Owing to the growing degree of construction activities in the Asia-Pacific and Middle East regions, the demand for automobiles and auto parts is constantly surging at a considerable pace. The rising motorization rate on an account of improving lifestyle has been stimulating the demand for automobiles, which have a spill-over effect over the brake component market. Over the past couple of years, the Brake Component market has witnessed the advent of the antilock braking system, regenerative braking system, and combined braking systems, which are gaining traction in recent years and has led to growth in the overall market.
| Report Coverage | Details |
| Study Period | Historical Data: 2015-19 |
| Base Year: 2019 | |
| Forecast Period: 2020-25 | |
| Regions Covered | North America |
| Europe | |
| Asia-Pacific | |
| South America | |
| Middle East & Africa | |
| Unit Denominations | USD Million/Billion |
Components of a brake contain disc brakes and drum brakes. Disc brakes segment is anticipated to boost during 2020-25 as it is highly preferred in the passenger car segment. The disk brake segment is anticipated to escalate at a robust rate in the years to come. Major components of braking systems are brake callipers, brake shoes, and brake pad. Braking callipers are segmented in floating callipers which improve the overall performance of the vehicle. With the emergence of new types of technologies and price-competitive car models, the passenger car segment would witness significant growth in the upcoming years, followed by light commercial vehicles.
According to MarkNtel Advisors’ research report titled “Global Automotive Brake Components Market Analysis, 2020”, the CAGR of the Global Automotive Brake component market is expected to exceed 6% during 2020-2025. Moreover, total sales of vehicles over the past couple of years were consistently above 90 million units per annum. The same trend is projected to continue in the upcoming years. These huge sales figures are projected to boost the Global Auto Brake Components market.
Total global sales of passenger cars were around 70.56 million in 2018. The passenger segment is anticipated to grow due to the accelerating demand for luxury vehicles and mid-sized vehicles. The OEMs of the passenger vehicles use modern brakes for a better performance of the vehicles and to avoid skidding. Some major leading players are Hitachi Automotive Systems, Robert Bosch Gmbh, Aisin Seiko Co. Ltd., and Delphi Automotive Plc.
OEM Presence is Expected to Enhance the Sales Channel
OEMs in the Brake Components market are investing in research and development to engage in new technologies for advancement in the braking components. However, replacement demand would continue to remain high in comparison to OEM sales in the years to come. OEMs primarily manufacture the braking parts and the assembling is done by the brand owners of the vehicles. North America and Asia-Pacific are the prominent bases for the presence of OEMs. Many countries such as China and India in the Asia-Pacific region are the hubs for OEMs. China and India are the leading manufacturers of braking components.
According to MarkNtel Advisors’ research report “Global Automotive Brake Components Market Analysis, 2020”, leading players in the market are Nisshinbo Holdings, 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, and Federal Mogul Holdings Corporations, among others.
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions
Q. What would be the growth rate or CAGR of Global Automotive Brake Components Market during 2020-25?
A. The market size of Global Automotive Brake Components Market during 2020-25 is forecast to be around 6%.
Q. Which region would grab the highest market share during 2020-25?
A. It is forecast that Asia-Pacific will dominate the market with majority market share, with market size registering considerably higher CAGR.
Q. Who are the key competitors or players operating in Global Automotive Brake Components Market?
A. Nisshinbo Holdings, 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 are few of the leading players in the Global Automotive Brake ComponentsMarket.
Q. Does the report scope cover Global Automotive Brake Components type and region wise market statistics also?
A. Yes, the scope of the report encompass detailed Global Automotive Brake Components type and region wise statistics such as market size, market segmentation based on various subcategories.
Q. Which brake segment would emerge as an opportunity area for players in Global Automotive Brake ComponentsMarket?
A. Disc Brake segment will continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Global Automotive Brake Components Market.
1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation
2. Executive Summary
3. Expert Verbatim- What our Experts Say?
4. Global Automotive Brake Component Industry Market Analysis, 2015-2025F
4.1. Market Size & Analysis
4.1.1. Market Revenue
4.1.2. Units Sold
4.2. Market Share & Analysis
4.2.1. By Vehicle Type
4.2.1.1. Medium and Heavy Commercial Vehicles
4.2.1.2. Light Commercial Vehicles
4.2.1.3. Passenger Cars
4.2.1.4. Others
4.2.2. By Sales Channel
4.2.2.1. OEMs
4.2.2.2. Aftermarket
4.2.3. By Product Type
4.2.3.1. Brake Caliper
4.2.3.1.1. Floating Caliper
4.2.3.1.2. Fixed Caliper
4.2.3.2. Brake Pad
4.2.3.2.1. Metal
4.2.3.2.2. Ceramic
4.2.3.2.3. Organic
4.2.3.3. Brake Rotor
4.2.3.4. Brake Shoe
4.2.3.5. Brake Line
4.2.3.6. Brake Pad
4.2.4. By Regions
4.2.4.1. North America
4.2.4.2. South America
4.2.4.3. Europe
4.2.4.4. Middle East
4.2.4.5. Africa
4.2.4.6. Asia-Pacific
5. North America Automotive Brake Component Industry Market Analysis, 2015-2025F
5.1. Market Size & Analysis
5.1.1. Market Revenue
5.1.2. Units Sold
5.2. Market Share & Analysis
5.2.1. By Vehicle Type
5.2.2. By Sales Channel
5.2.3. By Product Type
5.2.4. By Country
5.3. United States Automotive Brake Component Industry Market Analysis, 2015-2025F
5.3.1. Market Size & Analysis
5.3.1.1. Market Revenue
5.3.1.2. Units Sold
5.3.2. Market Share & Analysis
5.3.2.1. By Vehicle Type
5.3.2.2. By Sales Channel
5.3.2.3. By Product Type
5.4. Canada Automotive Brake Component Industry Market Analysis, 2015-2025F
5.4.1. Market Size & Analysis
5.4.1.1. Market Revenue
5.4.1.2. Units Sold
5.4.2. Market Share & Analysis
5.4.2.1. By Vehicle Type
5.4.2.2. By Sales Channel
5.4.2.3. By Product Type
5.5. Mexico Automotive Brake Component Industry Market Analysis, 2015-2025F
5.5.1. Market Size & Analysis
5.5.1.1. Market Revenue
5.5.1.2. Units Sold
5.5.2. Market Share & Analysis
5.5.2.1. By Vehicle Type
5.5.2.2. By Sales Channel
5.5.2.3. By Product Type
6. South America Automotive Brake Component Industry Market Analysis, 2015-2025F
6.1. Market Size & Analysis
6.1.1. Market Revenue
6.1.2. Units Sold
6.2. Market Share & Analysis
6.2.1. By Vehicle Type
6.2.2. By Sales Channel
6.2.3. By Product Type
6.2.4. By Country
6.3. Brazil Automotive Brake Component Industry Market Analysis, 2015-2025F
6.3.1. Market Size & Analysis
6.3.1.1. Market Revenue
6.3.1.2. Units Sold
6.3.2. Market Share & Analysis
6.3.2.1. By Vehicle Type
6.3.2.2. By Sales Channel
6.3.2.3. By Product Type
6.4. Argentina Automotive Brake Component Industry Market Analysis, 2015-2025F
6.4.1. Market Size & Analysis
6.4.1.1. Market Revenue
6.4.1.2. Units Sold
6.4.2. Market Share & Analysis
6.4.2.1. By Vehicle Type
6.4.2.2. By Sales Channel
6.4.2.3. By Product Type
7. South America Automotive Brake Component Industry Market Analysis, 2015-2025F
7.1. Market Size & Analysis
7.1.1. Market Revenue
7.1.2. Units Sold
7.2. Market Share & Analysis
7.2.1. By Vehicle Type
7.2.2. By Sales Channel
7.2.3. By Product Type
7.2.4. By Country
8. Europe Automotive Brake Component Industry Market Analysis, 2015-2025F
8.1. Market Size & Analysis
8.1.1. Market Revenue
8.1.2. Units Sold
8.2. Market Share & Analysis
8.2.1. By Vehicle Type
8.2.2. By Sales Channel
8.2.3. By Product Type
8.2.4. By Country
8.3. Germany Automotive Brake Component Industry Market Analysis, 2015-2025F
8.3.1. Market Size & Analysis
8.3.1.1. Market Revenue
8.3.1.2. Units Sold
8.3.2. Market Share & Analysis
8.3.2.1. By Vehicle Type
8.3.2.2. By Sales Channel
8.3.2.3. By Product Type
8.4. Italy Automotive Brake Component Industry Market Analysis, 2015-2025F
8.4.1. Market Size & Analysis
8.4.1.1. Market Revenue
8.4.1.2. Units Sold
8.4.2. Market Share & Analysis
8.4.2.1. By Vehicle Type
8.4.2.2. By Sales Channel
8.4.2.3. By Product Type
8.5. France Automotive Brake Component Industry Market Analysis, 2015-2025F
8.5.1. Market Size & Analysis
8.5.1.1. Market Revenue
8.5.1.2. Units Sold
8.5.2. Market Share & Analysis
8.5.2.1. By Vehicle Type
8.5.2.2. By Sales Channel
8.5.2.3. By Product Type
8.6. Italy Automotive Brake Component Industry Market Analysis, 2015-2025F
8.6.1. Market Size & Analysis
8.6.1.1. Market Revenue
8.6.1.2. Units Sold
8.6.2. Market Share & Analysis
8.6.2.1. By Vehicle Type
8.6.2.2. By Sales Channel
8.6.2.3. By Product Type
9. United Kingdom Automotive Brake Component Industry Market Analysis, 2015-2025F
9.1. Market Size & Analysis
9.1.1. Market Revenue
9.1.2. Units Sold
9.2. Market Share & Analysis
9.2.1. By Vehicle Type
9.2.2. By Sales Channel
9.2.3. By Product Type
10. Middle East Automotive Brake Component Industry Market Analysis, 2015-2025F
10.1.Market Size & Analysis
10.1.1. Market Revenue
10.1.2. Units Sold
10.2.Market Share & Analysis
10.2.1. By Vehicle Type
10.2.2. By Sales Channel
10.2.3. By Product Type
10.2.4. By Country
10.3.Saudi Arabia Automotive Brake Component Industry Market Analysis, 2015-2025F
10.3.1. Market Size & Analysis
10.3.1.1. Market Revenue
10.3.1.2. Units Sold
10.3.2. Market Share & Analysis
10.3.2.1. By Vehicle Type
10.3.2.2. By Sales Channel
10.3.2.3. By Product Type
10.4.UAE Automotive Brake Component Industry Market Analysis, 2015-2025F
10.4.1. Market Size & Analysis
10.4.1.1. Market Revenue
10.4.1.2. Units Sold
10.4.2. Market Share & Analysis
10.4.2.1. By Vehicle Type
10.4.2.2. By Sales Channel
10.4.2.3. By Product Type
11. Africa Automotive Brake Component Industry Market Analysis, 2015-2025F
11.1.Market Size & Analysis
11.1.1. Market Revenue
11.1.2. Units Sold
11.2.Market Share & Analysis
11.2.1. By Vehicle Type
11.2.2. By Sales Channel
11.2.3. By Product Type
11.2.4. By Country
11.3.South Africa Automotive Brake Component Industry Market Analysis, 2015-2025F
11.3.1. Market Size & Analysis
11.3.1.1. Market Revenue
11.3.1.2. Units Sold
11.3.2. Market Share & Analysis
11.3.2.1. By Vehicle Type
11.3.2.2. By Sales Channel
11.3.2.3. By Product Type
11.4.Morocco Automotive Brake Component Industry Market Analysis, 2015-2025F
11.4.1. Market Size & Analysis
11.4.1.1. Market Revenue
11.4.1.2. Units Sold
11.4.2. Market Share & Analysis
11.4.2.1. By Vehicle Type
11.4.2.2. By Sales Channel
11.4.2.3. By Product Type
12. Asia-Pacific Automotive Brake Component Industry Market Analysis, 2015-2025F
12.1.Market Size & Analysis
12.1.1. Market Revenue
12.1.2. Units Sold
12.2.Market Share & Analysis
12.2.1. By Vehicle Type
12.2.2. By Sales Channel
12.2.3. By Product Type
12.2.4. By Country
12.3.China Automotive Brake Component Industry Market Analysis, 2015-2025F
12.3.1. Market Size & Analysis
12.3.1.1. Market Revenue
12.3.1.2. Units Sold
12.3.2. Market Share & Analysis
12.3.2.1. By Vehicle Type
12.3.2.2. By Sales Channel
12.3.2.3. By Product Type
12.4.India Automotive Brake Component Industry Market Analysis, 2015-2025F
12.4.1. Market Size & Analysis
12.4.1.1. Market Revenue
12.4.1.2. Units Sold
12.4.2. Market Share & Analysis
12.4.2.1. By Vehicle Type
12.4.2.2. By Sales Channel
12.4.2.3. By Product Type
12.5.Japan Automotive Brake Component Industry Market Analysis, 2015-2025F
12.5.1. Market Size & Analysis
12.5.1.1. Market Revenue
12.5.1.2. Units Sold
12.5.2. Market Share & Analysis
12.5.2.1. By Vehicle Type
12.5.2.2. By Sales Channel
12.5.2.3. By Product Type
12.6.South Korea Automotive Brake Component Industry Market Analysis, 2015-2025F
12.6.1. Market Size & Analysis
12.6.1.1. Market Revenue
12.6.1.2. Units Sold
12.6.2. Market Share & Analysis
12.6.2.1. By Vehicle Type
12.6.2.2. By Sales Channel
12.6.2.3. By Product Type
12.7.Australia Automotive Brake Component Industry Market Analysis, 2015-2025F
12.7.1. Market Size & Analysis
12.7.1.1. Market Revenue
12.7.1.2. Units Sold
12.7.2. Market Share & Analysis
12.7.2.1. By Vehicle Type
12.7.2.2. By Sales Channel
12.7.2.3. By Product Type
13. Global Automotive Brake Component Market Policies, Regulations, Product Standards
14. Global Automotive Brake Component Market Trends & Insights
15. Global Automotive Brake Component Market Dynamics
15.1.Growth Drivers
15.2.Challenges
15.3.Impact Analysis
16. Global Automotive Brake Component Market Hotspot & Opportunities
17. Global Automotive Brake Component Market Key Strategic Imperatives for Success & Growth
18. Competition Outlook
18.1. Competition Matrix
18.1.1. Product Portfolio
18.1.2. Brand Specialization
18.1.3. Target Markets
18.1.4. Target End Users
18.1.5. Research & Development
18.1.6. Strategic Alliances
18.1.7. Strategic Initiatives
18.2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
18.2.1. Nisshinbo Holdings.
18.2.2. Hitachi automotive Systems Limited.
18.2.3. Akebono Brake Industry Co., Ltd.
18.2.4. Continental AG
18.2.5. Wabco holdings Inc.
18.2.6. Robert Bosch GmbH
18.2.7. Aisin Seiko Co. Ltd.
18.2.8. Valeo SA
18.2.9. Delphi Automotive Plc
18.2.10. Federal Mogul Holdings Corporations
19. Disclaimer
