Brake pads are an integral part of the disc braking system. When the brake pedal is pressed, the brake pads press against the running disc in order to stop its motion and brake the vehicle. The brake pads are essentially made of a material that possesses high co-efficient of friction. Increase in demand for efficient braking during high speeds has led to the expansion of brake pad market.
Many consumers are inclined towards the aftermarket replacements of components due to characteristic features and low cost availability. Dual Dynamometer Differential Effectiveness Analysis (D3EA) and Brake Effectiveness Evaluation Procedure (BEEP) are the standards developed in order to ensure the quality of IAM replacements are expected to present potential growth opportunity for automotive brake pads market over the forecast timeframe.
In 2019, the market size of Brake Pad Set is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Brake Pad Set.
This report studies the global market size of Brake Pad Set, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Brake Pad Set production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Honeywell International
Nisshinbo Industries
Brembo
Akebono Brake Corporation
ZF TRW
TMD Friction Holdings
Federal-Mogul Corporation
Continental
AC Delco
EBC Brakes
Robert Bosch
Delphi Automotive
Japan Brake
Market Segment by Product Type
Semi metallic
Ceramic
Non-asbestos organic
Low metallic non-asbestos organic
Market Segment by Application
Passenger cars
Commercial cars
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Brake Pad Set status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Brake Pad Set manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Brake Pad Set are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Brake Pad Set. Industry analysis & Market Report on Brake Pad Set is a syndicated market report, published as Global (United States, European Union and China) Brake Pad Set Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Brake Pad Set market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.