Automotive Brake Linings Market size was valued at US$ 196.82 Mn. in 2022 and the total revenue is expected to grow about 14% from 2023 to 2029, reaching nearly US$ 492.49 Mn.
Automotive Brake Linings Market Overview:
Extensive Automotive Brake Linings Market analysis is carried out by attentively monitoring important product positioning and the market framework’s top competitors. Key competitors are profiled and their tactics are extensively examined to grasp the competitive perspective of the global Automotive Brake Linings market.
The Automotive Brake Linings market study also gives information on the leading businesses functioning in the Automotive Brake Linings industry’s strategic ambitions and company growth strategies. Mergers and acquisitions, government and corporate transactions, partnerships and collaborations, joint ventures, brand promotions, and product launches are among the methods evaluated in the research. To summarise what has been said thus far, the report provides a comprehensive picture of the Automotive Brake Linings market in both global and regional markets.
Automotive Brake Linings Market Dynamics:
The brake system in cars is often acknowledged as being the most crucial component of a vehicle. If the brakes malfunction, a crash could occur, resulting in injuries or even fatalities. The brake system of a car is also a crucial component to evaluate the performance of an automobile. The effectiveness of the braking system has a direct impact on the other characteristics of the cars.
There are disc brakes and drum brakes available on the market, each of which has a different brake component. There are four types of brake pads that are most frequently used, depending on the material: non-asbestos organic (NAO), ceramic, semi-metallic, and low metallic brake pads. In this chapter, the market for various brakes and brake linings will be introduced.
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Market Scope:
This research on the Automotive Brake Linings industry is based on a thorough examination of the market, supported by secondary and primary sources. Market volume is determined by a country-by-country model mapping of Automotive Brake Linings utilizing internal and external private information, as well as relevant patent and regulatory sources.
Automotive Brake Linings Market Segmentation:
Although the fall in Europe from 22.2 million units in 2017 to 21.3 million units in 2018, or more than 22% of global production, is relatively minor, the various nations exhibit varied outcomes. Germany, the UK, and Italy all experienced declines of -9% to -7%. Spain experienced a 1% tepid drop. With a gain of 2%, France, on the other hand, continues to be a rather dynamic manufacturing region, much like Eastern Europe, where production increased by 5% to 4.2 million units. Russia grew by a more impressive +14% than it did in 2017. The 20.8 million units produced in the United States in 2018 accounted for 21% of global output, which is equivalent to the percentage in Europe.
Automotive Brake Linings Market Key Players:
A team of research professionals updates and amends our data regularly to reflect the most recent trends and facts. To fulfill the needs of both individual and corporate clients, we have substantial competence in research and consulting for a wide range of business disciplines. Our knowledgeable staff uses proprietary data sources as well as a range of additional approaches. The key players in the Automotive Brake Linings business are…
1. Robert Bosch (Germany)
2. Aisin Seiki (Japan)
3. Nisshinbo Holding (Japan)
4. Federal Mogul (US)
5. Brembo (Italy)
6. Delphi (Now Aptiv) (UK)
7. Tenneco (US)
8. Akebono Brake Industries (Japan)
9. Miba AG (Germany)
10. SGL Group (Germany)
11. AISIN SEIKI Co., Ltd.
12. AKEBONO BRAKE INDUSTRY CO., LTD.
13. Brembo S.p.A.
14. Continental AG
15. General Motors
16. SGL Group
17. Haldex AB
18. Rane Holdings Ltd.
Regional Analysis:
The study presents regional competitive circumstances. These insights help market participants improve their approaches and provide new opportunities to achieve amazing results.
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COVID-19 Impact Analysis on Automotive Brake Linings Market:
The spread of the COVID-19 pandemic has had a wide-ranging influence on people’s lives all around the world. Markets have been forced to adopt new norms, trends, and tactics as a result. Essentially, the study report tries to paint a picture of the market’s initial and future projections.
Key Questions Answered in the Automotive Brake Linings Market Report are:
- What will be the CAGR of the Automotive Brake Linings market during the forecast period?
- Which segment emerged as the leading segment in the Automotive Brake Linings market?
- Which are the prominent players in the Automotive Brake Linings market?
- What will be the Automotive Brake Linings market size by 2027?
- Which company held the largest share in the Automotive Brake Linings market?
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