Global Automotive Friction Brake System Overview
Introduction:
Friction braking is the most commonly used braking method used in the modern vehicles. It involves the conversion of kinetic energy to thermal energy by applying friction to the moving parts of a system. The friction force resists motion and in turn generates heat, eventually bringing the velocity to zero. Reinforcing fibers commonly used for brake friction materials are aramid fibers, metallic, ceramic, glass, acrylic, carbon, and other natural fibers. There are three basic types of brakes including; service brakes, emergency brakes, and parking brakes. The internal expanding brake is commonly used in motor cars and light trucks, when the brakes are applied to all the four wheels, the braking distance will be the least. Friction materials commonly consist of sintered lead bronzes and iron powders with additions of dry lubricants and so-called friction reinforces. Another commonly used brakes type is Disc brakes; they are mounted on the front and/or rear axle. To stop a wheel and your car, a disc brake uses a caliper fitted with brake pads to grab a spinning disc or rotor. The global automotive friction brake system market accounted for US$ 18.23 billion in 2020 and is estimated to be US$ 28.13 billion by 2030 and is anticipated to register a CAGR of 4.5%.
Global Automotive Friction Brake System Dynamics
Rising demand of Safety
Increasing consumer preferences on safety is the key factor driving the growth of the target market. The key manufacturers are constantly producing new and enhanced products for the comfortable and safe driving of vehicles are another factor responsible for the growth of this particular market. The surge in production of vehicle because of the growing demand and regulations passed by the government to reduce the stopping distance are some of the elements which boost the growth of the automotive brake systems market. Government regulations on the safety of people on roadways is the principle factor which propel the growth of the target market.
However, the installation of automotive braking system market involves high capital expenditure which is one of the major restraints for the market.
Global Automotive Friction Brake System Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The global automotive friction brake system market is segmented based on type, application, and region.
On the basis of type, the global automotive friction brake system market is segmented into disc brake and drum brake. On the basis of application, the target market is segmented into passenger cars, LCVs, and HCVs.
Regional Insights:
The global automotive friction brake system market accounted for US$ 18.23 billion in 2020 and is estimated to be US$ 28.13 billion by 2030 and is anticipated to register a CAGR of 4.5%. On region the global automotive friction brake system market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific region continues to dominate the global automotive brake system market, owing to low-cost labor and raw materials. Additionally, the increase in demand for light commercial vehicles in countries such as India and China. Europe and North America is estimated to grow steadily over the forecast period.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2020 |
|
Forecast period |
2020 – 2030 |
|
Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
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Market Segmentation |
By Type- Disc Brake, and Drum Brake By Application– Passenger Cars, LCVs, and HCVs |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global automotive friction brake system market report based on type, application, and region.
Global Automotive Friction Brake System Market, By Region:
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-
- North America
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- U.S.
- Canada
-
- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Automotive Friction Brake System Key Players
The key players operating in the global automotive friction brake system market includes Akebono Braking Industry Corporation, Brembo, Continental, Delphi Automotive, TRW Automotive Holdings, Aisin-Seiki, Federal-Mogul Corporation, Robert Bosch, Halla Mando Corporation, Haldex
Global Automotive Friction Brake System Company Profile
- Akebono Braking Industry Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Brembo
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Continental
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Delphi Automotive
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- TRW Automotive Holdings
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Aisin-Seiki
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Federal-Mogul Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Robert Bosch
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Halla Mando Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Haldex
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Automotive Friction Brake System Table of Contents
Preface
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- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Automotive Friction Brake System Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Automotive Friction Brake System Market, By Type 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Disc Brake
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Drum Brake
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Automotive Friction Brake System Market, By Application 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Passenger Cars
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- LCVs
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- HCVs
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Automotive Friction Brake System Market, By Region, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Akebono Braking Industry Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Brembo
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Continental
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Delphi Automotive
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- TRW Automotive Holdings
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Aisin-Seiki
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Federal-Mogul Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Robert Bosch
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Halla Mando Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Haldex
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Global Automotive Friction Brake System Market is segmented into type, application, and region.
Automobile companies are constantly producing new and enhanced products for the comfortable and safe driving of vehicles which is propelling the markets growth.
By region The Asia-Pacific region continues to dominate the market, and the manufacturers in this region offer high-cost reductions, owing to the availability of low-cost labor and raw materials.
The Key players operating in the Global Automotive Friction Brake System Market include Akebono Braking Industry Corporation, Brembo, Continental, Delphi Automotive, TRW Automotive Holdings, Aisin-Seiki, Federal-Mogul Corporation, Robert Bosch, Halla Mando Corporation and Haldex.