Market Overview:
The global brakes for friction products 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%. The brake disc segment is expected to account for the majority share of the market during the forecast period. On the basis of application, the car segment is anticipated to hold a dominant position in the global brakes for friction products market throughout the forecast period. This can be attributed to increasing demand for passenger cars across regions. Additionally, rising awareness about safety features in vehicles is also propelling growth of this segment. Regionally, North America dominates the global brakes for friction products market followed by Europe and Asia Pacific respectively.
Product Definition:
A brake is a device used to slow or stop the motion of a moving object. Brakes for friction products are important because they help to stop the object quickly and safely.
Brake Disc:
Brake disc is a friction device that is used in automotive brakes to reduce the speed of vehicles. The working principle of brake discs includes pressurization of the braking pads against the rotor, which causes friction and reduces vehicle speed. The main function performed by brake discs is to stop or slow down vehicles without using hydraulic systems or resorting to any other form of traction.
Brake Rotor:
The brake rotor is the circular device with a hub that is mounted on the wheel. It has friction pads at its outer edge, which come in contact with the wheel to slow it down. The main function of a brake rotor is to stop or reduce speed of vehicles by making rotors apply friction against each other and against the vehicle’s tire when applied by brakes.
Application Insights:
The car application segment led the market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The increasing use of friction products in passenger cars owing to their benefits, such as improved performance and fuel efficiency, is expected to drive the demand for these products over the coming years.
Trucks & buses application segment accounted for more than 30% share of global revenue in 2017 due to high usage of friction products such as brake pads and discs by trucks & buses drivers due to tough conditions under which they operate on roadsides including dust, gravel or sand mixed with water or oil causing tiresome braking action that leads them sooted disc brakes which result into better performance with less wear thus improving vehicle lifespan significantly leading towards increased adoption rate among OEMs producing vehicles especially for heavy commercial traffic applications thereby contributing toward market growth.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Increasing automotive production in these countries coupled with growing investments for developing advanced braking systems will drive demand for products over the forecast period.
Europe accounted for a significant share of revenue in 2017 owing to high demand from application sectors such as rail and aircraft.
North America also contributed significantly towards product demand due to presence of prominent players operating within the region along with well-established automobile industry that has been using superior quality brakes since years past.
Growth Factors:
- Increasing demand for automobiles
- Growing automotive industry in developing countries
- Rising awareness about the benefits of using brake pads and brake discs
- Technological advancements in the manufacturing of brake pads and brake discs
- Stringent government regulations on vehicular emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Brakes for Friction Products Market Research Report
By Type
Brake Disc, Brake Rotor
By Application
Car, Truck Bus, Motorcycles and Scooters, Bicycles, Rail and Aircraft
By Companies
Wiwin Autoparts Co.,Ltd(China), Renzelmann Werkzeugtechnik GmbH(Germany), Race-Driven(USA), Mullerbrakes(USA), JBS System GmbH(Germany), Gasgoo(China), Fremax Brakes(Brazil), Feelparkins(China), Dunkermotoren GmbH(Germany), Demag Cranes and Components GmbH(Germany), Bull Industry(China), ASCO Sintering(USA), ALGA(Poland)
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Brakes for Friction Products Market Report Segments:
The global Brakes for Friction Products market is segmented on the basis of:
Types
Brake Disc, Brake Rotor
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
Car, Truck Bus, Motorcycles and Scooters, Bicycles, Rail and Aircraft
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:
- Wiwin Autoparts Co.,Ltd(China)
- Renzelmann Werkzeugtechnik GmbH(Germany)
- Race-Driven(USA)
- Mullerbrakes(USA)
- JBS System GmbH(Germany)
- Gasgoo(China)
- Fremax Brakes(Brazil)
- Feelparkins(China)
- Dunkermotoren GmbH(Germany)
- Demag Cranes and Components GmbH(Germany)
- Bull Industry(China)
- ASCO Sintering(USA)
- ALGA(Poland)
Highlights of The Brakes for Friction Products 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 Disc
- Brake Rotor
- By Application:
- Car
- Truck Bus
- Motorcycles and Scooters
- Bicycles
- Rail and Aircraft
- 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 Brakes for Friction Products 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
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?
Brakes for friction products are used to slow or stop the movement of the product.
Some of the major companies in the brakes for friction products market are Wiwin Autoparts Co.,Ltd(China), Renzelmann Werkzeugtechnik GmbH(Germany), Race-Driven(USA), Mullerbrakes(USA), JBS System GmbH(Germany), Gasgoo(China), Fremax Brakes(Brazil), Feelparkins(China), Dunkermotoren GmbH(Germany), Demag Cranes and Components GmbH(Germany), Bull Industry(China), ASCO Sintering(USA), ALGA(Poland).
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Brakes for Friction Products 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. Brakes for Friction Products Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Brakes for Friction Products Market - Supply Chain
4.5. Global Brakes for Friction Products Market Forecast
4.5.1. Brakes for Friction Products Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Brakes for Friction Products Market Size (000 Units) and Y-o-Y Growth
4.5.3. Brakes for Friction Products Market Absolute $ Opportunity
5. Global Brakes for Friction Products 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. Brakes for Friction Products Market Size and Volume Forecast by Type
5.3.1. Brake Disc
5.3.2. Brake Rotor
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Brakes for Friction Products 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. Brakes for Friction Products Market Size and Volume Forecast by Application
6.3.1. Car
6.3.2. Truck Bus
6.3.3. Motorcycles and Scooters
6.3.4. Bicycles
6.3.5. Rail and Aircraft
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Brakes for Friction Products 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. Brakes for Friction Products 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 Brakes for Friction Products 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. Brakes for Friction Products 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 Brakes for Friction Products Demand Share Forecast, 2019-2029
9. North America Brakes for Friction Products 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 Brakes for Friction Products 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 Brakes for Friction Products Market Size and Volume Forecast by Application
9.4.1. Car
9.4.2. Truck Bus
9.4.3. Motorcycles and Scooters
9.4.4. Bicycles
9.4.5. Rail and Aircraft
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Brakes for Friction Products Market Size and Volume Forecast by Type
9.7.1. Brake Disc
9.7.2. Brake Rotor
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 Brakes for Friction Products Demand Share Forecast, 2019-2029
10. Latin America Brakes for Friction Products 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 Brakes for Friction Products 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 Brakes for Friction Products Market Size and Volume Forecast by Application
10.4.1. Car
10.4.2. Truck Bus
10.4.3. Motorcycles and Scooters
10.4.4. Bicycles
10.4.5. Rail and Aircraft
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Brakes for Friction Products Market Size and Volume Forecast by Type
10.7.1. Brake Disc
10.7.2. Brake Rotor
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 Brakes for Friction Products Demand Share Forecast, 2019-2029
11. Europe Brakes for Friction Products 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 Brakes for Friction Products 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 Brakes for Friction Products Market Size and Volume Forecast by Application
11.4.1. Car
11.4.2. Truck Bus
11.4.3. Motorcycles and Scooters
11.4.4. Bicycles
11.4.5. Rail and Aircraft
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Brakes for Friction Products Market Size and Volume Forecast by Type
11.7.1. Brake Disc
11.7.2. Brake Rotor
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 Brakes for Friction Products Demand Share, 2019-2029
12. Asia Pacific Brakes for Friction Products 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 Brakes for Friction Products 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 Brakes for Friction Products Market Size and Volume Forecast by Application
12.4.1. Car
12.4.2. Truck Bus
12.4.3. Motorcycles and Scooters
12.4.4. Bicycles
12.4.5. Rail and Aircraft
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Brakes for Friction Products Market Size and Volume Forecast by Type
12.7.1. Brake Disc
12.7.2. Brake Rotor
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 Brakes for Friction Products Demand Share, 2019-2029
13. Middle East & Africa Brakes for Friction Products 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 Brakes for Friction Products 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 Brakes for Friction Products Market Size and Volume Forecast by Application
13.4.1. Car
13.4.2. Truck Bus
13.4.3. Motorcycles and Scooters
13.4.4. Bicycles
13.4.5. Rail and Aircraft
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Brakes for Friction Products Market Size and Volume Forecast by Type
13.7.1. Brake Disc
13.7.2. Brake Rotor
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 Brakes for Friction Products Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Brakes for Friction Products Market: Market Share Analysis
14.2. Brakes for Friction Products Distributors and Customers
14.3. Brakes for Friction Products Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wiwin Autoparts Co.,Ltd(China)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Renzelmann Werkzeugtechnik GmbH(Germany)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Race-Driven(USA)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mullerbrakes(USA)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. JBS System GmbH(Germany)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Gasgoo(China)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fremax Brakes(Brazil)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Feelparkins(China)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dunkermotoren GmbH(Germany)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Demag Cranes and Components GmbH(Germany)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Bull Industry(China)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ASCO Sintering(USA)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ALGA(Poland)
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
