Heavy-Duty Automotive Aftermarket Market Size and Growth
The global heavy-duty automotive aftermarket industry is experiencing steady growth due to increasing demand for vehicle maintenance and repairs. The market size is estimated to be $28.5 billion in 2021, with a projected CAGR of 3.5% from 2021 to 2026. Key factors driving market growth include rising vehicle sales, technological advancements, and increasing vehicle age.
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Companies Covered (Covid 19 Impact Covered)
◍ Bridgestone
◍ Michelin
◍ Continental
◍ Goodyear
◍ Bosch
◍ Tenneco
◍ ZF
◍ Denso
◍ 3M Company
◍ Delphi
The heavy-duty automotive aftermarket market is highly competitive with major players such as Bridgestone, Michelin, Continental, Goodyear, Bosch, Tenneco, ZF, Denso, 3M Company, and Delphi. These companies provide a wide range of products and services to enhance the performance and efficiency of heavy-duty vehicles, contributing to the growth of the aftermarket market.
- Bridgestone: $33.22 billion
- Michelin: $28.99 billion
- Continental: $46.55 billion
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Market Segmentation
◍ Class 4 to Class 6
◍ Class 7 and Class 8
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