Search results for: 'aging metering'

The global medium- and heavy-duty commercial vehicle aftermarket is undergoing a structural transition. In 2025, global sales of new medium- and heavy-duty trucks declined by approximately 4.1% compared to 2024, driven by lower new-vehicle sales. This growth trend is expected to persist throughout the first half of 2026.Despite weaker new truck sal...

The North American medium and heavy-duty commercial vehicle (CV) electronic service tools (EST) market is experiencing gradual and sustained growth, driven by interesting industry dynamics, such as advancements in vehicle complexity, a growing focus on vehicle efficiency and fuel economy, the increasing demand for a well-rounded fleet management pa...

19 Aug 2020  |  Global  |  Market Research

Digital Business Models Mitigating COVID-19 Implications on Global Aftermarket Performance in 2020

Resilience From an Aging Vehicle Parc, Complemented By Digitization of the Value Chain to Usher in Post-pandemic Revival of the Automotive Aftermarket

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Key Issues Addressed

This study evaluates the trajectories of global economic recovery in the aftermath of the pandemic and elucidates the medium-term impact of muted demand and supply on aftermarket revenues for 2020. Taking the long-term view, the study also underscores growth opportunities and evolving business models that, if leveraged on, will aid the aftermarket’...

In this research service, Frost & Sullivan has assessed the automotive aftermarket's performance for 2023 and identified various trends that influence demand for replacement parts, repairs, and maintenance. It has also examined qualitative and quantitative industry features. The study period is 2023 2028, with 2023 as the base year and 2024 2028...

The global bus industry is estimated to reach 2,34,000 units in 2024. The strong growth will be due to the bounce back in volumes in India and a healthy increase in Europe. Transit bus demand grew due to aging fleet replacement and government subsidies for alternate powertrains, while coach bus growth was driven by the thriving tourism industry and...

The rise of centennial humans highlights a structural shift in demographics, economies, and care, driven by longer life expectancy and advances in healthcare. The global population is aging rapidly, with centenarians increasing at a faster rate, especially in aging societies such as Japan and parts of Europe, and gradually in countries such as Indi...

The residential battery storage market is being spurred on by feed-in tariff and net metering revisions in residential PV hotspots, subsidies and tax incentives, rapid reductions in lithium-ion battery prices, and rising electricity tariffs. This is resulting in a shift from policy-driven markets for solar power grid trade to self-consumption-drive...

Economic recovery post the pandemic, increased demand for freight, and replacement of aging truck fleets will all provide a boost to commercial vehicle (CV) sales in 2021. The shift in last mile delivery will be the most significant trend impacted by COVID-19, resulting in the emergence of tailored last mile delivery solutions that address dynamic ...

This research analyzes the Brazilian agricultural tractor aftermarket. It examines market service and maintenance trends, evaluating market demand for select aftermarket components. Year-round harvests, an aging fleet, and high fleet utilization are driving year-on-year agricultural tractor growth in Brazil. Agriculture original equipment manufactu...