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North American Automotive Aftermarket Shows Growth Opportunities Despite Counterfeiting Risks - As participants strive to counter the risk of counterfeiting of automotive components, the automotive aftermarket has shown promising growth in 2005 for certain components and is expected to show outstanding growth in future.
North American Automotive Aftermarket Shows Growth Opportunities Despite Counterfeiting Risks

 

PRZOOM - /newswire/ - Palo Alto, CA, United States, 2006/02/15 - As participants strive to counter the risk of counterfeiting of automotive components, the automotive aftermarket has shown promising growth in 2005 for certain components and is expected to show outstanding growth in future..

   
 
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The Automotive & Transportation Group at Frost & Sullivan will host its first quarter analyst briefing teleconference on Tuesday, February 21, 2006 at 3:00pm EST.

As participants strive to counter the risk of counterfeiting of automotive components, the automotive aftermarket has shown promising growth in 2005 for certain components and is expected to show outstanding growth in future. Growth of ceramic brake pads, friction – ready brake calipers, LEDs, HIDs and other forms of lighting, infotainment and navigation systems has stimulated intense competition across the industry from aftermarket manufacturers, distribution channel partners, and independent installers.

Highlights of the briefing include: an analysis of the counterfeiting and gray market, the impact of low-cost producing countries, growth trends in certain brake system products, lighting products, infotainment and navigation systems in the North American aftermarket, key mergers, acquisitions, joint ventures and divestitures, as well as a question and answer session.

This briefing will benefit component manufacturers, distributors, repair shop management, and vehicle manufacturers by discussing emerging trends and providing forward projections for the North American brake systems, lighting, infotainment, navigation, and counterfeiting and gray markets within the aftermarket.

“Automotive aftermarket component manufacturers have satisfactorily addressed the industry’s quality and fitment issues by introducing innovative technologies and products. By meeting these needs, the aftermarket is better prepared to combat the risk of counterfeiting of automotive components and the impact of low-cost producing countries,” observes Senior Research Analyst Avijit Ghosh.

Those interested in participating in the interactive teleconference should send an email to Tolu Babalola – Corporate Communications at tolu.babalola[.]frost.com with the following information: full name, company name, title, telephone number, e-mail address, city, state and country. The registration details will be emailed to you upon receipt of the above information.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community, by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

 
 
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North American Automotive Aftermarket Shows Growth Opportunities Despite Counterfeiting Risks

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Contact: Tolu Babalola 
210.477.8427 tolu.babalola[.]frost.com
 
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