Global Medium/Heavy Commercial Vehicle Aftermarket Outlook, 2019

Global Medium/Heavy Commercial Vehicle Aftermarket Outlook, 2019

Manufacturer-level Revenue to Approach $100 Billion in 2019 Across 20 Key Markets

RELEASE DATE
30-Jul-2019
REGION
Global
Research Code: K35D-01-00-00-00
SKU: AU01871-GL-MO_23364

$4,950.00

Special Price $3,712.50 save 25 %

In stock
SKU
AU01871-GL-MO_23364

$4,950.00

$3,712.50 save 25 %

DownloadLink

Pay by invoice

ENQUIRE NOW

Description

The global commercial vehicles aftermarket is a large, but overlooked industry. Across the world, the average company spends nearly $5,000 a year on maintenance and repair parts for just one commercial truck, compared to less than $1,000 that a consumer spends for a passenger vehicle. The aim of this study is to identify the size of the global commercial vehicle parts and services aftermarket, and its growth opportunities in 2019. Commercial vehicles include medium and heavy-duty on-road trucks. Revenue includes parts only and excludes service. All revenue is measured at the manufacturer level and is expressed in US dollars. This research is the culmination of the work of Frost & Sullivan analysts located in regions throughout the world. Frost & Sullivan analysts have used multiple sources and statistical analysis in markets where information is missing to increase the confidence level of the research findings. Revenue is presented at the manufacturer, distributor and end-user levels. Covered markets include the United States, Canada, Mexico, Brazil, Argentina, the United Kingdom, Germany, France, Italy, Spain, Russia, Turkey, Saudi Arabia, South Africa, India, Japan, Thailand, Australia, Taiwan, and China. The research covers the impact of connected trucks on vehicle maintenance. This includes the penetration of truck telematics by region as well as an analysis of services offered. Other findings include results from a survey of fleets on the factors that most influence the purchase of telematics services such as prognostics and remote vehicle diagnostics. Respondents were also asked for which vehicle systems they would most like to access telematics data for the purposes of reducing truck maintenance costs. Growth opportunities and companies to action are covered as well. The research includes a global economic outlook with top trends for 2018 and predictions for 2019, as well as analysis of fastest-growing markets. It identifies the main factors that will influence the size of the global commercial vehicle aftermarket, as well as how the industry outlook varies from region to region. The findings cover developments in the global commercial vehicle aftermarket in 2018 that will have an impact during 2019. Data sources include primary and secondary research, existing Frost & Sullivan studies, statistical modeling and analysis. Other exhibits include spend per vehicle and market attractiveness analyses. To determine market attractiveness, Frost & Sullivan has analyzed each of the 20 countries for their growth outlook, barriers to entry, and economic competitiveness. The research ends with key conclusions and the future outlook.

Author: Stephen Spivey

RESEARCH: INFOGRAPHIC

This infographic presents a brief overview of the research, and highlights the key topics discussed in it.
Click image to view it in full size

Table of Contents

Key Highlights of 2018

Top 5 Predictions for 2019

2018 Spend Per Vehicle Analysis

2018 Spend Per Vehicle Analysis Discussion

2019 Market Attractiveness Analysis

2019 Market Attractiveness Analysis Discussion

Research Scope

Research Aims and Objectives

Key Questions this Study will Answer

Data Sources

Research Process

Top 2018 Global Economic Trends

Top 2019 Global Economic Predictions

Top 2019 Global Economic Predictions (continued)

Top 2019 Predictions—Advanced Economies

Top 2019 Predictions—Emerging Economies

World GDP Growth Snapshot

World’s 20 Fastest Growing Economies in 2018 and 2019

Country Outlook—US

Country Outlook—Canada

Country Outlook—Mexico

Country Outlook—Brazil

Country Outlook—Argentina

Country Outlook—UK

Country Outlook—Germany

Country Outlook—France

Country Outlook—Italy

Country Outlook—Spain

Country Outlook—Russia

Country Outlook—Turkey

Country Outlook—Saudi Arabia

Country Outlook—South Africa

Country Outlook—India

Country Outlook—Japan

Country Outlook—Thailand

Country Outlook—Australia

Country Outlook—Taiwan

Country Outlook—China

Global Installed Base of Connected Trucks by Region—A Snapshot

Regional MD-HD Truck Telematics Penetration

Key Telematics Services—Current and Future Scenario

Influential Factors in the Telematics Technology Purchase Process

Perceived Value of Prognostics Solution

Growth Opportunity—Transportation Service Providers

Strategic Imperatives for Success and Growth

The Last Word—Three Big Predictions

Legal Disclaimer

2019 Planned Research—Commercial Vehicle Aftermarket

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

Related Research
The global commercial vehicles aftermarket is a large, but overlooked industry. Across the world, the average company spends nearly $5,000 a year on maintenance and repair parts for just one commercial truck, compared to less than $1,000 that a consumer spends for a passenger vehicle. The aim of this study is to identify the size of the global commercial vehicle parts and services aftermarket, and its growth opportunities in 2019. Commercial vehicles include medium and heavy-duty on-road trucks. Revenue includes parts only and excludes service. All revenue is measured at the manufacturer level and is expressed in US dollars. This research is the culmination of the work of Frost & Sullivan analysts located in regions throughout the world. Frost & Sullivan analysts have used multiple sources and statistical analysis in markets where information is missing to increase the confidence level of the research findings. Revenue is presented at the manufacturer, distributor and end-user levels. Covered markets include the United States, Canada, Mexico, Brazil, Argentina, the United Kingdom, Germany, France, Italy, Spain, Russia, Turkey, Saudi Arabia, South Africa, India, Japan, Thailand, Australia, Taiwan, and China. The research covers the impact of connected trucks on vehicle maintenance. This includes the penetration of truck telematics by region as well as an analysis of services offered. Other findings include results from a survey of fleets on the factors that most influence the purchase of telematics services such as prognostics and remote vehicle diagnostics. Respondents were also asked for which vehicle systems they would most like to access telematics data for the purposes of reducing truck maintenance costs. Growth opportunities and companies to action are covered as well. The research includes a global economic outlook with top trends for 2018 and predictions for 2019, as well as analysis of fastest-growing markets. It identifies the main factors that will influence the size of the global commercial vehicle aftermarket, as well as how the industry outlook varies from region to region. The findings cover developments in the global commercial vehicle aftermarket in 2018 that will have an impact during 2019. Data sources include primary and secondary research, existing Frost & Sullivan studies, statistical modeling and analysis. Other exhibits include spend per vehicle and market attractiveness analyses. To determine market attractiveness, Frost & Sullivan has analyzed each of the 20 countries for their growth outlook, barriers to entry, and economic competitiveness. The research ends with key conclusions and the future outlook. Author: Stephen Spivey
More Information
No Index No
Podcast No
Author Stephen Spivey
Industries Automotive
WIP Number K35D-01-00-00-00
Is Prebook No
GPS Codes 9800-A6,9801-A6,9AF6-A6