The global market for Automotive Brakes and Clutches is estimated at US$28.7 Billion in 2023 and is projected to reach US$38.6 Billion by 2030, growing at a CAGR of 4.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The development of automotive brakes and clutches has been marked by continuous innovation aimed at improving performance, durability, and user experience. Anti-lock braking systems (ABS) and electronic stability control (ESC) have become standard features, enhancing safety by preventing wheel lock-up and maintaining vehicle control during emergencies. In the realm of clutches, the advent of automated manual transmissions (AMTs) and continuously variable transmissions (CVTs) has reduced the reliance on traditional clutch systems, integrating automated clutches for seamless operation. Furthermore, advancements in materials science have introduced ceramics and carbon composites in high-performance and racing applications, providing superior heat resistance and longevity compared to conventional materials. These innovations have not only enhanced the functionality of brakes and clutches but also contributed to the overall efficiency and safety of modern vehicles.
The development of automotive brakes and clutches has been marked by continuous innovation aimed at improving performance, durability, and user experience. Anti-lock braking systems (ABS) and electronic stability control (ESC) have become standard features, enhancing safety by preventing wheel lock-up and maintaining vehicle control during emergencies. In the realm of clutches, the advent of automated manual transmissions (AMTs) and continuously variable transmissions (CVTs) has reduced the reliance on traditional clutch systems, integrating automated clutches for seamless operation. Furthermore, advancements in materials science have introduced ceramics and carbon composites in high-performance and racing applications, providing superior heat resistance and longevity compared to conventional materials. These innovations have not only enhanced the functionality of brakes and clutches but also contributed to the overall efficiency and safety of modern vehicles.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the OEM Brakes and Clutches segment, which is expected to reach US$24.6 Billion by 2030 with a CAGR of a 4.5%. The Aftermarket Brakes and Clutches segment is also set to grow at 3.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $8.2 Billion in 2023, and China, forecasted to grow at an impressive 6.4% CAGR to reach $5.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Automotive Brakes and Clutches Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Automotive Brakes and Clutches Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Automotive Brakes and Clutches Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Advics Co. Ltd., Aisin Seiki Co. Ltd., Akebono Brake Industry Co. Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 69 Featured):
- Advics Co. Ltd.
- Aisin Seiki Co. Ltd.
- Akebono Brake Industry Co. Ltd.
- Bendix Commercial Vehicle Systems
- BorgWarner Inc.
- Brembo S.P.A
- Continental Automotive Systems (CAS)
- Dana Incorporated
- Exedy Corporation
- F.C.C. Co., Ltd.
- Knorr-Bremse AG
- Nisshinbo Brake Inc.
- Robert Bosch GmbH
- Schaeffler Technologies AG & Co. KG
- TRW Automotive
- Valeo SA
- ZF Japan Co. Ltd.
- ZF Sachs AG
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTAFRICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
Companies Mentioned
- Advics Co. Ltd.
- Aisin Seiki Co. Ltd.
- Akebono Brake Industry Co. Ltd.
- Bendix Commercial Vehicle Systems
- BorgWarner Inc.
- Brembo S.P.A
- Continental Automotive Systems (CAS)
- Dana Incorporated
- Exedy Corporation
- F.C.C. Co., Ltd.
- Knorr-Bremse AG
- Nisshinbo Brake Inc.
- Robert Bosch GmbH
- Schaeffler Technologies AG & Co. KG
- TRW Automotive
- Valeo SA
- ZF Japan Co. Ltd.
- ZF Sachs AG
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 393 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 28.7 Billion |
Forecasted Market Value ( USD | $ 38.6 Billion |
Compound Annual Growth Rate | 4.3% |
Regions Covered | Global |
No. of Companies Mentioned | 18 |