North American Class 4-8 Truck Axle Differential Aftermarket 2021-2027: Remanufactured Units are Top Choice for Customers and Open Up Strategic Partnering Growth Opportunities
Dublin, Sept. 01, 2021 (GLOBE NEWSWIRE) -- The "North American Class 4-8 Truck Axle Differential Aftermarket - Evolving Market Conditions and Technology Trends Challenge Suppliers" report has been added to ResearchAndMarkets.com's offering.
This research service on the class 4-8 axle differential aftermarket in North America forecasts market size through 2027; the base year is 2020, and the study period is 2017 to 2027. The study analyzes key medium-duty (MD) and heavy-duty (HD) truck axle differential replacement trends in the aftermarket.
Market forecasts are derived from miles driven, usage patterns, replacement rate, and total vehicles in operation (VIO). The study breaks down the axle differential aftermarket by unit shipment, revenue, distribution channel, and price. The competitive environment for remanufactured or new axle differential units is examined, and the top aftermarket competitors are profiled.
The North American class 4-8 truck axle differential aftermarket is mature, and the well-established participants have built strong relationships across all distribution channels. The axle differential aftermarket is a low-volume market as these components are typically built to last a truck's entire life cycle.
Furthermore, axle differentials are not required to be replaced in pairs if the vehicle is equipped with a tandem or tridem axle assembly. In addition, fleets or owner-operators who commonly require the replacement of axle differentials are deploying older vehicles aged 10 or more years.
These customers are highly price sensitive and look for low-cost replacement of axle differentials as their vehicle's useful life nears its end. As a result, remanufactured axle differentials are the primary choice of customers in the aftermarket due to their lower cost compared to new axle differentials and notable high-quality units with warranty coverage. The study concludes with a discussion of 3 growth opportunities players in this space can use to take action.
Key Topics Covered:
1. Strategic Imperatives
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top Three Strategic Imperatives on the Axle Differential Aftermarket
Growth Opportunities Fuel the Growth Pipeline Engine
2. Executive Summary
Key Takeaways
Key Growth Metrics
Class 4-8 Truck Axle Differential Aftermarket Unit Shipment and Revenue Forecast
3. Research Scope
Class 4-8 Truck Axle Differential Aftermarket Research Scope
4. Definitions and Segmentation
Product Segmentation
Vehicle and Technology Segmentation
Product Definitions
Market Definitions
5. Market Demand Analysis
COVID-19 Impact on Axle Aftermarket
VIO Forecast - Split by Class
Annual Vehicle Miles Traveled Forecast
Case Impact on Axle Differential Aftermarket for 2027
Axle Technology Trends
6. Class 4-8 Truck Axle Differential Aftermarket Forecast
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast by Vehicle Segment
Overall Pricing Analysis Forecast by Vehicle Segment
Percent Unit Shipment Forecast by Distribution Channel
7. Market Forecasts-MD (Class 4-6) Truck Axle Differential Aftermarket
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast by New and Remanufactured
Remanufactured MD Unit Shipment and Revenue Forecast
New MD Unit Shipment and Revenue Forecast
Pricing Analysis Forecast by New and Remanufactured
Percent Unit Forecast by Distribution Channel
8. Market Forecasts-HD (Class 7-8) Truck Axle Differential Aftermarket
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast by New and Remanufactured
Remanufactured HD Unit Shipments and Revenue Forecast
New HD Unit Shipments and Revenue Forecast
Pricing Analysis Forecast by New and Remanufactured
Percent Unit Shipment Forecast by Distribution Channel
9. Competitive Analysis
Competitive Landscape Overview
Competitive Benchmarking
Supplier Profile - Dana Limited
Supplier Profile - Meritor, Inc.
Remanufacturer Profiles
10. Growth Opportunities
Growth Opportunity 1 - eAxles, 2021
Growth Opportunity 2 - System Integration, 2021
Growth Opportunity 3 - Remanufacturing, 2021
11. The Last Word
For more information about this report visit https://www.researchandmarkets.com/r/ek3mwi
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