Abstract
Overview
Introduction
The global aftermarket is forecast to show continued growth over the next few
years. However the pattern of expansion will be uneven, with strong growth in
the developing markets countering more modest growth in the developed markets.
This brief assesses the factors behind the development of the sector, and the
implications for market participants.
Scope
- The brief assesses the value of the global aftermarket and changing
patterns of expenditure.
- What are the five key trends that will drive the market? What can
participants do now to improve their chances of success?
Report Highlights
The global aftermarket is a huge sector - worth over €600 billion in 2005 and
forecast to show continued growth over the coming years. However the pattern
of expansion will be uneven, with strong growth in the developing markets of
Asia, Eastern Europe and the Middle East / Africa countering more modest
growth in the developed markets.
To be successful, market players will have to work with five key underlying
trends - uneven levels of car parc growth by geographic region, the trend
towards better quality OE and replacement parts, rising commodity prices, the
trend towards remanufactured products and continued merger and acquisition
activity.
Reasons to Purchase
- Identify the trends that will affect your company, and how you can take
action in order to either protect yourself or fully reap the benefits.
- Understand the value of the global aftermarket, by region, and how this is
predicted to change in the next few years.
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