Research and Markets (http://www.researchandmarkets.com/research/w982xw/automobile_parts) has announced the addition of the "Automobile Parts Manufacturing" report to their offering.
Companies in this industry manufacture automobile parts, including transmission and power train components, engines and engine parts, body parts and trim, electronics, braking systems, and steering and suspension components. Major companies include Dana, Delphi, Lear, Meritor, Visteon, and the automotive division of Johnson Controls (all in the US); Robert Bosch and Continental (Germany); DENSO and Aisin Seiki (Japan); Faurecia (France); and Magna International (Canada).
Worldwide, the auto parts manufacturing industry generates about $1 trillion in annual revenue. Economic expansion in emerging markets is expected to drive healthy growth in the auto manufacturing sector over the next several years, which should bolster demand for auto parts.
The US auto parts manufacturing industry consists of about 4,000 companies with combined annual revenue of about $180 billion and is expected to experience a high growth rate in the next two years.
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones.
The structure of the industry is complex, with most smaller companies (referred to as tier 2 and tier 3 suppliers) selling parts to larger suppliers (referred to as tier 1 suppliers).
Key Topics Covered
1. Industry Overview
2. Quarterly Industry Update
3. Business Challenges
4. Business Trends
5. Industry Opportunities
6. Call Preparation Questions
7. Financial Information
8. Industry Forecast
9. Web Links and Acronyms
For more information visit http://www.researchandmarkets.com/research/w982xw/automobile_parts
- Sectors & Industries
- Johnson Controls