The global spare parts manufacturing market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth in this market is attributed to the increasing demand for spare parts in various industries such as automotive, construction equipment, and consumer electronics. The automotive industry is one of the major end-users of spare parts and it has been witnessing an increase in demand for replacement parts due to increased vehicle production and sales across the globe. In addition, there has been an increase in demand for spare parts from construction equipment manufacturers due to increased investments by governments on infrastructure development projects across emerging economies such as India and China. The global plastic spares manufacturing market size was valued at USD XX billion in 2018 and is projected to reach USD XX billion by 2030, growing at a CAGR of 4.5% during 2019-2030. The global metal spares manufacturing market size was valued at USD XX billion in 2018 and is projected to reach USD XX billion by 2030, growing at a CAGR of 4% during 2019-2030.
Some Of The Growth Factors Of This Market:
- Increasing demand for spare parts in the automotive industry is one of the major factors driving growth in this market.
- Increasing demand for spare parts in the aerospace and defense industry is another factor driving growth in this market.
- Increasing demand for spare parts from other industries such as construction, agriculture, and mining are also contributing to growth in this market.
- The increasing number of accidents due to wear and tear on vehicles will also drive growth.
Industry Growth Insights published a new data on “Spare Parts Manufacturing Market”. The research report is titled “Spare Parts Manufacturing Market research by Types (Plastic Spare Parts, Metal Spare Parts), By Applications (Vehicle, Equipment, Consumer Electronics, Other), By Players/Companies GNA Enterprises, Spare Parts Manufacturing, Gemsons, Jayem Automotives, SCL, Bosch, Asia Rubber & Plastics, Exide, Dunlop, CEAT, Bharat Seats, JBM Group, Gayatri Industries, Wheels India Ltd, Avtec, Hi Tech Tools Company, Lucas TVS, Minda Industries, Anand Group, Sona Koyo Steering Systems”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Spare Parts Manufacturing Market Research Report
By Type
Plastic Spare Parts, Metal Spare Parts
By Application
Vehicle, Equipment, Consumer Electronics, Other
By Companies
GNA Enterprises, Spare Parts Manufacturing, Gemsons, Jayem Automotives, SCL, Bosch, Asia Rubber & Plastics, Exide, Dunlop, CEAT, Bharat Seats, JBM Group, Gayatri Industries, Wheels India Ltd, Avtec, Hi Tech Tools Company, Lucas TVS, Minda Industries, Anand Group, Sona Koyo Steering Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Spare Parts Manufacturing Market Report Segments:
The global Spare Parts Manufacturing market is segmented on the basis of:
Types
Plastic Spare Parts, Metal Spare Parts
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Vehicle, Equipment, Consumer Electronics, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GNA Enterprises
- Spare Parts Manufacturing
- Gemsons
- Jayem Automotives
- SCL
- Bosch
- Asia Rubber & Plastics
- Exide
- Dunlop
- CEAT
- Bharat Seats
- JBM Group
- Gayatri Industries
- Wheels India Ltd
- Avtec
- Hi Tech Tools Company
- Lucas TVS
- Minda Industries
- Anand Group
- Sona Koyo Steering Systems
Highlights of The Spare Parts Manufacturing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plastic Spare Parts
- Metal Spare Parts
- By Application:
- Vehicle
- Equipment
- Consumer Electronics
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Spare Parts Manufacturing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Spare parts manufacturing is the process of creating replacement parts for products. This can include anything from small components to entire machines.
Some of the key players operating in the spare parts manufacturing market are GNA Enterprises, Spare Parts Manufacturing, Gemsons, Jayem Automotives, SCL, Bosch, Asia Rubber & Plastics, Exide, Dunlop, CEAT, Bharat Seats, JBM Group, Gayatri Industries, Wheels India Ltd, Avtec, Hi Tech Tools Company, Lucas TVS, Minda Industries, Anand Group, Sona Koyo Steering Systems.
The spare parts manufacturing market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Spare Parts Manufacturing Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Spare Parts Manufacturing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Spare Parts Manufacturing Market - Supply Chain
4.5. Global Spare Parts Manufacturing Market Forecast
4.5.1. Spare Parts Manufacturing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Spare Parts Manufacturing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Spare Parts Manufacturing Market Absolute $ Opportunity
5. Global Spare Parts Manufacturing Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Spare Parts Manufacturing Market Size and Volume Forecast by Type
5.3.1. Plastic Spare Parts
5.3.2. Metal Spare Parts
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Spare Parts Manufacturing Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Spare Parts Manufacturing Market Size and Volume Forecast by Application
6.3.1. Vehicle
6.3.2. Equipment
6.3.3. Consumer Electronics
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Spare Parts Manufacturing Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Spare Parts Manufacturing Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Spare Parts Manufacturing Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Spare Parts Manufacturing Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Spare Parts Manufacturing Demand Share Forecast, 2019-2026
9. North America Spare Parts Manufacturing Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Spare Parts Manufacturing Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Spare Parts Manufacturing Market Size and Volume Forecast by Application
9.4.1. Vehicle
9.4.2. Equipment
9.4.3. Consumer Electronics
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Spare Parts Manufacturing Market Size and Volume Forecast by Type
9.7.1. Plastic Spare Parts
9.7.2. Metal Spare Parts
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Spare Parts Manufacturing Demand Share Forecast, 2019-2026
10. Latin America Spare Parts Manufacturing Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Spare Parts Manufacturing Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Spare Parts Manufacturing Market Size and Volume Forecast by Application
10.4.1. Vehicle
10.4.2. Equipment
10.4.3. Consumer Electronics
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Spare Parts Manufacturing Market Size and Volume Forecast by Type
10.7.1. Plastic Spare Parts
10.7.2. Metal Spare Parts
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Spare Parts Manufacturing Demand Share Forecast, 2019-2026
11. Europe Spare Parts Manufacturing Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Spare Parts Manufacturing Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Spare Parts Manufacturing Market Size and Volume Forecast by Application
11.4.1. Vehicle
11.4.2. Equipment
11.4.3. Consumer Electronics
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Spare Parts Manufacturing Market Size and Volume Forecast by Type
11.7.1. Plastic Spare Parts
11.7.2. Metal Spare Parts
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Spare Parts Manufacturing Demand Share, 2019-2026
12. Asia Pacific Spare Parts Manufacturing Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Spare Parts Manufacturing Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Spare Parts Manufacturing Market Size and Volume Forecast by Application
12.4.1. Vehicle
12.4.2. Equipment
12.4.3. Consumer Electronics
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Spare Parts Manufacturing Market Size and Volume Forecast by Type
12.7.1. Plastic Spare Parts
12.7.2. Metal Spare Parts
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Spare Parts Manufacturing Demand Share, 2019-2026
13. Middle East & Africa Spare Parts Manufacturing Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Spare Parts Manufacturing Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Spare Parts Manufacturing Market Size and Volume Forecast by Application
13.4.1. Vehicle
13.4.2. Equipment
13.4.3. Consumer Electronics
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Spare Parts Manufacturing Market Size and Volume Forecast by Type
13.7.1. Plastic Spare Parts
13.7.2. Metal Spare Parts
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Spare Parts Manufacturing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Spare Parts Manufacturing Market: Market Share Analysis
14.2. Spare Parts Manufacturing Distributors and Customers
14.3. Spare Parts Manufacturing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GNA Enterprises
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Spare Parts Manufacturing
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Gemsons
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jayem Automotives
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SCL
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bosch
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Asia Rubber & Plastics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Exide
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dunlop
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CEAT
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Bharat Seats
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. JBM Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Gayatri Industries
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Wheels India Ltd
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Avtec
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hi Tech Tools Company
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Lucas TVS
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Minda Industries
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Anand Group
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Sona Koyo Steering Systems
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook