Automotive Brake Components Market Size, Share, Trends, Growth Outlook

Automotive Brake Components Market is estimated to increase at a growth rate of 5.3% CAGR over the forecast period from 2024 to 2030.

The global Automotive Brake Components Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By Type (Mechanical Brakes, Hydraulic Brakes, Power Brakes), By Application (Passenger Vehicles, Commercial Vehicles), By Brake Fluids (Glycol Based, Silicon-Based), By Brake Lining Material (Fully Metallic (Sintered Iron), Semi-Metallic (Iron Fibres), Non-Asbestos Lining Material (Synthetic Substance)), By Material (Organic, Metallic, Ceramic, Carbon), By Brake Components (Drum Brakes, Emergency brake, Pedal, Booster, Master Cylinder, Combo Valve, Disc Brakes, Lines), By Technology (Anti-Lock Braking System (ABS), Electronic Stability Control (ESC), Traction Control System (TCS), Electronic Brake-Force Distribution (EBD)).

An Introduction to Global Automotive Brake Components Market, 2024

The Automotive Brake Components market is integral to the performance and safety of braking systems in vehicles, encompassing a wide range of parts such as brake pads, rotors, calipers, and lines. Brake components work together to convert kinetic energy into heat energy through friction, thereby slowing or stopping the vehicle. With the automotive industry's focus on braking efficiency, durability, and noise reduction, the demand for high-quality brake components continues to grow. Manufacturers in this market focus on developing components with advanced materials, precise machining, and innovative designs to optimize braking performance and longevity. Moreover, advancements in brake component technology, including ceramic friction materials, lightweight rotor designs, and electronic brake force distribution systems, drive innovation, allowing for improved stopping power and fade resistance. Additionally, as vehicle designs evolve to incorporate electrification and autonomous driving features, the automotive brake components market is poised for sustained growth and innovation, with opportunities for product development, customization, and market expansion across vehicle segments and regions.

Automotive Brake Components Competitive Landscape

The global Automotive Brake Components market is highly competitive with a large number of companies focusing on niche market segments. Amidst intense competitive conditions, Automotive Brake Components Companies are investing in new product launches and strengthening distribution channels. Key companies operating in the Automotive Brake Components Market Industry include- Beringer Brakes, Brembo S.p.A., Continental AG, Delphi Technologies PLC, EBC Brakes Ltd, Federal-Mogul Holdings LLC, Magneti Marelli S.p.A., Nissin Kogyo Co. Ltd, Robert Bosch GmbH, ZF Friedrichshafen AG.

Automotive Brake Components Market Trend: Increasing Emphasis on Lightweight Brake Components

The most prominent trend in the Automotive Brake Components Market is the increasing emphasis on lightweight brake components. As automotive manufacturers strive to improve fuel efficiency and reduce emissions, there is a growing demand for brake components that are lightweight yet durable. Lightweight brake components, such as aluminum calipers, carbon ceramic brake discs, and composite brake pads, offer several benefits including improved handling, reduced unsprung weight, and enhanced performance. Additionally, lighter brake components contribute to overall vehicle weight reduction, leading to improved fuel economy and lower carbon footprint. This trend reflects the industry's focus on adopting innovative materials and manufacturing techniques to achieve weight savings without compromising braking performance.

Automotive Brake Components Market Driver: Growing Vehicle Production and Sales Worldwide

A major driver propelling the growth of the Automotive Brake Components Market is the increasing vehicle production and sales worldwide. With rising consumer demand for automobiles, especially in emerging markets, there is a significant uptick in vehicle manufacturing activities across the globe. As more vehicles are produced and sold, there is a corresponding increase in the demand for brake components such as brake pads, brake calipers, brake rotors, and brake drums. Additionally, stringent safety regulations and standards mandating the use of high-quality brake components further drive the demand for reliable braking systems in vehicles. The growing vehicle production and sales worldwide serve as a key driver for the expansion of the Automotive Brake Components Market.

Automotive Brake Components Market Opportunity: Integration of Advanced Sensor Technologies for Predictive Maintenance

An opportunity for significant expansion in the Automotive Brake Components Market lies in the integration of advanced sensor technologies for predictive maintenance. With the advent of Industry 4.0 and the Internet of Things (IoT), there is a growing trend towards incorporating sensors into automotive brake components to monitor performance, wear, and temperature in real time. By integrating sensors into brake pads, rotors, and calipers, manufacturers can enable predictive maintenance capabilities that alert drivers and service technicians to potential issues before they escalate into costly repairs or safety hazards. Moreover, data collected from these sensors can be utilized to optimize brake system performance, extend component lifespan, and enhance overall vehicle safety. By offering brake components with integrated sensor technologies, manufacturers can provide added value to customers and differentiate their products in the Automotive Brake Components Market.

Automotive Brake Components Market Segmentation

By Type
Mechanical Brakes
-Drum Brakes
-Disc Brakes
Hydraulic Brakes
Power Brakes
-Air Brakes
-Vacuum brakes
-Others
By Application
Passenger Vehicles
Commercial Vehicles
By Brake Fluids
Glycol Based (Absorb Water)
Silicon Based (Doesn’t Absorb Water)
By Distribution Channel
Original Equipment Manufacturers (OEM)
Aftermarket
By Brake Lining Material
Fully Metallic (Sintered Iron)
Semi-Metallic (Iron Fibers)
Non-Asbestos Lining Material (Synthetic Substance)
By Material
Organic
Metallic
Ceramic
Carbon
By Brake Components
Drum Brakes
Emergency brake
Pedal
Booster
Master Cylinder
Combo Valve
Disc Brakes
Lines
By Technology
Anti-Lock Braking System (ABS)
Electronic Stability Control (ESC)
Traction Control System (TCS)
Electronic Brake-Force Distribution (EBD)Geographical Analysis
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa

Automotive Brake Components Companies

Beringer Brakes
Brembo S.p.A.
Continental AG
Delphi Technologies PLC
EBC Brakes Ltd
Federal-Mogul Holdings LLC
Magneti Marelli S.p.A.
Nissin Kogyo Co. Ltd
Robert Bosch GmbH
ZF Friedrichshafen AG
*- List not Exhaustive

TABLE OF CONTENTS

1 Introduction to 2024 Automotive Brake Components Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Automotive Brake Components Market Size Outlook, $ Million, 2021 to 2030
3.2 Automotive Brake Components Market Outlook by Type, $ Million, 2021 to 2030
3.3 Automotive Brake Components Market Outlook by Product, $ Million, 2021 to 2030
3.4 Automotive Brake Components Market Outlook by Application, $ Million, 2021 to 2030
3.5 Automotive Brake Components Market Outlook by Key Countries, $ Million, 2021 to 2030

4 Market Dynamics
4.1 Key Driving Forces of Automotive Brake Components Industry
4.2 Key Market Trends in Automotive Brake Components Industry
4.3 Potential Opportunities in Automotive Brake Components Industry
4.4 Key Challenges in Automotive Brake Components Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Automotive Brake Components Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Automotive Brake Components Market Outlook by Segments
7.1 Automotive Brake Components Market Outlook by Segments, $ Million, 2021- 2030
By Type
Mechanical Brakes
-Drum Brakes
-Disc Brakes
Hydraulic Brakes
Power Brakes
-Air Brakes
-Vacuum brakes
-Others
By Application
Passenger Vehicles
Commercial Vehicles
By Brake Fluids
Glycol Based (Absorb Water)
Silicon Based (Doesn’t Absorb Water)
By Distribution Channel
Original Equipment Manufacturers (OEM)
Aftermarket
By Brake Lining Material
Fully Metallic (Sintered Iron)
Semi-Metallic (Iron Fibers)
Non-Asbestos Lining Material (Synthetic Substance)
By Material
Organic
Metallic
Ceramic
Carbon
By Brake Components
Drum Brakes
Emergency brake
Pedal
Booster
Master Cylinder
Combo Valve
Disc Brakes
Lines
By Technology
Anti-Lock Braking System (ABS)
Electronic Stability Control (ESC)
Traction Control System (TCS)
Electronic Brake-Force Distribution (EBD)

8 North America Automotive Brake Components Market Analysis and Outlook To 2030
8.1 Introduction to North America Automotive Brake Components Markets in 2024
8.2 North America Automotive Brake Components Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Automotive Brake Components Market size Outlook by Segments, 2021-2030
By Type
Mechanical Brakes
-Drum Brakes
-Disc Brakes
Hydraulic Brakes
Power Brakes
-Air Brakes
-Vacuum brakes
-Others
By Application
Passenger Vehicles
Commercial Vehicles
By Brake Fluids
Glycol Based (Absorb Water)
Silicon Based (Doesn’t Absorb Water)
By Distribution Channel
Original Equipment Manufacturers (OEM)
Aftermarket
By Brake Lining Material
Fully Metallic (Sintered Iron)
Semi-Metallic (Iron Fibers)
Non-Asbestos Lining Material (Synthetic Substance)
By Material
Organic
Metallic
Ceramic
Carbon
By Brake Components
Drum Brakes
Emergency brake
Pedal
Booster
Master Cylinder
Combo Valve
Disc Brakes
Lines
By Technology
Anti-Lock Braking System (ABS)
Electronic Stability Control (ESC)
Traction Control System (TCS)
Electronic Brake-Force Distribution (EBD)

9 Europe Automotive Brake Components Market Analysis and Outlook To 2030
9.1 Introduction to Europe Automotive Brake Components Markets in 2024
9.2 Europe Automotive Brake Components Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Automotive Brake Components Market Size Outlook by Segments, 2021-2030
By Type
Mechanical Brakes
-Drum Brakes
-Disc Brakes
Hydraulic Brakes
Power Brakes
-Air Brakes
-Vacuum brakes
-Others
By Application
Passenger Vehicles
Commercial Vehicles
By Brake Fluids
Glycol Based (Absorb Water)
Silicon Based (Doesn’t Absorb Water)
By Distribution Channel
Original Equipment Manufacturers (OEM)
Aftermarket
By Brake Lining Material
Fully Metallic (Sintered Iron)
Semi-Metallic (Iron Fibers)
Non-Asbestos Lining Material (Synthetic Substance)
By Material
Organic
Metallic
Ceramic
Carbon
By Brake Components
Drum Brakes
Emergency brake
Pedal
Booster
Master Cylinder
Combo Valve
Disc Brakes
Lines
By Technology
Anti-Lock Braking System (ABS)
Electronic Stability Control (ESC)
Traction Control System (TCS)
Electronic Brake-Force Distribution (EBD)

10 Asia Pacific Automotive Brake Components Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Automotive Brake Components Markets in 2024
10.2 Asia Pacific Automotive Brake Components Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Automotive Brake Components Market size Outlook by Segments, 2021-2030
By Type
Mechanical Brakes
-Drum Brakes
-Disc Brakes
Hydraulic Brakes
Power Brakes
-Air Brakes
-Vacuum brakes
-Others
By Application
Passenger Vehicles
Commercial Vehicles
By Brake Fluids
Glycol Based (Absorb Water)
Silicon Based (Doesn’t Absorb Water)
By Distribution Channel
Original Equipment Manufacturers (OEM)
Aftermarket
By Brake Lining Material
Fully Metallic (Sintered Iron)
Semi-Metallic (Iron Fibers)
Non-Asbestos Lining Material (Synthetic Substance)
By Material
Organic
Metallic
Ceramic
Carbon
By Brake Components
Drum Brakes
Emergency brake
Pedal
Booster
Master Cylinder
Combo Valve
Disc Brakes
Lines
By Technology
Anti-Lock Braking System (ABS)
Electronic Stability Control (ESC)
Traction Control System (TCS)
Electronic Brake-Force Distribution (EBD)

11 South America Automotive Brake Components Market Analysis and Outlook To 2030
11.1 Introduction to South America Automotive Brake Components Markets in 2024
11.2 South America Automotive Brake Components Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Automotive Brake Components Market size Outlook by Segments, 2021-2030
By Type
Mechanical Brakes
-Drum Brakes
-Disc Brakes
Hydraulic Brakes
Power Brakes
-Air Brakes
-Vacuum brakes
-Others
By Application
Passenger Vehicles
Commercial Vehicles
By Brake Fluids
Glycol Based (Absorb Water)
Silicon Based (Doesn’t Absorb Water)
By Distribution Channel
Original Equipment Manufacturers (OEM)
Aftermarket
By Brake Lining Material
Fully Metallic (Sintered Iron)
Semi-Metallic (Iron Fibers)
Non-Asbestos Lining Material (Synthetic Substance)
By Material
Organic
Metallic
Ceramic
Carbon
By Brake Components
Drum Brakes
Emergency brake
Pedal
Booster
Master Cylinder
Combo Valve
Disc Brakes
Lines
By Technology
Anti-Lock Braking System (ABS)
Electronic Stability Control (ESC)
Traction Control System (TCS)
Electronic Brake-Force Distribution (EBD)

12 Middle East and Africa Automotive Brake Components Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Automotive Brake Components Markets in 2024
12.2 Middle East and Africa Automotive Brake Components Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Automotive Brake Components Market size Outlook by Segments, 2021-2030
By Type
Mechanical Brakes
-Drum Brakes
-Disc Brakes
Hydraulic Brakes
Power Brakes
-Air Brakes
-Vacuum brakes
-Others
By Application
Passenger Vehicles
Commercial Vehicles
By Brake Fluids
Glycol Based (Absorb Water)
Silicon Based (Doesn’t Absorb Water)
By Distribution Channel
Original Equipment Manufacturers (OEM)
Aftermarket
By Brake Lining Material
Fully Metallic (Sintered Iron)
Semi-Metallic (Iron Fibers)
Non-Asbestos Lining Material (Synthetic Substance)
By Material
Organic
Metallic
Ceramic
Carbon
By Brake Components
Drum Brakes
Emergency brake
Pedal
Booster
Master Cylinder
Combo Valve
Disc Brakes
Lines
By Technology
Anti-Lock Braking System (ABS)
Electronic Stability Control (ESC)
Traction Control System (TCS)
Electronic Brake-Force Distribution (EBD)

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
Beringer Brakes
Brembo S.p.A.
Continental AG
Delphi Technologies PLC
EBC Brakes Ltd
Federal-Mogul Holdings LLC
Magneti Marelli S.p.A.
Nissin Kogyo Co. Ltd
Robert Bosch GmbH
ZF Friedrichshafen AG

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Type
Mechanical Brakes
-Drum Brakes
-Disc Brakes
Hydraulic Brakes
Power Brakes
-Air Brakes
-Vacuum brakes
-Others
By Application
Passenger Vehicles
Commercial Vehicles
By Brake Fluids
Glycol Based (Absorb Water)
Silicon Based (Doesn’t Absorb Water)
By Distribution Channel
Original Equipment Manufacturers (OEM)
Aftermarket
By Brake Lining Material
Fully Metallic (Sintered Iron)
Semi-Metallic (Iron Fibers)
Non-Asbestos Lining Material (Synthetic Substance)
By Material
Organic
Metallic
Ceramic
Carbon
By Brake Components
Drum Brakes
Emergency brake
Pedal
Booster
Master Cylinder
Combo Valve
Disc Brakes
Lines
By Technology
Anti-Lock Braking System (ABS)
Electronic Stability Control (ESC)
Traction Control System (TCS)
Electronic Brake-Force Distribution (EBD)