The aftersales market of the auto industry is known as auto market. Expansion of auto industry is creating opportunities for aftermarkets companies. Cameras, sensor, Headlight, shocks, brake kits, lubricants are auto parts. This value chain of industry provides repairing and entertainment services. These auto parts from headlights to side-view mirror, are made up of high-quality materials. In this blog we will discuss leading auto market brand in the world. The aftermarket is categorized in two different types:
Accessories: A subordinate part, used mainly for the attractiveness, convenience and safety of car after the purchases of vehicle.
Replacement parts: These are the interchangeable parts which is used for the repair and these are the replacement of failure parts. There parts are mostly kept in inventory for immediate damage.
Robert Bosch:
Graphite Molds offers a wide range of spare parts to the aftermarket. This is the one of the largest and old automotive parts company in the world having highly expert engineers and latest technology with 394,500 employees, generating 71.6-billion-euro sales, this is the estimated figure of 2020. Asia, Australia and many other countries are having distribution center of Bosch. Bosh is a leading provider of IOT having more than 430 subsidiaries in different countries. Engine position sensor, starters, batteries, wiper blades etc are main auto parts items manufactured by Bosch company.
Denso Corp:
Denso group is one of the Toyota group of companies. The headquarter of Denso is in Japan having more than 200 companies in more than 30 countries. Denso Crop is mainly operating in Japan, North America, south America, Europe, Asia and Africa. They are manufacturing Toyota all replacement products. They have expertise in making hybrid and electric car parts. Denso is also the manufacture of many other things like power steering, ABS control, cooling system, windshield wipers. They’re widely known for the manufacturing of OEM auto products including components for climate control systems, body electronics.
Magna International Inc:
This is one of the highlight aftermarket manufacturers in the industry. The headquarter of Magna is located in Rancho Santa Margarita, California. For the last 30 years they have captured a huge market share by giving excellent quality to consumer. High-performance exhaust for trucks, SUVs, Ford, BMW are the manufactured by Magna. They started working in 1957 with General motors. They are the only auto suppliers who have capability to make complete vehicles. They are the Leader’s in new technology revolution.
Continental AG:
Continental was founded in 1871. The headquarter of Continental is located in Hanover, Germany, approximately 241,458 employees are working at 595 different location in more than 58 countries. The main focus of the company is to offer safe, efficient, intelligent solution for vehicles. The main popularity they have gained is Because of tyer making. They’ve since grown to become the largest rubber company in Germany. Continental’s rubber customers in the automobile industry include Toyota, Honda, Volvo, BMW, Porsche, and others.
Hyundai Mobis:
Hyundai Mobis is a South Korean aftermarket parts manufacturer that forms the part and service branch of Hyundai Motors, Kia Motors, and General Motors. Aftermarket parts for Kia, such as the Kia rear door mirror and all Hyundai auto body parts, are manufactured by Hyundai Mobis. The company ranked no. 6 as at 2014, and it remains one of the largest part-affiliate suppliers in the world.
Its line of products: chassis, front-end modules, cockpits, airbags, anti-lock brake system, headlights, steering parts, multimedia, UVO systems, panels, bumpers, steel wheel rims, and desks.
