Crash and burn: Revenue is heavily declining as local vehicle manufacturers cease operations

IBISWorld’s Motor Vehicle Parts and Accessories Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Market Share of Companies
Industry Statistics & Market Size
Annual Growth
2012 - 2017
Annual Growth
2017 - 2022

Industry Analysis & Industry Trends

The Motor Vehicle Parts and Accessories Manufacturing industry has struggled with a difficult operating environment for manufacturing over the past five years, particularly in the automotive sector. Consumer demand has shifted away from locally manufactured cars in favour of imported cars. Automotive parts dealers have replaced local motor vehicle manufacturers as the largest source of industry demand, as major companies such as Toyota and GM Holden wind down their manufacturing operations. Industry revenue is forecast to decline at an annualised 10.3% over the five years through 2016-17. This includes a forecast drop of 21.3% during the current year as revenue falls to $2.6 billion, in line with demand declining from the Motor Vehicle Manufacturing industry...

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Industry Report - Industry Locations Chapter

The distribution of motor vehicle parts and accessories manufacturers largely follows the distribution of motor vehicle manufacturers, along with population distribution for aftermarket purposes. Toyota’s head office and manufacturing plant are located in Victoria, while GM Holden’s head office is in Victoria, but its manufacturing facilities are in South Australia. Proximity to major markets has pushed a high number of parts and accessories manufacturers to be located in the two states to reduce logistics costs from more convenient locations.

The continuing departure of car manufacturing operations is expected to significantly influence the industry. Suppliers based in Victoria and South Australia will lose their competitive advantage due to a substantially reduced market. The..

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Industry Products

What is the Motor Vehicle Parts and Accessories Manufacturing Industry?

Companies in the industry manufacture non-electrical motor parts and accessories. These companies may supply parts and accessories to motor vehicle manufacturers or the aftermarket. The industry does not include the manufacture of engines, motor vehicle bodies, car seats, windscreens or any part entirely made out of plastic or fibreglass.

Industry Products
Body exterior parts
Chassis parts
Interior and safety parts
Powertrain parts
Other parts and accessories
Industry Activities
Car accessory
Child car restraint
Muffler and radiator
Roof rack
Seat belt
Shock absorber
Suspension component
Transmission and clutch

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

Competitive Landscape

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
industry Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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