The global automotive aftermarket parts industry continues to expand at a robust pace, fueled by rising vehicle ownership, increasing average vehicle age, and growing consumer preference for cost-effective repair solutions over replacements. According to a 2023 report by Mordor Intelligence, the market was valued at USD 397.76 billion in 2022 and is projected to grow […]
Category Archives: top 10 manufacturers
top 10 manufacturers
The global automotive air conditioning compressor market is experiencing robust growth, driven by rising vehicle production, increasing demand for passenger comfort, and advancements in energy-efficient cooling technologies. According to a 2023 report by Mordor Intelligence, the market was valued at USD 15.2 billion in 2022 and is projected to grow at a CAGR of 6.8% […]
The global automotive aftermarket is experiencing robust expansion, driven by increasing vehicle ownership, rising consumer expectations for long-term reliability, and a growing preference for extended service coverage. According to Mordor Intelligence, the automotive aftermarket size was valued at USD 397.84 billion in 2023 and is projected to grow at a CAGR of over 5.8% from […]
The global automotive industry, valued at over USD 3.5 trillion in 2023 and projected to grow at a CAGR of approximately 5.8% through 2030 (Grand View Research, 2023), continues to expand amid rising demand for electric vehicles, advanced driver-assistance systems (ADAS), and connected car technologies. However, this rapid innovation and production scale-up have coincided with […]
The global automotive parts manufacturing industry is undergoing rapid transformation, driven by technological advancements, increasing vehicle production, and rising demand for fuel-efficient and electric vehicles. According to a 2023 report by Mordor Intelligence, the automotive components market was valued at USD 1.5 trillion in 2022 and is projected to grow at a compound annual growth […]
The global automotive components manufacturing industry is experiencing robust growth, driven by rising vehicle production, technological advancements, and increasing demand for lightweight and fuel-efficient parts. According to a report by Mordor Intelligence, the global automotive components market was valued at USD 1.7 trillion in 2023 and is projected to grow at a CAGR of over […]
The U.S. automobile manufacturing industry remains a cornerstone of the nation’s industrial economy, contributing significantly to employment, GDP, and technological innovation. According to Grand View Research, the U.S. automotive market size was valued at USD 796.4 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 5.8% from 2023 […]
The Italian automobile manufacturing industry continues to assert its global influence, combining iconic design, high-performance engineering, and a rich automotive heritage. According to Grand View Research, the global automotive market was valued at USD 3.5 trillion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 5.8% from 2024 to […]
The Indian automobile manufacturing industry has emerged as a key driver of economic growth, fueled by rising disposable incomes, urbanization, and supportive government policies such as “Make in India.” According to Mordor Intelligence, the India Automobile Market was valued at approximately USD 135 billion in 2023 and is projected to grow at a compound annual […]
The German automotive industry remains a cornerstone of global manufacturing, contributing approximately 3.5% to the country’s GDP and accounting for nearly one-fifth of Europe’s total vehicle production. According to Mordor Intelligence, the Germany Automotive Market is projected to grow at a CAGR of over 4.8% from 2024 to 2029, driven by increasing investment in electric […]