Automotive Backing Plate Market Scope And Analysis

  • Report Code : TIPRE00028379
  • Category : Automotive and Transportation
  • Status : Published
  • No. of Pages : 153
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Automotive Backing Plate Market Scope and Analysis Report by 2028

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Automotive Backing Plate Market Report Automotive Backing Plate Market Size and Share Automotive Backing Plate Market Scope and Analysis

Automotive Backing Plate Market Report Scope

Report Attribute Details
Market size in 2021 US$ 590.61 Million
Market Size by 2028 US$ 771.30 Million
Global CAGR (2021 - 2028) 3.9%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Brake Types
  • Disc Brake and Drum Brake
By Brake Material Type
  • Aluminium
  • Iron
By Vehicle Type
  • Passenger Cars
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Super Circle
  • NUCAP
  • MAT Foundry Group Ltd
  • INDUS Marmara Auto Components Pvt Ltd
  • Dorman Products
  • Ridex GMBH
  • ORTLINGHAUS WERKE GmbH
  • Sparex
  • RSB Tech Solution

    • Vehicle Type Segment Insights

    Based on vehicle type, the automotive backing plate market is segmented into passenger cars, light commercial vehicle, and heavy commercial vehicle. Passenger cars have two brake pads and one rotor per wheel. The user can clearly see the dark wear particles on the car rims in European cars. In North America and Asia, a different brake pad formulation is used. The non-asbestos organic (NAO) brake pads are less abrasive and cause less rotor wear. Passenger cars are fitted with brake pads that meet the high requirements of car manufacturers for comfort, durability, and performance. Hybrid and electric cars use regenerative brake systems. Traditional brakes are not applied as frequently using these braking systems in daily traffic, thus decreasing the replacement rate. This will lead to the growth of the automotive backing plate market during the forecast period.

    The automotive backing plate market players focus on new product innovations and developments by integrating advanced technologies and features to compete with the competitors. In March 2022, Dorman Products announced 250 new auto parts including more than ~100 new aftermarkets for a wide range of cars and trucks.

    Based on brake type, the global automotive backing plate market is bifurcated into disc brake and drum brake. Based on brake material type, the automotive backing plate market is segmented into aluminium, iron, and others. Based on vehicle type, the automotive backing plate market is segmented into passenger cars, light commercial vehicle, and heavy commercial vehicle. By geography, the global automotive backing plate market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

    Company Profiles

    • Super Circle
    • NUCAP
    • MAT Foundry Group Ltd.
    • INDUS Marmara Auto Components Pvt Ltd.
    • Dorman Products
    • Ridex GMBH
    • ORTLINGHAUS-WERKE GmbH
    • Sparex
    • RSB Tech Solution
    • ACDelco