Market Overview:
The global automotive friction brake system 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, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs) across the globe. The disc brake segment is expected to account for a major share of the global automotive friction brake system market in 2018. This can be attributed to its high performance and durability as compared to other types of brakes available in the market. The drum brake segment is projected to register highest CAGR during the forecast period owing to its low cost and easy installation as compared with other types of brakes available in the market. Passenger cars are anticipated witness highest adoption rate for automotive friction brake systems across all applications segments during 2018-2030 owing higher safety standards coupled with increasing demand for luxury cars globally.
Product Definition:
An automotive friction brake system uses the principles of friction to convert kinetic energy into thermal energy, causing the vehicle to stop. The brake pads are forced against the rotor, which creates friction and slows the rotation of the wheel.
Disc Brake:
The disc brake market is expected to witness significant growth over the forecast period owing to its increasing usage in heavy vehicles including trucks and buses. The friction brake system has been witnessing a changeover from drum type to disc type, as they provide better braking power with less efforts.
Increasing demand for automobiles coupled with stringent government regulations on reducing vehicular emissions is one of the major factors driving this market.
Drum Brake:
The drum brake is a type of friction brake which is used to slow down or stop a vehicle. It is typically used on vehicles that have low suspension and are operated in an emergency, such as when the driver applies the brakes after losing control of the vehicle due to loss of traction.
Application Insights:
The passenger cars segment accounted for the largest share of over 60.0% in 2017 and is expected to continue its dominance over the forecast period. The growing demand for passenger vehicles in developing countries, such as India, China and Brazil on account of increasing disposable income levels coupled with rising per capita ownership rates is anticipated to have a positive impact on market growth during the forecast period.
The light commercial vehicle (LCV) segment was valued at USD 2,274.6 million in 2017 owing to increased utilization of LCVs across developed countries including U.K.
Regional Analysis:
Asia Pacific accounted for the largest share of over 40% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing automobile production and sales in countries, such as China, India, Japan and South Korea. Furthermore, rising disposable income levels coupled with a growing population will also contribute toward regional market growth.
The European market was valued at USD X billion in 2017 and is anticipated to grow at a CAGR of XX% from 2018 to 2030 due to stringent regulations regarding fuel consumption per vehicle kilometer as well as CO2 emissions per capita into the atmosphere (in kg). These factors are likely to boost demand for efficient automotive brakes across this region during the forecast period.
Growth Factors:
- Increasing demand for passenger cars and commercial vehicles
- Rising awareness about the benefits of friction brake system over conventional braking system
- Technological advancements in friction brake system that offer improved performance and fuel efficiency
- Stringent government regulations mandating use of friction brake systems in vehicles
- Growing demand for eco-friendly and energy-efficient automotive products
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Friction Brake System Market Research Report
By Type
Disc Brake, Drum Brake
By Application
Passenger Cars, LCVs, HCVs
By Companies
Akebono Braking Industry Corporation, Brembo, Continental, Delphi Automotive, TRW Automotive Holdings, Aisin-Seiki, Tenneco(Federal-Mogul), Robert Bosch, Halla Mando, Haldex
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Friction Brake System Market Report Segments:
The global Automotive Friction Brake System market is segmented on the basis of:
Types
Disc Brake, Drum Brake
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, LCVs, HCVs
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:
- Akebono Braking Industry Corporation
- Brembo
- Continental
- Delphi Automotive
- TRW Automotive Holdings
- Aisin-Seiki
- Tenneco(Federal-Mogul)
- Robert Bosch
- Halla Mando
- Haldex
Highlights of The Automotive Friction Brake System 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:
- Disc Brake
- Drum Brake
- By Application:
- Passenger Cars
- LCVs
- HCVs
- 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 Friction Brake System 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
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- Product & Brand Management
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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?
An automotive friction brake system is a braking system used in automobiles. It uses the friction of two surfaces to stop or slow a vehicle.
Some of the major players in the automotive friction brake system market are Akebono Braking Industry Corporation, Brembo, Continental, Delphi Automotive, TRW Automotive Holdings, Aisin-Seiki, Tenneco(Federal-Mogul), Robert Bosch, Halla Mando, Haldex.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Friction Brake System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Friction Brake System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Friction Brake System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Friction Brake System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Friction Brake System Market Size & Forecast, 2020-2028
4.5.1 Automotive Friction Brake System Market Size and Y-o-Y Growth
4.5.2 Automotive Friction Brake System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Disc Brake
5.2.2 Drum Brake
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 LCVs
6.2.3 HCVs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Friction Brake System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Friction Brake System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Disc Brake
9.6.2 Drum Brake
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 LCVs
9.10.3 HCVs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Disc Brake
10.6.2 Drum Brake
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 LCVs
10.10.3 HCVs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Disc Brake
11.6.2 Drum Brake
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 LCVs
11.10.3 HCVs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Disc Brake
12.6.2 Drum Brake
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 LCVs
12.10.3 HCVs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Disc Brake
13.6.2 Drum Brake
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 LCVs
13.10.3 HCVs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Friction Brake System Market: Competitive Dashboard
14.2 Global Automotive Friction Brake System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Akebono Braking Industry Corporation
14.3.2 Brembo
14.3.3 Continental
14.3.4 Delphi Automotive
14.3.5 TRW Automotive Holdings
14.3.6 Aisin-Seiki
14.3.7 Tenneco(Federal-Mogul)
14.3.8 Robert Bosch
14.3.9 Halla Mando
14.3.10 Haldex
