Hedges & Co., an automotive market research firm, has introduced Vehicle Parts Replacement Reports for 2016. The reports cover 27 different product categories and nearly 100 parts and services that car and light truck owners will buy in the next year.
Hedges & Co. Vehicle Parts & Services Replacement Reports provide detailed information on the number of vehicles getting specified parts or services. The reports present data by total vehicles on the road and are segmented by age of vehicle, geographic region and vehicle make. The data also is provided for popular vehicle types such as light trucks and SUVs, Jeep and American and European performance models.
“These reports offer valuable market insight companies can use to determine sales potential and identify new markets for growth,” said Julie Hedges, principal at Hedges & Co. “There is a lack of quantifiable data available that allows aftermarket businesses and those selling in the aftermarket to measure the size or potential of a specific market. The Vehicle Replacement Rate Reports provide real numbers for them to work with.”
The company says manufacturers, business owners, product and brand managers will find the data presented helpful in understanding the markets they sell to. The reports provide benchmarks businesses can use to measure against and set goals with. Whether those needs are in identifying a specific number of parts or services that will be sold or determining which market to expand into, the research provided in the Vehicle Replacement Rate Reports will be a valuable resource.
Reports are available for the following automotive product categories: air conditioning, batteries and alternators, brakes, chassis parts, engine, gaskets and belts, exhaust and emissions, fuel system parts, heating and radiator, ignition and electrical, oil and filters, shocks and suspension, spark plugs and timing, steering parts, transmission, wheels and tires and windshield.
The reports are available by product category or by individual part or service. They can be purchased online at here and easily downloaded. A free sample report also is available online.
