Apr 30, 2018   SOURCE: PR NewsWire

North American Class 4-8 Brake Components Aftermarket 2018-2024: Disc Brakes Replacing Drums in High-volume Applications

North American Class 4-8 Brake Components Aftermarket 2018-2024: Disc Brakes Replacing Drums in High-volume Applications

DUBLIN, April 30, 2018 /PRNewswire/ --

The "Pneumatic Disc Brakes Driving Growth in the North American Class 4-8 Brake Components Aftermarket, Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

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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 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.

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?

Key Topics Covered:
1. Executive Summary

2. Research Scope

3. Definitions And Segmentation

4. Demand Analysis

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

6. Growth Opportunities And Companies To Action

7. Class 4-8 Drum Brake Components Aftermarket

8. Class 4-8 Brake Shoes Aftermarket

9. Class 4-8 Brake Drums Aftermarket

10. Class 4-8 Disc Brake Components Aftermarket

11. Class 4-8 Brake Pads Aftermarket

12. Class 4-8 Brake Rotors Aftermarket

13. Class 4-8 Brake Calipers Aftermarket

14. The Last Word

15. Appendix

Companies Mentioned 

    --  Accuride Wheel End Solutions (Gunite)
    --  Alliance Truck Parts
    --  Bendix Commercial
    --  Brake Parts
    --  Federal-Mogul
    --  Haldex
    --  Hendrickson USA
    --  Meritor
    --  Vehicle Systems
    --  WABCO
    --  Webb Wheel Products

For more information about this report visit https://www.researchandmarkets.com/research/pdl99j/north_american?w=5

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Laura Wood, Senior Manager
press@researchandmarkets.com

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SOURCE Research and Markets