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Automotive Brake Linings market Key Based on Product Type, End-use and Regional Demand

Market Highlights

The Global  is projected to witness ~7.8% CAGR by 2027 : Brake Lining is a type of braking system employed in passenger and commercial vehicles for the purpose of safety, efficiency, and reliability. Brake linings are composed of comparatively soft but tough and heat-resistant materials, such as asbestos and ceramic, typically mounted on a solid metal backing using high-temperature adhesives or rivets.

The increasing production of automobiles from countries such as China, Germany, Mexico, India, and Japan drives the growth of the global Automotive Brake Linings Industry. The global Automotive Brake Linings market is expected to witness significant growth during the study period. The rising production and sales of electric vehicles globally drive the growth of the global Automotive Brake Linings Industry, significantly.

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Market Research Analysis

On the basis of region, the global market for automotive brake linings is segmented into North America, Europe, Asia-Pacific, and the rest of the world. North America is expected to witness significant growth during the forecast period owing to the growing production of commercial vehicles in the US, Canada, and Mexico. Moreover, the growing demand for electric vehicles is expected to further boost the demand for brake lining in this region. However, Asia-Pacific is expected to hold the highest market share throughout the forecast period due to the growing disposable income in countries such as China, and India, increasing automotive fleet, and rising focus on vehicle safety. Additionally, the growing investments in the automotive sector and the continuous improvement in brake system technology will further grow the market in Asia-Pacific. In Europe, the presence of key manufacturers, such as Continental AG, SGL Group, and Brembo S.p.A., are contributing to the growth of this market due to the increasing number of collaborations with automotive OEMs, such as BMW and Audi.

Scope of the Report

This study provides an overview of the global Automotive Brake Linings Industry, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the rest of the world. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Automotive Brake Linings market by material, vehicle type, sales channel, and region.


By Material

· Non-Asbestos Brake Lining

· Semi Asbestos Brake Lining

· Ceramic Friction Brake Lining


By Vehicle Type

· Passenger Vehicle

· Commercial Vehicle


By Sales Channel

· OEM

· Aftermarket


By Regions

· North America 

· Asia-Pacific 

· Europe

· Rest of the World  

Report Attribute

Details

Forecast Period

2022 - 2030

Market Growth value

XX % CAGR

Revenue forecast in 2022-2030

USD XX billion

Base year for estimation

2021

Historical data

2019 – 2020

Unit

USD Billion, CAGR (2021 – 2030)

 

FAQ’s:

1. What is “Automotive Brake Linings” Market?

2. Who are the Top Market manufacturers?

3. Which are the most Business Regions across the globe?

4. How big is the “Automotive Brake Linings” Market in upcoming Years?

5. What are the Latest developments/industry updates in the “Automotive Brake Linings” Market?

Key Players

Some of the prominent players in the global Automotive Brake Linings market market include AKEBONO BRAKE INDUSTRY CO., LTD (Japan), AISIN SEIKI Co., Ltd (Japan), Continental AG (Germany), General Motors (US), SGL Group (Germany), Federal-Mogul (US), Brembo S.p.A. (Italy), TMD FRICTION HOLDINGS GMBH (UK), Meritor, Inc. (US), and Japan Brake Industrial Co., Ltd (Japan).

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In order to stay updated with the technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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