Auto Parts Wholesaling in the US
Revenue for the Auto Parts Wholesaling industry is expected to trend higher over the five years to 2018. Original equipment manufacturers have built and improved key partnerships to meet bolstered consumer demand and evolving consumer preferences. As auto parts retailers increased sales and consumers sought auto repair services and parts replacements, wholesalers encountered a growing demand for products. Furthermore, during the five-year period, foreign-owned companies such as Magna International Inc. and Denso Corporation were able to boost their domestic presence. As automobile imports have increased, the market for foreign car parts increased as a result. Many foreign wholesalers have increased their US operations to cater to existing partnerships with manufacturers. Demand from automakers is expected to be the fastest growing driver of industry growth, but higher sales of industry goods in the long run will rely on technologically advanced, fully equipped amenities such as on-board diagnostic systems and innovative safety features sold to retailers and individual stores.
This industry comprises operators that sell automotive parts wholesale to automobile manufacturers, automotive parts retailers and auto service providers. Sales of new tires and tubes are not included.
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.
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