Class 6-8 Powertrain, Aftermarket Revenue Could Reach $3.2 Billion in 2012

August 30, 2006 3:20 PM, EDT

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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.

Rising costs for new class 6-8 trucks in the wake of EPA ’07 will encourage fleet operators to replace engines in older trucks to achieve compliance rather than buy new vehicles, Frost & Sullivan said.

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.