Driving back to growth
The industry remains primarily dependent upon the level of automotive production and demand for auto parts by existing vehicle stock (the automotive aftermarket). Therefore, a revival in demand for cars and an increased scrappage rate will drive modest revenue growth over the next five years. Still, import competition will remain a viable threat, as the number of fully or partially assembled foreign-made autos entering the United States increases.
The automotive parts sold wholesale by operators in this industry can be divided into three groups: engine components (i.e. batteries, oil filters and pumps), non-engine automobile parts (i.e. steering wheels, interior trim), and accessories (i.e. sports seats, seat covers, speed shifters). This industry wholesales motor vehicle parts to automobile manufacturers and automotive parts retailers, though it does not include new tires and tubes.
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.