Auto Parts Wholesaling in New York - Industry Market Research Report

Auto Parts Wholesaling in New York - Industry Market Research Report

  • October 2017 •
  • 28 pages •
  • Report ID: 5470191
Driving force: The industry will steadily grow as demand from car manufacturing improves

Abstract

Auto Parts Wholesaling in New York
Revenue for the Auto Parts Wholesaling industry in New York trended higher over the five years to 2017 than it did in years past. The automotive sector has gradually improved as consumers have increased demand for new vehicles as well as auto replacement parts and repair, which has benefited industry wholesalers and supported revenue growth. This growth was further supported by rising levels of disposable income. Demand from auto service providers and auto part retailers is expected to be the biggest driver for sustained industry growth moving forward. Over the next five years, as vehicles age and their components depreciate, replacement parts are expected to become more important, As a result IBISWorld expects industry revenue will continue growing over the five years to 2022.

This industry comprises operators that sell automotive parts wholesale to automobile manufacturers, automotive parts retailers and auto service providers. Sales of new tires and tubes are not included.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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