$10.8bn
$XXX.Xm
19,713
136
$X.Xbn
Automobile brake manufacturers have struggled alongside the broader automotive sector through the current period. Unprecedented economic volatility associated with the pandemic and surging interest rates have threatened stability in key passenger and commercial vehicle markets, limiting growth opportunities. In particular, higher interest rates have pushed many consumers and businesses to prioritize repairs, which make up a small portion of total revenue, instead of new vehicles. Even so, strong freight demand and soaring e-commerce demand have created opportunities in commercial vehicle markets. Similarly, infrastructure investment has created demand, especially as municipalities replace diesel buses with electric models. Overall, revenue has faltered at an estimated CAGR of 3.4% to $10.8 billion through the current period, including a 0.4% drop in 2024, where profit reached 4.6%.
Industry revenue has declined at a CAGR of 3.4 % over the past five years, to reach an estimated $10.8bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Aisin Seiki Co Ltd | 906.6 | 44.6 | 4.9 | |
Continental Ag | 181.0 | 17.3 | 9.6 |
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Automobile Brakes Manufacturing in the US
Industry revenue is measured across several distinct product and services lines, including Drum brake systems, Disc brake systems and All other brake parts . Drum brake systems is the largest segment of the Automobile Brakes Manufacturing in the US.
Disc brakes remain the standard
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.
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NAICS 33634 - Automobile Brakes Manufacturing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Automobile brake manufacturers have struggled through most of the current period. Volatile supply chains, economic uncertainty and climbing interest rates have dampened growt...
Learn about an industry's products and services, markets and trends in international trade.
Disc brakes are widely used in passenger vehicles. Drum brakes are less common in passenger vehicles but remain an important facet of heavy-duty vehicle manufacturing.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Most brake manufacturers operate near key buyers and suppliers. Most vehicle manufacturers have facilities in the Southeast and Great Lakes, contributing to higher concentrat...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Brake manufacturers rely on strong reputations and connections with key buyers. Many companies forge long-term contracts with key automakers to generate revenue.
Learn about the performance of the top companies in the industry.
Most companies operate as subcontractors. These companies often handle orders from bigger automakers and other brake manufacturers to generate revenue.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Various regulations and incentive programs will change the industry's landscape. Many regulations will reduce copper usage in brakes while other incentives, like the IIJA and...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Companies have faced intense input price volatility. Supply chain disruptions have contributed to spiking metal prices, limiting profit opportunities, especially for smaller ...
Including values and annual change:
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Key data sources in the US include:
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The market size of the Automobile Brakes Manufacturing in the US industry in United States is $10.8bn in 2024.
There are 136 businesses in the Automobile Brakes Manufacturing in the US industry in United States, which has declined at a CAGR of 0.0 % between 2019 and 2024.
The market size of the Automobile Brakes Manufacturing in the US industry in United States has been declining at a CAGR of 3.4 % between 2019 and 2024.
Over the next five years, the Automobile Brakes Manufacturing in the US industry in United States is expected to grow.
The biggest companies operating in the Automobile Brakes Manufacturing market in United States are Aisin Seiki Co Ltd and Continental Ag
Drum brake systems and Disc brake systems are part of the Automobile Brakes Manufacturing in the US industry.
The company holding the most market share in United States is Aisin Seiki Co Ltd.
The level of competition is moderate and increasing in the Automobile Brakes Manufacturing in the US industry in United States.