Growth Opportunities in the North American Passenger Vehicle Replacement Brakes Aftermarket
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.
- 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
- Table Total Replacement Brakes Aftermarket: Class 1–3 Vehicles (ICE and EV) in Operation Forecast by Vehicle Age, North America, 2019–2029
- VIO Forecast by Country
- Table Total Replacement Brakes Aftermarket: Class 1–3 VIO Forecast by Country, North America, 2019–2029
- Total Market Forecasts and Trends
- Key Findings
- Key Indicators: NA Passenger Vehicle Brake Replacement Aftermarket
- Key Indicators
- 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
- Table Total Replacement Brakes Aftermarket: Unit Shipment Forecast by Product Type – ICE, North America, 2019–2029
- Unit Shipment Forecast by Product Type: EV Applications
- Table Total Replacement Brakes Aftermarket: Unit Shipment Forecast by Product Type – EV, North America, 2019–2029
- Revenue Forecast by Product Type: ICE Applications
- Table Total Replacement Brakes Aftermarket: Revenue Forecast by Product Type – ICE, North America, 2019–2029
- Revenue Forecast by Product Type: EV Applications
- Table Total Replacement Brakes Aftermarket: Revenue Forecast by Product Type – EV, North America, 2019–2029
- Unit and Revenue Forecast: Analysis
- Overall Pricing Analysis: ICE Applications
- Table Total Replacement Brakes Aftermarket: Pricing Analysis Forecast – ICE, North America, 2019–2029
- Overall Pricing Analysis: EV Applications
- Table Total Replacement Brakes Aftermarket: Pricing Analysis Forecast – EV, North America, 2019–2029
- 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
- Table Brake Pads Aftermarket: Percent Unit Shipment Forecast by Segment – ICE, North America, 2019–2029
- Percent Unit Shipment Forecast by Segment: EV Applications
- Table Brake Pads Aftermarket: Percent Unit Shipment Forecast by Segment – EV, North America, 2019–2029
- Percent Revenue Forecast by Segment: ICE Applications
- Table Brake Pads Aftermarket: Percent Revenue Forecast by Segment – ICE, North America, 2019–2029
- Percent Revenue Forecast by Segment: EV Applications
- Table Brake Pads Aftermarket: Percent Revenue Forecast by Segment – EV, North America, 2019–2029
- Pricing Analysis: ICE Applications
- Table Brake Pads Aftermarket: Pricing Analysis – ICE, North America, 2019–2029
- Pricing Analysis: EV Applications
- Table Brake Pads Aftermarket: Pricing Analysis – EV, North America, 2019–2029
- 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
- Table Brake Shoes Aftermarket: Percent Revenue Forecast by Segment, North America, 2019–2029
- 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
- Table Brake Rotors Aftermarket: Percent Unit Shipment Forecast by Segment – ICE, North America, 2019–2029
- Percent Unit Shipment Forecast by Segment: EV Applications
- Table Brake Rotors Aftermarket: Percent Unit Shipment Forecast by Segment – EV, North America, 2019–2029
- Percent Revenue Forecast by Segment: ICE Applications
- Table Brake Rotors Aftermarket: Percent Revenue Forecast by Segment – ICE, North America, 2019–2029
- Percent Revenue Forecast by Segment: EV Applications
- Table Brake Rotors Aftermarket: Percent Revenue Forecast by Segment – EV, North America, 2019–2029
- Percent Unit Shipment Forecast by Product: New vs. Resurfaced
- Percent Revenue Forecast by Product: New vs. Resurfaced
- Pricing Analysis: ICE Applications
- Table Brake Rotors Aftermarket: Pricing Analysis – ICE, North America, 2019–2029
- Pricing Analysis: EV Applications
- Table Brake Rotors Aftermarket: Pricing Analysis – EV, North America, 2019–2029
- 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
- Table Brake Drums Aftermarket: Average Pricing Analysis, North America, 2019–2029
- 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
- Table Brake Calipers Aftermarket: Percent Unit Shipment Forecast by Segment – ICE, North America, 2019–2029
- Percent Revenue Forecast by Segment: ICE Applications
- Table Brake Calipers Aftermarket: Percent Revenue Forecast by Segment – ICE, North America, 2019–2029
- Percent Unit Shipment Forecast by Segment: EV Applications
- Table Brake Calipers Aftermarket: Percent Unit Shipment Forecast by Segment – EV, North America, 2019–2029
- Percent Revenue Forecast by Segment: EV Applications
- Table Brake Calipers Aftermarket: Percent Revenue Forecast by Segment – EV, North America, 2019–2029
- Pricing Analysis: ICE Applications
- Table Brake Calipers Aftermarket: Pricing Analysis – ICE, North America, 2019–2029
- Pricing Analysis: EV Applications
- Table Brake Calipers Aftermarket: Pricing Analysis – EV, North America, 2019–2029
- 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?
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