DUBLIN--(BUSINESS WIRE)--The "Automotive Brake Pad - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

According to this report the Global Automotive Brake Pad market accounted for $11.00 billion in 2019 and is expected to reach $22.90 billion by 2027 growing at a CAGR of 9.6% during the forecast period.

Growing presence of automotive players and increasing brake components and parts import are the major factors driving the market growth. However, a stringent government regulation for raw materials is restraining the market growth.

Brake pads are an integral part of the disc braking system for automotives. When the brake pedal is engaged, the brake pads press against the running disc in order to stop its motion and halt the vehicle. Brake pads are essentially made of materials that possess a high co-efficient of friction.

Based on vehicle, the passenger carrying vehicle (PCV) segment is likely to have a huge demand. The frequent launch of passenger vehicle models coupled with multiple offers provided by vehicle manufacturers to increase their sales are main driving factors for the segment. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to rising vehicle sales along with growing disposable income of people from emerging economies such as China and India.

Companies Mentioned

  • Akebono Brake Corporation
  • Allied Nippon
  • Brakes India Private Limited
  • Brakewel Automotive Components India Private Limited
  • Continental Automotive GmbH
  • Ford Motor Company
  • Hindustan Composites Limited
  • Hitachi Chemical
  • Hunan Boyun Automobile Brake Material Co Ltd
  • Nisshinbo Brake Inc
  • Power Stop LLC
  • Ranbro Brakes India Limited
  • Rane Brake Lining Limited
  • Robert Bosch GmBH
  • Sangsin Brakes
  • Tenneco Inc
  • Wilwood Engineering Inc
  • ZF Friedrichshafen AG

What the report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Key Topics Covered:

1 Executive Summary

2 Preface

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Product Analysis

3.7 End User Analysis

3.8 Emerging Markets

3.9 Impact of Covid-19

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Automotive Brake Pad Market, By Position

5.1 Introduction

5.2 Front & Rear

5.3 Front

6 Global Automotive Brake Pad Market, By Solutions

6.1 Introduction

6.2 Service

6.3 Hardware and Software Solutions

7 Global Automotive Brake Pad Market, By Type

7.1 Introduction

7.2 Drum Brake Pad

7.3 Disc Brake Pad

8 Global Automotive Brake Pad Market, By Material

8.1 Introduction

8.2 Ceramic

8.3 Low-Metallic NAO

8.4 Non-Asbestos Organic (NAO)

8.5 Semi-Metallic

9 Global Automotive Brake Pad Market, By Vehicle

9.1 Introduction

9.2 Heavy Commercial Vehicles (HCV)

9.3 Light Commercial Vehicle (LCV)

9.4 Two-Wheelers

9.5 Passenger Carrying Vehicle (PCV)

9.5.1 Compact

9.5.2 Executive

9.5.3 Luxury

9.5.4 Mid-Size

9.5.5 Minicompact

9.5.6 Multi-Purpose Vehicle (MPV)

9.5.7 Sport Utility Vehicle (SUV)

9.5.8 Sports Car

9.5.9 Supermini

9.6 Three Wheeler

9.7 Off the Road

10 Global Automotive Brake Pad Market, By Product

10.1 Introduction

10.2 Brake Linings

10.3 Brake Pads

10.4 Brake Shoes

11 Global Automotive Brake Pad Market, By End User

11.1 Introduction

11.2 Automotive Industry

11.3 Electronics Industry

11.4 Metal Industry

12 Global Automotive Brake Pad Market, By Sales Channel

12.1 Introduction

12.2 Aftermarket

12.3 Original Equipment Manufacturer (OEM)

13 Global Automotive Brake Pad Market, By Geography

13.1 Introduction

13.2 North America

13.3 Europe

13.4 Asia Pacific

13.5 South America

13.6 Middle East & Africa

14 Key Developments

14.1 Agreements, Partnerships, Collaborations and Joint Ventures

14.2 Acquisitions & Mergers

14.3 New Product Launch

14.4 Expansions

14.5 Other Key Strategies

15 Company Profiling

For more information about this report visit https://www.researchandmarkets.com/r/c2zohi


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