Start your engines: Growth in new car sales has boosted demand for industry products from automobile assembly plants

Operators in the Auto Parts Manufacturing industry manufacture and rebuild a variety of motor vehicle parts and accessories. These parts include air bags, air conditioners, catalytic converters, exhaust systems, mufflers and resonators, radiators, radiator cores and wheels. Engines, tires, brakes, steering systems, interiors, suspensions, transmissions and automotive electronics are not included in the industry. Over the five years to 2018, the industry has grown in response to the rise in new car sales nationwide, which increased at an annualized rate of 2.4% during the five-year period. Growth in new car sales has boosted demand for industry products from automobile assembly plants in Georgia and in neighboring states...purchase to read more.

Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 13-18
1.9%
Forecast Growth 18-23
Profit
Employment
5,022
Businesses
40

Industry Threats & Opportunities

  • The industry has also benefited from increased consumer spending in Georgia, which has boosted local demand for automobiles
  • Industry Report - Industry Investment Chapter

    ***This section is not used for US State reports***...purchase to read more.

    Additional Insights for the Auto Parts Manufacturing in Georgia Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Auto Parts Manufacturing in Georgia Industry are

  • Access to the latest available and most efficient technology and techniques
  • Effective cost controls
  • Undertaking technical research and development
  • IBISWorld analysts also discuss how external factors such as New car sales and Consumer spending in Georgia in the Auto Parts Manufacturing in Georgia industry impact industry performance..

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    What's in this report

    What is the Auto Parts Manufacturing in Georgia Industry?

    Companies in this industry manufacture and rebuild a variety of motor vehicle parts and accessories. These parts include air bags, air conditioners, catalytic converters, exhaust systems, mufflers and resonators, radiators, radiator cores and wheels. Engines, tires, brakes, steering systems, interiors, suspensions, transmissions and automotive electronics are not counted in the industry.

    Industry Products
  • HVAC systems
  • Exhaust systems
  • New wheels
  • Other auto parts
  • Industry Activities
  • Manufacturing air bag assemblies
  • Manufacturing motor vehicle air conditioners
  • Manufacturing catalytic converters and engine exhaust
  • Manufacturing mufflers and resonators
  • Manufacturing radiators and cores
  • Manufacturing wheels (rims)
  • 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
  • Consumer spending in Georgia
  • Price of steel
  • Oil and natural gas price index

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Auto Parts Manufacturing in Georgia 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
  • Inorganic Chemical Manufacturing
  • Iron & Steel Manufacturing
  • Paint Manufacturing
  • Screw, Nut & Bolt Manufacturing
  • Textile Mills

  • Products & Services
  • HVAC systems
  • Other auto parts
  • New wheels
  • Exhaust systems
  • Chart: Auto Parts Manufacturing in Georgia Industry Products and Services Segmentation

  • Major Markets
  • Toyota
  • Honda
  • Nissan
  • Other manufacturers
  • Hyundai-Kia
  • FCA
  • Aftermarket
  • Chart: Major Market Segmentation for the Auto Parts Manufacturing in Georgia Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Auto Parts Manufacturing in Georgia

  • Basis of Competition
    Barriers to Entry
    Robert Bosch GmbH, DENSO Corporation, MAHLE International GmbH, Tenneco Inc.,
  • Table: Robert Bosch GmbH - financial performance
  • Table: DENSO Corporation - financial performance
  • Table: MAHLE International GmbH - financial performance
  • Table: Tenneco Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Auto Parts Manufacturing in Georgia 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 Auto Parts Manufacturing in Georgia Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • New Car Sales (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Big Three
  • Another name for the top US automotive companies, which are General Motors, Ford and Chrysler.
  • Original Equipment Manufacturer (Oem)
  • A company that manufactures products or components that are purchased by a company and retailed under the purchasing company's brand name.
  • Scrappage Rates
  • The rate at which used vehicles are retired from active use.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Auto Parts Manufacturing in Georgia can be used to help you understand the industry’s market size, growth potential and major companies. Five-year forecasts provide insight into the industry’s prospects, so you can make decisions with confidence. This information is perfectly suited to informing your business plans, pitch books, benchmarking and SWOT analysis.

    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 Auto Parts Manufacturing in Georgia:
    • 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 Auto Parts Manufacturing in Georgia 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 Auto Parts Manufacturing in Georgia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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