Commercial Vehicle Aftermarket Market
Commercial Vehicle Aftermarket Market Scope: Industry Analysis, Market Size, Growth, Trends Till
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2031
Commercial Vehicle Aftermarket Market Size and Growth
The Commercial Vehicle Aftermarket is forecasted to experience significant growth due to increasing demand for maintenance and repair services for commercial vehicles. The market size is projected to reach $109.5 billion by 2027. Key drivers include the aging commercial vehicle fleet and a rising emphasis on vehicle safety and efficiency.
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Companies Covered (Covid 19 Impact Covered)
◍ Bridgestone
◍ Denso
◍ Goodyear
◍ Michelin
◍ ZF
◍ Continental
◍ Delphi
◍ Tenneco
◍ Bosch
◍ 3M Company
Key players in the commercial vehicle aftermarket market include Bridgestone, Denso, Goodyear, Michelin, ZF, Continental, Delphi, Tenneco, Bosch, and 3M Company. These companies provide replacement parts, maintenance services, and accessories for commercial vehicles, contributing to the growth of the market. For example, Bridgestone reported sales revenue of $33.66 billion in 2020, Denso reported sales revenue of $40.5 billion in 2020, and Continental reported sales revenue of $44.5 billion in 2020.
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Market Segmentation
By Application
◍ LCV
◍ MCV
◍ HCV
By Product
◍ Wear and Tear Parts
◍ Crash Relevant Parts
◍ Maintenance Service
◍ Tire Service
◍ Other
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$ X Billion USD
Market Growth
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