US HEAVY DUTY AFTERMARKET MARKET

INTRODUCTION

The word "aftermarket" refers to accessories and items added after a car has left the factory. The market is projected to continue to rise as a result of the emergence of 3D printing in the automotive aftermarket sector and the rising demand for hybrid and all-electric vehicles.

One of the main elements promoting the expansion of the US automobile parts aftermarket is the benefits of genuine replacement components. One of the most significant aftermarket trends in the United States is the expanding availability of automotive parts on online shopping sites.

US HEAVY DUTY AFTERMARKET MARKET DEVELOPMENTS AND INNOVATIONS

Federal and international institutions as well as regional regulatory bodies like the U.S. Environmental Protection Agency have made an effort in order to acquire a competitive edge and take control of a sizeable portion of the market, the industry is observing a trend of strategic alliances and cooperation between collision repair facilities and top auto insurance companies.

For instance, certified auto repair businesses across the United States are affiliated with Utica Mutual Insurance Company, State Farm Mutual Automobile Insurance Company, and Progressive Casualty Insurance Company.

An international group called NSF International establishes safety and damage standards for aftermarket auto parts. In order to meet NSF criteria, manufacturers are also emphasising the production of certified parts.

DIY customers are very price-conscious, and the expansion of e-commerce has made it possible for customers to choose online stores in order to make affordable purchases, which has increased the overall sales of aftermarket components.

US HEAVY DUTY AFTERMARKET MARKETCOMPETITIVE LANDSCAPE

Since the aftermarket business has generated attractive margins and profits in the expanding market, the automobile industry has seen a significant increase in sales of OEMs and aftermarket components in the U.S. The aftermarket sales have seen a considerable uptick because of the expanding need for prompt maintenance and parts activities for cars.Government rules pertaining to the market for heavy-duty vehicles and strict emission standards are what drive the automotive aftermarket.

3M is a global scale and European developer of the heavy-duty systems in the market. It has brought in the tough aluminium hub especially created to accept RX flaps for peening applications is the 3M Heavy Duty Roto Peen Hub Assembly. The use of any RX flap is possible for operators thanks to this abrasive addition.

In addition to providing a more hygienic option to conventional peening techniques like sandblasting, it houses HD Rotopeen flap assemblies. This Heavy Duty Roto Peen Hub Assembly offers a cleaner, more user-friendly peening operation by removing debris.

Continental Automotive is part of the component manufacture trending companies in the current industry.  These are Heavy-duty truck, bus, and off-road equipment uses are the sole focus of the heavy-duty trucks' belts design.

In order to offer even support for the weight carrying tensile cord, they have reinforced cushion sections made of heat- and oil-resistant grade synthetic rubber compression sections. These are also included in the precision moulded cog structure, which provides increased flexibility over small, high-speed pulleys and enables cooler operation.

US HEAVY DUTY AFTERMARKET MARKETCOMPANIES PROFILED

• Magna International Inc.
• Continental AG
• ZF Friedrichshafen AG
• DENSO Corporation
• Lear Corporation
• Toyota Motor Corporation
• BayoTech
• Siemens Energy
• GENH2
• Hexagon Purus
• FuelCell Energy Inc