Global Motor Vehicle Part Industry is forecast to reach 2.0% p.a. in the coming years

Friday, February 26, 2016

Between 2008 and 2014 the Global Motor Vehicle Part market increased with an average annual growth of 6.5%. Currently, diesel and semi-diesel engine parts account for 6.8% of the global demand while the remaining market share is divided as given below:

  • Spark-ignition engine parts (8.8%)
  • Brake system parts (6.9%)
  • Bumpers (1.3%)
  • Clutches (2.2%)
  • Drive axles and non-driving axles (4.4%)
  • Exhaust pipes and silencers (1.6%)
  • Radiators (1.5%), safety seat belts (0.5%)
  • Shock absorbers (3.7%)
  • Steering wheels, steering boxes and steering columns (4.4%)
  • Transmissions (18.2%)
  • Wheels (5.2%)
  • Other motor vehicle parts (34.4%)
Below countries represent the largest motor vehicle part markets:
  • China
  • Germany
  • Japan
  • South Korea
  • United States 
While the strongest annual growth is forecast to occur in...
  • Macedonia (11.2%)
  • Bolivia (6.4%)
  • Ethiopia (5.7%)
  • Peru (5.3%)
  • Czech Republic (5.3%)
Market Size, Development, and Forecasts:
  • What is the current size of the motor vehicle part market in the world and in different countries?
  • How is the motor vehicle part market divided into different product segments? 
  • How are the overall market and different product segments growing?
  • How is the market predicted to develop in the future?
  • What is the market potential compared to other countries?
The report package "Motor Vehicle Part Markets in the World to 2020 - Market Size, Development, and Forecasts" announced by marketinforesearch.com help answer the above questions.



The reports offers the most up-to-date industry data on the actual market situation, and future outlook for motor vehicle parts in the world. 

The research includes historic data from 2009 to 2015 and forecasts until 2020 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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