5th Floor, Brigade Towers,
Financial District, Gachibowli,
Hyderabad - 500032,
The Automotive Brake System Market is segmented by Product Type (Disc Brakes, Drum Brakes), Brake Pad Material Type (Organic, Metallic, Ceramic, Carbon), Sales Channel (Original Equipment Manufacturers (OEMs), Aftermarket), Vehicle Type (2-wheelers, Passenger Vehicles, Commercial Vehicles) and Geography.
Fastest Growing Market:
The automotive brake system market is estimated to register a CAGR of 5.81% during the forecast period, 2020-2025.
The automotive brake system market covers the latest trends and technological development in the automotive brake system, demand of the product type, brake pad material type, sales channel type, vehicle type, geography and market share of major automotive brake calipers manufacturers across the world.
|Brake Pad Material Type|
|Original Equipment Manufacturers (OEM)|
Report scope can be customized per your requirements. Click here.
Moto racing sports have greatly contributed to the developments in vehicle braking technology. Carbon-Carbon brakes that were initially used in formula 1 are now used in top end cars such as Ferrari, Lamborghini and sports cars from Audi and BMW. However, carbon-carbon brakes are very costly (up to USD 20000) and this factor can hinder the growth rate. Carbon-Ceramic brakes are formed by coating carbon fiber disc with ceramic braking surface coating. They weigh almost 50% less than cast iron rotor brakes and have a negligible wear and tear rate but the cost of replacement of such brakes is also 3 to 5 times higher than normal brakes.
Multi piston calipers usage is also increasing significantly. This type of caliper uses larger curved brake pads with large swept area which helps in effective distribution of force on the brake pads.
To understand key trends, Download Sample Report
In the automotive brake system market, the growth of the Asia-Pacific region is expected to be more during the forecast period. China is one of the biggest automotive markets in the world. The growing Chinese economy and rising disposable incomes of people in China have increased the demand for vehicles in the country. Additionally, the low production costs in China has favored the growth of vehicle manufacturing in China. In 2018, China produced 27.8 million vehicles.
Moreover, the rising number of accidents in India has led to an increase in safety features, especially in the mid-level vehicles. In order to minimize such incidents, the Indian government has made it mandatory for all automobile companies to install anti-lock braking systems in their vehicles by April 2019. 2-wheeler models such as Hero Karizma, Bajaj V15 and car models such as Hyundai Eon, Honda Brio, Fiat Punto, Tata Bolt, etc. were discontinued due to lack of ABS and stringent government emission and safety norms. India is also one of the largest producers of automobiles in Asia Pacific. Thus, such developments are expected to drive the growth of the automotive brake system market in Asia-Pacific.
To understand geography trends, Download Sample Report.
The automotive brake system market is fragmented, with various players existing in the market. Advics Co. Ltd is the leading player in the market. The market is driven by the vehicle production trend, aftermarket replacement rate, and acquisition activities among the key players.
Other players in the market include Akebono Brake Industry Co., Brembo SpA, Continental AG, ZF TRW CO., etc. Some of the recent developments in braking technology are
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Product Type
5.1.1 Disc Brakes
5.1.2 Drum Brakes
5.2 Brake Pad Material Type
5.3 Sales Channel
5.3.1 Original Equipment Manufacturers (OEM)
5.4 Vehicle Type
5.4.1 2 wheelers
5.4.2 Passenger Cars
5.4.3 Commercial Vehicles
5.5.1 North America
188.8.131.52 United States
184.108.40.206 Rest of North America
220.127.116.11 United Kingdom
18.104.22.168 Rest of Europe
22.214.171.124 South Korea
126.96.36.199 Rest of Asia-Pacific
5.5.4 Rest of the World
188.8.131.52 South Africa
184.108.40.206 Other Countries
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Akebonbo Brake Industry Co.
6.2.2 Brembo SpA
6.2.3 Robert Bosch GmbH
6.2.4 Continental AG
6.2.5 Disc Brakes Austraia (DBA)
6.2.6 Aptiv PLC (Delphi)
6.2.7 Fedeal-Mogul Holding Co.
6.2.8 Hella Pagid GmbH
6.2.9 Performance Friction Corporation (PFC) Brakes
6.2.10 TVS Brake Linings Co.
6.2.11 ZF TRW Co.
6.2.12 Advics Co. Ltd
6.2.13 Hitachi Automotive Systems
7. MARKET OPPORTUNITIES AND FUTURE TRENDS