Albany, NY -- (ReleaseWire) -- 01/30/2014 -- Market analysts forecast the Automotive Parts Aftermarket in the US to grow at a CAGR of 2.04 percent over the period 2014-2018. One of the key factors contributing to this market growth is the fact that the costs of aftermarket parts are lower than those of original equipment components. The Automotive Parts Aftermarket in the US has also been witnessing the increasing mean age of light vehicles. However, the growing vulnerability of the US Auto-parts industry could pose a challenge to the growth of this market.
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Research report, the Automotive Parts Aftermarket in the US 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the US region; it also covers the Automotive Parts Aftermarket landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Bridgestone Corp., Compagnie Generale des Etablssements Michelin SCA, Continental AG, Cooper Tire and Rubber co., Magna International Inc., and The Goodyear Tire and Rubber Co.
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Key questions answered in this report:
What will the market size be in 2014/2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
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