Heavy-duty Automotive Aftermarket Analysis Report By Vehicle Type, By Replacement Part (Tires, Brake Parts, Turbochargers), By Service Channel (DIFM, DIY), By Region, And Segment Forecasts, 2018 - 2025

Published: Sep, 2018 | Pages: 100 | Publisher: Grand View Research
Industry: Automotive | Report Format: Electronic (PDF)

The global heavy-duty automotive aftermarket size is anticipated to reach USD 155.8 billion by 2025, according to a new report by Grand View Research, exhibiting a 4.5% CAGR during the forecast period. Increasing presence of older, more outdated trucks is leading to rise in demand for replacement parts, which in turn, drives the heavy-duty automotive aftermarket. Other factors expected to drive the market include greater wear and tear of vehicles due to frequent use, growth in number of vehicles, and durability of components.

Connected trucks are embedded with IoT sensors that enable fleet management companies to obtain real-time data on the condition of replacement parts in trucks. Thus, digitalization and IoT have helped drivers gain insights on the health of the vehicle and to schedule preventive maintenance checks. Subsequently, with more real-time data made available about the vehicles, automotive parts can be replaced periodically. This, in turn, is expected to boost demand for heavy-duty automotive aftermarket components over the forecast period.

The Asia Pacific region accounted for the largest market share in 2017, followed by Europe. Increasing number of old trucks in regions such as North America and Europe is expected to fuel demand for replacement parts on account of increased wear and tear of these vehicles.

South America is poised to expand at the highest CAGR over the forecast period, owing to rising sale of trucks in developing countries such as Brazil. The heavy-duty automotive aftermarket is expected to grow at a higher rate in nations such as South Africa and Brazil owing to poor road infrastructure, which triggers the need for frequent maintenance of transportation fleets.

Further key findings from the report suggest:

• Demand for heavy-duty aftermarket components is expected to grow owing to rising penetration of e-commerce in distribution and sale of automotive components

• The DIY segment is expected to exhibit the highest CAGR of 9.0% over the forecast period

• Rising awareness about emission standards and stringent laws laid down by various governments to limit emissions by heavy-duty vehicles is expected to positively impact the market

• 3M Company; ATC Technology Corp; Continental AG; Denso Corporation; Detroit Diesel Corporation; Dorian Drake International Inc.; Dorman Products; Federal-Mogul LLC; Instrument Sales & Service, Inc.; Remy International Inc.; and UCI International Inc. are some of the key players in the heavy-duty automotive aftermarket.

 Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Research Methodology
                 1.2 Research Scope & Assumptions
                 1.3 List of Data Sources

Chapter 2 Executive Summary
                 2.1 Heavy - Duty Automotive Aftermarket - Industry Snapshot & Key Buying Criteria, 2014 - 2025
                 2.2 Industry Trends
                     2.2.1 Vehicle type
                     2.2.2 Replacement part
                     2.2.3 Service channel
                     2.2.4 Region

Chapter 3 Industry Outlook
                 3.1 Market segmentation & scope
                 3.2 Heavy - Duty Automotive Aftermarket Growth Prospects, 2025
                 3.3 Heavy - Duty Automotive Aftermarket - Value Chain
                 3.4 Market Dynamics
                     3.4.1 Market driver analysis
                         3.4.1.1 Improvements in technologies such as connected trucks and hybrid trucks
                         3.4.1.2 Growth in fleet management services and the number of heavy - duty vehicles
                         3.4.1.3 Country - wise heavy - duty vehicle statistics 2016 and 2017
                         3.4.1.4 Rising penetration of e - commerce and online services in automotive aftersales services
                     3.4.2 Market challenge analysis
                         3.4.2.1 Need for skilled technicians
                 3.5 Key Opportunities - Prioritized, 2025
                 3.6 Company Analysis
                     3.6.1 Key company analysis, 2017
                 3.7 Industry Analysis - Porter's
                 3.8 Heavy duty automotive aftermarket - PEST Analysis

Chapter 4 Heavy - Duty Automotive Aftermarket: Replacement Parts Estimates and Trend Analysis
                 4.1 Heavy - Duty Automotive Aftermarket: Replacement Parts Movement Analysis
                     4.1.1 Tires
                         4.1.1.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)
                     4.1.2 Batteries
                         4.1.2.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)
                     4.1.3 Brake parts
                         4.1.3.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)
                     4.1.4 Filters
                         4.1.4.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)
                     4.1.5 Body parts
                         4.1.5.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)
                     4.1.6 Lighting & electronic components
                         4.1.6.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)
                     4.1.7 Wheels
                         4.1.7.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)
                     4.1.8 Exhaust components
                         4.1.8.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)
                     4.1.9 Turbochargers
                         4.1.9.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)
                     4.1.10 Others
                         4.1.10.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)

Chapter 5 Heavy - Duty Automotive Aftermarket: Vehicle Type Estimates and Trend Analysis
                 5.1 Heavy - Duty Automotive Aftermarket: Vehicle Type Movement Analysis
                     5.1.1 Class 4 to Class 6
                         5.1.1.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)
                     5.1.2 Class 7 & Class 8
                         5.1.2.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)

Chapter 6 Heavy - Duty Automotive Aftermarket: Service Channel Estimates and Trend Analysis
                 6.1 Heavy - Duty Automotive Aftermarket: Service Channel Movement Analysis
                     6.1.1 Do It Yourself (DIY)
                         6.1.1.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)
                     6.1.2 Original Equipment (OE) seller
                         6.1.2.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)
                     6.1.3 Do It For Me (DIFM)
                         6.1.3.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)

Chapter 7 Heavy - Duty Automotive Aftermarket: Regional Estimates & Trend Analysis
                 7.1 Heavy - Duty Automotive Aftermarket Share by Region, 2015 & 2025
                 7.2 North America
                     7.2.1 North America market estimates and forecasts, 2014 - 2025 (USD Billion)
                     7.2.2 U.S.
                         7.2.2.1 U.S. market estimates and forecasts, 2014 - 2025 (USD Billion)
                     7.2.3 Canada
                         7.2.3.1 Canada market estimates and forecasts, 2014 - 2025 (USD Billion)
                     7.2.4 Mexico
                         7.2.4.1 Mexico market estimates and forecasts, 2014 - 2025 (USD Billion)
                 7.3 Europe
                     7.3.1 Europe market estimates and forecasts, 2014 - 2025 (USD Billion)
                     7.3.2 Germany
                         7.3.2.1 Germany market estimates and forecasts, 2014 - 2025 (USD Billion)
                     7.3.3 U.K.
                         7.3.3.1 U.K. market estimates and forecasts, 2014 - 2025 (USD Billion)
                     7.3.4 France
                         7.3.4.1 France market estimates and forecasts, 2014 - 2025 (USD Billion)
                 7.4 Asia Pacific
                     7.4.1 Asia Pacific market estimates and forecasts, 2014 - 2025 (USD Billion)
                     7.4.2 China
                         7.4.2.1 China market estimates and forecasts, 2014 - 2025 (USD Billion)
                     7.4.3 Japan
                         7.4.3.1 Japan market estimates and forecasts, 2014 - 2025 (USD Billion)
                     7.4.4 India
                         7.4.4.1 India market estimates and forecasts, 2014 - 2025 (USD Billion)
                 7.5 South America
                     7.5.1 South America market estimates and forecasts, 2014 - 2025 (USD Billion)
                     7.5.2 Brazil
                         7.5.2.1 Brazil market estimates and forecasts, 2014 - 2025 (USD Billion)
                 7.6 MEA
                     7.6.1 MEA market estimates and forecasts, 2014 - 2025 (USD Billion)

Chapter 8 Competitive Landscape
                 8.1 3M Company
                     8.1.1 Company overview
                     8.1.2 Financial performance
                     8.1.3 Product benchmarking
                     8.1.4 Recent developments
                 8.2 ATC Technology Corp
                     8.2.1 Company overview
                     8.2.2 Product benchmarking
                 8.3 Continental AG
                     8.3.1 Company overview
                     8.3.2 Financial performance
                     8.3.3 Product benchmarking
                     8.3.4 Recent developments
                 8.4 Denso Corporation
                     8.4.1 Company overview
                     8.4.2 Financial performance
                     8.4.3 Product benchmarking
                     8.4.4 Recent developments
                 8.5 Detroit Diesel Corporation
                     8.5.1 Company overview
                     8.5.2 Financial performance (Daimler AG)
                     8.5.3 Product benchmarking
                     8.5.4 Recent developments
                 8.6 Dorian Drake International Inc
                     8.6.1 Company overview
                     8.6.2 Product benchmarking
                     8.6.3 Recent developments
                 8.7 Dorman Products
                     8.7.1 Company overview
                     8.7.2 Financial performance
                     8.7.3 Product benchmarking
                     8.7.4 Recent developments
                 8.8 Federal - Mogul LLC
                     8.8.1 Company overview
                     8.8.2 Financial performance
                     8.8.3 Product benchmarking
                     8.8.4 Recent developments
                 8.9 Instrument Sales & Service, Inc.
                     8.9.1 Company overview
                     8.9.2 Product benchmarking
                 8.10 Remy International Inc.
                     8.10.1 Company overview
                     8.10.2 Financial performance
                     8.10.3 Product benchmarking
                 8.11 UCI International Inc.
                     8.11.1 Company overview
                     8.11.2 Product benchmarking

List of Tables

TABLE 1 Heavy-Duty Automotive Aftermarket - Industry snapshot & critical success factor, 2014 - 2025
TABLE 2 Global heavy-duty automotive aftermarket, 2014 - 2025 (USD Billion)
TABLE 3 Global heavy-duty automotive aftermarket by replacement parts, 2014 - 2025 (USD Billion)
TABLE 4 Global heavy-duty automotive aftermarket by service channel , 2014 - 2025 (USD Billion)
TABLE 5 Global heavy-duty automotive aftermarket by service channel, 2014 - 2025 (USD Billion)
TABLE 7 Global heavy-duty automotive aftermarket by region, 2014 - 2025 (USD Billion)
TABLE 8 Global tires heavy-duty automotive aftermarket by region, 2014 - 2025 (USD Billion)
TABLE 9 Global batteries heavy-duty automotive aftermarket by region, 2014 - 2025 (USD Billion)
TABLE 10 Global brake parts heavy-duty automotive aftermarket by region, 2014 - 2025 (USD Billion)
TABLE 11 Global filters heavy-duty automotive aftermarket by region, 2014 - 2025 (USD Billion)
TABLE 12 Global body parts heavy-duty automotive aftermarket by region, 2014 - 2025 (USD Billion)
TABLE 13 Global lighting & electronic components heavy-duty automotive aftermarket by region, 2014 - 2025 (USD Billion)
TABLE 14 Global wheels heavy-duty automotive aftermarket by region, 2014 - 2025 (USD Billion)
TABLE 15 Global exhaust components heavy-duty automotive aftermarket by region, 2014 - 2025 (USD Billion)
TABLE 16 Global turbochargers heavy-duty automotive aftermarket by region, 2014 - 2025 (USD Billion)
TABLE 17 Global others heavy-duty automotive aftermarket by region, 2014 - 2025 (USD Billion)
TABLE 18 Heavy-Duty Automotive Aftermarket for Class 4 to Class 6 by region, 2014 - 2025 (USD Billion)
TABLE 19 Heavy-Duty Automotive aftermarket for Class 7 & Class 8 by region, 2014 - 2025 (USD Billion)
TABLE 20 Global DIY heavy-duty automotive aftermarket by region, 2014 - 2025 (USD Billion)
TABLE 21 Global OE heavy-duty automotive aftermarket by region, 2014 - 2025 (USD Billion)
TABLE 22 Global DIFM heavy-duty automotive aftermarket by region, 2014 - 2025 (USD Billion)
TABLE 23 North America heavy-duty automotive aftermarket by replacement parts, 2014 - 2025 (USD Billion)
TABLE 24 North America heavy-duty automotive aftermarket by vehicle type, 2014 - 2025 (USD Billion)
TABLE 25 North America heavy-duty automotive aftermarket by service channel, 2014 - 2025 (USD Billion)
TABLE 26 U.S. heavy-duty automotive aftermarket by vehicle type, 2014 - 2025 (USD Billion)
TABLE 27 U.S. heavy-duty automotive aftermarket by service channel, 2014 - 2025 (USD Billion)
TABLE 28 Canada heavy-duty automotive aftermarket by vehicle type, 2014 - 2025 (USD Billion)
TABLE 29 Canada heavy-duty automotive aftermarket by service channel, 2014 - 2025 (USD Billion)
TABLE 30 Mexico heavy-duty automotive aftermarket by vehicle type, 2014 - 2025 (USD Billion)
TABLE 31 Mexico heavy-duty automotive aftermarket by service channel, 2014 - 2025 (USD Billion)
TABLE 32 Europe heavy-duty automotive aftermarket by replacement parts, 2014 - 2025 (USD Billion)
TABLE 33 Europe heavy-duty automotive aftermarket by vehicle type, 2014 - 2025 (USD Billion)
TABLE 34 Europe heavy-duty automotive aftermarket by service channel, 2014 - 2025 (USD Billion)
TABLE 35 Germany heavy-duty automotive aftermarket by vehicle type, 2014 - 2025 (USD Billion)
TABLE 36 Germany heavy-duty automotive aftermarket by service channel, 2014 - 2025 (USD Billion)
TABLE 37 U.K. heavy-duty automotive aftermarket by vehicle type, 2014 - 2025 (USD Billion)
TABLE 38 U.K. heavy-duty automotive aftermarket by service channel, 2014 - 2025 (USD Billion)
TABLE 39 France heavy-duty automotive aftermarket by vehicle type, 2014 - 2025 (USD Billion)
TABLE 40 France heavy-duty automotive aftermarket by service channel, 2014 - 2025 (USD Billion)
TABLE 41 Asia Pacific heavy-duty automotive aftermarket by replacement parts, 2014 - 2025 (USD Billion)
TABLE 42 Asia Pacific heavy-duty automotive aftermarket by vehicle type, 2014 - 2025 (USD Billion)
TABLE 43 Asia Pacific heavy-duty automotive aftermarket by service channel, 2014 - 2025 (USD Billion)
TABLE 44 China heavy-duty automotive aftermarket by vehicle type, 2014 - 2025 (USD Billion)
TABLE 45 China heavy-duty automotive aftermarket by service channel, 2014 - 2025 (USD Billion)
TABLE 46 Japan heavy-duty automotive aftermarket by vehicle type, 2014 - 2025 (USD Billion)
TABLE 47 Japan heavy-duty automotive aftermarket by service channel, 2014 - 2025 (USD Billion)
TABLE 48 India heavy-duty automotive aftermarket by vehicle type, 2014 - 2025 (USD Billion)
TABLE 49 India heavy-duty automotive aftermarket by service channel, 2014 - 2025 (USD Billion)
TABLE 50 South America heavy-duty automotive aftermarket by replacement parts, 2014 - 2025 (USD Billion)
TABLE 51 South America heavy-duty automotive aftermarket by vehicle type, 2014 - 2025 (USD Billion)
TABLE 52 South America heavy-duty automotive aftermarket by service channel, 2014 - 2025 (USD Billion)
TABLE 53 Brazil heavy-duty automotive aftermarket by vehicle type, 2014 - 2025 (USD Billion)
TABLE 54 Brazil heavy-duty automotive aftermarket by service channel, 2014 - 2025 (USD Billion)
TABLE 55 MEA heavy-duty automotive aftermarket by replacement parts, 2014 - 2025 (USD Billion)
TABLE 56 MEA heavy-duty automotive aftermarket by vehicle type, 2014 - 2025 (USD Billion)
TABLE 57 MEA heavy-duty automotive aftermarket by service channel, 2014 - 2025 (USD Billion)

List of Figures

FIG. 1 Market segmentation & scope
FIG. 2 Heavy duty automotive aftermarket size and growth prospects 2014 - 2025 (Revenue in USD Billion)
FIG. 3 Heavy duty automotive aftermarket - Value chain
FIG. 4 Market dynamics
FIG. 5 Key opportunities of heavy-duty automotive aftermarket, 2025
FIG. 6 Porter's five forces analysis
FIG. 7 PEST analysis
FIG. 8 Heavy duty automotive aftermarket: Replacement parts movement analysis
FIG. 9 Heavy duty automotive aftermarket: Vehicle type movement analysis
FIG. 10 Heavy duty automotive aftermarket: Service channel movement analysis
FIG. 11 Regional marketplace: Key takeaways
FIG. 12 Regional outlook, 2017 & 2025