Acumen Research and Consulting estimates that global Brake Friction market is expected to reach the market value of around US$ 16 Bn by 2027 and is anticipated to grow at a CAGR of around 3% in terms of revenue amid the forecast period 2020 – 2027.
The act of braking is the control of the speed by inhibiting the movement of an object. The force has to be avoided by eliminating the kinetic energy of an object in motion. The removal of the kinetic energy can be achieved by discharging or converting the energy into another form of energy into the atmosphere. Mechanical frequency which inhibits movement through friction brake pads can be seen as the most common form of braking. In order to convert the vehicle's cinematic energy into thermal energy, a mechanical brakes use friction forces which then dissipates into the atmosphere.
The report provides analysis of global brake friction market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.
Market Insights
The market for brake frictions is primarily led by the increasing demand for environmentally friendly brake frictions with substantial thermal resistance properties and improved mechanical efficiency. Furthermore, the demand for lightweight automotive brake frictions is expected to increase with the introduction of electric vehicles with regenerative breaking systems. The expected growth in the market for brake frictions will be supported during the evaluation period. In addition, in the industry of automotive frequency friction products, powder, metallurgical and renewable brake friction materials are patterns. The market for carbon based brake frictions is expected to increase because of positive characteristics, such as improved wear strength and environmentally sustainable characteristics.
Because of the expected increase in vehicle production over the evaluation period, the market of brake frictions is projected to increase. This increases the demand for advanced technological braking systems that will continue to lead in the near future to the introduction of advanced automotive frequency friction products. In addition, strict government rules and enforcement of federal car safety legislation have forced manufacturers to concentrate on increasing vehicle safety. The stipulate for brake frictions will continue to be increased and the market in car brake frictions will increase over the forecast period.
Counterfeit car brake traction goods are pushing OEMs to slash their costs and risk their profits. This could negatively affect the expected growth of the car friction products market during the evaluation period. Furthermore, the growth of the market for automotive fret friction products is limited by low life and by high cost of replacement.
In terms of region, the Asia Pacific is estimated to grow significantly
Asia Pacific is expected to dominate the car frequency friction market over the forecast time period owing to increased vehicle production and the significant presence of key vehicles manufacturers in countries like China, Japan and Korea. The sales and demand of the automobile brake friction in Asia Pacific was expected to play a major position in the global market for car brake friction equipment among the segmented regions. Due to the significant growth of the car and aerospace industry in the region, the Asia Pacific demand for car brake friction materials is expanding. The growth of automotive frequency friction materials on the market is driven by rapid industrialization and growing demand for cars worldwide.
Report coverage
The market research study on “Brake Friction Market (Brake Friction Market By Product: Drum Brake, Brake Disc, Others; Brake Friction Market By Vehicle: Commercial Vehicles, Passenger Cars; Brake Friction Market By Linear Type: Woven Brake Liner, Moulded Brake Liner) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers a detailed insights on the global Brake Friction market entailing insights on its different market segments.
The global Brake Friction market is segmented as below:
Market Segmentation
Brake Friction Market By Product
Drum Brake
Brake Disc
Others
Brake Friction Market By Vehicle
Commercial Vehicles
Passenger Cars
Brake Friction Market By Linear Type
Woven Brake Liner
Moulded Brake Liner
Brake Friction Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of MEA
Key Players and Market Situation
Participants include major global players such Japan Brake International Co., Ltd., Bosch Akebono Brake Corporation, Auto Parts, Nisshinbo Brake Inc., ABS Friction, Delphi Auto Parts, Bendix Spicer Foundation Brake LLC, Lumag Sp. Z.O.O.,, MIBA AG, Others.
CHAPTER 1. Industry Overview of Brake Friction
1.1. Definition and Scope
1.1.1. Definition of Brake Friction
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Brake Friction Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Brake Friction Market By Product
1.2.3. Brake Friction Market By Vehicle
1.2.4. Brake Friction Market By Linear Type
1.2.5. Brake Friction Market by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio And Market Maturity Analysis of Brake Friction Market
3.5.1. Go To Market Strategy
3.6. Technological Roadmap for Brake Friction Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Regulatory Compliance
3.9. Competitive Landscape, 2019
3.9.1. Player Positioning Analysis
3.9.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Brake Friction Market By Product
4.1. Introduction
4.2. Brake Friction Revenue By Product
4.2.1. Brake Friction Revenue (US$ Mn) and Forecast, By Product, 2016-2027
4.2.2. Drum Brake
4.2.2.1. Drum Brake Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
4.2.3. Brake Disc
4.2.3.1. Brake Disc Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
4.2.4. Others
4.2.4.1. Others Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 5. Brake Friction Market Revenue By Vehicle
5.1. Introduction
5.2. Brake Friction Revenue (US$ Mn) By Vehicle
5.2.1. Brake Friction Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
5.2.2. Commercial Vehicles
5.2.2.1. Commercial Vehicles Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.3. Passenger Cars
5.2.3.1. Passenger Cars Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 6. Brake Friction Market By Linear Type
6.1. Introduction
6.2. Brake Friction Revenue (US$ Mn) By Linear Type
6.2.1. Brake Friction Revenue (US$ Mn) and Forecast By Linear Type, 2016 - 2027
6.2.2. Woven Brake Liner
6.2.2.1. Woven Brake Liner Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.3. Moulded Brake Liner
6.2.3.1. Moulded Brake Liner Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 7. North America Brake Friction Market By Country
7.1. North America Brake Friction Overview
7.2. U.S.
7.2.1. U.S. Brake Friction Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
7.2.2. U.S. Brake Friction Market Revenue (US$ Mn) and Forecast By Vehicle, 2016-2027
7.2.3. U.S. Brake Friction Market Revenue (US$ Mn) and Forecast By Linear Type, 2016-2027
7.3. Canada
7.3.1. Canada Brake Friction Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
7.3.2. Canada Brake Friction Market Revenue (US$ Mn) and Forecast By Vehicle, 2016-2027
7.3.3. Canada Brake Friction Market Revenue (US$ Mn) and Forecast By Linear Type, 2016-2027
7.4. North America PEST Analysis
CHAPTER 8. Europe Brake Friction Market By Country
8.1. Europe Brake Friction Market Overview
8.2. U.K.
8.2.1. U.K. Brake Friction Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
8.2.2. U.K. Brake Friction Market Revenue (US$ Mn) and Forecast By Vehicle, 2016-2027
8.2.3. U.K. Brake Friction Market Revenue (US$ Mn) and Forecast By Linear Type, 2016-2027
8.3. Germany
8.3.1. Germany Brake Friction Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
8.3.2. Germany Brake Friction Market Revenue (US$ Mn) and Forecast By Vehicle, 2016-2027
8.3.3. Germany Brake Friction Market Revenue (US$ Mn) and Forecast By Linear Type, 2016-2027
8.4. France
8.4.1. France Brake Friction Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
8.4.2. France Brake Friction Market Revenue (US$ Mn) and Forecast By Vehicle, 2016-2027
8.4.3. France Brake Friction Market Revenue (US$ Mn) and Forecast By Linear Type, 2016-2027
8.5. Spain
8.5.1. Spain Brake Friction Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
8.5.2. Spain Brake Friction Market Revenue (US$ Mn) and Forecast By Vehicle, 2016-2027
8.5.3. Spain Brake Friction Market Revenue (US$ Mn) and Forecast By Linear Type, 2016-2027
8.6. Rest of Europe
8.6.1. Rest of Europe Brake Friction Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
8.6.2. Rest of Europe Brake Friction Market Revenue (US$ Mn) and Forecast By Vehicle, 2016-2027
8.6.3. Rest of Europe Brake Friction Market Revenue (US$ Mn) and Forecast By Linear Type, 2016-2027
8.7. Europe PEST Analysis
CHAPTER 9. Asia Pacific Brake Friction Market By Country
9.1. Asia Pacific Brake Friction Market Overview
9.2. China
9.2.1. China Brake Friction Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
9.2.2. China Brake Friction Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
9.2.3. China Brake Friction Market Revenue (US$ Mn) and Forecast By Linear Type, 2016 - 2027
9.3. Japan
9.3.1. Japan Brake Friction Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
9.3.2. Japan Brake Friction Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
9.3.3. Japan Brake Friction Market Revenue (US$ Mn) and Forecast By Linear Type, 2016 - 2027
9.4. India
9.4.1. India Brake Friction Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
9.4.2. India Brake Friction Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
9.4.3. India Brake Friction Market Revenue (US$ Mn) and Forecast By Linear Type, 2016 - 2027
9.5. Australia
9.5.1. Australia Brake Friction Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
9.5.2. Australia Brake Friction Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
9.5.3. Australia Brake Friction Market Revenue (US$ Mn) and Forecast By Linear Type, 2016 - 2027
9.6. South Korea
9.6.1. South Korea Brake Friction Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
9.6.2. South Korea Brake Friction Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
9.6.3. South Korea Brake Friction Market Revenue (US$ Mn) and Forecast By Linear Type, 2016 - 2027
9.7. Rest of Asia-Pacific
9.7.1. Rest of Asia-Pacific Brake Friction Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
9.7.2. Rest of Asia-Pacific Brake Friction Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
9.7.3. Rest of Asia-Pacific Brake Friction Market Revenue (US$ Mn) and Forecast By Linear Type, 2016 - 2027
9.8. Asia Pacific PEST Analysis
CHAPTER 10. Latin America Brake Friction Market By Country
10.1. Latin America Brake Friction Market Overview
10.2. Brazil
10.2.1. Brazil Brake Friction Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.2.2. Brazil Brake Friction Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
10.2.3. Brazil Brake Friction Market Revenue (US$ Mn) and Forecast By Linear Type, 2016 - 2027
10.3. Mexico
10.3.1. Mexico Brake Friction Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.3.2. Mexico Brake Friction Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
10.3.3. Mexico Brake Friction Market Revenue (US$ Mn) and Forecast By Linear Type, 2016 - 2027
10.4. Rest of Latin America
10.4.1. Rest of Latin America Brake Friction Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.4.2. Rest of Latin America Brake Friction Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 – 2027
10.4.3. Rest of Latin America Brake Friction Market Revenue (US$ Mn) and Forecast By Linear Type, 2016 - 2027
CHAPTER 11. Middle East & Africa Brake Friction Market By Country
11.1. Middle East & Africa Brake Friction Market Overview
11.2. Saudi Arabia
11.2.1. Saudi Arabia Brake Friction Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.2.2. Saudi Arabia Brake Friction Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
11.2.3. Saudi Arabia Brake Friction Market Revenue (US$ Mn) and Forecast By Linear Type, 2016 - 2027
11.3. UAE
11.3.1. UAE Brake Friction Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.3.2. UAE Brake Friction Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
11.3.3. UAE Brake Friction Market Revenue (US$ Mn) and Forecast By Linear Type, 2016 - 2027
11.4. Rest of Middle East & Africa
11.4.1. Rest of Middle East & Africa Brake Friction Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.4.2. Rest of Middle East & Africa Brake Friction Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
11.4.3. Rest of Middle East & Africa Brake Friction Market Revenue (US$ Mn) and Forecast By Linear Type, 2016 - 2027
CHAPTER 12. PLAYER ANALYSIS OF STROKE MANAGEMENT
12.1. Brake Friction Market Company Share Analysis
12.2. Competition Matrix
12.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
12.2.2. New Vehicle Launches and Vehicle Enhancements
12.2.3. Mergers And Acquisition In Global Brake Friction Market
12.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 13. COMPANY PROFILE
13.1. Japan Brake International Co., Ltd.
13.1.1. Company Snapshot
13.1.2. Business Overview
13.1.3. Financial Overview
13.1.3.1. Revenue (US$ Mn), 2019
13.1.3.2. Japan Brake International Co., Ltd. 2019 Brake Friction Business Regional Distribution
13.1.4. Vehicle/ Service and Specification
13.1.5. Recent Developments & Business Strategy
13.1.6. Manufacturing Plant Footprint Analysis
13.2. Bosch Akebono Brake Corporation
13.3. Auto Parts
13.4. Nisshinbo Brake Inc.
13.5. ABS Friction
13.6. Delphi Auto Parts
13.7. Bendix Spicer Foundation Brake LLC
13.8. Lumag Sp. Z.O.O.
13.9. MIBA AG
13.10. Others
