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Global Automotive Parts Remanufacturing (PV, LCV, HCV, ATV, ORV) Market Analysis/Forecasts, 2021-2022 & 2023-2028 - ResearchAndMarkets.com

Retrieved on: 
Friday, January 27, 2023

The shortage of raw materials is driving the growth of the automotive parts remanufacturing market as remanufactured parts are extracted from older vehicles and renovated.

Key Points: 
  • The shortage of raw materials is driving the growth of the automotive parts remanufacturing market as remanufactured parts are extracted from older vehicles and renovated.
  • The report analyses the Automotive Parts Remanufacturing Market by Component (Engine & Related Parts, Transmission & Others, Electrical & Electronics, Wheels & Brakes, Fuel Systems, Other Components).
  • The report analyses the Automotive Parts Remanufacturing Market By Vehicle (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles, Off-Road Vehicles, All-Terrain Vehicles).
  • The Global Automotive Parts Remanufacturing Market has been analyzed by countries (United States, Canada, Mexico, Germany, UK, Russia, China, Japan, India, South Korea).

Global Automotive Parts Remanufacturing Market Report 2022: A $54.71 Billion Market in 2021 - Shortage of Raw Materials Driving Growth to 2028

Retrieved on: 
Friday, January 27, 2023

The Global Automotive Parts Remanufacturing market was valued at USD 54710.12 Million in 2021 and is expected to grow at a CAGR of 7.43% during the forecast period of 2023-2028.

Key Points: 
  • The Global Automotive Parts Remanufacturing market was valued at USD 54710.12 Million in 2021 and is expected to grow at a CAGR of 7.43% during the forecast period of 2023-2028.
  • The shortage of raw materials is driving the growth of the automotive parts remanufacturing market as remanufactured parts are extracted from older vehicles and renovated.
  • The report analyses the Automotive Parts Remanufacturing Market by Component (Engine & Related Parts, Transmission & Others, Electrical & Electronics, Wheels & Brakes, Fuel Systems, Other Components).
  • The report analyses the Automotive Parts Remanufacturing Market By Vehicle (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles, Off-Road Vehicles, All-Terrain Vehicles).