Shifting gears: After years of strong growth, the industry will experience minor revenue losses moving forward

The Automobile Brakes Manufacturing industry experienced improved demand over the five years to 2018. Gains in household income and consumer confidence, combined with low interest rates and pent-up demand, supported increased car sales. Overall, as automobile manufacturers responded to increased demand, they purchased more industry products. Despite gains, the industry has experienced strong competition from imports. Foreign automakers have increased their share of the domestic market, which typically limits the effect of new car demand on the industry. Over the next five years, the industry is forecast to experience a decline in overall revenue. Competition from foreign manufacturers is expected to increase and to hinder industry growth...purchase to read more.

Industry Statistics & Market Size
Revenue
$12bn
Annual Growth 13-18
2.7%
Forecast Growth 18-23
Profit
Employment
22,483
Businesses
210

Industry Threats & Opportunities

  • Overall, as automobile manufacturers responded to increased demand, they purchased more industry products
  • Foreign and domestic companies make use of offshore component manufacturers
  • Brake manufacturing revenue may benefit from increased integration of newly advanced brake systems
  • Industry Report - Industry SWOT Analysis Chapter

    IBISWorld considers the Automobile Brakes Manufacturing industry to be in the mature stage of its life cycle. Industry value added, a measure of the industry's contribution to the overall economy, is expected to grow at an annualized rate of 0.7% over the 10 years to 2023. Comparatively, US GDP growth is expected to reach an annualized 2.2% during the same period. competition has increased because currency valuations and operating structures have made foreign brake products less expensive than those produced in the United States. Therefore, rather than expanding into new markets, industry operators have focused more on streamlining domestic production techniques and consolidating struggling companies when necessary. Dur...purchase to read more.

    Additional Insights for the Automobile Brakes Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Automobile Brakes Manufacturing Industry are

  • Access to the most advanced and efficient technologies
  • Effective cost controls
  • Must comply with government regulations
  • IBISWorld analysts also discuss how external factors such as New car sales and Consumer Confidence Index in the Automobile Brakes Manufacturing industry impact industry performance..

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    What's in this report

    What is the Automobile Brakes Manufacturing Industry?

    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.

    Industry Products
  • Drum brakes
  • Disc brakes
  • Brake linings, pads, valves, calipers and all other brake parts
  • Rebuilt parts
  • Industry Activities
  • Brake cylinder, master and wheel
  • Brake drum
  • Brake hose assembly
  • Brake pad and shoe
  • Brake caliper
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • New car sales
  • Consumer Confidence Index
  • Trade-weighted index
  • Number of motor vehicle registrations

  • Current Performance
  • Positive demand trends
  • Global competition
  • Input price declines
  • Chart: Revenue Growth

  • Industry Outlook
  • Brake manufacturing pivots
  • Keys to success
  • Table: Automobile Brakes Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Automobile Brakes Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Car & Automobile Manufacturing
  • SUV & Light Truck Manufacturing
  • Truck & Bus Manufacturing
  • Auto Parts Wholesaling

  • Key Selling Industries
  • Ferrous Metal Foundry Products
  • Plastic Products Miscellaneous Manufacturing
  • Wire & Spring Manufacturing

  • Products & Services
  • Brake linings, pads, valves, calipers and all other brake parts
  • Disc brakes
  • Drum brakes
  • Rebuilt parts
  • Chart: Automobile Brakes Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Original equipment manufacturers
  • Exports
  • Automotive aftermarket
  • Other
  • Chart: Major Market Segmentation for the Automobile Brakes Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Automobile Brakes Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Automobile Brakes Manufacturing Industry

  • Industry Globalization
    Akebono Brake Corporation, Aisin Seiki Co. Ltd.,
  • Table: Akebono Brake Corporation - financial performance
  • Table: Aisin Seiki Co. Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Automobile Brakes Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Automobile Brakes Manufacturing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • New car sales (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Aftermarket
  • Automotive products that are not included in the initial purchase of a new automobile. Replacement brakes, for example, are included in this category, whether manufactured by an OEM or not.
  • Original Equipment Manufacturer (Oem)
  • A company that manufactures products for the consumer marketplace using parts sourced from manufacturing industries. Ford, GM and Chrysler are the three major US automobile OEMs
  • Regenerative Brakes
  • Brakes that use electric motors to capture kinetic energy as a vehicle stops; this energy is wasted as heat in traditional brakes.
  • Scrappage Rate
  • The rate at which used vehicles are retired from active use.
  • Tier 1 Supplier
  • A manufacturer of parts that directly sells components to automobile manufacturers in the OEM market.
  • What Our Customers Say

    Why buy this report?

    The Automobile Brakes Manufacturing Industry Research Report measures market size, analyses current and future trends, and provides an indication of market share for the industry’s largest companies. IBISWorld’s collection of industry market research reports gives you insightful, up-to-date information on the supply chains, economic drivers, and key buyers and markets for hundreds of industries.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Automobile Brakes Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Automobile Brakes Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Automobile Brakes Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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