Industry Analysis & Industry Trends
Automobile engine manufacturers have had a harrowing five years, with the automotive sector's poor performance directly affect demand for engines. The industry will improve over the next five years, as firms develop more energy-efficient technologies. Nevertheless, firms will face greater competition from electric vehicles, which do not rely on gasoline engines... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Automobile Engine and Parts Manufacturing industry has moderate market share concentration, with the four largest firms accounting for about 58.1% of revenue in 2012. Concentration has drifted downward since 2007, as many of the largest industry players, particularly the three domestically owned firms, have experienced declining market shares. Sales for General Motors, Ford and Chrysler have fallen dramatically over the last five years, as consumers moved away from their core products: light trucks and SUVs. Lower vehicle sales directly affected these companies' engine manufacturing operations.
Industry concentration will continue to decline over the next five years. New foreign-owned firms are increasing their manufacturing presence in the United States... purchase to read more