The Automotive Electrical Component Manufacturing industry has struggled under the weight of increasing import levels throughout the automotive supply chain over the past five years. While demand for new vehicles recovered following the global financial crisis, demand for the industry continued to weaken due to import penetration. The negative effect of imports at multiple levels of the supply chain has resulted in a forecast industry revenue decline of a compound annual 9.0% over the five years through 2013-14, to $922.4 million.
Participants in the industry are primarily engaged in manufacturing automotive electrical components such as air conditioners and demisters. Operators supply components to motor vehicle manufacturers and also the aftermarket. Firms in this industry do not manufacture batteries.
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.