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The France auto parts manufacturing market is projected to grow at a CAGR of 2.5% between 2024 and 2032.
The engine, the most important part of a vehicle, consists of a piston, crankshaft, flying wheel and cylinder heads contributing significantly to the vehicle's overall performance and efficiency. With increasing interest towards environmental sustainability there is a strong demand for better-optimised engine designs to reduce NOx emissions. All these factors contribute to the growth of efficient auto part manufacturing in France.
In January 2024, a Taiwan-based battery maker planned to start mass production in France’s northern region of Dunkirk by 2027. The company planned to invest 5.2 billion euros in battery factories, adding them to the emerging specialised cluster of the electric car industry. Recently, they also made a tie-up with Mercedes-Benz to make all vehicles electric by 2030.
To initiate combustion, spark and glow plugs are used in petrol and diesel engines. They are connected to distributors for ideal firing time which allows spark plugs to initiate sparks at the correct firing order. They are vital components in the engine combustion process any deviation from the firing order can cause energy loss and inefficient combustion. Automotive components play a vital role in the functioning of a vehicle, the engine being the heart of the vehicle process combustion of petrol and diesel, which allows the vehicle to move forward. With heavy investment in R&D in France, the automotive component market is growing at a rapid pace.
France Auto Parts Manufacturing Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Component
Market Breakup by Vehicle Type
Market Breakup by Sales Channel
In the auto part manufacturing industry, sales are segmented into original equipment manufacturer and aftermarket channels. OEM parts are directly sourced by vehicle manufacturers through some selected manufacturers for inclusion in new vehicles, ensuring compatibility and warranty support. Aftermarket parts, however, are sold to consumers directly through repair shops for vehicle maintenance and upgrades after the purchase. They are sold by OEMs as well as other market players.
Major market players in auto part manufacturing are expanding their outreach to boost market share and customer base. They're investing heavily in global distribution networks through strategic alliances. Digital platforms are used efficiently for greater market penetration.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Component |
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Breakup by Vehicle Type |
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Breakup by Sales Channel |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 2.5% between 2024 and 2032.
The auto parts manufacturing market is categorised based on components, which include batteries, cooling systems, underbody components, engine components, transmissions, and steering systems.
The key players in the market are Robert Bosch GmbH, Denso Corp., Continental AG, ZF Friedrichshafen AG, Marelli Holdings Co., Ltd., Panasonic Holdings Corp, Sumitomo Electric Industries, Ltd., Magna International Inc., Valeo S.A., and Aisin Corporation among others.
Based on the sales channel, the market is divided into OEM and Aftermarket.
Based on the sales channel, the market is divided into passenger cars, light Commercial Vehicles and heavy commercial vehicles.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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