Market Overview:
The global brake pads, rotors and brake shoes market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. The global brake pads, rotors and brake shoes market has been segmented on the basis of type into moulded brake linings and woven brake linings. The moulded brake lining segment is expected to account for a major share of the global market owing to its superior performance as compared to woven brakes linings. Furthermore, on the basis of application, the passenger cars segment is anticipated to hold a dominant position in terms of revenue contribution throughout the forecast period followed by commercial vehicles segments respectively.
Product Definition:
Brake pads, rotors and brake shoes are used to stop a car. The brake pads press against the rotor which slows the car down. The brake shoes press against the drum which also slows the car down.
Moulded Brake Linings:
Molded brake lining is a type of plastic that is used to make linings for drums, rotors, and shoes. It has the ability to mold into any shape which makes it very popular among manufacturers of automotive parts. The material also offers high impact resistance and durability owing to which it is used in making linings for brake systems in vehicles as well as personal use such as bicycle & motorcycle braking systems.
Woven Brake Linings:
Woven brake lining is a fabric reinforcement layer that is woven into the lining of the brake pad, rotor or shoe. The primary function of this product is to increase the durability and service life of braking components by providing additional strength and abrasion resistance.
The market for woven brake linings has been witnessing significant growth over the past few years owing to its increasing usage in high performance racing cars as well as sports utility vehicles (SUV).
Application Insights:
The passenger cars segment held the largest share of over 60.0% in 2017. The growth can be attributed to increasing demand for premium and luxury vehicles across the globe. Demand for brake pads, rotors and brake shoes is expected to increase as a result of growing vehicle production, mainly in Asia Pacific and North America.
Increasing sales of mid-sized cars with advanced safety features are anticipated to drive the demand for disc brakes which in turn will fuel market growth over the forecast period. Also, rising penetration of ABS technology coupled with improved design standards is further likely to augment industry expansion during future years. In addition, stringent government regulations regarding road safety are anticipated to propel industry expansion over the coming years especially in Europe and Asia Pacific regions where most accidents occur on account of lack or improper maintenance of roadsides including streetlights etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of overall vehicle production, especially in China and Japan. Furthermore, increasing demand for passenger cars and favorable government regulations are anticipated to drive product demand over the forecast period.
Europe accounted for a significant share of revenue in 2017 owing to high demand from several key markets including Germany, France, Italy, Spain as well as other Eastern European countries. In addition it has been witnessing high product utilization on account of numerous accidents that have led to increased sales of these products across this region.
The North American regional market is also likely witness an increase in consumption trends owing to growing automotive industry coupled with stringent safety norms by regulatory bodies such as NHTSA (National Highway Traffic Safety Administration) & IIHS (Insurance Institute for Highway Safety).
Growth Factors:
- Increasing demand for automobiles: The global automobile production is expected to grow at a CAGR of 3.5% during the forecast period, owing to the increasing disposable income and changing lifestyle of consumers. This is anticipated to result in an increase in demand for brake pads, rotors & brake shoes over the next few years.
- Technological advancements: The market for brake pads, rotors & brake shoes is witnessing rapid technological advancements with the advent of new materials and technologies such as ceramic brakes and carbon-fiber brakes. This is likely to boost the growth of this market in the near future.
- Rising awareness about safety features: There has been a rise in awareness among consumers about safety features offered by different types of braking systems available in the market today. This is anticipated to fuel demand for brake pads, rotors & brake shoes over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Brake Pads, Rotors & Brake Shoes Market Research Report
By Type
Moulded Brake Linings, Woven Brake Linings
By Application
Passenger Cars, Commercial Vehicles
By Companies
TMD Friction, Federal-Mogul, MAT Holdings, Meritor, Japan Brake Industrial, Nsshnbo, Fuji Brake, Bendix, Sangsin, ICER, Marathon Brake System, EBC, Fras-le, Xinyi, Foryou, Feilong, Zhongcheng, Kaishuo, Huahua, Shenli
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Brake Pads, Rotors & Brake Shoes Market Report Segments:
The global Brake Pads, Rotors & Brake Shoes market is segmented on the basis of:
Types
Moulded Brake Linings, Woven Brake Linings
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 Cars, Commercial Vehicles
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:
- TMD Friction
- Federal-Mogul
- MAT Holdings
- Meritor
- Japan Brake Industrial
- Nsshnbo
- Fuji Brake
- Bendix
- Sangsin
- ICER
- Marathon Brake System
- EBC
- Fras-le
- Xinyi
- Foryou
- Feilong
- Zhongcheng
- Kaishuo
- Huahua
- Shenli
Highlights of The Brake Pads, Rotors & Brake Shoes 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:
- Moulded Brake Linings
- Woven Brake Linings
- By Application:
- Passenger Cars
- Commercial Vehicles
- 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 Brake Pads, Rotors & Brake Shoes 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?
Brake pads, rotors and brake shoes are all components of a car's braking system. Brake pads are the friction material that sits between the rotor and the brake shoe. Rotors are made from metal or plastic and have many small, sharp edges that grab onto the pad to stop your car. Brake shoes press against the rotor to create friction when you apply pressure to them.
Some of the key players operating in the brake pads, rotors & brake shoes market are TMD Friction, Federal-Mogul, MAT Holdings, Meritor, Japan Brake Industrial, Nsshnbo, Fuji Brake, Bendix, Sangsin, ICER, Marathon Brake System, EBC, Fras-le, Xinyi, Foryou, Feilong, Zhongcheng, Kaishuo, Huahua, Shenli.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Brake Pads, Rotors & Brake Shoes 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. Brake Pads, Rotors & Brake Shoes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Brake Pads, Rotors & Brake Shoes Market - Supply Chain
4.5. Global Brake Pads, Rotors & Brake Shoes Market Forecast
4.5.1. Brake Pads, Rotors & Brake Shoes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Brake Pads, Rotors & Brake Shoes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Brake Pads, Rotors & Brake Shoes Market Absolute $ Opportunity
5. Global Brake Pads, Rotors & Brake Shoes 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. Brake Pads, Rotors & Brake Shoes Market Size and Volume Forecast by Type
5.3.1. Moulded Brake Linings
5.3.2. Woven Brake Linings
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Brake Pads, Rotors & Brake Shoes 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. Brake Pads, Rotors & Brake Shoes Market Size and Volume Forecast by Application
6.3.1. Passenger Cars
6.3.2. Commercial Vehicles
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Brake Pads, Rotors & Brake Shoes 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. Brake Pads, Rotors & Brake Shoes 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 Brake Pads, Rotors & Brake Shoes 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. Brake Pads, Rotors & Brake Shoes 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 Brake Pads, Rotors & Brake Shoes Demand Share Forecast, 2019-2026
9. North America Brake Pads, Rotors & Brake Shoes 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 Brake Pads, Rotors & Brake Shoes 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 Brake Pads, Rotors & Brake Shoes Market Size and Volume Forecast by Application
9.4.1. Passenger Cars
9.4.2. Commercial Vehicles
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Brake Pads, Rotors & Brake Shoes Market Size and Volume Forecast by Type
9.7.1. Moulded Brake Linings
9.7.2. Woven Brake Linings
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 Brake Pads, Rotors & Brake Shoes Demand Share Forecast, 2019-2026
10. Latin America Brake Pads, Rotors & Brake Shoes 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 Brake Pads, Rotors & Brake Shoes 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 Brake Pads, Rotors & Brake Shoes Market Size and Volume Forecast by Application
10.4.1. Passenger Cars
10.4.2. Commercial Vehicles
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Brake Pads, Rotors & Brake Shoes Market Size and Volume Forecast by Type
10.7.1. Moulded Brake Linings
10.7.2. Woven Brake Linings
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 Brake Pads, Rotors & Brake Shoes Demand Share Forecast, 2019-2026
11. Europe Brake Pads, Rotors & Brake Shoes 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 Brake Pads, Rotors & Brake Shoes 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 Brake Pads, Rotors & Brake Shoes Market Size and Volume Forecast by Application
11.4.1. Passenger Cars
11.4.2. Commercial Vehicles
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Brake Pads, Rotors & Brake Shoes Market Size and Volume Forecast by Type
11.7.1. Moulded Brake Linings
11.7.2. Woven Brake Linings
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 Brake Pads, Rotors & Brake Shoes Demand Share, 2019-2026
12. Asia Pacific Brake Pads, Rotors & Brake Shoes 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 Brake Pads, Rotors & Brake Shoes 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 Brake Pads, Rotors & Brake Shoes Market Size and Volume Forecast by Application
12.4.1. Passenger Cars
12.4.2. Commercial Vehicles
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Brake Pads, Rotors & Brake Shoes Market Size and Volume Forecast by Type
12.7.1. Moulded Brake Linings
12.7.2. Woven Brake Linings
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 Brake Pads, Rotors & Brake Shoes Demand Share, 2019-2026
13. Middle East & Africa Brake Pads, Rotors & Brake Shoes 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 Brake Pads, Rotors & Brake Shoes 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 Brake Pads, Rotors & Brake Shoes Market Size and Volume Forecast by Application
13.4.1. Passenger Cars
13.4.2. Commercial Vehicles
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Brake Pads, Rotors & Brake Shoes Market Size and Volume Forecast by Type
13.7.1. Moulded Brake Linings
13.7.2. Woven Brake Linings
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 Brake Pads, Rotors & Brake Shoes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Brake Pads, Rotors & Brake Shoes Market: Market Share Analysis
14.2. Brake Pads, Rotors & Brake Shoes Distributors and Customers
14.3. Brake Pads, Rotors & Brake Shoes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. TMD Friction
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Federal-Mogul
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. MAT Holdings
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Meritor
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Japan Brake Industrial
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nsshnbo
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fuji Brake
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bendix
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sangsin
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ICER
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Marathon Brake System
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. EBC
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Fras-le
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Xinyi
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Foryou
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Feilong
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Zhongcheng
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Kaishuo
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Huahua
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Shenli
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
