Global Brake Pad Market Report By Application (Passenger Cars And Commercial Vehicles), By End-User (OEM And Aftermarket) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2020-2027

ID:VMR11210104

January 2020

Report Formats:

Rising concern for personal safety along with regulation imposed by Federal Motor Vehicle Safety Standards on passenger safety for commercial and personal vehicles is driving the market growth. Use of efficient brake pads for better friction stability, reduce vehicle noise is further fueling the market growth. In addition to this, the shift in customer approach towards comfortable, low noise and vibration driving is again spurring the market growth.

The latest report by Value Market Research expects the Global Brake Pad Market was valued at USD 2.2 billion in 2017 and is likely to reach USD 3.125 million by 2024 with a CAGR of 4.5%.

PASSENGER CAR DOMINATED THE APPLICATION SEGMENT
In 2017, the passenger car led the application segment by accounting for over 60% of the total market share. Rising need for an efficient braking system to minimize braking noise and vibration to impart better comfort is driving the segment growth.

OEM LED THE END-USER SEGMENT
OEM dominated the segment in 2017 and has accounted for X.X% of the total market share. OEM offers better wear resistance, quality assurance and limits noise and dust, is driving the segment growth.

ASIA-PACIFIC EMERGED AS THE LEADING REGIONAL MARKET
Geographically, Asia-Pacific dominated the market and has accounted for X.X% of the total market share. The rise in automobile sales in emerging economies such as China, Malaysia, and India are the factors driving the regional market.

KEY PLAYERS OF THE MARKET
Brembo S.P.A., Continental Automotive Gmbh, Federal-Mogul LLC, ITT Inc., MAT Holdings, Inc., Nisshinbo Brake Inc., Robert Bosch Gmbh and TMD Friction Holdings Gmbh are the major players of the market.

As per this study the Global Brake Pad Market was valued at USD XX BN (by revenue) in 2019 and is anticipated to reach USD XX BN by 2026 with a CAGR of XX%.

Brake pad refers to the part of the disc brakes used to decelerate the speed of the vehicle safely. These are the essential component of the car braking system. Basically, it converts kinetic energy into thermal energy through friction and reduces the car speed effectively. Brake pads are generally made up of metallic, semi-metallic, non-metallic or ceramic materials depending upon the type of the vehicle.

Market Dynamics

The brake pad market is majorly driven on account of rise in demand and sales of automobiles leading to high demand for lightweight automotive brakes. Rising demand for low noise brake system along with customer preference towards smooth driving experience is fueling the market growth. Rising awareness regarding personal safety while driving is another major factor pushing the market growth uphill. However, strict mandates while production along with volatile raw material cost is expected to hinder market growth.

This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of brake pad.

Market Segmentation

The broad brake pad market has been sub-grouped into application and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.

By Application Market Share 2019

By Application

Passenger Cars
Commercial Vehicles

By End-User

OEM
Aftermarket

Regional Analysis

Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for brake pad in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.

Europe Brake Pad Market By Revenue (USD MN)

The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the brake pad market include Brembo S.P.A., Continental Automotive Gmbh, Federal-Mogul LLC, ITT Inc., MAT Holdings, Inc., Nisshinbo Brake Inc., Robert Bosch Gmbh and TMD Friction Holdings Gmbh. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.

METHODOLOGY:

A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY
       2.1. Highlights of Brake Pad Market
       2.2. Global Brake Pad Market Snapshot

3 . BRAKE PAD – INDUSTRY ANALYSIS
       3.1. Introduction
       3.2. Market Drivers of Brake Pad Market
       3.3. Market Restraints of Brake Pad Market
       3.4. Opportunities of Brake Pad Market
       3.5. Trends of Brake Pad Market
       3.6. Porter’s Five Force Analysis of Brake Pad Market
       3.7. Brake Pad Market Attractiveness Analysis
           3.7.1 Market Attractive Analysis by Application
           3.7.2 Market Attractive Analysis by End-User
           3.7.3 Market Attractive Analysis by Region

4 . VALUE CHAIN ANALYSIS
       4.1. Brake Pad Value Chain Analysis
       4.2. Brake Pad Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Brake Pad Raw Material Manufactures List
           4.2.3. Price Trend of Brake Pad Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend

5 . GLOBAL BRAKE PAD MARKET ANALYSIS BY APPLICATION
       5.1 Overview by Application
       5.2 Global Brake Pad Market Analysis by Application
       5.3 Market Analysis of Passenger Cars by Regions
       5.4 Market Analysis of Commercial Vehicles by Regions

6 . GLOBAL BRAKE PAD MARKET ANALYSIS BY END-USER
       6.1 Overview by End-User
       6.2 Global Brake Pad Market Analysis by End-User
       6.3 Market Analysis of OEM by Regions
       6.4 Market Analysis of Aftermarket by Regions

7 . GLOBAL BRAKE PAD MARKET ANALYSIS BY GEOGRAPHY
       7.1. Regional Outlook
       7.2. Introduction
       7.3. North America
           7.3.1. Overview
           7.3.2. North America Brake Pad Market Estimate by Market Segment
           7.3.3. North America Brake Pad Market Estimate by Country
           7.3.4. United State
           7.3.5. Rest of North America
       7.4. Europe
           7.4.1. Overview
          7.4.2. Europe Brake Pad Market Estimate by Market Segment
           7.4.3. Europe Brake Pad Market Estimate by Country
           7.4.4. United Kingdom
           7.4.5. France
           7.4.6. Germany
           7.4.7 Rest of Europe
       7.5. Asia Pacific
           7.5.1. Overview
           7.5.2. Asia Pacific Brake Pad Market Estimate by Market Segment
           7.5.3. Asia Pacific Brake Pad Market Estimate by Country
           7.5.4. China
           7.5.5. Japan
           7.5.6. India
           7.5.7. Rest of Asia Pacific
       7.6. Latin America
           7.6.1. Overview
           7.6.2. Latin America Brake Pad Market Estimate by Market Segment
           7.6.3. Latin America Brake Pad Market Estimate by Country
           7.6.4. Brazil
           7.6.5. Rest of Latin America
       7.7. Middle East & Africa
           7.7.1. Overview
           7.7.2. Middle East & Africa Brake Pad Market Estimate by Market Segment
           7.7.3. Middle East & Africa Brake Pad Market Estimate by Country
           7.7.4. Middle East
           7.7.5. Africa

8 . COMPETITIVE LANDSCAPE OF THE BRAKE PAD COMPANIES
       8.1. Brake Pad Market Competition
       8.2. Partnership/Collaboration/Agreement
       8.3. Merger And Acquisitions
       8.4. New Product Launch
       8.5. Other Developments

9 . COMPANY PROFILES OF BRAKE PAD INDUSTRY
       9.1. Company Share Analysis
       9.2. Market Concentration Rate
       9.3. Brembo S.P.A.
           9.3.1. Company Overview
           9.3.2. Financials
           9.3.3. Products
           9.3.4. Recent Developments
       9.4. Continental Automotive Gmbh
           9.4.1. Company Overview
           9.4.2. Financials
           9.4.3. Products
           9.4.4. Recent Developments
       9.5. Federal-Mogul LLC
           9.5.1. Company Overview
           9.5.2. Financials
           9.5.3. Products
           9.5.4. Recent Developments
       9.6. ITT Inc.
           9.6.1. Company Overview
           9.6.2. Financials
           9.6.3. Products
           9.6.4. Recent Developments
       9.7. MAT Holdings, Inc.
           9.7.1. Company Overview
           9.7.2. Financials
           9.7.3. Products
           9.7.4. Recent Developments
       9.8. Nisshinbo Brake Inc.
           9.8.1. Company Overview
           9.8.2. Financials
           9.8.3. Products
           9.8.4. Recent Developments
       9.9. Robert Bosch Gmbh
           9.9.1. Company Overview
           9.9.2. Financials
           9.9.3. Products
           9.9.4. Recent Developments
       9.10. TMD Friction Holdings Gmbh
           9.10.1. Company Overview
           9.10.2. Financials
           9.10.3. Products
           9.10.4. Recent Developments

10. IMPACT ANALYSIS OF COVID-19 OUTBREAK
10.1. Impact Analysis of Covid-19 Outbreak on the Market
10.1.1. Direct Impact on Production
10.1.2. Supply Chain and Market Disruption
10.1.3. Financial Impact on Firms and Financial Markets
10.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
10.3. Pre V/S Post COVID-19 Market
10.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Market Size in 2020, by Scenario
10.5. COVID-19: Micro and Macro Factor Analysis on the Market

*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies

LIST OF TABLES

LIST OF FIGURES

Research Scope of Brake Pad Report
Market Research Process
Market Research Methodology
Global Brake Pad Market Size, by Region (USD MN)
Porters Five Forces Analysis
Market Attractiveness Analysis by Application
Market Attractiveness Analysis by End-User
Market Attractiveness Analysis by Region
Value Chain Analysis
Global Brake Pad Market Analysis by Application (USD MN)
Global Brake Pad Market Analysis in Passenger Cars by Geography (USD MN)
Global Brake Pad Market Analysis in Commercial Vehicles by Geography (USD MN)
Global Brake Pad Market Analysis by End-User (USD MN)
Global Brake Pad Market Analysis in OEM by Geography (USD MN)
Global Brake Pad Market Analysis in Aftermarket by Geography (USD MN)
Latin America Brake Pad Market by Revenue
Middle East & Africa Brake Pad Market by Revenue
Recent Development in Brake Pad Industry
Company Market Share Analysis, 2019

* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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Objectives of Study

Define and measure the global market
Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
Analyze and identify major market trends along with the factors driving or inhibiting the market growth
Study the company profiles of the major market players with their market share
Analyze competitive developments

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