Heavy-Duty Automotive Aftermarket Market Size Key Players Analysis, Opportunity Assessment and Industry Expansion Strategies 2029

 The Heavy-Duty Automotive Aftermarket Market valued at $72.75 billion in 2023 & is expected to grow to $ 105.38 billion by 2029, representing a compound annual growth rate (CAGR) of 5.2% during the forecast period.

Heavy Duty Automotive Aftermarket Market Overview:

The research "Heavy Duty Automotive Aftermarket Market" seeks to provide up-to-date market intelligence and aid decision-makers in making sound investment decisions. It also offers a comprehensive analysis of the global Heavy Duty Automotive Aftermarket Market by Product Type, End Users/Application, Key Manufacturers, and Several Key Regions.

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Heavy Duty Automotive Aftermarket Market Scope:

The research focuses on the report's growth prospects, constraints, and market analyses. The research employs Porter's five forces analysis of the Heavy Duty Automotive Aftermarket industry to assess the impact of several variables on Heavy Duty Automotive Aftermarket market trends, including supplier bargaining power, competitor competitive intensity, the threat of alternatives, buyer power etc.

Heavy Duty Automotive Aftermarket Market Dynamics:

The dynamics of the heavy-duty automotive aftermarket market are influenced by a number of important elements, all of which are highly relevant to the sector's expansion and profitability.

Drivers of the Heavy Duty Automotive Aftermarket

The age of heavy-duty trucks on the road is one of the most significant factors. The demand for aftermarket goods and services is being driven by the fact that as these cars get older, they need more regular maintenance and replacement parts. The growing number of heavy-duty vehicles on the road is also contributing to an increase in the need for replacement parts. As a result of car owners wanting to maintain the functionality of their vehicles, the aftermarket market is expanding.

Heavy Duty Automotive Aftermarket Market Segmentation:

by Type

1. engine and engine parts
2. transmission and drivetrain parts
3. suspension and braking parts
4. electrical and electronic parts
5. body and interior parts
6. others


by Vehicle Type

1. trucks
2. buses
3. trailers
4. others


by Sales Channel

1. original equipment supplier (OES)
2. independent aftermarket (IAM)


by Component

1. batteries
2. brake parts
3. filters
4. exhaust systems
5.lighting and electrical components
6. Turbochargers
7. others


by End-User

1. fleet operators
2. repair and maintenance service providers
3. individual vehicle owners


by Service Provider

1. authorized service centers
2. independent service centers
3.others


by Vehicle Age

1. less than 5 years old
2. 5-10 years old
3. More than 10 years old


by Material

1. Metal
2. Plastic
3. others


by Technology

1. Mechanical
2. Electronic
3. Hybrid

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Heavy Duty Automotive Aftermarket Market Key Players: The key players are

1. Advance Auto Parts (USA)
2. O'Reilly Auto Parts (USA)
3. AutoZone (USA)
4. Genuine Parts Company (USA)
5. Canadian Tire (Canada)
6. Robert Bosch GmbH (Germany)
7. Continental AG (Germany)
8. Denso Corporation (Japan)
9. Magna International Inc. (Canada)
10. Valeo SA (France)
11. China Automotive Systems Inc. (China)
12. Aisin Seiki Co., Ltd. (Japan)
13. Hitachi Automotive Systems Ltd. (Japan)
14. ZF Friedrichshafen AG (Germany)
15. Knorr-Bremse AG (Germany)
16. AutoZone (Mexico)
17. Robert Bosch GmbH (Brazil)
18. DENSO Corporation (Mexico)
19. Hella GmbH & Co. KGaA (Mexico)
20. Continental AG (Brazil)
21. Bridgestone Corporation (Japan)
22. Valeo SA (France)
23. Continental AG (Germany)
24. Magneti Marelli S.p.A. (Italy)
25. Denso Corporation (Japan)

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Heavy Duty Automotive Aftermarket Market Regional Analysis:

Our analysts have also studied the global Heavy Duty Automotive Aftermarket market in the following regions:

  • America, North (the United States, Canada)
  • European Union (Germany, France, United Kingdom, Russia)
  • Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
  • Latin America (Brazil, Argentina, Colombia)
  • Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa) 

COVID-19 Impact Analysis on Heavy Duty Automotive Aftermarket Market: The detailed impact analysis of the COVID-19 pandemic on the global Heavy Duty Automotive Aftermarket market has also been included in the report.

Key Questions Answered in the Heavy Duty Automotive Aftermarket Market Report are:

  • What will be the CAGR of the Heavy Duty Automotive Aftermarket market during the forecast period (2023-2029)?
  • Which segment emerged as the leading segment in the Heavy Duty Automotive Aftermarket market in 2022?
  • Which are the key players in the Heavy Duty Automotive Aftermarket market?
  • What key trends are likely to emerge in the Heavy Duty Automotive Aftermarket market in the forecast period?

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