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The Automotive Parts Market size in Poland is estimated to grow by USD 10.96 billion between 2022 and 2027 at a CAGR of 8.76%. The growth of the market depends on several factors, including the increasing average age of vehicles, the advantages and benefits of OE parts and replacement parts, the growing passion for vehicle customization, and the increasing number of vendors.
This automotive parts market in Poland report extensively covers market segmentation by vehicle type (passenger cars and commercial vehicles), and distribution channel (offline and online). It also includes an in-depth analysis of drivers, trends, and challenges.
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Our researchers analyzed the data with 2022 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
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 of time. 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 of parts, which, in turn, will drive the demand for automotive parts 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 automotive parts market in Poland. 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 for automotive parts 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 automotive parts market in Poland research 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 growth strategies.
Global Automotive Parts Market in Poland Customer Landscape
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the automotive parts market in Poland.
Knauf Industries Polska Sp. Z OO - The company is involved in the production of robust components that include injection molded parts for many industries such as construction, automotive, packaging, and HVAC, industries. The key offerings of the company include automotive parts such as EPP and EPS car components and automotive injection molded parts.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
Qualitative and quantitative analysis of vendors 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 vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors 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 10.66 billion in 2017 and continued to grow until 2021. 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 due to the fact that 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 parts aftermarket in Poland, as the higher average age of vehicles means that the frequency at which automotive parts are replaced also increases. Therefore, these parts and components are commonly known as wear-and-tear parts, and they are most often replaced in passenger vehicles.
The automotive parts market in Poland research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
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Automotive Parts Market In Poland Scope |
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Report Coverage |
Details |
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Page number |
124 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 8.76% |
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Market growth 2023-2027 |
USD 10.96 billion |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
7.85 |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Anwa Tech Sp. z o. o, Apollo Tyres Ltd., BorgWarner Inc., Dayco IP Holdings LLC, ESTRA Automotive Systems Co. Ltd., Faurecia, 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 |
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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, and Market condition analysis for the forecast period. |
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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. |
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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 Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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