Auto Parts Manufacturers List USA 2021

Auto Parts Manufacturers List USA 2021

Topic: Auto Parts Manufacturers List USA 2021

The auto parts manufacturing industry plays a vital role in the seaming the growth of the automobile sector in the USA. There are some of the market leaders of the auto parts manufacturers dominating the market in the USA and around the world and have remained some of the largest contributors of revenue in the industry.

With the ongoing speedy development in the automobile industry such as electronic vehicles, auto-driving systems, connected cars, the global demand for auto parts, manufacturers industry, and aftermarket components is expected to expand in the near future.


Overview of Global Auto Parts Manufacturers  Industry USA 2021

Auto parts are the components that make a complete automobile, mainly auto parts made from driving components to the integrity or, the exterior of the vehicle, technology, body, chassis, seating, wheels, tire, lighting, etc. As per Report Linker, the market size of global auto parts market size is projected to reach $810.5 billion by 2025.

With an increase in demand for electronic vehicles with lithium batteries, an increase in automobile production, the increased purchase power of consumers has also increased the demand for auto parts manufacturers in the USA.

The global auto parts market is mostly segmented into OEM and aftermarket manufacturers, wherein OEM holds 67% of the market share, and the aftermarket segment is seen growing fastly over the years. China holds 25% of the auto parts manufacturers as the growing demand for automobiles in the country. Following China, USA and Europe also make the biggest contribution to the auto parts markets.

Auto parts manufacturers in the USA have seen growth over the past few years due to the United States holding a significant contribution to the global automotive vehicles. The auto parts manufacturing market in the USA has grown up to $75 billion since 2018, out of which OEM shares 70% of the market and 30% is aftermarket manufacturers.


Auto Parts Manufacturers List USA 2021

Borgwarner

It is one of the largest supplier and auto parts manufacturers in the global market for automotive vehicles. Borgwarner is best recognised for off-highway and aftermarket automobile drivetrain components in light, medium, and heavy-duty vehicles. It employs over 27000 skilled employees operating in 62 facilities across 17 countries.


Dana Inc.

Dana founded in 1904 having headquarters in Maumee, Ohio, is popular among auto parts manufacturers in the USA and worldwide. It has 23000 employees working across 25 countries globally.

It is one of the biggest suppliers of drivetrain, thermal management, and sealing in the United States for the auto industry. It has been known for driving the most historic and heavy vehicles such as Model T and Jeep from the World War II era, 18 wheel rigs, London Taxicabs, giant machines, and cars from the NASCAR circuit racing.


Tenneco

One of the world’s leading auto parts manufacturers and distributors in the USA, known for Clean Air and Ride Performance and technological solutions for the markets of light vehicles, commercial trucks, and aftermarket equipment.

Tenneco has headquarters in the Lake Forests, Illinois, is an employer of 31000 employees operating in 91 manufacturing facilities, 15 engineering and technical centres around the world. Read more about Auto Parts Manufacturers List USA 2021


Auto Parts Manufacturers List USA 2021

Lear Corp

Lear is a leading supplier of automotive seating and electronic automobiles, it is listed among Fortune 500 for world-class product design, manufactured and engineered by a diverse team of talented people.

Lear headquarters situated in Southfield, Michigan, delivers global capabilities to its customers along with maintaining individual commitments. It employs 156,000 skilled people in 257 locations and 38 countries across the globe.


Goodyear Tire & Rubber Company

One of the world’s largest tire manufacturing companies, Goodyear Tire & Rubber Company was founded in 1898 in Akron, Ohio. Along with manufacturing the world’s best tires Goodyear Tire & Rubber Company produces some of the well-respected international brands Debica, Kelly, Fulda, Sava, Dunlop.

Goodyear Tire & Rubber Company produces rubber and polymers products in a variety of markets other than the tire industry.


Standard Motor Products

Standard Motor Products is a leading independent manufacturer, distributor, and marketer of motor replacement components for the automotive parts and aftermarket products industry, with a majority in the manufacturing of original equipment.

Standard Motor Products was established in 1919 and traded on NYSE.


Cooper Tire and Rubber Company

Specialized in manufacturing, replacement, design, and marketing of small, medium, racing track, and passenger car tires, Cooper Tire and Rubber Company are one of the biggest auto tires manufacturers in the United States.

It has been known in the business of tire and rubber components for automotive and automobiles for past years now.


Visteon

Visteon one of the leading global auto parts manufacturers in the United States has a large supply chain of auto components to some of the largest auto brands around the world such as BMW, Ford, Renault/Nissan, Mazda, Honda, GM, JLR, PSA, VW Daimler, and others.

In past years Visteon Corp. has become a global leader among the automotive supplier for designing, engineering, and manufacturing innovative electronics automotive cockpits for electronic vehicles manufacturers.


Accuride Corporation

Accuride Corporation, one of the popular auto parts manufacturers and suppliers of wheels and wheel-end components in the USA and European commercial vehicle market. Manufactures steel and aluminium components and assemblies of wheels for commercial vehicles.

Accuride Corporation has its headquarters in Evansville, Indiana specialized and well-known worldwide for its manufacturing.


American Axle & Manufacturing

American Axle and Manufacturing is one of the top global leaders in the market of auto parts manufacturers, design, engineer and validation of automobile drivetrain and driving components for commercial and industrial automotive markets.

Potential and equipped with specialized tactics in the driveline, American Axle and Manufacturing has covered the market across 17 countries with 90 facilities and employs 25,000 associates with it.


Auto Parts Manufacturers List USA 2021

Conclusion

The increasing trend of auto parts manufacturers in USA moving towards e-commerce platforms has become one of the factors for the auto part market as e-commerce platforms make it easy for the manufacturers as well as the consumers for trading with less effort.

Due to ease of business and availability of a variety of options on the platform, a large number of car owners and commercial traders are preferring to shop online for auto parts over the years. so this concludes our topic for Auto Parts Manufacturers List USA 2021