February 7, 2023

$ 1.20 Bn growth expected in Global Automotive Brake Friction Materials Market during 2021-2025 | Production Shift to Low-cost Countries to be Major Trend

NEW YORK, May 24, 2021 /PRNewswire/ —

Technavio has announced its latest market research report titled Automotive Brake Friction Materials Market by Application and Geography – Forecast and Analysis 2021-2025

Technavio has been monitoring the automotive brake friction materials market and it is poised to grow by USD 1.20 billion during 2021-2025, progressing at a CAGR of over 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Frequently Asked Questions:

  • Based on segmentation by application, which is the leading segment in the market?
    Based on the application, the market saw maximum growth in the passenger cars segment in 2020.

  • What are the major trends in the market?
    The production shift to low-cost countries is one of the major trends in the market.

  • At what rate is the market projected to grow?
    The market is projected to grow at a CAGR of over 3% during the forecast period.

  • Who are the top players in the market?
    Aisin Corp, Akebono Brake Industry Co. Ltd., Brembo Spa, Continental AG, General Motors Co., Knorr Bremse AG, Nisshinbo Holdings Inc., Robert Bosch GmbH, Showa Denko Materials Co. Ltd., and ZF Friedrichshafen AG are the top players in the market.

  • What are the key market drivers and challenges?
    The market is driven by the easy availability of low-cost friction materials. However, a sharp decline in automobile production and sales might challenge growth.

  • How big is the APAC market?
    APAC dominated the market with a 60% share in 2020.

Related Reports on Consumer Discretionary Include:

Global Automotive Brake Linings Market – Global automotive brake linings market is segmented by application (passenger vehicles and commercial vehicles) and geography (APAC, Europe, North America, South America, and MEA).
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Global Automotive Brake Components Aftermarket – Global automotive brake components aftermarket is segmented by product (brake pads, brake shoes, brake calipers, brake rotors, brake drums, and brake hoses), geography (APAC, Europe, North America, MEA, and South America), and vehicle type (passenger cars and commercial vehicles).
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aisin Corp, Akebono Brake Industry Co. Ltd., Brembo Spa, Continental AG, General Motors Co., Knorr Bremse AG, Nisshinbo Holdings Inc., Robert Bosch GmbH, Showa Denko Materials Co. Ltd., and ZF Friedrichshafen AG are some of the major market participants. Although the easy availability of low-cost friction materials will offer immense growth opportunities, a sharp decline in automobile production and sales is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this automotive brake friction materials market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Automotive Brake Friction Materials Market 2021-2025: Segmentation

Automotive Brake Friction Materials Market is segmented as below:

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44214

Automotive Brake Friction Materials Market 2021-2025: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive brake friction materials market report covers the following areas:

  • Automotive Brake Friction Materials Market Size

  • Automotive Brake Friction Materials Market Trends

  • Automotive Brake Friction Materials Market Industry Analysis

This study identifies the production shift to low-cost countries as one of the prime trends driving the Automotive Brake Friction Materials Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Automotive Brake Friction Materials Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025

  • Detailed information on factors that will assist automotive brake friction materials market growth during the next five years

  • Estimation of the automotive brake friction materials market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the automotive brake friction materials market across APAC, Europe, North America, South America, and MEA

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of automotive brake friction materials market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

Five Forces Analysis

Market Segmentation by Application

  • Market segments

  • Comparison by Application

  • Passenger cars – Market size and forecast 2020-2025

  • LCVs – Market size and forecast 2020-2025

  • MCVs and HCVs – Market size and forecast 2020-2025

  • Market opportunity by Application

Customer landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • APAC – Market size and forecast 2020-2025

  • Europe – Market size and forecast 2020-2025

  • North America – Market size and forecast 2020-2025

  • South America – Market size and forecast 2020-2025

  • MEA – Market size and forecast 2020-2025

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Vendor landscape

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Aisin Corp

  • Akebono Brake Industry Co. Ltd.

  • Brembo Spa

  • Continental AG

  • General Motors Co.

  • Knorr Bremse AG

  • Nisshinbo Holdings Inc.

  • Robert Bosch GmbH

  • Showa Denko Materials Co. Ltd.

  • ZF Friedrichshafen AG

Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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