Automotive Brake Components Market is Projected to Surpass USD 70.07 billion by 2030

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The Global Automotive Brake Components Market size was valued at around USD 53.81 billion in 2024 and is expected to reach USD 70.07 billion in 2030. Along with this, the market is estimated to grow at a CAGR of around 4.50% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report.

The Global Automotive Brake Components Market is poised for substantial growth during the forecast period of 2025–2030, owing to the convergence of technological transformation, stringent regulatory mandates, and rising consumer emphasis on vehicular safety. The market is witnessing a paradigm shift because of the evolving architecture of modern automobiles, where braking systems are no longer viewed as mechanical essentials but as integral components of advanced driver assistance systems (ADAS). This shift is unlocking new opportunities for manufacturers to innovate beyond conventional disc and drum brake setups, integrating electronic stability control (ESC), regenerative braking, and brake-by-wire systems to enhance performance and sustainability.

Moreover, the demand for high-performance brake pads, calipers, and rotors has surged, especially in electric and hybrid vehicles, which require tailored braking solutions due to unique weight distribution and torque management. The growing penetration of premium and luxury vehicles in emerging markets such as India, Brazil, and Southeast Asia is also fueling demand for performance braking systems, reshaping the global brake components value chain. Additionally, stricter safety norms such as UNECE regulations and Euro NCAP standards are compelling OEMs to integrate sophisticated brake technologies as standard, creating recurring opportunities for the global industry, further states the research report, “Global Automotive Brake Components Market Analysis, 2025.”

Global Automotive Brake Components Market Segmentation Analysis

Passenger cars hold Significant industry share in Historical Years

Based on the Vehicle Type segment, the market is further bifurcated into medium and heavy commercial vehicles, light commercial vehicles, and passenger cars.

Passenger cars lead the Global Automotive Brake Components Market with potential shares. This flourishing growth is significantly attributed to their overwhelming contribution to global vehicle production, widespread consumer base, and the continuous evolution of safety and comfort features within this segment. Unlike commercial vehicles, passenger cars are produced and sold in significantly higher volumes, particularly across densely populated and rapidly urbanizing regions like Asia-Pacific, Europe, and North America.  

Asia-Pacific Directs the Automotive Brake Components Market with Significant Shares

Asia-Pacific dominates the global automotive brake components market due to a combination of high vehicle production, cost-efficient manufacturing capabilities, rising safety regulations, and the rapid expansion of the electric vehicle (EV) ecosystem. Countries like China, India, Japan, and South Korea are among the world’s largest automotive producers, creating massive demand for brake components across both OEM and aftermarket channels. China alone accounts for nearly one-third of global vehicle production, making it a significant contributor to brake component consumption.

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market players, including Nisshinbo Holding., Hitachi automotive Systems Limited., Akebono Brake Industry Co., Ltd., Continental AG, Wabco holdings Inc., Robert Bosch GmbH, Aisin Seiko Co. Ltd., Valeo SA, Delphi Automotive Plc, Federal Mogul Holdings Corporations and others are looking forward to strengthening their market position.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across the region?
4. How has the industry been evolving in terms of geography & product adoption?
5. How has the competition been shaping across various countries?
6. How has the buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?