Europe Automotive Brake Friction Products Market Forecast to 2028

Report Code : BMIRE00025518 | Region : Europe | Industry : Automotive and Transportation | Published Date : 10/Aug/2022
Europe Automotive Brake Friction Products Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Disc Materials (Metallic, Ceramic, and Composite), Product Type (Brake Shoe, Brake Pad, Brake Liner, Brake Disc, and Drum Brake), and Vehicle Type (Passenger Vehicles and Commercial Vehicles)

The automotive brake friction products market in Europe is expected to grow from US$ 2,133.85 million in 2021 to US$ 2,596.93 million by 2028; it is estimated to grow at a CAGR of 2.8% from 2021 to 2028

The automotive industry is expanding due to increased foreign direct investment (FDI). For instance, in July 2021, Waaree Energy Storage System collaborated with Zypp Electric to provide lithium batteries. The COVID-19 pandemic also prompted governments to reconsider their investment facilitation and promotion policies, which could help boost FDI in the coming years. However, the onset of the COVID-19 outbreak has disrupted many countries’ investments in automotive sectors; thus, governments primarily focus on increasing the number of new infrastructure projects while completing past projects. As a result, this will increase the demand for commercial vehicles, resulting in rising construction activities, which is expected to positively impact the automotive brake friction products market. Further, intraregional connections, environmental issues, and the green economy are also receiving more attention.

When compared to the global average, the COVID-19 pandemic had more severe consequences in the EU (European Union), with inward FDI falling by 71% from US$ 365.47 billion (€335 billion) in 2019 to US$ 107.71 billion in 2020, according to the annual report on the screening of foreign direct investments into the Union on November 23, 2021. The FDI inflow shows the recovery of various industries, further supporting the automotive brake friction products market growth. A decrease in COVID-19 cases, an increasing number of vaccinated citizens, and the upliftment of stringent governments’ regulations are expected to grow the economy in 2022. Brake systems, made of various brake friction products, are installed in every vehicle. Disc brake systems, for instance, have rotors and pads, whereas a drum brake has a brake shoe and a brake drum. The growing demand for comfort and convenience is increasing vehicle production. Furthermore, the rising population and improving economic conditions increase vehicle production in many countries across the region, boosting the brake friction product market. Further, increased consumer purchasing power, rising disposable income, increased demand for personal vehicles, and the growth of e-commerce are contributing to the increase in production. An increase in government mandates for vehicle safety features is aiding the market growth. Thus, these factors are driving the automotive brake friction products market growth.

Europe Automotive Brake Friction Products Market Revenue and Forecast to 2028 (US$ Million)

Europe Automotive Brake Friction Products Market Segmentation

The Europe automotive brake friction products market is segmented into disc materials, product type, vehicle type, and country. Based on disc materials, the Europe automotive brake friction products market is segmented into metallic, ceramic, and composite. In 2020, the composite segment held the largest market share. Based on product type, the market is segmented into brake shoe, brake pad, brake disc, brake liner and drum brake. In 2020, the brake liner segment held the largest market share. Based on vehicle type, the market is bifurcated into passenger vehicles and commercial vehicles. In 2020, the passenger vehicles segment held a larger market share. Similarly, based on country, the Europe automotive brake friction products market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Further, Germany contributed a substantial share in 2020.

AISIN SEIKI Co.Ltd.; AKEBONO BRAKE INDUSTRY CO., LTD; Bendix Spicer Foundation Brake LLC; BOSCH Auto Parts; Carlisle Brake Friction; Delphi Auto Part; Japan Brake Industrial Co. LTD; MIBA AG; and Nisshinbo Holdings Inc are among the leading companies operating in the Europe automotive brake friction products market.

The List of Companies - Europe Automotive Brake Friction Products Market

● AISIN SEIKI Co.Ltd.

● AKEBONO BRAKE INDUSTRY CO., LTD

● Bendix Spicer Foundation Brake LLC

● BOSCH Auto Parts

● Carlisle Brake Friction

● Delphi Auto Parts

● Japan Brake Industrial Co. LTD

● MIBA AG

● Nisshinbo Holdings Inc.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Automotive Brake Friction Products Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 Europe

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. Europe Automotive Brake Friction Products Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Rate of Vehicle Production

5.1.2 Traffic Congestion and Evolving Vehicle Architecture

5.2 Market Restraints

5.2.1 Improving the life of brake friction products in order to influence demand for replacements

5.3 Market Opportunities

5.3.1 Metal-Free Brake Pads Technology in Electric Vehicles

5.4 Future Trends

5.4.1 Rising trends towards enhanced Vehicle Safety with ABS and EBD

5.5 Impact Analysis of Drivers and Restraints

6. Automotive Brake Friction Products Market – Europe Analysis

6.1 Europe Automotive Brake Friction Products Market Overview

6.2 Europe Automotive Brake Friction Products Market Revenue Forecast and Analysis

7. Europe Automotive Brake Friction Products Market Analysis – By Disc Materials

7.1 Overview

7.2 Europe Automotive Brake Friction Products Market, by Disc Materials (2020 and 2028)

7.3 Metallic

7.3.1 Overview

7.3.2 Metallic: Europe Automotive Brake Friction Products Market Revenue and Forecast to 2028 (US$ Million)

7.4 Ceramic

7.4.1 Overview

7.4.2 Ceramic: Europe Automotive Brake Friction Products Market Revenue and Forecast to 2028 (US$ Million)

7.5 Composite

7.5.1 Overview

7.5.2 Composite: Europe Automotive Brake Friction Products Market Revenue and Forecast to 2028 (US$ Million)

8. Europe Automotive Brake Friction Products Market Analysis – By Product Type

8.1 Overview

8.2 Europe Automotive Brake Friction Products Market, by Product Type (2020 and 2028)

8.3 Brake Shoe

8.3.1 Overview

8.3.2 Brake Shoe: Europe Automotive Brake Friction Products Market Revenue and Forecast to 2028 (US$ Million)

8.4 Brake Pad

8.4.1 Overview

8.4.2 Brake Pad: Europe Automotive Brake Friction Products Market Revenue and Forecast to 2028 (US$ Million)

8.5 Brake Liner

8.5.1 Overview

8.5.2 Brake Liner: Europe Automotive Brake Friction Products Market Revenue and Forecast to 2028 (US$ Million)

8.6 Brake Disc

8.6.1 Overview

8.6.2 Brake Disc: Europe Disc Automotive Brake Friction Products Market Revenue and Forecast to 2028 (US$ Million)

8.7 Drum Brake

8.7.1 Overview

8.7.2 Drum Brake: Europe Automotive Brake Friction Products Market Revenue and Forecast to 2028 (US$ Million)

9. Europe Automotive Brake Friction Products Market Analysis – By Vehicle Type

9.1 Overview

9.2 Europe Automotive Brake Friction Products Market, by Vehicle Type (2020 and 2028)

9.3 Passenger Vehicles

9.3.1 Overview

9.3.2 Passenger Vehicles: Europe Automotive Brake Friction Products Market Revenue and Forecast to 2028 (US$ Million)

9.4 Commercial Vehicles

9.4.1 Overview

9.4.2 Commercial Vehicles: Europe Automotive Brake Friction Products Market Revenue and Forecast to 2028 (US$ Million)

10. Europe Automotive Brake Friction Products Market – Country Analysis

10.1 Overview

10.1.1 Europe: Automotive Brake Friction Products Market, by Key Country

10.1.1.1 Germany: Automotive Brake Friction Products Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 Germany: Automotive Brake Friction Products Market, by Disc Materials

10.1.1.1.2 Germany: Automotive Brake Friction Products Market, by Product Type

10.1.1.1.3 Germany: Automotive Brake Friction Products Market, by Vehicle Type

10.1.1.2 France: Automotive Brake Friction Products Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 France: Automotive Brake Friction Products Market, by Disc Materials

10.1.1.2.2 France: Automotive Brake Friction Products Market, by Product Type

10.1.1.2.3 France: Automotive Brake Friction Products Market, by Vehicle Type

10.1.1.3 Italy: Automotive Brake Friction Products Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 Italy: Automotive Brake Friction Products Market, by Disc Materials

10.1.1.3.2 Italy: Automotive Brake Friction Products Market, by Product Type

10.1.1.3.3 Italy: Automotive Brake Friction Products Market, by Vehicle Type

10.1.1.4 UK: Automotive Brake Friction Products Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 UK: Automotive Brake Friction Products Market, by Disc Materials

10.1.1.4.2 UK: Automotive Brake Friction Products Market, by Product Type

10.1.1.4.3 UK: Automotive Brake Friction Products Market, by Vehicle Type

10.1.1.5 Russia: Automotive Brake Friction Products Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1 Russia: Automotive Brake Friction Products Market, by Disc Materials

10.1.1.5.2 Russia: Automotive Brake Friction Products Market, by Product Type

10.1.1.5.3 Russia: Automotive Brake Friction Products Market, by Vehicle Type

10.1.1.6 Rest of Europe: Automotive Brake Friction Products Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Rest of Europe: Automotive Brake Friction Products Market, by Disc Materials

10.1.1.6.2 Rest of Europe: Automotive Brake Friction Products Market, by Product Type

10.1.1.6.3 Rest of Europe: Automotive Brake Friction Products Market, by Vehicle Type

11. Europe Automotive Brake Friction Products Market-Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 Merger and Acquisition

11.4 New Development

12. Company Profiles

12.1 Japan Brake Industrial Co. LTD

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Nisshinbo Holdings Inc.

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 AKEBONO BRAKE INDUSTRY CO., LTD.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Bendix Spicer Foundation Brake LLC

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 BOSCH Auto Parts

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Carlisle Brake Friction

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Delphi Auto Parts

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 AISIN SEIKI Co.Ltd.

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 MIBA AG

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1.             Europe Automotive Brake Friction Products Market Revenue and Forecast to 2028 (US$ Million)

Table 2.             Europe: Automotive Brake Friction Products Market Revenue Share, by Key Country (US$ Million)

Table 3.             Germany: Automotive Brake Friction Products Market, by Disc Materials–Revenue and Forecast to 2028 (US$ Million)

Table 4.             Germany: Automotive Brake Friction Products Market, by Product Type–Revenue and Forecast to 2028 (US$ Million)

Table 5.             Germany: Automotive Brake Friction Products Market, by Vehicle Type–Revenue and Forecast to 2028 (US$ Million)

Table 6.             France: Automotive Brake Friction Products Market, by Disc Materials–Revenue and Forecast to 2028 (US$ Million)

Table 7.             France: Automotive Brake Friction Products Market, by Product Type–Revenue and Forecast to 2028 (US$ Million)

Table 8.             France: Automotive Brake Friction Products Market, by Vehicle Type–Revenue and Forecast to 2028 (US$ Million)

Table 9.             Italy: Automotive Brake Friction Products Market, by Disc Materials–Revenue and Forecast to 2028 (US$ Million)

Table 10.          Italy: Automotive Brake Friction Products Market, by Product Type–Revenue and Forecast to 2028 (US$ Million)

Table 11.          Italy: Automotive Brake Friction Products Market, by Vehicle Type–Revenue and Forecast to 2028 (US$ Million)

Table 12.          UK: Automotive Brake Friction Products Market, by Disc Materials–Revenue and Forecast to 2028 (US$ Million)

Table 13.          UK: Automotive Brake Friction Products Market, by Product Type–Revenue and Forecast to 2028 (US$ Million)

Table 14.          UK: Automotive Brake Friction Products Market, by Vehicle Type–Revenue and Forecast to 2028 (US$ Million)

Table 15.          Russia: Automotive Brake Friction Products Market, by Disc Materials–Revenue and Forecast to 2028 (US$ Million)

Table 16.          Russia: Automotive Brake Friction Products Market, by Product Type–Revenue and Forecast to 2028 (US$ Million)

Table 17.          Russia: Automotive Brake Friction Products Market, by Vehicle Type–Revenue and Forecast to 2028 (US$ Million)

Table 18.          Rest of Europe: Automotive Brake Friction Products Market, by Disc Materials–Revenue and Forecast to 2028 (US$ Million)

Table 19.          Rest of Europe: Automotive Brake Friction Products Market, by Product Type–Revenue and Forecast to 2028 (US$ Million)

Table 20.          Rest of Europe: Automotive Brake Friction Products Market, by Vehicle Type–Revenue and Forecast to 2028 (US$ Million)

Table 21.          List of Abbreviation

The List of Companies - Europe Automotive Brake Friction Products Market

● AISIN SEIKI Co.Ltd.

● AKEBONO BRAKE INDUSTRY CO., LTD

● Bendix Spicer Foundation Brake LLC

● BOSCH Auto Parts

● Carlisle Brake Friction

● Delphi Auto Parts

● Japan Brake Industrial Co. LTD

● MIBA AG

● Nisshinbo Holdings Inc.

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Automotive Brake Friction Products Market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Europe Automotive Brake Friction Products Market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Automotive Brake Friction Products Market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

AVAILABLE CUSTOMIZATION RESEARCH METHODOLOGY REQUEST FOR TOC FREE SAMPLE REPORT
CHOOSE LICENCE TYPE
(Europe Automotive Brake Friction Products Market Forecast to 2028)
  • Single User Price $3,000$2,400
  • Site Price $4,000$3,200
  • Enterprise Price $5,000$4,000
Buy Now Add to Cart
REQUEST FOR TOC
SPEAK TO ANALYST
FREE SAMPLE
REPORT
INQUIRE BEFORE
BUYING
TOP
Quick Enquiry