Auto Parts Manufacturing in the US
The Auto Parts Manufacturing industry has experienced strong growth over the past five years, as automakers, the industry's largest customers, have benefited from rising sales. Industry operators manufacture a wide variety of items, such as exhaust systems, air bags and HVAC systems. Higher consumer sentiment, coupled with increased disposable income during the period, has led to increased car sales. While the industry has benefited from heightened domestic and international demand, exchange rate pressures are anticipated to diminish the domestic industry's global footprint.
Companies in this industry manufacture and rebuild a variety of motor vehicle parts and accessories. These parts include air bags, air conditioners, catalytic converters, exhaust systems, mufflers and resonators, radiators, radiator cores and wheels. Engines, tires, brakes, steering systems, interiors, suspensions, transmissions and automotive electronics are not counted in the industry.
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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook