Global Auto Components Market Report
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1 Global Auto Components Market Report
2 Executive Summary The automotive components industry accounts for a significant share of the total production of the global manufacturing industry. The industry is very diverse, covering goods used to supply Original Equipment Manufacturers (OEMs), also known as automakers, and supplying the aftermarket or used car replacement. The term automotive was created from Greek autos (self), and Latin motivus (of motion) to represent any form of self-powered vehicle. The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's most important economic sectors by revenue. The automotive industry began in the 1890s with hundreds of manufacturers that pioneered the horseless carriage. For many decades, the United States led the world in total automobile production. In 2009, China took the top spot with ten million units. The key factors driving the growth of the auto components industry are growing complexities and demand in automobile industry, growing importance of suppliers and their recognition as partners as well as increase in opportunities for mega suppliers. Some of the noteworthy trend and developments of this industry are shifting focus on R&D, increasing M&A deals within the industry and emergence of online sales trend in the industry. However, the expansion of the industry is hindered by higher competitiveness of tier 1 supplier over tier 2 and tier 3 suppliers along with emergence of tier 1.5 suppliers. The report Global Automotive Components Market provides an in-depth analysis of the global market along with a detailed study of the North American and Asian markets. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The four major players in the industry, Bosch, Magna Int., Denso and Hyundai Mobis are also being profiled.
3 Million Units Million Units With globalization, developing economies have opened their gates to modernization and technology that was earlier limited to boundaries of western economies. Global Automobile Production ( ) A CAGR of xx% was registered for the period , the same declined to xx% for the period A growth of xx% was achieved in 2014 compared to Production in China rose from xx million units to xx million units from 2009 to On the other hand, US produced xx million units in 2014 still lagging xx% of that Chinese automakers production volume. In 2014, China nearly produced a quarter of total production of automobile worldwide. The US happened to be the second most prominent supplier of automobiles to the world. Japan contributed only xx% automobiles to the world. Top Contributors for Automobile Production Worldwide ( ) Automobile Production Share by Country (2014) China United States Japan Brazil Germany India China United States Japan Brazil Germany India Others
4 Oct-09 Jan-10 Apr-10 Jul-10 Oct-10 Jan-11 Apr-11 Jul-11 Oct-11 Jan-12 Apr-12 Jul-12 Oct-12 Jan-13 Apr-13 Jul-13 Oct-13 Vehicles have proved to be the lifeline of the world, where large distances are covered in minutes and hours with the massive use of vehicles in daily life. Global Auto Components Export and Imports by Region (2014) Others Ocenia Africa South America North America Asia Imports Exports Asia and Europe also account for more imports than other country, despite the fact that they export more than their import account. Japan holds the top position in the global market for automotive part suppliers, followed by the US supplying nearly xx% of what top 100 OEM suppliers provide in the market. A comparative output index report reflected the fact that auto and auto parts industry has been performing on a scale better than the global manufacturing averages. Europe Top 100 OEM Part Suppliers by Country (2014) Autos and Auto Parts Industry Output Index Auto and Auto Parts Germany France Canada Global Manufacturing Average Sweden Switzerland Luxemburg Mexico Spain
5 US$ Billion % US$ Billion The European and Asian economies lead the production of automotive parts supported by the fact that these are the largest exporters capturing more than 90% of the global market. The US Automotive Manufacturing Establishments by State (2014) All Other US Mississippi Alabama Kentucky Missouri Tennessee Illionois Texas Indiana Ohio Michigan Motor Vehicle Manufacturing Body and Trailer Manufacturing Parts Manufacturing Within the US, the largest numbers of establishments for parts manufacturing are found in Michigan (nearly xx) followed by princely state of Ohio, Texas and Indiana. China took a revolutionary turn in 2009, when it went to manufacture automobiles in line with that of US production level. It manufactured xx million automobiles in 2009 which rose to xx million units by end of Auto Parts Manufacturing Industry Revenue in China ( E) Indian Auto Component Industry Turnover (2008/ /15) Revenue YoY Growth Domestic Revenue Export Revenue Industry TurnOver E
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