The global automotive brake friction product market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 4.2 billion by 2030. The passenger vehicle segment is expected to account for the largest share of the market in terms of value, followed by LCV and HCV segments. The passenger vehicle segment is projected to grow at a CAGR of 3.6% during the forecast period, while LCV and HCV segments are projected to grow at a CAGR of 2.8%.
North America accounted for the largest share in terms of value in 2017 and is expected to continue its dominance over other regions throughout the forecast period due to high demand from OEMs such as General Motors Company (GM), Ford Motor Company (Ford), Toyota Motor Corporation (Toyota) among others for their vehicles in this region. Europe accounted for second-largest share in terms of value due to high demand from OEMs such as Volkswagen AG (VW), Daimler AG (Daimler) among others for their vehicles in this region. Asia Pacific accounted for third-largest share due mainly because it has been witnessing rapid growth rates owing primarily on increasing number of car sales across countries such as China, India, Japan among others which have been witnessing rapid growth rates owing primarily on increasing number car sales across countries such as China, India, Japan among others.
Some Of The Growth Factors Of This Market:
- Increasing demand for fuel-efficient vehicles and the need for better braking performance are some of the factors driving the growth of this market.
- The increasing number of accidents due to poor braking performance is also driving the growth of this market.
- Increasing demand for electric vehicles and hybrid vehicles is also driving the growth of this market.
- The increasing number of OEMs in developing countries such as China, India, Brazil, and Mexico are also driving the growth.
Industry Growth Insights published a new data on “Automotive Brake Friction Product Market”. The research report is titled “Automotive Brake Friction Product Market research by Types (Brake Pads, Brake Shoes, Brake Lining), By Applications (Passenger Vehicle, LCV(Light Commercial Vehicle), HCV(Heavy Commercial Vehicle)), By Players/Companies Federal Mogul, Bosch, TMD GROUP, TRW Automotive, MAT Holdings, ATE, ICER, BREMBO, Util Group, ABS Friction, Metek GmbH, ITT Corporation, AKEBONO Group”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Brake Friction Product Market Research Report
By Type
Brake Pads, Brake Shoes, Brake Lining
By Application
Passenger Vehicle, LCV(Light Commercial Vehicle), HCV(Heavy Commercial Vehicle)
By Companies
Federal Mogul, Bosch, TMD GROUP, TRW Automotive, MAT Holdings, ATE, ICER, BREMBO, Util Group, ABS Friction, Metek GmbH, ITT Corporation, AKEBONO Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Brake Friction Product Market Report Segments:
The global Automotive Brake Friction Product market is segmented on the basis of:
Types
Brake Pads, Brake Shoes, Brake Lining
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, LCV(Light Commercial Vehicle), HCV(Heavy Commercial Vehicle)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Federal Mogul
- Bosch
- TMD GROUP
- TRW Automotive
- MAT Holdings
- ATE
- ICER
- BREMBO
- Util Group
- ABS Friction
- Metek GmbH
- ITT Corporation
- AKEBONO Group
Highlights of The Automotive Brake Friction Product Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Brake Pads
- Brake Shoes
- Brake Lining
- By Application:
- Passenger Vehicle
- LCV(Light Commercial Vehicle)
- HCV(Heavy Commercial Vehicle)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Brake Friction Product Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive brake friction product is a measure of how much friction is created by the braking system when it applies pressure to the brake pedal.
Some of the major players in the automotive brake friction product market are Federal Mogul, Bosch, TMD GROUP, TRW Automotive, MAT Holdings, ATE, ICER, BREMBO, Util Group, ABS Friction, Metek GmbH, ITT Corporation, AKEBONO Group.
The automotive brake friction product market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Brake Friction Product Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automotive Brake Friction Product Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automotive Brake Friction Product Market - Supply Chain
4.5. Global Automotive Brake Friction Product Market Forecast
4.5.1. Automotive Brake Friction Product Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Brake Friction Product Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automotive Brake Friction Product Market Absolute $ Opportunity
5. Global Automotive Brake Friction Product Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automotive Brake Friction Product Market Size and Volume Forecast by Type
5.3.1. Brake Pads
5.3.2. Brake Shoes
5.3.3. Brake Lining
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automotive Brake Friction Product Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automotive Brake Friction Product Market Size and Volume Forecast by Application
6.3.1. Passenger Vehicle
6.3.2. LCV(Light Commercial Vehicle)
6.3.3. HCV(Heavy Commercial Vehicle)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automotive Brake Friction Product Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automotive Brake Friction Product Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automotive Brake Friction Product Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automotive Brake Friction Product Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automotive Brake Friction Product Demand Share Forecast, 2019-2026
9. North America Automotive Brake Friction Product Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automotive Brake Friction Product Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automotive Brake Friction Product Market Size and Volume Forecast by Application
9.4.1. Passenger Vehicle
9.4.2. LCV(Light Commercial Vehicle)
9.4.3. HCV(Heavy Commercial Vehicle)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automotive Brake Friction Product Market Size and Volume Forecast by Type
9.7.1. Brake Pads
9.7.2. Brake Shoes
9.7.3. Brake Lining
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automotive Brake Friction Product Demand Share Forecast, 2019-2026
10. Latin America Automotive Brake Friction Product Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automotive Brake Friction Product Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automotive Brake Friction Product Market Size and Volume Forecast by Application
10.4.1. Passenger Vehicle
10.4.2. LCV(Light Commercial Vehicle)
10.4.3. HCV(Heavy Commercial Vehicle)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automotive Brake Friction Product Market Size and Volume Forecast by Type
10.7.1. Brake Pads
10.7.2. Brake Shoes
10.7.3. Brake Lining
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automotive Brake Friction Product Demand Share Forecast, 2019-2026
11. Europe Automotive Brake Friction Product Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automotive Brake Friction Product Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automotive Brake Friction Product Market Size and Volume Forecast by Application
11.4.1. Passenger Vehicle
11.4.2. LCV(Light Commercial Vehicle)
11.4.3. HCV(Heavy Commercial Vehicle)
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automotive Brake Friction Product Market Size and Volume Forecast by Type
11.7.1. Brake Pads
11.7.2. Brake Shoes
11.7.3. Brake Lining
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automotive Brake Friction Product Demand Share, 2019-2026
12. Asia Pacific Automotive Brake Friction Product Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automotive Brake Friction Product Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automotive Brake Friction Product Market Size and Volume Forecast by Application
12.4.1. Passenger Vehicle
12.4.2. LCV(Light Commercial Vehicle)
12.4.3. HCV(Heavy Commercial Vehicle)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automotive Brake Friction Product Market Size and Volume Forecast by Type
12.7.1. Brake Pads
12.7.2. Brake Shoes
12.7.3. Brake Lining
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automotive Brake Friction Product Demand Share, 2019-2026
13. Middle East & Africa Automotive Brake Friction Product Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automotive Brake Friction Product Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automotive Brake Friction Product Market Size and Volume Forecast by Application
13.4.1. Passenger Vehicle
13.4.2. LCV(Light Commercial Vehicle)
13.4.3. HCV(Heavy Commercial Vehicle)
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automotive Brake Friction Product Market Size and Volume Forecast by Type
13.7.1. Brake Pads
13.7.2. Brake Shoes
13.7.3. Brake Lining
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automotive Brake Friction Product Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Automotive Brake Friction Product Market: Market Share Analysis
14.2. Automotive Brake Friction Product Distributors and Customers
14.3. Automotive Brake Friction Product Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Federal Mogul
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bosch
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TMD GROUP
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TRW Automotive
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MAT Holdings
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ATE
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ICER
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BREMBO
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Util Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ABS Friction
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Metek GmbH
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ITT Corporation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. AKEBONO Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
