Product Code: ETC020512 | Publication Date: Jun 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Bangladesh motor vehicle steering and suspension parts market is projected to reach USD 71.89 million by 2026, registering a CAGR of 6.9% during the forecast period (2020?2026). The market growth can be attributed to increasing demand for motor vehicles due to rising disposable incomes and expanding middle-class population. Additionally, government initiatives such as tax exemptions on imported cars are expected to boost demand for automotive components in the country.
However, the outbreak of COVID-19 pandemic has created an uncertain situation among automotive manufacturers across Bangladesh which may affect their production capabilities and hamper overall sales of automobiles leading to reduced demand for steering & suspension parts in 2021.
Moreover, stringent emission standards being implemented by the Government are likely to increase cost pressure on automakers forcing them either reduce product prices or develop more fuel efficient technology which will eventually drive up aftermarket part sales in following years.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Motor Vehicle Steering and Suspension Parts Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Motor Vehicle Steering and Suspension Parts Market Revenues & Volume, 2019 & 2026F |
3.3 Bangladesh Motor Vehicle Steering and Suspension Parts Market - Industry Life Cycle |
3.4 Bangladesh Motor Vehicle Steering and Suspension Parts Market - Porter's Five Forces |
3.5 Bangladesh Motor Vehicle Steering and Suspension Parts Market Revenues & Volume Share, By Types, 2019 & 2026F |
3.6 Bangladesh Motor Vehicle Steering and Suspension Parts Market Revenues & Volume Share, By Application, 2019 & 2026F |
4 Bangladesh Motor Vehicle Steering and Suspension Parts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Motor Vehicle Steering and Suspension Parts Market Trends |
6 Bangladesh Motor Vehicle Steering and Suspension Parts Market, By Types |
6.1 Bangladesh Motor Vehicle Steering and Suspension Parts Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Motor Vehicle Steering and Suspension Parts Market Revenues & Volume, By Types, 2016 - 2026F |
6.1.3 Bangladesh Motor Vehicle Steering and Suspension Parts Market Revenues & Volume, By Steering Components, 2016 - 2026F |
6.1.4 Bangladesh Motor Vehicle Steering and Suspension Parts Market Revenues & Volume, By Suspension Components, 2016 - 2026F |
6.2 Bangladesh Motor Vehicle Steering and Suspension Parts Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Motor Vehicle Steering and Suspension Parts Market Revenues & Volume, By Commercial Vehicle, 2016 - 2026F |
6.2.3 Bangladesh Motor Vehicle Steering and Suspension Parts Market Revenues & Volume, By Passenger Car, 2016 - 2026F |
7 Bangladesh Motor Vehicle Steering and Suspension Parts Market Import-Export Trade Statistics |
7.1 Bangladesh Motor Vehicle Steering and Suspension Parts Market Export to Major Countries |
7.2 Bangladesh Motor Vehicle Steering and Suspension Parts Market Imports from Major Countries |
8 Bangladesh Motor Vehicle Steering and Suspension Parts Market Key Performance Indicators |
9 Bangladesh Motor Vehicle Steering and Suspension Parts Market - Opportunity Assessment |
9.1 Bangladesh Motor Vehicle Steering and Suspension Parts Market Opportunity Assessment, By Types, 2019 & 2026F |
9.2 Bangladesh Motor Vehicle Steering and Suspension Parts Market Opportunity Assessment, By Application, 2019 & 2026F |
10 Bangladesh Motor Vehicle Steering and Suspension Parts Market - Competitive Landscape |
10.1 Bangladesh Motor Vehicle Steering and Suspension Parts Market Revenue Share, By Companies, 2019 |
10.2 Bangladesh Motor Vehicle Steering and Suspension Parts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |