Automechanika And Frost & Sullivan Partner To Drive Global Automotive Aftermarket Growth

Mobility Outlook Bureau
21 Feb 2024
06:35 PM
1 Min Read

The collaboration holds promise for advancing industry knowledge, fostering innovation, and driving sustainable growth within the automotive aftermarket on a global scale.

Automechanika And Frost & Sullivan Partner mobility outlook

Automechanika has forged a transformative partnership with Frost & Sullivan aimed at delivering unparalleled value to industry professionals worldwide. This strategic alliance between Automechanika and Frost & Sullivan is poised to enhance the automotive aftermarket landscape by providing a continuous stream of valuable content covering crucial areas such as market trends, technology, innovation, and emerging business models. These insights are expected to catalyse transformative growth across the entire automotive value chain, driving industry professionals towards sustainable success.

In an era where digitisation is reshaping the aftermarket sector globally, Frost & Sullivan's analysis highlights the pivotal role of digital advancements in propelling unprecedented growth. With global manufacturer-level replacement parts revenues valued at $470.9 billion in 2023, factors such as vehicle ageing, average annual mileage, and disruptive trends like electrification, vehicle autonomy, and remote diagnostics are projected to further fuel aftermarket demand.

Kamal Shah, Associate Partner & Head of DACH Region at Frost & Sullivan, emphasised the importance of embracing innovation in navigating the industry's transformative journey. He highlighted the partnership as a powerful synergy between Frost & Sullivan's automotive aftermarket expertise and Automechanika's commitment to delivering exceptional trade show experiences.

Michael Johannes, Vice President Mobility & Logistics at Messe Frankfurt, expressed optimism about the collaboration's potential to drive strategic orientation and provide fresh insights for Automechanika's international trade fairs. Leveraging Frost & Sullivan's industry expertise, the collaboration aims to infuse new momentum into Automechanika events worldwide, facilitating knowledge sharing and fostering innovation within the automotive aftermarket.

As a Global Knowledge Partner, Frost & Sullivan is poised to play a pivotal role in enriching the knowledge landscape at Automechanika's portfolio of international trade fairs across four continents.

Also Read

ACMA Basks In Success Of Automechanika 2024

Share This Page