The auto components industry is a multi-billion dollar industry worldwide. The U.S. is home to the largest auto parts industry in the world since the country has the highest number of autos anywhere. Hence investing in this auto parts makers can be a winning strategy.

According to one research report, the U.S. auto parts industry has combined revenues of about $180 billion with about 4,000 firms sharing the market. Some of the top companies in the industry include companies include Dana, Delphi, Lear, Meritor, Visteon, and the automotive division of Johnson Controls (all in the US); Robert Bosch and Continental (Germany); DENSO and Aisin Seiki (Japan); Faurecia (France); and Magna International (Canada).

Ten NYSE-listed U.S.-based Auto Parts Makers are listed below:

1.Company:Johnson Controls Inc (JCI)
Current Dividend Yield: 2.42%

2.Company: Lear Corp (LEA)
Current Dividend Yield: 1.26%

3.Company: American Axle & Manufacturing Holdings Inc (AXL)
Current Dividend Yield: No dividends paid

4.Company: BorgWarner Inc (BWA)
Current Dividend Yield: No dividends paid

5.Company: Tenneco Inc (TEN)
Current Dividend Yield: No dividends paid

6.Company: Dana Holding Corp (DAN)
Current Dividend Yield: 1.20%

7.Company: Allison Transmission Holdings Inc (ALSN)
Current Dividend Yield: 1.04%

8.Company: Tower International Inc (TOWR)
Current Dividend Yield: No dividends paid

9. Company: Visteon Corp (VC)
Current Dividend Yield: No dividends paid

10. Company: Gentex Corp (GNTX)
Current Dividend Yield: 2.98%

Note: Dividend yields noted are as of Feb 28, 2013

Disclosure: No Positions

Companies such as Johnson Controls, Lear and Visteon are major players in the market.