Aftermarket Volume Overtaking OEM Growth Trajectory
As the global vehicle parc ages and average ownership periods lengthen amid rising new-vehicle prices, aftermarket lifter replacement volume is growing faster than OEM demand for the first time in the category's history. Several leading suppliers now report aftermarket revenue exceeding 34% of total lifter segment revenue, up meaningfully from a decade ago when OEM supply dominated order books. This shift is reshaping supplier strategy toward building distribution relationships with parts retailers and repair networks rather than competing purely on OEM platform qualification, a transition that rewards suppliers with established aftermarket brand recognition.
Market Impact: Adds 6% annual emerging-market ICE growth








