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According to our (Global Info Research) latest study, the global Brakes market size was valued at USD 12550 million in 2023 and is forecast to a readjusted size of USD 13960 million by 2030 with a CAGR of 1.5% during review period.
Brakes for friction product are a mechanical device that inhibits motion by absorbing energy from a moving system. It is used for slowing or stopping a moving vehicle, wheel, axle, or to prevent its motion, most often accomplished by means of friction.
Materials used in the production of friction are usually rough or textured in order to provide added friction and increase efficiency. Smooth surfaces are used to transport materials easily and with little friction, however adding texture to a surface increases the energy required to move over it, thus slowing a moving object more quickly. Heat-resistant materials are often utilized as the process of creating friction typically generates heat energy as a byproduct.
Currently, there are some companies in the world can produce brakes for friction products, mainly concentrate in USA, Europe and Japan. The main market players are Federal-Mogul, Aisin-Seiki, Robert Bosch, Brembo, Continental, Delphi Automotive, Nisshinbo and SGL Carbon AG, etc.
The Global Info Research report includes an overview of the development of the Brakes industry chain, the market status of Passenger Cars (Brake Pads, Brake Shoes), Commercial Cars (Brake Pads, Brake Shoes), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Brakes.
Regionally, the report analyzes the Brakes markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Brakes market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Brakes market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Brakes industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Brake Pads, Brake Shoes).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Brakes market.
Regional Analysis: The report involves examining the Brakes market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Brakes market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Brakes:
Company Analysis: Report covers individual Brakes manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Brakes This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Passenger Cars, Commercial Cars).
Technology Analysis: Report covers specific technologies relevant to Brakes. It assesses the current state, advancements, and potential future developments in Brakes areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Brakes market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Brakes market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Brake Pads
- Brake Shoes
- Brake Lining
- Brake Rotor
- Brake Drum
- Others
Market segment by Application
- Passenger Cars
- Commercial Cars
Major players covered
- Federal-Mogul
- Aisin-Seiki
- Robert Bosch
- Brembo
- Continental
- Delphi Automotive
- Nisshinbo
- SGL Carbon AG
- TRW
- Tenneco
- Akebono Brake Industry
- Bendix
- Sangsin
- Longji Machinery
- MIBA AG
- BPW
- Hongma
- Gold Phoenix
- Klasik
- Boyun
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Brakes product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Brakes, with price, sales, revenue and global market share of Brakes from 2019 to 2024.
Chapter 3, the Brakes competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Brakes breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Brakes market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Brakes.
Chapter 14 and 15, to describe Brakes sales channel, distributors, customers, research findings and conclusion.