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The automotive brake pad market is forecasted to grow by USD 8.36 billion during 2023-2028, accelerating at a CAGR of 9.4% during the forecast period. The report on the automotive brake pad 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 rising number of product launches, increasing demand for safety measures to reduce accidental injuries, and rising demand for ceramic braking pads in evs.
The automotive brake pad market is segmented as below:
By Type
- Organic
- Metallic
- Ceramic
By Vehicle Type
- Passenger car
- Commercial vehicle
- Motorcycle
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the automotive brake pad market covers the following areas:
- Automotive brake pad market sizing
- Automotive brake pad market forecast
- Automotive brake pad 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 Type
7 Market Segmentation by Vehicle Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global automotive brake pad market: AISIN CORP., Akebono Brake Industry Co. Ltd., Allied Nippon Pvt. Ltd., ALSTOM SA, Amotiv Ltd., BorgWarner Inc., Brembo Spa, First Brands Group, EBC Brakes, General Motors Co., Hindustan Composites Ltd., Nisshinbo Holdings Inc., PowerStop LLC., Robert Bosch GmbH, SANGSIN BRAKE Co., Schaeffler AG, Stanley Black and Decker Inc., Steinhof Sp. z o. o. Sp. K., Tenneco Inc., and ZF Friedrichshafen AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing mergers and acquisitions."
According to the report, one of the major drivers for this market is the rising number of product launches.
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:
- AISIN CORP.
- Akebono Brake Industry Co. Ltd.
- Allied Nippon Pvt. Ltd.
- ALSTOM SA
- Amotiv Ltd.
- BorgWarner Inc.
- Brembo Spa
- First Brands Group
- EBC Brakes
- General Motors Co.
- Hindustan Composites Ltd.
- Nisshinbo Holdings Inc.
- PowerStop LLC.
- Robert Bosch GmbH
- SANGSIN BRAKE Co.
- Schaeffler AG
- Stanley Black and Decker Inc.
- Steinhof Sp. z o. o. Sp. K.
- Tenneco Inc.
- ZF Friedrichshafen AG
