Search results for: 'part making industry'

The automotive aftermarket is a significant contributor to waste and pollution including fluids, batteries, greenhouse gases, and used materials from parts. The circular economy is an alternative economic model that focuses on reducing waste and pollution by keeping products and materials in use for as long as possible. Remanufacturing, which is th...

The Future of the United States explores the transformative trends shaping national competitiveness, economic resilience, and technological leadership through 2035. US energy policy is reinforcing fossil fuel expansion while navigating the growth of renewables, addressing increasing electricity demand from AI-intensive industries, and modernizing t...

Although artificial intelligence (AI) has been around for decades, and the contact center industry has been leveraging it for years, recent advancements in AI have rapidly accelerated. The latter half of 2024 spouted industry excitement for next-level GenAI - agentic AI, also sometimes called autonomous AI. Agentic AI can act as the glue for orches...

The laboratory information management systems (LIMS) industry in the United States and Europe is forecast to grow from 2023 to 2027 at a CAGR of 8.8% and 6.3%, respectively, driven by the increasing need for laboratory automation, regulatory compliance, and cloud-based solutions. Prominent players in the US and EU LIMS industries, such as ThermoFis...

An increasing focus on biologics, genomics, and multi-omics; the adoption of digital technologies; and a shift to patient-centric models are transforming the life sciences industry. At the same time, the emergence of value-based models, R&D activities to treat complex diseases, and healthcare consumerism provide an impetus to precision medicine. Wi...

This report covers the aftermarket for Class 1–3 vehicles’ brake pads, brake rotors, brake calipers, compressors, radiators, batteries, air filters, oil filters, cabin air filters, spark plugs, starters, alternators, and wipers in terms of volume (in million units) and value ($ million) across the United States and Canada. It highlights the unit sh...

Fifth-generation (5G) technology represents a fundamental shift in communication network architectures and accelerates revenue potential through innovative services that 5G-enabled smartphones, tablets, laptops, and Internet of Things (IoT) devices facilitate. This breakthrough technology delivers a potent combination of network capabilities and fl...

The automotive aftermarket parts trade is undergoing an evolution, largely influenced by the adoption of digital technologies. By 2030, approximately $153 billion in parts and accessories will be sold from the online channel worldwide, which represents significant penetration in most regional markets. Frost & Sullivan has been conducting research o...

07 Apr 2023  |  North America  |  Market Research

Latin American Automotive Aftermarket Growth Opportunities

Aging Car Parc and Shortage of New Cars and Auto Parts Drive Future Growth Potential

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This research service examines the qualitative and quantitative aspects of the automotive aftermarket in Latin America by evaluating its performance and identifying the various trends that have an impact on the demand for replacement parts, repair, and maintenance. The study takes a detailed look at the automotive aftermarket in five Latin American...