Global Automotive Brake Lining Market Size study, by Material (Non-Asbestos, Semi-Asbestos, Ceramic Friction Brake Lining) by Vehicle Type (Passenger, Commercial) and Regional Forecasts 2022-2028Global Automotive Brake Lining Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Automotive Brake Lining is a type of friction material attached to the face of the brake shoe, which causes frictional force. The increasing production technique and advanced technology has led the adoption of Automotive Brake Lining across the forecast period. In 2021, Tesla launched an electric quad bike which is for kids in the United States which works on advanced brake technology. Also, with the increasing technological advancement in the production techniques, the adoption & demand for Automotive Brake Lining is likely to increase the market growth during the forecast period. However, high cost of research and development activities impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Automotive Brake Lining market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the rise in the automotive production and increasing automotive fleet are anticipated to drive the demand in the region. Whereas, North America is anticipated to exhibit highest CAGR over the forecast period 2022-2028. Factors such as rise in the research and development activities and increase in demand of passenger cars would create lucrative growth prospects for the Automotive Brake Lining market across Asia-Pacific region.

Major market player included in this report are:
Federal-Mogul Corporation
ASK Automotive Pvt. Ltd
Nisshinbo Holdings Inc
SGL Group
Miba AG
Akebono Brake Industries
Taiwan Brake Technology Corp
Brembo
Masu Brake
Rane Brake Lining Limited

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material:
Non-Asbestos
Semi-Asbestos
Ceramic Friction Brake Lining
By Vehicle Type:
Passenger
Commercial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028

Target Audience of the Global Automotive Brake Lining Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Federal-Mogul Corporation
ASK Automotive Pvt. Ltd
Nisshinbo Holdings Inc
SGL Group
Miba AG
Akebono Brake Industries
Taiwan Brake Technology Corp
Brembo
Masu Brake
Rane Brake Lining Limited