The global medium & heavy-duty commercial vehicle aftermarket is entering a transformation phase as aging vehicle fleets and technological advancements drive demand for replacement parts and connected services. By 2025, the industry is projected to grow by 4.3% year-over-year, reaching an estimated USD 159.4 billion. Growth is fueled by rising fleet retention rates, telematics-enabled predictive maintenance, and increased logistics activity in Asia-Pacific and Latin America. The shift to software-defined and electrified commercial vehicles is reshaping service models, while independent aftermarket channels expand alongside OEM networks.

• How have aging commercial vehicle fleets impacted the demand for replacement parts and services, and which regions are leading in terms of growth due to expanding transportation infrastructure?
• What growth prospects are accelerating the adoption of telematics and AI diagnostics that enable predictive maintenance?
• In what ways are megatrends like electrification and emissions compliance increasing the demand for specialized aftermarket parts?
• Which independent aftermarket distributors and traditional OEM service channels are poised for growth?