TechNavio today launched its report, Global Automotive Component Outsourcing Market 2012-2016, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Automotive team said: ”The increasing number of automobile enterprises is another driver leading to the growth of the Global Automotive Component Outsourcing market. The Global Automobile Enterprises market is expected to grow massively during the forecast period. To reduce the supply and demand gap, existing companies are collaborating with other firms by setting up new enterprises. Also, new enterprises are entering in the Global Automobile Manufacturing industry due to its steady growth potential which is propelling the growth of the Global Automotive Component Outsourcing market.”
According to the report, the demand for vehicles directly influences the demand for auto components. The continuously increasing demand for vehicles across the globe is driving the demand for auto component outsourcing. Furthermore, the increasing demand for passenger vehicles in the APAC region is leading to the growth of the Global Automotive Component Outsourcing market.
Further, the report reveals that one of the major challenges in this market are the stringent emission norms.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-automotive-component-outsourcing…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Automotive market research, please visit https://www.technavio.com/automotive
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report – Global Automotive Component Outsourcing Market 2012-2016
