Class 6-8 Powertrain, Aftermarket Revenue Could Reach $3.2 Billion in 2012
evenues in the North American Class 6-8 truck powertrain systems and components aftermarket could reach $3.2 billion by 2012, driven by increased truck demand, according to a study released Wednesday by Frost & Sullivan.
Growth will be strongest between 2007 and 2009 as older on-road trucks become candidates for replacements, Frost & Sullivan said.
The study also indicates that the average age of class 6-8 trucks will increase during the 2007 to 2009 period due to extensive pre-buying of pre-2007 vehicles, which carriers snapped up in anticipation of stricter emissions standards that will go into effect in 2007.
Such practices will contribute the growth of the remanufactured engine and components aftermarket while similarly influencing the manufactured transmissions and components aftermarket, according to the study.
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