by Corinne Gangloff
January 4, 2018
The degree of industry fragmentation in the automotive aftermarket varies considerably from one product segment to another. Batteries, lamps and lighting, and spark plugs and other ignition system components are the most concentrated. In each of these product segments, the eight largest suppliers account for more than 70% of the regional sales total in value terms. The most fragmented industry segments are air conditioning and engine cooling components, electronic components, and powertrain components. These and other trends are presented in North America Automotive Aftermarket Competitor Analysis, a new study from The Freedonia Group, a Cleveland-based industry research firm.
The leading manufacturers in the batteries, lamps and lighting, and spark plug segments benefit from:
These factors prevent other suppliers from gaining significant market shares. Nevertheless, these more concentrated segments of the North American automotive aftermarket continue to attract additional competition because of their substantial size and the stable nature of demand.
In the most fragmented segments – air conditioning and engine cooling components, electronic components, and powertrain components – these factors play a significant role:
North America Automotive Aftermarket Competitor Analysis (published 11/2017, 303 pages) is available for $3500 from The Freedonia Group. For further details or to arrange an interview with the analyst, please contact Corinne Gangloff by phone 440.684.9600 or email [email protected].
North America Automotive Aftermarket Companion Studies
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