Cruise control: As average mileage increases, industry demand will grow

Increasing new parts sales have been reducing used parts sales in recent years, but the immediate future looks brighter for the Used Car Parts Wholesaling industry. As the economy picks up over the current five-year period, consumers will have more disposable income to either purchase used parts or new vehicles. New vehicles sales will serve as both a boon and a setback for industry operators, as the pool of potential repairs will grow, but new car owners may seek replacement parts from other industries. Over the next five years, the average fleet age of US vehicles will increase, potentially benefiting the industry...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22
Market Share of Companies

Industry Threats & Opportunities

  • Consumers will slightly increase their purchases of used auto parts as disposable income grows
  • A larger and older US vehicle fleet has created a greater overall need for vehicle repairs
  • Demand from vintage car collectors is expected to grow due to increased disposable income
  • Industry Report - Industry Key Buyers Chapter

    The Used Car Parts Wholesaling industry has a low level of market share concentration. The industry's two largest players, Schnitzer Steel and LKQ, operate across the country and together are estimated to control 15.9% of the market. However, the rest of the industry is primarily composed of very small auto recycling yards that serve local or regional markets. The majority of industry operators cater to local parts demand, source cars from local donors and local wrecks, sell to local customers and invest heavily in maintaining those relationships. In an effort to expand market share, some recycling yards maintain websites that allow users anywhere to search for available parts. How...purchase to read more.

    Additional Insights for the Used Car Parts Wholesaling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Used Car Parts Wholesaling Industry are

  • Having good automotive and engineering knowledge
  • Having links with suppliers
  • Ability to control stock on hand
  • IBISWorld analysts also discuss how external factors such as Total vehicle miles and Average age of vehicle fleet in the Used Car Parts Wholesaling industry impact industry performance..

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    What's in this report

    What is the Used Car Parts Wholesaling Industry?

    Companies in this industry wholesale used auto parts. Industry operators also dismantle vehicles for the purpose of selling used auto parts to individuals, car mechanics and other individuals. This industry excludes companies primarily engaged in selling scrap metal, tires and tubes as well as companies engaged in the refurbishing, rebuilding or remanufacturing of car parts.

    Industry Products
  • General auto recycling
  • Specialized motor vehicle dismantling and parts sales
  • Industry Activities
  • used motor vehicle starters, alternators, engines, transmissions and other used parts
  • Dismantling of vehicles for the purpose of selling used parts
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Total vehicle miles
  • Average age of vehicle fleet
  • External competition for the Used Car Parts Wholesaling industry
  • New car sales
  • Number of motor vehicle registrations
  • Per capita disposable income

  • Current Performance
  • Positive income effects
  • Negative income effects
  • Car usage effects
  • Industry profit and enterprises
  • Chart: Revenue Growth

  • Industry Outlook
  • Factors expected to increase demand
  • Factors expected to decrease demand
  • Stable profit margins
  • Table: Used Car Parts Wholesaling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Used Car Parts Wholesaling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Auto Parts Manufacturing
  • Used Car Dealers
  • Auto Parts Stores
  • Auto Mechanics
  • Consumers

  • Key Selling Industries
  • Chemical Product Manufacturing
  • Insurance Brokers & Agencies
  • Power Tools & Other General Purpose Machinery Manufacturing

  • Products & Services
  • General auto recycling
  • Specialized motor vehicle dismantling and parts sales
  • Chart: Used Car Parts Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Automotive mechanics and repair shops
  • General auto parts wholesalers
  • Auto parts rebuilders and remanufacturers
  • Other
  • Do-it-yourself customers
  • Auto parts retailers
  • Chart: Major Market Segmentation for the Used Car Parts Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Used Car Parts Wholesaling

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Used Car Parts Wholesaling Industry

  • Industry Globalization
    LKQ Corporation Inc.,
  • Table: LKQ Corporation Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Used Car Parts Wholesaling 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 Used Car Parts Wholesaling Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Registered Motor Vehicles (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
  • The secondary market for automobiles, concerned with the repair and maintenance of vehicles after they have already been sold.
  • Auto Recyclers
  • Formerly called wrecking yards, auto recyclers receive inoperable cars, drain hazardous fluids, harvest and sell usable parts and scrap or store car bodies.
  • Do-It-Yourself Customers
  • A segment of consumers who purchase parts for self-repair or self-installation.
  • Original Equipment Manufacturers
  • Abbreviated as OEMs, these are companies that manufacture car parts installed in new vehicles. OEM parts also refers to replacement parts made by the company that originally manufactured the vehicle.
  • Rebuilt Part
  • A failed auto part that has had its broken components replaced. Not as extensive a process as auto part remanufacturing.
  • Remanufactured Part
  • A remanufactured part is a failed auto part that has been disassembled into subcomponents, cleaned, inspected, tested, combined with new subcomponents and reassembled into a new part.
  • What Our Customers Say

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    This report on Used Car Parts Wholesaling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
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    • 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 Used Car Parts Wholesaling 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

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