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Automotive Thermal Management System Industry Outlook by Size, Share, Growth, Trends, and Region 2019 to 2023

Automotive Thermal Management System Market: By System (Heating, Ventilation and Air Condition (HVAC), Powertrain Cooling, Fluid Transport and others), By Technology (Active Transmission Warmup, Exhaust gas recirculation (EGR), Reduced HVAC System Loading and Other Technologies), By Propulsion [Internal Combustion Engine (ICE) Vehicle, and Electric Vehicle (Battery Electric Vehicle, Hybrid Electric Vehicle, and Plug-in Hybrid Electric Vehicle)], By Vehicle Type (Passenger Vehicle and Commercial Vehicle) and Region – Forecast till 2023

Some of the key players in the global automotive thermal management system market include Hanon Systems, BorgWarner Inc., Denso Corporation, MAHLE GmbH, VOSS Automotive GmbH, Gentherm, Robert Bosch GmbH, Modine Manufacturing Company, Dana Limited, and Valeo.

Read More On Global Automotive Thermal Management System Market: https://www.marketresearchfuture.com/reports/automotive-thermal-management-system-market-6063

Automotive thermal management system forms a vital part of the automobiles since assist in reducing vehicular emission. Automotive thermal management system are able to maintain desired temperature in the internal combustion engine and thus help in improving the fuel efficiency of vehicles. Stringent government regulations aimed at emission control is primarily driving the growth of the market. International automotive standards have mandated the installation of automotive thermal management systems in cars.  The global automotive thermal management market is poised to capture a CAGR of 4.50% over the forecast period of 2018-2023, asserts Market Research Future (MRFR) in a detailed study.

The outlook remains positive for the global automotive thermal management system market for the medium term. Growth has been steady with minor fluctuations recorded past couple of years. The market is projected to capture a CAGR of 4.50% during the forecast period (2018-2023). OEMs remain cautious of the changes brought in by disruptive technologies in the automotive sector. The focus is shifting towards development of products that are future-ready. Moreover, increasing popularity of electric car is likely to create new avenues for market players in the years to come.

The global automotive thermal management system market has been segmented based on system, technology, propulsion, and vehicle type.

By system, the global automotive thermal power management system market has been segmented into heating, ventilation and air condition (HVAC), powertrain cooling, fluid transport, and others. The HVAC segment accounted for the largest share of the market in 2018 and is expected to maintain its dominance over the forecast period. The4 HVAC segment is poised to reach a valuation of USD 23 Bn at a CAGR of 4.10% by the end of the forecast period.

By technology, the global automotive thermal management system market has been segmented into active transmission warm-up, exhaust gas recirculation (EGR), reduced HVAC system loading, and other technologies. The active transmission warm-up segment currently accounts for the largest share of the market and is anticipated to reach a valuation of USD 30.59 Bn by the end of 2023.

By propulsion, the global automotive thermal management system market has been segmented into internal combustion engine (ICE) vehicle and electric vehicle. The electric vehicle segment has been further segmented into battery electric vehicle, hybrid electric vehicle, and plug-in hybrid electric vehicle (PHEVs). The ICE segment accounted for almost 92% share of the market in 2017 and is anticipated to exhibit a CAGR of 4.29% over the forecast period. Meanwhile, the electric vehicle segment is likely to witness the highest CAGR over the forecast period.

By vehicle type, the global automotive thermal management system market has been segmented into passenger type and commercial vehicle. The passenger vehicle segment is leading the market and attained a valuation of over USD 42 Bn in 2017.

On the basis of region, the market has been segmented into North America, Europe, Asia Pacific (APAC) and RoW. Asia Pacific is expected to remain a highly attractive market for automotive thermal management systems in the forthcoming years. In 2017, the region accounted for more than one-third share of the market in terms of value. APAC countries such as Japan, South Korea, China, and India are gaining mileage in automotive manufacturing. China accounted for the largest market share due to the increased demand for passenger and commercial vehicles. In APAC, the market in Japan is expected to witness the highest growth during the forecast period.  Europe and North America are expected to retain their position as second and the third largest market for automotive thermal management system.

Browse more @ https://www.kitv.com/story/39363698/automotive-thermal-management-market-2018-industry-size-share-trends-growth-competitive-landscape-and-global-forecast-to-2023

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Global Vehicle Anti-Theft Industry: Market Size, Share, Growth, and Regional Forecast 2019 To 2023

Vehicle Anti-Theft Market to Thrive Moderately at a Healthy CAGR during the Forecast Period 2019 to 2022. Global Vehicle Anti-Theft Market, by product (Immobilizer, Steering lock, Central locking, alarm), by technology (GPS, GSM, RTLS, Face detection system, automotive biometric technology) by vehicle type (Passenger car, Commercial vehicle).

Competitive Dashboard:

Some of the key players profiled in the report are Continental AG, Tokai Rika, Ltd., Lear Corporation, Johnson Electric, Robert Bosch GmbH, Delphi Automotive LLP, Mitsubishi Electric Corporation, ZF-TRW, and VOXX International Corp.

For more details visit:  https://www.marketresearchfuture.com/reports/vehicle-anti-theft-market-2036

Market Synopsis:

Vehicle anti-theft system is a technology which is used to prevent unauthorized access of vehicle. Anti-theft systems have evolved from the invention of lock and key to the introduction of biometric technology. Anti-theft devices adds security to vehicles and may also lower vehicle insurance rates. It also provides advanced protection like stolen vehicle tracking, microprocessors with digital signal processing, ultrasonic sensors, rechargeable batteries, and closed tool chain for configuration and simulation.

Market Research Future (MRFR)’s latest study reveals that the global vehicle anti-theft market is set to exhibit a substantial growth at a moderate pace over the forecast period 2016 to 2022. The technological advancements adopted by the vehicle anti-theft industry leaders is expected to catapult the market on an upward trajectory for the next few years.

Vehicle Anti-Theft market is application driven, and systems are gaining popularity across the end user and technologies like such as GPS, RTLS, and Automotive Biometric Technology which is referred as one of the major driving factors for market. Asia pacific is estimated to account for the largest share, in terms of value, of the Vehicle Anti-Theft System Market. This can be mainly attributed to the rising vehicle production and the increasing installation of safety features in passenger cars, commercial vehicles.

Asia Pacific is followed by North America and Europe. Increasing installation of safety features and rising vehicle production and the presence of manufacturers such as Ford Motor Company, General Motors, and Fiat in the region are driving the market of vehicle anti-theft. Additionally, high demand from customers and high purchasing power has upped demand for vehicles and boosted the market for anti-theft vehicle systems.

Get Detailed Information@ https://www.marketwatch.com/press-release/vehicle-anti-theft-system-market-2018-global-industry-analysis-by-size-trends-growth-factors-share-emerging-technologies-key-country-region-and-competitive-landscape-forecast-to-2023-2018-11-05

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Automotive Chassis Industry Global Market Analysis from 2019 To 2023

Automotive Chassis Market To Expand Steadily At A CAGR Of 5.76% During 2019-2023. Automotive Chassis Market Information Report by Chassis Type (Backbone, Ladder, Monocoque, Modular, and Others), Material (Steel, Aluminum Alloy, Carbon Fiber Composite), Chassis System (Axle, Corner Modules, and Active Kinematics Control), Vehicle Type (Passenger Car and Commercial Vehicle), and region.

Key Players:

The prominent players profiled by MRFR in the report on the global automotive chassis market are Continental (Germany), ZF Friedrichshafen (Germany), Magna (Canada), Schaeffler (Germany), Aisin Seiki (Japan), CIE Automotive (Spain), Benteler (Germany), Hyundai Mobis (Korea Republic) and AL-KO (Germany), Gestamp (Spain), and others.

For more details visit: https://www.marketresearchfuture.com/reports/automotive-chassis-market-5183

Market Overview:

There are various factors that are responsible for the growth of automotive chassis market. Some of them are the growing automotive industry along with the technological advancements in automotive chassis, changing preference of the automotive manufacturers, increased investment in research & development. The automotive industry has been growing due to the increase in demand for the passenger and commercial vehicles. Emerging countries such as India, China, and Japan are expected to have a huge demand for the cars that have increased the safety features and improved fuel efficiency. The increase in the demand for both passenger and commercial vehicles will result in the growing demand for automotive chassis market during the forecast period. The increased investment in the research and development by the automotive industry to develop products that stand out in the market, will drive the automotive chassis market. Companies are investing heavily and increasing their research budget to remain upfront in the market. This will drive the market in the future. The automotive chassis market is expected to grow at a CAGR of 5.76% during the forecast period.

Market Segmentation:

The global automotive chassis market has been segmented on the basis of chassis type, material, chassis system and vehicle type. Based on chassis type, the automotive chassis market is segmented into backbone, ladder, monocoque, modular, and others. Based on material, the automotive chassis market is segmented into steel, aluminum alloy and carbon fiber composite. Based on chassis system, the automotive chassis market is segmented into axle, corner modules, and active kinematics control. Based on vehicle type, the automotive chassis market is segmented into vehicle type, passenger car and commercial vehicle. 

Regional Analysis:

On the basis of region, the market is segmented as North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to dominate the automotive chassis market during the forecast period due to the growing demand of vehicle in emerging countries such as India, China, and Japan. The increased in safety of the structure will lead to increase in demand for sustainable chassis system in the vehiclee and will drive the automotive chassis market in the Asia Pacific region. There has been an increase in production of the passenger and commercial vehicle, which will lead to growing demand for chassis system in the vehicle. This will drive the automotive chassis market during the forecast period. North America is expected to be the second largest region dominating the automotive chassis market during the forecast period. In North America, there is increase demand for light weight vehicle and increased fuel efficiency of the car. This growing demand for the light weight body will drive the automotive chassis market during the forecast period in this region.

Get Detailed Information@ https://www.marketwatch.com/press-release/automotive-chassis-market-2018-global-industry-share-size-growth-factors-trends-key-country-analysis-and-competitive-forecast-to-2023-2018-07-05

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:

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Office No. 528,

Amanora Chambers Magarpatta Road,

Pune, India.,

sales@marketresearchfuture.com

Phone: +1 646 845 9312

Global Automotive Starter Motor Industry: Market Size, Share, Growth, and Regional Forecast 2019 To 2023

Due to rising demand for passenger and commercial vehicles, the Global Automotive Starter Motor Market expected to rise with 4.55% CAGR between 2019 and 2023. Automotive Starter Motor Market Information Report by Type (electric, pneumatic, and hydraulic), Component (armature, starter drive gear, shift fork, return spring, solenoid, brush, and others), Engine Type (diesel engine and gasoline engine), Vehicle Type (passenger car and commercial vehicle), and Region.

Key Players

The key players in the global automotive starter motor market include ASIMCO Technologies Ltd. (China), BBB Industries (USA), BorgWarner Inc. (USA), Cummins Inc. (USA), Denso Corporation (Japan), Hella KGaA Hueck & Co. (Germany), Hitachi Automotive Systems, Ltd. (Japan), Lucas Electrical Limited (UK), Mitsuba Corporation (Japan), Mitsubishi Electric (Japan), Ningbo zhongwang AUTO Fittings Co.,Ltd. (China), Remy International, Inc. (USA), Robert Bosch GmbH (Germany), Unipoint Electric MFG Co., Ltd. (Taiwan), and Valeo SA (France).

For more details visit: https://www.marketresearchfuture.com/reports/automotive-starter-motor-market-5626

Currently, the automotive industry prefers automotive starter motor in diesel and gasoline engines. Automotive starter motor initiates the operation of the vehicle by rotating an internal combustion engine. Market Research Future (MRFR) has published a report about the global automotive starter motor market that conjectures growth with 4.55% CAGR (Compound Annual Growth Rate) for this market between 2017 and 2023. The key factors that are driving the growth of this market include the development of advanced technology, the rise in the demand for passenger and commercial vehicles, and stringent government regulations for emission. In the emerging economies, the market is rising primarily due to a rise in the demand for passenger and commercial vehicles. Due to regulations regarding emissions, the demand for electric starter motor has started to rise.

The Automotive starter motor market is segmented based on type, component, engine type, and vehicle type. By type, the market is segmented based on electric, pneumatic, and hydraulic. Electric starter motor segment is expected to dominate the market during the forecast period due to increase in demand for gasoline operated vehicles. There has been growing sales of passenger and commercial vehicle operated by gasoline in emerging countries. This will increase the demand for installation of electric starter motor. By component, the market is segmented into armature, starter drive gear, shift fork, return spring, solenoid, brush, and others. Solenoid segment is expected to dominate the market during the forecast period because it allows large electric current pass through the starter motor. By engine type, the market is segmented based on gasoline and diesel. The gasoline segment is expected to dominate the market during the forecast period due to increase in the production of gasoline-powered passenger and commercial vehicles.

The regional segmentation of the global automotive starter motor market segments the market into regional markets like North America, Europe, Asia Pacific, and the rest of the world (RoW). The Asia Pacific market is likely to emerge as a fast-growing market during the forecast period because due to economies rising, the personal disposable income of people in this region is rising because of which the automotive sales are growing in this region, especially in countries like India and China. Another significant country-specific market in this region is Japan, followed by the rest of the Asia Pacific region.

Get Detailed Information@ https://www.marketwatch.com/press-release/automotive-starter-motor-market-2018-global-industry-size-trends-share-competitive-landscape-opportunity-growth-factors-and-regional-outlook-to-2023-2018-08-30

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:

Market Research Future

Office No. 528,

Amanora Chambers Magarpatta Road,

Pune, India.,

sales@marketresearchfuture.com

Phone: +1 646 845 9312

Global Electric Vehicle Charging Station Industry: Market Size, Share, Growth, and Regional Forecast 2019 To 2023

With electric vehicles reducing our dependence on fuel-based vehicles, the Global Electric vehicle Charging Station Market likely to grow between 2016 and 2023 With electric vehicles reducing the dependence on vehicles running on fuel, there is a need for an electric vehicle charging station. The market for this has been growing lately. Market Research Future (MRFR) has unveiled a research report about the global electric vehicle charging station market that anticipates hike for this market between 2019 and 2023.

For more details visit: https://www.marketresearchfuture.com/reports/electric-vehicle-charging-station-market-5401

Key Players:

The key players in the global electric vehicle charging station market include ABB Ltd. (Switzerland), AeroVironment Inc. (USA), Elektromotive Limited (UK), GE Company (USA), and Schneider Electric SE (France).

The global electric vehicle charging station market has witnessed significant growth in recent past. Rapidly rising popularity of electric vehicles among consumers has significantly contributed growth of the electric vehicle charging station market. Increasing awareness among individuals regarding the depleting state of the environment, combined with the substantial advantages of electric vehicles over traditional fuel based vehicles is expected to further fuel the demand for electric vehicles, leading to increasing demand for electric vehicle charging stations. With OEMs focusing on connected electric vehicle solutions for customers with electric vehicles range anxiety, the market for electric vehicle charging stations is poised for rapid growth in the near future.

The regional segmentation of the global electric vehicle charging station market segments the market into the regional markets namely North America, Europe, Asia Pacific and the Middle East & Africa (MEA). According to the report, Asia Pacific is expected to emerge as the biggest regional market during the forecast period, followed by Europe and North America. The cream of the market revenue in the Asia Pacific region comes from China, Japan, India, and South Korea, followed by the rest of the Asia Pacific region. MEA region is a small market. The market is low due to, lack of education, lack of technological development, and political instability. There is a steady rise due to governments trying to reduce dependence on fuel based vehicles.

The report for Global Electric vehicle Charging Station Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Factors driving the North American market include rapidly increasing sales of electric vehicles, supported by government initiatives and increasing fuel prices, and the massive expense in the development of electric vehicle infrastructure (recharge stations) and other policies. In North America, the sales of electric cars are increasing. Due to high disposable income and government initiatives, the biggest country-specific markets in North America are Canada and the United States of America (USA). Europe is one of the most promising regional markets due to the existence of profitable countries such as France, Germany, Italy, Norway, Spain, and the United Kingdom (UK).

Get Detailed Information@ https://www.marketwatch.com/press-release/electric-vehicle-charging-station-market-2018-global-industry-analysis-by-size-trends-share-key-country-opportunities-growth-emerging-technologies-and-regional-forecast-to-2023-2018-10-25

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:

Market Research Future

Office No. 528,

Amanora Chambers Magarpatta Road,

Pune, India.,

sales@marketresearchfuture.com

Phone: +1 646 845 9312

Off-Road High-Performance Vehicle Industry Outlook by Size, Share, Growth, Trends, and Region 2019 to 2023

With growing demand of all kinds of high performing vehicles, the Global Off-Road High-Performance Vehicle Market is likely to rise rapidly between 2011 and 2027. Global Off-Road High-Performance Vehicle Market Information: by Channel (OEM and Aftermarket), Application (Defense & Recreation) and by Regions – Global Forecast To 2023

Key Players

The key players in the global off-road high-performance vehicles market include 4 Wheel Parts (USA), AEV Conversions (USA), Extreme Offroad & Performance (USA), Icon Vehicle Dynamics (USA), Summit Racing Equipment (USA), Stylin Trucks (USA), Wildcat (USA), and Zone Offroad (USA).

For more details visit: https://www.marketresearchfuture.com/reports/off-road-high-performance-vehicle-market-5526

The recent shift in the preference for mileage to vehicle looks and features is also expected to result in the high demand for Off-road motorcycles. The global Off-road High-performance vehicle is also expected to grow during the forecast period owing to increasing population, rapid industrialization and aggressive expansion of manufacturing sector.  With major manufacturers investing in the booming automotive industry the Asia-pacific region, the Off-road High-performance vehicle is expected to witness rapid growth during the forecast period. Growing awareness among individuals regarding Off-road motorcycle events is expected to push the demand in this region.

The market has been witnessing rapid growth in the last two years, owing to the rising sales of motorcycles, the shift of global players focusing on this region and technological advancements are giving much-needed thrust to the automotive Off-road High-performance vehicle. The Asia-Pacific region is still a budding region for the Off-road High-performance vehicle and is expected to boom during the forecast period.

The global off-road high-performance vehicle market has been segmented on the basis of application, channel, and lastly, region. As per the application-based segmentation, this market has been segmented into defense and recreation. Based on the channel, the market has been segmented on the basis of original equipment manufacturer and aftermarket. The market for spare parts, accessories, and components for motor vehicles is known as the aftermarket.

The report for Global Off-Road High-Performance Vehicle Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Get Detailed Information@ http://www.digitaljournal.com/pr/3764305

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:

Market Research Future

Office No. 528,

Amanora Chambers Magarpatta Road,

Pune, India.,

sales@marketresearchfuture.com

Phone: +1 646 845 9312

Global Electric Truck Industry: Market Forecast 2019 To 2023

Market Research Future Published Research Report on Electric Truck Market Research Report. Global Electric Truck Market Research Report: Information by Truck Type (Medium Duty and Heavy Duty), Material (Battery, Plug-In Hybrid, Hybrid, and Hydrogen Fuel Cell), Application (Logistic, Municipal, Others) and Region – Forecast till 2023.

For more information visit: https://www.marketresearchfuture.com/reports/electric-truck-market-6261

The electric truck is a commercial vehicle that is powered through electricity. Electric trucks are a highly preferred alternative to fuel-based commercial vehicles as they are cost-effective compared to fuel based commercial vehicles and less polluting. Electric trucks are commonly used in logistic services, municipal bodies, and others.

Global electric truck market has seen remarkable growth; expected to rise at a CAGR of ~15%. Increased stringent government policies to control vehicle emissions and incentives policies to buy electric trucks in various countries such as China, the US, Germany, and Japan are the major driving factors for the global electric truck market. Increased per capita disposable income, continuous increasing fuel prices, and continuous increase in the transport activities will further drive the growth of the electric trucks market. Continuously decreasing price of the battery will draw the consumer’s attraction towards, electric mobility, which would further enhance the market revenue for the electric trucks. Moreover, due to the less operating cost associated with electric mobility and increased efforts from the side of manufacturers such as discounts on additional features or packages in the electric truck will boost the sales of the electric trucks during the forecast period. The governments in various regions such as those in Europe and North America started imposing stricter emissions targets. Government of different countries are planning to find ways to incentives fleets owner in electric trucks which result in lower vehicle emission level and opportunities for new entrants in the global market for electric trucks market. Growing demand for smart transport, government backing for purchase of smart automobiles, and increased charging infrastructure around the different parts of the world will further boost the market growth for the electric trucks and open up new opportunities for new players in the market. However, it is estimated that the high prices of the electric truck hampers the revenue for the electric truck market.

The report for Global Electric Truck Market of Market Research Future covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.

Read More On Global Automotive Aftermarket Market: https://www.marketwatch.com/press-release/electric-truck-market-2019-global-industry-growth-size-trends-share-opportunities-leading-company-key-country-analysis-sales-and-regional-forecast-to-2023-2019-01-04

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:

Market Research Future

Office No. 528,

Amanora Chambers Magarpatta Road,

Pune, India.,

sales@marketresearchfuture.com

Phone: +1 646 845 9312

Automotive Aftermarket Industry Global Market Analysis from 2019 To 2023

Automotive Aftermarket Industry Size To Expand at a Notable CAGR Of 4.40% During 2019 -2023. The global automotive aftermarket industry is expected to post a CAGR of 4.40% and attain a valuation of USD 1,023.4 Bn by the end of the forecast period of 2017-2023, reveals Market Research Future (MRFR) in a detailed study. The global automotive aftermarket industry was valued at USD 800 Bn in 2018.

For more information: https://www.marketresearchfuture.com/reports/automotive-aftermarket-industry-6251

OEMs are finding new opportunities in regions such as Asia Pacific (APAC), Latin America and the Middle East. The automotive industry is witnessing a shift from advanced economies to emerging markets. Sales remain moderate in Europe and North America while countries such as China, Mexico and India are being viewed as new pockets of growth for the automotive industry. These countries are an attractive prospect for both new car sales and aftermarket business. For many carmakers, aftermarket business is a key focus area as it allows creation of attractive revenues and profit margins. Fast-developing countries hold significant potential for aftermarket business, as reuse and refurbishing remain a prominent trend in such counties. By the year 2023, the market is likely to surpass a valuation of USD 1,000 Bn.

Market Research Future (MRFR) leverages its market expertise to deliver deep-diving market insights through critical evaluation of current market trends, opportunities and threats. The cohesive analysis carried out through primary and secondary research provision comprehensive data collection data and transfer of in-depth knowledge of the market. The primary research process includes exclusively commissioned surveys and first-hand interviews with the executive members and decision makers across the value chain such as MDs, CEOs and VPs among others. The secondary research process includes a multi-layered verification process for authentication of the primary data through valuable inputs from white paper references, SEC filings, published macroeconomic and demographic data, paid database and other sources available in public domain. These sophisticated analytical methods ensure the reliability and accuracy of the research findings, helping report users make informed business-driven decisions.

Read More On Global Automotive Aftermarket Market: https://www.marketwatch.com/press-release/automotive-aftermarket-industry-2018-trends-statistics-size-share-key-companies-growth-and-regional-forecast-to-2023-2018-08-24

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:

Market Research Future

Office No. 528,

Amanora Chambers Magarpatta Road,

Pune, India.,

sales@marketresearchfuture.com

Phone: +1 646 845 9312

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