Industry Analysis & Industry Trends
As consumer confidence fell over the five-year period, unemployment soared and consumers delayed big-ticket purchases, such as new cars. As a result, automakers reduced production levels, which hindered industry revenue growth. Over the five years to 2018, domestic auto parts manufacturers are expected to thrive as demand for automobiles continues to increase, bolstered by improving economic conditions... purchase to read more
Industry Report - Industry Products Chapter
Companies in this industry manufacture and rebuild a wide variety of motor vehicle part and accessories. These parts include airbags, air conditioners, catalytic converters, engine exhaust systems, mufflers and resonators, radiators, radiator cores and wheels. Furthermore, these products are primarily used in new motor vehicle production.
Air conditioners and airbags
Heating, venting and air conditioning (HVAC) systems and airbags are expected to account for 23.5% of industry revenue in 2013. Both of these systems are comprised of several specialised components, which are often purchased from small manufacturers. For example, HVAC systems combine ventilation ducts, a compressor and heat exchanger to control the temperature inside of a vehicle... purchase to read more