Go green: As demand for alternative power increases, industry revenue will fall

Over the five years to 2017, revenue growth for the Automobile Engine and Parts Manufacturing industry in California has been steady and moderate. The number of new car sales in the United States has increased, buoying demand for all forms of component parts, including engines and ancillary engine parts. However, the limited proportion of state industry operators that sell to OEMs has curtailed the benefit received by the local industry, as these local operators mainly manufacture aftermarket parts. Therefore, the growing age of registered vehicles has enabled robust demand for rebuilt and remanufactured engines, as well as minor replacement parts...read more.

Industry Statistics & Market Size
Revenue
$767m
Annual Growth 12-17
0.1%
Forecast Growth 17-22
Profit
Employment
2,010
Businesses
116
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Industry Threats & Opportunities

  • Despite California’s leading position in fuel efficiency, most registered cars still run on gas engines
  • Increased efficiency in the assembly process is likely to reduce the amount of skilled labor needed
  • The number of new car sales in the United States is forecast to decline over the next five years
  • Industry Report - Industry Locations Chapter

    Establishment density for operators in the industry tends to follow population patterns. However, Los Angeles County and Orange County both house a level of establishments well above their share of the population. This is largely due to the tendency of companies in the industry to operate as small, localized manufacturers or custom fabricators. As a result, the car culture in these regions supports a thriving level of companies that satisfy demand for remanufactured and custom builds. By percentage of total establishments, Los Angeles County, Orange County and Inland Empire account for the most operations at 38.1%, 16.2% and 12.4%, respectively. Despite accounting for 19.6% of the total population, the San Francisco Bay Area accounts for only 10.5% of industry establishments...purchase to read more.

    Additional Insights for the Automobile Engine & Parts Manufacturing in California Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Automobile Engine & Parts Manufacturing in California Industry are

  • Access to automated manufacturing technology
  • Ability to meet environmental regulations
  • Effective cost controls
  • IBISWorld analysts also discuss how external factors such as New car sales and Average age of vehicle fleet in the Automobile Engine & Parts Manufacturing in California industry impact industry performance..

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    What is the Automobile Engine & Parts Manufacturing in California Industry?

    Industry operators manufacture motor vehicle gasoline engines and related parts, including valves, pistons, crankshafts, camshafts, fuel injectors and pumps. This industry does not include hybrid engines, electric vehicle (EV) motors or diesel engines.

    Industry Products
  • New gas engines and parts
  • Rebuilt gas engines and parts
  • Other parts
  • Camshafts, crankshafts, pistons, piston rings and piston pins
  • Industry Activities
  • Crankshaft
  • Camshaft
  • Fuel injection system
  • Carburetor
  • Piston and piston ring
  • Fuel pump
  • Timing gear and chain
  • Engine valve
  • Gasoline engine block and assembly
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • New car sales
  • Average age of vehicle fleet
  • Consumer Spending in California
  • Price of new cars

  • Current Performance
  • Consumer trends
  • Industry consolidation
  • Chart: Revenue Growth

  • Industry Outlook
  • Legislation and technology
  • Table: Automobile Engine & Parts Manufacturing in California Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Automobile Engine & Parts Manufacturing in California Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Car & Automobile Manufacturing
  • SUV & Light Truck Manufacturing
  • Truck & Bus Manufacturing
  • Auto Parts Wholesaling

  • Key Selling Industries
  • Aluminum Manufacturing
  • Iron & Steel Manufacturing
  • Metal Stamping & Forging
  • Metalworking Machinery Manufacturing

  • Products & Services
  • New gas engines and parts
  • Other parts
  • Rebuilt gas engines and parts
  • Camshafts, crankshafts, pistons, piston rings and piston pins
  • Chart: Automobile Engine & Parts Manufacturing in California Industry Products and Services Segmentation

  • Major Markets
  • Aftermarket suppliers and engine rebuilds
  • Automotive OEMs
  • Chart: Major Market Segmentation for the Automobile Engine & Parts Manufacturing in California Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Automobile Engine & Parts Manufacturing in California

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Automobile Engine & Parts Manufacturing in California Industry

  • Daimler AGAgility Fuel SolutionsMJM EnginesWayne's Engine Rebuilding Inc.
  • Table: Daimler AG - financial performance
  • Table: Agility Fuel Solutions - financial performance
  • Table: MJM Engines - financial performance
  • Table: Wayne's Engine Rebuilding Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Automobile Engine & Parts Manufacturing in California Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Automobile Engine & Parts Manufacturing in California Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • New car sales (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Big Three
  • Another name for the top US automobile manufacturers, which are General Motors (GM), Ford and Chrysler.
  • Corporate Average Fuel Economy (Cafe)
  • US regulations intended to improve the average fuel economy of cars and light trucks.
  • Electric Vehicle
  • A plug-in vehicle that eschews gasoline in favor of an electric battery.
  • Hybrid
  • Any automobile that uses multiple power sources to power the drive-train. They are typically a gas-electric hybrids.
  • Oem
  • Original Equipment Manufacturer. Companies that use components produced by other manufacturers to fashion their final products.
  • Powertrain
  • Collectively, the engine, transmission and axle of an automobile. It describes the chain of components that transfers energy from the engine to the axle.
  • Turbocharger
  • Component attached to an engine that uses excess energy to force air into the engine chamber to improve ignition efficiency.
  • Why buy this report?

    The Automobile Engine & Parts Manufacturing in California industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Automobile Engine & Parts Manufacturing in California:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Automobile Engine & Parts Manufacturing in California market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Automobile Engine & Parts Manufacturing in California, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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