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Automotive Brake Components Aftermarket-Global Market Insights and Sales Trends 2024
Synopsis
Automotive Brake Components Aftermarket are highly preferred by customers due to their low costs and the availability of a number of options.
The global Automotive Brake Components Aftermarket market size is expected to reach US$ 47800 million by 2029, growing at a CAGR of 2.6% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Brake Components Aftermarket in various end use industries. The expanding demands from the Passenger Vehicles and Commercial Vehicles, are propelling Automotive Brake Components Aftermarket market. Brake Pads, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Brake Rotors segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Brake Components Aftermarket, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Brake Components Aftermarket market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Brake Components Aftermarket market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Brake Components Aftermarket sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Brake Components Aftermarket covered in this report include ZF Friedrichshafen, Brembo, Federal Mogul, Akebono, ADVICS, Eaton, TI Automotive, Dorman Products and Fras-le, etc.
The global Automotive Brake Components Aftermarket market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ZF Friedrichshafen
Brembo
Federal Mogul
Akebono
ADVICS
Eaton
TI Automotive
Dorman Products
Fras-le
Global Automotive Brake Components Aftermarket market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Brake Components Aftermarket market, Segment by Type:
Brake Pads
Brake Rotors
Brake Shoes
Brake Drums
Brake Calipers
Brake Hoses
Global Automotive Brake Components Aftermarket market, by Application
Passenger Vehicles
Commercial Vehicles
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Automotive Brake Components Aftermarket companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Automotive Brake Components Aftermarket are highly preferred by customers due to their low costs and the availability of a number of options.
The global Automotive Brake Components Aftermarket market size is expected to reach US$ 47800 million by 2029, growing at a CAGR of 2.6% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Brake Components Aftermarket in various end use industries. The expanding demands from the Passenger Vehicles and Commercial Vehicles, are propelling Automotive Brake Components Aftermarket market. Brake Pads, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Brake Rotors segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Brake Components Aftermarket, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Brake Components Aftermarket market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Brake Components Aftermarket market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Brake Components Aftermarket sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Brake Components Aftermarket covered in this report include ZF Friedrichshafen, Brembo, Federal Mogul, Akebono, ADVICS, Eaton, TI Automotive, Dorman Products and Fras-le, etc.
The global Automotive Brake Components Aftermarket market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ZF Friedrichshafen
Brembo
Federal Mogul
Akebono
ADVICS
Eaton
TI Automotive
Dorman Products
Fras-le
Global Automotive Brake Components Aftermarket market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Brake Components Aftermarket market, Segment by Type:
Brake Pads
Brake Rotors
Brake Shoes
Brake Drums
Brake Calipers
Brake Hoses
Global Automotive Brake Components Aftermarket market, by Application
Passenger Vehicles
Commercial Vehicles
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Automotive Brake Components Aftermarket companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Automotive Brake Components Aftermarket
1.1 Automotive Brake Components Aftermarket Market Overview
1.1.1 Automotive Brake Components Aftermarket Product Scope
1.1.2 Automotive Brake Components Aftermarket Market Status and Outlook
1.2 Global Automotive Brake Components Aftermarket Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Automotive Brake Components Aftermarket Market Size by Region (2018-2029)
1.4 Global Automotive Brake Components Aftermarket Historic Market Size by Region (2018-2023)
1.5 Global Automotive Brake Components Aftermarket Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Automotive Brake Components Aftermarket Market Size (2018-2029)
1.6.1 North America Automotive Brake Components Aftermarket Market Size (2018-2029)
1.6.2 Europe Automotive Brake Components Aftermarket Market Size (2018-2029)
1.6.3 Asia-Pacific Automotive Brake Components Aftermarket Market Size (2018-2029)
1.6.4 Latin America Automotive Brake Components Aftermarket Market Size (2018-2029)
1.6.5 Middle East & Africa Automotive Brake Components Aftermarket Market Size (2018-2029)
2 Automotive Brake Components Aftermarket Market by Type
2.1 Introduction
2.1.1 Brake Pads
2.1.2 Brake Rotors
2.1.3 Brake Shoes
2.1.4 Brake Drums
2.1.5 Brake Calipers
2.1.6 Brake Hoses
2.2 Global Automotive Brake Components Aftermarket Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Automotive Brake Components Aftermarket Historic Market Size by Type (2018-2023)
2.2.2 Global Automotive Brake Components Aftermarket Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Automotive Brake Components Aftermarket Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Automotive Brake Components Aftermarket Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Automotive Brake Components Aftermarket Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Automotive Brake Components Aftermarket Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Automotive Brake Components Aftermarket Revenue Breakdown by Type (2018-2029)
3 Automotive Brake Components Aftermarket Market Overview by Application
3.1 Introduction
3.1.1 Passenger Vehicles
3.1.2 Commercial Vehicles
3.2 Global Automotive Brake Components Aftermarket Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Automotive Brake Components Aftermarket Historic Market Size by Application (2018-2023)
3.2.2 Global Automotive Brake Components Aftermarket Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Automotive Brake Components Aftermarket Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Automotive Brake Components Aftermarket Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Automotive Brake Components Aftermarket Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Automotive Brake Components Aftermarket Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Automotive Brake Components Aftermarket Revenue Breakdown by Application (2018-2029)
4 Automotive Brake Components Aftermarket Competition Analysis by Players
4.1 Global Automotive Brake Components Aftermarket Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Brake Components Aftermarket as of 2022)
4.3 Date of Key Players Enter into Automotive Brake Components Aftermarket Market
4.4 Global Top Players Automotive Brake Components Aftermarket Headquarters and Area Served
4.5 Key Players Automotive Brake Components Aftermarket Product Solution and Service
4.6 Competitive Status
4.6.1 Automotive Brake Components Aftermarket Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 ZF Friedrichshafen
5.1.1 ZF Friedrichshafen Profile
5.1.2 ZF Friedrichshafen Main Business
5.1.3 ZF Friedrichshafen Automotive Brake Components Aftermarket Products, Services and Solutions
5.1.4 ZF Friedrichshafen Automotive Brake Components Aftermarket Revenue (US$ Million) & (2018-2023)
5.1.5 ZF Friedrichshafen Recent Developments
5.2 Brembo
5.2.1 Brembo Profile
5.2.2 Brembo Main Business
5.2.3 Brembo Automotive Brake Components Aftermarket Products, Services and Solutions
5.2.4 Brembo Automotive Brake Components Aftermarket Revenue (US$ Million) & (2018-2023)
5.2.5 Brembo Recent Developments
5.3 Federal Mogul
5.3.1 Federal Mogul Profile
5.3.2 Federal Mogul Main Business
5.3.3 Federal Mogul Automotive Brake Components Aftermarket Products, Services and Solutions
5.3.4 Federal Mogul Automotive Brake Components Aftermarket Revenue (US$ Million) & (2018-2023)
5.3.5 Akebono Recent Developments
5.4 Akebono
5.4.1 Akebono Profile
5.4.2 Akebono Main Business
5.4.3 Akebono Automotive Brake Components Aftermarket Products, Services and Solutions
5.4.4 Akebono Automotive Brake Components Aftermarket Revenue (US$ Million) & (2018-2023)
5.4.5 Akebono Recent Developments
5.5 ADVICS
5.5.1 ADVICS Profile
5.5.2 ADVICS Main Business
5.5.3 ADVICS Automotive Brake Components Aftermarket Products, Services and Solutions
5.5.4 ADVICS Automotive Brake Components Aftermarket Revenue (US$ Million) & (2018-2023)
5.5.5 ADVICS Recent Developments
5.6 Eaton
5.6.1 Eaton Profile
5.6.2 Eaton Main Business
5.6.3 Eaton Automotive Brake Components Aftermarket Products, Services and Solutions
5.6.4 Eaton Automotive Brake Components Aftermarket Revenue (US$ Million) & (2018-2023)
5.6.5 Eaton Recent Developments
5.7 TI Automotive
5.7.1 TI Automotive Profile
5.7.2 TI Automotive Main Business
5.7.3 TI Automotive Automotive Brake Components Aftermarket Products, Services and Solutions
5.7.4 TI Automotive Automotive Brake Components Aftermarket Revenue (US$ Million) & (2018-2023)
5.7.5 TI Automotive Recent Developments
5.8 Dorman Products
5.8.1 Dorman Products Profile
5.8.2 Dorman Products Main Business
5.8.3 Dorman Products Automotive Brake Components Aftermarket Products, Services and Solutions
5.8.4 Dorman Products Automotive Brake Components Aftermarket Revenue (US$ Million) & (2018-2023)
5.8.5 Dorman Products Recent Developments
5.9 Fras-le
5.9.1 Fras-le Profile
5.9.2 Fras-le Main Business
5.9.3 Fras-le Automotive Brake Components Aftermarket Products, Services and Solutions
5.9.4 Fras-le Automotive Brake Components Aftermarket Revenue (US$ Million) & (2018-2023)
5.9.5 Fras-le Recent Developments
6 North America
6.1 North America Automotive Brake Components Aftermarket Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Automotive Brake Components Aftermarket Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Automotive Brake Components Aftermarket Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Automotive Brake Components Aftermarket Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Automotive Brake Components Aftermarket Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Automotive Brake Components Aftermarket Market Dynamics
11.1 Automotive Brake Components Aftermarket Industry Trends
11.2 Automotive Brake Components Aftermarket Market Drivers
11.3 Automotive Brake Components Aftermarket Market Challenges
11.4 Automotive Brake Components Aftermarket Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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