Truck Maintenance & Repair: Market Size & Forecast 2026

The North American heavy-duty truck maintenance and repair market sits at approximately USD 65 billion in 2025 (base year), held in a structurally tight balance between an aging on-highway Class 8 parc, an inflation-pressure environment that has lifted shop labor rates to a USD 149/hour median (up 7.4% year-over-year into 2026), and elevated service volumes driven by fleets stretching aging trucks. We expect 3.5% CAGR through 2032 on continued replacement-cycle demand, EPR-style packaging exposure, and a slow mix shift toward predictive and electrification-ready service offerings. The combination of supplier concentration on the parts side and labor scarcity on the service side leaves buyers structurally short of leverage. > **Analyst Take.** Our view: the consensus reads truck MRO as a soft 2-3% CAGR story under the assumption that 2026 freight rates normalise and fleets finally replace

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