PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

North American Light Vehicle Ride Control Aftermarket to Grow Rapidly in the Immediate Future Notes Frost & Sullivan - The light vehicle ride control aftermarket expects to grow in the immediate future, despite historical declines
North American Light Vehicle Ride Control Aftermarket to Grow Rapidly in the Immediate Future Notes Frost & Sullivan

 

NewswireToday - /newswire/ - Mountain View, CA, United States, 2011/03/03 - The light vehicle ride control aftermarket expects to grow in the immediate future, despite historical declines.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

This is due to a combination of favorable circumstances for shock absorbers, struts, coil springs and strut mounts in the standard replacement aftermarket, as well as increased consumer participation in the performance aftermarket.

New analysis from Frost & Sullivan (automotive.frost.com), Strategic Analysis of the North American Light Vehicle Ride Control Aftermarket, finds that in the light vehicle aftermarket segments, ride control products expect to grow slightly in the immediate future, with a stabilization of unit shipment and revenues across the forecast period of 2009-2016. Revenues and unit shipment drive primarily by standard replacement shock absorber and strut sales.

If you are interested in a virtual brochure for this study, please send an email to Sarah Saatzer, Corporate Communications, at sarah.saatzer[.]frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.

"The light vehicle ride control aftermarket expects to see a period of growth stability through 2016, due to an increase in consumer maintenance spending and performance of deferred maintenance jobs," says Frost & Sullivan industry analyst Matthew Scruggs. "Another contributing factor is an increase in average vehicle age."

Increased spending expects to drive the purchase of premium replacement parts, as consumers invest in maintained quality components instead of traded in components. This will drive up the average price of replacement parts.

While entry-level parts will remain the largest revenue-generating category, consumers expect to target entry-level products with a high degree of differentiation, even if these products also carry a modest price premium.

A key restraint in this category continues to be a lack of consumer maintenance. Underperformed ride control maintenance acts to concentrate and commoditize the market mainly due to low margins created by inter-manufacturer price competition. This, in turn, challenges all industry participants, including distributors and installers.

"The potential for market expansion depends greatly on a company's ability to avoid commoditization of its products and remain price-competitive with competing manufacturers," observes Scruggs. "Product innovation and strategic product placement will be very significant factors for success in this market."

Going forward, manufacturers in the light vehicle ride control aftermarket should invest in installer and consumer education and develop products that compete on features and functionality basis. Differentiation in terms of product applications and technology is critical to avoid growth limitations due to eventual market stagnation.

"Manufacturers should understand that consumers are interested in keeping and maintaining their current vehicles," states Scruggs. "Thus, market share leaders must identify opportunities to drive the sales of premium products by competing in terms of quality per dollar."

Strategic Analysis of the North American Light Vehicle Ride Control Aftermarket is part of the Automotive & Transportation Growth Partnership Services program, which also includes research in the following markets: An Evaluation of Key North American Automotive Repair Industry Metrics in 2010, Executive Analysis of Global Emission Regulations and Impact on Powertrain Technologies and Strategic Analysis of the North American Starters and Alternators Aftermarket. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

Strategic Analysis of the North American Light Vehicle Ride Control Aftermarket / N732.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


North American Light Vehicle Ride Control Aftermarket to Grow Rapidly in the Immediate Future Notes Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Sarah Saatzer 
210-477-8427 sarah.saatzer[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

The NEOPLAN Skyliner Has Been Awarded The ‘International Busplaner Sustainability Prize 2017’
First Transports in Networked Trucks - DB Schenker and MAN Agree on Platooning Project
MAN Truck & Bus Are Placing the New MAN TGE Under Static Scrutiny As Part of A Van Bodybuilders’ Day Today
MAN Lion's Intercity is Russia’s Intercity Bus of the Year
Enel and Nissan Present First All-inclusive Electric Mobility Solution
MAN Truck & Bus Korea Launched MAN Lion’s Touring - The First and Only Cabriolet Bus for Sightseeing Tours in Korea
Influx of Cheap Imports Floods the Automotive Filter Aftermarket Says Frost & Sullivan
BASF Introduces Latest Robust Connectors for Automotive Wire Harnesses
Man Group Announces 100 NEOPLAN Skyliner Coaches for Rome
BASF Introduces Synthetic Leather Made with Elastollan® - Makes Car Seats More Comfortable
Frost & Sullivan Acclaims Federal-Mogul Motorparts' Visionary Solutions and Growth Strategies for the North American Automotive Aftermarket
Borealis and Borouge Showcase Lightweight Solutions with the 2016 European Car of the Year At K Fair
BASF - Charge Air Duct Made from The High-temperature Polyamide Ultramid® Endure BM for Blow Molding
MAN Announces First Major Order from Tbilisi
BASF and Hyundai Motor Showcase RN30 Concept Car At K Fair

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)