Global Heavy-Duty Automotive Aftermarket Market Growth (Status and Outlook) 2023-2029
The automotive aftermarket is the secondary market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories.
LPI (LP Information)' newest research report, the “Heavy-Duty Automotive Aftermarket Industry Forecast” looks at past sales and reviews total world Heavy-Duty Automotive Aftermarket sales in 2022, providing a comprehensive analysis by region and market sector of projected Heavy-Duty Automotive Aftermarket sales for 2023 through 2029. With Heavy-Duty Automotive Aftermarket sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heavy-Duty Automotive Aftermarket industry.
This Insight Report provides a comprehensive analysis of the global Heavy-Duty Automotive Aftermarket landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Heavy-Duty Automotive Aftermarket portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Heavy-Duty Automotive Aftermarket market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heavy-Duty Automotive Aftermarket and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Heavy-Duty Automotive Aftermarket.
The global Heavy-Duty Automotive Aftermarket market size is projected to grow from US$ 120880 million in 2022 to US$ 175820 million in 2029; it is expected to grow at a CAGR of 5.5% from 2023 to 2029.
Asia Pacific emerged as the leading regional market in terms of revenue in 2019. Rise in number of trucks in developing nations such as China and India is expected to drive demand for aftermarket components over the forecast period. China is the largest consumption region with a share of 33.2% in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Heavy-Duty Automotive Aftermarket market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Class 4 to Class 6
Class 7 and Class 8
Segmentation by application
DIY
OE Seller
DIFM
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bridgestone
Michelin
Continental
Goodyear
Bosch
Tenneco
ZF
Denso
3M Company
Delphi
Please note: The report will take approximately 2 business days to prepare and deliver.
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