PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1608247
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1608247
Germany Auto Component Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)
Market Overview
The German auto component market is projected to generate $179.1 billion in revenue in 2024, with an anticipated compound annual growth rate (CAGR) of 5.5% from 2024 to 2030, reaching $246.3 billion by 2030. This growth is driven by Germany's position as one of the world's leading producers and exporters of automotive components, supported by a robust industrial base and ongoing research and development efforts.
Key Insights
The German automotive industry is shifting towards electric vehicles (EVs), leading to the development of electric motors, power electronics, and improvements in battery systems and thermal management components. In 2022, approximately 104,325 new EVs were registered in Germany.
The adoption of autonomous driving technologies and the implementation of Industry 4.0 are enhancing manufacturing processes and product offerings, contributing to market growth.
Bavaria holds the largest market share, attributed to its strong automotive industry presence, while Baden-Wurttemberg is anticipated to exhibit the fastest growth, driven by innovation and investment in automotive technologies.
The market is consolidated, with major players focusing on strategic partnerships and mergers to strengthen their positions and expand their product portfolios.
Original equipment manufacturers (OEMs) represent the largest end-user category, reflecting the strong demand for high-quality auto components in vehicle manufacturing.
Germany's auto component exports are increasing, driven by the global demand for high-quality automotive parts and the country's reputation for engineering excellence.
The industry is focusing on sustainable manufacturing practices and the development of eco-friendly components to meet stringent environmental regulations.
Continuous investment in research and development is fostering innovation in materials, design, and manufacturing processes, enhancing the competitiveness of German auto components in the global market.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by type
- 1.4.2. Market size breakdown, by vehicle
- 1.4.3. Market size breakdown, by material
- 1.4.4. Market size breakdown, by end user
- 1.4.5. Market size breakdown, by region
- 1.5. Market Data Reporting Unit
- 1.5.1. Volume
- 1.5.2. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Germany Market
- 6.1. Overview
- 6.2. Market Volume, by Type (2019-2030)
- 6.3. Market Revenue, by Type (2019-2030)
- 6.4. Market Volume, by Vehicle (2019-2030)
- 6.5. Market Revenue, by Vehicle (2019-2030)
- 6.6. Market Volume, by Material (2019-2030)
- 6.7. Market Revenue, by Material (2019-2030)
- 6.8. Market Volume, by End User (2019-2030)
- 6.9. Market Revenue, by End User (2019-2030)
- 6.10. Market Volume, by Region (2019-2030)
- 6.11. Market Revenue, by Region (2019-2030)
Chapter 7. Competitive Landscape
- 7.1. List of Market Players and their Offerings
- 7.2. Competitive Benchmarking of Key Players
- 7.3. Product Benchmarking of Key Players
- 7.4. Recent Strategic Developments
Chapter 8. Company Profiles
- 8.1. Robert Bosch GmbH
- 8.1.1. Business overview
- 8.1.2. Product and service offerings
- 8.1.3. Key financial summary
- 8.2. Modine Manufacturing Company
- 8.2.1. Business overview
- 8.2.2. Product and service offerings
- 8.2.3. Key financial summary
- 8.3. HELLA GmbH & Co. KGaA
- 8.3.1. Business overview
- 8.3.2. Product and service offerings
- 8.3.3. Key financial summary
- 8.4. MAHLE GmbH
- 8.4.1. Business overview
- 8.4.2. Product and service offerings
- 8.4.3. Key financial summary
- 8.5. Prevent Group
- 8.5.1. Business overview
- 8.5.2. Product and service offerings
- 8.5.3. Key financial summary
- 8.6. KIRCHHOFF Automotive AG
- 8.6.1. Business overview
- 8.6.2. Product and service offerings
- 8.6.3. Key financial summary
- 8.7. Winning BLW Group
- 8.7.1. Business overview
- 8.7.2. Product and service offerings
- 8.7.3. Key financial summary
- 8.8. GEDIA Automotive Group
- 8.8.1. Business overview
- 8.8.2. Product and service offerings
- 8.8.3. Key financial summary
- 8.9. Webasto Group
- 8.9.1. Business overview
- 8.9.2. Product and service offerings
- 8.9.3. Key financial summary
- 8.10. Schaeffler AG
- 8.10.1. Business overview
- 8.10.2. Product and service offerings
- 8.10.3. Key financial summary
- 8.11. Eldisy GmbH Gardelegen
- 8.11.1. Business overview
- 8.11.2. Product and service offerings
- 8.11.3. Key financial summary
- 8.12. Continental AG
- 8.12.1. Business overview
- 8.12.2. Product and service offerings
- 8.12.3. Key financial summary
Chapter 9. Appendix
- 9.1. Abbreviations
- 9.2. Sources and References
- 9.3. Related Reports
