Pneumatic Disc Brakes Driving Growth in the North American Class 4-8 Brake Components Aftermarket, Forecast to 2024

  • ID: 4495367
  • Report
  • Region: North America, United States
  • 109 Pages
  • Frost & Sullivan
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Disc Brakes Replacing Drums in High-volume Applications

FEATURED COMPANIES

  • Alliance Truck Parts
  • Bendix Commercial
  • Brake Parts
  • Federal-Mogul
  • Haldex
  • Hendrickson USA
  • MORE

The North American Class 4-8 brake components aftermarket is experiencing a major shift in demand from drum to disc systems, offering significant growth potential for suppliers that can develop pads and rotors fitting large 18-wheelers. The total Class 4-8 brake components aftermarket will rise from approximately $1.18 billion in 2017 to an estimated $1.36 billion in 2024; however, growth rates will be significantly higher for pneumatic pads and rotors. The Publisher bases its analysis of the North American Class 4-8 brake components aftermarket on extensive interviews with suppliers and distributors. In addition, primary research is combined with secondary data sources to validate findings and capture key market trends. Where applicable, the study makes comparisons to previous research covering wiper blades to help identify recent trends.

Research Scope:

The research presents the current market size for the five product segments, namely:

  • Brake pads
  • Brake shoes
  • Brake rotors
  • Brake drums
  • Brake calipers

Unit shipment and revenue are presented where the product enters one of the tracked distribution channels, which includes independent automotive and heavy-duty warehouse distributors (IAM) as well as franchised medium and heavy-duty truck dealers (OES). The study also estimates market shares for the top suppliers: Meritor, Webb Wheel Products, Accuride Wheel End Solutions, Federal-Mogul, and Bendix Commercial Vehicle Systems. It also identifies the major growth drivers and restraints, including freight volume, evolving brake system technologies, inflation and fleet behavior. One of the most significant developments affecting the Class 4-8 brake components aftermarket is the increasing share of Class 8 vehicles sold with disc brake systems in place of drums. This will drive the increased demand for new, heavy-duty pneumatic pads and rotors fitting the growing population of big rig trucks equipped with disc braking systems.

The base year for the study is 2017, with historical data presented from 2014 to 2016 and forecasts covering the 2018-2024 period. The geographic scope includes the United States and Canada. The vehicle scope includes medium and heavy-duty trucks, but not passenger cars or pickups.

Key Issues Addressed:

  • What is the market size in units shipped and revenue? By how much will the market grow over the forecast period?
  • Which product segments will drive growth and offer new opportunities to suppliers?
  • Which distribution channels account for the most sales? How is the changing customer behavior affecting the growth outlook of various distributors?
  • How is pricing for Class 4-8 brake components changing? What are the factors that influence pricing?
  • Which suppliers are poised for market share growth over the short term?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Alliance Truck Parts
  • Bendix Commercial
  • Brake Parts
  • Federal-Mogul
  • Haldex
  • Hendrickson USA
  • MORE

1. Executive Summary

  • Executive Summary-Key Findings
  • Executive Summary-Market Engineering Measurements
  • Executive Summary-Total Market Unit Shipment/Revenue Snapshot

2. Research Scope

3. Definitions and Segmentation

  • Product Segmentation
  • Product Definitions
  • Market Definitions
  • Vehicle Segmentation

4. Demand Analysis

  • Class 4-8 Vehicles in Operation-Drum Brakes
  • Class 4-8 Vehicles in Operation-Disc Brakes
  • Demand Analysis Discussion

5. Forecasts and Trends-Total Class 4-8 Brake Components Aftermarket

  • Total Class 4-8 Brake Components Aftermarket-Unit Shipment and Revenue Forecast
  • Total Class 4-8 Brake Components Aftermarket-Unit Shipment and Revenue Forecast Discussion
  • Total Class 4-8 Brake Components Aftermarket-Percent of Revenue by System Type
  • Total Class 4-8 Brake Components Aftermarket-Percent of Revenue by System Type Discussion
  • Total Class 4-8 Brake Components Aftermarket-Percent of Revenue by Component Type
  • Total Class 4-8 Brake Components Aftermarket-Percent of Revenue by Component Type Discussion
  • Pricing Analysis
  • Pricing Analysis Discussion
  • Percent of Revenue by Distribution Channel
  • Percent of Revenue by Distribution Channel Discussion
  • Competitive Analysis-Market Share
  • Competitive Analysis-Market Share Discussion

6. Growth Opportunities and Companies to Action

  • Growth Opportunity 1-Private Labeling
  • Growth Opportunity 2-Brand Licensing
  • Growth Opportunity 3-Direct Importing
  • Growth Opportunity 4-Specialization
  • Growth Opportunity 5-Joint Ventures
  • Strategic Imperatives for Class 4-8 Aftermarket Brake Component Suppliers

7. Class 4-8 Drum Brake Components Aftermarket

  • Class 4-8 Drum Brake Components Aftermarket-Unit Shipment and Revenue Forecast
  • Total Class 4-8 Drum Brake Components Aftermarket-Unit Shipment and Revenue Forecast Discussion
  • Total Class 4-8 Drum Brake Components Aftermarket-Percent of Revenue by Component Type
  • Total Class 4-8 Drum Brake Components Aftermarket-Percent of Revenue by Component Type Discussion
  • Pricing Analysis
  • Pricing Analysis Discussion
  • Percent of Revenue by Distribution Channel
  • Percent of Revenue by Distribution Channel Discussion
  • Competitive Analysis-Market Share
  • Competitive Analysis-Market Share Discussion

8. Class 4-8 Brake Shoes Aftermarket

  • Class 4-8 Brake Shoes Aftermarket-Unit Shipment and Revenue Snapshot
  • Percent of Revenue by Product Type
  • Pricing Analysis
  • Competitive Analysis-Market Share

9. Class 4-8 Brake Drums Aftermarket

  • Class 4-8 Brake Drums Aftermarket-Unit Shipment and Revenue Snapshot
  • Percent of Revenue by Product Type
  • Pricing Analysis
  • Competitive Analysis-Market Share

10. Class 4-8 Disc Brake Components Aftermarket

  • Class 4-8 Disc Brake Components Aftermarket-Unit Shipment and Revenue Forecast
  • Class 4-8 Disc Brake Components Aftermarket-Unit Shipment and Revenue Forecast Discussion
  • Class 4-8 Disc Brake Components Aftermarket-Percent of Revenue by Component Type
  • Class 4-8 Disc Brake Components Aftermarket-Percent of Revenue by Component Type Discussion
  • Pricing Analysis
  • Pricing Analysis Discussion
  • Percent of Revenue by Distribution Channel
  • Percent of Revenue by Distribution Channel Discussion
  • Competitive Analysis-Market Share
  • Competitive Analysis-Market Share Discussion

11. Class 4-8 Brake Pads Aftermarket

  • Class 4-8 Brake Pads Aftermarket-Unit Shipment and Revenue Snapshot
  • Percent of Revenue by Product Type
  • Pricing Analysis
  • Competitive Analysis-Market Share

12. Class 4-8 Brake Rotors Aftermarket

  • Class 4-8 Brake Rotors Aftermarket-Unit Shipment and Revenue Snapshot
  • Percent of Revenue by Product Type
  • Pricing Analysis
  • Competitive Analysis-Market Share

13. Class 4-8 Brake Calipers Aftermarket

  • Class 4-8 Brake Calipers Aftermarket-Unit Shipment and Revenue Snapshot
  • Percent of Revenue by Product Type
  • Pricing Analysis
  • Competitive Analysis-Market Share

14. The Last Word

  • The Last Word-3 Big Predictions
  • The Last Word-Discussion
  • Legal Disclaimer

15. Appendix

  • Acronyms
  • List of Exhibits
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  • Accuride Wheel End Solutions (Gunite)
  • Alliance Truck Parts
  • Bendix Commercial
  • Brake Parts
  • Federal-Mogul
  • Haldex
  • Hendrickson USA
  • Meritor
  • Vehicle Systems
  • WABCO
  • Webb Wheel Products
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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