+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Auto Parts Manufacturing in the US - Industry Market Research Report

  • PDF Icon

    Report

  • 79 Pages
  • November 2023
  • Region: United States
  • IBISWorld
  • ID: 312933

Open road: Rising demand in the auto industry will increase the need for auto parts

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.

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

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Denso Corp.
  • Robert Bosch GmbH
  • Grupo Antolin-Irausa SA
  • Faurecia
  • Car Sound Exhaust System, Inc.
  • Accuride Corp
  • Maxon Lift Corporation
  • B&B Manufacturing, Inc.
  • Borbet Gmbh
  • Buyers Products Company
  • Allied Oil & Supply, Inc.
  • J. B. Poindexter & Co., Inc.
  • Thieman Tailgates Inc.
  • L. & M. Radiator Pty Ltd
  • Pirate Manufacturing Inc.
  • Cargotec Corp Oyj
  • 4 State Trucks
  • Wheel Group Holdings LLC
  • Woodbine Manufacturing Company Inc.
  • Anthony Liftgates Inc.
  • Pacific Wheel Distributors, Inc.
  • American Force Wheels
  • Griffin Thermal Products
  • Powerdrive LLC
  • Iochpe-Maxion
  • Donaldson Company, Inc.
  • Superior Industries International, Inc.
  • Motorcar Parts of America Inc.
  • Palfinger AG
  • Advanced Filtration Systems Inc.
  • US Radiator Corp.
  • Pacific Radiator Mfg. Ltd.
  • Leyman Manufacturing Inc.
  • Prime Wheel Corporation
  • MAHLE International GmbH

Methodology

Loading
LOADING...