The Impact of New Technologies on the Aftermarket Industry

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Originally Aired - Thursday, November 4 11:00 AM - 12:00 PM

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Event Location

Location: The Venetian, Marco Polo 701


Event Information

Title: The Impact of New Technologies on the Aftermarket Industry

Description:

This study analyzed the impact of CASE technologies on the growth of the U.S. aftermarket through 2030. The U.S. aftermarket is a very resilient industry. It is one sector of the automotive value chain that has demonstrated its ability to overcome difficult times over the past couple of decades, specially in times of crisis. 

We modeled $101B worth of aftermarket parts across a range of traditional aftermarket product groups, mild growth is expected across all categories, with heavier growth in parts related to CASE technologies.

Attendees will learn:

  • Total Cost of Ownership parity between EVs and ICE vehicles will arrive in < 5 years

  • L4/L5 automation is far out, however, there will be plenty of L1-L3 automation in the forecasted window

  • We expect the size of the aftermarket in the U.S. to grow by $100B from 2020 levels to $382B in 2030.

Type: AAPEX General Session


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