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U.S. Motor Vehicle Electrical And Electronic Equipment Market. Analysis And Forecast to 2025
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U.S.: Overview of the Market for Motor Vehicle Electrical And Electronic Equipment 2020

Market Size for Motor Vehicle Electrical And Electronic Equipment in the U.S.

For the seventh consecutive year, the U.S. market for motor vehicle electrical and electronic equipment recorded growth in sales value, which increased by X% to $X in 2019. Over the period under review, consumption posted a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Motor Vehicle Electrical And Electronic Equipment in the U.S.

In value terms, production of motor vehicle electrical and electronic equipment expanded rapidly to $X in 2019. The total output value increased at an average annual rate of +X% over the period from 2013 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the production volume increased by X% y-o-y. Over the period under review, production attained the peak level in 2019 and is expected to retain growth in the immediate term.

Exports of Motor Vehicle Electrical And Electronic Equipment

Exports from the U.S.

In 2019, the amount of motor vehicle electrical and electronic equipment exported from the U.S. fell rapidly to X units, which is down by -X% on the previous year's figure. Over the period under review, exports showed a precipitous contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. As a result, exports attained the peak of X units. From 2018 to 2019, the growth of exports remained at a somewhat lower figure.

In value terms, exports of motor vehicle electrical and electronic equipment shrank significantly to $X in 2019. In general, exports showed a dramatic descent. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at $X in 2018, and then dropped markedly in the following year.

Exports by Country

Austria (X units), Canada (X units) and Hungary (X units) were the main destinations of exports of motor vehicle electrical and electronic equipment from the U.S., together accounting for X% of total exports. These countries were followed by Mexico, Viet Nam, Denmark, Morocco, Portugal, Kuwait, Cote d'Ivoire, Qatar and China, which together accounted for a further X 2013 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Austria ($X) and Hungary ($X) constituted the largest markets for motor vehicle electrical and electronic equipment exported from the U.S. worldwide, together accounting for X% of total exports. Denmark, Mexico, Viet Nam, Morocco, Qatar, Portugal, China, Kuwait and Cote d'Ivoire lagged somewhat behind, together accounting for a further X the main countries of destination, Cote d'Ivoire (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average export price for motor vehicle electrical and electronic equipment amounted to $X per unit, shrinking by -X% against the previous year. Over the last six years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per unit, and then contracted in the following year.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Qatar ($X per unit), while the average price for exports to Cote d'Ivoire ($X per unit) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Morocco, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Motor Vehicle Electrical And Electronic Equipment

Imports into the U.S.

In 2019, the amount of motor vehicle electrical and electronic equipment imported into the U.S. skyrocketed to X units, increasing by X% compared with 2018 figures. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of motor vehicle electrical and electronic equipment shrank modestly to $X in 2019. The total import value increased at an average annual rate of +X% from 2013 to 2019; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018, and then dropped slightly in the following year.

Imports by Country

In 2019, Mexico (X units) constituted the largest motor vehicle electrical and electronic equipment supplier to the U.S., with a X% share of total imports. Moreover, imports of motor vehicle electrical and electronic equipment from Mexico exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Honduras (X units) ranked third in terms of total imports with a X% share.

From 2013 to 2019, the average annual rate of growth in terms of volume from Mexico stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Honduras (+X% per year).

In value terms, Mexico ($X) constituted the largest supplier of motor vehicle electrical and electronic equipment to the U.S., comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2013 to 2019, the average annual rate of growth in terms of value from Mexico totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Japan (-X% per year).

Import Prices by Country

In 2019, the average import price for motor vehicle electrical and electronic equipment amounted to $X per unit, waning by -X% against the previous year. Over the period under review, the import price recorded a precipitous decline. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the Philippines ($X per unit), while the price for Honduras ($X per unit) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of motor vehicle electrical and electronic equipment to the U.S.?
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In value terms, Mexico ($12.1B) constituted the largest supplier of motor vehicle electrical and electronic equipment to the U.S., comprising 55% of total imports. The second position in the ranking was occupied by China ($2B), with a 8.9% share of total imports. It was followed by Japan, with a 7.3% share.
What are the leading importers of motor vehicle electrical and electronic equipment from the U.S.?
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In value terms, Canada ($39M), Austria ($23M) and Hungary ($16M) appeared to be the largest markets for motor vehicle electrical and electronic equipment exported from the U.S. worldwide, together accounting for 36% of total exports. Denmark, Mexico, Viet Nam, Morocco, Qatar, Portugal, China, Kuwait and Cote d'Ivoire lagged somewhat behind, together comprising a further 30%.
What is the average export price for motor vehicle electrical and electronic equipment in the U.S.?
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In 2019, the average export price for motor vehicle electrical and electronic equipment amounted to $25 per unit, shrinking by -9.8% against the previous year.
What is the average import price for motor vehicle electrical and electronic equipment in the U.S.?
+
The average import price for motor vehicle electrical and electronic equipment stood at $15 per unit in 2019, falling by -74.5% against the previous year.

Product coverage:
• NAICS 336320 - Motor vehicle electrical and electronic equipment manufacturing

This report provides an in-depth analysis of the market for motor vehicle electrical and electronic equipment in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Companies mentioned:
• Lear Corporation
• Hitachi Automotive Systems Americas
• East Penn Manufacturing Co.
• Remy Holdings
• Stoneridge
• Denso Manufacturing Tennessee
• Unison Industries
• Sumitomo Electric Wiring Systems
• Truck-Lite Co.
• North American Lighting
• Whelen Engineering Company
• Peterson Manufacturing Company
• The W W Williams Company
• Fram Group Operations
• Bbb Industries
• Keihin Carolina System Technology
• Denso Manufacturing Athens Tennessee
• Mitsubishi Electric Automotive America
• Prestolite Wire
• Phillips & Temro Industries
• Am-Mex Products
• Trmi
• Stanley Electric US Co
• Kyungshin-Lear Sales and Engineering
• Tram
• Penske Company
• Valeo North America
• Aees Power Systems Limited Partnership
• Remy International

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2013–2019
Table 3:
Market Value, 2013–2019
Table 4:
Per Capita Consumption In 2013–2019
Table 5:
Imports, In Physical Terms, By Country, 2013–2019
Table 6:
Imports, In Value Terms, By Country, 2013–2019
Table 7:
Import Prices, By Country Of Origin, 2013–2019
Table 8:
Exports, In Physical Terms, By Country, 2013–2019
Table 9:
Exports, In Value Terms, By Country, 2013–2019
Table 10:
Export Prices, By Country Of Destination, 2013–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2019
Figure 2:
Market Value, 2013–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2019
Figure 5:
Trade Balance, In Physical Terms, 2013–2019
Figure 6:
Trade Balance, In Value Terms, 2013–2019
Figure 7:
Per Capita Consumption, 2013–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2019
Figure 21:
Production, In Value Terms, 2013–2019
Figure 22:
Imports, In Physical Terms, 2013–2019
Figure 23:
Imports, In Value Terms, 2013–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2013–2019
Figure 26:
Imports, In Value Terms, By Country, 2013–2019
Figure 27:
Import Prices, By Country Of Origin, 2013–2019
Figure 28:
Exports, In Physical Terms, 2013–2019
Figure 29:
Exports, In Value Terms, 2013–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2013–2019
Figure 32:
Exports, In Value Terms, By Country, 2013–2019
Figure 33:
Export Prices, By Country Of Destination, 2013–2019

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