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CSM Worldwide forecasts the NAFTA decorative and functional exterior market will grow by more than 10 percent by 2009, from $14.9 billion to $15.5 billion. The announcement comes as the result of comprehensive CSM research and analysis of 16 different components within the exteriors market for the time period 2004 through 2009.
Within the expanding market, Decoma is currently the leading Tier One supplier based on market share and is expected to remain the leader through 2009. Decoma’s strength in the market is due in large part to the company’s broad range of exterior products. The rank order in unit market share for suppliers to the current North American market based on the components studied:
1. Decoma
2. GDX
3. Visteon
CSM identifies several common characteristics of these suppliers, which are expected to continue their dominance through the forecast horizon of the study: a wide range of product and process offerings, an ability to work with OEMs on a global and platform level, and an expertise in delivering systems solutions that add value for their clients.
The components analyzed as part of the study include appliqués, body panels, bumper fascias, CHMSLs, claddings, greenhouse seals, grilles, exterior lighting, moldings, rocker panels, roof racks, running boards, body sealing and spoilers.
CSM Worldwide (www.csmauto.com) supports more than 350 of the world's top automakers, suppliers and financial organizations with market intelligence and forecasting services. With corporate offices in Detroit, CSM Worldwide covers the global automotive environment from London, Frankfurt, Tokyo, Sao Paulo, Singapore, Shanghai, Bangalore, and Budapest.