Frost & Sullivan: Low-Cost Wheel End Brake Components Increasing Penetration in the Aftermarket

Frost & Sullivan: Low-Cost Wheel EndFrost & Sullivan: Low-Cost Wheel End Brake Components Increasing Penetration in the Aftermarket PR Newswire MOUNTAIN VIEW, California, Dec. 12, 2013 -- Competitive pricing and high quality products essential to win back competition from low-cost imports The growing Mega Trend of urbanization and the consequent increase in vehicles in operation (VIO) has culminated in more stop-and-go traffic than ever before. This has lead to higher wear and tear in wheel end brake components, creating a strong case for the class 4-8 commercial vehicle wheel end brake components market. New analysis from Frost & Sullivan (http://www.automotive.frost.com), Strategic Analysis of the North American Class 4-8 Commercial Vehicle Wheel End Brake Components Aftermarket, finds that the market earned revenue of $705.8 million in 2012 and estimates this to reach $906.5 million in 2019. The research covers the product segments of drums, rotors, calipers, and wheel hubs. Among these categories, pneumatic drum brakes and hydraulic brake rotors are the primary revenue drivers. If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at jeannette.garcia@frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.