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[Research Report] Global Market for Remanufactured Parts for Automobiles

[Research Report] Global Market for Remanufactured Parts for Automobiles

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The report forecasts that the market size for automotive remanufactured parts will grow to USD 11.0122 billion between 2022 and 2027, with a CAGR of 3.93% during the forecast period. This report provides a comprehensive analysis of the automotive remanufactured parts market, including market size and forecasts, trends, growth drivers and challenges, as well as vendor analysis covering approximately 25 vendors. The study reveals that the proliferation of 3D printing in the automotive aftermarket industry is one of the key reasons driving the growth of the automotive remanufactured parts market in the coming years. Additionally, the increasing focus on engine downsizing in the APAC region and a growing preference for public transportation are also expected to contribute significantly to market demand.

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[English Market Research Report] Spare Parts Market for Industrial Automation

[English Market Research Report] Spare Parts Market for Industrial Automation

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The growth of the spare parts market for industrial automation is attributed to increased investments and modernization efforts in traditional manufacturing facilities, along with the advancement of the transition to digital systems. This transition generates demand for automation systems and promotes the need for spare parts components for industrial automation. The rise of small and medium-sized enterprises (SMEs) and the growing interest in enhancing the safety of production processes are expected to provide many opportunities for market players. Major industrial production leaders such as Japan, South Korea, China, and the United States are adopting automation technologies to enhance production capacity and manufacturing efficiency, thereby supporting supply chain operations from raw material processing to the delivery and maintenance of automation systems. The spare parts market consists of both original equipment manufacturer (OEM) products and aftermarket products, offering a variety of prices and specifications. While OEM spare parts are expensive, they comply with the product specifications of specific manufacturers and provide high-quality performance.

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[English Market Research Report] The Global Market for Automotive Modifications

[English Market Research Report] The Global Market for Automotive Modifications

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The market size for automotive modifications is expected to steadily grow over the next few years. By 2028, it is projected to reach $68.06 billion with a compound annual growth rate (CAGR) of 3.7%. The anticipated growth during the forecast period is attributed to the DIY (do-it-yourself) culture, advancements in electric vehicles (EVs), a focus on sustainability and environmentally friendly modifications, changes in consumer lifestyles, and government incentives. Key trends expected during the forecast period include the integration of advanced infotainment systems, customization of autonomous driving features, adoption of performance tuning for electric vehicles, emphasis on aerodynamic enhancements, introduction of advanced lighting systems, and development of off-road and adventure modifications.

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