Us Automotive Performance Part Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Automotive Performance Part Market was valued at USD 24.5 Billion in 2022 and is projected to reach USD 36.6 Billion by 2030, growing at a CAGR of 6.9% from 2024 to 2030.
The US Automotive Performance Parts Market is seeing significant growth, driven by an increasing demand for high-performance vehicles and customization. As enthusiasts look to enhance their cars' capabilities, the market for performance parts, ranging from exhaust systems to turbochargers, is expanding rapidly. In 2024, the market size is expected to grow significantly, driven by the increasing trend of car tuning and improvements in vehicle efficiency and speed. Consumers are investing in parts that not only offer power but also improve the overall driving experience and vehicle aesthetics. One of the key trends in the automotive performance part market is the rise of eco-conscious modifications. Many car owners are now opting for performance parts that reduce emissions while enhancing the engine’s performance. These modifications allow car owners to strike a balance between power and environmental impact. Moreover, the adoption of new materials and technologies in the automotive industry, such as carbon fiber and lightweight alloys, is revolutionizing the performance parts landscape. According to recent reports, these materials are making vehicles faster and more fuel-efficient, which is further increasing the demand for aftermarket parts. The market is also benefitting from advancements in digital platforms and e-commerce, making performance parts more accessible to a larger audience. Online platforms provide easy access to a wide variety of products, along with customer reviews and detailed product specifications. These platforms cater to enthusiasts who are looking for specific components to modify their vehicles. The competition is fierce, with both established brands and new entrants focusing on product innovation and customer experience to meet the growing demand. In addition, the availability of high-performance aftermarket parts for both sports cars and SUVs is opening new opportunities for growth. With emerging technology like the 100 Gigabit Fiber Optic Transceiver Market contributing to faster data transfers, companies are optimizing their logistics to deliver performance parts to customers more quickly. As a result, customers are experiencing faster shipping times and improved service, further fueling the market’s growth.
Get an In-Depth Research Analysis of the Global Automotive Performance Part Market Size And Forecast [2025-2032]
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AISIN SEIKI
BorgWarner
Continental AG
Cummins
Denso Corporation
Donaldson Company
EXEDY Corporation
Hitachi Astemo
Holley Performance Products
Honeywell International
Hyundai Mobis
Mahle GmbH
Mitsubishi Heavy Industries
Robert Bosch GmbH
Tenneco
TREMEC
Valeo
ZF Friedrichshafen AG
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Performance Part Market
Air Intake Systems
Exhaust Systems
Turbochargers and Superchargers
Fuel Systems (Injectors, Pumps, etc.)
ECU Tuning and Remapping
Coilovers and Shocks
Sway Bars
Bushings and Mounts
Lowering Springs
Strut Braces and Support Bars
Performance Brake Pads
Rotors and Discs
Brake Lines and Hoses
Calipers
Brake Fluid and Accessories
Short Shifters
Performance Clutch Kits
Limited Slip Differentials
Driveshafts
Transmission Coolers
Body Kits
Rear Spoilers and Wings
Splitters and Diffusers
Hoods (functional and aesthetic)
Lightweight Panels
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Automotive Performance Part Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive Performance Part Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Performance Part Market, By Type
6. Global Automotive Performance Part Market, By Application
7. Global Automotive Performance Part Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Automotive Performance Part Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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