Improvements are on the horizon for auto parts manufacturers, with demand levels rising in line with growth from automobile manufacturers. While their close ties with automakers have proven to be detrimental in the past, the automotive sector's recovery will boost industry revenue in the next five years. Still, operators will need to keep their eyes on the road ahead, with global competition subduing domestic demand.
Companies in this industry manufacture and rebuild a variety of motor vehicle parts and accessories. These parts include air bags, air-conditioners, catalytic converters, engine exhaust systems, mufflers and resonators, radiators, radiator cores and wheels.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.