France Automotive Market 2021 Industry Growth Estimate, Key Players Analysis, Gross Margins, Strategy, Application, Investment Plan, Opportunity and 2030 Forecast

In a recent published report, Kenneth Research has updated the market report for France Automotive Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for France Automotive Market products.

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REPORT HIGHLIGHT

France Automotive market was valued at USD XX million by 2017, growing with XX% CAGR during the forecast period, 2018-2025

France is the fourth largest automotive market in Europe, followed by UK, Italy and Germany. The vehicle automotive parts market is constantly changing in Germany. France has seen steadily upward movement in automotive production. The growth of automotive parts market in Germany is majorly driven by the steep increase in the registration of passenger and commercial vehicles. Considering a decreasing number of road accidents and increasing vehicle registrations, the number of registered passenger and commercial vehicles on the road is expected to increase significantly.

This industry is primarily depending on car sales and has recently been affected by the rising sales of Asian car brands in the country. In addition, owing to the strict European CO2 regulations, the demand for powered diesel engine vehicle is anticipated to increase. It is expected that there will be an ever-growing market opportunity for new replacement diesel parts and diesel diagnostic servicing equipment.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Types Takeaway

In terms of types, the market is categorized ass;

Original Equipment Suppliers (OES)

Original Equipment Manufacturers (OEM)

Independent Market (IAM)

The market for light vehicle automotive parts categorized as Original Equipment Suppliers (OES), Original Equipment Manufacturers (OEM) and Independent Market (IAM). The OEM segment is dominated by big multinational firms, many of them American with French or European operations. The French Vehicle Equipment Industries Association (FIEV) federates the major parts and equipment suppliers in France. On contrary, sales of original equipment (OES) parts is expected to decline.

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Key Vendors Takeaway

Toyota

Volkswagen

Hyundai Motors

Ford

Nissan

Honda

Suzuki

Chrysler

BMW

Mitsubishi

The market size and forecast for each segment and sub-segments has been considered as below:

Historical Year – 2014 & 2016

Base Year – 2017

Estimated Year – 2018

Projected Year – 2025

TARGET AUDIENCE

Traders, Distributors, and Suppliers

Manufacturers

Government and Regional Agencies

Research Organizations

Consultants

Distributors

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY TYPES

Original Equipment Suppliers (OES)

Original Equipment Manufacturers (OEM)

Independent Market (IAM)

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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