Automotive Brake Components Market Scope And Analysis

  • Report Code : TIPRE00013116
  • Category : Automotive and Transportation
  • No. of Pages : 150
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Automotive Brake Components Market Analysis 2021 to 2031

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Automotive Brake Components Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 4.5%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Product
  • Brake Pads and Shoe
  • Brake Disc
  • Brake Drum
  • Brake Caliper
  • Brake Line
  • Brake Cylinder
By Vehicle Type
  • Passenger Cars
  • Commercial Vehicles
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
  • Aisin Seiki Co Ltd Japan
  • Akebono Brake Corporation Japan
  • Mando Corporation South Korea
  • Hitachi Automotive Systems Ltd Japan
  • Automotive Brake Components Market News and Recent Developments

    The automotive brake components market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the automotive brake components market are listed below:

    • Meneta Group is pioneering in the international automotive industry by committing to fossil-free steel from SSAB for its global production of components and sealing materials, mainly for the automotive industry. From 2031, Meneta expects initial Scope 3 CO2 reductions of 5,500 to 6,000 tonnes, growing to approximately 60,000 tonnes in subsequent years when its global brake component and sealing and decoupling material productions fully incorporate fossil-free steel from SSAB. (Source: Meneta Group, Company Website, March 2023)

    Automotive Brake Components Market Report Coverage and Deliverables

    The “Automotive Brake Components Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Automotive brake components market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Automotive brake components market trends as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • Automotive brake components market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the automotive brake components market.
    • Detailed company profiles