Market Overview:
The global brake clutches 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 growth of the brake clutches market can be attributed to the increasing demand for passenger cars and commercial vehicles. Additionally, the rising awareness about safety features in vehicles is also expected to fuel the demand for brake clutches during the forecast period. On the basis of type, OEMs are expected to account for a major share of the global brake clutches market during 2018-2030. This can be attributed to their wide acceptance among vehicle manufacturers across different regions. However, with technological advancements and growing preference for aftermarket products among consumers, aftermarket players are anticipated to witness significant growth in this segment over the forecast period. Passenger cars are anticipated account for a larger share of global brake clutch sales as compared with commercial vehicles during 2018-2030 owing higher adoption rates across different regions worldwide.
Product Definition:
A brake clutch is a device used to couple or uncouple power transmission elements, such as gears, pulleys, or belts. It may also be used to hold a load stationary while another element is in motion.
OEMs:
OEMs are the original equipment manufacturers. They make automobile parts and other related products such as brake clutches, which are used in various vehicles including trucks, cars, buses and others. OEMs provide high-quality components that have longer life compared to aftermarket counterparts due to their rigorous quality checks at the time of manufacturing.
Aftermarket:
The aftermarket is the secondary market of the supply chain management in which products that have been used or manufactured but are no longer required are re-exported. The goods may be new or used. Aftermarket products include automotive parts such as brake clutches, batteries, filters and fluids along with non-automotive industrial components such as bearings and seals.
Application Insights:
The passenger car segment held the largest share of over 60.0% in 2017. The growth can be attributed to increasing sales of passenger cars, especially in developing regions such as Asia Pacific and Latin America. Furthermore, stringent government regulations regarding road safety are encouraging manufacturers to adopt advanced safety technologies for their vehicles which is further driving the demand for aftermarket brake clutches. For instance, Mercedes-Benz has equipped its latest S-Class with a system that distributes emergency braking power between the front and rear wheels depending on conditions like speed and road surface to improve stability during accidents when drivers apply the brakes hard without looking ahead. Such technological advancements are expected to increase product demand in near future.
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 strong economic growth on account of increasing foreign investments coupled with rising industrial output. Rapid urbanization, growing population, and improving standards of living have spurred automobile sales in this region. Moreover, supportive government policies for promoting new investments are anticipated to drive regional growth over the forecast period.
North America accounted for a significant share owing to high demand from U.S., which is one of the major automotive manufacturing hubs across this region along with Mexico City and Guadalajara (Mexico). Furthermore, presence of key manufacturers including General Motors Company; Ford Motor Company; Fiat Chrysler Automobiles N.V.; BMW AG; Mercedes-Benz AG Daimler AG; Volkswagen Group GmbH & Co.; Hyundai Motor Company Ltd.; Nissan Motor Corporation Ltd., etc.
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 clutches, thereby driving the market growth.
- Technological advancements: The brake clutch market is witnessing various technological advancements such as electric vehicles and autonomous cars which are likely to create new opportunities for this market over the forecast period.
- Rising awareness about safety features: There has been a rise in awareness among consumers about safety features offered by brake clutches, which is resulting in an increase in their adoption across different vehicle segments. This is anticipated to drive the growth of this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Brake Clutches Market Research Report
By Type
OEMs, Aftermarket
By Application
Passenger Car, Commercial Vehicle
By Companies
APA/URO Parts, Dorman, Genuine, MTC, Omix-Ada, Original Equipment, Warner Electric, Miki pulley, AMS Automotive, Sinfonia Technology Co, Ltd, APA/URO Parts
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Brake Clutches Market Report Segments:
The global Brake Clutches market is segmented on the basis of:
Types
OEMs, Aftermarket
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 Car, 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:
- APA/URO Parts
- Dorman
- Genuine
- MTC
- Omix-Ada
- Original Equipment
- Warner Electric
- Miki pulley
- AMS Automotive
- Sinfonia Technology Co, Ltd
- APA/URO Parts
Highlights of The Brake Clutches 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:
- OEMs
- Aftermarket
- By Application:
- Passenger Car
- 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 Brake Clutches 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?
Brake clutches are a type of mechanical brake that use friction to stop a vehicle. When the driver presses the brake pedal, the clutch engages and starts to pull on the brake line, which in turn applies pressure to the brakes.
Some of the major companies in the brake clutches market are APA/URO Parts, Dorman, Genuine, MTC, Omix-Ada, Original Equipment, Warner Electric, Miki pulley, AMS Automotive, Sinfonia Technology Co, Ltd, APA/URO Parts.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Brake Clutches 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 Clutches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Brake Clutches 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 Clutches 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 Clutches Market Size & Forecast, 2018-2028
4.5.1 Brake Clutches Market Size and Y-o-Y Growth
4.5.2 Brake Clutches Market Absolute $ Opportunity
Chapter 5 Global Brake Clutches 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 Brake Clutches Market Size Forecast by Type
5.2.1 OEMs
5.2.2 Aftermarket
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Brake Clutches 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 Brake Clutches Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Brake Clutches 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 Clutches 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 Brake Clutches Analysis and Forecast
9.1 Introduction
9.2 North America Brake Clutches 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 Brake Clutches Market Size Forecast by Type
9.6.1 OEMs
9.6.2 Aftermarket
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 Brake Clutches Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
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 Brake Clutches Analysis and Forecast
10.1 Introduction
10.2 Europe Brake Clutches 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 Brake Clutches Market Size Forecast by Type
10.6.1 OEMs
10.6.2 Aftermarket
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 Brake Clutches Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
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 Brake Clutches Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Brake Clutches 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 Brake Clutches Market Size Forecast by Type
11.6.1 OEMs
11.6.2 Aftermarket
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 Brake Clutches Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
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 Brake Clutches Analysis and Forecast
12.1 Introduction
12.2 Latin America Brake Clutches 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 Brake Clutches Market Size Forecast by Type
12.6.1 OEMs
12.6.2 Aftermarket
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 Brake Clutches Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
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) Brake Clutches Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Brake Clutches 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) Brake Clutches Market Size Forecast by Type
13.6.1 OEMs
13.6.2 Aftermarket
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) Brake Clutches Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
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 Clutches Market: Competitive Dashboard
14.2 Global Brake Clutches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 APA/URO Parts
14.3.2 Dorman
14.3.3 Genuine
14.3.4 MTC
14.3.5 Omix-Ada
14.3.6 Original Equipment
14.3.7 Warner Electric
14.3.8 Miki pulley
14.3.9 AMS Automotive
14.3.10 Sinfonia Technology Co, Ltd
14.3.11 APA/URO Parts
