The Motor Vehicle Dismantling and Used Parts Wholesaling industry has travelled along a slight downhill path over the past five years. The industry benefits from consumers holding on to their ageing vehicles and demanding replacement parts for them, or from scrapping their old vehicles. While the number of motor vehicles on the road has risen over the past five years, much of this has been due to growth in new car sales. The average age of the vehicle fleet has fallen as the composition of vehicles on the road has trended towards newer models, which are generally more reliable and fitted with more advanced crash-avoidance technology.
Industry operators dismantle motor vehicles and sell the parts obtained in the dismantling process. Industry operators also wholesale used motor vehicle parts obtained from other sources.
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.