Auto Parts Manufacturing in the US - Industry Market Research Report

Auto Parts Manufacturing in the US - Industry Market Research Report


Auto Parts Manufacturing in the US

Auto parts manufacturers build multiple items, including exhaust systems, airbags, heating, ventilation, air conditioning systems (HVAC) and filtration devices. The industry faced major challenges during COVID-19, when social distancing significantly reduced travel and weakened manufacturing processes, resulting in a major decline in revenue. Mass vaccination in 2021 led to the relaxation of pandemic restrictions, which has spurred recreational activity through 2023. As more people drive because of increased outdoor fun, new car sales have risen, along with the need for repairs on vehicles resulting from more traveling. These factors have caused spending on auto parts for new and existing vehicles to rise, raising revenue for auto parts manufacturers.

Companies in this industry manufacture and rebuild various motor vehicle parts and accessories. These parts include airbags, 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 included 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.


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

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