Asia Pacific Automotive Backing Plate Market Forecast to 2028

Asia Pacific Automotive Backing Plate Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Brake Types (Disc Brake and Drum Brake), Brake Material Type (Aluminium, Iron, and Others), and Vehicle Type (Passenger Cars, Light Commercial Vehicle, and Heavy Commercial Vehicle)

Report Code : BMIRE00025469 | Region : Asia Pacific | Industry : Automotive and Transportation | Published Date : 27/Jul/2022

The Asia Pacific automotive backing plate market is expected to reach US$ 370.23 million by 2028 from US$ 269.75 million in 2021. It is estimated to grow at a CAGR of 4.6% from 2021 to 2028.

When an EV driver releases the accelerator pedal during regenerative braking, the power flow from the battery to the motor is discontinued. However, the spinning component of the engine (the rotor) continues rotating in tandem with the wheels of the still-moving automobile. Without a constant supply of electricity from the battery, the motor transforms into a generator, transferring kinetic energy from the spinning rotor to the battery, while resistance to the rotor slows the vehicle. Regenerative braking is a new technique used for over years, although novel research and developments continue to improve its efficiency. Advancements in batteries will enhance the amount of energy that regenerative braking can store. Supercapacitor developments will also improve braking efficiency. Regenerative braking is most effective at higher speed and on a long downhill since more kinetic energy can be converted. Continued research on regenerative braking systems can reduce the energy loss in the braking process to make electric vehicles more efficient, economical, and environmental-friendly.

Continuous advancements in regenerative braking systems are likely to provide lucrative opportunities to the APAC automotive backing plate market over the next few years. The regional market is expected to grow at a good CAGR during the forecast period.

Asia Pacific Automotive Backing Plate Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Automotive Backing Plate Market Segmentation

The Asia Pacific Automotive Backing Plate market is segmented into brake types, brake material type, vehicle type, and country.Based on brake types, the market is bifurcated into disc brakes and drum brakes. In 2020, the drum brake segment held a larger market share. Based on brake material type, the market is segmented into aluminum, iron, and others. In 2020, the others segment held a largest market share. Based on vehicle type, the market is categorized into passenger cars, light commercial vehicle, and heavy commercial vehicle. In 2020, the passenger cars segment held a largest market share. Based on country, the Asia Pacific Automotive Backing Plate market is fragmented into Australia, China, India, Japan, South Korea, and Rest of APAC. The China is contributed a substantial share in 2020.

Super Circle,NUCAP,MAT Foundry Group Ltd,INDUS Marmara Auto Components Pvt ltd,Dorman Products,ORTHLINGHAUS-WERKE Gmbh,Sparex,RSB Tech solution and ACDelco are among the leading companies in the Asia Pacific Automotive Backing Plate market..

Drum brake Segment to Dominate Asia Pacific Automotive Backing Plate market Forecast to 2028 during 2019–2028

According to a new market research study on the Asia Pacific Automotive Backing Plate market Forecast to 2028 –– by brake types ,brake material type ,vehicle type, and countries is expected to reach US$ 370.23 million by 2028 from US$ 269.75 million in 2021. The market is estimated to grow at a CAGR of 4.6% from 2021 to 2028. The report provides trends prevailing in the Asia Pacific Automotive Backing Plate market along with the drivers and restraints pertaining to the market growth. Stringent automotive active safety regulations the major factor driving the growth of the Asia Pacific Automotive Backing Plate market. However, issues associated with high development and maintenance costs the growth of Asia Pacific Automotive Backing Plate market.

The Asia Pacific Automotive Backing Plate market is segmented into brake types, brake material type, vehicle type, and country. Based on brake types, the market is bifurcated into disc brakes and drum brakes. In 2020, the drum brake segment held a larger market share. Based on brake material type, the market is segmented into aluminum, iron, and others. In 2020, the others segment held a largest market share. Based on vehicle type, the market is categorized into passenger cars, light commercial vehicle, and heavy commercial vehicle. In 2020, the passenger cars segment held a largest market share. Based on country, the Asia Pacific Automotive Backing Plate market is fragmented into Australia, China, India, Japan, South Korea, and Rest of APAC. The China is contributed a substantial share in 2020.

Super Circle, NUCAP,MAT Foundry Group Ltd, INDUS Marmara Auto Components Pvt ltd, Dorman Products, ORTHLINGHAUS-WERKE Gmbh, Sparex, RSB Tech solution and ACDelco are among the leading companies in the Asia Pacific Automotive Backing Plate market.

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. APAC Automotive Backing Plate Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 Asia Pacific (APAC) – PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. APAC Automotive Backing Plate Market – Key Industry Dynamics

5.1 Market Drivers

5.1.1 Stringent Automotive Active Safety Regulations

5.1.2 Enhanced Vehicle Safety with ABS and EBD

5.2 Market Restraints

5.2.1 High Development and Maintenance Costs

5.3 Market Opportunities

5.3.1 Regenerative Braking to Create Lucrative Opportunities in EV Ecosystem

5.4 Future Trends

5.4.1 Growing Demand for Automatic Braking Systems in Vehicles

5.5 Impact Analysis of Drivers and Restraints

6. Automotive Backing Plate Market – APAC Analysis

6.1 APAC Automotive Backing Plate Market Forecast and Analysis

7. APAC Automotive Backing Plate Market Revenue and Forecast to 2028 – Brake Types

7.1 Overview

7.2 Automotive Backing Plate Market, By Brake Types (2020 and 2028)

7.3 Disc Brake

7.3.1 Overview

7.3.2 Disc Brake: Automotive Backing Plate Market Revenue and Forecast To 2028 (US$ Million)

7.4 Drum Brake

7.4.1 Overview

7.4.2 Drum Brake: Automotive Backing Plate Market Revenue and Forecast To 2028 (US$ Million)

8. APAC Automotive Backing Plate Market Revenue and Forecast to 2028 – Brake Material Type

8.1 Overview

8.2 Automotive Backing Plate Market, By Brake Material Type (2020 and 2028)

8.3 Aluminium

8.3.1 Overview

8.3.2 Aluminum: Automotive Backing Plate Market Revenue and Forecast To 2028 (US$ Million)

8.4 Iron

8.4.1 Overview

8.4.2 Iron: Automotive Backing Plate Market Revenue and Forecast To 2028 (US$ Million)

8.5 Others

8.5.1 Overview

8.5.2 Others: Automotive Backing Plate Market Revenue and Forecast To 2028 (US$ Million)

9. APAC Automotive Backing Plate Market Revenue and Forecast to 2028 – Vehicle Type

9.1 Overview

9.2 Automotive Backing Plate Market, By Vehicle Type (2020 and 2028)

9.3 Passenger Cars

9.3.1 Overview

9.3.2 Passenger Cars: Automotive Backing Plate Market Revenue and Forecast To 2028 (US$ Million)

9.4 Light Commercial Vehicle

9.4.1 Overview

9.4.2 Light Commercial Vehicle: Automotive Backing Plate Market Revenue and Forecast To 2028 (US$ Million)

9.5 Heavy Commercial Vehicle

9.5.1 Overview

9.5.2 Heavy Commercial Vehicle: Automotive Backing Plate Market Revenue and Forecast To 2028 (US$ Million)

10. APAC Automotive Backing Plate Market – Country Analysis

10.1 APAC: Automotive Backing Plate Market

10.1.1 Overview

10.1.2 APAC Automotive Backing Plate Market Breakdown, by Country

10.1.3 PAC Automotive Backing Plate Market Breakdown, by Country

10.1.3.1 Australia Automotive Backing Plate Market, Revenue and Forecast to 2028 (US$ million)

10.1.3.1.1 Australia Automotive Backing Plate Market Breakdown, By Brake Types

10.1.3.1.2 Australia Automotive Backing Plate Market Breakdown, By Brake Material Type

10.1.3.1.3 Australia Automotive Backing Plate Market Breakdown, By Vehicle Type

10.1.3.2 China Automotive Backing Plate Market, Revenue and Forecast to 2028 (US$ million)

10.1.3.2.1 China Automotive Backing Plate Market Breakdown, By Brake Types

10.1.3.2.2 China Automotive Backing Plate Market Breakdown, By Brake Material Type

10.1.3.2.3 China Automotive Backing Plate Market Breakdown, By Vehicle Type

10.1.3.3 India Automotive Backing Plate Market, Revenue and Forecast to 2028 (US$ million)

10.1.3.3.1 India Automotive Backing Plate Market Breakdown, By Brake Types

10.1.3.3.2 India Automotive Backing Plate Market Breakdown, By Brake Material Type

10.1.3.3.3 India Automotive Backing Plate Market Breakdown, By Vehicle Type

10.1.3.4 Japan Automotive Backing Plate Market, Revenue and Forecast to 2028 (US$ million)

10.1.3.4.1 Japan Automotive Backing Plate Market Breakdown, By Brake Types

10.1.3.4.2 Japan Automotive Backing Plate Market Breakdown, By Brake Material Type

10.1.3.4.3 Japan Automotive Backing Plate Market Breakdown, By Vehicle Type

10.1.3.5 South Korea Automotive Backing Plate Market, Revenue and Forecast to 2028 (US$ million)

10.1.3.5.1 South Korea Automotive Backing Plate Market Breakdown, By Brake Types

10.1.3.5.2 South Korea Automotive Backing Plate Market Breakdown, By Brake Material Type

10.1.3.5.3 South Korea Automotive Backing Plate Market Breakdown, By Vehicle Type

10.1.3.6 Rest of APAC Automotive Backing Plate Market, Revenue and Forecast to 2028 (US$ million)

10.1.3.6.1 Rest of APAC Automotive Backing Plate Market Breakdown, By Brake Types

10.1.3.6.2 Rest of APAC Automotive Backing Plate Market Breakdown, By Brake Material Type

10.1.3.6.3 Rest of APAC Automotive Backing Plate Market Breakdown, By Vehicle Type

11. Industry Landscape

11.1 Market Initiative

11.2 New Development

12. Company Profiles

12.1 Super Circle

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 NUCAP

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 MAT Foundry Group 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 INDUS Marmara Auto Components Pvt 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 Dorman Products

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 ORTLINGHAUS-WERKE GmbH

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 Sparex

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 RSB Tech Solution

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 ACDelco

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 Glossary of Terms

LIST OF TABLES.

Table 1. APAC Automotive Backing Plate Market Revenue and Forecasts to 2028 (US$ Million)

Table 2. APAC Automotive Backing Plate Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 3. Australia Automotive Backing Plate Market, Revenue and Forecast to 2028 – By Brake Types (US$ million)

Table 4. Australia Automotive Backing Plate Market, Revenue and Forecast to 2028 – By Brake Material Type (US$ million)

Table 5. Australia Automotive Backing Plate Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ million)

Table 6. China Automotive Backing Plate Market, Revenue and Forecast to 2028 – By Brake Types (US$ million)

Table 7. China Automotive Backing Plate Market, Revenue and Forecast to 2028 – By Brake Material Type (US$ million)

Table 8. China Automotive Backing Plate Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ million)

Table 9. India Automotive Backing Plate Market, Revenue and Forecast to 2028 – By Brake Types (US$ million)

Table 10. India Automotive Backing Plate Market, Revenue and Forecast to 2028 – By Brake Material Type (US$ million)

Table 11. India Automotive Backing Plate Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ million)

Table 12. Japan Automotive Backing Plate Market, Revenue and Forecast to 2028 – By Brake Types (US$ million)

Table 13. Japan Automotive Backing Plate Market, Revenue and Forecast to 2028 – By Brake Material Type (US$ million)

Table 14. Japan Automotive Backing Plate Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ million)

Table 15. South Korea Automotive Backing Plate Market, Revenue and Forecast to 2028 – By Brake Types (US$ million)

Table 16. South Korea Automotive Backing Plate Market, Revenue and Forecast to 2028 – By Brake Material Type (US$ million)

Table 17. South Korea Automotive Backing Plate Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ million)

Table 18. Rest of APAC Automotive Backing Plate Market, Revenue and Forecast to 2028 – By Brake Types (US$ million)

Table 19. Rest of APAC Automotive Backing Plate Market, Revenue and Forecast to 2028 – By Brake Material Type (US$ million)

Table 20. Rest of APAC Automotive Backing Plate Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ million)

Table 21. Glossary of Term

LIST OF FIGURES.

Figure 1. APAC Automotive Backing Plate Market Segmentation

Figure 2. APAC Automotive Backing Plate Market Segmentation – By Country

Figure 3. APAC Automotive Backing Plate Market Overview

Figure 4. APAC Automotive Backing Plate Market – By Brake Types

Figure 5. APAC Automotive Backing Plate Market – By Country

Figure 6. Asia Pacific (APAC) – PEST Analysis

Figure 7. APAC Automotive Backing Plate Market– Ecosystem Analysis

Figure 8. APAC Expert Opinions

Figure 9. APAC Automotive Backing Plate Market: Impact Analysis of Drivers and Restraints

Figure 10. APAC Automotive Backing Plate Market Forecast and Analysis to 2028, US$ Million

Figure 11. APAC Automotive Backing Plate Market, By Brake Types (2020 and 2028)

Figure 12. APAC Disc Brake: Automotive Backing Plate Market Revenue and Forecast to 2028 (US$ Million)

Figure 13. APAC Drum Brake: Automotive Backing Plate Market Revenue and Forecast to 2028 (US$ Million)

Figure 14. APAC Automotive Backing Plate Market, By Brake Material Type (2020 and 2028)

Figure 15. APAC Aluminum: Automotive Backing Plate Market Revenue and Forecast to 2028 (US$ Million)

Figure 16. APAC Iron: Automotive Backing Plate Market Revenue and Forecast to 2028 (US$ Million)

Figure 17. APAC Others: Automotive Backing Plate Market Revenue and Forecast to 2028 (US$ Million)

Figure 18. APAC Automotive Backing Plate Market, By Vehicle Type (2020 and 2028)

Figure 19. APAC Passenger Cars: Automotive Backing Plate Market Revenue and Forecast to 2028 (US$ Million)

Figure 20. APAC Light Commercial Vehicle: Automotive Backing Plate Market Revenue and Forecast to 2028 (US$ Million)

Figure 21. APAC Heavy Commercial Vehicle: Automotive Backing Plate Market Revenue and Forecast to 2028 (US$ Million)

Figure 22. APAC Automotive Backing Plate Market Breakdown, by Country, 2020 & 2028 (%)

Figure 23. APAC Automotive Backing Plate Market Breakdown, by Country, 2020 & 2028 (%)

Figure 24. Australia Automotive Backing Plate Market, Revenue and Forecast To 2028 (US$ million)

Figure 25. China Automotive Backing Plate Market, Revenue and Forecast To 2028 (US$ million)

Figure 26. India Automotive Backing Plate Market, Revenue and Forecast To 2028 (US$ million)

Figure 27. Japan Automotive Backing Plate Market, Revenue and Forecast To 2028 (US$ million)

Figure 28. South Korea Automotive Backing Plate Market, Revenue and Forecast To 2028 (US$ million)

Figure 29. Rest of APAC Automotive Backing Plate Market, Revenue and Forecast To 2028 (US$ million)

The List of Companies - Asia Pacific Automotive Backing Plate Market

● Super Circle.

● NUCAP.

● MAT Foundry Group Ltd.

● INDUS Marmara Auto Components Pvt ltd.

● ORTHLINGHAUS-WERKE Gmbh.

● Sparex.

● RSB Tech solution.

● ACDelco.

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