Remanufactured Automotive Parts Global Market Report 2025

The remanufactured automotive parts market size has grown strongly in recent years. It will grow from $62.07 billion in 2024 to $66.11 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period is driven by a rising vehicle parc and aging fleet, growing consumer demand for cost-effective replacement parts, increased cost advantages over new components, expansion of aftermarket distribution networks, and heightened awareness of circular economy practices.

The remanufactured automotive parts market size is expected to see strong growth in the next few years. It will grow to $86.07 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period results from growing emphasis on sustainability and waste reduction, increasing adoption of electric and hybrid vehicles needing reman parts, rising regulatory support for remanufacturing standards, increasing fleet management demand for cost efficiency, and growing penetration in emerging markets. Major trends in the forecast period include developing advanced coating materials, developing precision remanufacturing techniques, integration with supply chain management systems, integration of internet of things sensors, and integration of artificial intelligence based inspection systems.

The growth of the used car trade is expected to drive the growth of the remanufactured automotive parts market in the coming years. Used car trade refers to the buying and selling of pre-owned vehicles between individuals or dealers, forming the secondary automotive market influenced by vehicle age, condition, and demand. The increase in used car trade is driven by cost savings, as pre-owned vehicles are more affordable than new ones, allowing consumers to access reliable transportation at lower prices. Remanufactured automotive parts support the growth of the used car trade by offering affordable, high-quality replacements that maintain vehicle performance and reliability, making pre-owned cars more appealing to buyers. For example, in February 2025, according to Cox Automotive, a US based automotive services and technology provider, retail sales of used vehicles reached 1.41 million units in January, showing an 8 percent year over year increase. Therefore, the growth of the used car trade is driving the remanufactured automotive parts market.

Leading companies operating in the remanufactured automotive parts market are emphasizing the development of innovative products, such as remanufactured infotainment display screens, to improve vehicle performance while promoting environmental sustainability. Remanufactured infotainment display screens are refurbished vehicle displays that have been restored, tested, and upgraded to deliver the same functionality and reliability as new units, offering a more sustainable and cost-efficient option. For example, in April 2025, Stellantis N.V., a Netherlands-based automotive manufacturer, collaborated with Valeo SA, a France-based automotive technology company, to introduce remanufactured LED headlamps and infotainment display screens as part of their sustainability initiative. These remanufactured components reuse up to 50 percent of raw materials from end-of-life LED headlamps, particularly high-value LED modules, and reduce CO₂ emissions by as much as 70 percent compared to new production. Meeting original equipment manufacturer (OEM) standards, they provide equivalent performance and warranty coverage, reinforcing Stellantis and Valeo’s commitment to circular economy principles and sustainable automotive manufacturing.

In August 2024, BBB Industries LLC, a US-based remanufacturing company, acquired All Star Auto Parts Inc. for an undisclosed amount. With this acquisition, BBB Industries aims to expand its electronics portfolio, enhance its range of remanufactured products and services, and further advance large-scale sustainable manufacturing initiatives to deliver greater value across its markets. All Star Auto Parts Inc. is a US-based company specializing in the remanufacturing of automotive components.

Major players operating in the remanufactured automotive parts market are Robert Bosch GmbH, BorgWarner Inc., ZF Friedrichshafen AG, Denso Corporation, Valeo SA, Eaton Corporation, Caterpillar Inc., Cummins Inc., LKQ Corporation, Schaeffler Group, Cardone Industries Inc., BBB Industries LLC, Dana Incorporated, Marelli S.p.A, Tenneco Inc., Remy International Inc., Motorcar Parts of America Inc., Aisin Seiki Co. Ltd., Volvo AB, Jasper Engines & Transmissions, ATC Drivetrain Inc., Borg Automotive A/S, Demand Detroit, Genuine Parts Company, Carwood Group, Marshall Engines Inc., Aer Manufacturing Inc., Monark Automotive GmbH, NAPA Auto Parts, Teamec BVBA, Maval Industries LLC, Meritor Inc., Stellantis NV.

North America was the largest region in the remanufactured automotive parts market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the remanufactured automotive parts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The swift increase in U.S. tariffs and the ensuing trade tensions in spring 2025 are significantly affecting the machinery sector by increasing costs for steel, hydraulic systems, and precision bearings critical components often imported from tariff-affected regions. Manufacturers of construction, agricultural, and industrial machinery now face squeezed margins, as many long-term contracts prevent immediate price adjustments. The uncertainty has also delayed investment in automation and smart machinery technologies, slowing productivity gains. To adapt, firms are accelerating local supplier development, redesigning products to use alternative materials, and leveraging predictive maintenance to extend equipment lifespans amid higher replacement costs.

The remanufactured automotive parts market research report is one of a series of new reports that provides remanufactured automotive parts market statistics, including remanufactured automotive parts industry global market size, regional shares, competitors with a remanufactured automotive parts market share, detailed remanufactured automotive parts market segments, market trends and opportunities, and any further data you may need to thrive in the remanufactured automotive parts industry. This remanufactured automotive parts market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Remanufactured automotive parts are used vehicle components that have been disassembled, cleaned, repaired, and restored to meet or exceed original equipment manufacturer (OEM) standards. They provide a cost-effective and environmentally sustainable alternative to new parts while maintaining reliable performance and safety.

The main part types of remanufactured automotive parts are engine parts, transmission parts, electrical parts, and body parts. Engine parts refer to the individual components that make up an engine, each performing specific functions to ensure the engine operates efficiently and effectively. These serve various vehicle types such as passenger cars, commercial vehicles, and sport utility vehicles (SUVs), while sourcing materials from recycled metals, reused components, and refurbished parts. The remanufacturing processes primarily include core return, exchange, and repair and are distributed through multiple sales channels, including the aftermarket, original equipment manufacturers (OEM), and online.

The countries covered in the remanufactured automotive parts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The remanufactured automotive parts market consists of sales of alternators, brake components, fuel injection systems, steering components, and suspension parts. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.