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fi4 Reconditioning Trends in 2024
It was reported in 2024 that the average car on British roads is now close to 9 years old. With over 41 million cars on the road in total, it makes the market for reconditioned or remanufactured parts potentially huge. It’s about time we look at the most important trends facing our industry in 2024 and beyond.
#1: Acceptance of reconditioned electronic car parts
In the past, there has been an element of apprehension when looking at potentially fitting a reconditioned or remanufactured electronic component. However, throughout the years, we have noticed that public sentiment towards remanufacturing or reconditioning is changing.
Whilst the practice of reconditioning or remanufacturing has been commonplace for many decades, the same practice being applied to electronic components, especially highly complex parts like ECUs and ABS units, was considered complicated and difficult and therefor the risk of having to complete the same job twice hung heavy on the minds of the consumer.
Today though, with the rapid development of the technology and tooling within our industry we’re able to guarantee the quality of reconditioned electronic components. ACTRONICS invests in advanced technologies and processes. Semi-automated procedures and advanced tooling such as X-Ray are used to maximise the accuracy and reliability of the process. These developments are crucial to our ability to work on these often-encrypted components.
#2: The Hybrid & EV Revolution
In recent years, there has been a rapid increase in the numbers of Hybrid and all-electric vehicles on our roads, and these days as an OEM it’s difficult to not have a EV or Hybrid option within your range.
With these new power sources comes new and complex components such as on-board chargers that have their own failures and therefor demand for conditioning. ACTRONICS has a dedicated EV cohort within our R&D department which focuses on understanding and ‘re-engineering’ the revolutionary technologies found within these vehicles.
Thanks to our R&D department ACTRONICS already has several on-board chargers and inverters in its range. The popularity of the remanufacturing these components is no doubt driven by the large price disparity and delivery lead-times when compared with new replacements.
#3: The continuous development of in-house testing equipment
The more complex the reconditioning of electronic car components becomes, the more advanced the test equipment must be. For example, ACTRONICS has test equipment that enables us to simulate the operation of components under high power, without the need for a battery pack. In addition, we have equipment that simulates the complete operation of a car, so that we can, for example, examine the operation of instrument clusters as if they were fitted to the vehicle.
#4: Increasing interest in sustainability
Sustainability has become an unequivocally important part of our society. Reconditioning electronic car components contributes to a circular economy. By replacing defective and weak components and retaining good components, we extend the life of materials, reduce waste and reduce the use of raw materials that are necessary to produce new products. Reconditioning car parts provides a huge energy saving compared to new car parts and helps to reduce the impact of our industry on the environment.