Market Overview:
The global friction brake market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. In addition, the growing awareness about safety features in vehicles is also propelling the demand for friction brakes. The metallic brake disc segment is expected to hold a major share of the global friction brake market during the forecast period. This can be attributed to its high durability and low maintenance cost as compared to other types of brake discs available in the market.
Product Definition:
A brake that resists motion by friction between two surfaces. The importance of a friction brake is that it can stop a car or other moving object very quickly.
Metallic Brake Disc:
Metallic brake disc is a type of brake disc made from aluminum and steel which has been used in automobiles for many years. It was first introduced by Mercedes Benz in the early 60’s, as an alternative to cast iron discs. Metallic brakes offer better heat dissipation properties, high durability and are corrosion resistant. The most important advantage they have over conventional ones is that they can absorb energy much more efficiently than a cast iron one, hence providing increased braking power even at low speeds.
Composite Brake Disc:
Composite brake disc is a combination of two parts, metal or plastic and rubber. The metal or plastic part can be either fixed or moveable. The rubber part is used to generate the friction between the two surfaces when pressed by the brakes pedal.
The composite brake disc has many advantages over traditional ones; it offers better heat dissipation, higher durability and lower maintenance costs among others.
Application Insights:
Passenger car segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing production of passenger cars in emerging economies including China, India, and Brazil owing to growing middle-class population with higher disposable income levels.
The trucks segment is expected register notable growth during the forecast period on account of rising demand for heavy vehicles from mining companies, construction companies, and agricultural supply firms across various regions including North America and Europe. Growing demand for friction brake products from off-highway applications such as agriculture equipment & machinery was one of the major factors driving product demand globally.
Regional Analysis:
Europe dominated the global market in terms of revenue share in 2017. The region is expected to witness a CAGR of XX% over the forecast period, which can be attributed to stringent government regulations regarding vehicular emissions and safety standards coupled with rising demand for energy-efficient vehicles.
Asia Pacific is projected to register significant growth from 2018 to 2030 owing high vehicle production volumes along with growing consumer disposable income levels across emerging economies such as India and China.
Growth Factors:
- Increasing demand for passenger cars and commercial vehicles
- Rising awareness about the benefits of friction brakes over conventional brakes
- Technological advancements in friction brake systems
- Stringent safety norms by regulatory authorities across the globe
- Growing demand for electric and hybrid vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Friction Brake Market Research Report
By Type
Metallic Brake Disc, Composite Brake Disc, Ceramic Brake Disc
By Application
Meritor, Passenger Car, LCV (Light Commercial Vehicle), Trucks, Buses
By Companies
Robert Bosch, Aisin Seiki, Nisshinbo, Tenneco(Federal-Mogul), Brembo, Delphi, Tenneco, Akebono, Miba, SGL, Robert Bosch
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
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Friction Brake Market Report Segments:
The global Friction Brake market is segmented on the basis of:
Types
Metallic Brake Disc, Composite Brake Disc, Ceramic Brake Disc
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
Meritor, Passenger Car, LCV (Light Commercial Vehicle), Trucks, Buses
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:
- Robert Bosch
- Aisin Seiki
- Nisshinbo
- Tenneco(Federal-Mogul)
- Brembo
- Delphi
- Tenneco
- Akebono
- Miba
- SGL
- Robert Bosch
Highlights of The Friction Brake 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:
- Metallic Brake Disc
- Composite Brake Disc
- Ceramic Brake Disc
- By Application:
- Meritor
- Passenger Car
- LCV (Light Commercial Vehicle)
- Trucks
- Buses
- 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 Friction Brake 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?
Friction brake is a braking system that uses friction between the brake pad and the wheel to stop the vehicle.
Some of the key players operating in the friction brake market are Robert Bosch, Aisin Seiki, Nisshinbo, Tenneco(Federal-Mogul), Brembo, Delphi, Tenneco, Akebono, Miba, SGL, Robert Bosch.
The friction brake market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Friction Brake 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 Friction Brake Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Friction Brake 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 Friction Brake 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 Friction Brake Market Size & Forecast, 2020-2028
4.5.1 Friction Brake Market Size and Y-o-Y Growth
4.5.2 Friction Brake 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 Metallic Brake Disc
5.2.2 Composite Brake Disc
5.2.3 Ceramic Brake Disc
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 Meritor
6.2.2 Passenger Car
6.2.3 LCV (Light Commercial Vehicle)
6.2.4 Trucks
6.2.5 Buses
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Friction Brake 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 Friction Brake 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 Metallic Brake Disc
9.6.2 Composite Brake Disc
9.6.3 Ceramic Brake Disc
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 Meritor
9.10.2 Passenger Car
9.10.3 LCV (Light Commercial Vehicle)
9.10.4 Trucks
9.10.5 Buses
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 Metallic Brake Disc
10.6.2 Composite Brake Disc
10.6.3 Ceramic Brake Disc
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 Meritor
10.10.2 Passenger Car
10.10.3 LCV (Light Commercial Vehicle)
10.10.4 Trucks
10.10.5 Buses
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 Metallic Brake Disc
11.6.2 Composite Brake Disc
11.6.3 Ceramic Brake Disc
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 Meritor
11.10.2 Passenger Car
11.10.3 LCV (Light Commercial Vehicle)
11.10.4 Trucks
11.10.5 Buses
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 Metallic Brake Disc
12.6.2 Composite Brake Disc
12.6.3 Ceramic Brake Disc
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 Meritor
12.10.2 Passenger Car
12.10.3 LCV (Light Commercial Vehicle)
12.10.4 Trucks
12.10.5 Buses
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 Metallic Brake Disc
13.6.2 Composite Brake Disc
13.6.3 Ceramic Brake Disc
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 Meritor
13.10.2 Passenger Car
13.10.3 LCV (Light Commercial Vehicle)
13.10.4 Trucks
13.10.5 Buses
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 Friction Brake Market: Competitive Dashboard
14.2 Global Friction Brake Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Robert Bosch
14.3.2 Aisin Seiki
14.3.3 Nisshinbo
14.3.4 Tenneco(Federal-Mogul)
14.3.5 Brembo
14.3.6 Delphi
14.3.7 Tenneco
14.3.8 Akebono
14.3.9 Miba
14.3.10 SGL
14.3.11 Robert Bosch
