The Ducker Advisory Team provides clients with the highest quality insights and intelligence they need to make strategic investment decisions in shifting market landscapes. Sub-segments covered within the Automotive Aftermarket have included performance/ enthusiast products, accessories and channels, traditional offerings, fleet tracking and advanced communications.
Channel Shifts to Online Focus
2020 closures and consumer demand preferences have shifted many automotive aftermarket product sales to e-Commerce channels, which is projected to remain a structural GTM shift beyond COVID-19 impact years, driven by changing consumer preferences and increased familiarity with online retailers.
Performance and Enthusiast Market Growth
Performance and enthusiast segments have remained stable and grown in select categories. The lower cost of ownership for the light truck/Jeep segments including off-road, outdoor-lifestyle enthusiasts, has benefitted specialty suppliers in this segment.
Aftermarket Telematics and Technology Solutions Increase
Consumers have continued to require advanced technology solutions on aging vehicles due to safety and security, convenience, and regulatory/insurance driven requirements. Driven by this, small and medium-sized fleets have continued to focus more on asset optimization and tracking.
Ducker’s Transaction Advisory team is at the forefront of key trends impacting the industry amid COVID-19 disruptions. For the latest insights and implications for global business, visit here. Connect with a team member today:
Jim Devlin – firstname.lastname@example.org
Kim VanCleef – email@example.com
Scott Ulnick – firstname.lastname@example.org