USD
GBP 
CNY 
EUR 
INR 
JPY 
MYR 
ZAR 
KRW 
THB 
Post COVID-19 Growth Opportunities in the Global Medium/Heavy Commercial Vehicle Aftermarket, 2020
Telematics Growth Allows Suppliers to Participate in New Sales Platforms
27-Oct-2020
Global
Market Research
K472-01-00-00-00
AU02034-GL-MT_24669
$4,950.00
Special Price $3,712.50 save 25 %
The COVID-19 pandemic will affect industries worldwide, but few can feel it as directly as the global commercial vehicles aftermarket. The collapse of economic activity in many regions means companies will drive their work trucks less, and they will spend less to maintain them. The aim of this study is to identify the size of the global commercial vehicle parts and services aftermarket, and its growth opportunities in 2020, given the unique challenges posed by the pandemic. Commercial vehicles include medium- and heavy-duty on-road trucks. Revenue includes parts only and excludes service. Revenue is measured at the manufacturer level and is expressed in US dollars. This research is the culmination of the work of Frost & Sullivan’s analysts located all over the world. Frost & Sullivan’s 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. The markets covered are 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. Growth opportunities and companies to action are covered as well. The research includes a global economic outlook with top trends for 2019 and predictions for 2020, as well as analysis of the COVID-19 pandemic on each region. 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 2019 that will have an impact on the market in 2020. 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 outlook for 2020.
Author: Stephen Spivey
Key Highlights of 2019
Top 5 Predictions for 2020
2019 Spend Per Vehicle Analysis
2019 Spend Per Vehicle Analysis Discussion
Research Scope
Geographic Scope
Research Aims and Objectives
Key Questions this Study will Answer
Data Sources
Research Process
COVID-19 Impact on World GDP Growth
COVID-19 Impact on Key Regions
COVID-19 Impact on the US and China
Global Medium and Heavy-duty Vehicles in Operation
2019–2020 Revenue and Spend Per Vehicle by Region
2019 Spend Per Vehicle Analysis
Global Average Annual Miles Driven—2019 and 2020
Global Distribution Channel Analysis
Fleet Telematics
Telematics Installed Base Growth Forecast—Possible Growth Scenarios
Growth Opportunities in the Truck Telematics Aftermarket
Key Policies and Regulations—2019
Regional Outlook—North America
North America Aftermarket Dashboard
Aftermarket Outlook—Revenue by Parts Type
VIO Ownership Pattern
Vehicles in Operation Model Mix—North America
Distribution Channel Analysis
Medium/Heavy Commercial Vehicle Aftermarket Opportunity Areas
Regional Outlook—Europe
Europe—Aftermarket Dashboard
Aftermarket Outlook—Revenue by Parts Type
VIO Ownership Pattern
Vehicles in Operation Model Mix—Europe
Distribution Channel Analysis
Medium/Heavy Commercial Vehicle Aftermarket Opportunity Areas
Regional Outlook—Latin America
Latin America Aftermarket Dashboard
Aftermarket Outlook—Revenue by Parts Type
VIO Ownership Pattern
Vehicles in Operation Model Mix
Distribution Channel Analysis
Medium/Heavy Commercial Vehicle Aftermarket Opportunity Areas
Regional Outlook
Aftermarket Dashboard
Aftermarket Outlook—Revenue by Parts Type
VIO Ownership Pattern
Vehicles in Operation Model Mix
Distribution Channel Analysis
Medium/Heavy Commercial Vehicle Aftermarket Opportunity Areas
Regional Outlook
Aftermarket Dashboard
Aftermarket Outlook—Revenue by Parts Type
VIO Ownership Pattern
Vehicles in Operation Model Mix
Distribution Channel Analysis
Medium/Heavy Commercial Vehicle Aftermarket Opportunity Areas
Growth Opportunity 1: Private Labeling to Attain Fast Market Share Growth in a New Product Category, 2020
Growth Opportunity 1: Private Labeling to Attain Fast Market Share Growth in a New Product Category, 2020 (continued)
Growth Opportunity 2: Brand Licensing to Win Recognition from New Customers, 2020
Growth Opportunity 2: Brand Licensing to Win Recognition from New Customers, 2020 (continued)
Growth Opportunity 3: Direct Importing to Reduce Product Acquisition and Distribution Costs, 2020
Growth Opportunity 3: Direct Importing to Reduce Product Acquisition and Distribution Costs, 2020 (continued)
Growth Opportunity 4: Specialization in Niche Products or Services to Maximize Profitability, 2020
Growth Opportunity 4: Specialization in Niche Products or Services to Maximize Profitability, 2020 (continued)
Growth Opportunity 5: Joint Ventures to Manufacture Overseas and Protect Quality, 2020
Growth Opportunity 5: Joint Ventures to Manufacture Overseas and Protect Quality, 2020 (continued)
The Last Word—3 Big Predictions
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
2020 Planned Research—Commercial Vehicle Aftermarket
Speak directly with our analytics experts for tailored recommendations.
Recent related Aftermarket research
17 Aug 2026 | Asia Pacific | Market Research
Passenger Vehicle and Light Commercial Vehicle Aftermarket, APAC, 2024–2032
In this research service, Frost & Sullivan has assessed the automotive aftermarket in the Asia-Pacific (APAC) region, focusing on Australia, China, Indonesia, Japan, Malaysia, and Thailand.
The research service provides an aftermarket overview for 2025, covering automotive aftermarket perfor...
13 Aug 2026 | Global | Market Research
AI in the Global Automobile Aftermarket
This analysis examines the AI applications reshaping the automotive aftermarket ecosystem, exploring key adoption areas, regional dynamics, emerging use cases, and AI-driven investments driving change in operations and business models. Structured into six core segments, the report focuses on major v...
23 Jul 2026 | Global | Market Outlook
Growth Opportunities in the Automotive Aftermarket, Global, 2026
The global automotive aftermarket for light vehicles (≤6T GVWR) continues to demonstrate resilience despite moderating momentum in new vehicle sales. With a base year of 2025, this study evaluates market trends through 2030, providing a global perspective with region-specific insights for North Am...
20 Jul 2026 | North America | Market Research
Passenger Car & Light Truck Driveline Components Aftermarket, North America, 2026–2032
This Frost & Sullivan analysis of the North American passenger car and light truck driveline components aftermarket examines the volume and value of the industry for driveline components, specifically driveshafts and U-joints, in North America. The report discusses replacement rates and average manu...
29 Jun 2026 | Europe | Market Research
Passenger Vehicle Replacement Lead-Acid Battery Aftermarket, Europe, 2026–2032
The European lead-acid battery market for cars holds strong importance in the transport sector. These batteries remain the go-to choice for starting, lighting, and ignition (often called SLI) in vehicles with internal combustion engines, mild hybrids, and micro-hybrids that feature start-stop system...
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Predecessor | K35D-01-00-00-00 |
| Author | Stephen Spivey |
| Industries | Automotive |
| WIP Number | K472-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9800-A6,9B01-A6,9801-A6,9963-A6,9694 |