Le Lézard
Classified in: Transportation, Science and technology
Subject: SVY

The European Mechanical Parts Market, 2012 - 2020; Market size, market forecast and recommendations


NEW YORK, Feb. 23, 2017 /PRNewswire/ -- Summary

Overall, the European mechanical parts market grew, both in volume and value terms, with growth in values outstripping the growth seen in volumes. Total volumes grew 8.6% across Europe between 2012 and 2016. Values for the same group of components grew 13.8%. The strong growth between 2012 - 2016 is forecast to continue, with overall volumes forecast to grow 4.6% and values by 9.5%.


Read the full report: http://www.reportlinker.com/p04109438-summary/view-report.html


The radiator market in Europe experienced solid growth in the years following the financial crisis, and has shown strong growth in recent years - growing 8.6% between 2012 and 2016. The strong growth is set to continue, albeit at a slightly lower rate, with growth of 5.0% overall being forecast between 2017 and 2020.
The strong growth in radiator volumes has been exceeded by the very significant growth in the value of the radiator market. Value has been growing steadily in a number of markets, as the majority of markets remain dominated by premium brands. The European radiator market saw overall values grow by 14.3% between 2012 and 2016, and is expected to grow further, increasing by 9.7% by 2020.

Meanwhile, with increasingly complex clutch technology in the aftermarket, replacement rates as well as volumes have slowly fallen as product longevity has grown.
However, this increased longevity typically comes with a higher price tag, and consequently, value has grown and is forecast to continue increasing as clutch prices rise year-on-year. As a result, overall clutch volumes are forecast to increase by 4.3% by 2020, yet values are predicted to grow by 9.5% over the same period.

Starter motor and alternator technologies are also driving value growth, reflecting the growing prevalence of complex start-stop technologies in the vehicle parc. In addition, certain manufacturers offer integrated starter-alternator generators, which command a higher price. As a result, the volumes and values of starter motors are forecast to increase by 5.0% and 9.7% by 2020, whilst the volumes and values of alternators are forecast to increase by 4.8% and 21.4%.

Key Findings
- Starter motors and alternators Starter motor and alternator technologies are driving value growth, reflecting the growing prevalence of complex start-stop technologies in the vehicle parc. In addition, certain manufacturers offer integrated starter-alternator generators, which command a higher price. As a result, the volumes and values of starter motors are forecast to increase by 5.0% and 9.7% by 2020, whilst the volumes and values of alternators are forecast to increase by 4.8% and 21.4%
- Radiator market volumes and values are both forecast to grow by 2020 The radiator market in Europe experienced solid growth in the years following the financial crisis, and has shown strong growth in recent years - growing 8.6% between 2012 and 2016. The strong growth in volumes is set to continue, albeit at a slightly lower rate, with growth of 5.0% overall being forecast between 2017 and 2020. The European radiator market saw overall values grow by 14.3% between 2012 and 2016, and is expected to grow further, increasing by 9.7% by 2020.
- The European clutch market values and volumes are both set to grow by 2020 The European clutch market is evolving; major players have left the market, whilst there has been a small increase in the number of Chinese brands entering the market, although until now, they have not made much of an indent in the market. Overall clutch volumes are forecast to increase by 4.3% by 2020, yet values are predicted to grow by 9.5% over the same period. At the channel level, the market remains wedded to the manufacturer network, with some independents choosing not to fit clutches because of the time and effort required to replace a modern dual mass clutch. This means that specialist clutch centers have the opportunity to gain a larger share of the UK market.

Synopsis
"The European Mechanical Parts Market 2012-2020", a Trend Report by GlobalData, provides an executive-level overview of the European vehicle mechanical parts market today, with forecasts of values and volumes up to 2020. It delivers deep quantitative and qualitative insight into the European mechanical parts market, analyzing key trends in the market based on proprietary data from GlobalData's aftermarket databases.

Reasons To Buy
- This Trend Report helps executives build proactive, profitable growth strategies by offering comprehensive, relevant analysis of the European mechanical parts market based on insights from within GlobalData's proprietary aftermarket database, consumer insight from our bespoke annual survey and interviews with industry experts.
- The report is designed for an executive-level audience, boasting presentation quality that allows it to be turned into presentable material immediately.
- The broad but detailed perspective will help manufacturers and retailers to understand and succeed in the challenging mechanical parts market.
Read the full report: http://www.reportlinker.com/p04109438-summary/view-report.html

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

http://www.reportlinker.com


__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001

 

SOURCE Reportlinker


These press releases may also interest you

at 09:00
Guidewire announced that Guidewire PartnerConnect Consulting and Global Premier partner, Ernst & Young LLP (EY), has achieved the global Migration Acceleration Specialization. Partners who have earned this specialization have demonstrated the...

at 08:55
Shield AI, Inc., a defense technology company building the world's best AI pilot, and Kratos Defense & Security Solutions, Inc. , a Technology Company in the Defense, National Security and Global Markets and an industry-leading provider of...

at 08:45
HYAS Infosec, the adversary infrastructure platform provider that offers unparalleled visibility, protection, and security against all kinds of malware and attacks, today announced that it has been awarded three top recognitions from Security Today's...

at 08:44
Understanding the underlying mechanisms of normal and pathological cellular processes is essential for developing new drugs. Fortunately, modern techniques and experimental methods have greatly accelerated progress. The latest issue of JPA features...

at 08:44
Environmental problems caused by population explosion such as global warming, natural resource depletion, deforestation, water shortage and plastic pollution are getting severe in the world. Regarding plastic pollution, micro-plastics, nano-plastics...

at 08:43
WIN (Women In Negotiation) is pleased to announce Walmart Connect as its presenting sponsor - for its eighth annual WIN Summit to be held Thursday, May 30, 2024 in New York City....



News published on and distributed by: