Automobile Brakes Manufacturing in the US - Industry Market Research Report

Automobile Brakes Manufacturing in the US - Industry Market Research Report


Automobile Brakes Manufacturing in the US

Automobile brake manufacturers have been dragged down by the struggles of the automotive sector in recent years. The outbreak of COVID-19 led to forced shutdowns of nonessential businesses, closing the doors for many auto-related sectors. This period of economic uncertainty led to consumer spending drying up. So, consumers were prioritizing other expenses, considering transportation wasn't needed during lockdowns. As the economy reopened, the auto sector enjoyed revitalized demand. But commodity prices soared as supplies lagged behind the rapidly recovering sector, raising both production costs and operating costs, pressuring profit and making automobiles more expensive to buy and own. Overall, industry revenue has been falling at a CAGR 8.2% to $9.6 billion over the past five years, including a drop of 0.8% in 2023 alone.

Companies in this industry manufacture and rebuild motor vehicle brake systems and related components for major US automakers and other foreign automakers that operate manufacturing operations in the United States.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings