Automotive Brake Pad Market Scope and Key Players Analysis by 2031
Automotive Brake Pad Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 2,821.77 Million |
Market Size by 2031 | US$ 4,034.09 Million |
Global CAGR (2023 - 2031) | 4.6% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Vehicle Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Automotive Brake Pad Market News and Recent Developments
The automotive brake pad 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 Pad Market are listed below:
- Delphi announces the launch of its new range of BEV brake pads dedicated to the specific needs of BEV applications. Based on detailed comparisons, this range is amongst the most comprehensive in the world today covering the most popular models in the independent aftermarket. Vehicles include the Nissan Leaf and Tesla Model S/Model 3, in addition to the newest models such as BMW i4/iX, Mercedes EQC/EQEE/QS, and Porsche Taycan/Cross Turismo. Introducing 52-part numbers covering 2.7M Vehicles in Operation in Europe, Delphi is providing a substantial service opportunity for workshops. (Source: Company Website, February 2024)
- Allied Nippon launched EV+, an all-new, fully featured brake pad range for Electric Vehicles. (Source: Press Release, June 2023)
Automotive Brake Pad Market Report Coverage and Deliverables
The “Automotive Brake Pad Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Automotive brake pad market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Automotive brake pad market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Automotive brake pad 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 pad market
- Detailed company profiles