Diesel Engine & Parts Wholesaling in the US - Industry Market Research Report

Revving Up: a Rising Average Age of the Vehicle Fleet is Forecast to Increase Industry Demand

Operators in the Diesel Engine and Parts Wholesaling industry purchase diesel engines and parts from manufacturers to resell to downstream markets. Industry operators experienced revenue growth over the five years to 2022, after exhibiting significant declines just prior to the start of the current period. However, in 2020, industry revenue declined 12.7% due to the effects of the COVID-19 (coronavirus) pandemic, as demand from downstream markets declined. Conversely, the industry did benefit from several positive trends, including an aging vehicle fleet and an increasing industrial production index. However, the pandemic created unfavorable economic conditions and reduced industrial production. However, an economic recovery in 2021 led to rebounding growth from downstream markets. Overall, industry revenue is expected to increase at an annualized rate of 0.3% to $11.3 billion over the five years to 2022, including a 3.0% rise in 2022 alone.

Operators in this industry purchase diesel engines and parts, including crankshafts, fuel-injection systems, pistons and valves, among others, from manufacturers to sell to a plethora of downstream industries.

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's key players and their market shares.