Strategic Analysis of the North American Semi-Trailer Selected Original Equipment Wheel-End Components Market
LONDON, Jan. 11, 2016 /PRNewswire/ -- Strategic Analysis of the North American Semi-Trailer Selected Original Equipment Wheel-End Components Market : By 2022, Air Disc Brake Market Penetration to Reach 13%
This research service analyzes the North American market for original equipment drum brakes, slack adjusters, and wheel hubs for semi-trailers (dry van, refrigerated, flatbed, and tanker). It assesses market dynamics, including market and technology trends, and provides unit shipment and revenue forecasts. The study examines original equipment manufacturer influences on supplier selection and breaks down current and expected semi-trailer production shares by type. It includes insights about the current and future competitive environment as well as profiles of leading market participants. The base year is 2014; the forecast period is from 2015 to 2022. Report Research : Original Equipment Wheel-End Components
Key Questions this Study Will Answer
- What is the growth outlook for semi-trailers?
- What is the size of the semi-trailer OE wheel-end components market?
- What are the current and expected component price ranges and market revenue?
- What is the competitive environment?
- What are the current and future strategies that will foster growth for market participants?
Summary of Key Findings
Market Size 2014–2022
The semi-trailer original equipment (OE) wheel-end components market is mature. Total market unit shipments in 2014 were ~ million, contributing to ~$ million in total revenue. Unit shipments are expected to decline to ~ million, and revenue to ~$ million, by 2022.
Pricing
Tier I suppliers are facing pricing pressures from consumers who are increasingly demanding low-cost wheel-end component options (typically $ to $ less) as total cost of operations (TCO) concerns continue to mount, and from original equipment manufacturers (OEMs) as vertical integration strategies are being implemented.
Competition
The market is experiencing intense competition from domestic and offshore competitors. A value components market has opened up in North America and has the potential to disrupt the market.
Regulatory Environment
Stronger government regulations for stopping distance are driving technological improvements for brakes and will be a factor in air disc brake (ADB) technology's slight growth and the proliferation of larger drum brakes.
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SOURCE ReportBuyer
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