The auto parts industry is changing at a rapid pace. As technology becomes a more intricate part of the driving experience, car part manufacturers and suppliers are changing to keep up with current needs. The industry is fiercely competitive, with approximately 4,000 companies in the U.S. alone competing for share in a $405-billion-market, which is expected to grow to $448B in 2022.

New players in the game must adapt to emerging trends in the market to have a chance to keep up with the competition.