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Automotive Performance Parts Market Opportunities and Strategies to 2033

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    Report

  • 316 Pages
  • November 2024
  • Region: Global
  • The Business Research Company
  • ID: 6031682
This report describes and explains the automotive performance parts market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.

The global automotive performance parts market reached a value of nearly $322.3 billion in 2023, having grown at a compound annual growth rate (CAGR) of 2.7% since 2018. The market is expected to grow from $322.3 billion in 2023 to $412.9 billion in 2028 at a rate of 5.1%. The market is then expected to grow at a CAGR of 5.2% from 2028 and reach $533.1 billion in 2033.

Growth in the historic period resulted from the steady expansion of the automotive industry, increased disposable income, growth in motorsports and racing activities and growing popularity of off-road vehicles. Factors that negatively affected growth in the historic period include intense competition among global manufacturers and increase in counterfeit products.

Going forward, the increasing demand for fuel-efficient vehicles, rising consumer interest in vehicle customization, increasing urbanization, expansion of automotive repair and maintenance services, expansion of e-commerce, stringent emission regulations and laws and growing demand for autonomous vehicles will drive the market. Factors that could hinder the growth of the automotive performance parts market in the future include the high cost of premium automotive performance parts and economic uncertainties or downturns.

The automotive performance parts market is segmented by product type into exhaust systems, suspension parts, brakes, fuel air and intake systems, transmission parts, power adders, and other product types. The power adders market was the largest segment of the automotive performance parts market segmented by product type, accounting for 27.5% or $88.7 billion of the total in 2023. Going forward, the power adders segment is expected to be the fastest-growing segment in the automotive performance parts market segmented by product type, at a CAGR of 6.2% during 2023-2028.

The automotive performance parts market is segmented by vehicle type into passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger cars market was the largest segment of the automotive performance parts market segmented by vehicle type, accounting for 65.7% or $211.6 billion of the total in 2023. Going forward, the passenger cars segment is expected to be the fastest-growing segment in the automotive performance parts market segmented by vehicle type, at a CAGR of 5.4% during 2023-2028.

The automotive performance parts market is segmented by sales channel into first fit and aftermarket. The aftermarket market was the largest segment of the automotive performance parts market segmented by sales channel, accounting for 70.7% or $227.9 billion of the total in 2023. Going forward, the first fit segment is expected to be the fastest-growing segment in the automotive performance parts market segmented by sales channel, at a CAGR of 5.4% during 2023-2028.

Asia-Pacific was the largest region in the automotive performance parts market, accounting for 38.3% or $123.5 billion of the total in 2023. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the automotive performance parts market will be Asia-Pacific and South America, where growth will be at CAGRs of 6.15% and 5.36% respectively. These will be followed by the Middle East and Africa, where the markets are expected to grow at CAGRs of 5.02% and 4.87% respectively.

The global automotive performance parts market is highly fragmented, with a large number of small players operating in the market. The top ten competitors in the market made up to 3.19% of the total market in 2023. ZF Friedrichshafen AG was the largest competitor with a 0.56% share of the market, followed by Mahle GmbH with 0.42%, Cummins Inc with 0.42%, LKQ Corp with 0.40%, EXEDY Corporation with 0.31%, Hyundai Mobis with 0.26%, Denso Corporation with 0.24%, Brembo NV with 0.20%, Holley Performance Products Inc with 0.19% and K&N Engineering Inc with 0.19%.

The top opportunities in the automotive performance parts market segmented by product type will arise in the power adders segment, which will gain $31 billion of global annual sales by 2028. The top opportunities in the automotive performance parts market segmented by vehicle type will arise in the passenger cars segment, which will gain $63.2 billion of global annual sales by 2028. The top opportunities in the automotive performance parts market segmented by sales channel will arise in the aftermarket segment, which will gain $62.3 billion of global annual sales by 2028. The automotive performance parts market size will gain the most in China at $21 billion.

Market-trend-based strategies for the automotive performance parts market include focus on advanced suspension and aerodynamic solutions to elevate vehicle performance for driving enthusiasts, launch of advanced e-commerce platforms to cater to the demands of racing enthusiasts, strategic partnerships and collaborations among major players to enhance product offerings, innovative exhaust systems designed to improve torque and power in popular vehicle models, focus on improving suspension geometry to achieve superior wheel alignment and cornering efficiency, focus on revolutionizing automotive collision repairs with advanced performance abrasives for all repair stages and improving motorcycle performance with cutting-edge cooling fan motors and sensor solutions.

Player-adopted strategies in the automotive performance parts market include focus on improving portfolio through strategic partnerships, enhancing operational capabilities through new product launches and enhancing business capabilities through investments.

To take advantage of the opportunities, the analyst recommends the automotive performance parts companies to focus on advanced performance enhancements, focus on innovating exhaust systems, focus on optimizing suspension geometry, focus on innovating collision repairs, focus on power adders segment for growth, expand in emerging markets, continue to focus on developed markets, focus on advanced e-commerce solutions, focus on the first fit segment for growth, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions, focus on strategic partnerships for innovation and focus on passenger cars for growth.

Table of Contents

1 Executive Summary
1.1 Automotive Performance Parts - Market Attractiveness and Macro economic Landscape
2 Table of Contents3 List of Tables4 List of Figures5 Report Structure
6 Market Characteristics
6.1 General Market Definition
6.2 Summary
6.3 Automotive Performance Parts Market Definition and Segmentations
6.4 Market Segmentation by Product Type
6.4.1 Exhaust Systems
6.4.2 Suspension Parts
6.4.3 Brakes
6.4.4 Fuel Air and Intake Systems
6.4.5 Transmission Parts
6.4.6 Power Adders
6.4.7 Other Product Types
6.5 Market Segmentation by Vehicle Type
6.5.1 Passenger Cars
6.5.2 Light Commercial Vehicles
6.5.3 Heavy Commercial Vehicles
6.6 Market Segmentation by Sales Channel
6.6.1 First Fit
6.6.2 Aftermarket
7 Major Market Trends
7.1 Advanced Suspension and Aerodynamic Solutions To Elevate Vehicle Performance For Driving Enthusiasts
7.2 Launch of Advanced E-Commerce Platforms To Cater To the Demands of Racing Enthusiasts
7.3 Strategic Partnerships and Collaborations Among Major Players To Enhance Product Offerings
7.4 Innovative Exhaust Systems Designed To Improve Torque and Power in Popular Vehicle Models
7.5 Improving Suspension Geometry To Achieve Superior Wheel Alignment and Cornering Efficiency
7.6 Revolutionizing Automotive Collision Repairs With Advanced Performance Abrasives For All Repair Stages
7.7 Improving Motorcycle Performance With Cutting-Edge Cooling Fan Motors and Sensor Solutions
8 Automotive Performance Parts Market - Macro Economic Scenario
8.1 COVID-19 Impact on the Automotive Performance Parts Market
8.2 Impact of the War in Ukraine on the Automotive Performance Parts Market
8.3 Impact of High Inflation on the Automotive Performance Parts Market
9 Global Market Size and Growth
9.1 Market Size
9.2 Historic Market Growth, 2018-2023, Value ($ Million)
9.2.1 Market Drivers 2018-2023
9.2.2 Market Restraints 2018-2023
9.3 Forecast Market Growth, 2023-2028, 2033F Value ($ Million)
9.3.1 Market Drivers 2023-2028
9.3.2 Market Restraints 2023-2028
10 Global Automotive Performance Parts Market Segmentation
10.1 Global Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
10.2 Global Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
10.3 Global Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
11 Automotive Performance Parts Market, Regional and Country Analysis
11.1 Global Automotive Performance Parts Market, by Region, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
11.2 Global Automotive Performance Parts Market, by Country, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12 Asia-Pacific Market
12.1 Summary
12.1.1 Market Overview
12.1.2 Region Information
12.1.3 Market Information
12.1.4 Background Information
12.1.5 Government Initiatives
12.1.6 Regulations
12.1.7 Regulatory Bodies
12.1.8 Major Associations
12.1.9 Taxes Levied
12.1.10 Corporate Tax Structure
12.1.11 Investments
12.1.12 Major Companies
12.2 Asia Pacific Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.3 Asia Pacific Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.4 Asia Pacific Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.5 Asia-Pacific Automotive Performance Parts Market: Country Analysis
12.6 China Market
12.7 Summary
12.7.1 Market Overview
12.7.2 Country Information
12.7.3 Market Information
12.7.4 Background Information
12.7.5 Government Initiatives
12.7.6 Regulations
12.7.7 Regulatory Bodies
12.7.8 Major Associations
12.7.9 Taxes Levied
12.7.10 Corporate Tax Structure
12.7.11 Major Companies
12.8 China Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.9 China Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.10 China Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.11 India Market
12.12 India Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.13 India Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.14 India Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.15 Japan Market
12.16 Japan Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.17 Japan Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.18 Japan Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.19 Australia Market
12.20 Australia Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.21 Australia Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.22 Australia Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.23 Indonesia Market
12.24 Indonesia Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.25 Indonesia Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.26 Indonesia Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.27 South Korea Market
12.28 South Korea Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.29 South Korea Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.30 South Korea Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13 Western Europe Market
13.1 Summary
13.1.1 Market Overview
13.1.2 Region Information
13.1.3 Market Information
13.1.4 Background Information
13.1.5 Government Initiatives
13.1.6 Regulations
13.1.7 Regulatory Bodies
13.1.8 Major Associations
13.1.9 Taxes Levied
13.1.10 Corporate Tax Structure
13.1.11 Investments
13.1.12 Major Companies
13.2 Western Europe Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.3 Western Europe Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.4 Western Europe Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.5 Western Europe Automotive Performance Parts Market: Country Analysis
13.6 UK Market
13.7 UK Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.8 UK Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.9 UK Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.10 Germany Market
13.11 Germany Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.12 Germany Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.13 Germany Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.14 France Market
13.15 France Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.16 France Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.17 France Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.18 Italy Market
13.19 Italy Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.20 Italy Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.21 Italy Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.22 Spain Market
13.23 Spain Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.24 Spain Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.25 Spain Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
14 Eastern Europe Market
14.1 Summary
14.1.1 Market Overview
14.1.2 Region Information
14.1.3 Market Information
14.1.4 Background Information
14.1.5 Government Initiatives
14.1.6 Regulations
14.1.7 Regulatory Bodies
14.1.8 Major Associations
14.1.9 Taxes Levied
14.1.10 Corporate Tax Structure
14.1.11 Investments
14.1.12 Major Companies
14.2 Eastern Europe Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
14.3 Eastern Europe Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
14.4 Eastern Europe Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
14.5 Eastern Europe Automotive Performance Parts Market: Country Analysis
14.6 Russia Market
14.7 Russia Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
14.8 Russia Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
14.9 Russia Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
15 North America Market
15.1 Summary
15.1.1 Market Overview
15.1.2 Region Information
15.1.3 Market Information
15.1.4 Background Information
15.1.5 Government Initiatives
15.1.6 Regulations
15.1.7 Regulatory Bodies
15.1.8 Major Associations
15.1.9 Taxes Levied
15.1.10 Corporate Tax Structure
15.1.11 Investments
15.1.12 Major Companies
15.2 North America Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
15.3 North America Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
15.4 North America Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
15.5 North America Automotive Performance Parts Market: Country Analysis
15.6 USA Market
15.7 Summary
15.7.1 Market Overview
15.7.2 Country Information
15.7.3 Market Information
15.7.4 Background Information
15.7.5 Government Initiatives
15.7.6 Regulations
15.7.7 Regulatory Bodies
15.7.8 Major Associations
15.7.9 Taxes Levied
15.7.10 Corporate Tax Structure
15.7.11 Investments
15.7.12 Major Companies
15.8 USA Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
15.9 USA Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
15.10 USA Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
15.11 Canada Market
15.12 Canada Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
15.13 Canada Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
15.14 Canada Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
16 South America Market
16.1 Summary
16.1.1 Market Overview
16.1.2 Region Information
16.1.3 Market Information
16.1.4 Background Information
16.1.5 Government Initiatives
16.1.6 Regulations
16.1.7 Regulatory Bodies
16.1.8 Major Associations
16.1.9 Taxes Levied
16.1.10 Corporate Tax Structure
16.1.11 Investments
16.1.12 Major Companies
16.2 South America Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
16.3 South America Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
16.4 South America Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
16.5 South America Automotive Performance Parts Market: Country Analysis
16.6 Brazil Market
16.7 Brazil Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
16.8 Brazil Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
16.9 Brazil Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
17 Middle East Market
17.1 Summary
17.1.1 Market Overview
17.1.2 Region Information
17.1.3 Market Information
17.1.4 Background Information
17.1.5 Government Initiatives
17.1.6 Regulations
17.1.7 Regulatory Bodies
17.1.8 Major Associations
17.1.9 Taxes Levied
17.1.10 Corporate Tax Structure
17.1.11 Investments
17.1.12 Major Companies
17.2 Middle East Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
17.3 Middle East Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
17.4 Middle East Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
18 Africa Market
18.1 Summary
18.2.1 Market Overview
18.2.2 Region Information
18.2.3 Market Information
18.2.4 Background Information
18.2.5 Government Initiatives
18.2.6 Regulations
18.2.7 Regulatory Bodies
18.2.8 Major Associations
18.2.9 Taxes Levied
18.2.10 Corporate Tax Structure
18.2.11 Investments
18.2.12 Major Companies
18.3 Africa Automotive Performance Parts Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
18.4 Africa Automotive Performance Parts Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
18.5 Africa Automotive Performance Parts Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
19 Competitive Landscape and Company Profiles
19.1 Company Profiles
19.2 ZF Friedrichshafen AG
19.2.1 Company Overview
19.2.2 Products and Services
19.2.3 Business Strategy
19.2.4 Financial Overview
19.3 Mahle GmbH
19.3.1 Company Overview
19.3.2 Products and Services
19.3.3 Business Strategy
19.3.4 Financial Overview
19.4 Cummins Inc
19.4.1 Company Overview
19.4.2 Products and Services
19.4.3 Business Strategy
19.4.4 Financial Overview
19.5 LKQ Corp
19.5.1 Company Overview
19.5.2 Products and Services
19.5.3 Business Strategy
19.5.4 Financial Overview
19.6 EXEDY Corporation
19.6.1 Company Overview
19.6.2 Products and Services
19.6.3 Business Strategy
19.6.4 Financial Overview
20 Other Major and Innovative Companies
20.1 Hyundai Mobis
20.1.1 Company Overview
20.1.2 Products and Services
20.2 Denso Corporation
20.2.1 Company Overview
20.2.2 Products and Services
20.3 Brembo N.V
20.3.1 Company Overview
20.3.2 Products and Services
20.4 Holley Performance Products, Inc.
20.4.1 Company Overview
20.4.2 Products and Services
20.5 K&N Engineering, Inc.
20.5.1 Company Overview
20.5.2 Products and Services
20.6 Robert Bosch GmbH
20.6.1 Company Overview
20.6.2 Products and Services
20.7 MagnaFlow
20.7.1 Company Overview
20.7.2 Products and Services
20.8 AISIN corporation
20.8.1 Company Overview
20.8.2 Products and Services
20.9 Valeo
20.9.1 Company Overview
20.9.2 Products and Services
20.10 Continental AG
20.10.1 Company Overview
20.10.2 Products and Services
20.11 Genuine Parts Company
20.11.1 Company Overview
20.11.2 Products and Services
20.12 UNO Minda Ltd.
20.12.1 Company Overview
20.12.2 Products and Services
20.13 HKS Inc.
20.13.1 Company Overview
20.13.2 Products and Services
20.14 Endurance Technologies Ltd
20.14.1 Company Overview
20.14.2 Products and Services
20.15 Edelbrock LLC
20.15.1 Company Overview
20.15.2 Products and Services
21 Competitive Benchmarking22 Competitive Dashboard
23 Key Mergers and Acquisitions
23.1 Brembo Acquired Ohlins Racing
23.2 Genuine Parts Company Acquired Motor Parts & Equipment Corporation
23.3 Wharton Automotive Group Acquired Competition Clutch
23.4 Samvardhana Motherson Automotive Systems Group Acquired Lumen Group
23.5 Mutares Acquired High-Performance Plastic Parts Business of MANN+HUMMEL Group
23.6 Loar Group Acquired Schroth Safety Products
23.7 ZF Acquirea Majority Stake in Rane Group
24 Opportunities and Strategies
24.1 Global Automotive Performance Parts Market in 2028 - Countries Offering Most New Opportunities
24.2 Global Automotive Performance Parts Market in 2028 - Segments Offering Most New Opportunities
24.3 Global Automotive Performance Parts Market in 2028 - Growth Strategies
24.3.1 Market Trend-based Strategies
24.3.2 Competitor Strategies
25 Automotive Performance Parts Market, Conclusions and Recommendations
25.1 Conclusions
25.2 Recommendations
25.2.1 Product
25.2.2 Place
25.2.3 Price
25.2.4 Promotion
25.2.5 People
26 Appendix
26.1 Geographies Covered
26.2 Market Data Sources
26.3 Research Methodology
26.4 Currencies
26.5 About the Analyst
26.6 Copyright and Disclaimer

Executive Summary

Automotive Performance Parts Global Market Opportunities and Strategies to 2033 provides the strategists; marketers and senior management with the critical information they need to assess the global automotive performance parts market as it emerges from the COVID-19 shut down.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
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  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
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  • Benchmark performance against key competitors..
  • Utilize the relationships between key data sets for superior strategizing.
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Description

Where is the largest and fastest-growing market for automotive performance parts? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The automotive performance parts market global report answers all these questions and many more.

The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider automotive performance parts market; and compares it with other markets.

The report covers the following chapters

  • Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by product type, by vehicle type and by sales channel.
  • Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
  • Macro-Economic Scenario- the report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the automotive performance parts market.
  • Global Market Size and Growth- Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
  • Regional and Country Analysis- Historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison by region and country.
  • Market Segmentation- Contains the market values (2018-2023) (2023-2028, 2033F) and analysis for each segment by product type, by vehicle type and by sales channel in the market. Historic (2018-2023) and forecast (2023-2028) and (2028-2033) market values and growth and market share comparison by region market.
  • Regional Market Size and Growth- Regional market size (2023), historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
  • Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
  • Other Major and Innovative Companies Details on the company profiles of other major and innovative companies in the market.
  • Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
  • Competitive Dashboard- Briefs on competitive dashboard of major players.
  • Key Mergers and Acquisitions- Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
  • Market Opportunities and Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
  • Conclusions and Recommendations- This section includes recommendations for automotive performance parts providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
  • Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

Markets Covered:

1) by Product Type: Exhaust Systems; Suspension Parts; Brakes; Fuel Air and Intake Systems; Transmission Parts; Power Adders; Other Product Types
2 by Vehicle Type: Passenger Cars; Light Commercial Vehicles; Heavy Commercial Vehicles
3) by Sales Channel: First Fit; Aftermarket

Key Companies Mentioned: ZF Friedrichshafen AG; Mahle GmbH; Cummins Inc.; LKQ Corp; EXEDY Corporation

Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; automotive performance parts indicators comparison.

Data Segmentation: Country and regional historic and forecast data; market share of competitors; market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Companies Mentioned

  • ZF Friedrichshafen AG
  • Mahle GmbH
  • Cummins Inc.
  • LKQ Corp
  • EXEDY Corporation
  • Hyundai Mobis
  • Denso Corporation
  • Brembo NV
  • Holley Performance Products Inc
  • K&N Engineering Inc.
  • HKS Co Ltd.
  • Tata Motors Limited
  • Rane Group
  • KW Automotive
  • Mishimoto Automotive
  • AEM Performance Electronics
  • Toyota Motor Corporation
  • Marelli Holdings Co Ltd.
  • Aisin Corporation
  • Akebono Brake Industry Co Ltd.
  • Pecca Group
  • CAR MATE Mfg Co Ltd.
  • Lovells Automotive
  • JRG Automotive Industries
  • Faurecia
  • Charles Trent
  • Coats Group plc
  • Continental AG
  • Volvo Vehicles
  • Robert Bosch GmbH
  • Delphi Technologies
  • Aptiv PLC
  • Valeo
  • Hella GmbH & Co. KGaA
  • Arm Holdings plc
  • Akrapovič
  • Dinan Engineering
  • ThyssenKrupp Technologies AG
  • Schaeffler Group
  • Stellantis
  • Alpina Burkard Bovensiepen GmbH & Co KG
  • Leoni AG
  • Sparco CZ
  • Raceland Coilovers & Air Suspension
  • K&N Filters
  • Tuning-Shop.com
  • AvtoVAZ
  • Skoda Auto a.s.
  • Magna International Inc.
  • Littelfuse Inc.
  • Harman
  • Auto Town Classics
  • Prevail LLC
  • Exkalibr
  • Auto Concepts
  • Metalenz Inc.
  • Sila Nanotechnologies
  • Actnano
  • Citrine Informatics
  • PreAct Technologies
  • Manufacturing Technology Inc.
  • Smart Modular
  • EPS Global
  • Nidec Mobility Brazil Ltda
  • Martins Store
  • Silva
  • Express Micro Informatica
  • Anno Domini Ltda
  • Gazer
  • Foxconn Technology Group
  • Amp Intl Fzc
  • Manoj Electronics Group of Companies
  • Prime Motors
  • Carhome Services Llc
  • Chapin Enterprise Co Ltd.
  • Shenzhen Vigreat Electronic Co Ltd.
  • Essa Al Qassab Trading
  • TecDoc Catalogue
  • Seveni Pros Auto
  • HDM Auto Electrical Parts
  • Lances Auto Repairs
  • Enduro Gearbox
  • Automax Service and Fitment Centre
  • Maidstone Auto Electrical
  • Sonic Vision Technologies Pty Ltd.

Methodology

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Table Information