Global Automotive Brake Linings Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Material Type;

Asbestos Based Automotive Brake Linings, and Non- Asbestos Based Automotive Brake Linings.

By Sales Channel;

Original Equipment Manufacturer (OEM), and Aftermarket.

By Vehicle Type;

Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, and Electric Vehicles.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn301180608 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Automotive Brake Linings Market (USD Million), 2020 - 2030

In the year 2023, the Global Automotive Brake Linings Market was valued at USD 1,252.29 million. The size of this market is expected to increase to USD 1,519.34 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 2.8%.

The global automotive brake linings market stands as a critical component within the automotive industry, playing a pivotal role in ensuring vehicle safety and performance. As vehicles continue to evolve technologically and environmentally, the demand for advanced brake lining materials has surged. This market encompasses a diverse array of products, ranging from traditional friction materials like asbestos to modern, high-performance alternatives such as ceramic and carbon composites. With the increasing emphasis on vehicle safety standards and regulations worldwide, manufacturers within this market are continually innovating to meet stringent requirements while enhancing braking efficiency and durability.

The automotive brake linings market has witnessed significant transformations driven by several factors. Environmental concerns and regulatory mandates have led to the phasing out of asbestos-based brake linings in favor of eco-friendly alternatives. This shift has propelled the development of materials that offer superior performance characteristics while minimizing environmental impact. Furthermore, advancements in vehicle electrification and autonomous driving technologies have prompted brake lining manufacturers to adapt their offerings to suit the unique requirements of electric and autonomous vehicles, such as regenerative braking systems and enhanced thermal stability.

The geographical landscape of the global automotive brake linings market exhibits varying trends and dynamics. Emerging economies in regions like Asia Pacific are experiencing rapid urbanization and industrialization, leading to increased vehicle production and sales. Consequently, there's a growing demand for automotive brake linings in these regions, driving market expansion and technological innovation. Meanwhile, established automotive markets in North America and Europe are witnessing a shift towards electric vehicles, necessitating brake lining solutions tailored to the specific needs of electric propulsion systems. Overall, the global automotive brake linings market is characterized by dynamic regulatory landscapes, technological advancements, and evolving consumer preferences, shaping the trajectory of the industry in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material Type
    2. Market Snapshot, By Sales Channel
    3. Market Snapshot, By Vehicle Type
    4. Market Snapshot, By Region
  4. Global Automotive Brake Linings Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rise in automotive production
        2. An increase in vehicle fleet on the road
        3. Frequent vehicle recalls due to brake-related issues
        4. Increasing Vehicle Production and Sales
      2. Restraints
        1. Intense Competition and Price Pressures
        2. Environmental Regulations and Health Concerns
        3. Shift Towards Electric Vehicles (EVs)
      3. Opportunities
        1. Expansion of Electric Vehicle Market
        2. Focus on Environmental Sustainability
        3. Focus on Lightweight and High-Performance Materials
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Brake Linings Market, By Material Type, 2020 - 2030 (USD Million)
      1. Asbestos Based Automotive Brake Linings
      2. Non- Asbestos Based Automotive Brake Linings
    2. Global Automotive Brake Linings Market, By Sales Channel, 2020 - 2030 (USD Million)
      1. Original Equipment Manufacturer (OEM)
      2. Aftermarket
    3. Global Automotive Brake Linings Market, By Vehicle Type, 2020 - 2030 (USD Million)
      1. Passenger Cars
      2. Light Commercial Vehicles
      3. Heavy Commercial Vehicles
      4. Electric Vehicles
    4. Global Automotive Brake Linings Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Federal-Mogul Corporation
      2. ASK Automotive Pvt. Ltd
      3. Nisshinbo Holdings Inc
      4. SGL Group
      5. Miba AG
      6. Akebono Brake Industries
      7. Brembo S.p.A.
      8. Continental AG
      9. General Motors
      10. Haldex AB
      11. Rane Holdings Ltd
  7. Analyst Views
  8. Future Outlook of the Market

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