Market Analysis and Insights: Global Automotive Brake Friction Product Market
Due to the COVID-19 pandemic, the global Automotive Brake Friction Product market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Automotive Brake Friction Product global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
The United States Automotive Brake Friction Product market is estimated at US$ million in 2021, while China is forecast to reach US$ million by 2028. The proportion of the United States is % in 2021, while Chinese percentage is %, and it is predicted that China's share will reach % in 2028, trailing a CAGR of % through the analysis period.
The global key manufacturers of Automotive Brake Friction Product include Federal Mogul, Bosch, TMD GROUP, TRW Automotive, MAT Holdings, ATE, ICER, BREMBO and Util Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In United States, in terms of revenue, in 2021, the top three players hold a share about %, while in China, top three players hold a share nearly %.
Global Automotive Brake Friction Product Scope and Market Size
The global Automotive Brake Friction Product market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Automotive Brake Friction Product market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Brake Pads
Brake Shoes
Brake Lining
Segment by Application
Passenger Vehicle
LCV(Light Commercial Vehicle)
HCV(Heavy Commercial Vehicle)
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Federal Mogul
Bosch
TMD GROUP
TRW Automotive
MAT Holdings
ATE
ICER
BREMBO
Util Group
ABS Friction
Metek GmbH
ITT Corporation
AKEBONO Group