ブレーキ摩擦製品市場(OEM、アフターマーケット) – 2032年までの世界予測

Brake Friction Products Market - Global Forecast to 2032

ブレーキ摩擦製品市場(OEM、アフターマーケット) - タイプ(ブレーキディスク、パッド、ドラム、シュー、ライナー、シム)、ディスクタイプ(金属、複合材、セラミック)、ライナータイプ(成形、織り)、車両タイプ(内燃機関、電気自動車、PHEV、OHV)、および地域別 - 2032年までの世界予測
Brake Friction Products Market (OEM, Aftermarket), by Type (Brake Disc, Pad, Drum, Shoe, Liner, Shim), Disc Type (Metallic, Composite, Ceramic), Liner Type (Molded, Woven), Vehicle Type (ICE, Electric, PHEV, OHV), and Region - Global Forecast to 2032

商品番号 : SMB-9283

出版社MarketsandMarkets
出版年月2025年5月
ページ数331
図表数423
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本レポートは、ブレーキ摩擦製品市場を、製品タイプ(ブレーキディスク、ブレーキパッド、ドラムブレーキ、ブレーキシュー、ブレーキライナー)、ライナータイプ(成形、織り)、材質(金属ディスク、複合ディスク、セラミックブレーキディスク)、車両タイプ(乗用車、小型商用車、トラック、バス)、オフハイウェイブレーキ摩擦製品(農業用トラクター、建設機械)、電気自動車用ブレーキ摩擦製品(BEVおよびPHEV)、アフターマーケットブレーキ摩擦製品(乗用車、LCV、HCV)、および地域の観点から分析しています。また、主要なブレーキ摩擦製品市場エコシステムプレーヤーの競争環境と企業プロファイルも網羅しています。

The global brake friction products market is projected to reach USD 15.52 billion in 2032 from USD 13.32 billion in 2025, at a CAGR of 2.2% from 2025 to 2032.

世界のブレーキ摩擦製品市場は、2025年の133億2,000万米ドルから2032年には155億2,000万米ドルに達し、2025年から2032年にかけて2.2%のCAGRで成長すると予測されています。

The growing penetration of EVs in China, the US, India, and Europe will drive the brake friction products market in the coming years. Additionally, the trucks and bus segment will contribute significantly to market demand, as an increase in miles driven by these vehicles increases the need for high-quality brake friction products. The aftermarket segment is also anticipated to be vital in driving demand for brake friction products. Demand for brake friction materials is predicted to rise due to increased vehicle production and demand for disc brakes in passenger automobiles. Furthermore, the rising usage of lightweight components has raised the demand for high-quality brake friction solutions and materials.

中国、米国、インド、そして欧州におけるEVの普及拡大は、今後数年間、ブレーキ摩擦材市場を牽引するでしょう。さらに、トラック・バス分野も市場需要に大きく貢献するでしょう。これらの車両の走行距離増加に伴い、高品質のブレーキ摩擦材に対する需要が高まっているからです。アフターマーケット分野も、ブレーキ摩擦材の需要拡大において重要な役割を果たすと予想されています。自動車生産台数の増加と乗用車におけるディスクブレーキの需要増加により、ブレーキ摩擦材の需要は増加すると予測されています。さらに、軽量部品の使用増加も、高品質のブレーキ摩擦材ソリューションと材料に対する需要を高めています。

ブレーキ摩擦製品市場(OEM、アフターマーケット) - 2032年までの世界予測
automotive-brake-friction-product-market-new

“Increasing vehicle parc & vehicle miles traveled to boost the aftermarket.”

The brake friction market relies on aftermarket sales due to the wear and tear of products that require periodic replacement. Growth is linked to the rising global vehicle population and increased average mileage, particularly in Europe, which rose from 10,000 miles in 2015 to nearly 14,000 in 2020. As a result, brake systems are under more stress, necessitating replacements, ideally every 30,000 to 70,000 miles. In the EU, disc brakes are standard in new passenger cars and heavy commercial vehicles due to strict regulations, a trend echoed in Asia. The surge in e-commerce also demands better braking for trucks. According to the OICA, global vehicle sales increased from 82.9 million in 2022 to 95.3 million in 2024, boosting the global passenger car population and driving demand for brake products.

“Battery Electric Vehicles (BEV) are expected to be the largest & fastest-growing market for brake friction products during the forecast period.”

BEVs have seen remarkable growth over the past five years, with sales reaching nearly 10.8 million units in 2024, up from 9.5 million in 2023. China leads the market, accounting for 60% of global BEV sales, followed by Europe and North America. Eco-friendly models are common in China and India, often featuring two-disc and two-drum braking systems. However, there is a shift toward all-disc systems in the mid-range segment due to rising demand for SUVs and premium vehicles. Regenerative braking technology is crucial, as it improves energy efficiency by converting kinetic energy into stored energy when braking. This reduces wear on traditional brake components and influences demand. Key trends include using ceramic and composite materials, sensor integration for predictive maintenance, and creating quieter, longer-lasting braking solutions.

ブレーキ摩擦製品市場(OEM、アフターマーケット) - 2032年までの世界予測 region
automotive-brake-friction-product-market-new-region

“Europe is expected to have a significant market share in the brake friction products market during the forecast period.”

Europe is home to developed countries like Germany, the UK, Spain, and France, which lead in automotive safety standards and technology. Over 95% of passenger cars are equipped with all four-disc brakes, while light commercial vehicles (LCVs) have about 65-70% of the same. The EU’s General Safety Regulation mandates advanced braking systems, such as Anti-lock Braking System (ABS) and Electronic Stability Control (ESC), for heavy-duty vehicles. The recent Euro 7 regulations also impose strict limits on brake dust emissions, requiring manufacturers to create advanced friction materials and coated rotors to reduce PM10 emissions to 7 mg/km by 2026 and 3 mg/km by 2035.

Countries like Germany, the UK, and France dominate the European automotive industry, led by major OEMs such as BMW, Daimler, and Volkswagen. With the rising focus on safety, there’s an increasing demand for high-performance brake friction products. This shift and the move toward electric vehicles (EVs) drive the need for lightweight and energy-efficient braking solutions.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.

  • By Company Type: Brake friction products manufacturers – 100%
  • By Designation: Directors – 30%, Managers – 50%, and Others – 20%
  • By Region: Asia Pacific – 70%, North America – 20%, Europe – 10%

The brake friction products market is dominated by major players, including Aisin Corporation (Japan), Brembo (Italy), Nisshinbo Holdings Inc. (Japan), and Tenneco (US). These companies are expanding their operations to strengthen their market positions.

ブレーキ摩擦製品市場(OEM、アフターマーケット) - 2032年までの世界予測 ecosystem
automotive-brake-friction-product-market-new-ecosystem

Research Coverage:

The report covers the brake friction products market in terms of product type (brake disc, brake pads, drum brake, brake shoe, brake liner), liner type (molded, woven), material (metallic disc, composite disc, ceramic brake disc), vehicle type (passenger car, light commercial vehicle, trucks, buses), off-highway brake friction products (agriculture tractors, construction equipment), electric vehicle brake friction products (BEV & PHEV), brake friction products aftermarket (passenger cars, LCVs, and HCVs) and region. It covers the competitive landscape and company profiles of the significant brake friction products market ecosystem players.

The study also includes an in-depth competitive analysis of the key market players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:

  • The report will help market leaders and new entrants with information on the closest approximations of revenue numbers for the overall brake friction products market and its subsegments.
  • This report will help stakeholders understand the competitive landscape and gain more insights, enabling them to position their businesses better and plan suitable go-to-market strategies.
  • The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
  • The report also helps stakeholders understand the product market’s current and future pricing trends.

The report provides insight into the following pointers:

  • Analysis of critical drivers (Increasing vehicle parc & vehicle miles traveled to boost the aftermarket, increase in vehicle production will fuel the demand for brake friction OE market, growing use of brakes due to traffic congestion to increase the demand for replacement units), restraints (improving the life of brake friction products to influence the demand for replacement units), opportunities (use of lightweight materials in brake friction products, eco-friendly, and non-toxic brake friction products to be new avenues of growth for brake manufacturers), and challenges (government regulations related to alloy composition of brake friction products, counterfeit brake friction products in the aftermarket).
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the brake friction products market.
  • Market Development: Comprehensive information about lucrative markets—the report analyzes the brake friction products market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the brake friction products market.
  • Competitive Assessment: In-depth assessment of market share, growth strategies, and service offerings of leading players in the brake friction products market, such as Robert Bosch GmbH (Germany), Aisin Corporation (Japan), Brembo (Italy), and Tenneco (US).

Table of Contents

1               INTRODUCTION              30

1.1           STUDY OBJECTIVES       30

1.2           MARKET DEFINITION   31

1.3           STUDY SCOPE   31

1.3.1        MARKET SEGMENTATION & REGIONAL SCOPE 31

1.3.2        INCLUSIONS & EXCLUSIONS       32

1.3.3        YEARS CONSIDERED      32

1.4           CURRENCY CONSIDERED            33

1.5           SUMMARY OF CHANGES               33

1.6           STAKEHOLDERS               34

2               RESEARCH METHODOLOGY       35

2.1           RESEARCH DATA              35

2.1.1        SECONDARY DATA          36

2.1.1.1    Key secondary sources         37

2.1.1.2    Key data from secondary sources       38

2.1.2        PRIMARY DATA 38

2.1.2.1    Sampling techniques & data collection methods              40

2.2           MARKET SIZE ESTIMATION         40

2.2.1        BOTTOM-UP APPROACH              42

2.2.2        TOP-DOWN APPROACH                45

2.3           FACTOR ANALYSIS          46

2.4           MARKET BREAKDOWN AND DATA TRIANGULATION                 47

2.5           RESEARCH LIMITATIONS             47

2.6           RISK & IMPACT ANALYSIS            48

3               EXECUTIVE SUMMARY  50

4               PREMIUM INSIGHTS       53

4.1           ATTRACTIVE OPPORTUNITIES IN EV BRAKE FRICTION PRODUCTS MARKET      53

4.2           BRAKE FRICTION PRODUCTS MARKET, BY TYPE                 53

4.3           BRAKE FRICTION PRODUCTS AFTERMARKET, BY VEHICLE TYPE  54

4.4           BRAKE LINERS MARKET, BY TYPE             54

4.5           BRAKE DISCS MARKET, BY MATERIAL    55

4.6           OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET, BY APPLICATION 55

4.7           ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE        56

4.8           BRAKE FRICTION PRODUCTS MARKET, BY REGION                 56

4.9           BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION                57

5               MARKET OVERVIEW       58

5.1           INTRODUCTION              58

5.2           MARKET DYNAMICS       59

5.2.1        DRIVERS               60

5.2.1.1    Increasing vehicle parc & vehicle miles traveled to boost aftermarket sales  60

5.2.1.2    Rising vehicle production to fuel demand for OE brake friction products 61

5.2.1.2.1 Growing demand for passenger cars and commercial vehicles                 61

5.2.1.2.2 Stopping distance for light and heavy-duty vehicles       62

5.2.1.2.3 Enhanced vehicle safety with ABS and EBD   64

5.2.1.3    Increasing demand for construction equipment and off-highway vehicles  64

5.2.1.4    Brake wear and tears due to traffic congestion to increase demand for replacements   65

5.2.2        RESTRAINTS      66

5.2.2.1    Increased life of brake friction products to affect demand for replacements         66

5.2.3        OPPORTUNITIES              67

5.2.3.1    Use of lightweight materials in brake friction products 67

5.2.3.1.1 Composite brake disc provides weight reduction by 20%                 68

5.2.3.2    Eco-friendly and non-toxic brake friction products        68

5.2.3.3    Development of products to meet Euro 7 regulations    68

5.2.4        CHALLENGES    69

5.2.4.1    Government regulations related to alloy composition of brake

friction products   69

5.2.4.2    Counterfeit brake friction products in aftermarket         69

5.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES       70

5.4           PRICING ANALYSIS          70

5.4.1        PASSENGER CARS: AVERAGE SELLING PRICE TREND,

BY TYPE OF BRAKE FRICTION PRODUCT              70

5.4.2        LIGHT COMMERCIAL VEHICLES: AVERAGE SELLING PRICE TREND,

BY TYPE OF BRAKE FRICTION PRODUCT              71

5.4.3        HEAVY COMMERCIAL VEHICLES: AVERAGE SELLING PRICE TREND,

BY TYPE OF BRAKE FRICTION PRODUCT              72

5.4.4        AVERAGE SELLING PRICE TREND OF BRAKE SHIMS, BY VEHICLE TYPE  73

5.5           VALUE CHAIN ANALYSIS               74

5.6           BRAKE FRICTION PRODUCTS MARKET ECOSYSTEM                 76

5.7           INVESTMENT SCENARIO              76

5.8           TECHNOLOGY ANALYSIS             77

5.8.1        KEY TECHNOLOGIES     77

5.8.1.1    Front electric park brake (EPB)         77

5.8.1.2    Lightweight rotor brakes     77

5.8.2        COMPLEMENTARY TECHNOLOGIES       78

5.8.2.1    Brake-by-wire technology   78

5.8.3        ADJACENT TECHNOLOGIES       78

5.8.3.1    Copper-free XTRA brake pads           78

5.8.3.2    WECODUR          78

5.9           PATENT ANALYSIS          79

5.10         TRADE ANALYSIS             83

5.10.1      IMPORT SCENARIO, 2020–2024    83

5.10.2      EXPORT DATA, 2020–2024              85

5.11         KEY CONFERENCES AND EVENTS IN 2025–2026   87

5.12         CASE STUDY ANALYSIS 88

5.12.1      CASE STUDY 1: BREMBO ADOPTS MODEL-BASED SYSTEMS ENGINEERING

TO DESIGN ACTUATORS              88

5.12.2      CASE STUDY 2: HYUNDAI I30 IMPLEMENTS HIGH-PERFORMANCE BRAKING            89

5.12.3      CASE STUDY 3: APEC AUTOMOTIVE DIAGNOSES PREMATURE WEAR OF

OUTER BRAKE PADS      89

5.13         REGULATORY LANDSCAPE         90

5.13.1      BRAKE FRICTION STANDARDS  90

5.13.2      VEHICLE SAFETY STANDARDS  92

5.13.3      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             93

5.13.3.1  North America      93

5.13.3.2  Europe   94

5.13.3.3  Asia Pacific            95

5.14         KEY STAKEHOLDERS AND BUYING CRITERIA     96

5.14.1      CRITICAL STAKEHOLDERS IN BUYING PROCESS                 96

5.14.2      BUYING CRITERIA           97

6               BRAKE FRICTION PRODUCTS MARKET, BY TYPE                 98

6.1           INTRODUCTION              99

6.2           BRAKE DISCS     101

6.2.1        INCREASINGLY STRINGENT SAFETY NORMS TO DRIVE MARKET               101

6.3           BRAKE PADS      103

6.3.1        INCREASING DEMAND FOR SAFETY, PERFORMANCE, AND CONTROL

TO DRIVE MARKET         103

6.4           BRAKE DRUMS  105

6.4.1        RISING SALES OF COMMERCIAL VEHICLES TO DRIVE MARKET               105

6.5           BRAKE SHOES   106

6.5.1        RISING SALES OF HCVS TO PROPEL MARKET      106

6.6           BRAKE LINERS  108

6.6.1        ADVANCEMENTS IN BRAKE LINER MATERIAL TO PROPEL MARKET             108

6.7           BRAKE SHIMS    109

6.7.1        NEED FOR REDUCING NVH LEVELS IN VEHICLES WHILE BRAKING

TO DRIVE MARKET         109

6.7.2        BRAKE SHIMS MARKET FOR KEY COUNTRIES     111

6.8           INDUSTRY INSIGHTS     112

7               BRAKE LINERS MARKET, BY TYPE             113

7.1           INTRODUCTION              114

7.2           MOLDED BRAKE LINERS               115

7.2.1        RISING USE OF NATURAL ASBESTOS FIBERS IN MOLDED BRAKE LINERS

TO DRIVE MARKET         115

7.3           WOVEN BRAKE LINERS 117

7.3.1        RISING PRODUCTION OF HCVS TO PROPEL MARKET GROWTH             117

7.4           INDUSTRY INSIGHTS     118

8               BRAKE DISCS MARKET, BY MATERIAL    119

8.1           INTRODUCTION              120

8.2           METALLIC DISCS              122

8.2.1        LOW COST AND THERMAL STABILITY TO DRIVE MARKET               122

8.3           COMPOSITE DISCS          123

8.3.1        INCREASING DEMAND FOR MID-SEGMENT CARS TO DRIVE MARKET 123

8.4           CERAMIC DISCS                125

8.4.1        GROWING USE OF CERAMIC DISCS IN SPORTS CARS AND SUPERCARS

TO DRIVE MARKET         125

8.5           INDUSTRY INSIGHTS     126

9               BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE     127

9.1           INTRODUCTION              128

9.2           PASSENGER CARS             130

9.2.1        INCREASING SHIFT TOWARD SAFETY STANDARDS TO DRIVE MARKET 130

9.3           LIGHT COMMERCIAL VEHICLES (LCVS)                 131

9.3.1        GROWING E-COMMERCE AND LOGISTICS INDUSTRIES TO DRIVE MARKET         131

9.4           TRUCKS                133

9.4.1        INCREASING REGULATIONS AND MANDATES TO DRIVE MARKET               133

9.5           BUSES   135

9.5.1        GROWING FOCUS ON ADVANCED EMERGENCY BRAKING SYSTEMS

TO DRIVE MARKET         135

9.6           INDUSTRY INSIGHTS     136

10            OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET,

BY APPLICATION             137

10.1         INTRODUCTION              138

10.2         AGRICULTURE TRACTORS           140

10.2.1      DRY BRAKE DISCS            142

10.2.1.1  Higher preference for lower HP tractors to drive market                 142

10.2.2      WET BRAKE DISCS           143

10.2.2.1  Stringent safety regulations to drive market    143

10.3         CONSTRUCTION EQUIPMENT   144

10.3.1      DRY BRAKE DISCS            146

10.3.1.1  Low cost and maintenance to drive market      146

10.3.2      WET BRAKE DISCS           147

10.3.2.1  Higher durability and non-exposure to contaminators to drive market    147

10.4         INDUSTRY INSIGHTS     148

11            ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE        149

11.1         INTRODUCTION              150

11.2         BATTERY ELECTRIC VEHICLES (BEVS)  153

11.2.1      NEED TO ADHERE TO EMISSION STANDARDS TO DRIVE MARKET               153

11.3         PLUG-IN HYBRID ELECTRIC VEHICLES (PHEVS)                 155

11.3.1      GOVERNMENT SUBSIDIES AND TAX EXEMPTIONS TO DRIVE MARKET 155

11.4         INDUSTRY INSIGHTS     156

12            BRAKE FRICTION PRODUCTS AFTERMARKET,

BY VEHICLE TYPE & PRODUCT TYPE      157

12.1         INTRODUCTION              158

12.2         PASSENGER CARS             160

12.2.1      INCREASING BRAKE PAD REPLACEMENTS TO DRIVE MARKET               160

12.3         LIGHT COMMERCIAL VEHICLES (LCVS)                 161

12.3.1      RISE IN SALES OF PICKUP TRUCKS AND FAVORABLE INFRASTRUCTURE

PROJECTS TO DRIVE MARKET   161

12.4         HEAVY COMMERCIAL VEHICLES (HCVS)               163

12.4.1      GROWING PUBLIC AND URBAN TRANSPORTATION TO DRIVE MARKET 163

12.5         INDUSTRY INSIGHTS     165

13            BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION                166

13.1         INTRODUCTION              167

13.2         ASIA PACIFIC     169

13.2.1      MACROECONOMIC OUTLOOK  172

13.2.2      CHINA  175

13.2.2.1  Emission norms and regulations regarding stopping distance

to drive market      175

13.2.3      JAPAN   177

13.2.3.1  Increase in sales of passenger cars and LCVs to support market growth    177

13.2.4      SOUTH KOREA  179

13.2.4.1  Increasing average miles driven owing to improved life span of vehicles

to drive market      179

13.2.5      INDIA    181

13.2.5.1  Increase in vehicle parc and average miles driven to drive market                 181

13.3         EUROPE               183

13.3.1      MACROECONOMIC OUTLOOK  186

13.3.2      GERMANY           190

13.3.2.1  Increasing penetration of disc brakes in HCVs to boost market                 190

13.3.3      FRANCE                192

13.3.3.1  Increasing penetration of disc brakes to drive market    192

13.3.4      UK          193

13.3.4.1  Increasing adoption of disc brakes in LCVs and HCVs to drive market    193

13.3.5      SPAIN    195

13.3.5.1  Advancements in brake systems to contribute to market growth                 195

13.4         NORTH AMERICA             197

13.4.1      MACROECONOMIC OUTLOOK  201

13.4.2      US           203

13.4.2.1  Regulations to reduce stopping distance in commercial vehicles

to propel market   203

13.4.3      MEXICO                205

13.4.3.1  Demand for asbestos-free brake pads to spur market growth                 205

13.4.4      CANADA               207

13.4.4.1  OE-recommended replacement miles for friction products to drive

the market              207

13.5         REST OF THE WORLD    208

13.5.1      MACROECONOMIC OUTLOOK  210

13.5.2      RUSSIA 212

13.5.2.1  Increasing adoption of disc brakes in LCVs to drive market                 212

13.5.3      BRAZIL 214

13.5.3.1  Numerous OES and IAM players to drive market           214

13.6         INDUSTRY INSIGHTS     215

14            COMPETITIVE LANDSCAPE         216

14.1         OVERVIEW          216

14.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            216

14.2.1      OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN BRAKE FRICTION

PRODUCTS MARKET      216

14.3         REVENUE ANALYSIS, 2021–2024  218

14.4         MARKET SHARE ANALYSIS, 2024                 220

14.5         COMPANY VALUATION 221

14.6         FINANCIAL METRICS, 2025            221

14.7         BRAND/PRODUCT COMPARISON             222

14.8         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 223

14.8.1      STARS   223

14.8.2      EMERGING LEADERS     223

14.8.3      PERVASIVE PLAYERS      223

14.8.4      PARTICIPANTS 223

14.8.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         225

14.8.5.1  Company footprint               225

14.8.5.2  Region footprint   226

14.8.5.3  Product footprint  227

14.8.5.4  Material footprint 228

14.8.5.5  Vehicle type footprint          229

14.9         COMPANY EVALUATION MATRIX: AFTERMARKET PLAYERS, 2024   230

14.9.1      STARS   230

14.9.2      EMERGING LEADERS     230

14.9.3      PERVASIVE PLAYERS      230

14.9.4      PARTICIPANTS 230

14.9.5      COMPANY FOOTPRINT: AFTERMARKET PLAYERS, 2024                 232

14.9.5.1  Company footprint               232

14.9.5.2  Electric vehicle type footprint             233

14.9.5.3  ICE vehicle type footprint   234

14.9.5.4  Brake friction product type footprint                 235

14.10       SUPPLIER ANALYSIS       236

14.10.1   BRAKE PAD SUPPLIERS TO AUTOMAKERS            236

14.10.2   BRAKE ROTOR SUPPLIERS TO AUTOMAKERS     236

14.10.3   BRAKE DRUM SUPPLIERS TO AUTOMAKERS       237

14.11       COMPETITIVE SCENARIO             237

14.11.1   PRODUCT LAUNCHES   237

14.11.2   DEALS  242

14.11.3   EXPANSIONS     245

14.11.4   OTHER DEVELOPMENTS              246

15            COMPANY PROFILES      247

15.1         KEY PLAYERS     247

15.1.1      AISIN CORPORATION    247

15.1.1.1  Business overview 247

15.1.1.2  Products offered   248

15.1.1.3  Recent developments           249

15.1.1.3.1                Product launches  249

15.1.1.3.2                Deals      250

15.1.1.3.3                Other developments             251

15.1.1.4  MnM view              252

15.1.1.4.1                Key strengths        252

15.1.1.4.2                Strategic choices   252

15.1.1.4.3                Weaknesses & competitive threats     252

15.1.2      ZF FRIEDRICHSHAFEN AG            253

15.1.2.1  Business overview 253

15.1.2.2  Products offered   254

15.1.2.3  Recent developments           255

15.1.2.3.1                Product launches  255

15.1.2.3.2                Deals      256

15.1.2.3.3                Other developments             257

15.1.2.4  MnM view              257

15.1.2.4.1                Key strengths        257

15.1.2.4.2                Strategic choices   257

15.1.2.4.3                Weaknesses & competitive threats     258

15.1.3      BREMBO S.P.A   259

15.1.3.1  Business overview 259

15.1.3.2  Products offered   260

15.1.3.3  Recent developments           261

15.1.3.3.1                Product launches  261

15.1.3.3.2                Deals      263

15.1.3.3.3                Expansions             263

15.1.3.3.4                Other developments             264

15.1.3.4  MnM view              264

15.1.3.4.1                Key strengths        264

15.1.3.4.2                Strategic choices   264

15.1.3.4.3                Weaknesses & competitive threats     265

15.1.4      TENNECO INC. 266

15.1.4.1  Business overview 266

15.1.4.2  Products offered   266

15.1.4.3  Recent developments           268

15.1.4.3.1                Product launches  268

15.1.4.3.2                Deals      269

15.1.4.4  MnM view              269

15.1.4.4.1                Key strengths        269

15.1.4.4.2                Strategic choices   269

15.1.4.4.3                Weaknesses & competitive threats     269

15.1.5      NISSHINBO HOLDINGS INC.        270

15.1.5.1  Business overview 270

15.1.5.2  Products offered   271

15.1.5.3  Recent developments           272

15.1.5.3.1                Product launches  272

15.1.5.3.2                Deals      272

15.1.5.3.3                Other developments             273

15.1.5.4  MnM view              273

15.1.5.4.1                Key strengths        273

15.1.5.4.2                Strategic choices   273

15.1.5.4.3                Weaknesses & competitive threats     273

15.1.6      ROBERT BOSCH GMBH 274

15.1.6.1  Business overview 274

15.1.6.2  Products offered   276

15.1.6.3  Recent developments           278

15.1.6.3.1                Product launches  278

15.1.6.3.2                Deals      279

15.1.6.3.3                Expansions             280

15.1.6.4  MnM view              280

15.1.6.4.1                Key strengths        280

15.1.6.4.2                Strategic choices   281

15.1.6.4.3                Weaknesses & competitive threats     281

15.1.7      AKEBONO BRAKE INDUSTRY CO., LTD. 282

15.1.7.1  Business overview 282

15.1.7.2  Products offered   283

15.1.7.3  Recent developments           284

15.1.7.3.1                Product launches  284

15.1.7.3.2                Deals      285

15.1.7.3.3                Other developments             285

15.1.8      CONTINENTAL AG          286

15.1.8.1  Business overview 286

15.1.8.2  Products offered   287

15.1.8.3  Recent developments           288

15.1.8.3.1                Product launches  288

15.1.8.3.2                Deals      289

15.1.8.3.3                Expansions             289

15.1.9      ITT INC.                290

15.1.9.1  Business overview 290

15.1.9.2  Products offered   291

15.1.9.3  Recent developments           292

15.1.9.3.1                Product launches  292

15.1.9.3.2                Deals      292

15.1.9.3.3                Expansions             292

15.1.9.3.4                Other developments             292

15.1.10   MIBA AG               293

15.1.10.1                 Business overview 293

15.1.10.2                 Products offered   294

15.1.10.3                 Recent developments           295

15.1.10.3.1             Expansions             295

15.1.11   SGL CARBON     296

15.1.11.1                 Business overview 296

15.1.11.2                 Products offered   297

15.1.11.3                 Recent developments           298

15.1.11.3.1             Expansions             298

15.1.12   CUMMINS INC.  299

15.1.12.1                 Business overview 299

15.1.12.2                 Products offered   300

15.1.12.3                 Recent developments           301

15.1.12.3.1             Product launches  301

15.1.12.3.2             Deals      302

15.1.12.3.3             Other developments             302

15.2         ADDITIONAL PLAYERS 303

15.2.1      HELLA GMBH & CO. KGAA           303

15.2.2      FTE AUTOMOTIVE          304

15.2.3      WUHAN YOUFIN AUTO PARTS CO., LTD.               305

15.2.4      EBC BRAKES       306

15.2.5      HITACHI ASTEMO LTD. 307

15.2.6      HALDEX               308

15.2.7      CARDONE INDUSTRIES 309

15.2.8      GMP FRICTION PRODUCTS         310

15.2.9      DELPHI TECHNOLOGIES              311

15.2.10   DURAGO              312

15.3         AFTERMARKET BRAKE SHIM MANUFACTURERS                 313

15.3.1      RAYBESTOS        313

15.3.2      POWERSTOP LLC             314

15.3.3      CARLISLE BRAKE & FRICTION    315

15.3.4      MAT HOLDING, INC.      316

15.3.5      POWERTECH AUTO PARTS CO. LTD.      317

16            MARKETSANDMARKETS’ RECOMMENDATIONS 318

16.1         GROWTH POTENTIAL IN ASIA PACIFIC FOR BRAKE FRICTION PRODUCTS   318

16.2         GROWING FOCUSING ON DISC BRAKES 318

16.3         GROWING DEMAND FOR HYDRAULIC WET BRAKES IN AGRICULTURAL TRACTORS        319

16.4         GROWING DEMAND FOR COMPOSITE DISC BRAKES IN PREMIUM CARS                 319

16.5         CONCLUSION    320

17            APPENDIX           321

17.1         INSIGHTS FROM INDUSTRY EXPERTS     321

17.2         DISCUSSION GUIDE        321

17.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                325

17.4         CUSTOMIZATION OPTIONS        327

17.4.1      OFF-HIGHWAY BRAKE FRICTION PRODUCTS MARKET, BY PRODUCT TYPE

(COUNTRY LEVEL)          327

17.4.1.1  Construction equipment: Brake friction products market                 327

17.4.1.1.1                Brake discs             327

17.4.1.1.2                Brake pads             327

17.4.1.1.3                Brake drums          327

17.4.1.1.4                Brake shoes            327

17.4.1.1.5                Brake liners            327

17.4.1.2  Agricultural tractors: Brake friction products market     327

17.4.1.2.1                Brake discs             327

17.4.1.2.2                Brake pads             327

17.4.1.2.3                Brake drums          327

17.4.1.2.4                Brake shoes            327

17.4.1.2.5                Brake liners            327

17.4.2      BRAKE FRICTION PRODUCTS OE MARKET, BY VEHICLE TYPE (COUNTRY LEVEL)              327

17.4.2.1  Passenger cars: Brake friction products market               327

17.4.2.1.1                Brake discs             327

17.4.2.1.2                Brake pads             327

17.4.2.1.3                Brake drums          327

17.4.2.1.4                Brake shoes            327

17.4.2.1.5                Brake liners            327

17.4.2.1.6                Brake shims           327

17.4.2.2  LCVs: Brake friction products market               328

17.4.2.2.1                Brake discs             328

17.4.2.2.2                Brake pads             328

17.4.2.2.3                Brake drums          328

17.4.2.2.4                Brake shoes            328

17.4.2.2.5                Brake liners            328

17.4.2.3  Buses: Brake friction products market              328

17.4.2.3.1                Brake discs             328

17.4.2.3.2                Brake pads             328

17.4.2.3.3                Brake drums          328

17.4.2.3.4                Brake shoes            328

17.4.2.3.5                Brake liners            328

17.4.2.4  Trucks: Brake friction products market            328

17.4.2.4.1                Brake discs             328

17.4.2.4.2                Brake pads             328

17.4.2.4.3                Brake drums          328

17.4.2.4.4                Brake shoes            328

17.4.2.4.5                Brake liners            328

17.4.3      DETAILED ANALYSIS AND PROFILING OF ADDITIONAL MARKET PLAYERS           328

17.5         RELATED REPORTS         329

17.6         AUTHOR DETAILS           330

LIST OF TABLES

TABLE 1                BRAKE FRICTION PRODUCTS MARKET: INCLUSIONS & EXCLUSIONS       32

TABLE 2                CURRENCY EXCHANGE RATES  33

TABLE 3                ANNUAL TIME SPENT IN TRAFFIC CONGESTION (HOURS), 2023   65

TABLE 4                VEHICLE WEIGHT REDUCTION TARGETS FOR LIGHT-DUTY ICE VEHICLES (2020–2050)                 67

TABLE 5                PASSENGER CARS: AVERAGE SELLING PRICE TREND OF BRAKE FRICTION PRODUCTS,

BY PRODUCT TYPE, 2020–2024 (USD)      71

TABLE 6                LIGHT COMMERCIAL VEHICLES: AVERAGE SELLING PRICE TREND OF BRAKE FRICTION PRODUCTS, BY PRODUCT TYPE, 2020–2024 (USD)             71

TABLE 7                HEAVY COMMERCIAL VEHICLES: AVERAGE SELLING PRICE OF BRAKE

FRICTION PRODUCTS, BY PRODUCT TYPE, 2022–2024 (USD)                 72

TABLE 8                AVERAGE SELLING PRICE TREND OF BRAKE SHIMS, BY VEHICLE TYPE,

2020–2024 (USD)                73

TABLE 9                APPLICATIONS AND PATENTS, 2021–2025                 80

TABLE 10              US: IMPORT DATA FOR HS CODE 870830, BY COUNTRY, 2020–2024 (USD THOUSAND)               83

TABLE 11              GERMANY: IMPORT DATA FOR HS CODE 870830, BY COUNTRY,

2020–2024 (USD THOUSAND)      84

TABLE 12              MEXICO: IMPORT DATA FOR HS CODE 870830, BY COUNTRY,

2019–2023 (USD THOUSAND)      84

TABLE 13              CANADA: IMPORT DATA FOR HS CODE 870830, BY COUNTRY,

2020–2024 (USD THOUSAND)      84

TABLE 14              FRANCE: IMPORT DATA FOR HS CODE 870830, BY COUNTRY,

2020–2024 (USD THOUSAND)      85

TABLE 15              CHINA: EXPORT DATA FOR HS CODE 870830, 2020–2024 (USD THOUSAND)      85

TABLE 16              GERMANY: EXPORT DATA FOR HS CODE 870830, 2020–2024 (USD THOUSAND)      86

TABLE 17              MEXICO: EXPORT DATA FOR HS CODE 870830, 2020–2024 (USD THOUSAND)      86

TABLE 18              US: EXPORT DATA FOR HS CODE 870830, 2020–2024 (USD THOUSAND) 86

TABLE 19              ITALY: EXPORT DATA FOR HS CODE 870830, 2020–2024 (USD THOUSAND)      87

TABLE 20              BRAKE FRICTION PRODUCTS MARKET: UPCOMING CONFERENCES AND EVENTS             87

TABLE 21              BRAKE FRICTION STANDARDS, BY COUNTRY/REGION         90

TABLE 22              VEHICLE SAFETY STANDARDS, BY COUNTRY/REGION         92

TABLE 23              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  93

TABLE 24              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           94

TABLE 25              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  95

TABLE 26              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR BRAKE FRICTION

PRODUCTS MARKET, BY PRODUCT TYPE (%)    96

TABLE 27              KEY BUYING CRITERIA FOR BRAKE FRICTION PRODUCTS MARKET      97

TABLE 28             BRAKE FRICTION PRODUCTS MARKET, BY TYPE, 2021–2024 (THOUSAND UNITS)  100

TABLE 29             BRAKE FRICTION PRODUCTS MARKET, BY TYPE, 2025–2032 (THOUSAND UNITS)  100

TABLE 30             BRAKE FRICTION PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)            100

TABLE 31             BRAKE FRICTION PRODUCTS MARKET, BY TYPE, 2025–2032 (USD MILLION)            101

TABLE 32              RECENT TECHNOLOGIES USED IN VEHICLES                 101

TABLE 33              BRAKE DISCS MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)      102

TABLE 34              BRAKE DISCS MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)      102

TABLE 35              BRAKE DISCS MARKET, BY REGION, 2021–2024 (USD MILLION) 102

TABLE 36              BRAKE DISCS MARKET, BY REGION, 2025–2032 (USD MILLION) 102

TABLE 37              EURO 7 NORMS FOR DIFFERENT VEHICLE TYPES   103

TABLE 38              BRAKE PADS MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)      103

TABLE 39              BRAKE PADS MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)      104

TABLE 40              BRAKE PADS MARKET, BY REGION, 2021–2024 (USD MILLION) 104

TABLE 41              BRAKE PADS MARKET, BY REGION, 2025–2032 (USD MILLION) 104

TABLE 42              BRAKE DRUMS MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)      105

TABLE 43              BRAKE DRUMS MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)      105

TABLE 44              BRAKE DRUMS MARKET, BY REGION, 2021–2024 (USD MILLION) 105

TABLE 45              BRAKE DRUMS MARKET, BY REGION, 2025–2032 (USD MILLION) 106

TABLE 46              BRAKE SHOES MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)      106

TABLE 47              BRAKE SHOES MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)      107

TABLE 48              BRAKE SHOES MARKET, BY REGION, 2021–2024 (USD MILLION) 107

TABLE 49              BRAKE SHOES MARKET, BY REGION, 2025–2032 (USD MILLION) 107

TABLE 50              BRAKE LINERS MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)      108

TABLE 51              BRAKE LINERS MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)      108

TABLE 52              BRAKE LINERS MARKET, BY REGION, 2021–2024 (USD MILLION) 108

TABLE 53              BRAKE LINERS MARKET, BY REGION, 2025–2032 (USD MILLION) 109

TABLE 54              VEHICLES OFFERING SHIM PADS              109

TABLE 55              BRAKE SHIMS MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)      110

TABLE 56              BRAKE SHIMS MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)      110

TABLE 57              BRAKE SHIMS MARKET, BY REGION, 2021–2024 (USD MILLION) 110

TABLE 58              BRAKE SHIMS MARKET, BY REGION, 2025–2032 (USD MILLION) 110

TABLE 59              BRAKE SHIMS MARKET, BY COUNTRY, 2021–2024 (THOUSAND UNITS)      111

TABLE 60              BRAKE SHIMS MARKET, BY COUNTRY, 2025–2032 (THOUSAND UNITS)      111

TABLE 61              BRAKE SHIMS MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 111

TABLE 62              BRAKE SHIMS MARKET, BY COUNTRY, 2025–2032 (USD MILLION) 112

TABLE 63              BRAKE LINERS MARKET, BY TYPE, 2021–2024 (MILLION UNITS)             114

TABLE 64              BRAKE LINERS MARKET, BY TYPE, 2025–2032 (MILLION UNITS)             115

TABLE 65              BRAKE LINERS MARKET, BY TYPE, 2021–2024 (USD MILLION) 115

TABLE 66              BRAKE LINERS MARKET, BY TYPE, 2025–2032 (USD MILLION) 115

TABLE 67              MOLDED BRAKE LINERS MARKET, BY REGION, 2021–2024 (MILLION UNITS)        116

TABLE 68              MOLDED BRAKE LINERS MARKET, BY REGION, 2025–2032 (MILLION UNITS)        116

TABLE 69              MOLDED BRAKE LINERS MARKET, BY REGION, 2021–2024 (USD MILLION)            116

TABLE 70              MOLDED BRAKE LINERS MARKET, BY REGION, 2025–2032 (USD MILLION)            116

TABLE 71              WOVEN BRAKE LINERS MARKET, BY REGION, 2021–2024 (MILLION UNITS)        117

TABLE 72              WOVEN BRAKE LINERS MARKET, BY REGION, 2025–2032 (MILLION UNITS)        117

TABLE 73              WOVEN BRAKE LINERS MARKET, BY REGION, 2021–2024 (USD MILLION)            118

TABLE 74              WOVEN BRAKE LINERS MARKET, BY REGION, 2025–2032 (USD MILLION)            118

TABLE 75              BRAKE DISCS MARKET, BY MATERIAL TYPE, 2021–2024 (MILLION UNITS)        121

TABLE 76              BRAKE DISCS MARKET, BY MATERIAL TYPE, 2025–2032 (MILLION UNITS)        121

TABLE 77              BRAKE DISCS MARKET, BY MATERIAL TYPE, 2021–2024 (USD MILLION)            121

TABLE 78              BRAKE DISCS MARKET, BY MATERIAL TYPE, 2025–2032 (USD MILLION)            121

TABLE 79              METALLIC DISCS MARKET, BY REGION, 2021–2024 (MILLION UNITS)  122

TABLE 80              METALLIC DISCS MARKET, BY REGION, 2025–2032 (MILLION UNITS)  122

TABLE 81              METALLIC DISCS MARKET, BY REGION, 2021–2024 (USD MILLION)       123

TABLE 82              METALLIC DISCS MARKET, BY REGION, 2025–2032 (USD MILLION)       123

TABLE 83              COMPOSITE DISCS MARKET, BY REGION, 2021–2024 (MILLION UNITS)  124

TABLE 84              COMPOSITE DISCS MARKET, BY REGION, 2025–2032 (MILLION UNITS)  124

TABLE 85              COMPOSITE DISCS MARKET, BY REGION, 2021–2024 (USD MILLION)       124

TABLE 86              COMPOSITE DISCS MARKET, BY REGION, 2025–2032 (USD MILLION)       124

TABLE 87              CERAMIC DISCS MARKET, BY REGION, 2021–2024 (MILLION UNITS)             125

TABLE 88              CERAMIC DISCS MARKET, BY REGION, 2025–2032 (MILLION UNITS)             125

TABLE 89              CERAMIC DISCS MARKET, BY REGION, 2021–2024 (USD MILLION) 126

TABLE 90              CERAMIC DISCS MARKET, BY REGION, 2025–2032 (USD MILLION) 126

TABLE 91              BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE, 2021–2024 (THOUSAND UNITS) 128

TABLE 92              BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE, 2025–2032 (THOUSAND UNITS) 129

TABLE 93              BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)            129

TABLE 94              BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)            129

TABLE 95              PASSENGER CARS: BRAKE FRICTION PRODUCTS MARKET,

BY REGION, 2021–2024 (THOUSAND UNITS)         130

TABLE 96              PASSENGER CARS: BRAKE FRICTION PRODUCTS MARKET,

BY REGION, 2025–2032 (THOUSAND UNITS)         130

TABLE 97              PASSENGER CARS: BRAKE FRICTION PRODUCTS MARKET,

BY REGION, 2021–2024 (USD MILLION)   131

TABLE 98              PASSENGER CARS: BRAKE FRICTION PRODUCTS MARKET,

BY REGION, 2025–2032 (USD MILLION)   131

TABLE 99              LIGHT COMMERCIAL VEHICLES: BRAKE FRICTION PRODUCTS MARKET,

BY REGION, 2021–2024 (THOUSAND UNITS)         132

TABLE 100            LIGHT COMMERCIAL VEHICLES: BRAKE FRICTION PRODUCTS MARKET,

BY REGION, 2025–2032 (THOUSAND UNITS)         132

TABLE 101            LIGHT COMMERCIAL VEHICLES: BRAKE FRICTION PRODUCTS MARKET,

BY REGION, 2021–2024 (USD MILLION)   132

TABLE 102            LIGHT COMMERCIAL VEHICLES: BRAKE FRICTION PRODUCTS MARKET,

BY REGION, 2025–2032 (USD MILLION)   133

TABLE 103          TRUCKS: BRAKE FRICTION PRODUCTS MARKET, BY REGION,

2021–2024 (THOUSAND UNITS)  134

TABLE 104          TRUCKS: BRAKE FRICTION PRODUCTS MARKET, BY REGION,

2025–2032 (THOUSAND UNITS)  134

TABLE 105          TRUCKS: BRAKE FRICTION PRODUCTS MARKET, BY REGION, 2021–2024 (USD MILLION)   134

TABLE 106          TRUCKS: BRAKE FRICTION PRODUCTS MARKET, BY REGION, 2025–2032 (USD MILLION)   134

TABLE 107            BUSES: BRAKE FRICTION PRODUCTS MARKET, BY REGION,

2021–2024 (THOUSAND UNITS)  135

TABLE 108            BUSES: BRAKE FRICTION PRODUCTS MARKET, BY REGION,

2025–2032 (THOUSAND UNITS)  135

TABLE 109            BUSES: BRAKE FRICTION PRODUCTS MARKET, BY REGION, 2021–2024 (USD MILLION)   136

TABLE 110            BUSES: BRAKE FRICTION PRODUCTS MARKET, BY REGION, 2025–2032 (USD MILLION)   136

TABLE 111            OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET,

BY APPLICATION, 2021–2024 (MILLION UNITS)  138

TABLE 112            OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET,

BY APPLICATION, 2025–2032 (MILLION UNITS)  139

TABLE 113            OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET,

BY APPLICATION, 2021–2024 (USD MILLION)       139

TABLE 114            OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET,

BY APPLICATION, 2025–2032 (USD MILLION)       139

TABLE 115            AGRICULTURAL TRACTORS: OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET, BY REGION, 2021–2024 (MILLION UNITS)        140

TABLE 116            AGRICULTURAL TRACTORS: OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET, BY REGION, 2025–2032 (MILLION UNITS)        140

TABLE 117            AGRICULTURAL TRACTORS: OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET, BY REGION, 2021–2024 (USD MILLION)            141

TABLE 118            AGRICULTURAL TRACTORS: OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET, BY REGION, 2025–2032 (USD MILLION)            141

TABLE 119            AGRICULTURAL TRACTORS: OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET, BY TYPE, 2021–2024 (MILLION UNITS)        141

TABLE 120            AGRICULTURAL TRACTORS: OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET, BY TYPE, 2025–2032 (MILLION UNITS)        142

TABLE 121            AGRICULTURAL TRACTORS: DRY BRAKE DISCS MARKET,

BY REGION, 2021–2024 (MILLION UNITS)               142

TABLE 122            AGRICULTURAL TRACTORS: DRY BRAKE DISCS MARKET,

BY REGION, 2025–2032 (MILLION UNITS)               143

TABLE 123            AGRICULTURAL TRACTORS: WET BRAKE DISCS MARKET,

BY REGION, 2021–2024 (MILLION UNITS)               143

TABLE 124            AGRICULTURAL TRACTORS: WET BRAKE DISCS MARKET,

BY REGION, 2025–2032 (MILLION UNITS)               144

TABLE 125            CONSTRUCTION EQUIPMENT: OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET, BY REGION, 2021–2024 (MILLION UNITS)        144

TABLE 126            CONSTRUCTION EQUIPMENT: OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET, BY REGION, 2025–2032 (MILLION UNITS)        145

TABLE 127            CONSTRUCTION EQUIPMENT: OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET, BY REGION, 2021–2024 (USD MILLION)            145

TABLE 128            CONSTRUCTION EQUIPMENT: OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET, BY REGION, 2025–2032 (USD MILLION)            145

TABLE 129            CONSTRUCTION EQUIPMENT: BRAKE DISCS MARKET,

BY TYPE, 2021–2024 (MILLION UNITS)    146

TABLE 130            CONSTRUCTION EQUIPMENT: BRAKE DISCS MARKET,

BY TYPE, 2025–2032 (MILLION UNITS)    146

TABLE 131            CONSTRUCTION EQUIPMENT: DRY BRAKE DISCS MARKET,

BY REGION, 2021–2024 (MILLION UNITS)               146

TABLE 132            CONSTRUCTION EQUIPMENT: DRY BRAKE DISCS MARKET,

BY REGION, 2025–2032 (MILLION UNITS)               147

TABLE 133            CONSTRUCTION EQUIPMENT: WET BRAKE DISCS MARKET,

BY REGION, 2021–2024 (MILLION UNITS)               147

TABLE 134            CONSTRUCTION EQUIPMENT: WET BRAKE DISCS MARKET,

BY REGION, 2025–2032 (MILLION UNITS)               148

TABLE 135            ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET,

BY PRODUCT TYPE, 2021–2024 (THOUSAND UNITS)        151

TABLE 136            ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET,

BY PRODUCT TYPE, 2025–2032 (THOUSAND UNITS)        151

TABLE 137            ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET,

BY PRODUCT TYPE, 2021–2024 (USD MILLION)  151

TABLE 138            ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET,

BY PRODUCT TYPE, 2025–2032 (USD MILLION)  152

TABLE 139            ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET,

BY VEHICLE TYPE, 2021–2024 (THOUSAND UNITS)           152

TABLE 140            ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET,

BY VEHICLE TYPE, 2025–2032 (THOUSAND UNITS)           152

TABLE 141            ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET,

BY VEHICLE TYPE, 2021–2024 (USD MILLION)      153

TABLE 142            ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET,

BY VEHICLE TYPE, 2025–2032 (USD MILLION)      153

TABLE 143            BATTERY ELECTRIC VEHICLES (BEVS): BRAKE FRICTION PRODUCTS MARKET,

BY REGION, 2021–2024 (THOUSAND UNITS)         154

TABLE 144            BATTERY ELECTRIC VEHICLES (BEVS): BRAKE FRICTION PRODUCTS MARKET,

BY REGION, 2025–2032 (THOUSAND UNITS)         154

TABLE 145            BATTERY ELECTRIC VEHICLES (BEVS): BRAKE FRICTION PRODUCTS MARKET,

BY REGION, 2021–2024 (USD MILLION)   154

TABLE 146            BATTERY ELECTRIC VEHICLES (BEVS): BRAKE FRICTION PRODUCTS MARKET,

BY REGION, 2025–2032 (USD MILLION)   154

TABLE 147            PLUG-IN HYBRID ELECTRIC VEHICLES (PHEVS): BRAKE FRICTION PRODUCTS MARKET,

BY REGION, 2021–2024 (THOUSAND UNITS)         155

TABLE 148            PLUG-IN HYBRID ELECTRIC VEHICLES (PHEVS): BRAKE FRICTION PRODUCTS MARKET,

BY REGION, 2025–2032 (THOUSAND UNITS)         155

TABLE 149            PLUG-IN HYBRID ELECTRIC VEHICLES (PHEVS): BRAKE FRICTION PRODUCTS MARKET,

BY REGION, 2021–2024 (USD MILLION)   156

TABLE 150            PLUG-IN HYBRID ELECTRIC VEHICLES (PHEVS): BRAKE FRICTION PRODUCTS MARKET,

BY REGION, 2025–2032 (USD MILLION)   156

TABLE 151            BRAKE FRICTION PRODUCTS AFTERMARKET, BY VEHICLE TYPE,

2021–2024 (MILLION UNITS)        158

TABLE 152            BRAKE FRICTION PRODUCTS AFTERMARKET, BY VEHICLE TYPE,

2025–2032 (MILLION UNITS)        159

TABLE 153            BRAKE FRICTION PRODUCTS AFTERMARKET, BY VEHICLE TYPE,

2021–2024 (USD MILLION)            159

TABLE 154            BRAKE FRICTION PRODUCTS AFTERMARKET, BY VEHICLE TYPE,

2025–2032 (USD MILLION)            159

TABLE 155            PASSENGER CARS: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY TYPE, 2021–2024 (MILLION UNITS)    160

TABLE 156            PASSENGER CARS: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY TYPE, 2025–2032 (MILLION UNITS)    160

TABLE 157            PASSENGER CARS: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY TYPE, 2021–2024 (USD MILLION)         161

TABLE 158            PASSENGER CARS: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY TYPE, 2025–2032 (USD MILLION)         161

TABLE 159            LIGHT COMMERCIAL VEHICLES (LCVS): BRAKE FRICTION PRODUCTS AFTERMARKET,

BY TYPE, 2021–2024 (MILLION UNITS)    162

TABLE 160            LIGHT COMMERCIAL VEHICLES (LCVS): BRAKE FRICTION PRODUCTS AFTERMARKET,

BY TYPE, 2025–2032 (MILLION UNITS)    162

TABLE 161            LIGHT COMMERCIAL VEHICLES (LCVS): BRAKE FRICTION PRODUCTS AFTERMARKET,

BY TYPE, 2021–2024 (USD MILLION)         162

TABLE 162            LIGHT COMMERCIAL VEHICLES (LCVS): BRAKE FRICTION PRODUCTS AFTERMARKET,

BY TYPE, 2025–2032 (USD MILLION)         163

TABLE 163            HEAVY COMMERCIAL VEHICLES (HCVS): BRAKE FRICTION PRODUCTS AFTERMARKET,

BY PRODUCT, 2021–2024 (MILLION UNITS)          164

TABLE 164            HEAVY COMMERCIAL VEHICLES (HCVS): BRAKE FRICTION PRODUCTS AFTERMARKET,

BY PRODUCT, 2025–2032 (MILLION UNITS)          164

TABLE 165            HEAVY COMMERCIAL VEHICLES (HCVS): BRAKE FRICTION PRODUCTS AFTERMARKET,

BY PRODUCT, 2021–2024 (USD MILLION)               164

TABLE 166            HEAVY COMMERCIAL VEHICLES (HCVS): BRAKE FRICTION PRODUCTS AFTERMARKET,

BY PRODUCT, 2025–2032 (USD MILLION)               165

TABLE 167            BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION, 2021–2024 (MILLION UNITS)               168

TABLE 168            BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION, 2025–2032 (MILLION UNITS)               168

TABLE 169            BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION, 2021–2024 (USD MILLION)   168

TABLE 170            BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION, 2025–2032 (USD MILLION)   168

TABLE 171            ASIA PACIFIC: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY COUNTRY, 2021–2024 (MILLION UNITS)          171

TABLE 172            ASIA PACIFIC: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY COUNTRY, 2025–2032 (MILLION UNITS)          171

TABLE 173            ASIA PACIFIC: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY COUNTRY, 2021–2024 (USD MILLION)               171

TABLE 174            ASIA PACIFIC: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY COUNTRY, 2025–2032 (USD MILLION)               172

TABLE 175            MANUFACTURERS PROVIDING BRAKE PADS TO OEMS IN CHINA                175

TABLE 176            MANUFACTURERS PROVIDING BRAKE LINERS TO OEMS IN CHINA         175

TABLE 177            CHINA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (MILLION UNITS)        176

TABLE 178            CHINA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (MILLION UNITS)        176

TABLE 179            CHINA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (USD MILLION)            176

TABLE 180            CHINA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (USD MILLION)            177

TABLE 181            MANUFACTURERS PROVIDING DISC PADS TO OEMS IN JAPAN 177

TABLE 182            MANUFACTURERS PROVIDING DISC BRAKE CALIPERS TO OEMS IN JAPAN    178

TABLE 183            JAPAN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (MILLION UNITS)        178

TABLE 184            JAPAN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (MILLION UNITS)        178

TABLE 185            JAPAN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (USD MILLION)            179

TABLE 186            JAPAN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (USD MILLION)            179

TABLE 187            SOUTH KOREA: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY PRODUCT, 2021–2024 (MILLION UNITS)          180

TABLE 188            SOUTH KOREA: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY PRODUCT, 2025–2032 (MILLION UNITS)          180

TABLE 189            SOUTH KOREA: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY PRODUCT, 2021–2024 (USD MILLION)               180

TABLE 190            SOUTH KOREA: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY PRODUCT, 2025–2032 (USD MILLION)               181

TABLE 191            INDIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (MILLION UNITS)        182

TABLE 192            INDIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (MILLION UNITS)        182

TABLE 193            INDIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (USD MILLION)            182

TABLE 194            INDIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (USD MILLION)            183

TABLE 195            MANUFACTURERS PROVIDING DISC PADS TO OEMS IN EUROPE             184

TABLE 196            MANUFACTURERS PROVIDING BRAKE LINERS TO OEMS IN EUROPE     184

TABLE 197            EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY,

2021–2024 (MILLION UNITS)        185

TABLE 198            EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY,

2025–2032 (MILLION UNITS)        185

TABLE 199            EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY,

2021–2024 (USD MILLION)            186

TABLE 200            EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY,

2025–2032 (USD MILLION)            186

TABLE 201            GERMANY: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (MILLION UNITS)        190

TABLE 202            GERMANY: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (MILLION UNITS)        191

TABLE 203            GERMANY: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (USD MILLION)            191

TABLE 204            GERMANY: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (USD MILLION)            191

TABLE 205            FRANCE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (MILLION UNITS)        192

TABLE 206            FRANCE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (MILLION UNITS)        192

TABLE 207            FRANCE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (USD MILLION)            193

TABLE 208            FRANCE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (USD MILLION)            193

TABLE 209            UK: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (MILLION UNITS)        194

TABLE 210            UK: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (MILLION UNITS)        194

TABLE 211            UK: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (USD MILLION)            194

TABLE 212            UK: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (USD MILLION)            195

TABLE 213            SPAIN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (MILLION UNITS)        195

TABLE 214            SPAIN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (MILLION UNITS)        196

TABLE 215            SPAIN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (USD MILLION)            196

TABLE 216            SPAIN: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (USD MILLION)            196

TABLE 217            MANUFACTURERS PROVIDING BRAKE PADS TO OEMS IN AMERICA           198

TABLE 218            MANUFACTURERS PROVIDING BRAKE LINERS TO OEMS IN AMERICA   198

TABLE 219            NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY COUNTRY, 2021–2024 (MILLION UNITS)          199

TABLE 220            NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY COUNTRY, 2025–2032 (MILLION UNITS)          200

TABLE 221            NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY COUNTRY, 2021–2024 (USD MILLION)               200

TABLE 222            NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY COUNTRY, 2025–2032 (USD MILLION)               200

TABLE 223            US: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (MILLION UNITS)        204

TABLE 224            US: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (MILLION UNITS)        204

TABLE 225            US: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (USD MILLION)            204

TABLE 226            US: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (USD MILLION)            205

TABLE 227            MEXICO: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (MILLION UNITS)        205

TABLE 228            MEXICO: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (MILLION UNITS)        206

TABLE 229            MEXICO: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (USD MILLION)            206

TABLE 230            MEXICO: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (USD MILLION)            206

TABLE 231            CANADA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (MILLION UNITS)        207

TABLE 232            CANADA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (MILLION UNITS)        207

TABLE 233            CANADA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (USD MILLION)            208

TABLE 234            CANADA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (USD MILLION)            208

TABLE 235            REST OF THE WORLD: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY COUNTRY, 2021–2024 (MILLION UNITS)          209

TABLE 236            REST OF THE WORLD: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY COUNTRY, 2025–2032 (MILLION UNITS)          210

TABLE 237            REST OF THE WORLD: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY COUNTRY, 2021–2024 (USD MILLION)               210

TABLE 238            REST OF THE WORLD: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY COUNTRY, 2025–2032 (USD MILLION)               210

TABLE 239            RUSSIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (MILLION UNITS)        212

TABLE 240            RUSSIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (MILLION UNITS)        213

TABLE 241            RUSSIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (USD MILLION)            213

TABLE 242            RUSSIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (USD MILLION)            213

TABLE 243            BRAZIL: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (MILLION UNITS)        214

TABLE 244            BRAZIL: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2025–2032 (MILLION UNITS)        214

TABLE 245            BRAZIL: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT,

2021–2024 (USD MILLION)            215

TABLE 246            BRAZIL: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY PRODUCT, 2025–2032 (USD MILLION)               215

TABLE 247            OVERVIEW OF STRATEGIES DEPLOYED BY KEY COMPANIES       216

TABLE 248            BRAKE FRICTION PRODUCTS MARKET SHARE ANALYSIS, 2024  220

TABLE 249            BRAKE FRICTION PRODUCTS MARKET: REGION FOOTPRINT, 2024             226

TABLE 250            BRAKE FRICTION PRODUCTS MARKET: PRODUCT FOOTPRINT, 2024       227

TABLE 251            BRAKE FRICTION PRODUCTS MARKET: MATERIAL FOOTPRINT, 2024      228

TABLE 252            BRAKE FRICTION PRODUCTS MARKET: VEHICLE TYPE FOOTPRINT, 2024              229

TABLE 253            AFTERMARKET BRAKE FRICTION PRODUCTS MARKET:

ELECTRIC VEHICLE TYPE FOOTPRINT, 2024        233

TABLE 254            AFTERMARKET BRAKE FRICTION PRODUCTS MARKET:

ICE VEHICLE TYPE FOOTPRINT, 2024      234

TABLE 255            AFTERMARKET BRAKE FRICTION PRODUCTS MARKET:

BRAKE FRICTION PRODUCTS TYPE FOOTPRINT, 2024    235

TABLE 256            SUPPLIER ANALYSIS: BRAKE PAD MANUFACTURERS TO OEMS, 2022–2025 236

TABLE 257            SUPPLIER ANALYSIS: BRAKE ROTOR MANUFACTURERS TO OEMS, 2022–2025 236

TABLE 258            SUPPLIER ANALYSIS: BRAKE DRUM MANUFACTURERS TO OEMS, 2022–2025 237

TABLE 259            BRAKE FRICTION PRODUCTS MARKET: PRODUCT LAUNCHES, JUNE 2021–APRIL 2025     237

TABLE 260            BRAKE FRICTION PRODUCTS MARKET: DEALS, JUNE 2021–APRIL 2025    242

TABLE 261            BRAKE FRICTION PRODUCTS MARKET: EXPANSIONS, JUNE 2021–APRIL 2025        245

TABLE 262            BRAKE FRICTION PRODUCTS MARKET: OTHER DEVELOPMENTS, JUNE 2021–APRIL 2025                246

TABLE 263            AISIN CORPORATION: COMPANY OVERVIEW                 247

TABLE 264            AISIN CORPORATION: PRODUCTS OFFERED                 248

TABLE 265            AISIN CORPORATION: PRODUCT LAUNCHES                 249

TABLE 266            ASINI CORPORATION: DEALS    250

TABLE 267            AISIN CORPORATION: OTHER DEVELOPMENTS                 251

TABLE 268            ZF FRIEDRICHSHAFEN AG: COMPANY OVERVIEW          253

TABLE 269            ZF FRIEDRICHSHAFEN AG: PRODUCTS OFFERED             254

TABLE 270            ZF FRIEDRICHSHAFEN AG: PRODUCT LAUNCHES          255

TABLE 271            ZF FRIEDRICHSHAFEN AG: DEALS            256

TABLE 272            ZF FRIEDRICHSHAFEN AG: OTHER DEVELOPMENTS              257

TABLE 273            BREMBO S.P.A: COMPANY OVERVIEW    259

TABLE 274            BREMBO S.P.A: PRODUCTS OFFERED     260

TABLE 275            BREMBO S.P.A: PRODUCT LAUNCHES    261

TABLE 276            BREMBO S.P.A: DEALS   263

TABLE 277            BREMBO S.P.A.: EXPANSIONS     263

TABLE 278            BREMBO S.P.A.: OTHER DEVELOPMENTS                 264

TABLE 279            TENNECO INC.: COMPANY OVERVIEW  266

TABLE 280            TENNECO INC.: PRODUCTS OFFERED   266

TABLE 281            TENNECO INC.: PRODUCT LAUNCHES  268

TABLE 282            TENNECO INC.: DEALS  269

TABLE 283            NISSHINBO HOLDINGS INC.: COMPANY OVERVIEW          270

TABLE 284            NISSHINBO HOLDINGS INC.: PRODUCTS OFFERED             271

TABLE 285            NISSHINBO HOLDINGS INC.: PRODUCT LAUNCHES          272

TABLE 286            NISSHINBO HOLDINGS INC.: DEALS        272

TABLE 287            NISSHINBO HOLDINGS INC.: OTHER DEVELOPMENTS              273

TABLE 288            ROBERT BOSCH GMBH: COMPANY OVERVIEW                 274

TABLE 289            ROBERT BOSCH GMBH: PRODUCTS OFFERED                 276

TABLE 290            ROBERT BOSCH GMBH: PRODUCT LAUNCHES                 278

TABLE 291            ROBERT BOSCH GMBH: DEALS 279

TABLE 292            ROBERT BOSCH GMBH: EXPANSIONS    280

TABLE 293            AKEBONO BRAKE INDUSTRY CO., LTD.: COMPANY OVERVIEW   282

TABLE 294            AKEBONO BRAKE INDUSTRY CO., LTD.: PRODUCTS OFFERED    283

TABLE 295            AKEBONO BRAKE INDUSTRY CO., LTD.: PRODUCT LAUNCHES   284

TABLE 296            AKEBONO BRAKE INDUSTRY CO., LTD.: DEALS                 285

TABLE 297            AKEBONO BRAKE INDUSTRY CO., LTD.: OTHER DEVELOPMENTS              285

TABLE 298            CONTINENTAL AG: COMPANY OVERVIEW                 286

TABLE 299            CONTINENTAL AG: PRODUCTS OFFERED                 287

TABLE 300            CONTINENTAL AG: PRODUCT LAUNCHES                 288

TABLE 301            CONTINENTAL AG: DEALS          289

TABLE 302            CONTINENTAL AG: EXPANSIONS             289

TABLE 303            ITT INC.: COMPANY OVERVIEW                290

TABLE 304            ITT INC.: PRODUCTS OFFERED 291

TABLE 305            ITT INC.: PRODUCT LAUNCHES                 292

TABLE 306            ITT INC.: DEALS                292

TABLE 307            ITT INC.: EXPANSIONS  292

TABLE 308            ITT INC.: OTHER DEVELOPMENTS          292

TABLE 309            MIBA AG: COMPANY OVERVIEW               293

TABLE 310            MIBA AG: PRODUCTS OFFERED                294

TABLE 311            MIBA AG: EXPANSIONS 295

TABLE 312            SGL CARBON: BUSINESS OVERVIEW        296

TABLE 313            SGL CARBON: PRODUCTS OFFERED       297

TABLE 314            SGL CARBON: EXPANSIONS        298

TABLE 315            CUMMINS INC.: COMPANY OVERVIEW  299

TABLE 316            CUMMINS INC.: PRODUCTS OFFERED   300

TABLE 317            CUMMINS INC.: PRODUCT LAUNCHES   301

TABLE 318            CUMMINS INC.: DEALS  302

TABLE 319            CUMMINS INC.: OTHER DEVELOPMENTS                 302

TABLE 320            HELLA GMBH & CO. KGAA: COMPANY OVERVIEW          303

TABLE 321            FTE AUTOMOTIVE: COMPANY OVERVIEW                 304

TABLE 322            WUHAN YOUFIN AUTO PARTS CO., LTD.: COMPANY OVERVIEW   305

TABLE 323            EBC BRAKES: COMPANY OVERVIEW        306

TABLE 324            HITACHI ASTEMO LTD.: COMPANY OVERVIEW                 307

TABLE 325            HALDEX: COMPANY OVERVIEW                308

TABLE 326            CARDONE INDUSTRIES: COMPANY OVERVIEW                 309

TABLE 327            GMP FRICTION PRODUCTS: COMPANY OVERVIEW          310

TABLE 328            DELPHI TECHNOLOGIES: COMPANY OVERVIEW                 311

TABLE 329            DURAGO: COMPANY OVERVIEW               312

TABLE 330            RAYBESTOS: COMPANY OVERVIEW         313

TABLE 331            POWERSTOP LLC: COMPANY OVERVIEW                 314

TABLE 332            CARLISLE BRAKE & FRICTION: COMPANY OVERVIEW          315

TABLE 333            MAT HOLDING, INC.: COMPANY OVERVIEW                 316

TABLE 334            POWERTECH AUTO PARTS CO. LTD.: COMPANY OVERVIEW          317

LIST OF FIGURES

FIGURE 1              BRAKE FRICTION PRODUCTS MARKET SEGMENTATION & REGIONAL SCOPE    31

FIGURE 2              BRAKE FRICTION PRODUCTS MARKET: RESEARCH DESIGN         35

FIGURE 3              RESEARCH METHODOLOGY MODEL      36

FIGURE 4              BREAKDOWN OF PRIMARY INTERVIEWS                 39

FIGURE 5              RESEARCH METHODOLOGY: HYPOTHESIS BUILDING           41

FIGURE 6              BOTTOM-UP APPROACH: BRAKE FRICTION PRODUCTS OE MARKET                42

FIGURE 7              BOTTOM-UP APPROACH: BRAKE FRICTION PRODUCTS AFTERMARKET         43

FIGURE 8              BOTTOM-UP APPROACH: OFF-HIGHWAY BRAKE FRICTION PRODUCTS MARKET  44

FIGURE 9              TOP-DOWN APPROACH: BRAKE DISCS OE MARKET, BY MATERIAL TYPE    45

FIGURE 10            DATA TRIANGULATION                47

FIGURE 11            BRAKE FRICTION PRODUCTS: MARKET OUTLOOK           50

FIGURE 12            BRAKE FRICTION PRODUCTS MARKET, BY REGION, 2025–2032 (USD MILLION)          51

FIGURE 13            RISING AVERAGE MILES DRIVEN AND STOPPING DISTANCE REGULATIONS

TO DRIVE MARKET         53

FIGURE 14            BRAKE DISCS SEGMENT TO LEAD MARKET, BY VALUE, IN 2025  53

FIGURE 15            PASSENGER CARS TO HOLD DOMINANT POSITION, BY VALUE, IN 2025     54

FIGURE 16            MOLDED BRAKE LINERS TO BE MAJOR SEGMENT BY 2032            54

FIGURE 17            COMPOSITE BRAKE DISCS TO GROW AT HIGHEST RATE DURING FORECAST PERIOD       55

FIGURE 18            CONSTRUCTION EQUIPMENT TO COMMAND MARKET, BY VALUE, IN 2025        55

FIGURE 19            BEV TO DOMINATE MARKET, BY VALUE, IN 2025                 56

FIGURE 20            ASIA PACIFIC TO DOMINATE BRAKE FRICTION PRODUCTS MARKET      56

FIGURE 21            NORTH AMERICA TO BE LARGEST AFTERMARKET FOR BRAKE FRICTION PRODUCTS,

BY VALUE, IN 2025            57

FIGURE 22            BRAKE FRICTION PRODUCTS MARKET: MARKET DYNAMICS       59

FIGURE 23            TOTAL VEHICLE PARC, BY KEY COUNTRY, 2019 VS. 2023 VS. 2028 (THOUSAND UNITS)    60

FIGURE 24            PASSENGER CAR PRODUCTION, BY COUNTRY, 2021–2032 (THOUSAND UNITS)  62

FIGURE 25            US: COMPARISON OF STOPPING DISTANCES AT 65 MPH FOR PASSENGER CARS

AND TRUCKS     63

FIGURE 26            TOTAL STOPPING DISTANCES FOR PASSENGER CARS AND TRUCKS         63

FIGURE 27            EFFECT OF EBD                64

FIGURE 28            OFF-HIGHWAY VEHICLE SALES, BY COUNTRY, 2021 VS. 2025 VS 2032 (000 UNITS)              65

FIGURE 29            REPLACEMENT LIFE OF BRAKE DISCS, BY MATERIAL, 2024 (KILOMETERS)                 66

FIGURE 30            WEIGHT OF BRAKE DISCS, BY MATERIAL (LBS.)                 67

FIGURE 31            TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES           70

FIGURE 32            PASSENGER CARS: AVERAGE SELLING PRICE TREND,

BY TYPE OF BRAKE FRICTION PRODUCT, 2020–2024         70

FIGURE 33            LIGHT COMMERCIAL VEHICLES: AVERAGE SELLING PRICE TREND,

BY TYPE OF BRAKE FRICTION PRODUCT, 2020–2024         71

FIGURE 34            HEAVY COMMERCIAL VEHICLES: AVERAGE SELLING PRICE TREND,

BY TYPE OF BRAKE FRICTION PRODUCT, 2020–2024         72

FIGURE 35            AVERAGE SELLING PRICE TREND OF BRAKE SHIMS, BY VEHICLE TYPE, 2020–2024        73

FIGURE 36            VALUE CHAIN ANALYSIS: BRAKE FRICTION PRODUCTS MARKET      74

FIGURE 37            BRAKE FRICTION PRODUCTS MARKET ECOSYSTEM       76

FIGURE 38            INVESTMENT SCENARIO              77

FIGURE 39            PATENT ANALYSIS, 2015–2025     79

FIGURE 40            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR BRAKE FRICTION

PRODUCTS, BY PRODUCT TYPE                96

FIGURE 41            KEY BUYING CRITERIA OF BRAKE FRICTION PRODUCTS FOR DISC BRAKES

AND DRUM BRAKES        97

FIGURE 42           BRAKE FRICTION PRODUCTS MARKET, BY TYPE, 2025 VS. 2032 (USD MILLION)      99

FIGURE 43            BRAKE LINERS MARKET, BY TYPE, 2025 VS. 2032 (USD MILLION) 114

FIGURE 44            BRAKE DISCS MARKET, BY MATERIAL TYPE, 2025 VS. 2032 (USD MILLION)                120

FIGURE 45            BRAKE FRICTION PRODUCTS MARKET, BY VEHICLE TYPE, 2025 VS. 2032 (USD MILLION)      128

FIGURE 46            OFF-HIGHWAY EQUIPMENT BRAKE FRICTION PRODUCTS MARKET,

BY APPLICATION, 2025 VS. 2032 (USD MILLION) 138

FIGURE 47            ELECTRIC VEHICLE BRAKE FRICTION PRODUCTS MARKET,

BY VEHICLE TYPE, 2025 VS. 2032 (USD MILLION)                150

FIGURE 48            BRAKE FRICTION PRODUCTS AFTERMARKET, BY VEHICLE TYPE,

2025 VS. 2032 (USD MILLION)      158

FIGURE 49            BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION, 2025 VS. 2032 (USD MILLION)             167

FIGURE 50            ASIA PACIFIC: BRAKE FRICTION PRODUCTS AFTERMARKET SNAPSHOT         170

FIGURE 51            ASIA PACIFIC: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026      173

FIGURE 52            ASIA PACIFIC: GDP PER CAPITA, BY COUNTRY, 2024–2026              173

FIGURE 53            ASIA PACIFIC: INFLATION RATE AVERAGE CONSUMER PRICES, BY COUNTRY, 2024–2026      174

FIGURE 54            ASIA PACIFIC: MANUFACTURING INDUSTRY CONTRIBUTION TO GDP, 2024  174

FIGURE 55            EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY COUNTRY (USD MILLION)   185

FIGURE 56            EUROPE: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026      187

FIGURE 57            EUROPE: GDP PER CAPITA, BY COUNTRY, 2024–2026        188

FIGURE 58            EUROPE: INFLATION RATE AVERAGE CONSUMER PRICES, BY COUNTRY, 2024–2026      188

FIGURE 59            EUROPE: MANUFACTURING INDUSTRY CONTRIBUTION TO GDP, 2024  189

FIGURE 60            NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET SNAPSHOT         199

FIGURE 61            NORTH AMERICA: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026                202

FIGURE 62            NORTH AMERICA: GDP PER CAPITA, BY COUNTRY, 2024–2026      202

FIGURE 63            NORTH AMERICA: CPI INFLATION RATE, BY COUNTRY, 2024–2026      202

FIGURE 64            NORTH AMERICA: MANUFACTURING INDUSTRY CONTRIBUTION TO GDP, 2024            203

FIGURE 65            REST OF THE WORLD: BRAKE FRICTION PRODUCTS AFTERMARKET,

BY COUNTRY, 2025 VS. 2032 (USD MILLION)        209

FIGURE 66            ROW: REAL GDP ANNUAL PERCENTAGE CHANGE, 2024–2026         211

FIGURE 67            ROW: GDP PER CAPITA, 2024–2026            211

FIGURE 68            ROW: AVERAGE CPI INFLATION RATE, 2024–2026                 211

FIGURE 69            ROW: MANUFACTURING INDUSTRY VALUE (AS PART OF GDP 2024)         212

FIGURE 70            REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS, 2021–2024         218

FIGURE 71            BRAKE FRICTION PRODUCTS MARKET SHARE ANALYSIS, 2024  220

FIGURE 72            COMPANY VALUATION, 2025 (USD BILLION)                 221

FIGURE 73            COMPANY FINANCIAL METRICS, 2025 (USD BILLION)             221

FIGURE 74            BRAKE FRICTION PRODUCTS MARKET: BRAND/PRODUCT COMPARISON             222

FIGURE 75            BRAKE FRICTION PRODUCTS MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2024       224

FIGURE 76            BRAKE FRICTION PRODUCTS MARKET: COMPANY FOOTPRINT, 2024      225

FIGURE 77            BRAKE FRICTION PRODUCTS MARKET: COMPANY EVALUATION MATRIX

(AFTERMARKET PLAYERS), 2024                231

FIGURE 78            BRAKE FRICTION PRODUCTS MARKET, AFTERMARKET KEY PLAYERS, 2024          232

FIGURE 79            AISIN CORPORATION: COMPANY SNAPSHOT (2024)    248

FIGURE 80            ZF FRIEDRICHSHAFEN AG: COMPANY SNAPSHOT (2024)             254

FIGURE 81            BREMBO S.P.A.: COMPANY SNAPSHOT (2024)                 260

FIGURE 82            NISSHINBO HOLDINGS INC.: COMPANY SNAPSHOT (2023)             271

FIGURE 83            ROBERT BOSCH GMBH: COMPANY SNAPSHOT (2024)    275

FIGURE 84            AKEBONO BRAKE INDUSTRY CO., LTD.: COMPANY SNAPSHOT (2023)      283

FIGURE 85            CONTINENTAL AG: COMPANY SNAPSHOT (2024)    287

FIGURE 86            ITT INC.: COMPANY SNAPSHOT (2024)   291

FIGURE 87            MIBA AG: COMPANY SNAPSHOT (2024)  294

FIGURE 88            SGL CARBON: COMPANY SNAPSHOT (2024)                 297

FIGURE 89            CUMMINS INC.: COMPANY SNAPSHOT (2024)                 300