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The share of four- to seven-year-old vehicles in the commercial vehicle (CV) parc is forecast to rise from 17% in 2016 to 21% in 2025, opening opportunities for aftermarket products and services. This widening of the addressable market will intensify the competition between independent aftermarket (IAM) and original equipment manufacturers (OEMs), and result in the expansion of OE service (OES) channels.
OEMs are expected to flood the aftermarket with economy-line products for post-warranty trucks as well as attract new classes of buyers with innovative logistics models, such as Uber for trucks and Big Data analytics for total cost of ownership optimization.
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