Industry Analysis & Industry Trends
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The industry's relationship with automakers proved to be its downfall during the recession, with low car sales causing demand for automobile interior parts to drop. As the Car and Automobile Manufacturing industry improves over the next five years, the Automobile Interior Manufacturing industry's revenue will pick up. Also, the automotive sector is expected to globalize further, with imports and exports increasing. Domestic automobile interior manufacturers will benefit from growth in worldwide demand... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry portrays a medium level of concentration as the top four players will account for an estimated 61.4% of revenue. Data from the Statistics of US Businesses indicates that 52.0% of firms employ less than 20 people, while 41 firms employ more than 500 people. Concentration initially declined in the early 2000s due to divestitures, but rose again in 2007 and 2008 following the consolidation of Lear and Collins & Aikman's interiors businesses into a new, privately owned company. Acquisitions have continued in recent years and combined with some industry abandonment, the total number of enterprises is projected to remain relatively unchanged since 2008, despite some volatility in between. .. purchase to read more