When a transmission or engine fails, consumers can replace the malfunctioning component with a new, rebuilt, or remanufactured unit, or purchase a new vehicle. With automobile prices rising, the latter is a costly option. However, many drivers are unaware that remanufactured transmissions and engines represent a cost-efficient, reliable alternative. As individuals drive older vehicles greater distances, the steady wear on automotive parts is resulting in a healthy demand for aftermarket components.

This Frost & Sullivan research provides a comprehensive view of the North American rebuilt transmission and engine aftermarket. By highlighting key drivers and restraints and identifying industry trends, the study allows users to devise strategic plans to capitalize on this growing field.

Longer Warranties Boost Consumer Confidence, Sales

Consumers are commonly under the impression that rebuilt and remanufactured components are of lesser quality than new components. However, not only are remanufacturers including longer warranties with their products, but some units now carry coverage that surpasses that of new equipment.

"With longer warranty coverage, consumers can be confident that rebuilt and remanufactured parts have the quality comparable to a new unit, and this added security is driving sales," says the author of this research.

Long Block Engines Propelling Remanufactured Engine Aftermarket

"The long block engine aftermarket is a growing field," states the author. " It is estimated that by 2007, long block sales will account for 99.5 percent of total rebuilt engine revenues."

As engines increase in complexity, installers are preferring the more expensive, long block units which come equipped with multiple pre-assembled components. The alternative is the lower-priced short block system, but mechanics lose valuable time and money rebuilding the cylinder heads this engine lacks. While long blocks are extremely complex, their overall cost-efficiency is driving demand.

This Frost & Sullivan analysis provides in-depth information on the state of the North American rebuilt transmission and engine aftermarket, allowing users to successfully optimize their resources.

Additional Information

Market Participants
Accurate Transmissions, Inc.
AER Manufacturing
Aftermarket Technology Corp.
American & Import Engines
ATK North America
Cummins, Inc.
Delco Remy International Inc.
Consolidated Manufacturing /Four Star Engines & Parts
Fred Jones Enterprises L.L.C.
General Motors Service Parts Operations
H & A Transmissions, Inc.
Howard Engineering Corporation
Jasper Engines & Transmissions
K. Watanabe Corporation
Karway Remanufactured Transmission
Marshall Engines
Precision Engine Rebuilders
Recon Automotive Manufacturing, Inc.
Springfield Remanufacturing Corporation
Top Line Automotive Engineering, Inc.
Transmission Exchange Company
Yamato Engine Specialists

Related Companies
VEGE-Motoren

Associations
Production Engine Remanufacturers Association
Automotive Engine Rebuilders Association
Automatic Transmission Rebuilders Association
Automotive Parts Rebuilders Association

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