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Automotive Parts Market Research Report by Type (Bodies and Chassis, Driveline and Powertrain, and Electronics), Vehicle Type, Sales Channel, State - United States Forecast to 2027 - Cumulative Impact of COVID-19

  • ID: 5337651
  • Report
  • April 2022
  • Region: United States
  • 105 Pages
  • 360iResearch™
UP TO OFF until Dec 31st 2022

FEATURED COMPANIES

  • Adient plc
  • AutoZone, Inc.
  • Delphi Automotive
  • Flex-N-Gate Corporation
  • Kyocera Corporation
  • Mahle GmbH
The United States Automotive Parts Market size was estimated at USD 45.41 billion in 2021, USD 50.17 billion in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 7.01% to reach USD 68.23 billion by 2027.



Market Statistics:


The report provides market sizing and forecast across five major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

Market Segmentation & Coverage:


This research report categorizes the Automotive Parts to forecast the revenues and analyze the trends in each of the following sub-markets:
  • Based on Type, the market was studied across Bodies and Chassis, Driveline and Powertrain, Electronics, Interiors and Exteriors, and Wheel and Tires.
  • Based on Vehicle Type, the market was studied across Heavy Commercial Vehicles, Light Commercial Vehicles, and Passenger Cars.
  • Based on Sales Channel, the market was studied across Aftermarket and OEM.
  • Based on State, the market was studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.

Cumulative Impact of COVID-19:


COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:


The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:


The FPNV Positioning Matrix evaluates and categorizes the vendors in the Automotive Parts Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:


The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:


The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:


The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the United States Automotive Parts Market, including Adient plc, Advance Auto Parts, Inc., Aisin World Corp. of America, American Axle & Manufacturing Holdings Inc, Aptiv PLC, AutoZone, Inc., Carquest Corporation, Continental AG, Delphi Automotive, DENSO Corporation, Faurecia, Flex-N-Gate Corporation, General Motors Company, Hyundai Mobis, Kyocera Corporation, Lear Corporation, Magna International Inc., Mahle GmbH, Panasonic Automotive Systems Company of America, Robert Bosch GmbH, Sumitomo Electric, Thyssenkrupp, Visteon Corporation, Yazaki North America Inc, and ZF Friedrichshafen AG.

The report provides insights on the following pointers:


1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:


1. What is the market size and forecast of the United States Automotive Parts Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the United States Automotive Parts Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the United States Automotive Parts Market?
4. What is the competitive strategic window for opportunities in the United States Automotive Parts Market?
5. What are the technology trends and regulatory frameworks in the United States Automotive Parts Market?
6. What is the market share of the leading vendors in the United States Automotive Parts Market?
7. What modes and strategic moves are considered suitable for entering the United States Automotive Parts Market?
Frequently Asked Questions about the U.S. Automotive Parts Market

What is the estimated value of the U.S. Automotive Parts Market?

The U.S. Automotive Parts Market was estimated to be valued at $45.4 Billion in 2021.

What is the growth rate of the U.S. Automotive Parts Market?

The growth rate of the U.S. Automotive Parts Market is 7.0%, with an estimated value of $68.2 Billion by 2027.

What is the forecasted size of the U.S. Automotive Parts Market?

The U.S. Automotive Parts Market is estimated to be worth $68.2 Billion by 2027.

Who are the key companies in the U.S. Automotive Parts Market?

Key companies in the U.S. Automotive Parts Market include Adient plc, Advance Auto Parts, Inc., Aisin World Corp. of America, American Axle & Manufacturing Holdings Inc, Aptiv PLC, AutoZone, Inc., Carquest Corporation, Continental AG and DENSO Corporation.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Adient plc
  • AutoZone, Inc.
  • Delphi Automotive
  • Flex-N-Gate Corporation
  • Kyocera Corporation
  • Mahle GmbH

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.1.4. Challenges
5.2. Cumulative Impact of COVID-19
6. Automotive Parts Market, by Type
6.1. Introduction
6.2. Bodies and Chassis
6.3. Driveline and Powertrain
6.4. Electronics
6.5. Interiors and Exteriors
6.6. Wheel and Tires
7. Automotive Parts Market, by Vehicle Type
7.1. Introduction
7.2. Heavy Commercial Vehicles
7.3. Light Commercial Vehicles
7.4. Passenger Cars
8. Automotive Parts Market, by Sales Channel
8.1. Introduction
8.2. Aftermarket
8.3. OEM
9. California Automotive Parts Market10. Florida Automotive Parts Market11. Illinois Automotive Parts Market12. New York Automotive Parts Market13. Ohio Automotive Parts Market14. Pennsylvania Automotive Parts Market15. Texas Automotive Parts Market
16. Competitive Landscape
16.1. FPNV Positioning Matrix
16.1.1. Quadrants
16.1.2. Business Strategy
16.1.3. Product Satisfaction
16.2. Market Ranking Analysis
16.3. Market Share Analysis, By Key Player
16.4. Competitive Scenario
16.4.1. Merger & Acquisition
16.4.2. Agreement, Collaboration, & Partnership
16.4.3. New Product Launch & Enhancement
16.4.4. Investment & Funding
16.4.5. Award, Recognition, & Expansion
17. Company Usability Profiles
17.1. Adient plc
17.2. Advance Auto Parts, Inc.
17.3. Aisin World Corp. of America
17.4. American Axle & Manufacturing Holdings Inc
17.5. Aptiv PLC
17.6. AutoZone, Inc.
17.7. Carquest Corporation
17.8. Continental AG
17.9. Delphi Automotive
17.10. DENSO Corporation
17.11. Faurecia
17.12. Flex-N-Gate Corporation
17.13. General Motors Company
17.14. Hyundai Mobis
17.15. Kyocera Corporation
17.16. Lear Corporation
17.17. Magna International Inc.
17.18. Mahle GmbH
17.19. Panasonic Automotive Systems Company of America
17.20. Robert Bosch GmbH
17.21. Sumitomo Electric
17.22. Thyssenkrupp
17.23. Visteon Corporation
17.24. Yazaki North America Inc
17.25. ZF Friedrichshafen AG
18. Appendix
18.1. Discussion Guide
18.2. License & Pricing
List of Figures
FIGURE 1. UNITED STATES AUTOMOTIVE PARTS MARKET: DYNAMICS
FIGURE 2. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY TYPE, 2021 VS 2027 (%)
FIGURE 3. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY TYPE, 2021 VS 2027 (USD BILLION)
FIGURE 4. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY TYPE, 2027
FIGURE 5. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY BODIES AND CHASSIS, 2019-2027 (USD BILLION)
FIGURE 6. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY BODIES AND CHASSIS, BY STATE, 2021 VS 2027 (USD BILLION)
FIGURE 7. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY DRIVELINE AND POWERTRAIN, 2019-2027 (USD BILLION)
FIGURE 8. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY DRIVELINE AND POWERTRAIN, BY STATE, 2021 VS 2027 (USD BILLION)
FIGURE 9. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY ELECTRONICS, 2019-2027 (USD BILLION)
FIGURE 10. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY ELECTRONICS, BY STATE, 2021 VS 2027 (USD BILLION)
FIGURE 11. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY INTERIORS AND EXTERIORS, 2019-2027 (USD BILLION)
FIGURE 12. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY INTERIORS AND EXTERIORS, BY STATE, 2021 VS 2027 (USD BILLION)
FIGURE 13. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY WHEEL AND TIRES, 2019-2027 (USD BILLION)
FIGURE 14. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY WHEEL AND TIRES, BY STATE, 2021 VS 2027 (USD BILLION)
FIGURE 15. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY VEHICLE TYPE, 2021 VS 2027 (%)
FIGURE 16. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY VEHICLE TYPE, 2021 VS 2027 (USD BILLION)
FIGURE 17. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY VEHICLE TYPE, 2027
FIGURE 18. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY HEAVY COMMERCIAL VEHICLES, 2019-2027 (USD BILLION)
FIGURE 19. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY HEAVY COMMERCIAL VEHICLES, BY STATE, 2021 VS 2027 (USD BILLION)
FIGURE 20. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY LIGHT COMMERCIAL VEHICLES, 2019-2027 (USD BILLION)
FIGURE 21. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY LIGHT COMMERCIAL VEHICLES, BY STATE, 2021 VS 2027 (USD BILLION)
FIGURE 22. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY PASSENGER CARS, 2019-2027 (USD BILLION)
FIGURE 23. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY PASSENGER CARS, BY STATE, 2021 VS 2027 (USD BILLION)
FIGURE 24. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY SALES CHANNEL, 2021 VS 2027 (%)
FIGURE 25. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY SALES CHANNEL, 2021 VS 2027 (USD BILLION)
FIGURE 26. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY SALES CHANNEL, 2027
FIGURE 27. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY AFTERMARKET, 2019-2027 (USD BILLION)
FIGURE 28. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY AFTERMARKET, BY STATE, 2021 VS 2027 (USD BILLION)
FIGURE 29. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY OEM, 2019-2027 (USD BILLION)
FIGURE 30. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY OEM, BY STATE, 2021 VS 2027 (USD BILLION)
FIGURE 31. UNITED STATES AUTOMOTIVE PARTS MARKET: FPNV POSITIONING MATRIX
FIGURE 32. UNITED STATES AUTOMOTIVE PARTS MARKET: SHARE, BY KEY PLAYER, 2021
FIGURE 33. COMPETITIVE SCENARIO ANALYSIS IN UNITED STATES AUTOMOTIVE PARTS MARKET, BY TYPE
List of Tables
TABLE 1. UNITED STATES AUTOMOTIVE PARTS MARKET: MARKET SEGMENTATION & COVERAGE
TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2016–2020
TABLE 3. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY TYPE, 2019-2027 (USD BILLION)
TABLE 4. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY BODIES AND CHASSIS, BY STATE, 2019-2027 (USD BILLION)
TABLE 5. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY DRIVELINE AND POWERTRAIN, BY STATE, 2019-2027 (USD BILLION)
TABLE 6. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY ELECTRONICS, BY STATE, 2019-2027 (USD BILLION)
TABLE 7. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY INTERIORS AND EXTERIORS, BY STATE, 2019-2027 (USD BILLION)
TABLE 8. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY WHEEL AND TIRES, BY STATE, 2019-2027 (USD BILLION)
TABLE 9. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY VEHICLE TYPE, 2019-2027 (USD BILLION)
TABLE 10. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY HEAVY COMMERCIAL VEHICLES, BY STATE, 2019-2027 (USD BILLION)
TABLE 11. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY LIGHT COMMERCIAL VEHICLES, BY STATE, 2019-2027 (USD BILLION)
TABLE 12. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY PASSENGER CARS, BY STATE, 2019-2027 (USD BILLION)
TABLE 13. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY SALES CHANNEL, 2019-2027 (USD BILLION)
TABLE 14. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY AFTERMARKET, BY STATE, 2019-2027 (USD BILLION)
TABLE 15. UNITED STATES AUTOMOTIVE PARTS MARKET SIZE, BY OEM, BY STATE, 2019-2027 (USD BILLION)
TABLE 16. UNITED STATES AUTOMOTIVE PARTS MARKET: SCORES
TABLE 17. UNITED STATES AUTOMOTIVE PARTS MARKET: BUSINESS STRATEGY
TABLE 18. UNITED STATES AUTOMOTIVE PARTS MARKET: PRODUCT SATISFACTION
TABLE 19. UNITED STATES AUTOMOTIVE PARTS MARKET: RANKING
TABLE 20. UNITED STATES AUTOMOTIVE PARTS MARKET: SHARE, BY KEY PLAYER, 2021
TABLE 21. UNITED STATES AUTOMOTIVE PARTS MARKET: MERGER & ACQUISITION
TABLE 22. UNITED STATES AUTOMOTIVE PARTS MARKET: AGREEMENT, COLLABORATION, & PARTNERSHIP
TABLE 23. UNITED STATES AUTOMOTIVE PARTS MARKET: NEW PRODUCT LAUNCH & ENHANCEMENT
TABLE 24. UNITED STATES AUTOMOTIVE PARTS MARKET: INVESTMENT & FUNDING
TABLE 25. UNITED STATES AUTOMOTIVE PARTS MARKET: AWARD, RECOGNITION, & EXPANSION
TABLE 26. UNITED STATES AUTOMOTIVE PARTS MARKET: LICENSE & PRICING
Note: Product cover images may vary from those shown
  • Adient plc
  • Advance Auto Parts, Inc.
  • Aisin World Corp. of America
  • American Axle & Manufacturing Holdings Inc
  • Aptiv PLC
  • AutoZone, Inc.
  • Carquest Corporation
  • Continental AG
  • Delphi Automotive
  • DENSO Corporation
  • Faurecia
  • Flex-N-Gate Corporation
  • General Motors Company
  • Hyundai Mobis
  • Kyocera Corporation
  • Lear Corporation
  • Magna International Inc.
  • Mahle GmbH
  • Panasonic Automotive Systems Company of America
  • Robert Bosch GmbH
  • Sumitomo Electric
  • Thyssenkrupp
  • Visteon Corporation
  • Yazaki North America Inc
  • ZF Friedrichshafen AG
Note: Product cover images may vary from those shown

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