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The South African Brake Pad Market is forecast to surpass 525 million by 2025. The demand for brake pads in the country is arising from both OEM and aftermarket segments due to the presence of light vehicle production facility and expanding fleet of light vehicles in the country. Growing demand for efficient braking system at high speed to minimize the vehicle’s stopping distance to increase vehicle safety is also augmenting demand for brake pads. Implementation of technologically advanced smart braking products in light vehicles will also fuel the growth of brake pad market in the country over the course of next five years.Speak directly to the analyst to clarify any post sales queries you may have.
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The South African Brake Pad Market can be segmented based on vehicle type, by brake pad part number, and by company. In terms of vehicle type, passenger car segment accounted for the largest share in 2019 and the trend is expected to continue in the coming years due to increasing demand for high-speed passenger cars with efficient braking system and expanding passenger car fleet in South Africa. Safeline Brakes, ATE Brakes, Bosch Auto Parts, Alfa Brakes, Hi-Q (Sangsin), and Bendix (MAT Holdings) are some of the major leading players operating in the South African Brake Pad Market.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021-2025
The Objective of the Study:
- To analyze and forecast the South African Brake Pad Market size.
- To classify and forecast the South African Brake Pad Market based on vehicle type, by part number, by company.
- To identify drivers and challenges for the South African Brake Pad Market.
- To conduct the pricing analysis for the South African Brake Pad Market.
- To identify and analyze the profile of leading players operating in the South African Brake Pad Market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of brake pad players across South Africa. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include manufacturers which could not be identified due to the limitations of secondary research. The publisher analyzed product offerings, distribution channels and presence of all major manufacturers across South Africa.
The publisher calculated the South African Brake Pad Market size using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Brake pad manufacturers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances related to brake pad market
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the South African Brake Pad Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, by Vehicle Type:
- Passenger Car
- Light Commercial Vehicle
Market, by Part Number:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the South African Brake Pad Market.
Available Customizations:
With the given market data, the publisher offers customizations according to a client’s specific needs.
Table of Contents
1. Product Overview2. Research Methodology3. Analyst View4. Voice of Customer9. Market Trends & Developments11. Strategic Recommendations
5. South Africa Automotive Brake Pad Market Outlook
6. South Africa Passenger Car Brake Pad Market Outlook
7. South Africa LCV Brake Pad Market Outlook
8. Market Dynamics
10. Competitive Landscape
List of Figures
Companies Mentioned
- Safeline Brakes (G.U.D. Holdings)
- Alfred Teves Brake Systems (Pty) Ltd (Continental AG)
- Robert Bosch (Pty) Ltd
- Alfa Brakes ZA
- MAT Holdings, Inc. (Bendix)
- Tenneco Inc (Ferodo)
- Sangsin Brake Co., Ltd. (HI-Q)
- TRW Ltd Aftermarket (Road House)
- KBX Brakes
- Asimco Global Inc.