Brake Friction Parts Market, By Type (Brake Pads, Brake Shoes, and Other), By Application (OEM and Aftermarket), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI161719 | Publish Date: April 2024 | No. of Pages: 165

Global Brake Friction Parts Market Overview

Brake friction parts market report published by Prophecy Market Insights offers holistic view of various influencing factors and aims to answer all the target market related questions.

The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.

In the current research scope 2019 is considered as base year and 2020 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2020 to 2030. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.

Brake friction parts market report segments the market on the basis of type, application, and region.

The report expected to answer various target market related questions and offers insights on:

  • Definition, description, overview of market growth influencing factors, and forecast for the target market
  • Scope for related market in the forecast period
  • Analysis and outcome for the brake friction parts market by segment and region followed by countries
  • Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
  • Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
  • Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
  • Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economic factors that may influence market growth
  • PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index

Key players in the brake friction parts market include:

  • Robert Bosch GmbH
  • Aisin Seiki Co Ltd.
  • Akebono Brake Industry Co., Ltd. 
  • Continental AG
  • Delphi Automotive PLC
  • Dongying Xinyi Automobile Fitting Co., Ltd.
  • Federal-Mogul Motorparts LLC
  • Fras Le SA
  • Japan Brake Industrial Company Ltd.
  • Nan Hoang Traffic Instrument Co., Ltd. 

Prophecy Market Insights offers required customization on this report according to specific business requirements.

FAQs

The Brake Friction Parts Market is segmented into Type, Application and Region.

Market growth is driven by increasing vehicle production, stringent safety regulations, and the demand for advanced braking systems, including disc brakes and brake pads.

Challenges include intense market competition, environmental concerns related to brake dust, and the impact of economic fluctuations on the global automotive industry affecting the Brake Friction Parts Market.

Key regions considered are North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, with Asia-Pacific expected to dominate due to significant automotive production growth, rising vehicle sales, and stringent safety standards implementation in the region.

The key players operating the target market includes Robert Bosch GmbH,Aisin Seiki Co Ltd.,Akebono Brake Industry Co., Ltd. ,Continental AG,Delphi Automotive PLC,Dongying Xinyi Automobile Fitting Co., Ltd.,Federal-Mogul Motorparts LLC,Fras Le SA,Japan Brake Industrial Company Ltd.,Nan Hoang Traffic Instrument Co., Ltd.