Frost & Sullivan: 'Underhood tuner component market will triple by 2008'
The underhood tuner component market totaled $131 million last year at the manufacturer level and will triple in size by 2008, according to a recent study by Frost & Sullivan.
Air intake sales represent 65% of the underhood tuner component aftermarket, says Frost & Sullivan Analyst Mary Beth Kellenberger. Air intakes "are the price of entry" in the tuner component market -- "one of the first modifications performed on tuner vehicles."
Ignition and internal engine components also make up significant shares of the tuner component aftermarket, according to Kellenberger.
The underhood tuner component market "will show strong growth across all categories."