Global Automotive Original Equipment Manufacturer (OEMs) Market, By Component (Body, Electrical and Electronics, Interior, Power-Train and Chassis, Others), Vehicle Type (Commercial Vehicles, Passenger Cars, Electric Vehicles), Distribution Channel (OEM Retailers, Wholesalers and Distributors), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Automotive Original Equipment Manufacturer (OEMs) Market Analysis and Insights
The automotive original equipment manufacturer (OEMs) market size is valued at USD 39,503.36 million by 2028 and is expected to grow at a compound annual growth rate of 3.4% over the forecast period of 2021 to 2028. Data Bridge Market Research report on automotive original equipment manufacturer (OEMs) market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Automotive OEMs are those manufacturers, organizations and developers, focused on the manufacturing of components or devices utilized in vehicles. The components or devices that are produced by these manufacturers are of the finest quality and use the highest levels of raw materials. These parts are used in the making of vehicles during the assembly and manufacturing of the vehicle.
The automotive original equipment manufacturer (OEMs) market has a huge potential and is expected grow over the forecast period of 2021 to 2028, owing to the rapid innovation of technologies and advancements in product offerings. In addition, the rise in need of light-weighted fuel efficient advanced OEM parts amid presence of stringent regulations for fuel efficiency and vehicle emissions are also largely influencing the growth of the automotive original equipment manufacturer (OEMs) market. Also the government incentives, high disposable incomes in developing countries and easy availability of raw materials are another driver anticipated to flourish the automotive original equipment manufacturer (OEMs) market growth. Additionally, the increase in automotive production across emerging economies, associated with the high demand for luxury and hybrid vehicles are also expected to boost the growth of the automotive original equipment manufacturer (OEMs) market in the above mentioned forecast period.
However, the market of automotive original equipment manufacturer (OEMs) though has certain limitations which are expected to obstruct the potential growth of the market such as the high cost of OEM parts and components, whereas the rise in prevalence of counterfeit OEM products can challenge the growth of the automotive original equipment manufacturer (OEMs) market in the above mentioned forecast period.
In addition, the rapid technological advancements and high demand for batteries due to increased focus on innovation in automotive parts as well as high demand for filters from diesel engine vehicles are projected to offer various growth opportunities for the automotive original equipment manufacturer (OEMs) market in the forecast period of 2021 to 2028.
This automotive original equipment manufacturer (OEMs) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the automotive original equipment manufacturer (OEMs) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Automotive Original Equipment Manufacturer (OEMs) Market Scope and Market Size
The automotive original equipment manufacturer (OEMs) market is segmented on the basis of component, vehicle type and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of component, the automotive original equipment manufacturer (OEMs) market is segmented into body, electrical and electronics, interior, power-train and chassis and others. Body has further been segmented into doors, windows and BIW (body in white). Electrical and electronics has further been segmented into electrical supply system, gauges, ignition system, lighting, switches and cameras and sensors. Interior has further been segmented into floor and car seat. Power-train and chassis has further been segmented into brake system, engine, exhaust system, fuel supply, suspension and steering and transmission. Others have further been segmented into tires, wheels, A/C and others.
- On the basis of vehicle type, the automotive original equipment manufacturer (OEMs) market is segmented into commercial vehicles, passenger cars and electric vehicles. Commercial vehicles have further been segmented into light commercial vehicles (LCV) and heavy commercial vehicles (HCV). Electric vehicles have further been segmented into plug-in hybrid electric vehicle (PHEV), battery electric vehicle (BEV) and hybrid electric vehicle (HEV).
- The automotive original equipment manufacturer (OEMs) market is segmented on the basis of distribution channel into OEM retailers and wholesalers and distributors.
Automotive Original Equipment Manufacturer (OEMs) Market Country Level Analysis
The automotive original equipment manufacturer (OEMs) market is analyzed and market size, volume information is provided by country, component, vehicle type and distribution channel as referenced above.
The countries covered in the automotive original equipment manufacturer (OEMs) market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
Europe leads the automotive original equipment manufacturer (OEMs) market because of the rapid rise in the sales of automobiles and high demand for passenger cars and commercial vehicles outfitted with advanced brake technologies. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to the increase in automotive sales as well as the high demand for vehicles.
The country section of the automotive original equipment manufacturer (OEMs) market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Original Equipment Manufacturer (OEMs) Market Share Analysis
The automotive original equipment manufacturer (OEMs) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive original equipment manufacturer (OEMs) market.
The major players covered in the automotive original equipment manufacturer (OEMs) market report are ZF Friedrichshafen AG, TOYOTA MOTOR CORPORATION, Volkswagen AG, DENSO CORPORATION, Robert Bosch GmbH, Marelli Holdings Co., Ltd. ,Nissan, Daimler AG,BorgWarner Inc., Honda Motor Co., Ltd., Magna International Inc., Ford Motor Company, MITSUBISHI MOTORS CORPORATION, Continental AG, CIE Automotive, Siemens, EXIDE INDUSTRIES LTD.,BMW AG, Aptiv and Valeo among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Automotive Original Equipment Manufacturer (OEMs) Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.
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