Dublin, Feb. 29, 2024 (GLOBE NEWSWIRE) -- The "Growth Opportunities in the North American Passenger Vehicle Replacement Brakes Aftermarket" report has been added to ResearchAndMarkets.com's offering.
A comprehensive study focusing on the North American replacement brakes aftermarket for passenger vehicles and light commercial vehicles (class 1-3) has been added to our extensive collection of industry research. The analysis showcases a detailed survey of the market, delving into diverse aspects such as volume, value, distribution channels, and competitive landscape, framed within the 2023-2029 forecast period.
With a robust dataset covering 235.5 million units in volume and $3.79 billion in value, the report enhances understanding of the aftermarket brake components, including brake pads, rotors, shoes, drums, and calipers, along with a special focus on remanufactured brake calipers. It not only explores unit shipment and revenue insights but also examines the nuances of replacement rates and market pricing.
An extensive forecast section is meticulously articulated to guide stakeholders through future market scenarios. The research juxtaposes the independent aftermarket (IAM) and original equipment suppliers (OES), providing comprehensive insights into their respective market shares and operational dynamics. Drawing from the analysis, strategic growth opportunities emerge from the rising wave of alternative fuel vehicles, particularly electric vehicles, and the innovative strides in sustainable manufacturing technologies.
The report's thorough examination of the market trajectory is complemented by profiles of leading suppliers, adding layers of context to the predictive models. Furthermore, the study does not shy away from dissecting the implications of the escalating vehicle in operation (VIO) figures, proffering a forward-looking perspective on the brakes aftermarket's potential.
Key Highlights from the Report
- Unit shipment and revenue breakdowns across brake component subcategories.
- Comparative analysis of IAM and OES channels and their market shares.
- Impact of alternative fuel vehicles on the aftermarket brakes segment.
- Exploration of sustainable manufacturing technologies within the industry.
- Strategic growth opportunities linked to increased VIO figures.
The confluence of technological innovation and shifts in vehicle preferences signals a vibrant phase for market stakeholders. This report promises to be an invaluable resource for those seeking to capitalize on the dynamic North American passenger vehicle replacement brakes aftermarket. With a clearly defined time frame and detailed segmentation, this study offers a navigation tool for market participants facing the challenges and opportunities ahead.
As the automotive industry continues to evolve at an accelerated pace, such analytical reports prove crucial for businesses to stay informed and strategically aligned with market movements. By shedding light on the patterns of demand and supply, this analysis informs decision-making processes and underlies effective strategies that resonate with current market needs.
Key Topics Covered
- Strategic Imperatives
- Growth Environment
- Research Scope
- Total Market Forecasts and Trends
- Brake Pads Aftermarket
- Brake Shoes Aftermarket
- Brake Rotors Aftermarket
- Brake Drums Aftermarket
- Brake Calipers Aftermarket
- Distribution Channel Analysis
- Supplier Profiles
- Growth Opportunity Universe
- The Last Word
- Next Steps
A selection of companies mentioned in this report includes
- 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
For more information about this report visit https://www.researchandmarkets.com/r/xkb1oi
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