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Cruise control: As average mileage increases, industry demand will grow
Used Car Parts Wholesaling in the US
Increasing new parts sales have been reducing used parts sales in recent years, but the immediate future looks brighter for the Used Car Parts Wholesaling industry. As the economy picks up over the current five-year period, consumers will have more disposable income to either purchase used parts or new vehicles. New vehicles sales will serve as both a boon and a setback for industry operators, as the pool of potential repairs will grow, but new car owners may seek replacement parts from other industries.
Over the next five years, the average fleet age of US vehicles will increase, potentially benefiting the industry.Companies in this industry wholesale used auto parts. Industry operators also dismantle vehicles for the purpose of selling used auto parts to individuals, car mechanics and other individuals.
This industry excludes companies primarily engaged in selling scrap metal, tires and tubes as well as companies engaged in the refurbishing, rebuilding or remanufacturing of car parts.
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.
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