Global and Japan Heavy-Duty Automotive Aftermarket Market Size, Status and Forecast 2021-2027

The automotive aftermarket is the secondary market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories.
Asia Pacific emerged as the leading regional market in terms of revenue in 2019. Rise in number of trucks in developing nations such as China and India is expected to drive demand for aftermarket components over the forecast period. China is the largest consumption region with a share of 33.2% in 2019.

Market Analysis and Insights: Global Heavy-Duty Automotive Aftermarket Market
The global Heavy-Duty Automotive Aftermarket market size is projected to reach US$ 168460 million by 2027, from US$ 117160 million in 2020, at a CAGR of 5.3% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Heavy-Duty Automotive Aftermarket market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Heavy-Duty Automotive Aftermarket market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Heavy-Duty Automotive Aftermarket market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Heavy-Duty Automotive Aftermarket market.

Global Heavy-Duty Automotive Aftermarket Scope and Market Size
Heavy-Duty Automotive Aftermarket market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Heavy-Duty Automotive Aftermarket market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment 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.

Segment 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.

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Bridgestone
Michelin
Continental
Goodyear
Bosch
Tenneco
ZF
Denso
3M Company
Delphi