Growth Opportunities in the North American Passenger Vehicle Replacement Brakes Aftermarket

Description

Manufacturers' Competitive Edge in an Already Mature Segment will Hinge on Innovation, Partnerships, and Sustainable Solutions

This study covers the class 1 -3 (passenger cars and light commercial vehicles) brake component aftermarket in North America (the United States of America and Canada), in terms of both volume (235.5 million units) and value ($3.79 billion). The analysis includes unit shipment and revenue by automotive brake subcategories, such as brake pads, brake rotors, brake shoes, brake drums, brake calipers, and remanufactured brake calipers.

The research discusses replacement rates and average manufacturer-level prices and presents forecasts across different product segments, covering both the independent aftermarket (IAM) and original equipment supplier (OES) distribution channels. It also covers the share of distribution channels held across various product subcategories, including the revenue share of distribution channel participants.

The base year for analysis is 2022 and the forecast period is from 2023 to 2029. In addition to market trends and profiles of key suppliers, industry growth opportunities tied to the emergence of alternative fuel vehicles (such as electric vehicles), sustainable manufacturing technologies, and the impact of escalating VIO figures are discussed.

Product Code: K8F7-41

Strategic Imperatives

Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the North American Passenger Vehicle Replacement Brakes Aftermarket
Growth Opportunities Fuel the Growth Pipeline Engine™

Growth Environment

Growth Metrics
Unit Shipment and Revenue Forecast

Research Scope

Scope of Analysis
Product Segmentation
Definitions
VIO Forecast by Vehicle (ICE) Age
VIO Forecast by Country

Total Market Forecasts and Trends

Key Findings
Key Indicators: NA Passenger Vehicle Brake Replacement Aftermarket
Replacement Rate Trend
Unit Shipment and Revenue Forecast: ICE and EV Applications
Unit Shipment and Revenue Forecast: ICE Applications
Unit Shipment and Revenue Forecast: EV Applications
Unit Shipment Forecast by Product Type: ICE Applications
Unit Shipment Forecast by Product Type: EV Applications
Revenue Forecast by Product Type: ICE Applications
Revenue Forecast by Product Type: EV Applications
Unit and Revenue Forecast: Analysis
Overall Pricing Analysis: ICE Applications
Overall Pricing Analysis: EV Applications
Percent of Revenue by Distribution Channel
Percent Revenue Breakdown of Distribution Channel by Product Type
Competitive Analysis: Revenue Market Share
CASE Impact on Replacement Brakes Aftermarket: 2029

Brake Pads Aftermarket

Key Growth Metrics
Overall Unit Shipment and Revenue Forecast: ICE and EV Applications
Unit Shipment and Revenue Forecast: ICE Applications
Unit Shipment and Revenue Forecast: EV Applications
Percent Unit Shipment Forecast by Segment: ICE Applications
Percent Unit Shipment Forecast by Segment: EV Applications
Percent Revenue Forecast by Segment: ICE Applications
Percent Revenue Forecast by Segment: EV Applications
Pricing Analysis: ICE Applications
Pricing Analysis: EV Applications
Competitive Analysis: Revenue Market Share
Revenue Share by Distribution Channel and Replacement Mode

Brake Shoes Aftermarket

Key Growth Metrics
Unit Shipment and Revenue Forecast
Percent Unit Shipment Forecast by Segment: ICE Applications
Percent Revenue Forecast by Segment: ICE Applications
Average Pricing Analysis
Competitive Analysis: Revenue Market Share
Revenue Share by Distribution Channel and Replacement Mode

Brake Rotors Aftermarket

Key Growth Metrics
Unit Shipment and Revenue Forecast: ICE and EV Applications
Unit Shipment and Revenue Forecast: ICE Applications
Unit Shipment and Revenue Forecast: EV Applications
Percent Unit Shipment Forecast by Segment: ICE Applications
Percent Unit Shipment Forecast by Segment: EV Applications
Percent Revenue Forecast by Segment: ICE Applications
Percent Revenue Forecast by Segment: EV Applications
Percent Unit Shipment Forecast by Product: New vs. Resurfaced
Percent Revenue Forecast by Product: New vs. Resurfaced
Pricing Analysis: ICE Applications
Pricing Analysis: EV Applications
Competitive Analysis: Revenue Market Share
Revenue Share by Distribution Channel and Replacement Mode

Brake Drums Aftermarket

Key Growth Metrics
Unit Shipment and Revenue Forecast
Percent Revenue Shipment Forecast by Segment: ICE Applications
Percent Units Forecast by Segment: ICE Applications
Average Pricing Analysis
Competitive Analysis: Revenue Market Share
Revenue Share by Distribution Channel and Replacement Mode

Brake Calipers Aftermarket

Key Growth Metrics
Unit Shipment and Revenue Forecast: ICE and EV Applications
Unit Shipment and Revenue Forecast: ICE Applications
Unit Shipment and Revenue Forecast: EV Applications
Percent Unit Shipment Forecast by Product Type: New vs. Remanufactured
Percent Revenue Forecast by Product Type: New vs. Remanufactured
Percent Unit Shipment Forecast by Segment: ICE Applications
Percent Revenue Forecast by Segment: ICE Applications
Percent Unit Shipment Forecast by Segment: EV Applications
Percent Revenue Forecast by Segment: EV Applications
Pricing Analysis: ICE Applications
Pricing Analysis: EV Applications
Competitive Analysis: Revenue Market Share
Revenue Share by Distribution Channel and Replacement Mode

Distribution Channel Analysis

Brake Pads: Retail Supplier Matrix
Brake Pads: Market Share of Distribution Channel Participants
Brake Pads: Distributor Brand Analysis
Brake Shoes: Retail Supplier Matrix
Brake Shoes: Market Share of Distribution Channel Participants
Brake Shoes: Distributor Brand Analysis
Brake Rotors: Retail Supplier Matrix
Brake Rotors: Market Share of Distribution Channel Participants
Brake Rotors: Distributor Brand Analysis
Brake Drums: Retail Supplier Matrix
Brake Drums: Market Share of Distribution Channel Participants
Brake Drums: Distributor Brand Analysis
Brake Calipers: Retail Supplier Matrix
Brake Calipers: Market Share of Distribution Channel Participants
Brake Calipers: Distributor Brand Analysis

Supplier Profiles

North American Passenger Vehicle Replacement Brakes Aftermarket Industry: Summary of Brands
MAT Holdings Inc.
Friction One Brake Technology
First Brands Group
DRiV Automotive Inc., a Tenneco Company
Winhere Brake Parts Inc.
Rayloc, a Subsidiary of Genuine Parts Company
Akebono Brake Corp.
BBB Industries LLC.
Cardone Industries Inc.
EBC Brakes USA Inc.
Brembo North America Inc.
Bosch Auto Parts, a Division of Robert Bosch LLC.
ZF-TRW Automotive

Growth Opportunity Universe

Growth Opportunity 1: Emergence of EVs
Growth Opportunity 2: Brake Remanufacturing
Growth Opportunity 3: Leveraging eCommerce

The Last Word

The Last Word: 3 Big Predictions

Next Steps

Your Next Steps
Why Frost, Why Now?
List of Exhibits
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