Tag: aftermarket growth

Five Numbers That Define Asia Pacific’s Aftermarket Future

T.Murrali

Aftermarket’s success increasingly hinges on regional integration, working closely with local governments and suppliers, rather than treating Asia Pacific as one uniform market. Asia Pacific’s aftermarket revenue is envisaged to reach $239.8 billion by 2032, growing 6.9% annually, more than twice the pace of vehicle population growth, as vehicles age and grow more complex. China […]

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Aftermarket on the Rise as Ageing Vehicles, Digital Shift Reshape the Industry

T.Murrali

The aftermarket is evolving beyond simple part replacement, playing a vital role in keeping vehicles reliable, efficient and connected throughout their life. The global automotive parts aftermarket is quietly entering a phase of steady and sustained expansion. As vehicles stay on the road longer and usage continues to rise, the need for regular maintenance and part replacement […]

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