Table of Content
"1 INTRODUCTION 24
1.1 OBJECTIVES 24
1.2 MARKET DEFINITION 24
1.2.1 INCLUSIONS & EXCLUSIONS 25
1.3 MARKET SCOPE 25
FIGURE 1 MARKET SEGMENTATION: BRAKE FRICTION PRODUCTS MARKET 25
1.4 SUMMARY OF CHANGES 26
1.5 LIMITATIONS 27
1.6 STAKEHOLDERS 27
1.7 CURRENCY 27
1.7.1 YEARS CONSIDERED IN THE STUDY 27
2 RESEARCH METHODOLOGY 28
2.1 RESEARCH DATA 28
FIGURE 2 BRAKE FRICTION PRODUCTS MARKET: RESEARCH DESIGN 28
FIGURE 3 RESEARCH METHODOLOGY MODEL 29
2.1.1 SECONDARY DATA 29
2.1.1.1 Key secondary sources 30
2.1.1.2 Key secondary sources for market sizing 30
2.1.1.3 Key data from secondary sources 31
2.1.2 PRIMARY DATA 31
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS 32
2.1.2.1 Sampling techniques & data collection methods 32
2.2 MARKET SIZE ESTIMATION 33
2.2.1 BOTTOM-UP APPROACH: BRAKE FRICTION PRODUCTS OE MARKET 33
FIGURE 5 APPROACH 1 - BOTTOM-UP APPROACH: BRAKE FRICTION PRODUCTS OE MARKET 33
2.2.2 BOTTOM-UP APPROACH: BRAKE FRICTION PRODUCTS AFTERMARKET 34
FIGURE 6 APPROACH 1 - BOTTOM-UP APPROACH: BRAKE FRICTION PRODUCTS AFTERMARKET 34
2.2.3 BOTTOM-UP APPROACH: OFF-HIGHWAY BRAKE FRICTION PRODUCTS MARKET 34
FIGURE 7 BOTTOM-UP APPROACH: OFF-HIGHWAY BRAKE FRICTION PRODUCTS MARKET 34
2.2.4 APPROACH 2: TOP-DOWN APPROACH: BRAKE DISC OE MARKET, BY MATERIAL TYPE 35
FIGURE 8 TOP-DOWN APPROACH: BRAKE DISC OE MARKET, BY MATERIAL TYPE 35
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 36
FIGURE 9 DATA TRIANGULATION 36
2.4 RISK ANALYSIS 37
3 EXECUTIVE SUMMARY 38
3.1 PRE- & POST-COVID-19 SCENARIO 38
FIGURE 10 PRE- & POST-COVID-19 SCENARIO: BRAKE FRICTION PRODUCTS MARKET, 2019–2026 (USD MILLION) 38
TABLE 1 BRAKE FRICTION PRODUCTS MARKET: PRE- VS. POST-COVID-19 SCENARIO, 2019–2026 (USD MILLION) 38
3.2 REPORT SUMMARY 39
FIGURE 11 BRAKE FRICTION PRODUCTS: MARKET OUTLOOK 39
FIGURE 12 BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2021–2026 (USD MILLION) 40
4 PREMIUM INSIGHTS 42
4.1 ATTRACTIVE OPPORTUNITIES IN BRAKE FRICTION PRODUCTS MARKET 42
FIGURE 13 STRINGENT BRAKE EMISSION NORMS AND STOPPING DISTANCE REGULATIONS TO DRIVE THE MARKET 42
4.2 BRAKE FRICTION PRODUCTS MARKET, BY PRODUCT TYPE 43
FIGURE 14 BRAKE DISC SEGMENT TO LEAD THE MARKET, BY VALUE (USD MILLION) 43
4.3 BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE 43
FIGURE 15 PASSENGER CAR TO BE LARGEST AND FASTEST GROWING SEGMENT,
BY VALUE (USD MILLION) 43
4.4 BRAKE LINER MARKET, BY LINER TYPE 44
FIGURE 16 MOLDED BRAKE LINER TO HOLD LARGEST SHARE OWING TO HIGHEST PENETRATION IN PASSENGER CARS & LCVS IN 2021 (USD MILLION) 44
4.5 BRAKE DISC MARKET, BY MATERIAL 44
FIGURE 17 CERAMIC BRAKE DISC EXPECTED TO GROW AT FASTEST RATE OWING TO DEMAND FOR LUXURY CARS (USD MILLION) 44
4.6 OFF-HIGHWAY BRAKE FRICTION PRODUCTS MARKET, BY APPLICATION 45
FIGURE 18 AGRICULTURAL TRACTORS TO BE LARGEST APPLICATION IN OFF-HIGHWAY BRAKE FRICTION PRODUCTS MARKET, BY VALUE (USD MILLION) 45
4.7 BRAKE FRICTION PRODUCTS OE MARKET, BY REGION 46
FIGURE 19 ASIA OCEANIA TO DOMINATE BRAKE FRICTION PRODUCTS MARKET DURING FORECAST PERIOD 46
4.8 BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION 46
FIGURE 20 ASIA OCEANIA TO BE LARGEST AFTERMARKET FOR BRAKE FRICTION PRODUCTS, BY VALUE (USD MILLION) 46
5 MARKET OVERVIEW 47
5.1 INTRODUCTION 47
5.2 MARKET DYNAMICS 48
FIGURE 21 BRAKE FRICTION PRODUCTS MARKET: MARKET DYNAMICS 48
5.2.1 DRIVERS 48
5.2.1.1 Increasing vehicle parc & vehicle miles traveled to boost the aftermarket 48
FIGURE 22 TOTAL VEHICLE PARC, BY KEY COUNTRY, 2018–2026 (‘000 UNITS) 49
FIGURE 23 PASSENGER CAR AVERAGE MILES DRIVEN, BY KEY COUNTRY,
2018 VS. 2022 VS. 2026 (MILES) 49
5.2.1.2 Increase in vehicle production will fuel the demand for brake friction OE market 50
5.2.1.2.1 Growing demand for passenger cars and commercial vehicles 50
FIGURE 24 PASSENGER CAR PRODUCTION, BY KEY COUNTRY, 2018–2026 (‘000 UNITS) 51
5.2.1.2.2 Stopping distance for light- and heavy-duty vehicles 51
FIGURE 25 COMPARISON OF STOPPING DISTANCES AT 65 MPH FOR PASSENGER CAR AND TRUCK IN US 52
FIGURE 26 TOTAL STOPPING DISTANCES FOR PASSENGER CAR AND TRUCK 52
5.2.1.2.3 Enhanced vehicle safety with ABS and EBD 52
FIGURE 27 EFFECT OF EBD 53
5.2.1.2.4 Increasing demand for construction equipment and off-highway vehicles 53
FIGURE 28 OFF-HIGHWAY VEHICLE SALES, BY KEY COUNTRY,
2017 VS. 2022 (‘000 UNITS) 54
5.2.1.3 Growing use of brakes due to traffic congestion to increase the demand for replacement units 54
TABLE 2 ANNUAL TIME SPENT IN TRAFFIC CONGESTION (HOURS) 54
5.2.2 RESTRAINTS 55
5.2.2.1 Impact of COVID-19 on the supply chain of automotive components 55
5.2.2.2 Improving life of brake friction products to influence the demand for replacement units 55
FIGURE 29 REPLACEMENT LIFE OF BRAKE DISC, BY MATERIAL (KILOMETERS), 2017 56
5.2.2.3 Advancements in brake technologies to eliminate the need for friction materials 56
5.2.3 OPPORTUNITIES 56
5.2.3.1 Use of lightweight materials in brake friction products 56
TABLE 3 VEHICLE WEIGHT REDUCTION TARGETS FOR LIGHT-DUTY ICE VEHICLES (2020–2050) 57
FIGURE 30 WEIGHT OF BRAKE DISC, BY MATERIAL USED (LBS) 57
5.2.3.1.1 Composite brake disc provides weight reduction by 20% 58
5.2.3.2 Metal-free brake pads technology in electric vehicles 58
5.2.3.3 Ecofriendly and non-toxic brake friction products to be new avenues of growth for brake manufacturers 58
5.2.4 CHALLENGES 59
5.2.4.1 Government regulations related to alloy composition of brake friction products 59
5.2.4.2 Counterfeit brake friction products in the aftermarket 59
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 60
FIGURE 31 REVENUE SHIFT FOR BRAKE FRICTION PRODUCTS MARKET 60
5.4 BRAKE FRICTION PRODUCTS MARKET, SCENARIOS (2021–2026) 60
FIGURE 32 BRAKE FRICTION PRODUCTS MARKET: COVID-19 SCENARIOS ANALYSIS 60
5.4.1 REALISTIC SCENARIO 61
TABLE 4 BRAKE FRICTION PRODUCTS MARKET (REALISTIC SCENARIO), BY REGION, 2019–2026 (USD MILLION) 61
5.4.2 HIGH COVID-19 IMPACT SCENARIO 61
TABLE 5 BRAKE FRICTION PRODUCTS MARKET (HIGH COVID-19 IMPACT SCENARIO), BY REGION, 2019–2026 (USD MILLION) 61
5.4.3 LOW COVID-19 IMPACT SCENARIO 62
TABLE 6 BRAKE FRICTION PRODUCTS MARKET (LOW COVID-19 IMPACT SCENARIO), BY REGION, 2019–2026 (USD MILLION) 62
5.5 ECOSYSTEM/MARKET MAP 62
TABLE 7 BRAKE FRICTION PRODUCTS MARKET: ECOSYSTEM 62
5.6 TECHNOLOGY ANALYSIS 63
5.7 CASE STUDY ANALYSIS 64
5.7.1 CASE STUDY 1 64
5.7.2 CASE STUDY 2 64
5.8 PATENT ANALYSIS 65
5.9 AVERAGE SELLING OE PRICE ANALYSIS 66
TABLE 8 PASSENGER CAR: AVERAGE SELLING OE PRICE, BY PRODUCT TYPE,
2021-E (USD) 66
TABLE 9 LCV: AVERAGE SELLING OE PRICE, BY PRODUCT TYPE, 2021-E (USD) 66
TABLE 10 HCV : AVERAGE SELLING OE PRICE, BY PRODUCT TYPE, 2021-E (USD) 67
5.10 VALUE CHAIN ANALYSIS 67
FIGURE 33 VALUE CHAIN ANALYSIS: BRAKE FRICTION PRODUCTS MARKET 68
5.11 TRADE ANALYSIS 69
TABLE 11 TRADE ANALYSIS, BRAKE FRICTION BRAKE LININGS AND PADS 69
5.12 TARIFF AND REGULATORY LANDSCAPE 70
5.12.1 VEHICLE SAFETY STANDARDS, BY REGION 71
TABLE 12 VEHICLE SAFETY STANDARDS, BY REGION 71
5.13 PORTER’S FIVE FORCES ANALYSIS 72
FIGURE 34 PORTER’S FIVE FORCES ANALYSIS 72
5.13.1 THREAT OF NEW ENTRANTS 72
5.13.2 THREAT OF SUBSTITUTES 73
5.13.3 BARGAINING POWER OF SUPPLIERS 73
5.13.4 BARGAINING POWER OF BUYERS 73
5.13.5 INTENSITY OF COMPETITIVE RIVALRY 73
6 BRAKE FRICTION PRODUCTS MARKET, BY PRODUCT TYPE 74
6.1 INTRODUCTION 75
6.1.1 RESEARCH METHODOLOGY 76
6.1.2 ASSUMPTIONS 76
6.1.3 INDUSTRY INSIGHTS 76
FIGURE 35 BRAKE FRICTION PRODUCTS MARKET, BY PRODUCT TYPE,
2021 VS. 2026 (USD MILLION) 77
TABLE 13 BRAKE FRICTION PRODUCTS MARKET, BY PRODUCT TYPE,
2018–2020 (‘000 UNITS) 77
TABLE 14 BRAKE FRICTION PRODUCTS MARKET, BY PRODUCT TYPE,
2021–2026 (‘000 UNITS) 77
TABLE 15 BRAKE FRICTION PRODUCTS MARKET, BY PRODUCT TYPE,
2018–2020 (USD MILLION) 78
TABLE 16 BRAKE FRICTION PRODUCTS MARKET, BY PRODUCT TYPE,
2021–2026 (USD MILLION) 78
6.2 BRAKE DISC 78
6.2.1 INCREASING STRINGENT SAFETY NORMS TO DRIVE THE SEGMENT 78
TABLE 17 BRAKE DISC MARKET, BY REGION, 2018–2020 (‘000 UNITS) 79
TABLE 18 BRAKE DISC MARKET, BY REGION, 2021–2026 (‘000 UNITS) 79
TABLE 19 BRAKE DISC MARKET, BY REGION, 2018–2020 (USD MILLION) 79
TABLE 20 BRAKE DISC MARKET, BY REGION, 2021–2026 (USD MILLION) 80
6.3 BRAKE PAD 80
6.3.1 INCREASING DEMAND FOR SAFETY, PERFORMANCE, AND CONTROL IS EXPECTED TO DRIVE THE SEGMENT 80
TABLE 21 BRAKE PAD MARKET, BY REGION, 2018–2020 (‘000 UNITS) 80
TABLE 22 BRAKE PAD MARKET, BY REGION, 2021–2026 (‘000 UNITS) 81
TABLE 23 BRAKE PAD MARKET, BY REGION, 2018–2020 (USD MILLION) 81
TABLE 24 BRAKE PAD MARKET, BY REGION, 2021–2026 (USD MILLION) 81
6.4 DRUM BRAKE 82
6.4.1 RISE IN SALES OF COMMERCIAL VEHICLES TO DRIVE THE SEGMENT 82
TABLE 25 DRUM BRAKE MARKET, BY REGION, 2018–2020 (‘000 UNITS) 82
TABLE 26 DRUM BRAKE MARKET, BY REGION, 2021–2026 (‘000 UNITS) 82
TABLE 27 DRUM BRAKE MARKET, BY REGION, 2018–2020 (USD MILLION) 83
TABLE 28 DRUM BRAKE MARKET, BY REGION, 2021–2026 (USD MILLION) 83
6.5 BRAKE SHOE 83
6.5.1 INCREASE IN SALES OF HCVS TO DRIVE THE MARKET 83
TABLE 29 BRAKE SHOE MARKET, BY REGION, 2018–2020 (‘000 UNITS) 84
TABLE 30 BRAKE SHOE MARKET, BY REGION, 2021–2026 (‘000 UNITS) 84
TABLE 31 BRAKE SHOE MARKET, BY REGION, 2018–2020 (USD MILLION) 84
TABLE 32 BRAKE SHOE MARKET, BY REGION, 2021–2026 (USD MILLION) 84
6.6 BRAKE LINER 85
6.6.1 ADVANCEMENTS IN BRAKE LINER MATERIAL TO DRIVE THE SEGMENT 85
TABLE 33 BRAKE LINER MARKET, BY REGION, 2018–2020 (‘000 UNITS) 85
TABLE 34 BRAKE LINER MARKET, BY REGION, 2021–2026 (‘000 UNITS) 85
TABLE 35 BRAKE LINER MARKET, BY REGION, 2018–2020 (USD MILLION) 86
TABLE 36 BRAKE LINER MARKET, BY REGION, 2021–2026 (USD MILLION) 86
7 BRAKE LINER (OE) MARKET, BY LINER TYPE 87
7.1 INTRODUCTION 88
7.1.1 RESEARCH METHODOLOGY 88
7.1.2 ASSUMPTIONS 89
7.1.3 INDUSTRY INSIGHTS 89
FIGURE 36 BRAKE LINER MARKET, BY LINER TYPE, 2021 VS 2026 (USD MILLION) 89
TABLE 37 BRAKE LINER MARKET, BY LINER TYPE, 2018–2020 (MILLION UNITS) 90
TABLE 38 BRAKE LINER MARKET, BY LINER TYPE, 2021–2026 (MILLION UNITS) 90
TABLE 39 BRAKE LINER MARKET, BY LINER TYPE, 2018–2020 (USD MILLION) 90
TABLE 40 BRAKE LINER MARKET, BY LINER TYPE, 2021–2026 (USD MILLION) 90
7.2 MOLDED BRAKE LINER 91
7.2.1 USE OF NATURAL ASBESTOS FIBERS IN MOLDED BRAKE LINERS TO DRIVE THE SEGMENT 91
TABLE 41 MOLDED BRAKE LINER MARKET, BY REGION, 2018–2020 (MILLION UNITS) 91
TABLE 42 MOLDED BRAKE LINER MARKET, BY REGION, 2021–2026 (MILLION UNITS) 91
TABLE 43 MOLDED BRAKE LINER MARKET, BY REGION, 2018–2020 (USD MILLION) 91
TABLE 44 MOLDED BRAKE LINER MARKET, BY REGION, 2021–2026 (USD MILLION) 92
7.3 WOVEN BRAKE LINER 92
7.3.1 INCREASE IN PRODUCTION OF HCVS TO DRIVE THE SEGMENT 92
TABLE 45 WOVEN BRAKE LINER MARKET, BY REGION, 2018–2020 (MILLION UNITS) 92
TABLE 46 WOVEN BRAKE LINER MARKET, BY REGION, 2021–2026 (MILLION UNITS) 93
TABLE 47 WOVEN BRAKE LINER MARKET, BY REGION, 2018–2020 (USD MILLION) 93
TABLE 48 WOVEN BRAKE LINER MARKET, BY REGION, 2021–2026 (USD MILLION) 93
8 BRAKE DISC MARKET, BY MATERIAL 94
8.1 INTRODUCTION 95
8.1.1 RESEARCH METHODOLOGY 95
8.1.2 ASSUMPTIONS 96
8.1.3 INDUSTRY INSIGHTS 96
FIGURE 37 BRAKE DISC MARKET, BY MATERIAL TYPE, 2018 VS. 2025 (USD BILLION) 96
TABLE 49 BRAKE DISC MARKET, BY MATERIAL TYPE, 2018-2020 (‘000 UNITS) 96
TABLE 50 BRAKE DISC MARKET, BY MATERIAL TYPE, 2021-2026 (‘000 UNITS) 97
TABLE 51 BRAKE DISC MARKET, BY MATERIAL TYPE, 2018–2020 (USD MILLION) 97
TABLE 52 BRAKE DISC MARKET, BY MATERIAL TYPE, 2021–2026 (USD MILLION) 97
8.2 METALLIC DISC 98
8.2.1 LOW COST AND SUITABLE FRICTION PROPERTIES TO DRIVE THE SEGMENT 98
TABLE 53 METALLIC BRAKE DISC MARKET, BY REGION, 2018-2020 (‘000 UNITS) 98
TABLE 54 METALLIC BRAKE DISC MARKET, BY REGION, 2021-2026 (‘000 UNITS) 98
TABLE 55 METALLIC BRAKE DISC MARKET, BY REGION, 2018–2020 (USD MILLION) 99
TABLE 56 METALLIC BRAKE DISC MARKET, BY REGION, 2021–2026 (USD MILLION) 99
8.3 COMPOSITE DISC 99
8.3.1 GROWING DEMAND FOR LIGHTWEIGHT VEHICLES TO DRIVE THE SEGMENT 99
TABLE 57 COMPOSITE BRAKE DISC MARKET, BY REGION, 2018-2020 (‘000 UNITS) 100
TABLE 58 COMPOSITE BRAKE DISC MARKET, BY REGION, 2021-2026 (‘000 UNITS) 100
TABLE 59 COMPOSITE BRAKE DISC MARKET, BY REGION, 2018–2020 (USD MILLION) 100
TABLE 60 COMPOSITE BRAKE DISC MARKET, BY REGION, 2021–2026 (USD MILLION) 100
8.4 CERAMIC BRAKE DISC 101
8.4.1 INCREASE IN DEMAND FOR LUXURY AND HIGH-PERFORMANCE PASSENGER CARS TO DRIVE THE SEGMENT 101
TABLE 61 CERAMIC BRAKE DISC MARKET, BY REGION, 2018-2020 (‘000 UNITS) 101
TABLE 62 CERAMIC BRAKE DISC MARKET, BY REGION, 2021-2026 (‘000 UNITS) 101
TABLE 63 CERAMIC BRAKE DISC MARKET, BY REGION, 2018–2020 (USD MILLION) 102
TABLE 64 CERAMIC BRAKE DISC MARKET, BY REGION, 2021–2026 (USD MILLION) 102
9 BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE 103
9.1 INTRODUCTION 104
9.1.1 RESEARCH METHODOLOGY 104
9.1.2 ASSUMPTIONS 105
9.1.3 INDUSTRY INSIGHTS 105
FIGURE 38 BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE,
2018 VS. 2026 (USD MILLION) 105
TABLE 65 BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE,
2018–2020 (‘000 UNITS) 106
TABLE 66 BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE,
2021–2026 (‘000 UNITS) 106
TABLE 67 BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE,
2018–2020 (USD MILLION) 106
TABLE 68 BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE,
2021–2026 (USD MILLION) 106
9.2 PASSENGER CAR 107
9.2.1 STRINGENT SAFETY STANDARDS & STOPPING DISTANCE NORMS TO DRIVE THE SEGMENT 107
TABLE 69 PASSENGER CAR BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2018–2020 (‘000 UNITS) 107
TABLE 70 PASSENGER CAR: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2021–2026 (‘000 UNITS) 108
TABLE 71 PASSENGER CAR: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2018–2020 (USD MILLION) 108
TABLE 72 PASSENGER CAR: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2021–2026 (USD MILLION) 108
9.3 LCV (LIGHT COMMERCIAL VEHICLE) 109
9.3.1 LOW COPPER CONTENT BRAKE FRICTION MATERIALS TO DRIVE THE SEGMENT 109
TABLE 73 LCV: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2018–2020 (‘000 UNITS) 109
TABLE 74 LCV: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2021–2026 (‘000 UNITS) 109
TABLE 75 LCV: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2018–2020 (USD MILLION) 110
TABLE 76 LCV: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2021–2026 (USD MILLION) 110
9.4 TRUCKS 110
9.4.1 INCREASE IN PRODUCTION OF TRUCKS TO DRIVE THE SEGMENT 110
TABLE 77 TRUCKS: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2018–2020 (‘000 UNITS) 111
TABLE 78 TRUCKS: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2021–2026 (‘000 UNITS) 111
TABLE 79 TRUCKS: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2018–2020 (USD MILLION) 111
TABLE 80 TRUCKS: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2021–2026 (USD MILLION) 112
9.5 BUSES 112
9.5.1 ADOPTION OF EFFICIENT BRAKE SYSTEMS TO DRIVE THE SEGMENT 112
TABLE 81 BUS: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2018–2020 (‘000 UNITS) 113
TABLE 82 BUS: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2021–2026 (‘000 UNITS) 113
TABLE 83 BUS: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2018–2020 (USD MILLION) 113
TABLE 84 BUS: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2021–2026 (USD MILLION) 114
10 OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET,
BY APPLICATION 115
10.1 INTRODUCTION 116
10.1.1 RESEARCH METHODOLOGY 116
10.1.2 ASSUMPTIONS 116
10.1.3 INDUSTRY INSIGHTS 117
FIGURE 39 OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET,
BY APPLICATION, 2021 VS. 2026 (USD MILLION) 117
TABLE 85 OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET,
BY APPLICATION, 2018–2020 (‘000 UNITS) 117
TABLE 86 OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET,
BY APPLICATION, 2021–2026 (‘000 UNITS) 118
TABLE 87 OFF-HIGHWAY BRAKE FRICTION PRODUCTS MARKET, BY APPLICATION, 2018–2020 (USD MILLION) 118
TABLE 88 OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET,
BY APPLICATION, 2021–2026 (USD MILLION) 118
10.2 AGRICULTURAL TRACTORS 119
10.2.1 INCREASING DEMAND FOR WET-DISC BRAKES TO DRIVE THE SEGMENT 119
TABLE 89 AGRICULTURAL TRACTORS: BRAKE FRICTION PRODUCTS MARKET,
BY REGION, 2018–2020 (‘000 UNITS) 119
TABLE 90 AGRICULTURAL TRACTORS: BRAKE FRICTION PRODUCTS MARKET,
BY REGION, 2021–2026 (‘000 UNITS) 119
TABLE 91 AGRICULTURAL TRACTORS: BRAKE FRICTION PRODUCTS MARKET,
BY REGION, 2018–2020 (USD MILLION) 120
TABLE 92 AGRICULTURAL TRACTORS: BRAKE FRICTION PRODUCTS MARKET,
BY REGION, 2021–2026 (USD MILLION) 120
TABLE 93 AGRICULTURAL TRACTORS: BRAKE DISC MARKET, BY TYPE,
2018–2020 (‘000 UNITS) 120
TABLE 94 AGRICULTURAL TRACTORS: BRAKE DISC MARKET, BY TYPE,
2021–2026 (‘000 UNITS) 121
10.2.2 DRY BRAKE DISC 121
TABLE 95 DRY BRAKE DISC MARKET, BY REGION, 2018–2020 (‘000 UNITS) 121
TABLE 96 DRY BRAKE DISC MARKET, BY REGION, 2021–2026 (‘000 UNITS) 121
10.2.3 WET BRAKE DISC 122
TABLE 97 AGRICULTURAL TRACTORS: WET BRAKE DISC MARKET, BY REGION,
2018–2020 (‘000 UNITS) 122
TABLE 98 AGRICULTURAL TRACTORS: WET BRAKE DISC MARKET, BY REGION,
2021–2026 (‘000 UNITS) 122
10.3 CONSTRUCTION EQUIPMENT 123
10.3.1 INCREASING INFRASTRUCTURE DEVELOPMENTS TO DRIVE THE SEGMENT 123
TABLE 99 CONSTRUCTION EQUIPMENT: BRAKE FRICTION PRODUCTS MARKET,
BY REGION, 2018–2020 (‘000 UNITS) 123
TABLE 100 CONSTRUCTION EQUIPMENT: BRAKE FRICTION PRODUCTS MARKET,
BY REGION, 2021–2026 (‘000 UNITS) 123
TABLE 101 CONSTRUCTION EQUIPMENT: BRAKE FRICTION PRODUCTS MARKET,
BY REGION, 2018–2020 (USD MILLION) 124
TABLE 102 CONSTRUCTION EQUIPMENT: BRAKE FRICTION PRODUCTS MARKET,
BY REGION, 2021–2026 (USD MILLION) 124
TABLE 103 CONSTRUCTION EQUIPMENT: BRAKE DISC MARKET, BY TYPE,
2018–2020 (‘000 UNITS) 124
TABLE 104 CONSTRUCTION EQUIPMENT: BRAKE DISC MARKET, BY TYPE,
2021–2026 (‘000 UNITS) 125
10.3.2 DRY BRAKE DISC 125
TABLE 105 CONSTRUCTION EQUIPMENT: DRY BRAKE DISC MARKET, BY REGION,
2018–2020 (‘000 UNITS) 125
TABLE 106 CONSTRUCTION EQUIPMENT: DRY BRAKE DISC MARKET, BY REGION,
2021–2026 (‘000 UNITS) 126
10.3.3 WET BRAKE DISC 126
TABLE 107 CONSTRUCTION EQUIPMENT: WET BRAKE DISC MARKET, BY REGION,
2018–2020 (‘000 UNITS) 126
TABLE 108 CONSTRUCTION EQUIPMENT: WET BRAKE DISC MARKET, BY REGION,
2021–2026 (‘000 UNITS) 127
11 ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET,
BY PRODUCT & VEHICLE TYPE 128
11.1 INTRODUCTION 129
11.1.1 RESEARCH METHODOLOGY 129
11.1.2 ASSUMPTIONS 130
11.1.3 INDUSTRY INSIGHTS 130
FIGURE 40 ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE, 2021 VS 2026 (USD MILLION) 130
TABLE 109 ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET, BY PRODUCT TYPE, 2018–2020 (‘000 UNITS) 131
TABLE 110 ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET, BY PRODUCT TYPE, 2021–2026 (‘000 UNITS) 131
TABLE 111 ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET, BY PRODUCT TYPE, 2018–2020 (USD MILLION) 131
TABLE 112 ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET, BY PRODUCT TYPE, 2021–2026 (USD MILLION) 132
TABLE 113 ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE, 2018–2020 (‘000 UNITS) 132
TABLE 114 ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE, 2021–2026 (‘000 UNITS) 132
TABLE 115 ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE, 2018–2020 (USD MILLION) 133
TABLE 116 ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE, 2021–2026 (USD MILLION) 133
11.2 BATTERY ELECTRIC VEHICLE 133
11.2.1 DEMAND FOR LIGHTWEIGHT FRICTION PRODUCTS TO DRIVE THE SEGMENT 133
TABLE 117 BEV: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2018–2020 (‘000 UNITS) 134
TABLE 118 BEV: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2021–2026 (‘000 UNITS) 134
TABLE 119 BEV: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2018–2020 (USD MILLION) 134
TABLE 120 BEV: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2021–2026 (USD MILLION) 134
11.3 PLUG-IN HYBRID ELECTRIC VEHICLE 135
11.3.1 DEMAND FOR LUXURY PASSENGER CARS WITH DISC BRAKES TO DRIVE THE SEGMENT 135
TABLE 121 PHEV: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2018–2020 (‘000 UNITS) 135
TABLE 122 PHEV: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2021–2026 (‘000 UNITS) 135
TABLE 123 PHEV: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2018–2020 (USD MILLION) 136
TABLE 124 PHEV: BRAKE FRICTION PRODUCTS MARKET, BY REGION,
2021–2026 (USD MILLION) 136
12 BRAKE FRICTION PRODUCTS AFTERMARKET, BY VEHICLE & PRODUCT TYPE 137
12.1 INTRODUCTION 138
12.1.1 RESEARCH METHODOLOGY 138
12.1.2 ASSUMPTIONS 138
12.1.3 INDUSTRY INSIGHTS 139
FIGURE 41 BRAKE FRICTION PRODUCTS AFTERMARKET, BY VEHICLE TYPE,
2018 VS. 2025 (USD MILLION) 139
TABLE 125 BRAKE FRICTION PRODUCTS AFTERMARKET, BY VEHICLE TYPE,
2018–2020 (MILLION UNITS) 139
TABLE 126 BRAKE FRICTION PRODUCTS AFTERMARKET, BY VEHICLE TYPE,
2021–2026 (MILLION UNITS) 140
TABLE 127 BRAKE FRICTION PRODUCTS AFTERMARKET, BY VEHICLE TYPE,
2018–2020 (USD MILLION) 140
TABLE 128 BRAKE FRICTION PRODUCTS AFTERMARKET, BY VEHICLE TYPE,
2021–2026 (USD MILLION) 140
12.2 PASSENGER CAR 141
12.2.1 INCREASING AVERAGE MILES DRIVEN TO DRIVE THE SEGMENT 141
TABLE 129 PASSENGER CAR: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (MILLION UNITS) 141
TABLE 130 PASSENGER CAR: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (MILLION UNITS) 141
TABLE 131 PASSENGER CAR: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (USD MILLION) 142
TABLE 132 PASSENGER CAR: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (USD MILLION) 142
12.3 LCV 142
12.3.1 INCREASING ADOPTION OF DISC BRAKES IN LCVS TO DRIVE THE SEGMENT 142
TABLE 133 LCV: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (MILLION UNITS) 143
TABLE 134 LCV: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (MILLION UNITS) 143
TABLE 135 LCV: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (USD MILLION) 143
TABLE 136 LCV: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (USD MILLION) 144
12.4 HCV 144
12.4.1 HIGH MILES DRIVEN BY HCVS TO DRIVE THE SEGMENT 144
TABLE 137 HCV: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (MILLION UNITS) 144
TABLE 138 HCV: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (MILLION UNITS) 145
TABLE 139 HCV: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (USD MILLION) 145
TABLE 140 HCV: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (USD MILLION) 146
13 BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION 147
13.1 INTRODUCTION 148
13.1.1 RESEARCH METHODOLOGY 148
13.1.2 ASSUMPTIONS/LIMITATIONS 149
13.1.3 INDUSTRY INSIGHTS 149
FIGURE 42 BRAKE FRICTION PRODUCTS AFTERMARKET, 2021–2026 (USD MILLION) 150
TABLE 141 BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION,
2018–2020 (MILLION UNITS) 150
TABLE 142 BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION,
2021–2026 (MILLION UNITS) 151
TABLE 143 BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION,
2018–2020 (USD MILLION) 151
TABLE 144 BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION,
2021–2026 (USD MILLION) 151
13.2 ASIA OCEANIA 152
FIGURE 43 ASIA OCEANIA: BRAKE FRICTION AFTERMARKET SNAPSHOT 153
TABLE 145 ASIA OCEANIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2018–2020 (MILLION UNITS) 153
TABLE 146 ASIA OCEANIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2021–2026 (MILLION UNITS) 154
TABLE 147 ASIA OCEANIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2018–2020 (USD MILLION) 154
TABLE 148 ASIA OCEANIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2021–2026 (USD MILLION) 154
13.2.1 CHINA 155
13.2.1.1 Emission norms and regulations regarding stopping distance to drive the market 155
TABLE 149 CHINA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (MILLION UNITS) 155
TABLE 150 CHINA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (MILLION UNITS) 155
TABLE 151 CHINA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (USD MILLION) 156
TABLE 152 CHINA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (USD MILLION) 156
13.2.2 JAPAN 156
13.2.2.1 Increase in sales of passenger cars and LCVs to drive the market 156
TABLE 153 JAPAN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (MILLION UNITS) 157
TABLE 154 JAPAN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (MILLION UNITS) 157
TABLE 155 JAPAN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (USD MILLION) 157
TABLE 156 JAPAN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (USD MILLION) 158
13.2.3 SOUTH KOREA 158
13.2.3.1 Increasing average miles driven owing to improved life span of vehicles to drive the market 158
TABLE 157 SOUTH KOREA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (MILLION UNITS) 158
TABLE 158 SOUTH KOREA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (MILLION UNITS) 159
TABLE 159 SOUTH KOREA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (USD MILLION) 159
TABLE 160 SOUTH KOREA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (USD MILLION) 159
13.2.4 INDIA 160
13.2.4.1 Increase vehicle parc and average miles driven to drive the market 160
TABLE 161 INDIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (MILLION UNITS) 160
TABLE 162 INDIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (MILLION UNITS) 160
TABLE 163 INDIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (USD MILLION) 161
TABLE 164 INDIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (USD MILLION) 161
13.3 EUROPE 161
FIGURE 44 EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY
(USD MILLION) 162
TABLE 165 EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY,
2018–2020 (MILLION UNITS) 163
TABLE 166 EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY,
2021–2026 (MILLION UNITS) 163
TABLE 167 EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY,
2018–2020 (USD MILLION) 163
TABLE 168 EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY,
2021–2026 (USD MILLION) 164
13.3.1 GERMANY 164
13.3.1.1 Increasing penetration of disc brakes in HCVs to drive the market 164
TABLE 169 GERMANY: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (MILLION UNITS) 164
TABLE 170 GERMANY: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (MILLION UNITS) 165
TABLE 171 GERMANY: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2020 (USD MILLION) 165
TABLE 172 GERMANY: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2021–2026 (USD MILLION) 165
13.3.2 FRANCE 166
13.3.2.1 Increasing penetration of disc brakes to drive the market 166
TABLE 173 FRANCE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (MILLION UNITS) 166
TABLE 174 FRANCE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (MILLION UNITS) 166
TABLE 175 FRANCE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (USD MILLION) 167
TABLE 176 FRANCE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (USD MILLION) 167
13.3.3 UK 167
13.3.3.1 Increasing adoption of disc brakes in LCVs and HCVs to drive the market 167
TABLE 177 UK: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (MILLION UNITS) 168
TABLE 178 UK: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (MILLION UNITS) 168
TABLE 179 UK: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (USD MILLION) 168
TABLE 180 UK: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (USD MILLION) 169
13.3.4 SPAIN 169
13.3.4.1 Advancements in brake systems to drive the market 169
TABLE 181 SPAIN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (MILLION UNITS) 169
TABLE 182 SPAIN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (MILLION UNITS) 170
TABLE 183 SPAIN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (USD MILLION) 170
TABLE 184 SPAIN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (USD MILLION) 170
13.4 NORTH AMERICA 171
FIGURE 45 NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET, SNAPSHOT 172
TABLE 185 NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2018–2020 (MILLION UNITS) 172
TABLE 186 NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2021–2026 (MILLION UNITS) 173
TABLE 187 NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2018–2020 (USD MILLION) 173
TABLE 188 NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY, 2021–2026 (USD MILLION) 173
13.4.1 US 174
13.4.1.1 Regulations to reduce stopping distance in commercial vehicles to drive the market 174
TABLE 189 US: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (MILLION UNITS) 174
TABLE 190 US: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (MILLION UNITS) 174
TABLE 191 US: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (USD MILLION) 175
TABLE 192 US: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (USD MILLION) 175
13.4.2 MEXICO 175
13.4.2.1 Demand for asbestos-free brake pads to drive the market 175
TABLE 193 MEXICO: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (MILLION UNITS) 176
TABLE 194 MEXICO: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (MILLION UNITS) 176
TABLE 195 MEXICO: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (USD MILLION) 176
TABLE 196 MEXICO: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (USD MILLION) 177
13.4.3 CANADA 177
13.4.3.1 OE recommended replacement miles for friction products to drive the market 177
TABLE 197 CANADA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (MILLION UNITS) 177
TABLE 198 CANADA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (MILLION UNITS) 178
TABLE 199 CANADA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (USD MILLION) 178
TABLE 200 CANADA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (USD MILLION) 178
13.5 ROW 179
FIGURE 46 ROW: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY,
2021 VS. 2026 (USD MILLION) 180
TABLE 201 ROW: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY,
2018–2020 (MILLION UNITS) 180
TABLE 202 ROW: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY,
2021–2026 (MILLION UNITS) 180
TABLE 203 ROW: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY,
2018–2020 (USD MILLION) 181
TABLE 204 ROW: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY,
2021–2026 (USD MILLION) 181
13.5.1 RUSSIA 181
13.5.1.1 Increasing adoption of disc brakes in LCVs to drive the market 181
TABLE 205 RUSSIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (MILLION UNITS) 182
TABLE 206 RUSSIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (MILLION UNITS) 182
TABLE 207 RUSSIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (USD MILLION) 182
TABLE 208 RUSSIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (USD MILLION) 183
13.5.2 BRAZIL 183
13.5.2.1 Numerous OES and IAM players to drive the market 183
TABLE 209 BRAZIL: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (MILLION UNITS) 183
TABLE 210 BRAZIL: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (MILLION UNITS) 184
TABLE 211 BRAZIL: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2018–2020 (USD MILLION) 184
TABLE 212 BRAZIL: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,
2021–2026 (USD MILLION) 185
14 RECOMMENDATIONS BY MARKETSANDMARKETS 186
14.1 ASIA OCEANIA IS A POTENTIAL MARKET FOR BRAKE FRICTION PRODUCTS 186
14.2 COMPANIES SHOULD FOCUS ON DISC BRAKES 186
14.3 GROWING DEMAND FOR HYDRAULIC WET BRAKES IN AGRICULTURAL TRACTORS 186
14.4 CONCLUSION 187
15 COMPETITIVE LANDSCAPE 188
15.1 OVERVIEW 188
15.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 188
TABLE 213 COMPANIES ADOPTED NEW PRODUCT DEVELOPMENT STRATEGY AS THE KEY GROWTH STRATEGY, 2019–2021 189
15.3 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2018-2020 191
15.4 MARKET SHARE ANALYSIS 192
TABLE 214 MARKET SHARE, 2020 192
FIGURE 47 BRAKE FRICTION PRODUCTS MARKET SHARE ANALYSIS, 2020 192
15.5 COMPETITIVE LEADERSHIP MAPPING 194
15.5.1 STAR 194
15.5.2 EMERGING LEADER 194
15.5.3 PERVASIVE 194
15.5.4 PARTICIPANT 194
FIGURE 48 COMPETITIVE LEADERSHIP MAPPING: BRAKE FRICTION MANUFACTURERS 195
TABLE 215 BRAKE FRICTION MARKET: COMPANY FOOTPRINT 196
TABLE 216 COMPANY PRODUCT FOOTPRINT 197
TABLE 217 COMPANY REGION FOOTPRINT (20 COMPANIES) 198
15.6 COMPETITIVE SCENARIO 199
15.7 NEW PRODUCT LAUNCHES 199
TABLE 218 NEW PRODUCT DEVELOPMENT, 2019-2021 199
15.8 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, & JOINT VENTURES 200
TABLE 219 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, & JOINT VENTURES, 2018-2021 200"
"16 COMPANY PROFILES 201
16.1 BRAKE FRICTION PRODUCT MANUFACTURERS – KEY PLAYERS 201
(Business overview, Products offered, Recent Developments, MNM view)*
16.1.1 ROBERT BOSCH GMBH 201
TABLE 220 ROBERT BOSCH GMBH: BUSINESS OVERVIEW 201
FIGURE 49 ROBERT BOSCH GMBH: COMPANY SNAPSHOT 202
TABLE 221 ROBERT BOSCH GMBH.: PRODUCT LAUNCHES 203
TABLE 222 ROBERT BOSCH.: EXPANSION 203
16.1.2 AISIN CORPORATION 205
TABLE 223 AISIN CORPORATION: BUSINESS OVERVIEW 205
FIGURE 50 AISIN CORPORATION: COMPANY SNAPSHOT 206
TABLE 224 PRODUCT OFFERINGS 206
TABLE 225 AISIN CORPORATION: EXPANSION 207
TABLE 226 AISIN CORPORATION- ACQUISITION 207
16.1.3 NISSHINBO HOLDINGS INC. 209
TABLE 227 NISSHINBO HOLDINGS INC: BUSINESS OVERVIEW 209
FIGURE 51 NISSHINBO HOLDINGS INC.: COMPANY SNAPSHOT 210
TABLE 228 NISSHINBO HOLDINGS INC.: PRODUCT DEVELOPMENT 211
16.1.4 BREMBO S.P.A 212
TABLE 229 BREMBO S.P.A: BUSINESS OVERVIEW 212
FIGURE 52 BREMBO S.P.A.: COMPANY SNAPSHOT 212
TABLE 230 BREMBO S.P.A .: EXPANSION 213
TABLE 231 BREMBO S.P.A.: PRODUCT LAUNCHES 213
TABLE 232 BREMBO S.P.A: DEALS 215
16.1.5 TENNECO INC. 216
TABLE 233 TENNECO INC: BUSINESS OVERVIEW 216
FIGURE 53 TENNECO INC.: COMPANY SNAPSHOT 217
TABLE 234 TENNECO INC: PRODUCT DEVELOPMENT 218
TABLE 235 TENNECO INC: ACQUISITION 218
16.1.6 AKEBONO BRAKE INDUSTRY CO., LTD. 220
TABLE 236 AKEBONO BRAKE INDUSTRY CO., LTD.: BUSINESS OVERVIEW 220
FIGURE 54 AKEBONO BRAKE INDUSTRY CO., LTD.: COMPANY SNAPSHOT 220
TABLE 237 AKEBONO BRAKE INDUSTRY CO., LTD.: PRODUCT DEVELOPMENT 221
TABLE 238 AKEBONO BRAKE INDUSTRY CO., LTD.: PRODUCT LAUNCHES 221
16.1.7 ITT INC. 222
TABLE 239 ITT INC.: BUSINESS OVERVIEW 222
FIGURE 55 ITT INC.: COMPANY SNAPSHOT 222
TABLE 240 ITT INC.: EXPANSION 223
TABLE 241 ITT INC: PRODUCT DEVELOPMENT 223
16.1.8 MIBA AG 224
TABLE 242 MIBA AG: BUSINESS OVERVIEW 224
FIGURE 56 MIBA AG.: COMPANY SNAPSHOT 225
TABLE 243 MIBA AG: EXPANSION 226
16.1.9 SGL CARBON 227
TABLE 244 SGL CARBON: BUSINESS OVERVIEW 227
FIGURE 57 SGL CARBON.: COMPANY SNAPSHOT 227
TABLE 245 SGL CARBON: PRODUCT LAUNCH 228
16.1.10 MERITOR, INC. 229
TABLE 246 MERITOR, INC.: BUSINESS OVERVIEW 229
FIGURE 58 MERITOR, INC.: COMPANY SNAPSHOT 230
TABLE 247 MERITOR, INC.: ACQUISITION 231
TABLE 248 MERITOR, INC.: PRODUCT LAUNCH 231
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
16.2 BRAKE FRICTION PRODUCTS MARKET – ADDITIONAL PLAYERS 232
16.2.1 CONTINENTAL AG 232
TABLE 249 CONTINENTAL AG: COMPANY OVERVIEW 232
16.2.2 FTE AUTOMOTIVE 233
TABLE 250 FTE AUTOMOTIVE: COMPANY OVERVIEW 233
16.2.3 BERINGER 233
TABLE 251 BERINGER: BUSINESS OVERVIEW 233
16.2.4 ZF FRIEDRICHSHAFEN AG 234
TABLE 252 ZF FRIEDRICHSHAFEN AG: COMPANY OVERVIEW 234
16.2.5 WUHAN YOUFIN AUTO PARTS CO., LTD. 235
TABLE 253 WUHAN YOUFIN AUTO PARTS CO., LTD.: BUSINESS OVERVIEW 235
16.2.6 EBC BRAKES 235
TABLE 254 EBC BRAKES: BUSINESS OVERVIEW 235
16.2.7 MANDO MANUFACTURING COMPANY 236
TABLE 255 MANDO CORPORATION: COMPANY OVERVIEW 236
16.2.8 HITACHI ASTEMO LTD. 237
TABLE 256 HITACHI ASTEMO LTD. 237
16.2.9 HALDEX AB 238
TABLE 257 HALDEX AB: COMPANY OVERVIEW 238
16.2.10 CARDONE INDUSTRIES, INC. 239
TABLE 258 CARDONE INDUSTRIES, INC.: COMPANY OVERVIEW 239
17 APPENDIX 240
17.1 INSIGHTS OF INDUSTRY EXPERTS 240
17.2 DISCUSSION GUIDE 241
17.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 244
17.4 AVAILABLE CUSTOMIZATIONS 246
17.4.1 OFF-HIGHWAY BRAKE FRICTION MARKET, BY PRODUCT TYPE,
(COUNTRY LEVEL) 246
17.4.1.1 Construction Equipment: Brake friction market 246
17.4.1.1.1 Brake Disc 246
17.4.1.1.2 Brake Pad 246
17.4.1.1.3 Brake Drum 246
17.4.1.1.4 Brake Shoe 246
17.4.1.1.5 Brake Liner 246
17.4.1.2 Agricultural Tractors: Brake friction market 246
17.4.1.2.1 Brake Disc 246
17.4.1.2.2 Brake Pad 246
17.4.1.2.3 Brake Drum 246
17.4.1.2.4 Brake Shoe 246
17.4.1.2.5 Brake Liner 246
17.4.2 BRAKE FRICTION OE MARKET, BY VEHICLE TYPE, (COUNTRY LEVEL) 246
17.4.2.1 Passenger Cars: Brake friction market 246
17.4.2.1.1 Brake Disc 246
17.4.2.1.2 Brake Pad 246
17.4.2.1.3 Brake Drum 246
17.4.2.1.4 Brake Shoe 246
17.4.2.1.5 Brake Liner 246
17.4.2.2 LCV: Brake friction market 246
17.4.2.2.1 Brake Disc 247
17.4.2.2.2 Brake Pad 247
17.4.2.2.3 Brake Drum 247
17.4.2.2.4 Brake Shoe 247
17.4.2.2.5 Brake Liner 247
17.4.2.3 BUS: Brake friction market 247
17.4.2.3.1 Brake Disc 247
17.4.2.3.2 Brake Pad 247
17.4.2.3.3 Brake Drum 247
17.4.2.3.4 Brake Shoe 247
17.4.2.3.5 Brake Liner 247
17.4.2.4 Truck: Brake friction market 247
17.4.2.4.1 Brake Disc 247
17.4.2.4.2 Brake Pad 247
17.4.2.4.3 Brake Drum 247
17.4.2.4.4 Brake Shoe 247
17.4.2.4.5 Brake Liner 247
17.4.3 DETAILED ANALYSIS AND PROFILING OF ADDITIONAL MARKET PLAYERS 247
17.5 RELATED REPORTS 248
17.6 AUTHOR DETAILS 249"
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