Automotive Brake Friction Products Market Scope And Analysis

Report Code : TIPRE00028378
Category : Automotive and Transportation

No. of Pages : 150

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Automotive Brake Friction Products Market Scope, Analysis, and Trends by 2031

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Automotive Brake Friction Products Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 11,809.2 Million
Market Size by 2031	US$ 17,261.8 Million
Global CAGR (2023 - 2031)	4.9%
Historical Data	2021-2022
Forecast period	2023-2031
Segments Covered	By Disc Materials Metallic Ceramic Composite By Product Type Brake shoe Brake Pad Brake Liner Brake Disc Drum Brake By Vehicle Type Passenger Vehicle 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	ABS Friction Akebono Brake Industry Co Ltd Bendix Spicer Foundation Brake LLC Bosch Limited Carlisle Brake Friction Inc Delphi Auto Parts Japan Brake Industrial Co Ltd Aisin Corporation Miba AG Nisshinbo Brake Inc

Automotive Brake Friction Products Market News and Recent Developments

The automotive brake friction products 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 Friction Products Market are listed below:

TMD Friction, a leading global supplier of braking solutions, is accelerating its transformation focus towards a safer and more sustainable future of mobility. Building on its heritage of more than 110 years of premium OE experience as well as its 140 years of success as an industry leader, the company is now entering a new chapter in its history. After establishing its leading expertise in supplying braking products and solutions people can trust, the company is now developing a new, modern brand direction which includes focusing on business practices and solutions to minimise its environmental impact. (Source: Company Website, February 2024)
Tenneco’s Ferodo original equipment (OE) braking business has introduced advanced copper-free hybrid friction material composites that simultaneously serve braking performance and comfort requirements in both internal combustion engine (ICE) and electric vehicles (EVs). (Source: Press Release, July 2023)

Automotive Brake Friction Products Market Report Coverage and Deliverables

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

Automotive brake friction products market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Automotive brake friction products market trends as well as market dynamics such as drivers, restraints, and key opportunities
Detailed PEST and SWOT analysis
Automotive Brake Friction Products 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 for the automotive brake friction products market
Detailed company profiles