SAN FRANCISCO, Sept. 8, 2021 /PRNewswire/ — A brand new market examine printed by World Business Analysts Inc., (GIA) the premier market analysis firm, right now launched its report titled “Auto Components And Equipment – World Market Trajectory & Analytics”. The report presents recent views on alternatives and challenges in a considerably remodeled publish COVID-19 market.
FACTS AT A GLANCE
Version: 19; Launched: April 2021
Government Pool: 25639
Corporations: 1149 – Gamers coated embody Aisin Seiki Co., Ltd.; Autoliv, Inc.; BASF SE; BorgWarner, Inc.; Calsonic Kansei Company; Continental AG; Delphi Applied sciences; Denso Company; Faurecia; Gestamp Automocion S.A.; Hitachi Automotive Methods Ltd.; Hyundai Mobis Co., Ltd.; Hyundai Wia Company; JTEKT Company; Lear Company; Magna Worldwide, Inc.; MAHLE GmbH; Marelli (Magneti Marelli CK Holdings Co., Ltd.); Panasonic Automotive Methods Europe GmbH; Robert Bosch GmbH; Samvardhana Motherson Group; Schaeffler AG (Schaeffler Group); Sumitomo Electrical Industries Ltd.; ThyssenKrupp AG; Toyoda Gosei Co., Ltd.; Toyota Boshoku Company; Valeo Group; Yanfeng Automotive Inside Methods; Yazaki Company; ZF Friedrichshafen AG and Others.
Protection: All main geographies and key segments
Segments: Kind (Driveline & Powertrain, Interiors & Exteriors, Electronics, Seating, Lighting, and Different Varieties); Software (OEM, and Aftermarket)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Remainder of Europe); Asia-Pacific (Australia; India; South Korea; and Remainder of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Remainder of Latin America); Center East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Remainder of Center East); and Africa.
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World Auto Components And Equipment Market to Attain $2.3 Trillion by 2026
Amid the COVID-19 disaster, the worldwide marketplace for Auto Components And Equipment estimated at US$1.9 Trillion within the yr 2020, is projected to achieve a revised measurement of US$2.3 Trillion by 2026, rising at a CAGR of three% over the evaluation interval. Driveline & Powertrain, one of many segments analyzed within the report, is projected to document a 3.7% CAGR and attain US$775.9 Billion by the tip of the evaluation interval. After an intensive evaluation of the enterprise implications of the pandemic and its induced financial disaster, development within the Interiors & Exteriors phase is readjusted to a revised 2.8% CAGR for the following 7-year interval.
The U.S. Market is Estimated at $523.4 Billion in 2021, Whereas China is Forecast to Attain $452.5 Billion by 2026
The Auto Components And Equipment market within the U.S. is estimated at US$523.4 Billion within the yr 2021. China, the world`s second largest financial system, is forecast to achieve a projected market measurement of US$452.5 Billion by the yr 2026 trailing a CAGR of 5.5% over the evaluation interval. Among the many different noteworthy geographic markets are Japan and Canada, every forecast to develop at 0.8% and a pair of.2% respectively over the evaluation interval. Inside Europe, Germany is forecast to develop at roughly 1.4% CAGR.
Electronics Section to Attain US$362.1 Billion by the yr 2026
Within the world Electronics phase, USA, Canada, Japan, China and Europe will drive the two.8% CAGR estimated for this phase. These regional markets accounting for a mixed market measurement of US$227.8 Billion within the yr 2020 will attain a projected measurement of US$276.3 Billion by the shut of the evaluation interval. China will stay among the many quickest rising on this cluster of regional markets. Extra
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About World Business Analysts, Inc. & StrategyR™
World Business Analysts, Inc., (www.strategyr.com) is a famend market analysis writer the world`s solely influencer pushed market analysis firm. Proudly serving greater than 42,000 shoppers from 36 nations, GIA is acknowledged for correct forecasting of markets and industries for over 33 years.
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