2025-05-23
The European and American heavy-duty truck parts market has shown a diversified development trend in recent years. In the European market, heavy truck parts from Germany, Sweden, and France dominate, with brands such as Mercedes Benz, MAN, Volvo, and Scania having a well-established supply network for parts. According to statistics, the market size of heavy truck parts in Europe will reach 28 billion euros in 2024. with an annual growth rate of about 4.5%. The North American market is centered around the accessory systems of the three major heavy truck manufacturers in the United States (Peterbilt, Kenworth, and Freighter), with a market size of approximately $32 billion and a growth rate slightly higher than the European market.
In terms of market characteristics, the European and American heavy truck parts market has highly specialized and standardized features. The supply chain of accessories is complete, from OEM original parts to third-party certified parts, and then to recycled parts, forming a multi-level market structure. With the implementation of the EU's "Green Deal" and the US Environmental Protection Agency's new regulations, the demand for accessories that meet Euro VI and EPA2024 emission standards has surged. Especially in the field of post-processing systems such as SCR catalytic converters, DPF particulate filters, etc., the speed of technological innovation and product updates has significantly accelerated.
In the next five years, the heavy truck parts market in Europe and America will face three major transformations: an increase in the proportion of electrified parts (expected to account for 15% of the market by 2030), the popularization of intelligent diagnosis and predictive maintenance systems, and the digital transformation of parts supply chains. These changes will bring new market opportunities for Asian suppliers, while also placing higher demands on product quality and technical standards.