HDT Fact Book: Parts & Services
Fleets operating a minimum of 500 Class 6-8 power units constitute 35% of the total aftermarket demand. Fleets who operate less than 25 Class 6-8 power units represent nearly equal the demand of large fleets — 33%. Source: MacKay & Company
According to an independent analysis, customers would prefer a new engine part over a remanufactured part when considering engine control modules, fan clutches and oil pumps. When a remanufactured part is preferred, it is always preferred to be the remanufactured part from the OE that originally installed the part, typically by a margin of 2:1. Source: IHS Automotive Powered by Polk
While tire replacement shipments increased year over year from 2011-2013, the average cost of replacement tires also saw movement, ranging from $401.27 in 2011, to $425 in 2012 and back down to $423.50 in 2013. Sales increased from $6.3 billion in 2011 to $7.2 billion in 2013. Source: Modern Tire Dealer
Since the Great Recession, aftermarket demand has posted year-over-year growth, climbing to its current value of $22.5B. Given that between 2010 and 2013 average price increases equal 1.8%, year-over-year growth was between 0.04% – 2.8%. Source: MacKay & Company
The original equipment dealer has maintained approximately 42% share of the aftermarket parts demand for nearly the last decade. The dealer’s share peaked at 44% in 2003. Source: MacKay & Company