This research service analyzes key trends in the engine replacement aftermarket for vehicles in classes 1, 2, and 3 (Class 1–3 vehicles) in North America, providing forecasts for the market size between 2022 and 2028. The engine replacement segments covered are new, used, rebuilt, and remanufactured products. Market forecasts are derived from the miles driven, usage patterns, replacement rates, technology & market trends, new vehicle sales, and total vehicles in operation (VIO). The study also provides a breakdown of the engine replacement aftermarket by unit shipment, revenue, distribution channel, and price. The analysis includes an overview of the competitive environment, including supplier profiles and the market shares of the top participants.
The North American class 1–3 vehicles engine replacement aftermarket is mature, with well-established participants that have built strong relationships across all distribution channels. The engine replacement aftermarket is a relatively low-volume space as engines are built to last for many years and require infrequent replacements. Engine technology is improving consistently in terms of reliability and durability, extending engine life. Newer models are fitted with advanced, cleaner engines that ultimately extend the replacement rates for fleets. The study considers all such contexts and scenarios and concludes by identifying the key growth opportunities in this space for market participants to leverage. The base year is 2021, and the study period is 2018 to 2028.
Author: Wallace Lau
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
Impact of the Top 3 Strategic Imperatives On Engine Replacement for Vehicles in Classes 1, 2, and 3 (Class 1–3 Vehicles)
Growth Opportunities Fuel the Growth Pipeline Engine™
Key Takeaways
Key Growth Metrics for Class 1–3 Vehicles Engine Replacement Aftermarket
Unit Shipment and Revenue Forecast Analysis
Research Scope—Class 1–3 Vehicle Engine Replacement Aftermarket
Key Questions This study will answer
Vehicle and Technology Segmentation
Engine Replacement Market Structure
Segmentation and Definitions
Market Definitions
Class 1–3 EVs Unit Sales Forecast
Class 1–3 EVs in Operation Forecast
Total Annual Vehicle Miles Traveled—Forecast
Growth Drivers
Growth Restraints
Case Impact on Engine Replacement Aftermarket—2028
Total Engine Replacement Aftermarket
Total Engine Replacement Aftermarket Revenue
Overall Pricing ANalysis
Remanufactured Unit Shipment and Revenue Forecast Analysis
Remanufactured Engine Average Pricing Analysis forecast
Distribution Analysis by Engine Replacement Type and Channel Type
Remanufactured Engine Market Share
Rebuilt Engine Unit Shipment and Revenue Forecast Analysis
Average Pricing Analysis Forecast
Distribution Analysis by Engine Replacement Type and Channel Type
Used Engine unit shipment and Revenue forecast Analysis
Average Pricing Analysis forecast
Distribution Analysis by Engine Replacement Type and Channel Type
New Engine unit shipment and Revenue forecast Analysis
Average Pricing Analysis forecast
Distribution Analysis by Engine Replacement Type and Channel Type
Competitive Environment
Engine Competitor benchmark
Remanufactured Engine Brand Analysis—Retailers and Warehouse Distributors (WDs)
Supplier Profile—ATK North America
Supplier Profile—AER Manufacturing, LP
Supplier Profile—SRC Holdings Corporation
Supplier Profile—Reviva Inc.
Supplier Profile—Jasper Engine and Transmission
Supplier Profile—ETE Reman
Supplier Profile—Dahmer Powertrain
Supplier Profile—LKQ Corporation
Supplier Profile — ATC DriveTrain
Growth Opportunity 1—Electric Powertrain
Growth Opportunity 1—Electric Powertrain (continued)
Growth Opportunity 2—Telematics
Growth Opportunity 2—Telematics (continued)
Growth Opportunity 3—Customer-Focused Service Solutions
Growth Opportunity 3—Customer-Focused Service Solutions (continued)
The Last Word—3 Big Predictions
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
- Class 1 3 Vehicles Engine Replacement Aftermarket: Key Growth Metrics, North America, 2021
- Class 1 3 Vehicles Engine Replacement Aftermarket: Unit Shipment and Revenue Forecast, North America, 2018 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Vehicles in Operation (VIO) Forecast, North America, 2018 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Vehicle Segmentation, North America, 2021
- Class 1 3 Vehicles Engine Replacement Aftermarket: Market Structure, North America, 2021
- Class 1 3 Vehicles Engine Replacement Aftermarket: Product Segmentation and Definitions, North America, 2021
- Class 1 3 Vehicles Engine Replacement Aftermarket: Market Definitions, North America, 2021
- Class 1 3 Vehicles Engine Replacement Aftermarket: EV Unit Sales Forecast, United States, 2018 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: EV Unit Sales Forecast, Canada, 2018 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: EV in Operation Forecast, United States, 2018 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: EV in Operation Forecast, Canada, 2018 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Annual Vehicle Travel Miles, North America, 2018 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Growth Drivers, North America, 2022 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Growth Restraints, North America, 2022 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Total Engine Replacement Aftermarket, North America,2018 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Total Engine Replacement Aftermarket Revenue,North America, 2018 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Overall Pricing Analysis, North America, 2021
- Class 1 3 Vehicles Engine Replacement Aftermarket: Unit Shipment and Revenue Forecast, North America, 2018 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Average Pricing Analysis Forecast, North America, 2018 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Distribution Analysis by Engine Replacement Type and ChannelType, North America, 2021 & 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Remanufactured Engine Market Share by OEM,North America, 2021
- Class 1 3 Vehicles Engine Replacement Aftermarket: Unit Shipment and Revenue Forecast, North America, 2018 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Average Pricing Analysis Forecast, North America, 2018 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Distribution Analysis by Engine Replacement Type and ChannelType, North America, 2021 & 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Unit Shipment and Revenue Forecast, North America, 2018 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Average Pricing Analysis Forecast, North America, 2018 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Distribution Analysis by Engine Replacement Type and ChannelType, North America, 2021 & 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Unit Shipment and Revenue Forecast, North America, 2018 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Average Pricing Analysis Forecast, North America, 2018 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Distribution Analysis by Engine Replacement Type and ChannelType, North America, 2021 & 2028
- Class 1 3 Vehicles Engine Replacement Aftermarket: Competitive Environment, North America, 2021
- Class 1 3 Vehicles Engine Replacement Aftermarket: Engine Competitor Benchmark, North America, 2021
- Class 1 3 Vehicles Engine Replacement Aftermarket: Brand Analysis, North America, 2021
- Class 1 3 Vehicles Engine Replacement Aftermarket: Supplier Profile ATK, North America, 2021
- Class 1 3 Vehicles Engine Replacement Aftermarket: Supplier Profile AER, North America, 2021
- Class 1 3 Vehicles Engine Replacement Aftermarket: Supplier Profile SRC, North America, 2021
- Class 1 3 Vehicles Engine Replacement Aftermarket: Supplier Profile Reviva Inc., North America, 2021
- Class 1 3 Vehicles Engine Replacement Aftermarket: Supplier Profile Jasper, North America, 2021
- Class 1 3 Vehicles Engine Replacement Aftermarket: Supplier Profile ETE, North America, 2021
- Class 1 3 Vehicles Engine Replacement Aftermarket: Supplier Profile Dahmer, North America, 2021
- Class 1 3 Vehicles Engine Replacement Aftermarket: Supplier Profile LKQ, North America, 2021
- Class 1 3 Vehicles Engine Replacement Aftermarket: Supplier Profile ATC Drivetrain, North America, 2021
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| Deliverable Type | Market Research |
|---|---|
| Author | Wallace Lau |
| Industries | Automotive |
| No Index | No |
| Is Prebook | No |
| List of Charts and Figures | Class 1 3 Vehicles Engine Replacement Aftermarket: Key Growth Metrics, North America, 2021~ Class 1 3 Vehicles Engine Replacement Aftermarket: Unit Shipment and Revenue Forecast, North America, 2018 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Vehicles in Operation (VIO) Forecast, North America, 2018 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Vehicle Segmentation, North America, 2021~ Class 1 3 Vehicles Engine Replacement Aftermarket: Market Structure, North America, 2021~ Class 1 3 Vehicles Engine Replacement Aftermarket: Product Segmentation and Definitions, North America, 2021~ Class 1 3 Vehicles Engine Replacement Aftermarket: Market Definitions, North America, 2021~ Class 1 3 Vehicles Engine Replacement Aftermarket: EV Unit Sales Forecast, United States, 2018 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: EV Unit Sales Forecast, Canada, 2018 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: EV in Operation Forecast, United States, 2018 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: EV in Operation Forecast, Canada, 2018 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Annual Vehicle Travel Miles, North America, 2018 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Growth Drivers, North America, 2022 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Growth Restraints, North America, 2022 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Total Engine Replacement Aftermarket, North America,2018 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Total Engine Replacement Aftermarket Revenue,North America, 2018 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Overall Pricing Analysis, North America, 2021~ Class 1 3 Vehicles Engine Replacement Aftermarket: Unit Shipment and Revenue Forecast, North America, 2018 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Average Pricing Analysis Forecast, North America, 2018 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Distribution Analysis by Engine Replacement Type and ChannelType, North America, 2021 & 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Remanufactured Engine Market Share by OEM,North America, 2021~ Class 1 3 Vehicles Engine Replacement Aftermarket: Unit Shipment and Revenue Forecast, North America, 2018 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Average Pricing Analysis Forecast, North America, 2018 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Distribution Analysis by Engine Replacement Type and ChannelType, North America, 2021 & 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Unit Shipment and Revenue Forecast, North America, 2018 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Average Pricing Analysis Forecast, North America, 2018 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Distribution Analysis by Engine Replacement Type and ChannelType, North America, 2021 & 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Unit Shipment and Revenue Forecast, North America, 2018 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Average Pricing Analysis Forecast, North America, 2018 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Distribution Analysis by Engine Replacement Type and ChannelType, North America, 2021 & 2028~ Class 1 3 Vehicles Engine Replacement Aftermarket: Competitive Environment, North America, 2021~ Class 1 3 Vehicles Engine Replacement Aftermarket: Engine Competitor Benchmark, North America, 2021~ Class 1 3 Vehicles Engine Replacement Aftermarket: Brand Analysis, North America, 2021~ Class 1 3 Vehicles Engine Replacement Aftermarket: Supplier Profile ATK, North America, 2021~ Class 1 3 Vehicles Engine Replacement Aftermarket: Supplier Profile AER, North America, 2021~ Class 1 3 Vehicles Engine Replacement Aftermarket: Supplier Profile SRC, North America, 2021~ Class 1 3 Vehicles Engine Replacement Aftermarket: Supplier Profile Reviva Inc., North America, 2021~ Class 1 3 Vehicles Engine Replacement Aftermarket: Supplier Profile Jasper, North America, 2021~ Class 1 3 Vehicles Engine Replacement Aftermarket: Supplier Profile ETE, North America, 2021~ Class 1 3 Vehicles Engine Replacement Aftermarket: Supplier Profile Dahmer, North America, 2021~ Class 1 3 Vehicles Engine Replacement Aftermarket: Supplier Profile LKQ, North America, 2021~ Class 1 3 Vehicles Engine Replacement Aftermarket: Supplier Profile ATC Drivetrain, North America, 2021~ |
| Podcast | No |
| WIP Number | K786-01-00-00-00 |
North American Class 1–3 Vehicles Engine Replacement Growth Opportunities
Growth Strategies Focusing on Supply Chain Optimization and Electrification will be Vital for Suppliers
25-Jul-2022
North America
Market Research
