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Global Automotive OEMs Market Qualitative Analysis Reveals Explosive Growth by 2026

Global Automotive OEMs Market By Components (Body, Electrical & Electronics, Interior, Power-Train & Chassis, Others), Vehicle Type (Commercial Vehicles, Passenger Cars, EV), Distribution Channel (OEM Retailers, Wholesalers & Distributors), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Automotive OEMs can be defined as those manufacturers, organisations and developers that are focused on the manufacturing of components/devices utilized in vehicles. The components/devices that are produced by these manufacturers are of the utmost quality and use the highest levels of raw materials. These parts are used in the production of vehicles during the assembly and manufacturing of the entire vehicle.

The Automotive OEMs market research report examines the various stages of the Automotive OEMs market that are contributing in boosting its development. It likewise gives a clear idea about the development rate to ones who are planning to enter the market. Before launching a new product, it is essential to know what exactly the customers need, is this product fulfilling their requirements and what will be the future of the product? In short this Automotive OEMs  market research report will give a current as well as estimated idea about overall scenario whether in terms of demand/supply or new product launch or any other specifics related to Automotive OEMs market.

Global automotive OEMs market is expected to rise with a healthy CAGR in the forecast period of 2019-2026.

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Competitive Analysis: Global Automotive OEMs Market 

Global automotive OEMs market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive OEMs market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa. Few of the major competitors currently working in the automotive OEMs market are Volkswagen AG; TOYOTA MOTOR CORPORATION; General Motors; MITSUBISHI MOTORS CORPORATION; Ford Motor Company; Nissan; BMW AG; Fiat Chrysler Automobiles; Daimler AG; Robert Bosch GmbH; Magneti Marelli S.p.A.; Continental AG; ZF Friedrichshafen AG; Exide Technologies; Siemens; MARUTI SUZUKI INDIA LIMITED; Honda Motor Co., Ltd.; Delphi Technologies; CIE Automotive; Aptiv; DENSO CORPORATION and Valeo.

 

Segmentation: Global Automotive OEMs Market 

By Components

  • Body
    • Doors
    • Windows
    • BIW (Body in White)
  • Electrical & Electronics
    • Electrical Supply System
    • Gauges
    • Ignition System
    • Lighting
    • Switches
    • Cameras & Sensors
  • Interior
    • Floor
    • Car Seat
  • Power-Train & Chassis
    • Brake System
    • Engine
    • Exhaust System
    • Fuel Supply
    • Suspension & Steering
    • Transmission
  • Others
    • Tires
    • Wheels
    • A/C
    • Others

By Vehicle Type

  • Commercial Vehicles
    • Light Commercial Vehicles (LCV)
    • Heavy Commercial Vehicles (HCV)
  • Passenger Cars
  • EV
    • Plug-In Hybrid Electric Vehicle (PHEV)
    • Battery Electric Vehicle (BEV)
    • Hybrid Electric Vehicle (HEV)

By Distribution Channel

  • Original Equipment Manufacturer Retailers
  • Wholesalers & Distributors

By Geography

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

Market Drivers: Global Automotive OEMs Market 

  • Innovation of technologies and advancements in product offerings is one of the major factors driving the growth of the market
  • Growth in need of light-weighted fuel efficient advanced OEM parts amid presence of strict regulations for fuel efficiency and vehicle emissions; this factor is expected to act as a driver for the growth of the market

Market Restraints: Global Automotive OEMs Market 

  • High cost of OEM parts and components is one of the major factors acting as a restraint to the growth of the market
  • Increasing prevalence of counterfeit OEM products in the market is expected to restrain the growth of the market

Key Developments in the Market:

  • In September 2018, CIE Automotive announced they had acquired INTEVA ROOF SYSTEMS, for USD 755 million. With this acquisition CIE has achieved the status of top three roof system manufacturers globally. This acquisition includes various manufacturing facilities as well as R&D centers globally, along with the customer portfolio of various automotive OEMs
  • In March 2018, Volkswagen AG announced that they are planning to expand their production of electric vehicles globally, where around 16 locations worldwide will be focused on the production of electric vehicles. This expansion plans will be aligned with the market adoption of electric vehicles preferences and usages

Access Detailed TOC at: https://databridgemarketresearch.com/toc/?dbmr=global-automotive-oems-market

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