Report analyzes commercial brakes for Class 4-8
A recently published report offers a comprehensive analysis of the North American Class 4-8 commercial vehicle brake pads and shoes aftermarket.
This deliverable measures revenues for the United States and Canada at the manufacturer level.
The report analyzes key market drivers and restraints, revenue shares product type, and revenues through each distribution channel. Benchmarking is done for major market participants in each product category and potential strengths and weaknesses are identified. Forecasts for each market are given from the historical period of 2008 to 2011 through the forecast period of 2012 to 2018.
Among the report’s findings are that the CV brake pads and shoes aftermarket is expected to grow steadily through 2018. Pricing, which is expected to increase, will be driven by product differentiation and growth in the pneumatic disc brake market segment, report says.
Unit shipments will be bolstered by an increase in commercial vehicle activity, growth in the number of vehicles in operation, and on the heels of increased safety requirements. Distribution channel revenue is expected to shift slightly toward the OES channel, driven by an increase in system complexity, the report says.
The full report can be downloaded here.