Description

The North American class 4–8 commercial vehicle wheel end brake components aftermarket is a mature market undergoing shifts in its competitive landscape. Domestic manufacturers face intense competition and pricing pressure from off-shore manufacturers/sourcing, eroding the market shares of top competitors. The recent economic volatility combined with an average truck population close to 10 years old and high price sensitivity of consumers contribute to the proliferation of low-cost foreign imports. The forecast period is 2012–2019, and primary and secondary research was used to determine the total size, revenue, competitive market shares, and impact of off-shore imports in the wheel end brake component aftermarket.