ihs markit automotive aftermarket
An additional 5.3 percent growth is expected for 2022 and growth will average more than 4 percent in 2023 and 2024, bringing the light-duty aftermarket to $372 billion. IHS Markit Launches New Solution for Automotive Aftermarket September 04, 2018 IHS Markit today announced the launch of the Market Performance Analysis Tool, the newest part of its the WorldView aftermarket online solution. The IHS Markit automotive Market Performance Analysis Tool helps aftermarket companies analyze their own position in the marketplace and compare against the competition by geography, price, applications, and across time. Seng began his career in 1984 and has over 30 years’ experience in the global aftermarket business. Some rush fees may apply. IHS Markit’s Market Performance Analysis Tool was designed to give new insights into aftermarket sales. 60%Nearly of light vehicles will be produced on global platforms by 2021 58% 2021 38% 2013 Find out how IHS Markit can help you grow your aftermarket business. Thank you for visiting IHS Markit AutoTechInsight. Photo courtesy IHS Markit. It captures the full impact of the diverse parts and pieces of the aftermarket. Automotive Aftermarket Suppliers Association. The IHS Markit light vehicle production forecast has been cut by 6.2% or 5.02M units in 2021, and by 9.3% or 8.45M units in 2022, to stand at 75.8M units and 82.6M units, respectively. It's how we do business by guiding our values and culture on the notion that we can make a difference. By 2026 the gap is expected to widen further, with light trucks making up 76% of the vehicle market and cars making up 24%. Found insideAnd Some Observations About the Future of the Automotive Aftermarket Pete Kornafel ... IHS Markit Forecasts: Auto Care Association and the Automotive ... Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. In collaboration with OESA, utilize the IHS Markit global light vehicle sales tracker to identify and monitor the latest historical sales results on the auto industry. Automotive solutions from IHS Markit leverage technology and data science to provide unique insights, forecasts and advisory services spanning every major market and the entire automotive value chain. Ladies and gentlemen...rev your engines for a joyride through auto show history. This book introduces readers to hydrogen as an essential energy carrier for use with renewable sources of primary energy. … 20 years of experience in the Automotive Aftermarket with positions held in Marketing, Product Management and Sales. This data was initially released in a joint, member-exclusive webinar led by Shane Norton of IHS Markit on June 7, 2021. What is the vehicle age in various markets? 18:04. Innovative Methods in Logistics and Supply Chain Management For more information or to speak to an IHS Markit expert, IHS Markit will highlight these and other key industry trends impacting the global automotive aftermarket and the expected role new technology will play during the annual Automotive Aftermarket Products Expo (AAPEX), November 5-7, 2019 in Las Vegas. Bolster your planning efforts by analyzing data on the latest sales trends by region, country and automaker in real time as this valuable data is continually updated and aggregated for your reference. IHS Markit today announced the launch of the Market Performance Analysis Tool, the newest part of its the WorldView aftermarket online solution. RESEARCH TRIANGLE PARK, N.C. and BETHESDA, Md., June 8, 2021 /PRNewswire/ -- The automotive aftermarket proved its resiliency once again with … The global automotive aftermarket continues to offer long-term business opportunity, according to industry experts at IHS Markit, who shared insights during the annual Automotive Aftermarket Products Expo (AAPEX). The IHS Markit automotive Market Performance Analysis Tool helps aftermarket companies analyze their own position in the marketplace and compare against the competition by geography, price, applications, and across time. All Rights Reserved, Commercial Vehicle Insight and Intelligence, Get ahead of Interbank Offered Rate (IBOR) benchmark reform, California Do Not Sell My Personal Information, Inform manufacturing, ordering and stocking decisions, Understand worldwide aftermarket car parts potential, Track aftermarket auto part demand trends, Understand the vehicle make-up of +100 markets worldwide, Determine parts compatibility on vehicles in disparate global markets, Compare your ACES and TecDoc catalogs using IHS global make/model relationships – enhanced by program, platform and plant coding, Search global vehicles by OEM platform and program codes, Analyze projected global vehicle counts to determine future market demand for specific parts, Leverage a foundation of official manufacturer data with +20 years of history covering +70 product lines and +115,000 unique vehicles, Match VIO with OE part numbers, specifications and vehicle fitment details, Identify significant catalog gaps with vehicle population counts mapped to ACES and TecDoc codes, Access the most complete source of European vehicle detail (expanding into Mexico, China, Brazil and Russia), Evaluate market coverage with simple and accurate VIO enhancement of ACES and TecDoc files, including variable geography levels, Understand overall product coverage performance, part potential and missing coverage, Gain insight into what your customers see in your ACES and TecDoc, Global Vehicles in Operation (VIO), production and component forecasts, OE and aftermarket parts catalog analysis, ACES and TecDoc standards and global equivalents, OEM program, platform and plant code visibility. 18:04. Automotive offerings and expertise at IHS Markit span every major market and the entire automotive value chain—from product planning to marketing, sales and the aftermarket. Automotive offerings and expertise at IHS Markit span every major market and, the entire automotive value chain -- from product planning to marketing, sales and the aftermarket. ... marketing and the aftermarket. IHS Markit's Production Downtime Tracker measuring shift structures, line rates and working days. This book provides an 'off' switch, helping readers apply an automatic mental filter to the incoming cacophony, to filter out only what they can use for smarter money moves. “Better technology and overall vehicle-quality improvements continue to be key drivers of the rising average vehicle age over time,” said Mark Seng, director, global automotive aftermarket practice at IHS Markit. IHS Markit will demonstrate its solutions suite for the global passenger and commercial vehicle aftermarket at its exhibit for the duration of the show, Booth #4876 at the Sands Expo Center. This document is only available to AASA members. Stay abreast of changes, new developments and trends in their industry. The experts and leaders who set the course for IHS Markit and its thousands of colleagues around the world. The voice for the motor vehicle supplier industry. Find the solutions you need by accessing our extensive portfolio of information, analytics and expertise. IHS Markit’s Market Performance Analysis Tool was designed to give new insights into aftermarket sales. US$1000. Found insideThe Global Automotive Industry addresses this need and is a first port of call for any academic, official or consultant wanting an overview of the state of the industry. An additional 5.3% growth is expected for 2022 and growth will average more than 4% in 2023 and 2024, bringing the light-duty aftermarket to $372 billion. $105.60 You save 20%. Headquartered in London, our automotive team is part of IHS Markit’s information and analytics powerhouse that includes more than 14,000 colleagues Customers around the world rely on us to address strategic and operational challenges. IHS Markit to Offer Industry Trends and Aftermarket Insight at AAPEX 2019 Posted October 29th, 2019 for Invention Machine Tuesday, October 29, 2019 9:19 am EDT From product planning to marketing, sales, and the aftermarket, IHS Markit automotive solutions provide the actionable insight to make better decisions that drive better results. you advance your aftermarket parts business strategy. Jan 2014 - Jul 20206 years 7 months. Use of this site by IHS Markit employees is also subject to company policies, including the Code of Conduct. Nearly67% of light vehicles will be produced on global platforms by 2025 Find out how IHS Markit can help you grow your aftermarket business. This manual will ensure that you not only understand the task list and therefore the content your actual certification exam will be based upon, but also provides descriptions of the various types of questions on a typical ASE exam, as well ... One of the very best novels in a superior series’Booklist (starred review) on Deep Freeze ‘Add a gripping storyline, a generous helping of exquisitely conceived characters and laugh-out-loud humor that produce explosive guffaws, not ... Our expertise spans every major market and the entire automotive value chain from product planning to marketing, sales, and the aftermarket. AASA and IHS Markit are pleased to present an exclusive in-depth look at the size, growth rate, and IHS Markit’s 2021 Joint Channel Forecast for the Automotive Aftermarket … IHS Markit Automotive, Driven by POLK. Our automotive offerings and expertise span every major market and the entire automotive value chain—from product planning to marketing, sales, and the aftermarket. This, while IHS Markit presents the aging fleet as a source of “vehicle maintenance opportunities” and a boon to the automotive aftermarket, it’s potentially problematic for body shops. To register, please contact Ashley McLeod. Together with IHS Markit Technology, Chemical and Product Design, IHS Markit can scale its insight, analysis and advice to address virtually any automotive-related domain or enterprise. IHS Markit delivers un-paralleled, data-driven solutions and services spanning the entire value chain, from concept design to sales, marketing and the aftermarket. From product planning to marketing, sales, and the aftermarket, IHS Markit automotive solutions provide the actionable insight to make better decisions that drive better results. During this presentation, IHS Markit's Todd Campau will look at changes in new vehicle sales, used vehicle sales, average vehicle age and more, to understand the impact they will have on the aftermarket in the coming years. Heavy Duty Manufacturers Association. An additional 5.3% growth is expected for 2022 and growth will average more than 4% in 2023 and 2024, bringing the light-duty aftermarket to $372 billion. Experts from IHS Markit will join HDMA in presenting information to manufacturers in the commercial vehicle industry. For the July webinar, Emily Crowley, associate director at IHS Markit Pricing and Purchasing will be discussing labor shortages within the manufacturing sector. These client-only webinars allow you to hear the latest updates to the forecast and give you an opportunity to ask questions directly of our automotive analysts. The global automotive aftermarket continues to offer long-term business opportunities, according to industry experts at IHS Markit, who shared insights yesterday during AAPEX 2016 … From product planning to marketing, sales, and the aftermarket, IHS Markit automotive solutions provide the actionable insight to make better decisions that drive better results. Found inside“[Dan Albert] has a way of bringing automotive history to life.” —Jason Fogelson, Forbes The plain, old-fashioned, human-driven car built the American economy and helped shape our democratic creed. Sources: IMR, Inc.; Auto Care Association; Automotive Aftermarket Suppliers Association; IHS Markit; LMC Automotive; Wolk After Sales Experts Brian L. Wheeler joined Cloyes Gear and Products, Inc., in July 2018 as vice president of business development and marketing. Critical analysis and guidance spanning the world's most important business issues. Director, Automotive Technology & Aftermarket, IHS Markit Thought Leader. Play on Spotify. IHS Markit today announced the launch of the Market Performance Analysis Tool, the newest part of its the WorldView aftermarket online solution. Ask the expert a question. What is density and popularity of vehicles in various regions? In an increasingly competitive and interconnected business environment, actionable insight—delivered where and when you need it—can be the difference between market leadership and market parity. Fuel For Thought [S3|E8] - Car Buying Convenience Factor. IHS Markit reported that the segment of vehicles six to 11 years in age is expected to expand, which is considered a sweet spot of sorts for the aftermarket space because warranties and dealer service plans begin to expire. IHS Markit will demonstrate its solutions suite for the global passenger and commercial vehicle aftermarket at its exhibit for the duration of the show, Booth #4876 at the Sands Expo Center. The Association for Sustainable Manufacturing. From product planning to marketing, sales, and the aftermarket, IHS Markit automotive solutions provide the actionable insight to make better decisions that drive better results.. 120 Tracks. Integrate proprietary data and visualize your markets with dynamic tables, graphs, maps and dashboards. Issue reports with automatically refreshed data each month. With simultaneous enterprise-wide access to the tool, your teams can achieve consistent reporting and boost operational efficiencies. Found insideThis book will be a useful resource for professionals and scholars from across the supply chain who are interested in exploring the dimension of customer loyalty in the challenging supplier and customer context. IHS Markit delivers un-paralleled, data-driven solutions and services spanning the entire value chain, from concept design to sales, marketing and the aftermarket. Consumers began to choose light trucks over cars at a significant rate, and in 2019 IHS Markit is predicting that light trucks will make up 71% of the total market, leaving cars with 29%. IHS Markit launches a new automotive aftermarket solution! Aftermarket & Commercial Group: Sr. Director - Retail, Distribution, E-Business & SMS. 1 IHS Markit Automotive and the Alliance for Automotive Innovation Disclaimer This publication contains general information only and Deloitte is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. The book acts as a guide for meat and animal scientists, technologists, engineers, professionals and producers. Advancing the commercial vehicle supplier industry & the business interests of our members. 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