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Global Heavy-Duty Automotive Aftermarket Market Size By Segmentations, Top Key Players, Trend, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 11/23/2022
  • NO OF PAGES
  • 247
  • CATEGORY
  • Automotive & Transportation
The competitive landscape analysis of Heavy-Duty Automotive Aftermarket Market uncovers detailed company profiles, revenue shares, portfolio innovations, regional product footprint, key developmental strategies, pricing structure, target markets, and near-term plans of market leaders. This entire section helps readers gain an essence of what is driving competition and what would help them stand out to win new target markets.

Market estimates and forecast are backed by an extensive primary research, further complemented by on-point secondary research of Heavy-Duty Automotive Aftermarket Market. The research analysts have invested significant time and effort in gathering critical industry information from KIPs such as OEMs, top suppliers and distributors, and government bodies.

Market Segmentations:
Global Heavy-Duty Automotive Aftermarket Market: Top Key Players
Bridgestone
Michelin
Continental
Goodyear
Bosch
Tenneco
ZF
Denso
3M Company
Delphi

Heavy-Duty Automotive Aftermarket Breakdown Data by Type
Class 4 to Class 6
Class 7 and Class 8
The segment of class 7 and class 8 dominated the market with a share of 70.5% in 2019 and is expected to retain its dominance through 2026.

Heavy-Duty Automotive Aftermarket Breakdown Data by Application
DIY
OE Seller
DIFM
On the basis of service channel, the market has been segmented into do it yourself (DIY), do it for me (DIFM), and original equipment (OE) seller. The DIFM segment dominated the market with a share of 75.2% in 2019 and is expected hold a majority share over the forecast period.

Global Heavy-Duty Automotive Aftermarket Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

Reasons to Purchase Heavy-Duty Automotive Aftermarket Market Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Heavy-Duty Automotive Aftermarket Revenue
1.4 Market Analysis by Type
1.4.1 Global Heavy-Duty Automotive Aftermarket Market Size Growth Rate by Type: 2022 VS 2030
1.4.2 Class 4 to Class 6
1.4.3 Class 7 and Class 8
1.5 Market by Application
1.5.1 Global Heavy-Duty Automotive Aftermarket Market Share by Application: 2022 VS 2030
1.5.2 DIY
1.5.3 OE Seller
1.5.4 DIFM
1.6 Coronavirus Disease 2019 (Covid-19): Heavy-Duty Automotive Aftermarket Industry Impact
1.6.1 How the Covid-19 is Affecting the Heavy-Duty Automotive Aftermarket Industry
1.6.1.1 Heavy-Duty Automotive Aftermarket Business Impact Assessment - Covid-19
1.6.1.2 Supply Chain Challenges
1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
1.6.2 Market Trends and Heavy-Duty Automotive Aftermarket Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.6.3.2 Proposal for Heavy-Duty Automotive Aftermarket Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered

2 Global Growth Trends by Regions
2.1 Heavy-Duty Automotive Aftermarket Market Perspective (2016-2030)
2.2 Heavy-Duty Automotive Aftermarket Growth Trends by Regions
2.2.1 Heavy-Duty Automotive Aftermarket Market Size by Regions: 2016 VS 2022 VS 2030
2.2.2 Heavy-Duty Automotive Aftermarket Historic Market Share by Regions (2016-2021)
2.2.3 Heavy-Duty Automotive Aftermarket Forecasted Market Size by Regions (2022-2030)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porter’s Five Forces Analysis
2.3.5 Heavy-Duty Automotive Aftermarket Market Growth Strategy
2.3.6 Primary Interviews with Key Heavy-Duty Automotive Aftermarket Players (Opinion Leaders)

3 Competition Landscape by Key Players
3.1 Global Top Heavy-Duty Automotive Aftermarket Players by Market Size
3.1.1 Global Top Heavy-Duty Automotive Aftermarket Players by Revenue (2016-2021)
3.1.2 Global Heavy-Duty Automotive Aftermarket Revenue Market Share by Players (2016-2021)
3.1.3 Global Heavy-Duty Automotive Aftermarket Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Heavy-Duty Automotive Aftermarket Market Concentration Ratio
3.2.1 Global Heavy-Duty Automotive Aftermarket Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Heavy-Duty Automotive Aftermarket Revenue in 2021
3.3 Heavy-Duty Automotive Aftermarket Key Players Head office and Area Served
3.4 Key Players Heavy-Duty Automotive Aftermarket Product Solution and Service
3.5 Date of Enter into Heavy-Duty Automotive Aftermarket Market
3.6 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type (2016-2030)
4.1 Global Heavy-Duty Automotive Aftermarket Historic Market Size by Type (2016-2021)
4.2 Global Heavy-Duty Automotive Aftermarket Forecasted Market Size by Type (2022-2030)

5 Heavy-Duty Automotive Aftermarket Breakdown Data by Application (2016-2030)
5.1 Global Heavy-Duty Automotive Aftermarket Market Size by Application (2016-2021)
5.2 Global Heavy-Duty Automotive Aftermarket Forecasted Market Size by Application (2022-2030)

6 North America
6.1 North America Heavy-Duty Automotive Aftermarket Market Size (2016-2021)
6.2 Heavy-Duty Automotive Aftermarket Key Players in North America (2016-2021)
6.3 North America Heavy-Duty Automotive Aftermarket Market Size by Type (2016-2021)
6.4 North America Heavy-Duty Automotive Aftermarket Market Size by Application (2016-2021)

7 Europe
7.1 Europe Heavy-Duty Automotive Aftermarket Market Size (2016-2021)
7.2 Heavy-Duty Automotive Aftermarket Key Players in Europe (2016-2021)
7.3 Europe Heavy-Duty Automotive Aftermarket Market Size by Type (2016-2021)
7.4 Europe Heavy-Duty Automotive Aftermarket Market Size by Application (2016-2021)

8 China
8.1 China Heavy-Duty Automotive Aftermarket Market Size (2016-2021)
8.2 Heavy-Duty Automotive Aftermarket Key Players in China (2016-2021)
8.3 China Heavy-Duty Automotive Aftermarket Market Size by Type (2016-2021)
8.4 China Heavy-Duty Automotive Aftermarket Market Size by Application (2016-2021)

9 Japan
9.1 Japan Heavy-Duty Automotive Aftermarket Market Size (2016-2021)
9.2 Heavy-Duty Automotive Aftermarket Key Players in Japan (2016-2021)
9.3 Japan Heavy-Duty Automotive Aftermarket Market Size by Type (2016-2021)
9.4 Japan Heavy-Duty Automotive Aftermarket Market Size by Application (2016-2021)

10 Southeast Asia
10.1 Southeast Asia Heavy-Duty Automotive Aftermarket Market Size (2016-2021)
10.2 Heavy-Duty Automotive Aftermarket Key Players in Southeast Asia (2016-2021)
10.3 Southeast Asia Heavy-Duty Automotive Aftermarket Market Size by Type (2016-2021)
10.4 Southeast Asia Heavy-Duty Automotive Aftermarket Market Size by Application (2016-2021)

11 India
11.1 India Heavy-Duty Automotive Aftermarket Market Size (2016-2021)
11.2 Heavy-Duty Automotive Aftermarket Key Players in India (2016-2021)
11.3 India Heavy-Duty Automotive Aftermarket Market Size by Type (2016-2021)
11.4 India Heavy-Duty Automotive Aftermarket Market Size by Application (2016-2021)

12 Central & South America
12.1 Central & South America Heavy-Duty Automotive Aftermarket Market Size (2016-2021)
12.2 Heavy-Duty Automotive Aftermarket Key Players in Central & South America (2016-2021)
12.3 Central & South America Heavy-Duty Automotive Aftermarket Market Size by Type (2016-2021)
12.4 Central & South America Heavy-Duty Automotive Aftermarket Market Size by Application (2016-2021)

13 Key Players Profiles
13.1 Bridgestone
13.1.1 Bridgestone Company Details
13.1.2 Bridgestone Business Overview and Its Total Revenue
13.1.3 Bridgestone Heavy-Duty Automotive Aftermarket Introduction
13.1.4 Bridgestone Revenue in Heavy-Duty Automotive Aftermarket Business (2016-2021)
13.1.5 Bridgestone Recent Development
13.2 Michelin
13.2.1 Michelin Company Details
13.2.2 Michelin Business Overview and Its Total Revenue
13.2.3 Michelin Heavy-Duty Automotive Aftermarket Introduction
13.2.4 Michelin Revenue in Heavy-Duty Automotive Aftermarket Business (2016-2021)
13.2.5 Michelin Recent Development
13.3 Continental
13.3.1 Continental Company Details
13.3.2 Continental Business Overview and Its Total Revenue
13.3.3 Continental Heavy-Duty Automotive Aftermarket Introduction
13.3.4 Continental Revenue in Heavy-Duty Automotive Aftermarket Business (2016-2021)
13.3.5 Continental Recent Development
13.4 Goodyear
13.4.1 Goodyear Company Details
13.4.2 Goodyear Business Overview and Its Total Revenue
13.4.3 Goodyear Heavy-Duty Automotive Aftermarket Introduction
13.4.4 Goodyear Revenue in Heavy-Duty Automotive Aftermarket Business (2016-2021)
13.4.5 Goodyear Recent Development
13.5 Bosch
13.5.1 Bosch Company Details
13.5.2 Bosch Business Overview and Its Total Revenue
13.5.3 Bosch Heavy-Duty Automotive Aftermarket Introduction
13.5.4 Bosch Revenue in Heavy-Duty Automotive Aftermarket Business (2016-2021)
13.5.5 Bosch Recent Development
13.6 Tenneco
13.6.1 Tenneco Company Details
13.6.2 Tenneco Business Overview and Its Total Revenue
13.6.3 Tenneco Heavy-Duty Automotive Aftermarket Introduction
13.6.4 Tenneco Revenue in Heavy-Duty Automotive Aftermarket Business (2016-2021)
13.6.5 Tenneco Recent Development
13.7 ZF
13.7.1 ZF Company Details
13.7.2 ZF Business Overview and Its Total Revenue
13.7.3 ZF Heavy-Duty Automotive Aftermarket Introduction
13.7.4 ZF Revenue in Heavy-Duty Automotive Aftermarket Business (2016-2021)
13.7.5 ZF Recent Development
13.8 Denso
13.8.1 Denso Company Details
13.8.2 Denso Business Overview and Its Total Revenue
13.8.3 Denso Heavy-Duty Automotive Aftermarket Introduction
13.8.4 Denso Revenue in Heavy-Duty Automotive Aftermarket Business (2016-2021)
13.8.5 Denso Recent Development
13.9 3M Company
13.9.1 3M Company Company Details
13.9.2 3M Company Business Overview and Its Total Revenue
13.9.3 3M Company Heavy-Duty Automotive Aftermarket Introduction
13.9.4 3M Company Revenue in Heavy-Duty Automotive Aftermarket Business (2016-2021)
13.9.5 3M Company Recent Development
13.10 Delphi
13.10.1 Delphi Company Details
13.10.2 Delphi Business Overview and Its Total Revenue
13.10.3 Delphi Heavy-Duty Automotive Aftermarket Introduction
13.10.4 Delphi Revenue in Heavy-Duty Automotive Aftermarket Business (2016-2021)
13.10.5 Delphi Recent Development

14 Analyst's Viewpoints/Conclusions

15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details

Quality Assurance Process

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We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




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To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.


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