Brakes Market

Brakes for friction product are a mechanical device that inhibits motion by absorbing energy from a moving system. It is used for slowing or stopping a moving vehicle, wheel, axle, or to prevent its motion, most often accomplished by means of friction.

Materials used in the production of friction are usually rough or textured in order to provide added friction and increase efficiency. Smooth surfaces are used to transport materials easily and with little friction, however adding texture to a surface increases the energy required to move over it, thus slowing a moving object more quickly. Heat-resistant materials are often utilized as the process of creating friction typically generates heat energy as a byproduct.

Brakes Market contains market size and forecasts of Brakes in global, including the following market information:

Global Brakes Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Brakes Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Brakes companies in 2021 (%)

The global Brakes market was valued at 12550 million in 2021 and is projected to reach US$ 13960 million by 2028, at a CAGR of 1.5% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Brake Pads Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Brakes include Federal-Mogul, Aisin-Seiki, Robert Bosch, Brembo, Continental, Delphi Automotive, Nisshinbo, SGL Carbon AG and TRW, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Brakes manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Brakes Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Brakes Market Segment Percentages, by Type, 2021 (%)

Brake Pads

Brake Shoes

Brake Lining

Brake Rotor

Brake Drum

Others

Global Brakes Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Brakes Market Segment Percentages, by Application, 2021 (%)

Passenger Cars

Commercial Cars

Global Brakes Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Brakes Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Brakes revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Brakes revenues share in global market, 2021 (%)

Key companies Brakes sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Brakes sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Federal-Mogul

Aisin-Seiki

Robert Bosch

Brembo

Continental

Delphi Automotive

Nisshinbo

SGL Carbon AG

TRW

Tenneco

Akebono Brake Industry

Bendix

Sangsin

Longji Machinery

MIBA AG

BPW

Hongma

Gold Phoenix

Klasik

Boyun