Automotive parts market size in Poland to grow by USD 10.96 billion between 2022 and 2027; Growth driven by increasing average age of vehicles - Technavio

NEW YORK, April 25, 2023 /PRNewswire/ -- The size of the automotive parts market in Poland is forecasted to grow by USD 10.96 billion from 2022 to 2027, at a CAGR of 8.76%, according to a recent market study by Technavio. The growth of the market will be driven by the increasing average age of vehicles, the advantages and benefits of OE parts and replacement parts, and growing passion for vehicle customization and the increasing number of vendors. Charts & data tables about market and segment sizes for a historic period (2017-2021) and forecast period (2023-2027) have been covered in this report. Download the Sample Report

Vendor Analysis

The automotive parts market in Poland is fragmented, with the presence of several well-established players. Vendors are making significant investments in R&D to offer better products to their customers and expand their customer base. In addition, they are opting for mergers, acquisitions, and strategic partnerships to strengthen their position. Some of the key vendors covered in the report include:

• Anwa Tech Sp. z o. o
• Apollo Tyres Ltd.
• BorgWarner Inc.
• Dayco IP Holdings LLC
• ESTRA Automotive Systems Co. Ltd.
• Faurecia
• Hutchinson SA
• 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

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Key Benefits for Industry Players & Stakeholders – 

• The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
• It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
• The report also provides a qualitative and quantitative analysis of vendors 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.

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Market Segmentation:

The market is segmented by vehicle type (passenger cars and commercial vehicles) and distribution channel (offline and online).

• The market growth in the passenger cars segment will be significant over the forecast period. Poland is home to some of the well-established automakers operating in the passenger vehicles segment. The country is witnessing improvements in passenger vehicles, both in terms of design and development. This is leading to the development of more reliable and durable automobiles that have a longer lifespan. In addition, rising investments in the R&D of vehicles and the increasing volume of sales of plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs) in the country are driving the growth of the segment.

Market Dynamics:

Key DRIVERS:

• Increasing average age of vehicles
• Advantages and benefits of OE parts and replacement parts
• Growing passion for vehicle customization and the increasing number of vendors

The average lifespan of vehicles in European countries, including Poland, is increasing. Consumers in the country prefer to use the same vehicle for a longer duration. In addition, the use of high-quality parts and components increases the service life of vehicles. This discourages people from purchasing new vehicles. The rising average age of vehicles is increasing the need for vehicle maintenance and replacement of parts, which is driving the growth of the automotive parts market in Poland.

Major Trends:

• Technological advances in automotive smart seats
• Enhancing operating efficiency with Industry 4.0
• Maturing autonomous vehicles concept

The growing focus on safety has increased the adoption of safety technologies, including automatic emergency braking systems and antilock braking systems. These technologies utilize various types of onboard sensors such as radar, LiDAR, and cameras to monitor real-time driving conditions. They inform the driver, apply brakes, or boost the braking power in case the driver fails to do so. This is increasing the integration of smart seats to provide safety to passengers during emergency braking. These seats allow the vehicle to safeguard against accidents caused by drowsiness by applying emergency brakes. They also provide a dynamic type of lateral support when the vehicle makes quick cornering maneuvers. Such innovations are expected to have a positive impact on the growth of the market during the forecast period.

Key Challenges:

• Uncertain demand and high SKUs for automotive parts
• Online retailers challenging traditional aftermarket retailers in Poland
• Increasing adoption of EVs in Poland

The unpredictability and uncertainties in the supply and demand of automobile parts create problems regarding capacity management. This affects the sales and finances of OEMs. In addition, the automotive parts stock-keeping units (SKUs) portfolios are expanding with the increasing demand for international market-specific variants and the proliferation of different types of vehicles. This is creating significant inventory issues, which is challenging the growth of the market.

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What are the key data covered in this automotive parts market in Poland report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the automotive parts market in Poland between 2023 and 2027
• Precise estimation of the size of the automotive parts market in Poland and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the automotive parts market across Poland
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of automotive parts market vendors in Poland

Related Reports:

The automotive aftermarket market is estimated to grow at a CAGR of 6.26% between 2022 and 2027. The size of the market is forecasted to increase by USD 164.58 billion. The market is segmented by vehicle type (passenger cars and commercial vehicles), distribution channel (retailer, wholesale, and distribution), and geography (APAC, Europe, North America, South America, and Middle East and Africa).

The automotive parts aftermarket market in US is estimated to grow by USD 30.83 billion between 2022 and 2027 accelerating at a CAGR of 7.69%. The market is segmented by type (passenger vehicles and commercial vehicles) and distribution channel (offline and online).

Browse through Technavio's Consumer Discretionary Market Reports

Table of contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Country Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market Segmentation by Vehicle Type
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 06: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 07: Parent market
• Exhibit 08: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 09: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 10: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 11: Chart on Poland - Market size and forecast 2022-2027 ($ billion)
• Exhibit 12: Data Table on Poland - Market size and forecast 2022-2027 ($ billion)
• Exhibit 13: Chart on Poland: Year-over-year growth 2022-2027 (%)
• Exhibit 14: Data Table on Poland: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Automotive parts market in Poland 2017 - 2021 
• Exhibit 15: Historic Market Size – Data Table on Automotive parts market in Poland 2017 - 2021 ($ billion)

• 4.2 Vehicle type Segment Analysis 2017 - 2021 
• Exhibit 16: Historic Market Size – Vehicle type Segment 2017 - 2021 ($ billion)

• 4.3 Distribution channel Segment Analysis 2017 - 2021 
• Exhibit 17: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 18: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Vehicle Type

• 6.1 Market segments
• Exhibit 25: Chart on Vehicle Type - Market share 2022-2027 (%)
• Exhibit 26: Data Table on Vehicle Type - Market share 2022-2027 (%)

• 6.2 Comparison by Vehicle Type 
• Exhibit 27: Chart on Comparison by Vehicle Type
• Exhibit 28: Data Table on Comparison by Vehicle Type

• 6.3 Passenger cars - Market size and forecast 2022-2027 
• Exhibit 29: Chart on Passenger cars - Market size and forecast 2022-2027 ($ billion)
• Exhibit 30: Data Table on Passenger cars - Market size and forecast 2022-2027 ($ billion)
• Exhibit 31: Chart on Passenger cars - Year-over-year growth 2022-2027 (%)
• Exhibit 32: Data Table on Passenger cars - Year-over-year growth 2022-2027 (%)

• 6.4 Commercial vehicles - Market size and forecast 2022-2027 
• Exhibit 33: Chart on Commercial vehicles - Market size and forecast 2022-2027 ($ billion)
• Exhibit 34: Data Table on Commercial vehicles - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
• Exhibit 36: Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Vehicle Type 
• Exhibit 37: Market opportunity by Vehicle Type ($ billion)
• Exhibit 38: Data Table on Market opportunity by Vehicle Type ($ billion)

7 Market Segmentation by Distribution Channel

• 7.1 Market segments
• Exhibit 39: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 40: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 7.2 Comparison by Distribution Channel 
• Exhibit 41: Chart on Comparison by Distribution Channel
• Exhibit 42: Data Table on Comparison by Distribution Channel

• 7.3 Offline - Market size and forecast 2022-2027 
• Exhibit 43: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
• Exhibit 44: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
• Exhibit 45: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 46: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 7.4 Online - Market size and forecast 2022-2027 
• Exhibit 47: Chart on Online - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Distribution Channel 
• Exhibit 51: Market opportunity by Distribution Channel ($ billion)
• Exhibit 52: Data Table on Market opportunity by Distribution Channel ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 53: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges

• 9.3 Impact of drivers and challenges 
• Exhibit 54: Impact of drivers and challenges in 2022 and 2027

• 9.4 Market trends

10 Vendor Landscape

• 10.1 Overview

• 10.2 Vendor landscape
• Exhibit 55: Overview on Criticality of inputs and Factors of differentiation

• 10.3 Landscape disruption
• Exhibit 56: Overview on factors of disruption

• 10.4 Industry risks
• Exhibit 57: Impact of key risks on business

11 Vendor Analysis

• 11.1 Vendors covered
• Exhibit 58: Vendors covered

• 11.2 Market positioning of vendors 
• Exhibit 59: Matrix on vendor position and classification

• 11.3 Apollo Tyres Ltd.
• Exhibit 60: Apollo Tyres Ltd. - Overview
• Exhibit 61: Apollo Tyres Ltd. - Business segments
• Exhibit 62: Apollo Tyres Ltd. - Key news
• Exhibit 63: Apollo Tyres Ltd. - Key offerings
• Exhibit 64: Apollo Tyres Ltd. - Segment focus

• 11.4 BorgWarner Inc.
• Exhibit 65: BorgWarner Inc. - Overview
• Exhibit 66: BorgWarner Inc. - Business segments
• Exhibit 67: BorgWarner Inc. - Key news
• Exhibit 68: BorgWarner Inc. - Key offerings
• Exhibit 69: BorgWarner Inc. - Segment focus

• 11.5 Dayco IP Holdings LLC 
• Exhibit 70: Dayco IP Holdings LLC - Overview
• Exhibit 71: Dayco IP Holdings LLC - Product / Service
• Exhibit 72: Dayco IP Holdings LLC - Key offerings

• 11.6 Faurecia
• Exhibit 73: Faurecia - Overview
• Exhibit 74: Faurecia - Business segments
• Exhibit 75: Faurecia - Key offerings
• Exhibit 76: Faurecia - Segment focus

• 11.7 Hutchinson SA
• Exhibit 77: Hutchinson SA - Overview
• Exhibit 78: Hutchinson SA - Product / Service
• Exhibit 79: Hutchinson SA - Key news
• Exhibit 80: Hutchinson SA - Key offerings

• 11.8 Knauf Industries Polska Sp. Z OO 
• Exhibit 81: Knauf Industries Polska Sp. Z OO - Overview
• Exhibit 82: Knauf Industries Polska Sp. Z OO - Product / Service
• Exhibit 83: Knauf Industries Polska Sp. Z OO - Key offerings

• 11.9 Muhr und Bender KG
• Exhibit 84: Muhr und Bender KG - Overview
• Exhibit 85: Muhr und Bender KG - Product / Service
• Exhibit 86: Muhr und Bender KG - Key offerings

• 11.10 Nexteer Automotive Group Ltd. 
• Exhibit 87: Nexteer Automotive Group Ltd. - Overview
• Exhibit 88: Nexteer Automotive Group Ltd. - Business segments
• Exhibit 89: Nexteer Automotive Group Ltd. - Key news
• Exhibit 90: Nexteer Automotive Group Ltd. - Key offerings
• Exhibit 91: Nexteer Automotive Group Ltd. - Segment focus

• 11.11 PGM Automotive sp. z o.o 
• Exhibit 92: PGM Automotive sp. z o.o - Overview
• Exhibit 93: PGM Automotive sp. z o.o - Product / Service
• Exhibit 94: PGM Automotive sp. z o.o - Key offerings

• 11.12 Pro Cars Group sp. z o.o. 
• Exhibit 95: Pro Cars Group sp. z o.o. - Overview
• Exhibit 96: Pro Cars Group sp. z o.o. - Product / Service
• Exhibit 97: Pro Cars Group sp. z o.o. - Key offerings

• 11.13 SOME Group
• Exhibit 98: SOME Group - Overview
• Exhibit 99: SOME Group - Product / Service
• Exhibit 100: SOME Group - Key offerings

• 11.14 TOMEX Brakes sp. z o.o. sp.k. 
• Exhibit 101: TOMEX Brakes sp. z o.o. sp.k. - Overview
• Exhibit 102: TOMEX Brakes sp. z o.o. sp.k. - Product / Service
• Exhibit 103: TOMEX Brakes sp. z o.o. sp.k. - Key offerings

• 11.15 TURBOJULITA SP Z O O
• Exhibit 104: TURBOJULITA SP Z O O - Overview
• Exhibit 105: TURBOJULITA SP Z O O - Product / Service
• Exhibit 106: TURBOJULITA SP Z O O - Key offerings

• 11.16 Union Parts Sp. z o.o 
• Exhibit 107: Union Parts Sp. z o.o - Overview
• Exhibit 108: Union Parts Sp. z o.o - Product / Service
• Exhibit 109: Union Parts Sp. z o.o - Key offerings

• 11.17 ZF Friedrichshafen AG 
• Exhibit 110: ZF Friedrichshafen AG - Overview
• Exhibit 111: ZF Friedrichshafen AG - Business segments
• Exhibit 112: ZF Friedrichshafen AG - Key news
• Exhibit 113: ZF Friedrichshafen AG - Key offerings
• Exhibit 114: ZF Friedrichshafen AG - Segment focus

12 Appendix

• 12.1 Scope of the report

• 12.2 Inclusions and exclusions checklist 
• Exhibit 115: Inclusions checklist
• Exhibit 116: Exclusions checklist

• 12.3 Currency conversion rates for US$ 
• Exhibit 117: Currency conversion rates for US$

• 12.4 Research methodology
• Exhibit 118: Research methodology
• Exhibit 119: Validation techniques employed for market sizing
• Exhibit 120: Information sources

• 12.5 List of abbreviations 
• Exhibit 121: List of abbreviations

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