Table of Contents
Issues in the Market
-
- Key issues
- Definition
- Abbreviations
Future Opportunities
-
- Premium or value?
- Trading down or just not trading at all
Market in Brief
-
- Fall in car sales slows rate of growth in car parc
- MOT test failures increasing
- Routine maintenance being deferred
- Modest market value growth
- Electrical and electronics are growth segments
- OE component manufacturers gaining access to aftermarket
- Branding important for trade communication
- Independent garages most important distribution channel
- Independent garages have largest share of car service and repair
- Franchised dealers losing repair work to independent garages
Internal Market Environment
-
- Key points
- Trend to fewer car sales
-
- Figure 1: New car registrations and used car sales, 2004-09
- Scrappage scheme threat to aftermarket?
- Trend to longer car replacement cycles
-
- Figure 2: When obtained (only car or most recently obtained car), 2004-09
- A slowing car parc
-
- Figure 3: Number of cars in the car parc, 2004-09
- Figure 4: Number of cars in the car parc, 2004-09
- Still an ageing car parc…
-
- Figure 5: Age structure of the car parc in years, 2008
- Figure 6: Age structure of the car parc in years, 2008
- But miles driven per car falling
-
- Figure 7: Number of cars in parc and average distance (kilometres) driven, 2004-09
- Diesels accounting for a greater proportion of new car sales
-
- Figure 8: New car registrations by fuel type, 2000-09
- More cars failing the MOT test
-
- Figure 9: Road vehicle testing scheme (MOT), number of car tests, failures and percentage failures, 1997-2008
- Figure 10: Road vehicle testing scheme (MOT), reasons for failure, car tests, 1997-2008
- Figure 11: Road vehicle testing scheme (MOT), reasons for failure, car tests, 1997-2008
- Longer new car warranties and service intervals…
- … but higher dealer servicing costs?
- Some minor tasks are more complex
- Higher-quality OE parts and car reliability
- An electric future?
Broader Market Environment
-
- Key points
- Consumer priorities shift away from spending and towards saving
-
- Figure 12: GDP, PDI, consumer expenditure and savings, at current prices, 2004-14
- Figure 13: GDP, PDI, consumer expenditure and savings, at constant 2004 prices, 2004-14
- Moving out of recession?
-
- Figure 14: GDP quarterly percentage change, 2004-09
- Growth in employment
-
- Figure 15: Employment and unemployment, by gender, 2004-14
- More families?
-
- Figure 16: Trends in the age structure of the UK population, by gender, 2004-14
Competitive Context
-
- Key points
- Globalisation
- R&D shifts to component and system suppliers
- Higher quality manufacturing standards
- Aftermarket down, OE complexity and value up
- Counterfeit parts
- Decline in white box competition
- Increase in remanufacturing
- Internet distribution
- Legislation – Regulation ECE-R90
- Motor Vehicles Regulations 2009
- A sector-specific Block Exemption Regulation?
Strengths and Weaknesses in the Market
-
- Strengths
- Weaknesses
Who’s Innovating?
-
- Demands of the OE market
- An increasing emphasis on safety
- Environmental pressures
- Aftermarket impact
Market Size and Forecast
-
- Key points
- Market size
-
- Figure 17: UK sales of car replacement parts, 2004-09
- Servicing and repair spend
-
- Figure 18: Consumer expenditure on fuels and lubricants, servicing and repair and motoring expenses, at current prices, 2004-09
- Forecast
-
- Figure 19: UK sales of car replacement parts by value, 2004-14
- Factors used in the forecast
Segment Performance
-
- Key points
- A highly fragmented market
-
- Figure 20: UK car replacement parts market, by segment, 2001, 2006 and 2009
-
- Figure 21: UK car replacement parts market, by segment, percentage change, 2006-09
- Brake components
-
- Figure 22: Brake components replacement market, 2004-09
- Clutch components
-
- Figure 23: Clutch components replacement market, 2004-09
- Exhausts
-
- Figure 24: Exhaust replacement market, 2004-09
- Batteries
-
- Figure 25: Battery replacement market, 2004-09
- Filters
-
- Figure 26: Filter replacement market, 2004-09
- Sparkplugs
-
- Figure 27: Sparkplug replacement market, 2004-09
- Other growth segments
- Market share
Companies and Products
-
- OE and aftermarket manufacturers
- Branding important for trade promotion
- Bosal International
- Bosch
- Delphi
- Federal-Mogul
- Hella
- Tenneco
- TRW
- Valeo
- Visteon
Brand Communication and Promotion
-
- Above-the-line promotion falls sharply in 2008
-
- Figure 28: Main monitored media expenditure on small car parts, 2004-08
- Fast-fit retailers and styling part suppliers are largest spenders
-
- Figure 29: Main monitored media advertising expenditure, by advertiser, 2004-08
- Brakes and clutches the largest product category
-
- Figure 30: Main monitored media spend, by product, 2004-08
Channels to Market
-
- Key points
- Retail distribution
-
- Figure 31: Aftermarket outlets for sales of replacement parts, 2008
- Independent garages and franchised dealers
-
- Figure 32: Top ten franchised dealer groups, by number of outlets, 2008
- Independent chains
- Tyre and exhaust fitting centres
-
- Figure 33: Top ten tyre and exhaust fitting centres by number of outlets, 2008
- Kwik-Fit
- Petrol forecourts
- Car accessory shops
-
- Figure 34: Top car accessory chains, by number of outlets, 2008
- Halfords
- Motor factors
- Euro Car Parts
- GSF Car Parts
- The internet
The Consumer – Parts Purchasing
-
- Key points
-
- Figure 35: Replacement parts bought in last 12 months, June 2009
- DIY fitting of parts
- The end of direct consumer parts purchasing?
- The influence of car age on parts purchasing
-
- Figure 36: Replacement parts bought in last 12 months, by age of car, June 2009
The Consumer – Car Servicing and Parts Purchase
-
- Key points
-
- Figure 37: Statements on car servicing, June 2009
- Car servicing by age of car
-
- Figure 38: Car servicing, by age of car, June 2009
-
- Figure 39: Statements on car servicing, by replacement parts bought in last 12 months, June 2009
-
- Figure 40: Statements on car servicing, by replacement parts bought in last 12 months, June 2009 (continued)
The Consumer – Car Repairs and Parts Purchase
-
- Key points
-
- Figure 41: Statements on car repairs, June 2009
- Car repairs by age of car
-
- Figure 42: Car repair, by age of car, June 2009
-
- Figure 43: Statements on car repairs, by replacement parts bought in last 12 months, June 2009
-
- Figure 44: Statements on car repairs, by replacement parts bought in last 12 months, June 2009 (continued)
Appendix – Parts Purchasing
-
-
- Figure 45: Most popular replacement parts purchased in last 12 months, by demographics, June 2009
- Figure 46: Next most popular replacement parts purchased in last 12 months, by demographics, June 2009
-
Appendix –Car Servicing and Parts Purchase
-
-
- Figure 47: Replacement parts bought in last 12 months, by statements on servicing cars, June 2009
- Figure 48: Replacement parts bought in last 12 months, by statements on servicing cars, June 2009
-
Back to top