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The Poland automotive parts market size is estimated to grow by USD 12.9 billion at a CAGR of 9.42% between 2023 and 2028. The market experiences continuous expansion, driven by several influential factors. The aging vehicle fleet, with an average age steadily increasing, fuels the demand for replacement. OE (Original Equipment) parts, recognized for their superior quality and fit, gain preference due to their advantages in performance and longevity. The burgeoning automotive customization trend, reflecting the growing passion for individualizing vehicles, generates significant demand for aftermarket parts. Furthermore, the increasing number of companies, both domestic and international, intensifies competition and fosters innovation, contributing to the market's growth.
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The market is dynamic, catering to both domestic and international markets, with a keen focus on emerging markets. As the automotive industry undergoes electrification, there's a growing demand for charging infrastructure and cutting-edge technology, including braking components and headlamps. In response to changing consumer preferences, the market encompasses both offline and online segments, offering a wide range of auto parts and accessories. Companies like Pioneer Corporation, Pecca Group Berhad, and Covercraft Industries are witnessing increasing demand for their products, driven by changing economic conditions and evolving automotive trends. OEM suppliers play a pivotal role in providing high-quality auto parts, while the aftermarket segment offers a diverse range of accessories such as fuel intake, ignition parts, A/C parts, exhaust parts, and engine cooling parts. Steering parts, wheels, and tires are also essential components, supplied through authorized dealerships and e-commerce sites.
The increasing average age of vehicles is notably driving the market growth. In Poland and other important European nations, the average age of vehicles is rising. Due to the use of high-quality components during manufacturing, the majority of people in the world keep their vehicles for longer periods. Additionally, the average cost of cars is rising globally, which deters people from buying new cars everywhere. For instance, the average cost of a passenger car in the US increased by 5% from the previous year to USD 35,000 to USD 40,000 in 2020. As a result, the population in Poland is being encouraged to keep driving their old cars until they break down or even longer with the right retrofits.
When a passenger vehicle reaches the age of 11 to 15 years, the estimated frequency of replacing its lube and oil filters is approximately 47%, and the estimated frequency of replacing tire accessories is 16%. Furthermore, the average age of commercial vehicles is also increasing. Therefore, the rising average age of vehicles is expected to increase the need for vehicle maintenance and replacement, which, in turn, will drive the demand in Poland. Such factors will, therefore, boost regional market growth during the forecast period.
Technological advances in automotive smart seats are an emerging trend in the market. Due to governmental requirements and consumer preferences, automakers now offer braking systems like ABS and electronic brake distribution as standard stock fitment in the majority of their vehicles. Because of the advantages like improved accuracy, efficiency, stopping distance, and safety, the automatic emergency braking system is a new braking technology that is replacing the conventional braking system. The ABS monitors the driving environment in real-time using a variety of onboard sensors, including radar, LiDAR, and cameras. It then either alerts the driver, applies the brakes, or increases braking force if the driver doesn't. As a result, its integration with smart seats will enable vehicles to apply emergency braking if the driver appears to be falling asleep.
Due to the integration of these two systems, the car will be able to avoid collisions by applying emergency brakes in the event of a drowsy driver. Similar to this, modern seats offer a dynamic type of lateral support during quick cornering maneuvers. Therefore, the regional market is expected to expand during the forecast period due to growing technological advancements in automotive smart seats.
The uncertain demand and high SKUs for automotive parts are major challenges impeding market growth. The effectiveness of the supply chain depends on accurate demand forecasting. For supply chains of non-contract automotive parts, this becomes even more crucial. Due to the availability of numerous suppliers in the market, some customers are not required to place an order with their OEMs for the necessary automotive parts. The highly erratic and uncertain nature of demand, coupled with subsequent inaccurate forecasts, can have serious financial repercussions for OEMs as well as for logistics firms because they complicate capacity management.
Furthermore, the demand for market-specific variations for international markets as well as the proliferation of various vehicle types both contributed to the explosion of automotive parts stock-keeping unit (SKU) portfolios. According to Pareto's principle, it has been noted that roughly 85% of revenue came from around 5,000 SKUs of automotive parts. This means a long list of SKUs needs to be provisioned from an inventory perspective to provide a satisfactory level of service. Therefore, the unpredictable nature of demand for spare parts, along with the long list of SKUs, will pose a challenge to Poland automotive part manufacturers in the market during the forecast period.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Knauf Industries Polska Sp. Z OO - The company's key offerings include automotive parts such as EPP and EPS car components and automotive injection molded parts.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market share growth by the passenger cars segment will be significant during the forecast period. Passenger cars such as hatchbacks, sedans, and estates (station wagons) are extremely popular in the country, and therefore, the segment records high volume sales among consumers. These vehicles require regular service and maintenance to replace old worn parts with new ones. Additionally, increasing sales of plug-in hybrid electric vehicles (PHEV) and battery electric vehicles (BEV) in the country further drive the growth of this segment.
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The passenger cars segment was valued at USD 11.40 billion in 2018. Some of the well-known car companies, both domestic and foreign, that are active in the passenger vehicle market are based in Poland. The number of passenger vehicles is the highest in the country. This is because the quality of passenger vehicles is increasing year over year, both in terms of design and development, which encourages the production of longer-lasting, more dependable cars. Additionally, over time, expenditures on the research and development of vehicles as well as their testing to ensure standardization have increased. All of these interrelated factors have lengthened the product lifecycle of passenger cars, increasing their lifespan and operational years as a result. The average age of passenger vehicles among consumers is also expected to increase further during the forecast period. This will have a positive impact on the automotive aftermarket in Poland, as the higher average age of vehicles means that the frequency at which automotive parts are replaced also increases. Therefore, these components are commonly known as wear-and-tear parts, and they are most often replaced in passenger vehicles. Hence, such factors are fuelling the growth of this segment during the market forecast period.
The market report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments
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The market is witnessing a significant transformation driven by various factors such as vehicle emissions regulations, demand for environmentally sustainable solutions, and technological advancements. With the emergence of highly efficient automobile products and the growing popularity of electric drivetrains and batteries, the market is experiencing increased domestic and international demand. In response to the changing regulatory environment and consumer preferences, suppliers are focusing on developing cutting-edge technologies such as autonomous vehicle technology, radar systems, and LIDAR technology. Moreover, the adoption of 3D printing technology is revolutionizing the manufacturing process, enabling the production of complex components with precision and efficiency.
Major players in the market include thyssenkrupp, Continental, FORVIA Faurecia, VALEO SERVICE, Hitachi, and The Pep Boys, among others. These companies cater to a wide range of segments, including engine and transmission parts, brake parts, electrical parts, and suspension parts, to name a few. The market scope also extends to various distribution channels, Quantitative Units, and Volumes in Units, including brick-and-mortar stores, e-commerce platforms, and authorized dealerships. As the automotive aftermarket continues to evolve, suppliers and associations such as Lippert Components and the Auto Care Association play a crucial role in meeting the diverse needs of consumers and businesses alike.
Market Scope |
|
Report Coverage |
Details |
Page number |
129 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 9.42% |
Market growth 2024-2028 |
USD 12.9 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
8.37 |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Anwa Tech Sp. z o. o, Apollo Tyres Ltd., BorgWarner Inc., Dayco IP Holdings LLC, ESTRA Automotive Systems Co. Ltd., Faurecia SE, Hutchinson SA, Knauf Industries Polska Sp. Z OO, LAMAR Sp. z o. o., Moderntech Sp. z o.o., Muhr und Bender KG, Nexteer Automotive Group Ltd., PGM Automotive sp. z o.o, Pro Cars Group sp. z o.o., SOME Group, TEDGUM, TOMEX Brakes sp. z o.o. sp.k., TURBOJULITA SP Z O O, Union Parts Sp. z o.o, and ZF Friedrichshafen AG |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Vehicle Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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