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Heavy-Duty Automotive Aftermarket Market Opportunity and Forecast

According to IMARC Group’s latest report, titled “ Heavy Duty Aftermarket Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global heavy-duty automotive aftermarket market reached a value of US$ 120.5 Billion in 2020. Heavy-duty automotive aftermarket refers to the secondary market of the automotive industry that deals with parts and accessories used in commercial vehicles. The market offers distribution, retailing, manufacturing, installation, replacement and remanufacturing services for heavy-duty vehicle components. It also provides automobile body parts, wheels, turbochargers, brake parts, batteries, filters, tires, lighting and electronic components. Heavy-duty automotive aftermarket aids in improving appearance, safety functions, performance of the vehicle and offers a wider range of price and quality.

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The global heavy-duty automotive aftermarket is primarily being driven by the rising consumer awareness toward maintaining and servicing vehicles. Automotive aftermarkets assist in obtaining components that ensure fuel efficiency and improve the life span of the vehicle. Moreover, various technological advancements, such as the integration of Internet-of-Things (IoT) sensors and telematics to get real-time tracking of the life of components, are providing a thrust to the market growth. In line with this, the increasing environmental concerns among the masses are also favoring the market growth. Other factors, including the widespread adoption of remanufactured truck replacement components and the proliferation of e-commerce platforms, are anticipated to positively impact the market growth. Looking forward, IMARC Group expects the market to reach a value of US$ 155.4 Billion by 2026.

Competitive Landscape with Key Players:

  • 3M Company
  • Atc Drivetrain, LLC
  • Continental Aktiengesellschaft
  • DENSO CORPORATION
  • Detroit Diesel Corporation
  • Dorian Drake International Inc.
  • Dorman Products, Inc
  • Federal-Mogul Products US LLC
  • Instrument Sales and Service, Inc
  • UCI International, LLC

Breakup by Replacement Parts:

  • Tires
  • Batteries
  • Brake Parts
  • Filters
  • Body Parts
  • Lighting and Electronic Components
  • Wheels
  • Exhaust Components
  • Turbochargers
  • Others

Breakup by Vehicle Type:

  • Class 4 to Class 6
  • Class 7 and Class 8

Breakup by Service Channel:

  • DIY
  • OE Seller
  • DIFM

Breakup by Region:

  • Asia Pacific
  • North America
  • Europe
  • Middle East and Africa
  • Latin America

Ask Analyst for Customization and Explore full report with TOC & List of Figureshttps://www.imarcgroup.com/heavy-duty-automotive-aftermarket-market

We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:                                                    

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Market Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US:

IMARC Group

30 N Gould St Ste R

Sheridan, WY 82801 USA – Wyoming

Email: [email protected]

Tel No:(D) +91 120 433 0800

Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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