Automotive & Mobility Components · Direct
Monitoring · monthlyProcurement Category Intelligence
Engines (ICE)
Overview
Market size
$341.0B
global, USD
CAGR
-2.3%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
1 high severity
Market outlook
2031$342.7B
What changed
Demand by region
Asia Pacific demand45%
North America demand22%
Europe demand18%
Latin America demand9%
Rest of world demand6%
share of global demandtotal 100%
Cost drivers
Raw Materials and Specialty Alloys45%
Platinum Group Metals and Catalysts15%
Manufacturing Labor and Assembly20%
Energy and Factory Overhead12%
Logistics and Inbound Freight8%
share of delivered cost (analyst estimate)