Manufacturer sales in the specialty-equipment market’s street-performance segment have grown from $438 million in 1993 to $717 million in 2006, a 64% increase, according to SEMA research. Within the segment, performance parts have recorded some of the steadiest growth, up 16% from 2000 to 2006 ($262.4 million last year, third only to performance parts sold in the compact-performance and light-truck segments, respectively).
Suspension components and accessories in the street-performance segment grew with less fire than performance parts, although suspension did experience the single greatest spike in sales over the 13-year period. In 2001, suspension sales peaked at $290.6 million before dropping down to $194.3 million the following year.
For more on the street-performance market, read the Racing & Performance Market Update prepared by the SEMA Research & Information Center in the October 2007 issue of SEMA News.