The global automotive brake linings market is expected to witness ~7.8% CAGR during the forecast period, 2019 to 2025
The growing stopping distances over hydraulic breaking and stringent regulations relating to the use of light-weight materials in the brake linings are some of the factors that are hindering market growth. However, the growing disposable income from countries such as China, India, and Germany, the advancement in technology like regenerative braking system, growing urbanization, and developing economies from emerging countries are providing opportunities for the global market.
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Automotive Brake Linings Market Highlights
The increasing production of automobiles from countries such as China, Germany, Mexico, India, and Japan drive the growth of the global automotive brake linings market. The global automotive brake linings market is expected to witness a significant growth during the study period. The rising production and sales of electric vehicles globally drives the growth of the global automotive brake linings market, significantly.
Global 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 a 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.
Prominent players in the global automotive brake linings market
- 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)
- Japan Brake Industrial Co., Ltd (Japan)
Market Growth Analysis:
The growing stopping distances over hydraulic breaking and stringent regulations relating to the use of light-weight materials in the brake linings are some of the factors that are hindering market growth. However, the growing disposable income from countries such as China, India, and Germany, the advancement in technology like regenerative braking system, growing urbanization, and developing economies from emerging countries are providing opportunities for the global market.
Competition amongst automotive brake linings manufacturers and government regulations to use environment-friendly materials in automotive brake linings has prompted manufacturers to design the system as per the government regulations, which is considered as one of the key factors responsible for the growth of this market.
Scope of the Report
This study provides an overview of the global automotive brake linings market, 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
Major Key Points from Table of Content:
Table 1 Global Automotive Brake Linings Market: By Region, 2019–2025
Table 2 North America: Automotive Brake Linings Market: By Country, 2019–2025
Table 3 Europe: Automotive Brake Linings Market: By Country, 2019–2025
Table 4 Asia-Pacific: Automotive Brake Linings Market: By Country, 2019–2025
Table 5 RoW: Automotive Brake Linings Market: By Region, 2019–2025
Table 6 Global Automotive Brake Linings Market, By Material, By Regions, 2019–2025
Table 7 North America: Automotive Brake Linings Market, By Material, By Country, 2019–2025
Table 8 Europe: Automotive Brake Linings Market, By Material, By Country, 2019–2025
Table 9 Asia-Pacific: Automotive Brake Linings Market, By Material, By Country, 2019–2025
Table 10 RoW: Automotive Brake Linings Market, By Material, By Region, 2019–2025
Table 11 Global Automotive Brake Linings Market By Vehicle Type: By Regions, 2019–2025
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