As the average age of the heavy-vehicle fleet rises, demand for independent spare parts structurally increases as well. In periods when renewal investment is postponed, maintenance spending goes up.
Key themes
As fleet age rises, demand for wear parts grows; the brake and air system groups are among the items most affected by this trend.
Transition periods in emissions legislation delay vehicle purchase decisions, extending the service life of the existing fleet.
On the supply side, lead time has become more decisive than price.
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