Automotive Aftermarket in North America to 2016Report Details:Published:August 2012No. of Pages: 410Price: Single User Lic...
tempered by the rising quality of these already highly durable mechanical products.Aftermarket sales of exterior and struc...
for Economic Co-Operation and Development (OECD). GDP forecasts are developed from aconsensus of public agencies and priva...
I. EXECUTIVE SUMMARY 1II. MARKET ENVIRONMENT 4General 4Macroeconomic Environment 6United States 8Canada 10Mexico 12Light V...
Valves, Seats, & Related 82Bearings 84Camshafts 85Other 86Filters 87Oil Filters 90Air Intake Filters 92Fuel Filters 93Cabi...
Cooling System Components 135Radiators & Parts 137Water Pump Assemblies 139Thermostats 140Other 140Air Conditioning System...
Engine & Drivetrain 192Safety 193Anti-Lock Brakes, Traction, & Stability Control 195Airbags 196Tire Pressure 197Telematics...
Airtex Products, see UCI HoldingsAisin Seiki Company Limited 267ArvinMeritor, see MeritorASC Industries, see UCI HoldingsA...
Haldex Traction Systems, see BorgWarnerHoneywell International Incorporated 340J&K Car Electronics, see JVC KENWOODJohnson...
Summary Table 3SECTION II -- MARKET ENVIRONMENT1 North America: Macroeconomic Environment 82 United States: Macroeconomic ...
1 Exterior & Structural Product Aftermarket in North Americaby Product & Country 1492 Automotive Replacement Tire Demand i...
in North America 2236 Other Professional Provider Automotive Aftermarketin North America 2257 Consumer/DIY Automotive Afte...
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Automotive Aftermarket in North America to 2016

  1. 1. Automotive Aftermarket in North America to 2016Report Details:Published:August 2012No. of Pages: 410Price: Single User License – US$5100This study analyzes the automotive aftermarket in North America. It presents historical demanddata (2001, 2006, 2011) and forecasts for 2016 and 2021 by country, product (e.g., transmission,engine, filters, brake, steering and suspension, drivetrain, fuel system, exhaust and emissionssystem, cooling system, tires, window and glass, batteries, ignition, lighting, spark plugs,electronics, entertainment, security), and service performer. The study also considers marketenvironment factors, evaluates company market shares and profiles industry participants.Demand to increase 3.2% per annum through 2016The North American light vehicle aftermarket is projected to grow 3.2 percent annually to $85.5billion in 2016. Gains will be fueled by the expansion in size and increasing age of the NorthAmerican light vehicle fleet, which includes a rising number of vehicles in prime aftermarketservice age: five to ten years for many components. Additionally, as the regional economyimproves and unemployment rates decrease, average miles driven per vehicle will climb alongwith travel to and from work.Continuing improvements in vehicle component durability will prevent sales from rising morerapidly through 2016, as will increased monitoring of vehicle systems by advanced onboardelectronics, alerting owners of any performance issues. This will reduce the need to make majorrepairs, although these losses will be offset somewhat by the ensuing maintenance work andsales of minor repair parts. Increasing price pressures from aftermarket parts sourced from lowlabor cost countries will also dampen sales growth in dollar terms.Electronic products to be fastest growing segmentThe fastest growth among the major aftermarket product segments will be registered by electronicproducts. Suppliers of items such as controls, modules, and sensors will be the beneficiaries of thefurther development of advanced vehicle systems and the rising amount of electronic contentfound in light vehicles. Mechanical products -- which include automotive filters, brake parts,drivetrain components, engine hard parts, and transmissions -- will continue to be the largestaftermarket segment, accounting for 38 percent of all sales in 2016. Demand gains will be
  2. 2. tempered by the rising quality of these already highly durable mechanical products.Aftermarket sales of exterior and structural products are forecast to grow in line with the overallmarket through 2016, decelerating from the 2006 to 2011 period. Increased demand for higherpriced items like performance tires and advanced glass products, including solar control windowsand electrochromic mirrors, will help spur this rise. Value gains will be restricted, however, byimproved tire quality and moderating raw material costs. Electrical parts are expected to record asimilar rise in demand, limited by the long useful life of many products in this segment andstabilizing raw material prices, which will reduce inflationary pressures and market increases indollar terms.Professional service providers to dominate salesProfessional service providers account for the vast majority of demand for light vehicle aftermarketparts, representing 85 percent of total sales in 2011. The professional service provider market isexpected to see faster growth than the doit- yourself (DIY) market through 2016 due to theincreasing complexity of modern vehicle systems and components, which makes it more difficultfor DIYers to do some types of maintenance and repair work.COMPANY PROFILESProfiles 44 competitors in the North American industry, such as Bridgestone, Continental, CooperTire & Rubber, Federal-Mogul, Goodyear Tire & Rubber, Johnson Controls and MichelinAdditional InformationHistorical data for 2001, 2006, and 2011 and forecasts to the years 2016 and 2021 are provided incurrent US dollars (including inflation) for sales of automotive aftermarket products in NorthAmerica. Forecasts are also provided by country (US, Canada, and Mexico) and by majoraftermarket service performer (garages and service stations, automobile dealerships, specialists,other professionals, and consumers/do-it-yourselfers). A demand model based on consumerrepair frequencies was utilized to develop the wholesale revenues used in this report, in order totake into account the large and growing used and rebuilt parts industries. Because the aftermarketdata in this study are valued at the manufacturers’ level, they may understate other sources thatvalue the market at the retail or some intermediate level. The term “demand” -- usedinterchangeably with “sales,” “market,” and “consumption” -- is defined as all shipments from NorthAmerican production sites, plus imports minus exports.Corporate sales figures and related sales represent estimates based on consultation with multiplesources. Macroeconomic and demographic indicators presented in this study were obtained fromThe Freedonia Group Consensus Forecasts dated June 2012. Gross Domestic Product (GDP)historical data are derived from the national income and products accounts from the Organisation
  3. 3. for Economic Co-Operation and Development (OECD). GDP forecasts are developed from aconsensus of public agencies and private firms.All estimates of gross domestic product and components of GDP are done in terms of constantpurchasing power parity in a benchmark year (2010) that is one year before the base year (2011)used in this study. Purchasing power parity GDP estimates for the benchmark year are obtainedfrom the OECD, the World Bank, and the International Monetary Fund. These purchasing powerparity GDP estimates for the benchmark year are based on gross domestic product dataexpressed in the individual countries’ local currency, which are then converted to US dollars byvaluing each country’s output at US prices in the benchmark year. This approach values the samephysical output at a consistent price for all countries, thereby reducing the distorting influence ofdifferent price levels in the different countries. The alternative approach of using exchange rates toconvert local currency GDP to US dollars would tend to overvalue the output of countries with highaverage price levels and undervalue the output of countries with low average price levels, becauseexchange rate conversions only partially reflect the relative prices for goods and services that aredomestically consumed and invested. Furthermore, factors other than relative prices, such asdemand and supply in currency markets, interest rates, and capital flows, affect exchange rates.Once the GDP values for a country are estimated for the benchmark year, we then calculateinflation-adjusted GDP for all other years for that country based on historical and forecast growthrates of GDP expressed in inflationadjusted units of that country’s local currency. This approachensures that the GDP series for any given country is an accurate index of changes ininflationadjusted GDP for that country. However, it also implicitly assumes that the price structuresacross countries do not change from those of the benchmark year. Therefore, caution should beused in comparing the relative GDP of countries in years other than the benchmark year. If theratio of prices across two countries in a given year differs from the ratio of prices across thosecountries in the benchmark year, then the change in the relative sizes of those two economies asmeasured will not accurately reflect changes in output.The benchmark year is chosen to be one year prior to the base year for the study for reasons ofdata availability. One benefit of that choice is that the ratio of prices across countries in the baseyear is usually similar to that in the benchmark year. Therefore, the ratio of real GDP between twocountries in the base year of 2011 is generally a reasonably accurate representation of the relativesizes of their economies.Get your copy of this report @http://www.reportsnreports.com/reports/187201-automotive-aftermarket-in-north-america-to-2016.htmlMajor points covered in Table of Contents of this report includeTable Of contentsINTRODUCTION
  4. 4. I. EXECUTIVE SUMMARY 1II. MARKET ENVIRONMENT 4General 4Macroeconomic Environment 6United States 8Canada 10Mexico 12Light Vehicle Supply & Demand Dynamics 13United States 16Canada 19Mexico 20Automotive Industry Trends 22United States 23Canada 25Mexico 26Aftermarket Forces at Work 28Vehicle Quality Improvements 32Vehicle Mileage Trends 33Average Vehicle Age 35Accident Trends 37Pricing Trends 39Technology & Materials Trends 41Legal & Regulatory Trends 44Foreign Trade & International Issues 47Global Supply & Demand Trends 48Trends in Foreign Trade 50III. AUTOMOTIVE AFTERMARKET BY COUNTRY 53General 53United States 55Canada 59Mexico 62IV. MECHANICAL PRODUCT AFTERMARKET 65General 65Transmissions & Parts 68Transmissions 72Parts 74Engines & Parts 75Engines, Blocks, & Cylinder Heads 79Pistons & Rings 81
  5. 5. Valves, Seats, & Related 82Bearings 84Camshafts 85Other 86Filters 87Oil Filters 90Air Intake Filters 92Fuel Filters 93Cabin Air Filters 95Other 96Brake Parts 97Shoes, Pads, & Linings 101Rotors 102Calipers & Cylinders 103Drums 104Anti-Lock Brake System Components 105Other 106Steering & Suspension Components 107Shock Absorbers & Struts 110Tie Rod Ends 111Ball Joints 112Power Steering Pumps 112Power Steering Hose Assemblies 113Other 114Drivetrain Components 115Axles & Parts 117Wheels & Hubs 118Clutch Assemblies 119Constant Velocity Joints 120Drive Shafts 121Universal Joints 122Other 123Fuel System Components 123Fuel Injection Products 125Fuel Pumps 127Carburetors & Parts 128Other 128Exhaust & Emissions System Components 129Mufflers 131Pipes 132Catalytic Converters 133Other 135
  6. 6. Cooling System Components 135Radiators & Parts 137Water Pump Assemblies 139Thermostats 140Other 140Air Conditioning System Components 141Compressors 143Condensers 144Blower Motors 145Other 145V. EXTERIOR & STRUCTURAL PRODUCTAFTERMARKET 147General 147Tires 149Wiper Blades 153Windows & Glass 155Laminated Safety Glass 157Tempered Safety Glass 159Mirrors 159Solar Control & Other 160Other 161VI. ELECTRICAL PRODUCT AFTERMARKET 164General 164Batteries 166Ignition Systems & Parts 170Starters 172Ignition Harnesses, Cables, & Coils 173Distributors & Parts 174Other 174Lighting Equipment 175Headlamps & Bulbs 177Parking, Tail, & Interior 178Spot, Fog, & Auxiliary 179Charging Equipment 180Spark Plugs 182Other 184VII. ELECTRONIC PRODUCT AFTERMARKET 187General 187Electronic Controls, Modules, & Sensors 190
  7. 7. Engine & Drivetrain 192Safety 193Anti-Lock Brakes, Traction, & Stability Control 195Airbags 196Tire Pressure 197Telematics, Navigation, & Instrumentation 198Comfort & Convenience 199Emissions Control Sensors 200Automotive Entertainment 202Sound Systems 204Video & Multimedia Systems 205Security Systems 205Remote/Wireless 207Vehicle Recovery Systems 208Local 209VIII. AUTOMOTIVE AFTERMARKET BY PERFORMER 211General 211Professional 214Specialists 217Garages & Service Stations 219Automobile Dealerships 220Other 223Consumer/DIY 225IX. INDUSTRY STRUCTURE 228General 228Industry Composition 229Market Share 232Tires 238Non-Tire Products 239Product Development & Manufacturing 240Marketing 241Distribution 243Strategic Partnerships 245Mergers, Acquisitions, & Industry Restructuring 253Financial Issues & Requirements 260Company Profiles 261ACDelco, see General MotorsAdvance Auto Parts Incorporated 262ADVICS, see Aisin Seiki and DENSOAffinia Group Incorporated 264
  8. 8. Airtex Products, see UCI HoldingsAisin Seiki Company Limited 267ArvinMeritor, see MeritorASC Industries, see UCI HoldingsAssociated Fuel Pump Systems, see Bosch (Robert) andDENSOAutomotive Components Holdings, see Ford MotorAutopart International, see Advance Auto PartsAutoparts Holdings Limited 271AutoZone Incorporated 273Balkamp, see Genuine PartsBERU Systems, see BorgWarnerBorgWarner Incorporated 274Bosch (Robert) GmbH 279Bridgestone Corporation 284Canadian Tire Corporation 287Champion Laboratories, see UCI HoldingsChrysler Group LLC 289Continental AG 290ContiTech, see ContinentalCooper Tire & Rubber Company 297Cooper-Standard Holdings Incorporated 299Corporacion de Occidente, see Cooper Tire & RubberDana Holding Corporation 302Delphi Automotive plc 305DENSO Corporation 309East Penn Manufacturing Company Incorporated 313Eaton Corporation 314EDC Automotive, see Cooper-Standard HoldingsExide Technologies 315Federal-Mogul Corporation 318Ford Motor Company 322Forecast Trading, see Standard Motor ProductsFuyao Glass Industry Group Company Limited 325Gates, see TomkinsGeneral Motors Company 326Genuine Parts Company 329GETRAG, see GKNGKN plc 331Goodyear Tire & Rubber Company 334GTY Tire, see ContinentalGuardian Industries Corporation 337
  9. 9. Haldex Traction Systems, see BorgWarnerHoneywell International Incorporated 340J&K Car Electronics, see JVC KENWOODJohnson Controls Incorporated 343JVC KENWOOD Corporation 346Meritor Incorporated 348Michelin Group 349Morse TEC, see BorgWarnerNational Automotive Parts Association, see Genuine PartsNiles, see ValeoNippon Sheet Glass Company Limited 352Nishikawa Standard, see Cooper-Standard HoldingsOSRAM, see SiemensPep Boys - Manny, Moe & Jack 354Pilkington North America, see Nippon Sheet GlassPioneer Corporation 357Pittsburgh Glass Works LLC 358Purolator Filters NA, see Bosch (Robert)Quaker City Motor Parts, see Genuine PartsSiemens AG 360Sony Corporation 363SRG Global, see Guardian IndustriesStandard Motor Products Incorporated 365Tenneco Incorporated 368Tomkins Limited 370Trico Products Incorporated 373TRW Automotive Holdings Corporation 374UAP, see Genuine PartsUCI Holdings Limited 378Valeo SA 382Valeo Sylvania, see Siemens and ValeoVeyance Technologies Incorporated 386Visteon Corporation 387Wells Vehicle Electronics, see UCI HoldingsWIX Filtration, see Affinia GroupZF Lenksysteme, see Bosch (Robert)Additional Companies in the North American AutomotiveAftermarket 391List Of TablesSECTION I -- EXECUTIVE SUMMARY
  10. 10. Summary Table 3SECTION II -- MARKET ENVIRONMENT1 North America: Macroeconomic Environment 82 United States: Macroeconomic Environment 103 Canada: Macroeconomic Environment 114 Mexico: Macroeconomic Environment 135 North America: Light Vehicle Overview 166 United States: Light Vehicle Overview 197 Canada: Light Vehicle Overview 208 Mexico: Light Vehicle Overview 219 World Light Vehicle Aftermarket by Region 50SECTION III -- AUTOMOTIVE AFTERMARKET BYCOUNTRY1 North America: Automotive Aftermarket by Product & Country 552 Automotive Aftermarket in the United States by Product 593 Automotive Aftermarket in Canada by Product 614 Automotive Aftermarket in Mexico by Product 64SECTION IV -- MECHANICAL PRODUCT AFTERMARKET1 Mechanical Product Aftermarket in North America by Product& Country 672 Transmission & Part Aftermarket in North America by Product& Country 723 Engine & Part Aftermarket in North America by Product& Country 784 Automotive Filter Aftermarket in North America by Product& Country 905 Brake Part Aftermarket in North America by Product& Country 1006 Steering & Suspension Component Aftermarketin North America by Product & Country 1097 Drivetrain Component Aftermarket in North Americaby Product & Country 1178 Fuel System Component Aftermarket in North Americaby Product & Country 1259 Exhaust & Emissions Component Aftermarketin North America by Product & Country 13110 Cooling System Component Aftermarket in North Americaby Product & Country 13711 Air Conditioning System Component Aftermarketin North America by Product & Country 143SECTION V -- EXTERIOR & STRUCTURAL PRODUCTAFTERMARKET
  11. 11. 1 Exterior & Structural Product Aftermarket in North Americaby Product & Country 1492 Automotive Replacement Tire Demand in North Americaby Country 1533 Automotive Wiper Blade Aftermarket in North Americaby Country 1554 Automotive Window & Glass Aftermarket in North Americaby Product & Country 1575 Other Exterior & Structural Product Aftermarketin North America by Country 163SECTION VI -- ELECTRICAL PRODUCT AFTERMARKET1 Electrical Product Aftermarket in North America by Product& Country 1662 Automotive Battery Aftermarket in North America by Product& Country 1703 Ignition System & Part Aftermarket in North Americaby Product & Country 1724 Automotive Lighting Equipment Aftermarket in North Americaby Product & Country 1775 Automotive Charging Equipment Aftermarket in North Americaby Country 1826 Spark Plug Aftermarket in North America by Country 1847 Other Automotive Electrical Product Aftermarketin North America by Country 186SECTION VII -- ELECTRONIC PRODUCT AFTERMARKET1 Electronic Product Aftermarket in North America by Product& Country 1902 Electronic Control, Module, & Sensor Aftermarketin North America by Product & Country 1923 Automotive Entertainment Aftermarket in North Americaby Product & Country 2044 Electronic Security System Aftermarket in North Americaby Product & Country 207SECTION VIII -- AUTOMOTIVE AFTERMARKET BYPERFORMER1 Automotive Aftermarket in North America by Performer 2142 Professional Automotive Aftermarket in North Americaby Performer 2163 Specialist Automotive Aftermarket in North America 2184 Garage & Service Station Automotive Aftermarketin North America 2205 Automobile Dealership Automotive Aftermarket
  12. 12. in North America 2236 Other Professional Provider Automotive Aftermarketin North America 2257 Consumer/DIY Automotive Aftermarket in North America 227SECTION IX -- INDUSTRY STRUCTURE1 North America: Automotive Aftermarket Salesby Company, 2011 2312 Selected Cooperative Agreements 2483 Selected Acquisitions & Divestitures 256List Of ChartsSECTION II -- MARKET ENVIRONMENT1 United States: Light Vehicle Production by Company, 2011 252 Canada: Light Vehicle Production by Company, 2011 263 Mexico: Light Vehicle Production by Company, 2011 284 Porter’s Five Forces Model for the North American AutomotiveParts Aftermarket 325 North America: Light Vehicle Miles Traveled, 2001-2011 346 North America: Average Light Vehicle Miles Traveled,2001-2011 357 North America: Average Light Vehicle Age, 2001-2011 368 North America: Light Vehicles Involved in Accidents,2001-2011 379 North America: Light Vehicles Involved in Accidentsper Thousand Vehicles in Use, 2001-2011 38SECTION IX -- INDUSTRY STRUCTURE1 North America: Automotive Aftermarket Market Share, 2011 2342 North America: Automotive Tire Aftermarket Market Share,2011 2383 North America: Automotive Non-Tire ProductAftermarket Market Share, 2011 239Contact: sales@reportsandreports.com for more information.

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