DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/bdbade/automobile_parts_m) has announced the addition of the "Automobile Parts Manufacturing" report to their offering.
The US auto parts manufacturing industry consists of about 4,000 companies with combined annual revenue of more than $150 billion. Large companies include ArvinMeritor, Dana, Delphi, Lear, Visteon, and the automotive division of Johnson Controls.
Worldwide, the auto parts manufacturing industry generates about $1 trillion in annual revenue. Leading auto parts manufacturers based outside the US include Robert Bosch and Continental (Germany), DENSO and Aisin Seiki (Japan), Faurecia (France), and Magna International (Canada).
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 industry in the US is capital-intensive: average annual revenue per employee is more than $350,000.
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), which in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMs.
Key Topics Covered:
Quarterly Industry Update
Call Preparation Questions
Web Links and Acronyms
For more information visit http://www.researchandmarkets.com/research/bdbade/automobile_parts_m
Source: First Research