The wheels segment can also be expected to point out steady progress in this market, owing to the low replacement cycle of tires as compared to other elements. Original Equipment Manufacturers have steadily increased their degree of activity and focus inside the automotive aftermarket industry worth chain by, for example, creating their networks of non-automotive brand-specific restore outlets. Key players aiming to maintain up with the vehicle-age pushed market have introduced second service codecs and second manufacturers or remanufactured parts to compete with independent gamers and keep clients of their networks longer. For instance, French carmaker PSA has made the independent significant part of its ‘Push to Pass’ 5-12 months progress technique.
The automotive aftermarket trade report provides an in depth analysis of the market and focuses on key aspects similar to main corporations, product varieties, and leading purposes of the product. Robert Bosch GmbH continues to lead the global automotive aftermarket trade gross sales. A sizeable automotive aftermarket division with the most comprehensive product range discovering intensive application in two and three-wheelers, LCVs and HCVs, Off-freeway purposes, Utility Vehicles, Buses among others. Also, the constant R&D efforts by element producers leading to technological developments, are a few of the …Read more →