percentage) |
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2.16 Top 10 Countries by Automotive Component Imports to India in 2023 (by percentage) |
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2.17 Auto Parts Industry Employment Share in North America In 2023 (in Percentage) |
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2.18 Production of Auto parts in Mexico in 2023 (in million USD) |
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2.19 Mexican Exports & Imports of Auto Parts By Country In 2023 (in USD million) |
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2. 20 Domestic Production and Export of Auto Parts in Mexico from 2013 to 2023 (in USD billion) |
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2. 21 Domestic Production and Export of Auto Parts in Canada from 2013 to 2023 (in USD billion) |
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2.22 Domestic Production and Export of Auto Parts in USA from 2013 to 2023 (in USD billion) |
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2.23 Industry Revenue of Wholesale Trade of Motor Vehicle Parts in Italy in from 2013 to 2023 (in USD billion) |
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3. Appendix |
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3.1 Research Process |
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3.2 Author |
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Global Automotive Parts Industry Insights
