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The friction products market is forecasted to grow by USD 8.68 billion during 2023-2028, accelerating at a CAGR of 5.69% during the forecast period. The report on the friction products market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by aging fleet of automobiles, increasing procurement of new aircraft, and improvements in friction material performance.
The friction products market is segmented as below:
By Product
- Automotive
- Industrial
- Aerospace
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the friction products market covers the following areas:
- Friction products market sizing
- Friction products market forecast
- Friction products market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global friction products market: ABS Friction Inc., AISIN CORP., Akebono Brake Industry Co. Ltd., ANAND Group, ASK Automotive Ltd., Brembo Spa, BREMSKERL REIBBELAGWERKE Emmerling GmbH and Co. KG, Carlisle Companies Inc., EBC Brakes, General Metals Powder Co. LLC, Hindustan Composites Ltd., Honeywell International Inc., Icer Brakes SA, ITT Inc., Knorr Bremse AG, LUMAG Sp. z o.o., Miba AG, Nisshinbo Holdings Inc., Robert Bosch GmbH, and Tenneco Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is development of high-performance adaptive braking systems."
According to the report, one of the major drivers for this market is the aging fleet of automobiles.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABS Friction Inc.
- AISIN CORP.
- Akebono Brake Industry Co. Ltd.
- ANAND Group
- ASK Automotive Ltd.
- Brembo Spa
- BREMSKERL REIBBELAGWERKE Emmerling GmbH and Co. KG
- Carlisle Companies Inc.
- EBC Brakes
- General Metals Powder Co. LLC
- Hindustan Composites Ltd.
- Honeywell International Inc.
- Icer Brakes SA
- ITT Inc.
- Knorr Bremse AG
- LUMAG Sp. z o.o.
- Miba AG
- Nisshinbo Holdings Inc.
- Robert Bosch GmbH
- Tenneco Inc.
