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- Global Automotive Friction Brake System Market – Size, Outlook, Trends and Forecast (2024 – 2032)
Brakes are used in automotive to stop or control the vehicle over the particular speed. Breaking systems include brakes, brake pads, and other braking materials. The advanced braking systems are helping in the reduction in the loss of lives caused by accidents. The braking systems can be incorporated into other automotive systems to avoid skidding off the vehicles, making way to reduce the potential accidents. The rise in the production of vehicles and vehicle sales, coupled with stopping distance regulations, have made the automotive friction brake system market to rise over with consistent growth rate.
Global Automotive Friction Brake System Market Size & Growth:
Global Automotive Friction Brake System Market is anticipated to reach the value of $4.68 billion in 2024 from $2.57 billion in 2018 with CAGR of 5.64%. Key parameters like focus on preventive maintenance and strictness in safety norms, increasing concerns over safety and government rules to improve vehicle safety, increase in the distance travelled by vehicles and longer replacement cycle are accelerating this market growth. Automotive friction brake system market has opportunities for an increase in lifespan of vehicles due to the delay of a new vehicle purchase in the developing economies. Factors like counterfeit brake products and mechanisms, high cost for incorporating advanced braking technologies, use of environmentally harmful materials in brake pads are restraining the market growth.
Global Automotive Friction Brake System Market Share:
Global Automotive Friction Brake System market is divided by product type, vehicle type, brake pad material type, technology and geographical segments. Disc type and drum type are the classifications based on product type. Disc brakes include a calliper and slim motor which is used in halt wheel movement. Drum type brakes have the enclosed circular design to generate friction to reduce the speed of the vehicle. In the regard of braking power, disc-based systems are preferred to drum based braking systems. Owing to the increased usage and capability to work in the adverse weather conditions, disc barking systems have inclined growth during the forecast period.
On the base of vehicle type, passenger and commercial vehicles are the classifications. Where passenger vehicles are at the fast-growing pace, owing to the technological advancements and incorporation of sensors and microcontrollers in the electromechanical brakes. According to OICA, the sales related to passenger cars are increased by 5.0%. Based on brake pad material type, the market is classified into semi-metallic, metallic and ceramic types. Semi-metallic pads are found in the majority of the passenger cars. Ceramic pads are used in the costliest cars owing to its high resistance and durability. On accounting the sales, semi-metallic pads have the largest market among all the brake pad materials.
Based on technology, the market is classified into Electronic brake force distribution, Electronic stability control, Anti-lock braking system and Traction control system. Antilock braking systems are having the largest share as they are highly implemented. ESC is the fastest growing segment, owing to the advantages in acquiring the vehicle control in the emergency situations.
Automotive friction brake market is classified into regions of North America, APAC, South America, Europe and Middle East & Africa. APAC is the largest market where automotive friction brake market is considered as an increase in the vehicle production and lifespan of the vehicle are driving the market growth. Developing economies like China and India have increased their production of automotive to 35% in the forecast period. North America is the fastest growing region, and ESC barking is made mandatory for all the vehicles in the countries like Canada and Mexico.
Global Automotive Friction Brake System Market Trends:
- Autoliv collaborated with seeing machines to develop next-generation driver monitoring system. This will be operated purely by machine including the braking systems.
- Import vehicle community has awarded Ultra-premium brake pads which are manufactured by Akebono are considered as the best overall import market product.
Global Automotive Friction Brake System Market Research Reports Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Identifying DROCin the current market and their impact in altering the market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Autoliv, Inc.
- Delphi Automotive PLC
- Akebono Brake Industry Co., Ltd.
- TRW Automotive Holdings Corporation
- Continental AG
Along with these companies, there were many other companies are considered in the report while analysing the Global Automotive Friction Brake System market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
1. Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
3. Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 Pestle Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
4. Market Dynamics
4.1. Drivers & Opportunities
4.1.1. Stringency in the safety norms and focus on preventive maintenance
4.1.2. Increasing concerns over safety and government rule to improve vehicle safety
4.1.3. Increase in the distance traveled by vehicles and longer replacement cycle
4.1.4. Increase in the lifespan of vehicles due to the delay of a new vehicle purchase in the
developing economies
4.2. Restraints & Challenges
4.2.1. Counterfeit brake products and mechanisms
4.2.2. High cost of incorporating advanced braking technologies
4.2.3. Use of environmentally harmful materials in brake pads
5. Global Automotive Friction Brake System Market – By Product type
5.1. Disc brakes
5.2. Dumb brakes
6. Global Automotive Friction Brake System Market – By Vehicle type
6.1. Passenger vehicles
6.2. Commercial vehicles
7. Global Automotive Friction Brake System Market – By Brake pad material
7.1. Semi-metallic
7.2. Metallic
7.3. Ceramic
8. Global Automotive Friction Brake System Market – By Technology
8.1. Anti-Lock Braking System(ABS)
8.2. Electronic Stability Control (ESC)
8.3. Traction Control System(TCS)
8.4. Electronic Brake Force Distribution(EBD)
9. Global Automotive Friction Brake System Market – By Geography
9.1 Introduction
9.2 North America
9.2.1 United States
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 UK
9.3.2 Germany
9.3.3 France
9.3.4 Italy
9.3.5 Spain
9.3.6 Others
9.4 APAC
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Australia & New Zealand
9.4.5 Others
9.5 Middle East and Africa
9.5.1 Middle East & Africa
9.5.2 Africa
9.6 South America
9.6.1 Brazil
9.6.2 Argentina
9.6.3 Others
10. Company Profiles
10.1. Autoliv, Inc.
10.2. Delphi Automotive PLC
10.3. Akebono Brake Industry Co., Ltd.,
10.4. TRW Automotive Holdings Corporation
10.5. Continental AG
10.6. Haldex AB
10.7. Robert Bosch GmbH
10.8. Aisin Seiki Co. Ltd.
10.9. Federal-Mogul LLC
10.10. Brembo S.p.A
10.11. Nisshinbo holdings
10.12. ZF Friedrichshafen AG
11. Global Automotive Friction Brake System Market – Competitive Landscape
11.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
11.2 Strategies Adopted By Top Companies
11.3 Market Share Analysis
12. Market Insights
12.1 Insights of Industry Experts
12.2 Investment Opportunities
12.3 Analyst Opinion
13. Appendix
13.1 List of Tables
13.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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Brakes are used in automotive to stop or control the vehicle over the particular speed. Breaking systems include brakes, brake pads, and other braking materials. The advanced braking systems are helping in the reduction in the loss of lives caused by accidents. The braking systems can be incorporated into other automotive systems to avoid skidding off the vehicles, making way to reduce the potential accidents. The rise in the production of vehicles and vehicle sales, coupled with stopping distance regulations, have made the automotive friction brake system market to rise over with consistent growth rate.
Global Automotive Friction Brake System Market Size & Growth:
Global Automotive Friction Brake System Market is anticipated to reach the value of $4.68 billion in 2024 from $2.57 billion in 2018 with CAGR of 5.64%. Key parameters like focus on preventive maintenance and strictness in safety norms, increasing concerns over safety and government rules to improve vehicle safety, increase in the distance travelled by vehicles and longer replacement cycle are accelerating this market growth. Automotive friction brake system market has opportunities for an increase in lifespan of vehicles due to the delay of a new vehicle purchase in the developing economies. Factors like counterfeit brake products and mechanisms, high cost for incorporating advanced braking technologies, use of environmentally harmful materials in brake pads are restraining the market growth.
Global Automotive Friction Brake System Market Share:
Global Automotive Friction Brake System market is divided by product type, vehicle type, brake pad material type, technology and geographical segments. Disc type and drum type are the classifications based on product type. Disc brakes include a calliper and slim motor which is used in halt wheel movement. Drum type brakes have the enclosed circular design to generate friction to reduce the speed of the vehicle. In the regard of braking power, disc-based systems are preferred to drum based braking systems. Owing to the increased usage and capability to work in the adverse weather conditions, disc barking systems have inclined growth during the forecast period.
On the base of vehicle type, passenger and commercial vehicles are the classifications. Where passenger vehicles are at the fast-growing pace, owing to the technological advancements and incorporation of sensors and microcontrollers in the electromechanical brakes. According to OICA, the sales related to passenger cars are increased by 5.0%. Based on brake pad material type, the market is classified into semi-metallic, metallic and ceramic types. Semi-metallic pads are found in the majority of the passenger cars. Ceramic pads are used in the costliest cars owing to its high resistance and durability. On accounting the sales, semi-metallic pads have the largest market among all the brake pad materials.
Based on technology, the market is classified into Electronic brake force distribution, Electronic stability control, Anti-lock braking system and Traction control system. Antilock braking systems are having the largest share as they are highly implemented. ESC is the fastest growing segment, owing to the advantages in acquiring the vehicle control in the emergency situations.
Automotive friction brake market is classified into regions of North America, APAC, South America, Europe and Middle East & Africa. APAC is the largest market where automotive friction brake market is considered as an increase in the vehicle production and lifespan of the vehicle are driving the market growth. Developing economies like China and India have increased their production of automotive to 35% in the forecast period. North America is the fastest growing region, and ESC barking is made mandatory for all the vehicles in the countries like Canada and Mexico.
Global Automotive Friction Brake System Market Trends:
- Autoliv collaborated with seeing machines to develop next-generation driver monitoring system. This will be operated purely by machine including the braking systems.
- Import vehicle community has awarded Ultra-premium brake pads which are manufactured by Akebono are considered as the best overall import market product.
Global Automotive Friction Brake System Market Research Reports Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Identifying DROCin the current market and their impact in altering the market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Autoliv, Inc.
- Delphi Automotive PLC
- Akebono Brake Industry Co., Ltd.
- TRW Automotive Holdings Corporation
- Continental AG
Along with these companies, there were many other companies are considered in the report while analysing the Global Automotive Friction Brake System market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
1. Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
3. Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 Pestle Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
4. Market Dynamics
4.1. Drivers & Opportunities
4.1.1. Stringency in the safety norms and focus on preventive maintenance
4.1.2. Increasing concerns over safety and government rule to improve vehicle safety
4.1.3. Increase in the distance traveled by vehicles and longer replacement cycle
4.1.4. Increase in the lifespan of vehicles due to the delay of a new vehicle purchase in the
developing economies
4.2. Restraints & Challenges
4.2.1. Counterfeit brake products and mechanisms
4.2.2. High cost of incorporating advanced braking technologies
4.2.3. Use of environmentally harmful materials in brake pads
5. Global Automotive Friction Brake System Market – By Product type
5.1. Disc brakes
5.2. Dumb brakes
6. Global Automotive Friction Brake System Market – By Vehicle type
6.1. Passenger vehicles
6.2. Commercial vehicles
7. Global Automotive Friction Brake System Market – By Brake pad material
7.1. Semi-metallic
7.2. Metallic
7.3. Ceramic
8. Global Automotive Friction Brake System Market – By Technology
8.1. Anti-Lock Braking System(ABS)
8.2. Electronic Stability Control (ESC)
8.3. Traction Control System(TCS)
8.4. Electronic Brake Force Distribution(EBD)
9. Global Automotive Friction Brake System Market – By Geography
9.1 Introduction
9.2 North America
9.2.1 United States
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 UK
9.3.2 Germany
9.3.3 France
9.3.4 Italy
9.3.5 Spain
9.3.6 Others
9.4 APAC
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Australia & New Zealand
9.4.5 Others
9.5 Middle East and Africa
9.5.1 Middle East & Africa
9.5.2 Africa
9.6 South America
9.6.1 Brazil
9.6.2 Argentina
9.6.3 Others
10. Company Profiles
10.1. Autoliv, Inc.
10.2. Delphi Automotive PLC
10.3. Akebono Brake Industry Co., Ltd.,
10.4. TRW Automotive Holdings Corporation
10.5. Continental AG
10.6. Haldex AB
10.7. Robert Bosch GmbH
10.8. Aisin Seiki Co. Ltd.
10.9. Federal-Mogul LLC
10.10. Brembo S.p.A
10.11. Nisshinbo holdings
10.12. ZF Friedrichshafen AG
11. Global Automotive Friction Brake System Market – Competitive Landscape
11.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
11.2 Strategies Adopted By Top Companies
11.3 Market Share Analysis
12. Market Insights
12.1 Insights of Industry Experts
12.2 Investment Opportunities
12.3 Analyst Opinion
13. Appendix
13.1 List of Tables
13.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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