Brake Friction Products Market Size, Share & Analysis

Report Code AT 3214
Published in Nov, 2021, By MarketsandMarkets™
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Brake Friction Products Market (OEM, Aftermarket), By Type (Brake Disc, Pad, Drum, Shoe, Liner, Shim), Disc Type (Metallic, Composite, Ceramic), Liner Type (Molded, Woven), Vehicle Type (Ice, Electric, PHEV, OHV), and Region - Global Forecast to 2030

 

Overview

The global brake friction products market is projected to reach USD 16.78 billion by 2030 from USD 14.68 billion in 2024, at a CAGR of 2.3%.

The rising demand for disc brakes, especially in passenger cars, the rise in stopping distance mandates, the demand for high-performing brakes, and vehicle safety are expected to raise the demand for brake friction products.

Developed countries like Germany, the US, the UK, and Japan have a 90-95% installation rate of disc brakes in passenger cars, driven by high consumer income and stopping distance mandates. On the contrary, countries like India, Brazil, and Russia have nearly 70% adoption of mixed braking systems, including a front disc and a rear drum, due to the preference for cost-effective vehicles. Disc brakes are more effective than drum brakes in stopping vehicles. Thus, they are trending in Europe and North America, which demand more stringent safety regulations. Disc brakes offer better heat dissipation and less tendency toward brake fade, which increases their use in high-income regions of the world where safety and performance take precedence.

Brake Friction Products Market

Attractive Opportunities in the Brake Friction Products Market

ASIA PACIFIC

The market growth in Asia Pacific can be attributed to the presence of automotive OEMs with large vehicle production capacity, higher vehicle sales, and large customer base.

Market growth in the Asia Pacific can be attributed to the higher vehicle production and FDIs in the form of alliances and joint ventures, especially in China and India.

Use of lightweight materials and ecofriendly and nontoxic friction products have created opportunities for brake friction products.

Stringent brake emission norms, increased safety standards, rising vehicle parc, and the growing average of miles traveled will boost the brake friction products market.

Reduction in ICE vehicle production would reduce the demand for brake friction products in ICE vehicles; however, the rising sales of EVs will create opportunities for companies.

Global Brake Friction Products Market Dynamics

Driver: Increasing vehicle parc & vehicle miles traveled to boost the aftermarket

The brake friction market is mainly dependent on aftermarket sales of these products. Brake friction products need to be changed periodically. This period varies with the usage of a vehicle and the application of brakes. Hence, the growth of the brake friction market also depends on the global vehicle parc. MarketsandMarkets has reported that the total sales of passenger cars and light commercial vehicles increased from 496,704 thousand units in 2019 to 543,087 thousand units in 2023. In contrast, the HCV parc, or the number of cars in use, went up from 93,011.3 thousand units in 2019 to 101,071.4 thousand units in 2023. The increase in vehicle parc has fueled the brake friction market globally.

As vehicle usage increases, so does the need to change brake friction products periodically. These periodic changes mainly involve replacing wearable parts such as brake friction material. For instance, a standard brake pad changes after 32,000-35,000 miles of vehicle use. As per MarketsandMarkets analysis, more parking vehicles exist in the US and China than in other countries. With the increase in vehicle parc and average miles driven per year, the replacement rate of brake friction products is also increasing due to frequent wear and tear of products. Hence, the aftermarket is expected to grow in the future.

Restraint: Improving life of brake friction products to influence demand for replacements

Vehicle parts have become more durable, making it difficult for brake friction product manufacturers. OEMs now demand a product that can last longer and perform better, thus defying wear, noise, and roughness under extreme temperature changes and other environmental factors, such as contamination and oxidation. Stringent safety rules even make it obligatory to create a more durable product. The factors result in vehicles replacing brake friction products less frequently, possibly even less than 2 to 3 times throughout a car’s entire lifetime, leading to reduced demand in the market. This will affect the replacement cycle and demand considerably.

 

Opportunity: Development of new friction material products due to Euro 7 regulations

The essence of Euro 7 regulations on both light-duty and heavy-duty vehicle applications will still be primarily related to the non-exhaust sources of particulate emissions, which come from brakes and tires. Passenger cars face a specific threshold limit concerning brake dust emissions, pegged at 7 mg/km. Companies manufacturing friction brakes have a vast potential for developing cleaner and less emitting braking technologies. The most significant players, TMD Friction, Forvia, Eberspächer, Tenneco, and Johnson Matthey, are actively seeking solutions to meet these high standards.

Bosch unveiled a new test bench that premiered in July 2024 that allows for the exact control of particulate matter emissions as all brake emissions are captured, meaning it can meet Euro 7 standards. According to an OECD study, the rules might even impact the number of electrical vehicles sold. The same source says that particulate matter emissions from brakes are 3-8% higher for electrical than for ICE and hybrid vehicles because they weigh more. Brake manufacturers are sharpening their focus on hybrid vehicle solutions, which represent a compromise between heavier and lighter emissions configurations. Euro 7 will be a game-changer for this industry and spur development in friction technologies, along with a reduction in emission technologies.

Challenges: Counterfeit brake friction products in the aftermarket

The proliferation of counterfeit brake friction products in the aftermarket is a significant concern for legitimate suppliers due to the safety risks posed by low-quality imitations. These products often fail to meet OEM standards, leading to mechanical failures. Asia, particularly China, is a significant source, with countries like Russia, India, and Pakistan also contributing to the problem. According to the US Department of Homeland Security, seizures of counterfeit auto parts, including brake pads, doubled in 2024, while 20% of road accidents in India are linked to fake parts. Governments, like the UK, are launching awareness campaigns to educate consumers about the dangers of counterfeit products.

This highlights the challenge counterfeits pose to both automotive manufacturers and consumer safety, driving the need for stricter regulation and enforcement to curb the spread of fake products.

Global Brake Friction Products Market Ecosystem Analysis

The ecosystem analysis highlights various brake friction product market players, primarily represented by OEMs, brake friction product manufacturers, raw material suppliers, and aftermarket suppliers. Some of the significant brake friction products manufacturers include Robert Bosch GmbH (Germany), Aisin Corporation (Japan), ZF Friedrichshafen AG (Germany), Brembo S.p.A (Italy), and Tenneco Inc. (US).

Top Companies in Brake Friction Products Market
 

Passenger car segment to lead the brake friction products market during the forecast period.

Passenger cars constitute the largest market segment. The rise in vehicle safety and the rise in demand for advanced technologies has been propelling the growth of the brake friction products market in this segment. The increase in demand for brakes in economy and premium segment vehicles, along with the advanced features and rise in vehicle production in critical countries, further drives the demand. According to OICA statistics, a total of 68.02 million units of passenger cars were produced in 2023. The brake friction products market for passenger cars is expected to grow significantly, particularly in Asia Pacific. The market growth in this region can be attributed to the adoption of lower-priced brake friction products. In 2023, there were 4.7 million units of passenger cars produced in India, whereas China produced 26.1 million units in 2023. China constituted 38.4% of the global passenger car production in 2023.

Economy cars typically feature two-disc and two-drum brakes, while the global trend is shifting toward Class C and above vehicles, which mostly feature all-disc systems. These vehicles account for 70-75% of Asia Pacific, Europe, and North America sales.

In premium vehicles, the demand for advanced materials in brake pads for noise control and braking performance is rising. ADAS systems like AEB also contribute to increased friction product wear, with US, EU, and Japan regulations driving more frequent replacements. Leading manufacturers like Bosch, Aisin, Brembo, and Tenneco continue to innovate, as seen with ZF’s 2023 launch of TRW brake pads and discs.

The wet brake market is expected to be the largest and fastest-growing during the forecast period.

Wet brakes, known as oil-immersed disc brakes, have been extensively used in agricultural tractors and construction equipment because of their durability, less maintenance, and excellent performance under adverse environments. Unlike dry brakes, wet brakes use multiple discs and continuous lubrication for higher friction coefficients that should help avoid overheating with better reliability and safety. India and China lead this market in the Asia Pacific, accounting for 75% of global sales in agricultural tractors, primarily because of the increasing mechanization of farms. The North American market is growing at the highest rate, driven by safety standards and the need for higher performance. Wet brakes will gain increasing acceptance since they have more strength than dry brakes in durability and performance.

Asia Pacific is estimated to be the largest market during the forecast period.

The Asia Pacific is estimated to be the largest market during the forecast period. The region is a leading producer of automobiles worldwide and will likely retain its position in the coming years. It comprises some of the fastest developing economies globally, such as China, India, and South Korea. China, the world’s largest vehicle manufacturer, is expected to be at the forefront of market growth due to higher adoption of lightweight materials and solid norms for safety. The governments of these countries have realized the growth potential in the automobile market and have thus adopted various initiatives to attract OEMs to their domestic markets. Higher volumes of vehicle production cater to both domestic and overseas demand. The Asia Pacific is a high-potential market for automotive OEMs and component and equipment manufacturers due to the large number of consumers, quick automobile manufacturing, and overall solid economic growth. The top brake friction product manufacturers in the Asia Pacific include Nisshinbo Holdings (Japan), Akebono Brake Industry Co., Ltd. (Japan), Aisin Corporation (Japan), and HL Mando (South Korea).

BUS: HIGHEST CAGR MARKET BY 2030
PASSENGER CARs: LARGEST MARKET IN THE REGION
Brake Friction Products Market Size and Share

Recent Developments of Brake Friction Products Market

  • In September 2024, Bosch launched a new brake fluid named “DOT 4 E brake fluid,” which is used in the automotive sector. This fluid developed by the company is free from hazardous borates, making it safer to handle, particularly for pregnant women. The new brake fluid has been developed, considering the international DOT 4 standards. It is used in anti-lock braking systems (ABS) and electronic stability programs (ESP).
  • In September 2024, Bosch developed “Braking Control Pad” technology at the 2024 Bosch Mobility Experience Center, which eliminates the mechanical connection between the driver’s brake pedal and the braking system, which is replaced with electronic commands for more precise braking and utilizes a touch-sensitive pad instead of a traditional brake pedal.
  • In September 2024, Nisshinbo Holdings Inc. acquired ARGONICS GmbH, a company developing advanced composite materials and solutions. This acquisition was a strategic move by Nisshinbo to enhance the company’s capabilities in the automotive sector, particularly in developing innovative brake systems and components.
  • In June 2024, Brakes India formed a joint venture with ADVICS, Brakes India ADVICS, to develop and manufacture advanced braking products for India’s domestic light vehicle market. Both companies will invest USD 59.7 million over the next three years. This joint venture, which has 51% of Brakes India and 49% of ADVICS, focuses on developing Electronic Stability Control (ESC) systems. The joint venture was formed due to India’s rising demand for hybrid and battery-electric vehicles.
  • In January 2024, ZF, in the aftermarket segment, expanded its product offerings with 770 new products, consisting of TRW brake pads with part number 105 in the listing, explicitly designed for the vehicles present in North America. Along with this brake product, ZF had also launched brake boosters, master cylinders, SACHS Ride Control shocks, ZF transmission components, and LEMFÖRDER window regulators in the aftermarket segment.
  • In March 2023, Brembo showcased its innovative electric vehicle (EV) brake systems at the AMKL 2023 event in Malaysia, marking its debut in Southeast Asia. The company developed these brakes specifically for electric cars, featuring enhanced corrosion resistance, silent operation, and lightweight construction to meet the increasing demand for battery electric vehicles (BEVs).

Key Market Players

List of Top Brake Friction Products Market Companies

The Brake Friction Products Market is dominated by a few major players that have a wide regional presence. The major players in the Brake Friction Products Market are

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Scope of the Report

Report Attribute Details
Market size available for years 2020–2030
Base year considered 2023
Forecast period 2024–2030
Forecast units Volume (Thousand Units), Value (USD Million/Billion)
Segments Covered Product Type, Vehicle Type, Liner Type, Material Type, Off-Highway Market, Application And Disc Type, Electric Vehicle Brake Friction OE Market, Vehicle Type, Aftermarket By-Products, Vehicle Type, and Region.
Regions covered Asia Pacific, Europe, North America, and Rest of the World

 

Key Questions Addressed by the Report

What is the current size of the global brake friction products market?
The global brake friction products market is projected to grow to USD 16.78 billion by 2030 from USD 14.68 billion in 2024 at a CAGR of 2.3% during the forecast period.
Who are the key players in the global brake friction products market?
The brake friction products market is dominated by major players, including, Aisin Corporation (Japan), ZF Friedrichshafen AG (Germany), Brembo S.p.A (Italy), Nisshinbo Holdings Inc. (Japan), and Tenneco Inc. (US).
Which region will have the largest brake friction products market?
The Asia Pacific region will have the largest brake friction products market due to growing investment in automotive infrastructure and the rising automotive manufacturing industry in China, India, and Japan. Japan is the most prominent manufacturer and seller of brake friction products in the Asia Pacific.
Which country will significantly demand brake friction products in the APAC region?
China will hold the largest share of the brake friction products market due to the presence of major OEMs, the growing demand for premium vehicles, and government policies supporting vehicle production.
What are the key market trends impacting the growth of the brake friction products market?
The usage of lightweight materials such as ceramic composites, eco-friendly and nontoxic brake friction products, lightweight rotor brakes, brake-by-wire technology, and copper-free brake pads are the key market trends or technologies that will have a significant impact on the brake friction products market in the future.

 

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Table of Contents

Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.

TITLE
PAGE NO

 

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 24)
    1.1 OBJECTIVES
    1.2 MARKET DEFINITION
           1.2.1 INCLUSIONS & EXCLUSIONS
    1.3 MARKET SCOPE
           FIGURE 1 MARKET SEGMENTATION: BRAKE FRICTION PRODUCTS MARKET
    1.4 SUMMARY OF CHANGES
    1.5 LIMITATIONS
    1.6 STAKEHOLDERS
    1.7 CURRENCY
           1.7.1 YEARS CONSIDERED IN THE STUDY

2 RESEARCH METHODOLOGY (Page No. - 28)
    2.1 RESEARCH DATA
           FIGURE 2 BRAKE FRICTION PRODUCTS MARKET: RESEARCH DESIGN
           FIGURE 3 RESEARCH METHODOLOGY MODEL
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key secondary sources
                    2.1.1.2 Key secondary sources for market sizing
                    2.1.1.3 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
                    2.1.2.1 Sampling techniques & data collection methods
    2.2 MARKET SIZE ESTIMATION
           2.2.1 BOTTOM-UP APPROACH: BRAKE FRICTION PRODUCTS OE MARKET
                    FIGURE 5 APPROACH 1 - BOTTOM-UP APPROACH: BRAKE FRICTION PRODUCTS OE MARKET
           2.2.2 BOTTOM-UP APPROACH: BRAKE FRICTION PRODUCTS AFTERMARKET
                    FIGURE 6 APPROACH 1 - BOTTOM-UP APPROACH: BRAKE FRICTION PRODUCTS AFTERMARKET
           2.2.3 BOTTOM-UP APPROACH: OFF-HIGHWAY MARKET
                    FIGURE 7 BOTTOM-UP APPROACH: OFF-HIGHWAY MARKET
           2.2.4 APPROACH 2: TOP-DOWN APPROACH: BRAKE DISC OE MARKET, BY MATERIAL TYPE
                    FIGURE 8 TOP-DOWN APPROACH: BRAKE DISC OE MARKET, BY MATERIAL TYPE
    2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
           FIGURE 9 DATA TRIANGULATION
    2.4 RISK ANALYSIS

3 EXECUTIVE SUMMARY (Page No. - 38)
    3.1 PRE- & POST-COVID-19 SCENARIO
           FIGURE 10 PRE- & POST-COVID-19 SCENARIO: MARKET, 2019–2026 (USD MILLION)
           TABLE 1 MARKET: PRE- VS. POST-COVID-19 SCENARIO, 2019–2026 (USD MILLION)
    3.2 REPORT SUMMARY
           FIGURE 11 BRAKE FRICTION PRODUCTS: MARKET OUTLOOK
           FIGURE 12 BRAKE FRICTION MARKET, BY REGION, 2021–2026 (USD MILLION)

4 PREMIUM INSIGHTS (Page No. - 42)
    4.1 ATTRACTIVE OPPORTUNITIES IN BRAKE FRICTION PRODUCTS MARKET
           FIGURE 13 STRINGENT BRAKE EMISSION NORMS AND STOPPING DISTANCE REGULATIONS TO DRIVE THE MARKET
    4.2 MARKET, BY PRODUCT TYPE
           FIGURE 14 BRAKE DISC SEGMENT TO LEAD THE MARKET, BY VALUE (USD MILLION)
    4.3 MARKET, BY VEHICLE TYPE
           FIGURE 15 PASSENGER CAR TO BE LARGEST AND FASTEST GROWING SEGMENT, BY VALUE (USD MILLION)
    4.4 BRAKE LINER MARKET, BY LINER TYPE
           FIGURE 16 MOLDED BRAKE LINER TO HOLD LARGEST SHARE OWING TO HIGHEST PENETRATION IN PASSENGER CARS & LCVS IN 2021 (USD MILLION)
    4.5 BRAKE DISC MARKET, BY MATERIAL
           FIGURE 17 CERAMIC BRAKE DISC EXPECTED TO GROW AT FASTEST RATE OWING TO DEMAND FOR LUXURY CARS (USD MILLION)
    4.6 OFF-HIGHWAY MARKET, BY APPLICATION
           FIGURE 18 AGRICULTURAL TRACTORS TO BE LARGEST APPLICATION IN OFF-HIGHWAY MARKET, BY VALUE (USD MILLION)
    4.7 BRAKE FRICTION PRODUCTS OE MARKET, BY REGION
           FIGURE 19 ASIA OCEANIA TO DOMINATE MARKET DURING FORECAST PERIOD
    4.8 BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION
           FIGURE 20 ASIA OCEANIA TO BE LARGEST AFTERMARKET FOR BRAKE FRICTION PRODUCTS, BY VALUE (USD MILLION)

5 MARKET OVERVIEW (Page No. - 47)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 21 BRAKE FRICTION PRODUCTS MARKET: MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Increasing vehicle parc & vehicle miles traveled to boost the aftermarket
                               FIGURE 22 TOTAL VEHICLE PARC, BY KEY COUNTRY, 2018–2026 (‘000 UNITS)
                               FIGURE 23 PASSENGER CAR AVERAGE MILES DRIVEN, BY KEY COUNTRY, 2018 VS. 2022 VS. 2026 (MILES)
                    5.2.1.2 Increase in vehicle production will fuel the demand for brake friction OE market
                               5.2.1.2.1 Growing demand for passenger cars and commercial vehicles
                               FIGURE 24 PASSENGER CAR PRODUCTION, BY KEY COUNTRY, 2018–2026 (‘000 UNITS)
                               5.2.1.2.2 Stopping distance for light- and heavy-duty vehicles
                               FIGURE 25 COMPARISON OF STOPPING DISTANCES AT 65 MPH FOR PASSENGER CAR AND TRUCK IN US
                               FIGURE 26 TOTAL STOPPING DISTANCES FOR PASSENGER CAR AND TRUCK
                               5.2.1.2.3 Enhanced vehicle safety with ABS and EBD
                               FIGURE 27 EFFECT OF EBD
                               5.2.1.2.4 Increasing demand for construction equipment and off-highway vehicles
                               FIGURE 28 OFF-HIGHWAY VEHICLE SALES, BY KEY COUNTRY, 2017 VS. 2022 (‘000 UNITS)
                    5.2.1.3 Growing use of brakes due to traffic congestion to increase the demand for replacement units
                               TABLE 2 ANNUAL TIME SPENT IN TRAFFIC CONGESTION (HOURS)
           5.2.2 RESTRAINTS
                    5.2.2.1 Impact of COVID-19 on the supply chain of automotive components
                    5.2.2.2 Improving life of brake friction products to influence the demand for replacement units
                               FIGURE 29 REPLACEMENT LIFE OF BRAKE DISC, BY MATERIAL (KILOMETERS), 2017
                    5.2.2.3 Advancements in brake technologies to eliminate the need for friction materials
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Use of lightweight materials in brake friction products
                               TABLE 3 VEHICLE WEIGHT REDUCTION TARGETS FOR LIGHT-DUTY ICE VEHICLES (2020–2050)
                               FIGURE 30 WEIGHT OF BRAKE DISC, BY MATERIAL USED (LBS)
                               5.2.3.1.1 Composite brake disc provides weight reduction by 20%
                    5.2.3.2 Metal-free brake pads technology in electric vehicles
                    5.2.3.3 Ecofriendly and non-toxic brake friction products to be new avenues of growth for brake manufacturers
           5.2.4 CHALLENGES
                    5.2.4.1 Government regulations related to alloy composition of brake friction products
                    5.2.4.2 Counterfeit brake friction products in the aftermarket
    5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
           FIGURE 31 REVENUE SHIFT FOR BRAKE FRICTION PRODUCTS MARKET
    5.4 MARKET, SCENARIOS (2021–2026)
           FIGURE 32 MARKET: COVID-19 SCENARIOS ANALYSIS
           5.4.1 REALISTIC SCENARIO
                    TABLE 4 MARKET (REALISTIC SCENARIO), BY REGION, 2019–2026 (USD MILLION)
           5.4.2 HIGH COVID-19 IMPACT SCENARIO
                    TABLE 5 MARKET (HIGH COVID-19 IMPACT SCENARIO), BY REGION, 2019–2026 (USD MILLION)
           5.4.3 LOW COVID-19 IMPACT SCENARIO
                    TABLE 6 MARKET (LOW COVID-19 IMPACT SCENARIO), BY REGION, 2019–2026 (USD MILLION)
    5.5 ECOSYSTEM/MARKET MAP
           TABLE 7 BRAKE FRICTION PRODUCTS MARKET: ECOSYSTEM
    5.6 TECHNOLOGY ANALYSIS
    5.7 CASE STUDY ANALYSIS
           5.7.1 CASE STUDY 1
           5.7.2 CASE STUDY 2
    5.8 PATENT ANALYSIS
    5.9 AVERAGE SELLING OE PRICE ANALYSIS
           TABLE 8 PASSENGER CAR: AVERAGE SELLING OE PRICE, BY PRODUCT TYPE, 2021-E (USD)
           TABLE 9 LCV: AVERAGE SELLING OE PRICE, BY PRODUCT TYPE, 2021-E (USD)
           TABLE 10 HCV : AVERAGE SELLING OE PRICE, BY PRODUCT TYPE, 2021-E (USD)
    5.10 VALUE CHAIN ANALYSIS
           FIGURE 33 VALUE CHAIN ANALYSIS: BRAKE FRICTION MARKET
    5.11 TRADE ANALYSIS
                    TABLE 11 TRADE ANALYSIS, BRAKE FRICTION BRAKE LININGS AND PADS
    5.12 TARIFF AND REGULATORY LANDSCAPE
           5.12.1 VEHICLE SAFETY STANDARDS, BY REGION
                    TABLE 12 VEHICLE SAFETY STANDARDS, BY REGION
    5.13 PORTER’S FIVE FORCES ANALYSIS
                    FIGURE 34 PORTER’S FIVE FORCES ANALYSIS
           5.13.1 THREAT OF NEW ENTRANTS
           5.13.2 THREAT OF SUBSTITUTES
           5.13.3 BARGAINING POWER OF SUPPLIERS
           5.13.4 BARGAINING POWER OF BUYERS
           5.13.5 INTENSITY OF COMPETITIVE RIVALRY

6 BRAKE FRICTION PRODUCTS MARKET, BY PRODUCT TYPE (Page No. - 74)
    6.1 INTRODUCTION
           6.1.1 RESEARCH METHODOLOGY
           6.1.2 ASSUMPTIONS
           6.1.3 INDUSTRY INSIGHTS
                    FIGURE 35 MARKET, BY PRODUCT TYPE, 2021 VS. 2026 (USD MILLION)
                    TABLE 13 MARKET, BY PRODUCT TYPE, 2018–2020 (‘000 UNITS)
                    TABLE 14 MARKET, BY PRODUCT TYPE, 2021–2026 (‘000 UNITS)
                    TABLE 15 MARKET, BY PRODUCT TYPE, 2018–2020 (USD MILLION)
                    TABLE 16 MARKET, BY PRODUCT TYPE, 2021–2026 (USD MILLION)
    6.2 BRAKE DISC
           6.2.1 INCREASING STRINGENT SAFETY NORMS TO DRIVE THE SEGMENT
                    TABLE 17 BRAKE DISC MARKET, BY REGION, 2018–2020 (‘000 UNITS)
                    TABLE 18 BRAKE DISC MARKET, BY REGION, 2021–2026 (‘000 UNITS)
                    TABLE 19 BRAKE DISC MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 20 BRAKE DISC MARKET, BY REGION, 2021–2026 (USD MILLION)
    6.3 BRAKE PAD
           6.3.1 INCREASING DEMAND FOR SAFETY, PERFORMANCE, AND CONTROL IS EXPECTED TO DRIVE THE SEGMENT
                    TABLE 21 BRAKE PAD MARKET, BY REGION, 2018–2020 (‘000 UNITS)
                    TABLE 22 BRAKE PAD MARKET, BY REGION, 2021–2026 (‘000 UNITS)
                    TABLE 23 BRAKE PAD MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 24 BRAKE PAD MARKET, BY REGION, 2021–2026 (USD MILLION)
    6.4 DRUM BRAKE
           6.4.1 RISE IN SALES OF COMMERCIAL VEHICLES TO DRIVE THE SEGMENT
                    TABLE 25 DRUM BRAKE MARKET, BY REGION, 2018–2020 (‘000 UNITS)
                    TABLE 26 DRUM BRAKE MARKET, BY REGION, 2021–2026 (‘000 UNITS)
                    TABLE 27 DRUM BRAKE MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 28 DRUM BRAKE MARKET, BY REGION, 2021–2026 (USD MILLION)
    6.5 BRAKE SHOE
           6.5.1 INCREASE IN SALES OF HCVS TO DRIVE THE MARKET
                    TABLE 29 BRAKE SHOE MARKET, BY REGION, 2018–2020 (‘000 UNITS)
                    TABLE 30 BRAKE SHOE MARKET, BY REGION, 2021–2026 (‘000 UNITS)
                    TABLE 31 BRAKE SHOE MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 32 BRAKE SHOE MARKET, BY REGION, 2021–2026 (USD MILLION)
    6.6 BRAKE LINER
           6.6.1 ADVANCEMENTS IN BRAKE LINER MATERIAL TO DRIVE THE SEGMENT
                    TABLE 33 BRAKE LINER MARKET, BY REGION, 2018–2020 (‘000 UNITS)
                    TABLE 34 BRAKE LINER MARKET, BY REGION, 2021–2026 (‘000 UNITS)
                    TABLE 35 BRAKE LINER MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 36 BRAKE LINER MARKET, BY REGION, 2021–2026 (USD MILLION)

7 BRAKE LINER (OE) MARKET, BY LINER TYPE (Page No. - 87)
    7.1 INTRODUCTION
           7.1.1 RESEARCH METHODOLOGY
           7.1.2 ASSUMPTIONS
           7.1.3 INDUSTRY INSIGHTS
                    FIGURE 36 BRAKE LINER MARKET, BY LINER TYPE, 2021 VS 2026 (USD MILLION)
                    TABLE 37 BRAKE LINER MARKET, BY LINER TYPE, 2018–2020 (MILLION UNITS)
                    TABLE 38 BRAKE LINER MARKET, BY LINER TYPE, 2021–2026 (MILLION UNITS)
                    TABLE 39 BRAKE LINER MARKET, BY LINER TYPE, 2018–2020 (USD MILLION)
                    TABLE 40 BRAKE LINER MARKET, BY LINER TYPE, 2021–2026 (USD MILLION)
    7.2 MOLDED BRAKE LINER
           7.2.1 USE OF NATURAL ASBESTOS FIBERS IN MOLDED BRAKE LINERS TO DRIVE THE SEGMENT
                    TABLE 41 MOLDED BRAKE LINER MARKET, BY REGION, 2018–2020 (MILLION UNITS)
                    TABLE 42 MOLDED BRAKE LINER MARKET, BY REGION, 2021–2026 (MILLION UNITS)
                    TABLE 43 MOLDED BRAKE LINER MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 44 MOLDED BRAKE LINER MARKET, BY REGION, 2021–2026 (USD MILLION)
    7.3 WOVEN BRAKE LINER
           7.3.1 INCREASE IN PRODUCTION OF HCVS TO DRIVE THE SEGMENT
                    TABLE 45 WOVEN BRAKE LINER MARKET, BY REGION, 2018–2020 (MILLION UNITS)
                    TABLE 46 WOVEN BRAKE LINER MARKET, BY REGION, 2021–2026 (MILLION UNITS)
                    TABLE 47 WOVEN BRAKE LINER MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 48 WOVEN BRAKE LINER MARKET, BY REGION, 2021–2026 (USD MILLION)

8 BRAKE DISC MARKET, BY MATERIAL (Page No. - 94)
    8.1 INTRODUCTION
           8.1.1 RESEARCH METHODOLOGY
           8.1.2 ASSUMPTIONS
           8.1.3 INDUSTRY INSIGHTS
                    FIGURE 37 BRAKE DISC MARKET, BY MATERIAL TYPE, 2018 VS. 2025 (USD BILLION)
                    TABLE 49 BRAKE DISC MARKET, BY MATERIAL TYPE, 2018-2020 (‘000 UNITS)
                    TABLE 50 BRAKE DISC MARKET, BY MATERIAL TYPE, 2021-2026 (‘000 UNITS)
                    TABLE 51 BRAKE DISC MARKET, BY MATERIAL TYPE, 2018–2020 (USD MILLION)
                    TABLE 52 BRAKE DISC MARKET, BY MATERIAL TYPE, 2021–2026 (USD MILLION)
    8.2 METALLIC DISC
           8.2.1 LOW COST AND SUITABLE FRICTION PROPERTIES TO DRIVE THE SEGMENT
                    TABLE 53 METALLIC BRAKE DISC MARKET, BY REGION, 2018-2020 (‘000 UNITS)
                    TABLE 54 METALLIC BRAKE DISC MARKET, BY REGION, 2021-2026 (‘000 UNITS)
                    TABLE 55 METALLIC BRAKE DISC MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 56 METALLIC BRAKE DISC MARKET, BY REGION, 2021–2026 (USD MILLION)
    8.3 COMPOSITE DISC
           8.3.1 GROWING DEMAND FOR LIGHTWEIGHT VEHICLES TO DRIVE THE SEGMENT
                    TABLE 57 COMPOSITE BRAKE DISC MARKET, BY REGION, 2018-2020 (‘000 UNITS)
                    TABLE 58 COMPOSITE BRAKE DISC MARKET, BY REGION, 2021-2026 (‘000 UNITS)
                    TABLE 59 COMPOSITE BRAKE DISC MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 60 COMPOSITE BRAKE DISC MARKET, BY REGION, 2021–2026 (USD MILLION)
    8.4 CERAMIC BRAKE DISC
           8.4.1 INCREASE IN DEMAND FOR LUXURY AND HIGH-PERFORMANCE PASSENGER CARS TO DRIVE THE SEGMENT
                    TABLE 61 CERAMIC BRAKE DISC MARKET, BY REGION, 2018-2020 (‘000 UNITS)
                    TABLE 62 CERAMIC BRAKE DISC MARKET, BY REGION, 2021-2026 (‘000 UNITS)
                    TABLE 63 CERAMIC BRAKE DISC MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 64 CERAMIC BRAKE DISC MARKET, BY REGION, 2021–2026 (USD MILLION)

9 BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE (Page No. - 103)
    9.1 INTRODUCTION
           9.1.1 RESEARCH METHODOLOGY
           9.1.2 ASSUMPTIONS
           9.1.3 INDUSTRY INSIGHTS
                    FIGURE 38 BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE, 2018 VS. 2026 (USD MILLION)
                    TABLE 65 MARKET, BY VEHICLE TYPE, 2018–2020 (‘000 UNITS)
                    TABLE 66 MARKET, BY VEHICLE TYPE, 2021–2026 (‘000 UNITS)
                    TABLE 67 MARKET, BY VEHICLE TYPE, 2018–2020 (USD MILLION)
                    TABLE 68 MARKET, BY VEHICLE TYPE, 2021–2026 (USD MILLION)
    9.2 PASSENGER CAR
           9.2.1 STRINGENT SAFETY STANDARDS & STOPPING DISTANCE NORMS TO DRIVE THE SEGMENT
                    TABLE 69 PASSENGER CAR: MARKET, BY REGION, 2018–2020 (‘000 UNITS)
                    TABLE 70 PASSENGER CAR: MARKET, BY REGION, 2021–2026 (‘000 UNITS)
                    TABLE 71 PASSENGER CAR: MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 72 PASSENGER CAR: MARKET, BY REGION, 2021–2026 (USD MILLION)
    9.3 LCV (LIGHT COMMERCIAL VEHICLE)
           9.3.1 LOW COPPER CONTENT BRAKE FRICTION MATERIALS TO DRIVE THE SEGMENT
                    TABLE 73 LCV: MARKET, BY REGION, 2018–2020 (‘000 UNITS)
                    TABLE 74 LCV: MARKET, BY REGION, 2021–2026 (‘000 UNITS)
                    TABLE 75 LCV: MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 76 LCV: MARKET, BY REGION, 2021–2026 (USD MILLION)
    9.4 TRUCKS
           9.4.1 INCREASE IN PRODUCTION OF TRUCKS TO DRIVE THE SEGMENT
                    TABLE 77 TRUCKS: MARKET, BY REGION, 2018–2020 (‘000 UNITS)
                    TABLE 78 TRUCKS: MARKET, BY REGION, 2021–2026 (‘000 UNITS)
                    TABLE 79 TRUCKS: MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 80 TRUCKS: MARKET, BY REGION, 2021–2026 (USD MILLION)
    9.5 BUSES
           9.5.1 ADOPTION OF EFFICIENT BRAKE SYSTEMS TO DRIVE THE SEGMENT
                    TABLE 81 BUS: MARKET, BY REGION,  2018–2020 (‘000 UNITS)
                    TABLE 82 BUS: MARKET, BY REGION, 2021–2026 (‘000 UNITS)
                    TABLE 83 BUS: MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 84 BUS: MARKET, BY REGION, 2021–2026 (USD MILLION)

10 OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET, BY APPLICATION (Page No. - 115)
     10.1 INTRODUCTION
             10.1.1 RESEARCH METHODOLOGY
             10.1.2 ASSUMPTIONS
             10.1.3 INDUSTRY INSIGHTS
                       FIGURE 39 OFF-HIGHWAY EQUIPMENT BRAKE FRICTION MARKET, BY APPLICATION, 2021 VS. 2026 (USD MILLION)
                       TABLE 85 OFF-HIGHWAY EQUIPMENT BRAKE FRICTION MARKET, BY APPLICATION, 2018–2020 (‘000 UNITS)
                       TABLE 86 OFF-HIGHWAY EQUIPMENT BRAKE FRICTION MARKET, BY APPLICATION, 2021–2026 (‘000 UNITS)
                       TABLE 87 OFF-HIGHWAY BRAKE FRICTION MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                       TABLE 88 OFF-HIGHWAY EQUIPMENT BRAKE FRICTION MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
     10.2 AGRICULTURAL TRACTORS
             10.2.1 INCREASING DEMAND FOR WET-DISC BRAKES TO DRIVE THE SEGMENT
                       TABLE 89 AGRICULTURAL TRACTORS: MARKET, BY REGION, 2018–2020 (‘000 UNITS)
                       TABLE 90 AGRICULTURAL TRACTORS: MARKET, BY REGION, 2021–2026 (‘000 UNITS)
                       TABLE 91 AGRICULTURAL TRACTORS: MARKET, BY REGION, 2018–2020 (USD MILLION)
                       TABLE 92 AGRICULTURAL TRACTORS: MARKET, BY REGION, 2021–2026 (USD MILLION)
                       TABLE 93 AGRICULTURAL TRACTORS: BRAKE DISC MARKET, BY TYPE, 2018–2020 (‘000 UNITS)
                       TABLE 94 AGRICULTURAL TRACTORS: BRAKE DISC MARKET, BY TYPE, 2021–2026 (‘000 UNITS)
             10.2.2 DRY BRAKE DISC
                       TABLE 95 DRY BRAKE DISC MARKET, BY REGION, 2018–2020 (‘000 UNITS)
                       TABLE 96 DRY BRAKE DISC MARKET, BY REGION, 2021–2026 (‘000 UNITS)
             10.2.3 WET BRAKE DISC
                       TABLE 97 AGRICULTURAL TRACTORS: WET BRAKE DISC MARKET, BY REGION, 2018–2020 (‘000 UNITS)
                       TABLE 98 AGRICULTURAL TRACTORS: WET BRAKE DISC MARKET, BY REGION, 2021–2026 (‘000 UNITS)
     10.3 CONSTRUCTION EQUIPMENT
             10.3.1 INCREASING INFRASTRUCTURE DEVELOPMENTS TO DRIVE THE SEGMENT
                       TABLE 99 CONSTRUCTION EQUIPMENT: MARKET, BY REGION, 2018–2020 (‘000 UNITS)
                       TABLE 100 CONSTRUCTION EQUIPMENT: MARKET, BY REGION, 2021–2026 (‘000 UNITS)
                       TABLE 101 CONSTRUCTION EQUIPMENT: MARKET, BY REGION, 2018–2020 (USD MILLION)
                       TABLE 102 CONSTRUCTION EQUIPMENT: MARKET, BY REGION, 2021–2026 (USD MILLION)
                       TABLE 103 CONSTRUCTION EQUIPMENT: BRAKE DISC MARKET, BY TYPE, 2018–2020 (‘000 UNITS)
                       TABLE 104 CONSTRUCTION EQUIPMENT: BRAKE DISC MARKET, BY TYPE, 2021–2026 (‘000 UNITS)
             10.3.2 DRY BRAKE DISC
                       TABLE 105 CONSTRUCTION EQUIPMENT: DRY BRAKE DISC MARKET, BY REGION, 2018–2020 (‘000 UNITS)
                       TABLE 106 CONSTRUCTION EQUIPMENT: DRY BRAKE DISC MARKET, BY REGION, 2021–2026 (‘000 UNITS)
             10.3.3 WET BRAKE DISC
                       TABLE 107 CONSTRUCTION EQUIPMENT: WET BRAKE DISC MARKET, BY REGION, 2018–2020 (‘000 UNITS)
                       TABLE 108 CONSTRUCTION EQUIPMENT: WET BRAKE DISC MARKET, BY REGION, 2021–2026 (‘000 UNITS)

11 ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET, BY PRODUCT & VEHICLE TYPE (Page No. - 128)
     11.1 INTRODUCTION
             11.1.1 RESEARCH METHODOLOGY
             11.1.2 ASSUMPTIONS
             11.1.3 INDUSTRY INSIGHTS
                       FIGURE 40 ELECTRIC VEHICLE BRAKE FRICTION MARKET, BY VEHICLE TYPE, 2021 VS 2026 (USD MILLION)
                       TABLE 109 ELECTRIC VEHICLE BRAKE FRICTION MARKET, BY PRODUCT TYPE, 2018–2020 (‘000 UNITS)
                       TABLE 110 ELECTRIC VEHICLE BRAKE FRICTION MARKET, BY PRODUCT TYPE, 2021–2026 (‘000 UNITS)
                       TABLE 111 ELECTRIC VEHICLE BRAKE FRICTION MARKET, BY PRODUCT TYPE, 2018–2020 (USD MILLION)
                       TABLE 112 ELECTRIC VEHICLE BRAKE FRICTION MARKET, BY PRODUCT TYPE, 2021–2026 (USD MILLION)
                       TABLE 113 ELECTRIC VEHICLE BRAKE FRICTION MARKET, BY VEHICLE TYPE, 2018–2020 (‘000 UNITS)
                       TABLE 114 ELECTRIC VEHICLE BRAKE FRICTION MARKET, BY VEHICLE TYPE, 2021–2026 (‘000 UNITS)
                       TABLE 115 ELECTRIC VEHICLE BRAKE FRICTION MARKET, BY VEHICLE TYPE, 2018–2020 (USD MILLION)
                       TABLE 116 ELECTRIC VEHICLE BRAKE FRICTION MARKET, BY VEHICLE TYPE, 2021–2026 (USD MILLION)
     11.2 BATTERY ELECTRIC VEHICLE
             11.2.1 DEMAND FOR LIGHTWEIGHT FRICTION PRODUCTS TO DRIVE THE SEGMENT
                       TABLE 117 BEV: MARKET, BY REGION, 2018–2020 (‘000 UNITS)
                       TABLE 118 BEV: MARKET, BY REGION, 2021–2026 (‘000 UNITS)
                       TABLE 119 BEV: MARKET, BY REGION, 2018–2020 (USD MILLION)
                       TABLE 120 BEV: MARKET, BY REGION, 2021–2026 (USD MILLION)
     11.3 PLUG-IN HYBRID ELECTRIC VEHICLE
             11.3.1 DEMAND FOR LUXURY PASSENGER CARS WITH DISC BRAKES TO DRIVE THE SEGMENT
                       TABLE 121 PHEV: MARKET, BY REGION, 2018–2020 (‘000 UNITS)
                       TABLE 122 PHEV: MARKET, BY REGION, 2021–2026 (‘000 UNITS)
                       TABLE 123 PHEV: MARKET, BY REGION, 2018–2020 (USD MILLION)
                       TABLE 124 PHEV: MARKET, BY REGION, 2021–2026 (USD MILLION)

12 BRAKE FRICTION PRODUCTS AFTERMARKET, BY VEHICLE & PRODUCT TYPE (Page No. - 137)
     12.1 INTRODUCTION
             12.1.1 RESEARCH METHODOLOGY
             12.1.2 ASSUMPTIONS
             12.1.3 INDUSTRY INSIGHTS
                       FIGURE 41 BRAKE FRICTION PRODUCTS AFTERMARKET, BY VEHICLE TYPE, 2018 VS. 2025 (USD MILLION)
                       TABLE 125 BRAKE FRICTION PRODUCTS AFTERMARKET, BY VEHICLE TYPE, 2018–2020 (MILLION UNITS)
                       TABLE 126 BRAKE FRICTION PRODUCTS AFTERMARKET, BY VEHICLE TYPE, 2021–2026 (MILLION UNITS)
                       TABLE 127 BRAKE FRICTION PRODUCTS AFTERMARKET, BY VEHICLE TYPE, 2018–2020 (USD MILLION)
                       TABLE 128 BRAKE FRICTION PRODUCTS AFTERMARKET, BY VEHICLE TYPE, 2021–2026 (USD MILLION)
     12.2 PASSENGER CAR
             12.2.1 INCREASING AVERAGE MILES DRIVEN TO DRIVE THE SEGMENT
                       TABLE 129 PASSENGER CAR: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (MILLION UNITS)
                       TABLE 130 PASSENGER CAR: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (MILLION UNITS)
                       TABLE 131 PASSENGER CAR: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (USD MILLION)
                       TABLE 132 PASSENGER CAR: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (USD MILLION)
     12.3 LCV
             12.3.1 INCREASING ADOPTION OF DISC BRAKES IN LCVS TO DRIVE THE SEGMENT
                       TABLE 133 LCV: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (MILLION UNITS)
                       TABLE 134 LCV: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (MILLION UNITS)
                       TABLE 135 LCV: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (USD MILLION)
                       TABLE 136 LCV: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (USD MILLION)
     12.4 HCV
             12.4.1 HIGH MILES DRIVEN BY HCVS TO DRIVE THE SEGMENT
                       TABLE 137 HCV: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (MILLION UNITS)
                       TABLE 138 HCV: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (MILLION UNITS)
                       TABLE 139 HCV: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (USD MILLION)
                       TABLE 140 HCV: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (USD MILLION)

13 BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION (Page No. - 147)
     13.1 INTRODUCTION
             13.1.1 RESEARCH METHODOLOGY
             13.1.2 ASSUMPTIONS/LIMITATIONS
             13.1.3 INDUSTRY INSIGHTS
                       FIGURE 42 BRAKE FRICTION PRODUCTS AFTERMARKET, 2021–2026 (USD MILLION)
                       TABLE 141 BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION, 2018–2020 (MILLION UNITS)
                       TABLE 142 BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION, 2021–2026 (MILLION UNITS)
                       TABLE 143 BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION, 2018–2020 (USD MILLION)
                       TABLE 144 BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION, 2021–2026 (USD MILLION)
     13.2 ASIA OCEANIA
               FIGURE 43 ASIA OCEANIA: BRAKE FRICTION AFTERMARKET SNAPSHOT
               TABLE 145 ASIA OCEANIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2018–2020 (MILLION UNITS)
               TABLE 146 ASIA OCEANIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2021–2026 (MILLION UNITS)
               TABLE 147 ASIA OCEANIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2018–2020 (USD MILLION)
               TABLE 148 ASIA OCEANIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2021–2026 (USD MILLION)
             13.2.1 CHINA
                       13.2.1.1 Emission norms and regulations regarding stopping distance to drive the market
                                   TABLE 149 CHINA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (MILLION UNITS)
                                   TABLE 150 CHINA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (MILLION UNITS)
                                   TABLE 151 CHINA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (USD MILLION)
                                   TABLE 152 CHINA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (USD MILLION)
             13.2.2 JAPAN
                       13.2.2.1 Increase in sales of passenger cars and LCVs to drive the market
                                   TABLE 153 JAPAN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (MILLION UNITS)
                                   TABLE 154 JAPAN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (MILLION UNITS)
                                   TABLE 155 JAPAN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (USD MILLION)
                                   TABLE 156 JAPAN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (USD MILLION)
             13.2.3 SOUTH KOREA
                       13.2.3.1 Increasing average miles driven owing to improved life span of vehicles to drive the market
                                   TABLE 157 SOUTH KOREA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (MILLION UNITS)
                                   TABLE 158 SOUTH KOREA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (MILLION UNITS)
                                   TABLE 159 SOUTH KOREA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (USD MILLION)
                                   TABLE 160 SOUTH KOREA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (USD MILLION)
             13.2.4 INDIA
                       13.2.4.1 Increase vehicle parc and average miles driven to drive the market
                                   TABLE 161 INDIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (MILLION UNITS)
                                   TABLE 162 INDIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (MILLION UNITS)
                                   TABLE 163 INDIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (USD MILLION)
                                   TABLE 164 INDIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (USD MILLION)
     13.3 EUROPE
               FIGURE 44 EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY (USD MILLION)
               TABLE 165 EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2018–2020 (MILLION UNITS)
               TABLE 166 EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2021–2026 (MILLION UNITS)
               TABLE 167 EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2018–2020 (USD MILLION)
               TABLE 168 EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2021–2026 (USD MILLION)
             13.3.1 GERMANY
                       13.3.1.1 Increasing penetration of disc brakes in HCVs to drive the market
                                   TABLE 169 GERMANY: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (MILLION UNITS)
                                   TABLE 170 GERMANY: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (MILLION UNITS)
                                   TABLE 171 GERMANY: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (USD MILLION)
                                   TABLE 172 GERMANY: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (USD MILLION)
             13.3.2 FRANCE
                       13.3.2.1 Increasing penetration of disc brakes to drive the market
                                   TABLE 173 FRANCE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (MILLION UNITS)
                                   TABLE 174 FRANCE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (MILLION UNITS)
                                   TABLE 175 FRANCE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (USD MILLION)
                                   TABLE 176 FRANCE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (USD MILLION)
             13.3.3 UK
                       13.3.3.1 Increasing adoption of disc brakes in LCVs and HCVs to drive the market
                                   TABLE 177 UK: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (MILLION UNITS)
                                   TABLE 178 UK: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (MILLION UNITS)
                                   TABLE 179 UK: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (USD MILLION)
                                   TABLE 180 UK: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (USD MILLION)
             13.3.4 SPAIN
                       13.3.4.1 Advancements in brake systems to drive the market
                                   TABLE 181 SPAIN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (MILLION UNITS)
                                   TABLE 182 SPAIN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (MILLION UNITS)
                                   TABLE 183 SPAIN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (USD MILLION)
                                   TABLE 184 SPAIN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (USD MILLION)
     13.4 NORTH AMERICA
               FIGURE 45 NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET, SNAPSHOT
               TABLE 185 NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2018–2020 (MILLION UNITS)
               TABLE 186 NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2021–2026 (MILLION UNITS)
               TABLE 187 NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2018–2020 (USD MILLION)
               TABLE 188 NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2021–2026 (USD MILLION)
             13.4.1 US
                       13.4.1.1 Regulations to reduce stopping distance in commercial vehicles to drive the market
                                   TABLE 189 US: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (MILLION UNITS)
                                   TABLE 190 US: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (MILLION UNITS)
                                   TABLE 191 US: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (USD MILLION)
                                   TABLE 192 US: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (USD MILLION)
             13.4.2 MEXICO
                       13.4.2.1 Demand for asbestos-free brake pads to drive the market
                                   TABLE 193 MEXICO: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (MILLION UNITS)
                                   TABLE 194 MEXICO: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (MILLION UNITS)
                                   TABLE 195 MEXICO: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (USD MILLION)
                                   TABLE 196 MEXICO: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (USD MILLION)
             13.4.3 CANADA
                       13.4.3.1 OE recommended replacement miles for friction products to drive the market
                                   TABLE 197 CANADA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (MILLION UNITS)
                                   TABLE 198 CANADA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (MILLION UNITS)
                                   TABLE 199 CANADA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (USD MILLION)
                                   TABLE 200 CANADA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (USD MILLION)
     13.5 ROW
               FIGURE 46 ROW: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2021 VS. 2026 (USD MILLION)
               TABLE 201 ROW: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2018–2020 (MILLION UNITS)
               TABLE 202 ROW: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2021–2026 (MILLION UNITS)
               TABLE 203 ROW: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2018–2020 (USD MILLION)
               TABLE 204 ROW: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2021–2026 (USD MILLION)
             13.5.1 RUSSIA
                       13.5.1.1 Increasing adoption of disc brakes in LCVs to drive the market
                                   TABLE 205 RUSSIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (MILLION UNITS)
                                   TABLE 206 RUSSIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (MILLION UNITS)
                                   TABLE 207 RUSSIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (USD MILLION)
                                   TABLE 208 RUSSIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (USD MILLION)
             13.5.2 BRAZIL
                       13.5.2.1 Numerous OES and IAM players to drive the market
                                   TABLE 209 BRAZIL: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (MILLION UNITS)
                                   TABLE 210 BRAZIL: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (MILLION UNITS)
                                   TABLE 211 BRAZIL: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (USD MILLION)
                                   TABLE 212 BRAZIL: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (USD MILLION)

14 RECOMMENDATIONS BY MARKETSANDMARKETS (Page No. - 186)
     14.1 ASIA OCEANIA IS A POTENTIAL MARKET FOR BRAKE FRICTION PRODUCTS
     14.2 COMPANIES SHOULD FOCUS ON DISC BRAKES
     14.3 GROWING DEMAND FOR HYDRAULIC WET BRAKES IN AGRICULTURAL TRACTORS
     14.4 CONCLUSION

15 COMPETITIVE LANDSCAPE (Page No. - 188)
     15.1 OVERVIEW
     15.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
               TABLE 213 COMPANIES ADOPTED NEW PRODUCT DEVELOPMENT STRATEGY AS THE KEY GROWTH STRATEGY, 2019–2021
     15.3 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2018-2020
     15.4 MARKET SHARE ANALYSIS
               TABLE 214 MARKET SHARE, 2020
               FIGURE 47 BRAKE FRICTION PRODUCTS MARKET SHARE ANALYSIS, 2020
     15.5 COMPETITIVE LEADERSHIP MAPPING
             15.5.1 STAR
             15.5.2 EMERGING LEADER
             15.5.3 PERVASIVE
             15.5.4 PARTICIPANT
                       FIGURE 48 COMPETITIVE LEADERSHIP MAPPING: BRAKE FRICTION MANUFACTURERS
                       TABLE 215 BRAKE FRICTION MARKET: COMPANY FOOTPRINT
                       TABLE 216 COMPANY PRODUCT FOOTPRINT
                       TABLE 217 COMPANY REGION FOOTPRINT (20 COMPANIES)
     15.6 COMPETITIVE SCENARIO
     15.7 NEW PRODUCT LAUNCHES
               TABLE 218 NEW PRODUCT DEVELOPMENT, 2019-2021
     15.8 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, & JOINT VENTURES
               TABLE 219 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, & JOINT VENTURES, 2018-2021

16 COMPANY PROFILES (Page No. - 201)
     16.1 BRAKE FRICTION PRODUCT MANUFACTURERS – KEY PLAYERS
(Business overview, Products offered, Recent Developments, MNM view)*
             16.1.1 ROBERT BOSCH GMBH
                       TABLE 220 ROBERT BOSCH GMBH: BUSINESS OVERVIEW
                       FIGURE 49 ROBERT BOSCH GMBH: COMPANY SNAPSHOT
                       TABLE 221 ROBERT BOSCH GMBH.: PRODUCT LAUNCHES
                       TABLE 222 ROBERT BOSCH.: EXPANSION
             16.1.2 AISIN CORPORATION
                       TABLE 223 AISIN CORPORATION: BUSINESS OVERVIEW
                       FIGURE 50 AISIN CORPORATION: COMPANY SNAPSHOT
                       TABLE 224 PRODUCT OFFERINGS
                       TABLE 225 AISIN CORPORATION: EXPANSION
                       TABLE 226 AISIN CORPORATION- ACQUISITION
             16.1.3 NISSHINBO HOLDINGS INC.
                       TABLE 227 NISSHINBO HOLDINGS INC: BUSINESS OVERVIEW
                       FIGURE 51 NISSHINBO HOLDINGS INC.: COMPANY SNAPSHOT
                       TABLE 228 NISSHINBO HOLDINGS INC.: PRODUCT DEVELOPMENT
             16.1.4 BREMBO S.P.A
                       TABLE 229 BREMBO S.P.A: BUSINESS OVERVIEW
                       FIGURE 52 BREMBO S.P.A.: COMPANY SNAPSHOT
                       TABLE 230 BREMBO S.P.A .: EXPANSION
                       TABLE 231 BREMBO S.P.A.: PRODUCT LAUNCHES
                       TABLE 232 BREMBO S.P.A: DEALS
             16.1.5 TENNECO INC.
                       TABLE 233 TENNECO INC: BUSINESS OVERVIEW
                       FIGURE 53 TENNECO INC.: COMPANY SNAPSHOT
                       TABLE 234 TENNECO INC: PRODUCT DEVELOPMENT
                       TABLE 235 TENNECO INC: ACQUISITION
             16.1.6 AKEBONO BRAKE INDUSTRY CO., LTD.
                       TABLE 236 AKEBONO BRAKE INDUSTRY CO., LTD.: BUSINESS OVERVIEW
                       FIGURE 54 AKEBONO BRAKE INDUSTRY CO., LTD.: COMPANY SNAPSHOT
                       TABLE 237 AKEBONO BRAKE INDUSTRY CO., LTD.: PRODUCT DEVELOPMENT
                       TABLE 238 AKEBONO BRAKE INDUSTRY CO., LTD.: PRODUCT LAUNCHES
             16.1.7 ITT INC.
                       TABLE 239 ITT INC.: BUSINESS OVERVIEW
                       FIGURE 55 ITT INC.: COMPANY SNAPSHOT
                       TABLE 240 ITT INC.: EXPANSION
                       TABLE 241 ITT INC: PRODUCT DEVELOPMENT
             16.1.8 MIBA AG
                       TABLE 242 MIBA AG: BUSINESS OVERVIEW
                       FIGURE 56 MIBA AG.: COMPANY SNAPSHOT
                       TABLE 243 MIBA AG: EXPANSION
             16.1.9 SGL CARBON
                       TABLE 244 SGL CARBON: BUSINESS OVERVIEW
                       FIGURE 57 SGL CARBON.: COMPANY SNAPSHOT
                       TABLE 245 SGL CARBON: PRODUCT LAUNCH
             16.1.10 MERITOR, INC.
                       TABLE 246 MERITOR, INC.: BUSINESS OVERVIEW
                       FIGURE 58 MERITOR, INC.: COMPANY SNAPSHOT
                       TABLE 247 MERITOR, INC.: ACQUISITION
                       TABLE 248 MERITOR, INC.: PRODUCT LAUNCH
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
     16.2 BRAKE FRICTION PRODUCTS MARKET – ADDITIONAL PLAYERS
             16.2.1 CONTINENTAL AG
                       TABLE 249 CONTINENTAL AG: COMPANY OVERVIEW
             16.2.2 FTE AUTOMOTIVE
                       TABLE 250 FTE AUTOMOTIVE: COMPANY OVERVIEW
             16.2.3 BERINGER
                       TABLE 251 BERINGER: BUSINESS OVERVIEW
             16.2.4 ZF FRIEDRICHSHAFEN AG
                       TABLE 252 ZF FRIEDRICHSHAFEN AG: COMPANY OVERVIEW
             16.2.5 WUHAN YOUFIN AUTO PARTS CO., LTD.
                       TABLE 253 WUHAN YOUFIN AUTO PARTS CO., LTD.: BUSINESS OVERVIEW
             16.2.6 EBC BRAKES
                       TABLE 254 EBC BRAKES: BUSINESS OVERVIEW
             16.2.7 MANDO MANUFACTURING COMPANY
                       TABLE 255 MANDO CORPORATION: COMPANY OVERVIEW
             16.2.8 HITACHI ASTEMO LTD.
                       TABLE 256 HITACHI ASTEMO LTD.
             16.2.9 HALDEX AB
                       TABLE 257 HALDEX AB: COMPANY OVERVIEW
             16.2.10 CARDONE INDUSTRIES, INC.
                       TABLE 258 CARDONE INDUSTRIES, INC.: COMPANY OVERVIEW

17 APPENDIX (Page No. - 240)
     17.1 INSIGHTS OF INDUSTRY EXPERTS
     17.2 DISCUSSION GUIDE
     17.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     17.4 AVAILABLE CUSTOMIZATIONS
             17.4.1 OFF-HIGHWAY BRAKE FRICTION MARKET, BY PRODUCT TYPE, (COUNTRY LEVEL)
                       17.4.1.1 Construction Equipment: Brake friction market
                                   17.4.1.1.1 Brake Disc
                                   17.4.1.1.2 Brake Pad
                                   17.4.1.1.3 Brake Drum
                                   17.4.1.1.4 Brake Shoe
                                   17.4.1.1.5 Brake Liner
                       17.4.1.2 Agricultural Tractors: Brake friction market
                                   17.4.1.2.1 Brake Disc
                                   17.4.1.2.2 Brake Pad
                                   17.4.1.2.3 Brake Drum
                                   17.4.1.2.4 Brake Shoe
                                   17.4.1.2.5 Brake Liner
             17.4.2 BRAKE FRICTION OE MARKET, BY VEHICLE TYPE, (COUNTRY LEVEL)
                       17.4.2.1 Passenger Cars: Brake friction market
                                   17.4.2.1.1 Brake Disc
                                   17.4.2.1.2 Brake Pad
                                   17.4.2.1.3 Brake Drum
                                   17.4.2.1.4 Brake Shoe
                                   17.4.2.1.5 Brake Liner
                       17.4.2.2 LCV: Brake friction market
                                   17.4.2.2.1 Brake Disc
                                   17.4.2.2.2 Brake Pad
                                   17.4.2.2.3 Brake Drum
                                   17.4.2.2.4 Brake Shoe
                                   17.4.2.2.5 Brake Liner
                       17.4.2.3 BUS: Brake friction market
                                   17.4.2.3.1 Brake Disc
                                   17.4.2.3.2 Brake Pad
                                   17.4.2.3.3 Brake Drum
                                   17.4.2.3.4 Brake Shoe
                                   17.4.2.3.5 Brake Liner
                       17.4.2.4 Truck: Brake friction market
                                   17.4.2.4.1 Brake Disc
                                   17.4.2.4.2 Brake Pad
                                   17.4.2.4.3 Brake Drum
                                   17.4.2.4.4 Brake Shoe
                                   17.4.2.4.5 Brake Liner
             17.4.3 DETAILED ANALYSIS AND PROFILING OF ADDITIONAL MARKET PLAYERS
     17.5 RELATED REPORTS
     17.6 AUTHOR DETAILS

The study involved four major activities in estimating the current size of the brake friction products market—exhaustive secondary research collected information on the market, peer, and child markets. The next step was to validate these findings and assumptions and size them with industry experts across value chains through primary research. After that, market breakdown and data triangulation processes were used to estimate the market size of segments and subsegments using the top-down and bottom-up approaches.

Secondary Research

In the secondary research process, various secondary sources such as company annual reports/presentations, press releases, industry association publications [for example, International Organization of Motor Vehicle Manufacturers (OICA), National Highway Traffic Safety Administration (NHTSA), International Energy Association (IEA)], articles, directories, technical handbooks, trade websites, technical articles, and databases (for example, Marklines, and Factiva) have been used to identify and collect information useful for an extensive commercial study of the global brake friction products market.

Primary Research

Extensive primary research was conducted after understanding the brake friction products market scenario through secondary research. Several primary interviews were conducted with market experts from demand (OEMs) and supply (component manufacturers) across North America, Europe, Asia Pacific. Approximately 100% of primary interviews were conducted on demand and supply sides. Primary data was collected through questionnaires, emails, and telephonic interviews.

In the canvassing of primaries, various departments within organizations, such as sales, operations, and administration, were covered to provide a holistic viewpoint in this report. After interacting with industry experts, brief sessions with highly experienced independent consultants were also conducted to reinforce the findings from primaries. This and the in-house subject-matter experts’ opinions led to the conclusions described in the remainder of this report.

Brake Friction Products Market Size, and Share

Note: Company tiers are based on the value chain; the company's revenue is not considered.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the brake friction products market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

Brake Friction Products Market : Top-Down and Bottom-Up Approach

Brake Friction Products Market Top Down and Bottom Up Approach

Data Triangulation

After arriving at the overall market size, the market was split into several segments and subsegments using the market size estimation processes explained above. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Market Definition

Brake friction products decelerate a vehicle by converting the car's kinetic energy into heat energy through friction and dissipating heat to the surroundings. Technological advancements in brake systems and friction materials create safe vehicle models running at higher speeds. Brake friction products, including a drum, disc, liner, and brake shoe, generate friction to stop the vehicle and control its speed. The scope of the brake friction study considers the brake pads, liner, brake shoe, brake disc, and brake shim.

Stakeholders

  • Automotive OEMs
  • Brake friction products manufacturers
  • Associations, forums, and alliances related to automobiles
  • EV component suppliers
  • Raw material suppliers for brake friction products
  • Traders and distributors of brake friction products
  • Government agencies and policymakers

Report Objectives

  • To analyze and forecast the brake friction products market in terms of value (USD million) & Volume (million units) from 2024 to 2030
  • To segment the market by product type, vehicle type, liner type, material type, off-highway market, application and disc type, electric vehicle brake friction OE market, vehicle type, aftermarket by-products, vehicle type, and region
  • To segment and forecast the brake friction products OE market by value and volume based on the following:
    • Product type (brake discs, brake pads, drum brakes, brake shoes, shim, and brake liners)
    • Vehicle type (passenger cars, LCVs, trucks, and buses)
    • Liner Type (molded brake liners and woven brake liners)
    • Material Type (metallic brake discs, composite brake discs, and ceramic brake discs)
    • Disc Type (wet brake discs and dry brake discs)
    • Vehicle Type (battery electric vehicles and plug-in hybrid electric vehicles) at the regional level
    • Region (Asia Pacific, Europe, North America, and the Rest of the World)
  • To segment and forecast brake friction products Aftermarket
    • By-products (brake discs, brake pads, brake drums, brake shoes, brake liners) at the country level
    • Vehicle type (passenger cars, LCVs, and HCVs) at the regional level
  • To identify and analyze key drivers, challenges, restraints, and opportunities influencing the market growth
  • To strategically analyze the market for individual growth trends, prospects, and contributions to the total market
  • To study the following concerning the market
    • Value Chain Analysis
    • Ecosystem Analysis
    • Technology Analysis
    • Trade Analysis
    • Investment and Funding Scenario
    • Pricing Analysis 
    • Case Study Analysis
    • Patent Analysis
    • Regulatory Landscape
    • Key Stakeholders and Buying Criteria
  • To strategically profile the key players and comprehensively analyze their market share and core competencies
  • To analyze the opportunities for stakeholders and the competitive landscape for market leaders
  • To track and analyze competitive developments such as deals, product launches/developments, expansions, and other activities undertaken by the key industry participants

Available Customizations

With the given market data, MarketsandMarkets offers customizations based on the company’s needs.

  • Additional Company Profiles (up to 5 companies)
  • Detailed Analysis of the OFf-highway Brake friction market by product type (Country Level)
  • Detailed Analysis of the Brake friction OE market by vehicle type (Country Level)

Previous Versions of this Report

Brake Friction Market (OE & Aftermarket) by Type (Brake Disc, Pad, Drum, Shoe, Liner), Disc Type (Metallic, Composite, Ceramic), Liner Type (Molded, Woven), Vehicle Type (ICE, Electric, Hybrid, OHV), and Region - Global Forecast to 2025

Report Code AT 3214
Published in Apr, 2018, By MarketsandMarkets™

Brakes Market for Friction Products by OE (Brake Pad, Shoe, Liner, Disc, and Drum), Aftermarket (Pad, Shoe, and Liner), Market Type (OES and IAM), Vehicle Type (PC, LCV, and HCV), Two-Wheeler OE Market by Friction Products, and Region - Global Forecast to 2021

Report Code AT 3214
Published in Aug, 2016, By MarketsandMarkets™

Brakes Market for Friction Products by OE & Aftermarket (Brake Pads, Shoes, Lining, Rotor, Drum), Material type (Pads-Non Metallic, Semi-Metallic, Ceramic & Lining-Organic, Semi-Metallic & Synthetic) & Two-wheelers - Trends & Forecast to 2019

Report Code AT 3214
Published in Mar, 2015, By MarketsandMarkets™
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Growth opportunities and latent adjacency in Brake Friction Products Market

Amey

Nov, 2019

I want a comprehensive report about the whole brake pads, lining, shoe, drums, for all type of passenger car and all type of commercial car, and for plane and locomotive and other means of transportation that uses brake pads or other forms braking. .

Amey

Nov, 2019

I AM PARTICULARLY INTERESTED IN THE BREMBO COMPANY AND IN PORTER FIVE FORCES ANALYSIS. THANK YOU IN ADVANCE..

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