TechNavio today launched its report Automotive Aftermarket in Germany 2011-2015 based on an in-depth study exclusively focusing on Germany. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Automotive team said: ”The Automotive Aftermarket in Germany is highly fragmented. Players in the marketplace include independent companies, original equipment manufacturers (OEM)-owned dealers, and manufacturer-authorized dealers. The Automotive Aftermarket in Germany continues to consolidate as a means of enhancing competitiveness. Also, the aim to become a desirable supplier leads the largest producers to acquire smaller companies in the market. In addition, falling prices and reduced profit margins have led to market consolidation, which will make it difficult for small players to stay competitive in the market.”
According to the report, the adoption of advanced technologies such as electric battery, hybrid, and fuelcell powered vehicles is increasing globally, along with the development of alternative fuels such as compressed natural gas (CNG) and ethanol, which add further complexity to the service proposition. Moreover, the shift in the Automotive industry from mechanical to electrical and electronic systems creates new opportunities as well as challenges. This transition is driving the growth in demand for replacement products and new service technologies.
Further, the report also discusses that the reduced need for replacement is a major challenge for the vendors in the Automotive Aftermarket in Germany.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players. For further information on this report, please visit http://goo.gl/murSZ
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our Automotive, please visit https://www.technavio.com/automotive
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Report – Automotive Aftermarket in Germany 2011-2015
