North America Automotive Brake Friction Products Market Forecast to 2028

Report Code : BMIRE00025525 | Region : North America | Industry : Automotive and Transportation | Published Date : 10/Aug/2022
North America 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 North America is expected to grow from US$ 1,745.62 million in 2021 to US$ 1,981.67 million by 2028; it is estimated to grow at a CAGR of 1.8% from 2021 to 2028.

The automotive industry is growing due to increased foreign direct investment ( FDI). The COVID-19 pandemic also prompted governments to reconsider their investment facilitation and promotion policies, which could help boost FDIin 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, intraregionalconnections, environmental issues, and the green economy are also receiving more attention. Moreover, according to the Bureau of Economic Analysis, FDIin the US increased from US$ 4.44 trillion in 2019 by US$ 187.2 billion to US$ 4.63 trillion in 2020. A decrease in COVID-19 cases, an increasing number of vaccinated citizens, and the upliftmentof 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.

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

North America Automotive Brake Friction Products Market Segmentation

The North America automotive brake friction products market is segmented into disc materials, product type, vehicle type, and country. Based on disc materials, the North America automotive brake friction products market is segmented into metallic, ceramic, and composite. In 2020, the metallic 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 commercial vehicles segment held a larger market share. Similarly, based on country, the North America automotive brake friction products market is segmented into the US, Canada, and Mexico. Further, the US contributed a substantial share in 2020.

ABS Friction; 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 North America automotive brake friction products market.

The List of Companies - North America Automotive Brake Friction Products Market

● ABS Friction

● 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. North America Automotive Brake Friction Products Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. North America Automotive Brake Friction Products Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing 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 – North America Analysis

6.1 North America Automotive Brake Friction Products Market Overview

6.2 North America Automotive Brake Friction Products Market Revenue Forecast and Analysis

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

7.1 Overview

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

7.3 Metallic

7.3.1 Overview

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

7.4 Ceramic

7.4.1 Overview

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

7.5 Composite

7.5.1 Overview

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

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

8.1 Overview

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

8.3 Brake Shoe

8.3.1 Overview

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

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

9.1 Overview

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

9.3 Passenger Vehicles

9.3.1 Overview

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

10. North America Automotive Brake Friction Products Market – Country Analysis

10.1 Overview

10.1.1 North America: Automotive Brake Friction Products Market, by Key Country

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

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

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

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

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

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

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

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

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

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

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

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

11. North America 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 ABS Friction

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 AKEBONO BRAKE INDUSTRY CO., LTD.

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 Bendix Spicer Foundation Brake LLC

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 BOSCH Auto Parts

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 Carlisle Brake Friction

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 Delphi Auto Parts

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 AISIN SEIKI Co.Ltd.

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

12.10 MIBA AG

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

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

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

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

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

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

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

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

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

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

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

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

Table 12.          List of Abbreviation

The List of Companies - North America Automotive Brake Friction Products Market

● ABS Friction

● 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

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

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