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Remanufacturing parts segment highlighting market gains at June ReMaTec show

Tuesday, April 9, 2019 - 07:00
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Some 3,600 suppliers and customers representing the remanufactured auto parts industry will be assembling at the RAI Amsterdam Convention Centre in The Netherlands for the June 23-25 ReMaTec 2019 exhibition.

With a show floor encompassing more than 135,000 sq.-ft., nearly 300 booths will be displaying the latest technologies and services aimed at furthering the segment’s growing global presence during the 10th edition of the expo, which is expected to attract delegates from 75 different countries.

“At ReMaTec we have met new buyers from China, Dubai and Europe that are interested in purchasing material from us,” says Justin Greenberg, CEO of Katy, Texas-based DieselCore. “It makes more sense for us to exhibit at ReMaTec with its specialty in remanufacturing than some of the larger aftermarket shows.”

Describing ReMaTec as “a unique multi-industry platform,” John Chalifoux, president & COO of the Motor & Equipment Remanufacturers Association (MERA), appreciates how the event “brings together industry leaders and remanufacturing specialists to find and share solutions on sourcing parts and components for the remanufacturing industry, reversed logistics and core management.”

MERA’s “Manufactured Again” initiative is comprised of two elements – a comprehensive remanufacturing education and awareness campaign and the Manufactured Again Certification program that certifies remanufacturers and their suppliers. “Together, these two resources work in tandem to promote the quality, value, and environmental benefits of remanufacturing,” says Chalifoux.

Along with greeting attendees at MERA’s booth, Chalifoux will be taking part in a ReMaTec “Meet the Expert” session discussing “Advanced Marketing for Remanufacturers,” one of many educational programs taking place at the event.

 

 

Live demonstrations on augmented reality, industry 4.0 and robotized remanufacturing can be experienced at ReMaTec’s InnovationLAB.

With an overall conference theme of Investigating the Future: Remanufacturing Opportunities and Challenges in a Transforming Industry, additional training topics include “Five trends transforming the automotive industry,” “Working for OEMs – How to qualify as an independent remanufacturer,” “Testing & Diagnostics,” “Legal & Compliance,” “ECU Remanufacturing,” “Battery Pack Remanufacturing” and a “Diesel Discussions” specialized panel program.

“The show offers remanufacturing professionals from across the world the opportunity to meet and network, grow their business and develop their knowledge of trends and technical developments,” says ReMaTec Show Director Niels Klarenbeek.

Joining the ReMaTec agenda is the International Conference on Remanufacturing (ICoR), organized by researchers from the University of Strathclyde and Linköping University. “This conference is an excellent opportunity to learn from research and industrial practices on the topic of remanufacturing,” says Linköping’s Erik Sundin.

“We will also present the winner of the new Reman Challenge student academic competition, sponsored by Borg Automotive,” adds James Windmill of Strathclyde. “For the first time, we have representation from West Africa, thus continuing our drive to expand the reach of remanufacturing and the discussion of the subject among academics and industrialists from all global settings.”

According to an analysis by Persistence Market Research, the category’s annual global growth rate is expected to top 7 percent through 2026, culminating in a value of $91 billion. Tier I players are estimated to account for 25 percent to 30 percent of the market, says PMR marketing manager Rahul Singh. About 35 percent to 45 percent of the reman business belongs to tier II operations, while tier III companies lay claim to 25 percent to 35 percent.

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