Class 4–8 Truck Brakes Aftermarket Trending Toward Disc Brake Technology in North America

Class 4–8 Truck Brakes Aftermarket Trending Toward Disc Brake Technology in North America

Disc Brake Technology to Gain Market Share Across all Vehicle Segments, Creating Strong Competition Between OES and HD WD Channels

RELEASE DATE
27-Nov-2020
REGION
North America
Research Code: K3C7-01-00-00-00
SKU: AU02050-NA-MT_24770
$4,950.00
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SKU
AU02050-NA-MT_24770
$4,950.00
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Description

Frost & Sullivan's research service on the Class 4-8 truck brakes aftermarket in North America forecasts market size through to 2026; the base year is 2019. The study analyzes key medium- and heavy-duty (MD/HD) truck hydraulic and pneumatic brake components, including brake drums, brake shoes, brake rotors, and brake pads. Market forecast is derived from miles driven, usage patterns, replacement rate, and total vehicles in operation (VIO). The study breaks down the different brake components by unit shipment, revenue, distribution channel, and price. Competitive environment for each brake component is also examined, and the top competitors are listed.

The Class 4-8 truck brakes aftermarket in North America is mature, and the well-established participants have built strong relationships across all distribution channels and command more than 60% of the market in each brake component segment. The aftermarket is facing strong pricing pressure as the product is commoditized and the product differentiation is low. In addition, fleets are highly price sensitive, and this opens up opportunities for low-cost imported brake components that threaten well-established market participants’ offerings.

Pneumatic brake drums are expected to witness a decline over the forecast period due to the growing usage of pneumatic disc brakes in the front axle (enhanced performance and cost effectiveness are the key advantages they offer). However, pneumatic drum brakes will remain the standard choice in HD trucks over the forecast period. Hydraulic brake rotors are projected to be the leading brake component for class 4-6 trucks; they will be preferred over hydraulic brake drums.

RESEARCH: INFOGRAPHIC

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Table of Contents

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

Growth Opportunities Fuel the Growth Pipeline Engine™

Key Takeaways

Key Growth Metrics for the Class 4-8 Truck Brakes Aftermarket

Total Market Unit Shipment and Revenue Forecast

Research Scope

Product Segmentation

Product Definitions

Vehicle Class Segmentation

Market Definitions

VIO Forecast Split by Class

Annual Vehicle Miles Traveled—Forecast

Key Trends—Pestle Analysis

Brake Technology Trends

Hydraulic Brake Drums—Unit Shipment and Revenue Forecast

Pneumatic Brake Drums—Unit Shipment and Revenue Forecast

Hydraulic Brake Shoes—Unit Shipment and Revenue Forecast

Pneumatic Brake Shoes—Unit Shipment and Revenue Forecast

Brake Drums—Pricing Forecast

Brake Shoes—Pricing Forecast

Brake Drums and Shoes—Pricing Analysis

Hydraulic Brake Drums and Shoes—Distribution Channel Analysis

Pneumatic Brake Drums and Shoes—Distribution Channel Analysis

Hydraulic Disc Brake Rotors—Unit Shipment and Revenue Forecast

Pneumatic Disc Brake Rotors—Unit Shipment and Revenue Forecast

Hydraulic Disc Brake Pads—Unit Shipment and Revenue Forecast

Pneumatic Disc Brake Pads—Unit Shipment and Revenue Forecast

Disc Brake Rotors—Pricing Forecast

Disc Brake Pads—Pricing Forecast

Disc Brake Rotors and Pads—Pricing Analysis

Hydraulic Disc Brake Rotors and Pads—Distribution Channel Analysis

Pneumatic Disc Brake Rotors and Pads—Distribution Channel Analysis

Brake Drums’ Brand Positioning—All Channels

Brake Shoes’ Brand Positioning—All Channels

Disc Brake Rotors’ Brand Positioning—All Channels

Disc Brake Pads’ Brand Positioning—All Channels

Competitive Landscape—Overview

Supplier Benchmarking—Hydraulic Brake Drums

Supplier Benchmarking—Pneumatic Brake Drums

Supplier Benchmarking—Hydraulic Brake Shoes

Supplier Benchmarking—Pneumatic Brake Shoes

Supplier Benchmarking—Hydraulic Disc Brake Rotors

Supplier Benchmarking—Pneumatic Disc Brake Rotors

Supplier Benchmarking—Hydraulic Disc Brake Pads

Supplier Benchmarking—Pneumatic Disc Brake Pads

Growth Opportunity 1: Private Labeling, 2019

Growth Opportunity 1: Private Labeling, 2019 (continued)

Growth Opportunity 2: Disc Brake Technology, 2019

Growth Opportunity 2: Disc Brake Technology, 2019 (continued)

The Last Word—3 Big Predictions

Appendix

Partial List of Expansions and Acronyms Used in the Study

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

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Related Research
Frost & Sullivan's research service on the Class 4-8 truck brakes aftermarket in North America forecasts market size through to 2026; the base year is 2019. The study analyzes key medium- and heavy-duty (MD/HD) truck hydraulic and pneumatic brake components, including brake drums, brake shoes, brake rotors, and brake pads. Market forecast is derived from miles driven, usage patterns, replacement rate, and total vehicles in operation (VIO). The study breaks down the different brake components by unit shipment, revenue, distribution channel, and price. Competitive environment for each brake component is also examined, and the top competitors are listed. The Class 4-8 truck brakes aftermarket in North America is mature, and the well-established participants have built strong relationships across all distribution channels and command more than 60% of the market in each brake component segment. The aftermarket is facing strong pricing pressure as the product is commoditized and the product differentiation is low. In addition, fleets are highly price sensitive, and this opens up opportunities for low-cost imported brake components that threaten well-established market participants offerings. Pneumatic brake drums are expected to witness a decline over the forecast period due to the growing usage of pneumatic disc brakes in the front axle (enhanced performance and cost effectiveness are the key advantages they offer). However, pneumatic drum brakes will remain the standard choice in HD trucks over the forecast period. Hydraulic brake rotors are projected to be the leading brake component for class 4-6 trucks; they will be preferred over hydraulic brake drums.
More Information
No Index No
Podcast No
Author Wallace Lau
Industries Automotive
WIP Number K3C7-01-00-00-00
Is Prebook No
GPS Codes 9800-A6,9813-A6,9B01-A6,9801-A6,9963-A6