Remanufactured Parts Market

Remanufactured Parts Market by Parts (Engine, Transmission, Turbocharger, Fuel System, Electronics, Others), Product Type, Vehicle Type, Electric Vehicle Type, and Region - Global Forecast to 2025

Report Code: UC 1852 Jun, 2024, by marketsandmarkets.com

The remanufactured parts market is primarily driven by the increasing average age of existing vehicle fleets, growing awareness regarding the carbon footprint and overall environmental impact of newly manufactured products is driving the market for remanufactured parts in automotive industry. The base year considered for the study is 2016, and the forecast period is 2017 to 2025.

Objectives of the Report

  • To define, segment, and forecast the remanufactured parts market (2017–2025), in terms of volume (‘000 units) and value (USD million)
  • To define, describe, and project the remanufactured parts market, by parts (engine, transmission, turbocharger, fuel system, electronics and others) at regional level
  • To define, describe, and project the remanufactured parts market, by product type (OE, new equipment, recycled part, repaired part) at regional level
  • To define, describe, and project the remanufactured parts market, by electric vehicle type (BEV, PHEV, and HEV) at regional level
  • To define, segment, and forecast the remanufactured parts market (2017–2025), by vehicle type (passenger car, LCV and HCV) at country level
  • The regions to be covered in the report scope are Asia Oceania, Europe, North America and RoW
  • To provide a detailed analysis of various forces acting in the remanufactured parts market (drivers, restraints, opportunities, and challenges)
  • To analyze the company profiles which will include the business overview, recent financials, products and services, recent developments and SWOT analysis for the top five players.

The research methodology used in the report involves primary and secondary sources and follows a bottom-up as well as top-down approach for the purpose of data triangulation. The study involves the country-level aftermarket sizing calculation which is further segmented into by parts, by product type, by electric vehicle type at regional level. This analysis involves historical trends as well as existing trends of auto parts getting remanufactured at regional level based on the factors such as demand for remanufactured parts, stringent regulations related to climatic conditions, vehicles on road, increasing average age and others. The analysis has been discussed and validated by primary respondents, which include experts from the auto parts remanufacturing associations, independent and dependent aftermarket suppliers, and manufacturers. Secondary sources include associations such as MERA (The Remanufacturing Association), Automotive Engine Rebuilders Association, Automotive Transmission Rebuilders Association, Automotive Engine Rebuilders Association and directories such as Factiva and Bloomberg.

The ecosystem of the remanufactured parts market consists of material supplier, manufacturers, seller and consumer. The major manufacturers involved are Detroit Diesel Corporation (US), Jasper Engines & Transmissions (US), ZF Friedrichshafen AG (Germany), Genuine Parts Company (US), Caterpillar (US) and others.

Target Audience

  • Automotive aftermarket parts suppliers
  • Automotive Parts Manufacturers
  • Remanufacturers of automotive parts
  • Original Equipment Suppliers (OES)
  • Independent Aftermarket Suppliers
  • Remanufacturing auto parts association, Rebuilders association, Recycler Forums
  • Repair Councils, Remarketers & Servicers
  • Government’s national and regional environmental regulatory agencies or organizations
  • The automobile industry and related end-user industries

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Scope of the Report

  • Remanufactured Parts Market, By Parts
    • Engine
    • Transmission
    • Turbocharger
    • Fuel system
    • Electronics
    • Others
  • Remanufactured Parts Market, By Product
    • OE
    • New Equipment
    • Recycled Part
    • Repaired Part
  • Remanufactured Parts Market for Electric Vehicles, By Vehicle Type
    • Battery Electric Vehicle (BEV)
    • Plug-In Hybrid Electric Vehicle (PHEV)
    • Hybrid Electric Vehicle (HEV)
  • Remanufactured Parts Market, By Vehicle Type
    • Passenger Car
    • LCV
    • HCV
  • Remanufactured Parts Market, By Region & Country
    • Asia-Oceania (China, Japan, South Korea, India, and Others)
    • Europe (Germany, France, Italy, UK, and Others)
    • North America (US, Mexico, and Canada)
    • Rest of the World (Brazil, Russia, and Others)

Table of Content

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered in the Report
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Secondary Sources
           2.2.2 Data From Secondary Sources
    2.3 Primary Data
           2.3.1 Sampling Techniques & Data Collection Methods
           2.3.2 Primary Participants
    2.4 Factor Analysis
    2.5 Market Size Estimation
    2.6 Market Crackdown and Data Triangulation
    2.7 Assumptions

3 Executive Summary

4 Premium Insights

5 Market Overview
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
           5.2.2 Restraints
           5.2.3 Opportunities
           5.2.4 Challenges
    5.3 Macro Indicator Analysis

6 Remanufactured Parts Market, By Parts
    6.1 Introduction
           6.1.1 Engine
           6.1.2 Transmission
           6.1.3 Turbocharger
           6.1.4 Fuel System
           6.1.5 Electronics
           6.1.6 Others

7 Remanufactured Parts Market, By Product Type
    7.1 Introduction
           7.1.1 Original Equipment
           7.1.2 New Equipment
           7.1.3 Recycled Parts
           7.1.4 Repaired Parts

8 Remanufactured Parts Market, By Electric Vehicle Type
    8.1 Introduction
           8.1.1 Battery Electric Vehicle
           8.1.2 Hybrid Electric Vehicle
           8.1.3 Plug-In Hybrid Vehicle

9 Remanufactured Parts Market, By Vehicle Type
    9.1 Introduction
           9.1.1 Passenger Car
           9.1.2 LCV
           9.1.3 HCV

10 Remanufactured Parts Market, By Country
     10.1 Introduction
     10.2 Asia Oceania 
             10.2.1 China
             10.2.2 Japan
             10.2.3 India
             10.2.4 South Korea
     10.3 Europe
             10.3.1 Germany
             10.3.2 UK
             10.3.3 Italy
             10.3.4 France
     10.4 North America
             10.4.1 US
             10.4.2 Canada
             10.4.3 Mexico
     10.5 RoW
             10.5.1 Brazil
             10.5.2 Russia

11 Competitive Landscape
     11.1 Overview 
     11.2 Market Ranking Analysis 
     11.3 Competitive Situation & Trends
             11.3.1 Supply Contracts/Partnerships/Joint Ventures
             11.3.2 New Product Developments
             11.3.3 Expansions
             11.3.4 Mergers & Acquisitions

12 Company Profiles
(Business Overview, Recent Financials, Products & Services, Recent Developments, SWOT Analysis of Top 5 Companies)*
     12.1 Detroit Diesel Corporation (Daimler Company.)
     12.2 Genuine Parts Company
     12.3 Jasper Engines & Transmissions
     12.4 Marshall's Automotive Machine Inc 
     12.5 ZF Friedrichshafen AG
     12.6 Robert Bosch GmbH
     12.7 Springfield Remanufacturing Corp.,
     12.8 Cardone Industries
     12.9 Caterpillar
     12.10 Standard Motor Products, Inc.
     12.11 BBB Industries
     12.12 Borgwarner Automotive

13 Appendix


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