Free press releases distribution network?

Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Growth in the North American Friction Parts Aftermarket Driven by Increasing Sales of Higher-priced Components - Manufacturers in the North American brake system parts aftermarket have launched new product lines to capture growth in the ceramic friction parts segment
Growth in the North American Friction Parts Aftermarket Driven by Increasing Sales of Higher-priced Components

 

PRZOOM - /newswire/ - Palo Alto, CA, United States, 2008/07/10 - Manufacturers in the North American brake system parts aftermarket have launched new product lines to capture growth in the ceramic friction parts segment.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The utilization of ceramic friction as standard equipment on many new vehicle models drives this growth. However, high gas prices will restrain demand for brake pads and shoes in the foreseeable future. To maintain growth, manufacturers must promote higher-priced parts that increase profits at the manufacturer, distributor and installer levels.

New analysis from Frost & Sullivan (automotive.frost.com), North American Brake System Parts Aftermarket: Friction Parts, finds that the market earned revenues of $1.21 billion in 2007 and estimates this to reach $1.58 billion in 2014.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the North American brake system parts aftermarket for friction parts, then send an email to Sara Villarruel, Corporate Communications, at svillarruel_pr[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, an overview will be sent to you by email.

"With higher raw material costs and increased competition from foreign producers, manufacturers are looking for ways to improve the profit margins on brake pads and shoes," notes Frost & Sullivan Senior Industry Analyst Stephen Spivey. "Moving customers in the low-priced product line into the mid-grade line, and those in the mid-grade line into the premium line, increases profits and allows manufacturers to invest in researching and developing the next generation of friction parts."

Increasing sales of higher-priced parts will drive revenue growth in the friction parts aftermarket. Manufacturers will work to up-sell their customers from lower-priced product lines into higher-priced lines in an effort to support profitability across the value chain. Friction parts that have less ceramic content, but are positioned as traditional ceramic pads, will drive revenue growth in the short to medium term.

However, increasing gas prices act as a key restraint for the sale of friction parts, since drive mileage determines the service life of most brake pads and shoes. Currently, people drive less because they cannot afford gas, which means they do not need to service their brakes as often.

"High gas prices have an exacerbated effect on the friction parts aftermarket because demand is closely tied to how much gasoline people buy and use," says Spivey. "Because of high gas prices, vehicle owners are also postponing servicing their vehicles, which further slows market growth."

Given the challenging economic environment, manufacturers must emphasize product differentiation, customer service and profitability throughout the value chain. These represent the main pathways for suppliers to add value to their product offerings, thereby giving distributors an incentive to buy from one manufacturer instead of another. Additionally, suppliers should strive to offer full coverage of all vehicle makes and models as well as carry complementary products such as rotors and calipers.

North American Brake System Parts Aftermarket: Friction Parts is part of the Automotive & Transportation Growth Partnership Service program, which also includes research in the following markets: Analysis of the Attitudes and Behaviors of U.S. Vehicle Modification Enthusiasts, the North American School Bus Telematics Markets, and the North American Wiper Blades and Refills Aftermarket. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership™ empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

North American Brake System Parts Aftermarket: Friction Parts
N37B

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Growth in the North American Friction Parts Aftermarket Driven by Increasing Sales of Higher-priced Components

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Frost & Sullivan |
Contact: Sara Villarruel 
210.477.8448 sara.villarruel[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Automotive/Trucking/RV Most Recent Related Press Releases:

First Transports in Networked Trucks - DB Schenker and MAN Agree on Platooning Project
MAN Truck & Bus Are Placing the New MAN TGE Under Static Scrutiny As Part of A Van Bodybuilders’ Day Today
MAN Lion's Intercity is Russia’s Intercity Bus of the Year
Enel and Nissan Present First All-inclusive Electric Mobility Solution
MAN Truck & Bus Korea Launched MAN Lion’s Touring - The First and Only Cabriolet Bus for Sightseeing Tours in Korea
Influx of Cheap Imports Floods the Automotive Filter Aftermarket Says Frost & Sullivan
BASF Introduces Latest Robust Connectors for Automotive Wire Harnesses
Man Group Announces 100 NEOPLAN Skyliner Coaches for Rome
BASF Introduces Synthetic Leather Made with Elastollan® - Makes Car Seats More Comfortable
Frost & Sullivan Acclaims Federal-Mogul Motorparts' Visionary Solutions and Growth Strategies for the North American Automotive Aftermarket

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  NAKIVO, Inc.

Visit  JobsWare.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today