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  • Novel Growth Avenues in the Global Medium- and Heavy-duty Commercial Vehicle Aftermarket
    Average miles driven and spend per vehicle to rise sharply and result in transformational growth

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    In 2021, the aftermarket rebounded strongly from the COVID-19 pandemic of 2020, as vehicles in operation (VIO), average miles driven, and spend per vehicle increased. However, parts shortages remain a year after the global economy has reopened, and the skilled labor shortage of truck drivers and service technicians is approaching critical levels. The aim of this study is to identify the size of the global medium- and heavy-duty commercial vehicle aftermarket and its growth opportunities in 2022. Commercial vehicles include medium- and heavy-duty on-road trucks. Revenue includes parts only and excludes service, unless otherwise noted. Revenue is measured at the manufacturer level and is expressed in US dollars. This research is the culmination of the work of Frost & Sullivan’s analysts located all over the world.

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