Abstract
The flourishing automotive specialty industry, with a market size of $31
billion in the US, is an attractive investment for many automakers and
independent dealers. Out of nearly 6,000 US specialty-parts firms, a handful
of automakers have shown their business interest by entering into
collaboration with some of them. This has gradually pushed the automotive
appearance products into the mainstream market.
Though the industry bears a promising potential, yet it was observed that the
growth recorded in the financial year 2002-2003 was badly shaken in the
following financial year 2003-2004 and 2004-2005. This negative effect was on
account of the high cost of vehicles, inadequate propaganda, a large number of
alternative products flooding the market, and security concerns hovering over
the Americans. The financial year 2004-05 saw only a growth of 7.7 percent in
a market of $28.9 billion. Out of this, the major contribution was of
appearance accessories (25 percent), followed by equipment for racing and
sporting accessories (17.6 percent), and handling equipment products and
services (3.5 percent).
The market research report titled "U.S. Automotive Specialty Equipment Market
(2010): Regaling to Dark Ages" by RNCOS is a guiding tool for the investors in
this industry in preparing contingency plans and accessing the risks involved.
REPORT HIGHLIGHTS
The market size, market segments, region, and purchase profiles of the overall
US automotive specialty equipment industry. The retailing scenario of the
automotive specialty equipment industry (market size and product group
contribution). The stimulators and inhibitors of the market. Demographics of
the US automotive specialty equipment consumers. Factors influencing the
purchase of specialty equipment with regards to the area and brand preference.
Snapshot of performance chemicals-products used for the maintenance of the
vehicle and its parts. Profiles of major players in the US automotive
specialty equipment industry.
REPORT FEATURES
The report analyzes US Automotive Specialty Equipment market. Chapter 2
provides with an overview of US automotive specialty equipment market and
Chapter 3 discusses US automotive specialty equipment market segments. Chapter
4 covers US automotive specialty equipment consumer profile whereas Chapter 5
provides with market niches at manufacturer level. US automotive specialty
equipment product trends and retail channels are discussed under Chapter 6 &
7. Finally, Chapter 8 analyzes the major company profiles.
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