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The global remanufactured automotive parts market size is estimated to grow by USD 9.15 billion between 2023 and 2028 accelerating at a CAGR of 3.2%. The growth of the market depends on several factors, including the aging vehicle fleet, the increase in vehicle miles driven, and the high reliance on internal combustion (IC) engines for vehicle mechanization. These elements collectively drive market expansion by highlighting the need for vehicle maintenance and replacement parts, accommodating increased usage, and supporting the continued demand for traditional engine technology. The aging vehicle fleet necessitates regular upkeep and replacement of components. The increase in vehicle miles driven underscores higher wear and tear, boosting the need for maintenance services. Additionally, the high reliance on IC engines reflects the sustained preference for conventional automotive technology, further propelling market growth.
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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 Component
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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