Replacement Brake Systems Driving Transformational Growth Due to Shifting Preferences in Passenger Vehicle Category
This study covers the brake component aftermarket for passenger cars and light commercial vehicles (class 1 to 3) in Latin America, specifically Mexico, Brazil, and Argentina, in terms of both volume/units and value/revenue. The analysis includes unit shipment and revenue by automotive brake subcategories (i.e., brake pads, brake rotors/discs, brake shoes, brake drums, and brake calipers), and remanufactured sub-categories. The research discusses brake replacement aftermarket 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 2023 and the forecast period is from 2024 to 2030. In addition to market trends, industry growth opportunities tied to the emergence of new consumer patterns and the impact of vehicles in operation (VIO) figures are also provided.
Transformation in the Latin American Brake Replacement Aftermarket
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 88
The Impact of the Top 3 Strategic Imperatives on the Latin American (LATAM) Brake Replacement Aftermarket
Ecosystem in the LATAM Brake Replacement Aftermarket
Scope of Analysis
Product Segmentation
Competitive Environment
Key Competitors
Key Metrices-LATAM Brake Replacement Aftermarket
Key Metrices-Vehicles in Operation (VIO) by Country
Table Brake Replacement Aftermarket: VIO by Country, LATAM, 2019-2030
Key Metrices-New Vehicle Sales (NVS) by Country
Table Brake Replacement Aftermarket: NVS by Country, LATAM, 2019-2030
Key Metrices-Average Kilometers (Km) Driven by Country
Table Brake Replacement Aftermarket: Average Km Driven by Country, LATAM, 2019-2030
Growth Generator in the LATAM Brake Replacement Aftermarket