Automobile Engine & Parts Manufacturing in the US
Technology sparks growth: Automobile engine manufacturers have had a harrowing five years. From 2005 to 2008, rising gasoline prices and environmental concerns cut into industry demand. The industry's woes grew darker with the onset of a severe recession in 2008 and 2009, forcing major industry players into bankruptcy restructuring. The industry's outlook from 2011 to 2016 is considerably brighter as technologies that reduce dependence on gasoline, from fuel-saving engine modifications to hybrid-electric drivetrains, will be introduced at a rapid rate.
Companies in this industry manufacture motor-vehicle gasoline engines and related parts including valves, pistons, crankshafts, camshafts, fuel injectors and pumps. Diesel engine manufacturing is excluded from this industry, but it can be found under NAICS 33361.
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.