Frost & Sullivan announced it is joining forces with Automechanika, international trade fair for the automotive aftermarket, to enhance their offerings to industry professionals.

The strategic alliance is designed to deliver a continuous flow of valuable content at Automechanika’s worldwide trade fairs, including market trends, technology, innovation and emerging business models, each contributing to transformative growth across the entirety of the automotive value chain, Frost & Sullivan said.

For example Digitisation, a disruptive trend in the aftermarket, finds relevance across all global markets. Frost & Sullivan said it valued global manufacturer-level replacement parts revenues at $470.9 billion in 2023. While vehicle ageing and average annual mileage will drive aftermarket demand, trends like electrification, vehicle autonomy and remote diagnostics will boost the outlook further, according to Frost & Sullivan.

“This partnership marks a powerful synergy between Frost & Sullivan’s expertise in the automotive aftermarket sector and Automechanika’s commitment to delivering exceptional trade show experiences,” said Kamal Shah, associate partner & head of DACH Region at Frost & Sullivan. “Through our strategic alliance, both parties aim to elevate the industry’s knowledge-sharing landscape and provide unparalleled value to participants and exhibitors at each of Automechanika’s 13 events around the globe in 2024.”