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Automotive Brake-Global Market Insights and Sales Trends 2024
Synopsis
A typical automotive brake system or braking system comprises of a brake device having different components, which are used for slowing or stopping down a vehicle. More precisely, these devices decrease or stop the speed of a moving or rotating body by absorbing kinetic energy mechanically or electrically.
The global Automotive Brake market size is expected to reach US$ 9304.9 million by 2029, growing at a CAGR of 2.4% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Brake in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehicle, are propelling Automotive Brake market. Disc Brakes, 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 Drum Brakes 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 manufacturers, 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, 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 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 market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Brake 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 covered in this report include ZF, Aisin, Akebono Brake Industry, CBI, Continental, Nissin Kogyo, Mando, APG and Knorr-Bremse, etc.
The global Automotive Brake market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ZF
Aisin
Akebono Brake Industry
CBI
Continental
Nissin Kogyo
Mando
APG
Knorr-Bremse
Wabco
XinYi
Shandong Aoyou
Global Automotive Brake 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 market, Segment by Type:
Disc Brakes
Drum Brakes
Global Automotive Brake market, by Application
Passenger Vehicle
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Brake manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Brake in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A typical automotive brake system or braking system comprises of a brake device having different components, which are used for slowing or stopping down a vehicle. More precisely, these devices decrease or stop the speed of a moving or rotating body by absorbing kinetic energy mechanically or electrically.
The global Automotive Brake market size is expected to reach US$ 9304.9 million by 2029, growing at a CAGR of 2.4% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Brake in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehicle, are propelling Automotive Brake market. Disc Brakes, 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 Drum Brakes 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 manufacturers, 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, 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 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 market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Brake 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 covered in this report include ZF, Aisin, Akebono Brake Industry, CBI, Continental, Nissin Kogyo, Mando, APG and Knorr-Bremse, etc.
The global Automotive Brake market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ZF
Aisin
Akebono Brake Industry
CBI
Continental
Nissin Kogyo
Mando
APG
Knorr-Bremse
Wabco
XinYi
Shandong Aoyou
Global Automotive Brake 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 market, Segment by Type:
Disc Brakes
Drum Brakes
Global Automotive Brake market, by Application
Passenger Vehicle
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Brake manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Brake in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Automotive Brake Market Overview
1.1 Automotive Brake Product Overview
1.2 Automotive Brake Market Segment by Type
1.2.1 Disc Brakes
1.2.2 Drum Brakes
1.3 Global Automotive Brake Market Size by Type
1.3.1 Global Automotive Brake Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Brake Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Brake Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Brake Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Brake Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Brake Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Brake Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Brake Sales Breakdown by Type (2018-2023)
2 Global Automotive Brake Market Competition by Company
2.1 Global Top Players by Automotive Brake Sales (2018-2023)
2.2 Global Top Players by Automotive Brake Revenue (2018-2023)
2.3 Global Top Players by Automotive Brake Price (2018-2023)
2.4 Global Top Manufacturers Automotive Brake Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Brake Market Competitive Situation and Trends
2.5.1 Automotive Brake Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Brake Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Brake as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Brake Market
2.8 Key Manufacturers Automotive Brake Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Brake Status and Outlook by Region
3.1 Global Automotive Brake Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Brake Historic Market Size by Region
3.2.1 Global Automotive Brake Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Brake Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Brake Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Brake Forecasted Market Size by Region
3.3.1 Global Automotive Brake Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Brake Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Brake Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Brake by Application
4.1 Automotive Brake Market Segment by Application
4.1.1 Passenger Vehicle
4.1.2 Commercial Vehicle
4.2 Global Automotive Brake Market Size by Application
4.2.1 Global Automotive Brake Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Brake Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Brake Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Brake Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Brake Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Brake Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Brake Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Brake Sales Breakdown by Application (2018-2023)
5 North America Automotive Brake by Country
5.1 North America Automotive Brake Historic Market Size by Country
5.1.1 North America Automotive Brake Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Brake Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Brake Sales in Value by Country (2018-2023)
5.2 North America Automotive Brake Forecasted Market Size by Country
5.2.1 North America Automotive Brake Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Brake Sales in Value by Country (2024-2029)
6 Europe Automotive Brake by Country
6.1 Europe Automotive Brake Historic Market Size by Country
6.1.1 Europe Automotive Brake Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Brake Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Brake Sales in Value by Country (2018-2023)
6.2 Europe Automotive Brake Forecasted Market Size by Country
6.2.1 Europe Automotive Brake Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Brake Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Brake by Region
7.1 Asia-Pacific Automotive Brake Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Brake Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Brake Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Brake Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Brake Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Brake Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Brake Sales in Value by Region (2024-2029)
8 Latin America Automotive Brake by Country
8.1 Latin America Automotive Brake Historic Market Size by Country
8.1.1 Latin America Automotive Brake Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Brake Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Brake Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Brake Forecasted Market Size by Country
8.2.1 Latin America Automotive Brake Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Brake Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Brake by Country
9.1 Middle East and Africa Automotive Brake Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Brake Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Brake Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Brake Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Brake Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Brake Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Brake Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ZF
10.1.1 ZF Company Information
10.1.2 ZF Introduction and Business Overview
10.1.3 ZF Automotive Brake Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ZF Automotive Brake Products Offered
10.1.5 ZF Recent Development
10.2 Aisin
10.2.1 Aisin Company Information
10.2.2 Aisin Introduction and Business Overview
10.2.3 Aisin Automotive Brake Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Aisin Automotive Brake Products Offered
10.2.5 Aisin Recent Development
10.3 Akebono Brake Industry
10.3.1 Akebono Brake Industry Company Information
10.3.2 Akebono Brake Industry Introduction and Business Overview
10.3.3 Akebono Brake Industry Automotive Brake Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Akebono Brake Industry Automotive Brake Products Offered
10.3.5 Akebono Brake Industry Recent Development
10.4 CBI
10.4.1 CBI Company Information
10.4.2 CBI Introduction and Business Overview
10.4.3 CBI Automotive Brake Sales, Revenue and Gross Margin (2018-2023)
10.4.4 CBI Automotive Brake Products Offered
10.4.5 CBI Recent Development
10.5 Continental
10.5.1 Continental Company Information
10.5.2 Continental Introduction and Business Overview
10.5.3 Continental Automotive Brake Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Continental Automotive Brake Products Offered
10.5.5 Continental Recent Development
10.6 Nissin Kogyo
10.6.1 Nissin Kogyo Company Information
10.6.2 Nissin Kogyo Introduction and Business Overview
10.6.3 Nissin Kogyo Automotive Brake Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Nissin Kogyo Automotive Brake Products Offered
10.6.5 Nissin Kogyo Recent Development
10.7 Mando
10.7.1 Mando Company Information
10.7.2 Mando Introduction and Business Overview
10.7.3 Mando Automotive Brake Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Mando Automotive Brake Products Offered
10.7.5 Mando Recent Development
10.8 APG
10.8.1 APG Company Information
10.8.2 APG Introduction and Business Overview
10.8.3 APG Automotive Brake Sales, Revenue and Gross Margin (2018-2023)
10.8.4 APG Automotive Brake Products Offered
10.8.5 APG Recent Development
10.9 Knorr-Bremse
10.9.1 Knorr-Bremse Company Information
10.9.2 Knorr-Bremse Introduction and Business Overview
10.9.3 Knorr-Bremse Automotive Brake Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Knorr-Bremse Automotive Brake Products Offered
10.9.5 Knorr-Bremse Recent Development
10.10 Wabco
10.10.1 Wabco Company Information
10.10.2 Wabco Introduction and Business Overview
10.10.3 Wabco Automotive Brake Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Wabco Automotive Brake Products Offered
10.10.5 Wabco Recent Development
10.11 XinYi
10.11.1 XinYi Company Information
10.11.2 XinYi Introduction and Business Overview
10.11.3 XinYi Automotive Brake Sales, Revenue and Gross Margin (2018-2023)
10.11.4 XinYi Automotive Brake Products Offered
10.11.5 XinYi Recent Development
10.12 Shandong Aoyou
10.12.1 Shandong Aoyou Company Information
10.12.2 Shandong Aoyou Introduction and Business Overview
10.12.3 Shandong Aoyou Automotive Brake Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Shandong Aoyou Automotive Brake Products Offered
10.12.5 Shandong Aoyou Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Brake Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive Brake Industrial Chain Analysis
11.4 Automotive Brake Market Dynamics
11.4.1 Automotive Brake Industry Trends
11.4.2 Automotive Brake Market Drivers
11.4.3 Automotive Brake Market Challenges
11.4.4 Automotive Brake Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Brake Distributors
12.3 Automotive Brake Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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