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Credence Research
Chris Smith
105 N 1st ST #429, SAN JOSE,, CA 95103, United States

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Automotive Parts Remanufacturing Market Examined In New Market Research Report
According to a new market research report published by Credence Research “Automotive Parts remanufacturing Market was valued at US$ 33.16 Bn in 2016 and is estimated to grow at a CAGR of 6.6% from 2017 to 2025., 10/15/2018 - Credence Research, the leading business intelligence provider, has published its latest research, "Automotive Parts Remanufacturing Market 2025", which gives insights into Automotive Parts Remanufacturing in the Global market. The report determines the market size for 2018, along with forecasts until 2025. It is built using data and information sourced from exclusive databases, primary and secondary research, and in-house analysis carried out by Credence Research’s team of industry experts.

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Market Insights

Remanufacturing of automotive components is a form of the recovery process to remanufacture a machine part or component that would match the customer’s expectation as a replacement. Automotive parts remanufacturing offers a variety of benefits to the modern day automobile industry. Economic benefits for both remanufacturing companies as well as the customers are considered as the biggest driver for the overall automotive parts remanufacturing market. Remanufacturing aids in reducing cost pertaining to major parameters such as material, machining, production time, energy, fuel and labor costs, among other. In addition, present-day automobiles are made flexible in a way so that they can easily incorporate remanufactured parts without affecting the performance of the vehicle.

The aforementioned factors have created a positive impact on the demand for remanufactured automotive parts. Consequently, the demand for remanufactured automotive parts is expected to grow consistently throughout the forecast period.

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Leading Players:

Major players in the market include Caterpillar Inc., Robert Bosch GmbH, ZF Friedrichshafen AG, BORG Automotive A/S, Detroit Diesel Corporation, Motorcar Parts of America, Inc., Marshall Engines, Standard Motor Products Inc., Cardone Industries Inc., Genuine Parts Company, Maval Manufacturing Inc., ATC Drivetrain Inc., Teamec BVBA, Ander Niermann, and Jasper Engines and Transmissions.


• The report presents the brief overview of Automotive Parts Remanufacturing Market including business description, key information and facts, and its locations and subsidiaries

• The report features product description and descriptive mechanism of action for key products along with the products developmental history and major milestones

• Special feature on out-licensed and partnered product portfolio

• The report summarizes all the dormant and discontinued projects

• Latest company statement

• Latest news and deals relating to the Automotive Parts Remanufacturing products

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Research methodology

The following research methods were used in this report:

• Desk study

• A questionnaire survey among specialty retail chains

• Analyzing statistical data released by the Federal Customs Service

• Desk study sources include materials taken from print and online media conference materials.

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