Automobile Engine & Parts Manufacturing in the US - Industry Market Research Report
Description
Automobile Engine & Parts Manufacturing in the US
Automobile engine and parts manufacturers are companies that produce gasoline-powered engines and parts. The industry primarily consists of vertically integrated automobile manufacturers that produce their own engines, in addition to other large companies that provide engines to a variety of automobile manufacturers. The industry has experienced turbulence in recent years as COVID-19 wreaked havoc on operations. The industry is highly globalized, with larger companies operating facilities in a variety of countries. Trade restrictions forced these manufacturers to restructure their processes as shipping engines across the world wasn't viable. Poor economic conditions and a reduced need for travel following stay-at-home orders led many consumers to put vehicle-related purchases on the backburner. Profit has been significantly pressured by skyrocketing input costs, spurring many manufacturers to downsize. As a result, automobile engine and parts manufacturers' revenue has declined at a CAGR of 3.5% to $40.4 billion through the end of 2023, including a 0.7% drop in 2023 alone, when profit will reach 4.5%.
Operators in this industry manufacture motor vehicle gasoline engines and related parts including valves, pistons, crankshafts, camshafts, fuel injectors and pumps. This industry does not include hybrid engines, electric vehicle motors or diesel engines.
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.
Automobile engine and parts manufacturers are companies that produce gasoline-powered engines and parts. The industry primarily consists of vertically integrated automobile manufacturers that produce their own engines, in addition to other large companies that provide engines to a variety of automobile manufacturers. The industry has experienced turbulence in recent years as COVID-19 wreaked havoc on operations. The industry is highly globalized, with larger companies operating facilities in a variety of countries. Trade restrictions forced these manufacturers to restructure their processes as shipping engines across the world wasn't viable. Poor economic conditions and a reduced need for travel following stay-at-home orders led many consumers to put vehicle-related purchases on the backburner. Profit has been significantly pressured by skyrocketing input costs, spurring many manufacturers to downsize. As a result, automobile engine and parts manufacturers' revenue has declined at a CAGR of 3.5% to $40.4 billion through the end of 2023, including a 0.7% drop in 2023 alone, when profit will reach 4.5%.
Operators in this industry manufacture motor vehicle gasoline engines and related parts including valves, pistons, crankshafts, camshafts, fuel injectors and pumps. This industry does not include hybrid engines, electric vehicle motors or diesel engines.
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.
Table of Contents
57 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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