Revenue for the Auto Parts Manufacturing industry is expected to grow in the five years to 2016 due to a rebound in demand from automakers. As consumer confidence rose over the five-year period, consumers released pent-up demand for big-ticket items such as new cars, driving demand for upstream parts suppliers. Industry operators depend heavily on demand from US manufacturers, and a favourable exchange rate over the period has lifted export revenue. These trends are expected to continue over the five years to 2021, as increasingly stringent emissions regulations heighten demand particularly for fuel-efficient parts.
Companies in this industry manufacture and rebuild a wide 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.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.