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Study - USA - Medium & Heavy Truck Aftermarket to Exceed $12 Billion in 2010
CLEVELAND, OH,USA -MARKET WIRE -July 25, 2006: -- The U.S. aftermarket for medium- and heavy-duty (MD/HD) truck components and parts is projected to increase at an annual rate of 3.9 percent, exceeding $12 billion in 2010... Some segments of the market such as electronics and emissions controls are expected to experience faster growth... Aftermarket revenue growth will result from both the expected increases in the overall truck park and strong U.S. economic performance over the next five years... As new trucks replace old, demand for maintenance- and overhaul-related parts and components will decelerate... However, new exhaust emissions control systems -- especially those mandated for diesel engines -- will provide new opportunities for MD/HD suppliers, as new technologies are added to the mix and resulting higher underhood temperatures place greater stress on engines and related components. These and other trends are presented in "Medium- & Heavy-Duty Truck Aftermarket," a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm...
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