Industry Analysis & Industry Trends
A recovery in the automotive industries will spur demand for transmission and power train parts provided by the industry as manufacturers benefit from the improving economy. The electronic and technological content of this industry's products is particularly expected to expand, driven by consumer demand for greater vehicle performance and functionality. Over the next five years, transmission manufacturers will look to innovate their products to complement new, fuel-efficient engines... purchase to read more
Industry Report - Industry Locations Chapter
The majority of industry establishments reside in the Great Lakes region due to the close proximity to downstream markets. Because Detroit is the automotive capital of the United States, a majority of parts manufacturers are located there as well. However, the proportion declined in 2009 when a number of plants closed and relocated offshore in low-cost producing countries such as Mexico. In 2013, IBISWorld estimates that the Great Lakes region will account for 33.2% of industry establishments. Industry players Dana Holding Corp. and Allison Transmission all have transmission manufacturing operations in the Great Lakes region.
There is a significant concentration of establishments in the West and Southeast regions... purchase to read more