World Auto Parts Remanufacturing Market Analysed by GIA in Topical Research Report Published at MarketPublishers.com14 Oct 2013 • by Natalie Aster
LONDON – Globally, the market for remanufactured auto parts is expected to surpass the USD 123bn mark by end-2018, driven by the environmental advantage offered by remanufacturing in terms of energy, raw material, and landfill space conservation. The United States is a leader in the global market. The Asia-Pacific region is likely to grow fastest, at about 23.5% CAGR through 2018, due to the availability of low cost labour in the Asian nations. Owing to the hike in demand for diesel engines, remanufactured diesel engines are showing relatively healthy growth. Surging replacement rates for transmission systems, especially in electric and hybrid cars are presenting great opportunities for remanufactured transmissions.
BORG Automotive A/S, Andre Niermann, Cardone Industries Inc., Jasper Engines and Transmissions, Caterpillar Inc., Marshall Engines Inc., Remy International Inc., TRW KFZ Ausrüstung GmbH, Motorcar Parts of America Inc. and Standard Motor Products Inc., among others, belong within the world’s leading players in the market.
Topical research report “Automotive Parts Remanufacturing: Market Research Report” drawn up by Global Industry Analysts Inc (GIA) analyses and forecasts the global auto parts remanufacturing market during 2010-2018. Market estimates and projections are provided for all of the leading geographic markets including the United States, Japan, Europe (Italy, Germany, UK, Russia, France, Spain, and the rest of Europe), APAC (China, South Korea, and the rest of APAC), and RoW. A six-year historical assessment is provided for the reviewed markets as well. The study provides an up-close look at the main trends in the market, examines the burning industry issues, profiles 107 companies including the top and niche players alike, and discusses product launches and other strategic industry developments.
Automotive Parts Remanufacturing: Market Research Report
Published: August, 2013
Price: US$ 4,950.00
Other Topical Market Research Reports by GIA Include:
- Orphan Drugs: Market Research Report
- Customer Experience Monitoring: Market Research Report
- Ion Exchange Resins: Market Research Report
- Cloud Computing Services: Market Research Report
- Seamless Pipes and Tubes: Market Research Report
More market research reports by the publisher can be found at Global Industry Analysts page.