Commercial Vehicle Spare Parts Aftermarket Market 2025-2029: Insights into Growth Trends and Recent Developments
The Business Research Company’s Commercial Vehicle Spare Parts Aftermarket Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034
LONDON, GREATER LONDON, UNITED KINGDOM, December 12, 2025 /EINPresswire.com/ -- The commercial vehicle spare parts aftermarket is an essential segment of the automotive industry, supporting the maintenance and repair of commercial fleets worldwide. This market has shown considerable growth in recent years, driven by several key factors that reflect broader trends in vehicle production, usage, and technological advancements. Below, we explore the market size, growth drivers, regional dynamics, and future outlook for this sector.
Commercial Vehicle Spare Parts Aftermarket Market Size and Projected Growth
The commercial vehicle spare parts aftermarket has experienced robust growth recently. In 2024, the market size stood at $96.97 billion and is projected to reach $102.17 billion by 2025, reflecting a compound annual growth rate (CAGR) of 5.4%. This expansion is largely due to increasing vehicle production, a rise in the average age of vehicles, heightened demand for replacement parts, growth in road freight transportation, and more frequent fleet maintenance activities. Looking ahead, the market is expected to continue its upward trajectory, expanding to $124.18 billion by 2029 at a CAGR of 5.0%. Factors bolstering this future growth include the rising adoption of electric commercial vehicles, a greater emphasis on preventive maintenance, booming e-commerce logistics, expanding aftermarket service networks, and a growing preference for cost-efficient spare parts. Key trends anticipated in this period involve improvements in predictive maintenance technologies, innovations in 3D printing for spare parts, advances in digital inventory management, increased use of online aftermarket platforms, and intensified research into smart automotive components.
Understanding the Commercial Vehicle Spare Parts Aftermarket
This aftermarket sector encompasses a wide variety of replacement parts, components, and accessories for commercial vehicles once they leave the initial sale phase. It includes critical elements such as engines, brakes, filters, tires, and electrical systems, all essential for vehicle repair, upkeep, and performance enhancement. The market plays a vital role in extending the operational life of commercial vehicles, improving fleet efficiency, and minimizing downtime for operators in transportation and logistics industries.
The Impact of Electrification on Commercial Vehicle Spare Parts Demand
One of the most significant drivers of growth in this market is the increasing electrification of commercial vehicles. This shift from internal combustion engines to electric batteries or hybrid systems is propelled by stricter emissions regulations and government incentives aimed at sustainable transport. The aftermarket supports this change by supplying specialized parts like battery modules, electric drivetrains, and regenerative braking components necessary to maintain electric fleets. For example, the International Energy Agency (IEA) projected in May 2025 that electric trucks would account for about 10% of all heavy-duty truck sales by 2030, a steep rise from under 1% in 2024. This adoption of electric commercial vehicles is a major factor driving aftermarket growth.
View the full commercial vehicle spare parts aftermarket market report:
https://www.thebusinessresearchcompany.com/report/global-commercial-vehicle-spare-parts-aftermarket-market-report
Additional Growth Drivers Supporting the Market Expansion
Beyond electrification, increasing preventive maintenance practices are encouraging fleet operators to invest more in aftermarket components to avoid costly breakdowns. Furthermore, the surge in e-commerce logistics is expanding demand for commercial vehicles, which in turn increases the need for spare parts and maintenance services. Expanding networks of aftermarket service providers also contribute to the market's growth by improving parts availability and service quality. Lastly, the quest for affordable yet reliable spare parts is motivating companies and fleet managers to seek cost-effective solutions within the aftermarket.
Leading Region in Commercial Vehicle Spare Parts Aftermarket Market
In 2024, North America held the largest share of the commercial vehicle spare parts aftermarket industry. However, Asia-Pacific is anticipated to be the region with the fastest growth over the forecast period. The market analysis covers key global areas including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, offering a comprehensive view of regional market trends and opportunities.
For a deeper dive into this market, you can download a free sample of the commercial vehicle spare parts aftermarket market report here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=30240&type=smp
To explore the full report, visit:
https://www.thebusinessresearchcompany.com/report/global-commercial-vehicle-spare-parts-aftermarket-market-report
Browse Through More Reports Similar to the Global Commercial Vehicle Spare Parts Aftermarket Market 2025, By The Business Research Company
Motor Vehicle And Parts Dealers Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/motor-vehicle-and-parts-dealers-global-market-report
Automotive Aftermarket Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/automotive-aftermarket-global-market-report
Motor Vehicle Parts Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/motor-vehicle-parts-global-market-report
Oliver Guirdham
The Business Research Company
+44 7882 955267
[email protected]
Visit us on social media:
LinkedIn
Facebook
X
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Information contained on this page is provided by an independent third-party content provider. Frankly and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]
