Latest Report Update: Oct 15, 2021

U.S. Motor Vehicle Brake System Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Overview of the Market for Motor Vehicle Brake Systems 2021

Market Size for Motor Vehicle Brake Systems in the U.S.

In 2020, the U.S. motor vehicle brake system market decreased by -X% to $X, falling for the fourth consecutive year after ten years of growth. Over the period under review, consumption, however, saw resilient growth. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2020, consumption failed to regain the momentum.

Production of Motor Vehicle Brake Systems in the U.S.

In value terms, motor vehicle brake system production totaled $X in 2020. Overall, production recorded a moderate increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; afterwards, it flattened through to 2020.

Exports of Motor Vehicle Brake Systems

Exports from the U.S.

In 2020, after two years of growth, there was decline in overseas shipments of motor vehicle brake systems, when their volume decreased by -X% to X tonnes. In general, exports saw a noticeable setback. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at X tonnes in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, motor vehicle brake system exports declined markedly to $X in 2020. Over the period under review, exports saw a pronounced downturn. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Canada (X tonnes) was the main destination for motor vehicle brake system exports from the U.S., with a X% share of total exports. Moreover, motor vehicle brake system exports to Canada exceeded the volume sent to the second major destination, Mexico (X tonnes), more than tenfold.

From 2013 to 2020, the average annual growth rate of volume to Canada stood at -X%.

In value terms, the largest markets for motor vehicle brake system exported from the U.S. were Mexico ($X) and Canada ($X terms of the main countries of destination, Mexico recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average motor vehicle brake system export price stood at $X per tonne in 2020, reducing by -X% against the previous year. In general, the export price, however, saw a slight expansion. The most prominent rate of growth was recorded in 2015 an increase of X% year-to-year. The export price peaked at $X per tonne in 2017; however, from 2018 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Mexico ($X per tonne), while the average price for exports to Canada stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Mexico.

Imports of Motor Vehicle Brake Systems

Imports into the U.S.

In 2020, after two years of growth, there was significant decline in supplies from abroad of motor vehicle brake systems, when their volume decreased by -X% to X tonnes. Overall, imports, however, continue to indicate tangible growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tonnes in 2019, and then fell in the following year.

In value terms, motor vehicle brake system imports reduced to $X in 2020. Over the period under review, imports, however, continue to indicate a slight increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2019, and then reduced in the following year.

Imports by Country

In 2020, China (X tonnes) constituted the largest supplier of motor vehicle brake system to the U.S., with a X% share of total imports. Moreover, motor vehicle brake system imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tonnes), threefold. India (X tonnes) ranked third in terms of total imports with a X% share.

From 2013 to 2020, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and India (+X% per year).

In value terms, Mexico ($X), China ($X) and Japan ($X) appeared to be the largest motor vehicle brake system suppliers to the U.S., together accounting for X% of total imports.

In terms of the main suppliers, Mexico saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average motor vehicle brake system import price stood at $X per tonne in 2020, almost unchanged from the previous year. Overall, the import price, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of motor vehicle brake systems to the U.S.?
+
In value terms, Mexico ($1.9B), China ($1.4B) and Japan ($274M) were the largest motor vehicle brake system suppliers to the U.S., with a combined 71% share of total imports.
What are the leading importers of motor vehicle brake systems from the U.S.?
+
In value terms, Mexico ($970M) and Canada ($940M) were the largest markets for motor vehicle brake system exported from the U.S. worldwide.
What is the average export price for motor vehicle brake systems in the U.S.?
+
The average motor vehicle brake system export price stood at $2,975 per tonne in 2020, shrinking by -22.5% against the previous year.
What is the average import price for motor vehicle brake systems in the U.S.?
+
In 2020, the average motor vehicle brake system import price amounted to $3,376 per tonne, remaining stable against the previous year.

Product coverage:
• NAICS 336340 - Motor vehicle brake system manufacturing

This report provides an in-depth analysis of the market for motor vehicle brake system in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Companies mentioned:
• Continental Automotive Systems
• Carlisle Industrial Brake & Friction
• Nissin Brake Ohio
• Affinia Group
• HB Performance Systems
• Mico
• Wabco Holdings Inc.
• Advics Manufacturing Ohio
• Haldex Brake Products Corporation
• Brake Parts
• Performance Friction Corporation
• Whirlaway Corporation
• Syncro Corporation
• Johnson Welded Products
• Nisshinbo Automotive Manufacturing
• Sealco Commercial Vehicle Products
• Gunite Corporation
• Hebco Products
• Haldex
• Morse Automotive Corporation
• Indiana LLC Advics Manufacturing
• Akebono Brake
• Glasgow Plant
• Safa
• Bendix Spicer Foundation Brake
• Continental Teves
• Ambrake Manufacturing
• Akebono Brake
• Elizabethtown Plant
• Stemco Products
• Harco Manufacturing Group
• Haldex Brake Corporation
• Bpi Holdings International
• TOA (usa)

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2013–2020
Table 3:
Market Value, 2013–2020
Table 4:
Per Capita Consumption In 2013–2020
Table 5:
Imports, In Physical Terms, By Country, 2013–2020
Table 6:
Imports, In Value Terms, By Country, 2013–2020
Table 7:
Import Prices, By Country Of Origin, 2013–2020
Table 8:
Exports, In Physical Terms, By Country, 2013–2020
Table 9:
Exports, In Value Terms, By Country, 2013–2020
Table 10:
Export Prices, By Country Of Destination, 2013–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2020
Figure 2:
Market Value, 2013–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2020
Figure 5:
Trade Balance, In Physical Terms, 2013–2020
Figure 6:
Trade Balance, In Value Terms, 2013–2020
Figure 7:
Per Capita Consumption, 2013–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2020
Figure 21:
Production, In Value Terms, 2013–2020
Figure 22:
Imports, In Physical Terms, 2013–2020
Figure 23:
Imports, In Value Terms, 2013–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2013–2020
Figure 26:
Imports, In Value Terms, By Country, 2013–2020
Figure 27:
Import Prices, By Country Of Origin, 2013–2020
Figure 28:
Exports, In Physical Terms, 2013–2020
Figure 29:
Exports, In Value Terms, 2013–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2013–2020
Figure 32:
Exports, In Value Terms, By Country, 2013–2020
Figure 33:
Export Prices, By Country Of Destination, 2013–2020

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