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Industry Landscape

The heavy-duty truck parts industry is experiencing steady growth driven by increasing freight demand and aging vehicle fleets. Digitalization of procurement and e-commerce platforms are gaining traction, providing greater access and efficiency. Supply chain resilience and inventory management remain critical factors amidst fluctuating demand and production challenges.

Industries:
Truck PartsCommercial VehiclesAftermarketLogisticsSupply Chain

Total Assets Under Management (AUM)

US Commercial Vehicle Aftermarket Size in United States

~Approximately $30-40 billion USD

(3-5% CAGR)

- Aftermarket parts demand driven by vehicle age.

- Increased e-commerce adoption.

- Focus on maintenance and repairs over new vehicle purchases.

Total Addressable Market

40 billion USD

Market Growth Stage

Low
Medium
High

Pace of Market Growth

Accelerating
Deaccelerating

Emerging Technologies