Market Overview:
The global brake block 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 block market is segmented on the basis of type, application and region. On the basis of type, the brake block market is segmented into disc brakes, drum brakes and others. Drum brakes are expected to account for a major share in the global brake block market owing to their low manufacturing cost as compared to disc brakes. Passenger vehicles are expected to account for a major share in the global brake block market due to increase in sales of passenger cars across the globe.
Product Definition:
A brake block is a component of a braking system used to slow or stop a moving vehicle.
Disc Brakes:
The disc brakes market is expected to grow at a CAGR of XX% from 2018 to 2025. The growth can be attributed to the technological advancements and high demand for these products on account of their ability to provide improved braking power in comparison with drum or linear brake systems.
Increasing penetration of disc brakes in premium vehicles, primarily sports cars, is also likely fuel industry growth over the forecast period.
Drum Brakes:
Drum brakes or hydraulic parking brake system is a type of automotive brake system that uses a large, circular plate as the caliper. As opposed to the conventional handbrakes, which use two cables and lever mechanism for applying pressure on the discs, drum brakes utilize a single large plate with shoes attached to it. The circular shape of the plate helps in better distribution of weight across its surface and hence provides better traction than linear shaped systems.
Application Insights:
The passenger vehicle 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 vehicles as a mode of transportation is anticipated to have a positive impact on industry growth. Furthermore, stringent government regulations regarding energy consumption are projected to increase product demand in this application segment.
Commercial vehicles include trucks, tractors, tankers and buses among others and account for a significant share within the global brake block market owing to their increasing use across various industries such as mining, construction among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has resulted in an increasing number of vehicles on roads. This trend is projected to further boost product demand over the coming years.
The growing automotive industry across emerging economies such as India and China are anticipated to be major factors driving regional growth. Furthermore, favorable government policies aimed at reducing air pollution levels are likely to contribute significantly toward higher sales volumes of eco-friendly vehicles equipped with brakes systems made from natural materials, such as wood or organic composites.
Europe accounted for a significant share of revenue in 2017 owing high vehicle production standards coupled with stringent safety norms enforced by regulatory bodies like ECE and ANSI regarding vehicular braking efficiency under various conditions (high temperature, low temperature).
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 expected to result in an increase in demand for brake blocks, as they are an essential component of a vehicle’s braking system.
- Technological advancements: The development of new and innovative brake block technologies is anticipated to fuel market growth over the next few years. These technologies offer improved performance, longer life, and reduced noise levels as compared with traditional brake blocks.
- Stringent safety regulations: Stringent safety regulations pertaining to automotive components are likely to create opportunities for market players over the next few years. These regulations mandate the use of high-quality brake blocks that can provide optimum braking performance even under extreme conditions such as wet or icy roads .
Scope Of The Report
Report Attributes
Report Details
Report Title
Brake Block Market Research Report
By Type
Disc Brakes, Drum Brakes, Others
By Application
Passenger Vehicle, Commercial Vehicle, Motorcycle
By Companies
Bosch, Continental, Jurid, Ferodo, SAL-FER, TRW, Akebono, Wagner, TMD Friction, Hardron, Acdelco, Brembo, Galfer, Endless, Hawk, Sang sin, Xinyi, Raybestos, FBK
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Brake Block Market Report Segments:
The global Brake Block market is segmented on the basis of:
Types
Disc Brakes, Drum Brakes, Others
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, Commercial Vehicle, Motorcycle
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:
- Bosch
- Continental
- Jurid
- Ferodo
- SAL-FER
- TRW
- Akebono
- Wagner
- TMD Friction
- Hardron
- Acdelco
- Brembo
- Galfer
- Endless
- Hawk
- Sang sin
- Xinyi
- Raybestos
- FBK
Highlights of The Brake Block 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 Brakes
- Drum Brakes
- Others
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Motorcycle
- 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 Block 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- 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?
A brake block is a metal or plastic component that sits between the brake pads and the rotor on a motorcycle. It helps to stop the bike by applying pressure to the rotor.
Some of the major companies in the brake block market are Bosch, Continental, Jurid, Ferodo, SAL-FER, TRW, Akebono, Wagner, TMD Friction, Hardron, Acdelco, Brembo, Galfer, Endless, Hawk, Sang sin, Xinyi, Raybestos, FBK.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Brake Block 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 Brake Block Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Brake Block 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 Brake Block 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 Brake Block Market Size & Forecast, 2020-2028
4.5.1 Brake Block Market Size and Y-o-Y Growth
4.5.2 Brake Block 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 Brakes
5.2.2 Drum Brakes
5.2.3 Others
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 Vehicle
6.2.2 Commercial Vehicle
6.2.3 Motorcycle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Brake Block 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 Brake Block 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 Brakes
9.6.2 Drum Brakes
9.6.3 Others
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 Vehicle
9.10.2 Commercial Vehicle
9.10.3 Motorcycle
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 Brakes
10.6.2 Drum Brakes
10.6.3 Others
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 Vehicle
10.10.2 Commercial Vehicle
10.10.3 Motorcycle
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 Brakes
11.6.2 Drum Brakes
11.6.3 Others
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 Vehicle
11.10.2 Commercial Vehicle
11.10.3 Motorcycle
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 Brakes
12.6.2 Drum Brakes
12.6.3 Others
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 Vehicle
12.10.2 Commercial Vehicle
12.10.3 Motorcycle
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 Brakes
13.6.2 Drum Brakes
13.6.3 Others
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 Vehicle
13.10.2 Commercial Vehicle
13.10.3 Motorcycle
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 Brake Block Market: Competitive Dashboard
14.2 Global Brake Block Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Continental
14.3.3 Jurid
14.3.4 Ferodo
14.3.5 SAL-FER
14.3.6 TRW
14.3.7 Akebono
14.3.8 Wagner
14.3.9 TMD Friction
14.3.10 Hardron
14.3.11 Acdelco
14.3.12 Brembo
14.3.13 Galfer
14.3.14 Endless
14.3.15 Hawk
14.3.16 Sang sin
14.3.17 Xinyi
14.3.18 Raybestos
14.3.19 FBK
