2013-01-21 08:10:02 -
Auto Parts Remanufacturing in the US - Industry Market Research Report - a new market research report on companiesandmarkets.com
Auto Parts RemanufacturingThrough the recession, industry firms enjoyed increased revenue as per capita disposable income sank and consumers opted to repair their vehicles with cheaper remanufactured parts to save money. The recent economic upswing has reversed this trend and consumers are increasingly purchasing new parts and replacing old cars, reducing industry demand. As the economy recovers, demand will continue to drop, forcing firms to adapt and increase their product offerings to survive.This industry includes firms that remanufacture automotive parts. Remanufacturers acquire disassembled, used components and combine several pieces to reassemble or remanufacture an automotive part. Firms remanufacture various automotive parts, including alternators, starters, steering parts and electrical units. Firms operate as stand-alone enterprises or as part of a larger retailer,
services garage or original equipment manufacturer. This industry excludes engine remanufacturing.This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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