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Automotive Brake Linings Market Size, Share, Growth, Trends and

  • Market Scope

    The global automotive brake linings market is projected to expand in size at a rapid pace during the forecast period. The use of brake linings in SUVs, sales of four-wheelers, demand for off-highway vehicles, passenger safety in passenger and commercial vehicles, and low maintenance costs of upgrading the system are major drivers of the market. Technological strides in braking, rise in urbanization, and growing disposable income levels can bode well for the market.

    However, strict regulations pertaining to use of lightweight materials in brake linings can hinder market growth.

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    Automotive Brake Linings Market Overview:

    Automotive brake linings are braking systems employed for vehicle and consumer safety. They are materials attached to brake shoes with rivets and protects rotors from direct contact by creating friction to slow down the vehicle. The global automotive brake linings market report by Market Research Future (MRFR) provides estimations and projections for automotive manufacturers for the period of 2019 to 2025 (forecast period) while covering latest policies and norms on vehicle safety. The COVID-19 pandemic has also been included as a sizeable factor in the report.

    Segmentation

    The global automotive brake linings market is segmented on the basis of material, vehicle type, and sales channel.

    On the basis of material, the global market has been segmented into semi-asbestos, ceramic, and non-asbestos brake lining. The non-asbestos brake lining segment is expected to gain the lead in demand owing to health hazards posed by consumption of asbestos. Its organic nature and high performance in face of high speeds can drive the segment growth.

    On the basis of vehicle type, it has been divided into passenger cars and commercial vehicles. Passenger cars are expected to command a huge share of the market due to concerns of passenger safety and long life of brake pads and high strength.

    On the basis of sales channel, the global market has been divided into OEM and aftermarket. The OEM sales channel is expected to garner revenues for the market owing to trust in certain brands and concern of safety and security of passengers. The need for performance efficiency in brake systems and quality checks by component manufacturers can ensure the segment growth.

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    Regional Analysis

    Geographically, the global automotive brake linings market has been segmented into four major regions - North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW). APAC is estimated to hold the highest market share throughout the forecast period owing to growing production and sales of automobiles from China, Japan and India. Furthermore, it is also expected to witness the highest growth during the forecast period due to the growing disposable income from countries such as China and India, increasing population, rapid urbanization, and increasing focus on driver and vehicle safety.

    North America is likely to carve a huge share of the global automotive brake linings market owing to the resurgence of car production and the common mode of transportation for most passengers in the region.

    Automotive Brake Linings Market Competitive Outlook

    General Motors, AISIN SEIKI Co., Ltd, SGL Group, AKEBONO BRAKE INDUSTRY CO., LTD, Federal-Mogul, TMD FRICTION HOLDINGS GMBH, Meritor, Inc., Brembo S.p.A., Japan Brake Industrial Co., Ltd, and Continental AG are key players of the global automotive brake linings market.

    Table Of Contents:

    1. Executive Summary
    2. Scope Of The Report

    2.1. Market Definition

    2.2. Scope Of The Study

    2.2.1. Definition

    2.2.2. Research Objective

    2.2.3. Assumptions

    2.2.4. Limitations

    2.3. Research Process

    2.3.1. Primary Research

    2.3.2. Secondary Research

    2.4. Market Size Estimation

    2.5. Forecast Model

    1. Market Landscape

    3.1. Porter’s Five Forces Analysis

    3.1.1. Threat Of New Entrants

    3.1.2. Bargaining Power Of Buyers

    3.1.3. Threat Of Substitutes

    3.1.4. Segment Rivalry

    3.1.5. Bargaining Power Of Buyers

    3.2. Value Chain/Supply Chain Analysis

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    About Market Research Future:

    Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

    Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

    Contact Us:

    Market Research Future

    Office No. 524/528, Amanora Chambers

    Magarpatta Road, Hadapsar

    Pune - 411028

    Maharashtra, India

    +1 646 845 9312

    Email: sales@marketresearchfuture.com

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