Understand the opportunities for retrofitting vehicles with Advanced Driver Assist Systems (ADAS) and Connected Vehicle Technology (CVT) products. www.sema.org/AVT-Opportunities
Get a picture of how owners of TJ and JK Jeep Wranglers modify their vehicles, and how you can connect with them to be more successful with your products. www.sema.org/SEMA-Wrangler-Report
Read for a detailed overview of the specialty-equipment market, including market sizing, consumer profiling, and relevant economic trends. www.sema.org/2017-Market-Report
The monthly SEMA Industry Indicators Report provides a high-level snapshot of the overall U.S. economy and specialty equipment market to help keep you up-to-date on key trends that can affect your business. These reports will also showcase insights from recent SEMA Market Research reports, or selected topics relevant to our industry.
"Magnaflow uses SEMA Market Research reports to determine which market segments will provide them with the greatest sales opportunities for their existing products and new products in development." - Robert Wityczak, Magnaflow
SEMA’s Market Research team provides information and insight to help our members (and specialty auto aftermarket in general) make better business decisions. Our focus is on developing primary research reports on our industry and consumers, but we are always happy to answer your questions about the industry!
One of the most effective ways to market automotive specialty equipment is to obtain coverage in enthusiast media—magazines, websites and broadcast programs. Even the publicationof a simple press release provides instant credibilitywith enthusiasts. But getting noticed in the morass of presspackets, stories and brochures received on a daily basis by writers, editorsand producers can be a frustrating and complicated task. All the more sowhen the publication services a different country.
This memo provides general guidelines on how to utilize government
online resources, supplemented with available governmental and
non‐governmental resources to determine the tariff rates to import
products from overseas markets into the US. This memo is intended as a
general guide and all information should be confirmed with the
This memo provides information on how to utilize government online
resources, supplemented with available governmental and
non‐governmental resources to determine the tariff rates to export your
products to overseas markets.
This report examines market trends in Ukraine for commercial vehicles, such as vans, trucks, and pickups. i.e. vehicles with gasoline or diesel engines generally used for transportation of passengers or goods. The Ukrainian market of an estimated 20,000 commercial vehicles imported annually is worth an estimated $ 200 million.
Automobiles manufactured in the United States generally need some adaptation to meet the requirements of UK regulations relating to the design and construction of vehicles intended for use on British roads.
The U.K. market, the fourth largest in Western Europe, is also one of the easiest markets in Western Europe for SEMA-member companies to gain a foothold. The lack of language barriers and the relatively regulation-free environment
regarding vehicle customization form a basis for exploring the market. These two factors, coupled with a sizable and growing
portion of British consumers who seek to personalize their vehicles, make the U.K. market attractive for specialty equipment
The Slovak Market for Electronic Battery Testing Systems is small compared to other neighboring countries. Slovakia has approximately 2,500 Auto Services, 500 small independent entrepreneurs and approximately 500 – 2000 home users
of Electronic Battery Testing Systems. The total market for Electronic Battery Testing Systems is approximately 900 – 1100 pieces per year.
The Lebanese 1.7 million vehicles market experiences a steady increase of 2 to 3 % per year, resulting in an average total spares and equipment imports of $ 30 million per year.
The lubricant industry in Indonesia has experienced tremendous growth for the last four years following the investment liberalization policy of 2001. Many foreign companies set up blending and manufacturing facilities in order to effectively supply the growing demand for lubricants from the industrial and transportation sectors. In addition to locally produced lubricants, imported synthetic lubricants are also widely available in Indonesia. Companies with an import license are allowed to import synthetic lubricants with only a 5 percent import duty.
According to the Hungarian Petroleum Association, the total market for automotive oil and lubricants in Hungary was around 52.2 million tons in 2004, representing close to a 4 percent rise over 2003. The estimate for 2005 is 53 million tons. Engine oils and gear and hydraulic oils make up the vast proportion of the market, but high growth has been seen in process, metalworking and highly refined oils as well, which serve a growing manufacturing base.
The Egyptian 3.2 million vehicles market is experiencing a steady increase of an average 150,000 units per year, resulting in an average total spares and equipment imports of $ 150 million per year. The U.S. products did not witness a major change in the Egyptian market share at 6-8 % over the last three years.
The five CAFTA countries (El Salvador, Guatemala, Costa Rica, Nicaragua, and Honduras) have a large number of used vehicles on the roads every day because import taxes on new cars often make such purchases prohibitive. Consumers
therefore generally buy used models.
Young and inexperienced drivers are among Queensland’s most at-risk road user group and are at least two and a half times more likely to die as a result of a road crash than any other motorists.
For purposes of this report, diagnostic testing equipment includes on-board diagnostics (OBD), emissions testing, battery testing, and engine performance testing. The reader should be aware that there are no statistics available on the size of the market, or of its growth. All the information contained in this report was put together from conversations with industry contacts.
Argentina is a member of the Paris Convention for the Protection of Industrial Property, first adopted in 1883. This convention is the major international agreement providing basic rights for protection of patents, industrial designs, service marks, and trade names. The U.S. ratified this treaty in May of 1887.
This report describes the Venezuelan replaceable automotive parts market and opportunities for U.S. exporters. Venezuela has over two million cars, trucks and buses and is the fourth largest assembler of automobiles in Latin America. The estimated average age of motor vehicles in circulation is above 10 years, which makes Venezuela an excellent market for spare parts for older cars. In addition, new vehicle sales increased by over 40% the first seven months of 2006.
Argentina has a well-established domestic automotive industry that was started in the mid 1950’s through the importation of used plants and machine tools from the U.S. At present, nine OEMs are active in Argentina, producing automobiles and trucks of European design. In 1991, Argentina and Brazil signed the “Automotive Industry Cooperation Agreement” which allows for the integration of production but limits imports of automobiles and parts from third countries.
The Diesel-engine vehicle market in Turkey is booming, due to increasing fuel prices. The rapid increase of the fuel prices in Turkey has changed the buying habits of Turkish automobile owners. In fact, Turkish customers are paying the highest gas prices in all of Europe. On every liter of fuel, almost 56% paid is tax. The current price of fuel per liter is $2.35.
The 2006 Turkish market was $500 million for purchasing automotive chemicals, lubricants, greases, fuel additives and general car care products. U.S. producers only accounted for 4.5% of the import market, or approximately USD 3 million. The rest of the import market is shared among the following countries: Belgium: 40.1%, Germany: 32.9%, Italy: 7.8%, Netherlands: 6.9%, U.K.: 6.3%, and the rest by France, Switzerland, and Spain. Domestically manufactured and refined petroleum products meet more than 85% of the market.
The overall Swiss market demand for automotive parts, aftermarket products, accessories as well as specialty equipment was valued in 2006 at USD 949 million and is forecast to grow 3-4% over the next two years. In the past few years, U.S. exporters have garnered a small market share, registering USD 45 million in 2006 or 4.8%. Germany, which traditionally has had a strong stronghold in the market, captured the lion’s share with a total exceeding 47% of the market, followed by France with 14% and Japan with 12%.
This is the latest edition of the CS St. Petersburg Russian Automotive Industry Newsletter. This report contains information on recent developments in the imported and domestic car markets and U.S. Commercial Service programs can assist U.S. exporters wishing to enter this promising market.
With Romania’s accession to the European Union, new opportunities have opened up for foreign investors. Being the second largest market in CEE and the seventh in the EU, Romania has an open market economy, low levels of economic and political risk, and an inexpensive and qualified labor force engaged in the automotive industry. Evidence of the market opportunities was demonstrated by 2006 being the 6th year in a row of increased motor vehicle sales.
This report presents an introduction to the market for automotive styling and tuning in Poland. Poland has a population of approximately 39 million people. Typically, Poles buy much smaller cars than Americans and tend to keep them longer. Diesel fuel engines are more popular in Poland and unlike in the U.S., cars are almost exclusively equipped with manual gearboxes.
The annual estimated market in Northwest Mexico for Automotive Parts and Accessories is almost $2.93 billion and growing at a 10 percent annual rate. This market is fueled mainly by the duty free import of used vehicles from the United States to the border region, which includes a 25-mile line along the Mexican border. Vehicles imported under this regime must be at least five years old. At least 1,200 used vehicles are permanently imported daily to the Mexican border cities of Tijuana, Mexicali and Nogales, generating an important market for automotive parts.
Automotive accessories are considered all of those parts that are sold to enhance the appearance of the vehicle, to increase performance, to replace original parts with up-graded luxury items such as seat covers, door and window handles, chrome plated exhaust pipes, larger sized wheels and tires, etc. for cars, pick-ups, and trucks.
Japan, which accounts for an estimated ten percent of the world’s total of approximately 700 million motor vehicles currently in use, is second only to the United States in terms of the number of motor vehicles on the road. Of the 75.7 million registered motor vehicles in Japan, 57.1 million are passenger cars, 16.7 million are trucks, and 230,000 are buses. Other specialized vehicles represent 1.6 million units. Accurate statistics for the Japanese auto parts and accessories aftermarket are not readily available.
Car tuning is an exciting subject and does well when the economy does well. The majority of Greek tuning fans cannot afford large engine cars like found in the U.S.A., however U.S. may find some good opportunities. Automechanika in Frankfurt and Equip Auto in Paris are trade shows where Greek tuning product importers seek new products. U.S. firms participating in these shows stand good chances of being visited by Greek businessmen.
Sales revenues in the German automotive supply industry continued to grow in 2005, rising by 4% to US- $ 90 billion. This was mainly due to overseas business, which increased substantially, and to the continuing trend towards vehicles with higher specifications. In 2005, sales revenues from foreign business increased by 6 % to US-$ 38 billion, while sales by domestic firms reported a 3% increase to US-$ 51 billion. Overseas business continued to be the main stimulus for German manufacturers, with exports accounting for around 43% of total sales, a new record figure.
China has become the second largest auto consumption market in the world in 2006, with China automobile sales volume reaching seven million1 units. China’s auto industry experienced steady growth in the past year and the import volume accounted for 3% of the total China market.2 According to 2006 customs statistics, from January to October, China imported 181,000 autos, an increase of 41% over the same period in 2005.
This report outlines the market for parts and accessories for motor vehicles classified under HS Code 8708. It encompasses both OEM and aftermarket parts. The Australian Federal Chamber of Automotive Industries identified that for the fiscal year 2006-07 the automotive market reached a record 1,004,097 new cars sold. This is the first time that vehicle sales have been exceeded 1 million in 12-month period in Australia. This is significant as demand for auto parts and accessories is linked closely to the sale of new motor vehicles.
Some automakers are transferring investments from Brazil to Argentina to benefit from lower production costs and the rapidly growing domestic market. This is exactly the opposite situation of what happened ten years ago, when the local currency was pegged to the dollar and investments were directed to Brazil.
This report notifies U.S. manufacturers and exporters of motor vehicle radiator caps about changes in the regulations governing this product. On December 29, 2005 the Ministry of Light Industry and Commerce issued Resolution No. 0125 published in the Official Gazette No 38,361 of January 19, 2006.
Automotive manufacturing in the UK generates $98 billion in annual revenue, nearly 5% of GNP, and supports more than 200,000 jobs. Vehicle servicing, parts, maintenance, marketing and distribution together employ an additional 500,000 workers; parts and services has annual revenue of almost $26 billion. The regional center of the automotive industry is the West Midlands where 30% of the industry is based. The UK boasts the world's most successful motorsport industry and a range of smaller producers serve specialty markets such as sports cars, luxury cars, and London taxis.
Few experts would have predicted a growing market for SUVs in Turkey. With dense urban populations and narrow streets, limited parking availability, exceptionally high gasoline prices, combined with an erratic economy. However, with an improved economy and changes in the daily Turkish life-style, the demand for larger and multifunctional vehicles, including SUVs has increased. Previously, only a very limited number of such vehicles were found on Turkish roads. The share of SUV sales in the total Turkish vehicle market used to be around 3%-4% a year.
Very few people would predict a fast growing automotive accessories and specialty equipment market in Turkey, looking at the economic indications, and especially the very low per capita income of the citizens. Plus, Turkey has very strict rules on automobile codes: Legally, one cannot make any modifications on autos. However, Turkey has a very young population: Of the total 70 million people living in Turkey, nearly 50 percent is below the age of 20.
Spain car sales are expected to achieve a new record with volume projected to reach more than 1.6 million units in 2005. The record follows a 9% sales increase that resulted in an unprecedented 1.5 million new passenger vehicle sales in 2004. Small-size cars are the most popular choice of Spanish consumers, although light truck sales are growing rapidly and represented 18% of the total in 2004. Spain is the fifth-largest car market in Europe, trailing Germany, France, the UK and Italy. Spain is among the top five markets for the specialty industry and is therefore very important.
As the ASEAN region’s largest vehicle market and export assembly center, Thailand is of strategic importance to U.S automotive exporters. U.S. export opportunities exist in Thailand’s growing domestic market and export countries worldwide.
The market for automotive styling and tuning products in Sweden is experiencing very strong growth, especially over the last four or five years with an estimated annual increase of about 20 percent. Many Swedes consider the U.S. to be a leading country when it comes to customizing their cars. The Swedish trend is said to follow the American market with one or two years’ delay. U.S. products have a good reputation and are considered to be of high quality.
The total market for automotive parts and accessories (HS 87.08) into Sweden was worth US$ 9.8 billion in 2005. Generally, Sweden offers a good market for high-quality and technically sophisticated automotive equipment. The best sales prospects exist for products within the safety and environment and the related telematics sectors. Swedes are very safety conscious and the automotive manufacturers are known to follow high safety standards. In the aftermarket, a large part of the sales are collision parts, body panels, car glass and headlights.
With car sales recovering from the slump caused by the IT-recession, imports are on the advance, and U.S. made cars are once again picking up the pace. The MPVs Chrysler Voyager and Chevrolet Transport, together representing over half of the registrations of U.S. cars in 2005, are unthreatened as the dominating forces generating demand for American cars, but rising stars such as the Chrysler Sebring, the Jeep Wrangler, as well as the aggregated Cadillac models, are all having strong growth rates. 2005 was a strong year for car sales in Sweden and 2006 seems promising as well.
The number of cars and trucks in Russia has grown tremendously over the last ten years and this trend continues today. However, the share of older vehicles in Russia is much higher than that in Western countries; and, as a result, those vehicles require extensive maintenance.
This is the latest edition of the CS St. Petersburg Russian Automotive Industry Newsletter. This report contains information on developments in the imported and domestic car markets, trade events, and U.S. Commercial Service programs that can assist U.S. exporters wishing to enter this promising market. U.S. exporters should be aware of the U.S. Pavilion at the Moscow International Motor Show, Russia's largest automotive industry trade event (see end of report for details), to take place August 30 - September 3, 2006.
An increasing number of foreign companies are making the strategic decision to manufacture auto parts for Romanian cars. This reflects the latest trend in the automotive industry whose growth has shifted from mature markets to emerging markets. Original equipment manufacturers (OEMs) and suppliers are increasingly shifting production to Eastern Europe.
This report presents an introduction to the market for automotive parts and accessory products in Poland. Poland has a population of approximately 39 million people. Generally, Poles buy much smaller cars than most Americans and they tend to also keep them longer. Diesel fuel engines are more popular to a greater degree in Poland and unlike in the U.S., cars are almost exclusively equipped with manual gearboxes. Poland has also attracted a number of significant foreign investors including automotive parts producers like: Delphi, Dana, Gates, Suzuki, TRW, Lear,Visteon and others.
The market of automotive accessories and specialty equipment can best be described as stable and fragmented; the overall market size has been steady, and distribution channels consist of small independent regional importers for the most part.
The Dutch market for accessories and specialty equipment holds many opportunities for U.S. suppliers. The Netherlands ranks sixth largest market for passenger vehicles in Europe, it is largely dependent on imports and it is very receptive to U.S. products.
Mexico is currently eleventh in the world in automotive production and by 2011 will rank fifth, competing with stronger economies such as India, United States, China and Slovakia. In a report, PricewaterhouseCoopers affirms that this competition must have a sustained growth by the U.S. companies in the sector, and that they must use with better efficiency, the supplies, trade agreements, geography and customs benefits provided by Mexican government.
Malaysia is ASEAN’s largest motor vehicle market with more than 500,000 vehicles sold annually, and 90% of that manufactured or assembled domestically. Malaysia is the only country in Southeast Asia producing its own cars. Its policy of protecting the national carmakers – Proton and Perodua – drove many foreign car manufacturers to Thailand, which adopted an open-door policy.
Korea is the number six car maker in the world, and its automotive aftermarket is estimated at $2.2 billion. As more import passenger cars enter Korea, and Korean consumers gain more appetites for high quality auto parts and accessories, the import automotive aftermarket is forecast to grow steadily. If the on-going Free Trade Agreement (FTA) negotiations between the U.S. and Korea conclude successfully, it will have a significantly favorable impact for U.S. auto aftermarket suppliers, as it will lift the eight percent duty Korea currently levies on automotive parts imports. However, U.S.
Japan is the second only to the United States in terms of the number of motor vehicles on the road and accounts for an estimated ten percent of the world total of approximately 700 million units. Of the 74.65 million registered motor vehicles in Japan, 55.99 million are passenger cars, 16.78 million are trucks, and 0.23 million are buses. Other specialized vehicles represent 1.65 million units.
With annual automotive production of 10,799,659 motor vehicles in 2005, Japan is the world's second largest automobile producing country after the United States. Japan's total domestic auto-related output, including automobiles, auto bodies, parts and accessories, was estimated to be worth more than 45.8 trillion yen in 2004 ($416 billion at 110 yen/dollar), the most recent full year for which data is available. This represents more than 16.1 percent of Japan's total annual manufacturing output.
The market for automobiles in Hungary has been robust since the mid-1990s, helped by the rise of personal disposal income and the easing of available credit. Although new car sales have stagnated recently, due to an influx of used cars from Western Europe, following the elimination of import tariffs when Hungary joined the EU in 2004, the trends still augur well. In 2004, Hungary had about 281 cars per 1,000 people, versus 362 cars per 1,000 people in Greece, which has the lowest per-capita car ownership in the EU-15.
The overall car fleet in Hungary consists of 2.8 million automobiles representing over forty brands. While the overall automotive parts market was valued at USD 1.2 billion, the market for performance and tuning products in Hungary was assessed to be around USD 20 million in 2004, with a growth rate of 2-3 percent per annum. The most popular products in this sector are aluminum wheel rims, chrome-styling, high performance exhaust systems, hi-fi entertainment systems, dashboard computers, sport air filters, chip tuning as well as neon lighting products.
Although the German tire market experienced significant positive growth from 2004 to 2005, this growth was unevenly distributed across sub-sectors. The greatest sales growth took place in the replacement tire market for winter tires, which for the first time outsold summer tires in 2005 due to public debates about the implementation of a winter tire requirement and because of heightened interest in road safety.
Germany is the third largest manufacturer of passenger cars and commercial vehicles in the world, behind only the United States and Japan. Nearly one in ten vehicles produced worldwide originates in Germany. In 2005, the German automotive industry exported goods worth EUR 156 billion, with over EUR 19 billion in exports to the United States, its most important trading partner. Amounting to 19.1% of all German exports, automobiles and automotive parts are Germany’s most important export goods.
October 11 through 15, 2006 in Cologne, Germany, is the world’s largest trade fair for motorcycles and scooters. This fair is the industry’s meeting place and a perfect platform for your product! The product range being represented extends from motorized vehicles through components and accessories to clothing and other gear for motorcyclists.
The French motorcycle market has shown significant growth potential over the past few years. While light motorcycles (<125cc), especially scooters, remain the most popular models, motorcycles with higher horsepower have also been popular. The market as a whole improved in 2005.
The tuning market in France is fragmented, characterized by a large number of importers and a complex distribution network. In the context of a relatively strict regulatory environment, the world of tuning has had to adapt in order to fulfill consumer preferences while respecting increasingly severe legal requirements. Most industry specialists agree that the market is far too unpredictable to accurately assess all future trends. This is in part due to the fact that the market is so dependant upon consumer preferences, which can change significantly from year to year.
Total exports and imports of the category “Other parts and accessories for motor vehicles” in 2005 were $2,175 billion and $1,307 billion respectively. Total exports overcame imports for 66% that means that a very significant part of imported auto parts / specialty equipment are re-exported. While import from the States to the Czech Republic in this category represented $17.4 million, export reached $12.4 million. The balance is positive for $5 million.
2005 was a record year for motorcycle sales in Colombia. 270,000 motorcycles were sold throughout the country. This activity can be attributed to an increase in fuel prices, vehicle reduction programs during peek traffic times in main cities, and traffic jams. Also, due to Colombia’s currency revaluation during 2005, motorcycle imports increased, which helped to increase the local demand for those imported products. Additionally, local banks are offering loans with low interest rates, which favor the
buying decisions for new imported motorcycles.
China’s vehicle exports are expected to outpace imports again in 2006 despite the higher excise tax that fueled explosive growth in car imports during the first quarter. In terms of volume, exports will continue to surpass imports in 2006 as
more Chinese automakers eye selling low-priced cars to the huge overseas market.
China is set to become the world’s second largest new automobile growth market by the end of 2006 and this growth is spurring demand for U.S. automotive parts, services, and aftercare products. The East China region in particular has tremendous opportunities as new car drivers become more sophisticated and demand better vehicle quality and better repair and maintenance service. U.S. exporters should be aware that while industry revenue is increasing, profit margins are slowly falling to international averages. Infringement of intellectual property remains a very serious issue.
The following is a list of the vehicle emission regulation standards for 2006. Vehicles are divided into three categories according to their gross weight. Emission regulations also vary by region in Chile. (Chile is divided into 12 regions plus the Metropolitan Region, which represents Santiago, the nation’s capital.)
Linamar Corporation (Canada’s second-biggest auto parts manufacturer after Magna International) announced a partnership with the Ontario government on May 12th aimed at expanding the company’s manufacturing facilities. Under the
plan, Linamar will invest $1.1 billion over the next five years and is expected to create over 3,000 well-paying and highly skilled jobs during that time. The announcement is the latest from a series of auto manufacturers and parts suppliers that has seen over $6 billion invested in southern Ontario over the last two years.
Ontario has won another automotive investment with interior parts giant Toyota Boshoku Corporation’s announcement on July 11, 2006 that it plans to build a plant in Woodstock, Ontario. The C$65-million plant will create an estimated 330 full-time jobs and will supply seats, door trim and carpets for Toyota Motor Manufacturing Canada Inc, which is in the midst of building a C$1.1 billion assembly plant in Woodstock. Both companies are part of parent company Toyota Motor Corp. based in Tokyo, Japan.
Bulgaria has no domestic production of passenger cars and since 1990. Bulgaria's automotive fleet is still dominated by second hand cars. High prices combined with decreasing discretionary income are shifting consumer demand from new autos to more affordable secondhand cars. The average age of the cars in Bulgaria is 15-18 years.
This report is a summary of a presentation delivered by executives of Booz Allen Hamilton and GM do Brazil in a Society of Mobility Engineers (SAE) event, held in September 2006. It should be of interest to U.S. automotive companies.
ZF Lemförder, a division of Grupo ZF do Brasil which produces vehicle chassis and suspension systems, plans to duplicate production capacity of its factory at Sorocaba.
The Belgian auto accessories market holds significant opportunities for American companies. While five million vehicles in Belgium represent a small market, relative to the US, it is open to American products. The most important consideration for American exporters to keep in mind in creating auto-related goods for the European market is that design must fit European specifications and style.
The automotive industry continued to be the largest and fastest growing manufacturing sector in Mexico during 2005 and 2006. In late 2005 and early 2006, Mexico emerged with positive and encouraging results in the North American automobile industry. Mexico is rapidly becoming a more important strategic partner for automakers who want a competitive edge to succeed in the North American auto industry. In 2001, Mexico was the ninth largest producer of automotive vehicles in the world, manufacturing 1.92 million units (including trucks and busses).
The following statistics are estimates by the author of this report, based on (incomplete) official figures, as well as information from trade organizations and local companies. All figures in US$ millions, Euro exchange rate used is 2005: $1 = EUR 0.804.
The data in this report encompass the wholesale and retail markets of new and used motorcycles, scooters, associated parts, accessories and service equipment. The motorcycle industry contributes around US$3.5 billion to Australia’s economy. Growth from 1999- 2003 in the motorcycle industry steadily declined, but, the past year has seen an increase in both industry revenue and gross product. In 2005, a total of 102,142 bikes were sold; the first time in thirty years that sales have exceeded 100,000. This is a 14.3% increase over 2004 when there were only 89,374 sales.
After experiencing a record 54 percent growth during 2004, the Argentine automotive industry grew by an impressive 23 percent in 2005. The increased output was mainly for export markets other than MERCOSUR. Export sales grew by 24 percent during the period and continue to be the driving force of the recovery. Additionally, sales in the domestic market have begun to recover and according to the Automotive Manufacturers’ Association (ADEFA) are expected to grow by ten percent during 2006.
UK automotive body repair shops buy tools, equipment, consumables and supplies worth approximately $160 million each year to support the 27 million passenger cars and 6 million trucks, vans and buses registered in Britain. Annual sales of capital equipment used for body repair rise in line with inflation, but show little evidence of real market growth. Electric and
This report is one of a series written by U.S. Commercial Service offices across Europe. It provides details of the automobile manufacturers in the UK, as well as a brief overview of the market structure.
The value for automotive parts, accessories and components alone is a multi-million dollar industry for the UAE alone. Strategically located between east and west, offering first class port facilities, excellent infrastructure and logistic services, liberal banking policies and experienced manpower has turned the UAE into the undisputed regional business hub serving the Middle East and North Africa region. An approximate 60% of total market import for the UAE is reexported to other countries in the region. Total value for the UAE and the wider regional markets would exceed $10 billion.
Turkey’s automobile production industry rebounded in 2004 and has set new records for number of vehicles produced, exports and auto sales. Turkey’s automotive industry produced 862,035 passenger and utility vehicles (a 53% percent increase from 2003), and exported 518,607 cars and trucks (a 44% increase from 2003 and representing about 60% percent of total production). Turkey is the sixth largest automobile manufacturer in the European Union (EU) following Germany, France,
Spain, U.K. and Italy and ranks as the world’s 18th largest automobile manufacturer.
Increased consumer demand in the 1990s and Turkey’s Customs Union agreement with the EU drove rapid growth of automotive production in Turkey. The growing local market and promising neighboring export markets (the CIS, Central and Eastern Europe and the Middle East), in addition to Turkey’s strategic proximity to the EU, cheap but qualified workforce and other productivity-related cost advantages attracted foreign direct investment to Turkey. Most international vehicle producers, presently, there are 19 vehicle producers in the Turkish market, have already started production in Turkey.
Australia, a country of 20 million people, is world famous for a citizenry whose love of cars and vehicle customization is on a par with that of the United States, and perhaps more so in some sectors. With more than 14 million vehicles and a population
a mere one-tenth the size of the U.S., Australia has one of the highest ownership of vehicles per capital in the world.
This market analysis describes the Dutch market for commercial vehicle and parts. Considering current fragile economic conditions, the commercial vehicle market is doing very well. The sales of second hand vehicles are surpassing those of new vehicles by great lengths and total sales in 2004 were 8.5 percent higher than the previous year. This translates into opportunities for suppliers of truck parts as ageing trucks require increased maintenance and repair. Trucks over 16 tons are the driving force behind this flourishing sales volume.
The overall Swiss market demand for automotive parts, equipment, aftermarket products as well as accessories was valued in 2004 at USD 1.095 billion and is forecast to expand between 3 and 5% in 2005. In the past few years, U.S. imports
have garnered a small market share, registering USD 42 million in 2004. Germany, which traditionally has had a strong stronghold in the market, captured the lion’s share with a total exceeding 47% of the market, followed by France with 15% and Japan with 10%.
The overall Swiss market demand for automotive parts, equipment, aftermarket products, accessories as well as specialty equipment was valued in 2004 at USD 1.095 billion and is forecast to grow 2-3% over next two years. In the past few years, U.S. imports have garnered a small market share, registering USD 42 million in 2004. Germany, which traditionally has had a strong stronghold in the market, captured the lion’s share with a total exceeding 47% of the market, followed by France with 15% and Japan with 10%.
South Africa is the only significant automotive manufacturing nation in Sub-Saharan region and accounts for about 80 percent of the sub-continents output, with still unexploited opportunities to develop, produce and market vehicles to African operating requirements. The South African automotive industry ranks 18th in the world as far as vehicle production is concerned. There are approximately 400 automotive component manufacturers, most seeking foreign partners for technology market access, process know-how, research & development and joint ventures.
Car component suppliers have been flocking to Slovakia in droves since PSA Peugeot Citroen and KIA announced their intention to open automotive manufacturing plants in Slovakia. These investments are equally as important and beneficial as the massive investments of the well-known car producers. The suppliers will support small- and medium-sized businesses and develop diversity in the manufacturing sector.
The Saudi automotive tire and inner tube market is the largest in the Near East. In 2004, Saudi tire distributors imported $445 million worth of automotive tires. Japanese manufacturers topped the list of suppliers at more than 41 percent share of the Saudi import market, while U.S. companies came in fourth place after South Korea and China. Saudi Arabia does not have a tire industry. Custom duty on imported tires is five percent and imported tires have to meet applicable standards set out by the Saudi Arabian Standards Organization (SASO).
Russia’s entire automotive market is growing at remarkable pace with imports of foreign makes steadily increasing. Significant recent reductions in duty rates on imported components have also increased the number of enterprises assembling foreign make trucks. Though inexpensive models are still the leading sellers, the rapid expansion of leasing mechanisms is helping Russian customers to purchase quality equipment. Domestic manufacturers dominate the market but their primary advantage remains low price, with quality still falling below modern standards.
Twenty-three million car owners in Russia consume a wide range of spare parts, accessories and car-care products. This number should grow by about 5-10% annually. Therefore, U.S. companies enjoy considerable opportunities to sell their parts, accessories and service equipment. The number of cars and trucks in Russia has grown tremendously over the last ten years and this trend continues today. However, the share of older vehicles in Russia is much higher than that in Western countries; and, as a result, those vehicles require extensive maintenance, spare parts and expendable supplies.
In Japan, there are “Safety Standards” to ensure the safety of vehicles and prevent environmental pollution. Vehicles that do not meet the “Safety Standards” set out under the Road Vehicles Act cannot be driven on public roads.
The market for automotive tires has grown significantly over the past several years. This trend will continue as the number of cars registered in Poland grows. Investments by some of the world’s major car manufacturers (Fiat, General Motors - Opel, Volkswagen) and soaring imports of used cars have significantly expanded the market for tires.
The market for automotive repair and maintenance equipment has grown significantly over the past several years. This trend will continue as the number of cars registered in Poland grows. Investments by some of the world’s major car manufacturers (Fiat, General Motors - Opel, Volkswagen) and soaring imports of used cars have significantly expanded the market for repair services. American repair equipment enjoys an excellent reputation for reliability and quality in Poland.
Nigeria is the largest market for used car parts in sub Saharan Africa and constitutes the biggest export market for the United States in the region. Over the years, declining per capita income has forced many Nigerians to opt for used cars and parts. By the end of 2004, imports of used parts totaled about 400 million USD and industry experts project a 50% increase over the next 2-3 years.
The growth of the auto parts market follows closely the trend of the automotive market: In Morocco, the fast annual growth of 6% of the automotive sales is attributed mainly to lower car prices as a result of the Morocco-EU trade agreement, as well as improved consumer access to financing.
In 2003, Korea manufactured 3.2 million units of automotive vehicles which accounted for 5.5% of the global automotive production volume, while ranked 6th largest following the U.S., Japan, Germany, China and France. The production volume is forecast to reach 3.4 million in 2004, up 7%, mostly stimulated by recovering domestic demand and aggressive export plan of Korean automotive OEMs.
Although in Jamaica, one drives on the left hand side of the road, the United States remains an important source of
automobile parts and accessories. Industry experts estimate that between 10 and 15 percent of Jamaican automobile parts
and accessories market is sourced from the U.S. Other important source countries for parts and accessories are
Taiwan, Panama, Canada and China. Although China seems to be a good source for low priced products, some importers
India’s automotive components industry manufactures almost the entire range of parts required by the domestic industry for various types of vehicles. The total domestic production of automotive components in FY 2004 was estimated at $7 billion. Of this, the organized sector accounted for 77% of the total value of production with the rest coming from the unorganized sector. There is a huge unorganized sector that typically caters to the demands from the replacement market.
The Hong Kong automotive parts and components market is small, US$ 410 million, which is about 2% of the Mainland China market. Hong Kong has no automotive manufacturing and thus all vehicles are imported. Automotive parts and components
The Piraeus Port Authority (PPA), has issued a tender for the supply of tires of various diameters. The tender is budgeted at 785,000 euros, not including VAT (value: approx. USD $1,000,000).
This report focuses on diesel parts and accessories for light vehicles in the French market, for the OEM market (Original Equipment Manufacturers), the OES market (Original Equipment Suppliers), and the IAM market (Independent Aftermarket). The main categories of diesel parts and accessories that will be discussed are: Common Rail injectors, Common Rail high-pressure pumps, unit injectors, injector systems, air mass meters, sensors, rails, nozzles, diesel filters, distributor injection pumps, glow plugs, and diesel additives.
France is the fourth largest automotive market in Europe after Germany, the UK and Italy. While we currently have no official figures for 2004, the light vehicle automotive parts market appears to have expanded due to an increase in the registration of passenger and commercial vehicles: 2,422,159 in 2004, versus 2,009,246 in 2003. This was a welcome change over the previous year as the strong euro/weak dollar exchange rate let to decreased parts sales--down to $26.5 billion--due in part to a decline in car production in 2003.
In 2004, the total market for automotive parts and accessories was more than US$154 million, 7% more than 2003, and it is expected to grow 10% during 2005. Because of its size and sophistication this market is considered to be complex and vulnerable. The demand for parts and accessories has increased in Ecuador due to the demand growth for vehicles.
There are about 3.7 million registered cars in the Czech Republic from which only about 12,000 cars have been imported from the States. Most successful U.S. car makes were Chrysler (5,270), Jeep (2,944) Dodge (1,271) and Chevrolet (1,161). The numbers of some U.S. car makes registered in the Czech Republic can be found in the table below. All presented numbers are official data of the Car Importers Association (CAI - http://www.sda-cia.cz).
A region known for Skoda cars, Zetor tractors, and Tatra trucks, The Czech Republic has become the major car manufacturer in the Central/Eastern European region. With new auto investments in neighboring Slovakia, Hungary and Poland, this region is fast becoming the Detroit of Europe. U.S. businesses are already capitalizing on this progress - a significant number of U.S. companies have established branches here to supply the region and even the rest of Europe. Although EU accession gives European competitors a slight tariff advantage, the decline in the U.S. dollar makes U.S.
The market size for automotive parts in Chile is approximately $400 million. U.S. market share is approximately 14.5%. There are 2.5 million vehicles operating in the country. There is no local production of auto parts; all parts and accessories
The Canadian Transportation sector is one of the most modern and highly developed transportation infrastructures in the
world. It opens markets to natural resources, agricultural products, and manufactured goods. The transportation sector
consists of rail, truck, air, and marine. According to Transport Canada, the Commercial Transportation sector in 2004
accounted for US$34.7 billion (C$43.3 billion) or 4.1 percent of GDP and employs approximately 843,000 Canadians.
Federal Transport Minister Jean-C. Lapierre announced on March 9, 2005, that anti-theft immobilizing systems will be mandatory in all new cars, vans and light trucks, including SUVs. The systems will assist in preventing the unauthorized use of vehicle by preventing its engine from starting. The amendments to the Motor Vehicle Safety Regulations will come into effect on September 1, 2007, and apply to vehicles built after that date.
The Automotive Aftermarket sector is the largest retail sector in Canada ahead of clothing, food, furniture, and pharmaceuticals. The automotive aftermarket encompasses production, re-manufacturing, distribution and retailing of replacement parts, tools, equipment, accessories, chemicals and services used to repair and replace automotive parts and components after their initial production. Using the NAICS codes, Statistics Canada estimates the retail value of the automotive aftermarket at C$23.1 billion (US$18.5 billion) in 2004.
Water pumps, fuel tanks and tires being brought in from abroad. General Motors do Brasil (GMB) is accelerating the pace of imported auto parts in order to take advantage of the cheapening of imports due to the weakening of the dollar in relation to the real. "Last year, 10% of the components used in Brazilian vehicles were imported from Europe, Mexico and Asia, and this year the strategy is to increase that percentage," said the president of the subsidiary, Ray Young, who cited as an example of what was being brought in from abroad water pumps, fuel tanks and tires.
The Belgian automotive market has three strong components: auto assembly, Belgium has the highest auto production per capita ratio in the world; customizing, a niche market that has been growing exponentially over the past five years; and garage equipment. This report covers garage equipment used by: repair and maintenance garages, service stations, customizing shops, technical inspection centers, tire specialists, body shops, and machine shops.
The Belgian market for machine shop and engine components is fairly small and fragmented. However, there are niche market opportunities that are not being fully targeted within this specialized sub-sector. The Belgian market is similar to
other countries in Europe, like Germany and Italy, with machine shops rebuilding two types of engines: car and van (60 percent) and small motor/machinery (40 percent).
The thriving automotive parts and accessories market in Barbados is fuelled by the country’s growing importation of new and reconditioned vehicles. Barbados imported 5,860 motorcars in 2004 with a CIF value of US$39.9 Million. Based on the high vehicle imports, there is a growing demand for maintenance and collision parts along with accessories. United States manufacturers and suppliers in the automotive sector are perfectly positioned to satisfy this growing demand.
The Austrian market for automotive and heavy-duty engine parts has two sectors: the aftermarket, and original equipment manufacturers (OEMs). The aftermarket is characterized by 1) a redominance of diesel-powered vehicles: around 50% of the passenger vehicles and 100% of the heavy-duty vehicles run on diesel engines, and 2) the insignificant market share of U.S. vehicles: only 1.3% of registered vehicles are made in the USA.
This report provides statistical information estimated by the author of this report, based on incomplete or conflicting official figures. All figures in US$ millions, Euro exchange rate used is 2004: $1=EUR 0.80.
With over 4.1 million passenger cars registered in Austria and a parts and accessories market worth over EUR 2.3 billion ($2.9 billion) in 2004, the market for performance and customization products in Austria is expected to turn over around EUR 56 million ($69 million) this year, with a growth rate steady at 2 to 3% per annum. The single most popular product in this sector is the aluminum wheel, which has long been a part of the mainstream. Niche markets also exist for interior neon lighting products, hi-fi and entertainment systems, and window foils.
There are just over 4 million passenger vehicles registered in Austria, a country with just over 8 million residents. This number has remained steady over the past several years. There are four kinds of filters in automobiles: motor-based filters for air, oil, and fuel, and those that filter the air entering the vehicle interior (called cabin filters, pollen filters or particle filters).
This report outlines Australia’s market for commercial vehicles specifically focusing on light trucks and vans. Light trucks are classified as “motor vehicles for the transport of goods not exceeding 5 tones” under HS Code 8704.21. Vans are classified as “motor cars and other motor vehicles principally designed for the transport of persons (not greater than 10 people) with a cylinder capacity greater than 1,500 centimeters cubed but less than 3,000 centimeters cubed” under HS Code 8703.23. The automotive industry in Australia is currently experiencing a boom.
This report outlines the market for parts and accessories for motor vehicles classified under HS Code 8708. It encompasses both OEM and aftermarket parts. All figures in this report are quoted in U.S. dollars and are based on exchange rate USD $1 = AUD $1.311. The automotive parts and accessories sector in Australia is currently booming. The Australian Federal Chamber of Automotive Industries forecasts new car sales to reach 980,000 by the end of 2005, which is an increase of 3% from 2004.
The demand for automotive diagnostic equipment is evident, taking into consideration that the average lifespan of most of the 3.3 million motor vehicles running in Colombia is twelve to fifteen years. Another factor favoring the diagnostic equipment market is the fact that approximately eighty percent of cargo and passenger’s transportation in Colombia is done by land. The high prices of vehicles and their long lifespan, as well as the poor condition of most roads in Colombia, present quite a challenge for keeping the vehicles in good mechanical condition.
China is the world’s third largest car market after the United States and Japan. Last year Chinese vehicle sales totaled five million. If the Chinese economy continues to grow at its current highsingle- digit rate, Chinese passenger vehicle sales are expected to grow annually 15-18% and reach 6 to 7.4 million by 2010. At this rate, China is expected to become the second largest market in the world for vehicle sales by 2010 and may be the world’s largest by 2015. This growth makes China
With a diverse population that’s known for its affinity to motorsports, the broad cultural appeal of Brazilian racing legend Emerson Fittipaldi, and a strong presence in American motorsports—Gil de Ferran, Tony Kanaan, Hélio Castroneves and
Fittipaldi’s nephew Christian Fittipaldi among the stars of the tracks—Brazil is now home to eighteen tuner publications and an
untold number of automotive, hot rod, offroad, racing and car-collector publications.
Total new vehicle demand in Chile is expected to grow 20% in 2004. Projections for new car sales total 140,000 units, up sharply from recent years, but well below the 1997 peak of 180,000 units sold.
This report provides basic information on the Austrian passenger vehicle market, including market overview, market size, end users, market trends, import market, domestic production, opportunities for profile building and key contacts.
Vehicle customization has been growing rapidly in China, industry insiders estimate the Chinese specialty-equipment market is at approximately $12.5-$15 Billion USD. With 1.3 Billion in its population, vehicle sales reaching 93% of the U.S. passenger vehicle sales, according to data provided by JD Power & CAAM in January of 2009. SEMA has developed a new list of trade leads available to SEMA members online at www.sema.org/international. The Chinese government has begun to legalize specialty products for use in China.
To assist our members in identifying the key media contacts in China, SEMA has compiled a list of top media editorial contacts in China. Media database is available online for members at www.sema.org/international. For more information on the SEMA report on the Chinese Specialty equipment Market contact Yvonne Wang.
Australia, a country of 20 million people, is world famous for a citizenry whose love of cars and vehicle customization is on a par with that of the United States
The overall Swiss market demand for automotive parts, aftermarket products, accessories as well as specialty equipment was valued in 2006 at USD 949 million and is forecast to grow 3-4% over the next two years.
United States specialty product suppliers can succeed with marketing and sales efforts in the vast—168 million registered vehicles—European market.
The U.K. market, the fourth largest in Western Europe, is also one of the easiest markets in Western Europe for SEMA-member companies to gain a foothold.
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