DUBLIN — Research and Markets http://www.researchandmarkets.com/research/rlwdtp/automotive_parts has announced the addition of the “United States Automotive Parts Aftermarket Market Report, 2018” report to their offering.The Automotive Parts aftermarket in the US is a highly fragmented market.Players in the market include independent companies, OEM-owned dealers, and manufacturer-authorized dealers. The market is also continuing to use the consolidation strategy as a means of increasing competitiveness. Also, the aim to become a desirable supplier has led to the major producers acquiring smaller companies in the market. In addition, falling prices and reduced profit margins have increased market consolidation, which will make it very difficult for small players to stay competitive in the market.The main factor that is driving the Automotive Parts aftermarket in the US is the low costs associated with these components. The aftermarket parts are relatively cheaper than OE parts, and are, hence, beneficial for end-users. The prices may vary from store to store, and the end-user can check for the best possible price without compromising on product quality. Hence, the affordable nature of aftermarket parts is a major factor which is leading to people opting for these components.Further, the report states that the main challenge faced by the market is the increasing vulnerability of the US Automotive Parts industry. The US Automotive Parts industry is one of the main industries that support domestic employment, and its vulnerability is proving to be a challenge to the market.The key vendors dominating this market space are:Bridgestone Corp.Compagnie Generale des Etablssements Michelin SCAContinental AGCooper Tire and Rubber co.Magna International Inc.The Goodyear Tire and Rubber Co.Key Topics Covered:01. Executive Summary02. List of Abbreviations03. Scope of the Report04. Market Research Methodology05. Introduction06. Market Landscape07. Market Segment by Product08. Buying Criteria09. Market Growth Drivers10. Drivers and their Impact11. Market Challenges12. Impact of Drivers and Challenges13. Market Trends14. Trends and their Impact15. Vendor Landscape16. Key Vendor AnalysisFor more information visit http://www.researchandmarkets.com/research/rlwdtp/automotive_parts
