Over the last decade, there has been a decline in the automotive aftermarket. Often chalked up to the larger economic recession, the automotive aftermarket and off-road industry in specific have been on a roller coaster ride with a mix of corporate outcomes that have ranged from refocused business plans, changing market shares, and bankruptcy for an unfortunate few. BDS Suspension has braved the economic storm and come out stronger than ever with more confidence in its core beliefs of quality products, great customer service, guaranteed parts in stock, and an unmatched warranty.
Annually the industry converges on Las Vegas, NV each November for the SEMA Show. SEMA (Specialty Equipment Market Association) is a good marker for the industry as new trends emerge and companies show off their latest and greatest. Attendance from both exhibitors and buyers has been an indicator of the economic climate as poor attendance numbers and less than capacity filled exhibit halls plagued the show during the last decade. Over the last 3-4 years, however, there’s been a turn. Attendance has been improving, new companies are exhibiting, and the international presence has grown exponentially. “A trade show is a reflection of the industry it serves,” Chris Kersting, SEMA President and CEO, said in a statement. “The unprecedented participation levels this year indicate the industry is moving into growth mode. This was a record-breaking year and we’re seeing companies ready and eager to do business.” Attendance this year has grown to nearly 2,400 exhibiting companies and over 125,000 registered for the 4-day show, a 7% spike from last year. This increase is reflected in the SEMA Annual Market Report that estimates over $31 billion in 2012 aftermarket retail sales up from $28 billion in prior years.
This year marked BDS Suspension’s 5th year exhibiting at the annual industry trade show. While the company has been in business for 18 years, 2009 was BDS’s first year exhibiting at SEMA. In the 5 years the company has attended this annual industry event they’ve seen exponential growth as the company continues to gain a hold of the truck and Jeep suspension industry. Evidenced by their ever expanding SEMA presence, BDS Suspension’s booth has grown from a 20×20′ spot in 2009 to the 25×80′ plot in the South Hall, along the north wall of the upper level that has been their home for the past few years. Around the show exposure has grown from a single vehicle on display to well over 50-BDS equipped trucks and Jeeps being showcased around exhibit halls and on display in featured vehicle spots. Needless to say the company has been growing over the past few years and is excited to for the coming year as they continue to lead the market with innovative new products and a sound business plan. Mark your calendars, the 2014 SEMA Show is slated for November 4-7, 2014.
Sources: Mark Maynard, UTSanDiego.com