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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.
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.
Market Analysis and Insights: Global Heavy-Duty Automotive Aftermarket Market
In 2019, the global Heavy-Duty Automotive Aftermarket market size was US$ 112670 million and it is expected to reach US$ 159980 million by the end of 2026, with a CAGR of 5.3% during 2021-2026.
Global Heavy-Duty Automotive Aftermarket Scope and Market Size
Heavy-Duty Automotive Aftermarket market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Heavy-Duty Automotive Aftermarket market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Heavy-Duty Automotive Aftermarket market is segmented into Class 4 to Class 6, Class 7 and Class 8, etc.
Segment by Application, the Heavy-Duty Automotive Aftermarket market is segmented into DIY, OE Seller, DIFM, etc.
Regional and Country-level Analysis
The Heavy-Duty Automotive Aftermarket market is analysed and market size information is provided by regions (countries).
The key regions covered in the Heavy-Duty Automotive Aftermarket market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.
Heavy-Duty Automotive Aftermarket market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Heavy-Duty Automotive Aftermarket business, the date to enter into the Heavy-Duty Automotive Aftermarket market, Heavy-Duty Automotive Aftermarket product introduction, recent developments, etc.
The major vendors include Bridgestone, Michelin, Continental, Goodyear, Bosch, Tenneco, ZF, Denso, 3M Company, Delphi, etc.
This report focuses on the global Heavy-Duty Automotive Aftermarket status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Heavy-Duty Automotive Aftermarket development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
Bridgestone
Michelin
Continental
Goodyear
Bosch
Tenneco
ZF
Denso
3M Company
Delphi
Class 4 to Class 6
Class 7 and Class 8
The segment of class 7 and class 8 dominated the market with a share of 70.5% in 2019 and is expected to retain its dominance through 2026.
DIY
OE Seller
DIFM
On the basis of service channel, the market has been segmented into do it yourself (DIY), do it for me (DIFM), and original equipment (OE) seller. The DIFM segment dominated the market with a share of 75.2% in 2019 and is expected hold a majority share over the forecast period.
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
To analyze global Heavy-Duty Automotive Aftermarket status, future forecast, growth opportunity, key market and key players.
To present the Heavy-Duty Automotive Aftermarket development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of Heavy-Duty Automotive Aftermarket are as follows:
History Year: 2015-2019
2019
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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.
Market Analysis and Insights: Global Heavy-Duty Automotive Aftermarket Market
In 2019, the global Heavy-Duty Automotive Aftermarket market size was US$ 112670 million and it is expected to reach US$ 159980 million by the end of 2026, with a CAGR of 5.3% during 2021-2026.
Global Heavy-Duty Automotive Aftermarket Scope and Market Size
Heavy-Duty Automotive Aftermarket market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Heavy-Duty Automotive Aftermarket market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Heavy-Duty Automotive Aftermarket market is segmented into Class 4 to Class 6, Class 7 and Class 8, etc.
Segment by Application, the Heavy-Duty Automotive Aftermarket market is segmented into DIY, OE Seller, DIFM, etc.
Regional and Country-level Analysis
The Heavy-Duty Automotive Aftermarket market is analysed and market size information is provided by regions (countries).
The key regions covered in the Heavy-Duty Automotive Aftermarket market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.
Competitive Landscape
and Heavy-Duty Automotive Aftermarket Market Share AnalysisHeavy-Duty Automotive Aftermarket market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Heavy-Duty Automotive Aftermarket business, the date to enter into the Heavy-Duty Automotive Aftermarket market, Heavy-Duty Automotive Aftermarket product introduction, recent developments, etc.
The major vendors include Bridgestone, Michelin, Continental, Goodyear, Bosch, Tenneco, ZF, Denso, 3M Company, Delphi, etc.
This report focuses on the global Heavy-Duty Automotive Aftermarket status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Heavy-Duty Automotive Aftermarket development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
The key players covered in this study
Bridgestone
Michelin
Continental
Goodyear
Bosch
Tenneco
ZF
Denso
3M Company
Delphi
Market segment by Type, the product can be split into
Class 4 to Class 6
Class 7 and Class 8
The segment of class 7 and class 8 dominated the market with a share of 70.5% in 2019 and is expected to retain its dominance through 2026.
Market segment by Application, split into
DIY
OE Seller
DIFM
On the basis of service channel, the market has been segmented into do it yourself (DIY), do it for me (DIFM), and original equipment (OE) seller. The DIFM segment dominated the market with a share of 75.2% in 2019 and is expected hold a majority share over the forecast period.
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Heavy-Duty Automotive Aftermarket status, future forecast, growth opportunity, key market and key players.
To present the Heavy-Duty Automotive Aftermarket development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of Heavy-Duty Automotive Aftermarket are as follows:
History Year: 2015-2019
Base Year:
2019Estimated Year:
2020Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
