Frost & Sullivan Podcasts

High-growth Opportunities in the Global Medium / Heavy Commercial Vehicle Aftermarket

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Topic Discussed : Global Medium/Heavy Commercial Vehicle Aftermarket Outlook, 2019Speakers: Stephen SpiveyKey Takeaways:The global medium and heavy truck aftermarket is a large, but often overlooked sector of the transportation industry. Although there are fewer commercial vehicles in use worldwide in comparison to passenger cars/trucks, companies spend more than five times as much on parts and service to keep them in service. This creates significant market opportunities for manufacturers, distributors, service providers, technology vendors and global investors, among other stakeholder groups.This research is the culmination of the work of Frost & Sullivan analysts located in regions throughout the world. It presents key industry highlights for 2018 and predictions for 2019, supported by comparative market metrics across 20 countriesThe vehicle scope includes on-road medium and heavy trucks. The product scope includes all post-warranty replacement parts, chemicals and accessories covering commercial vehi