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Brake Pads are components of brake systems used in automotive and other applications. Brake pads are friction materials which bound to the surface that faces the brake rotor and take the brunt of the frictional force necessary to stop the car. In a disc brake system, the brake pedal activates a hydraulic line which squeezes the calipers against the rotors of the car's tires. Pads are positioned between the calipers and the rotors to absorb the energy and heat, and then provide enough grips to stop the car.Brake pads are often described as brake linings or brake shoes and when applied to the brake rotors or drums, respectively, with a mix of hydraulic and mechanical force, supply the friction to safely bring the car to a halt. Brake pads are usually used in disc brake setups within a hydraulic brake caliper and are squeezed versus the brake disc, or rotor in order to stop the car when using the brakes.
This report contains market size and forecasts of Motor Vehicle Brake Pads in global, including the following market information:
Global Motor Vehicle Brake Pads Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Motor Vehicle Brake Pads Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Motor Vehicle Brake Pads companies in 2021 (%)
The global Motor Vehicle Brake Pads market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Non-Asbestos Organic Brake Pads Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Motor Vehicle Brake Pads include BOSCH, Federal Mogul, TRW, Nisshinbo Group Company, Akebono, MAT Holdings, Delphi Automotive, ITT Corporation and Sangsin Brake, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Motor Vehicle Brake Pads manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Motor Vehicle Brake Pads Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Motor Vehicle Brake Pads Market Segment Percentages, by Type, 2021 (%)
Non-Asbestos Organic Brake Pads
Semi Metallic Brake Pads
Ceramic Brake Pads
Others
Global Motor Vehicle Brake Pads Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Motor Vehicle Brake Pads Market Segment Percentages, by Application, 2021 (%)
Passenger Cars
Commercial Vehicle
Global Motor Vehicle Brake Pads Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Motor Vehicle Brake Pads Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Motor Vehicle Brake Pads revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Motor Vehicle Brake Pads revenues share in global market, 2021 (%)
Key companies Motor Vehicle Brake Pads sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Motor Vehicle Brake Pads sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
BOSCH
Federal Mogul
TRW
Nisshinbo Group Company
Akebono
MAT Holdings
Delphi Automotive
ITT Corporation
Sangsin Brake
Sumitomo
Hitachi Chemical
ATE
BREMBO
ADVICS
Acdelco
Brake Parts Inc
ICER
Fras-le
EBC Brakes
ABS Friction
Shandong Gold Phoenix
Shangdong xinyi
SAL-FER
Hunan BoYun
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| Report Attributes | Report Details |
|---|---|
| Report Title | Motor Vehicle Brake Pads Market, Global Outlook and Forecast 2022-2028 |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2021 |
| Forecast Year | 2029 |
| Number of Pages | 125 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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