http://www.bimarket.cn/Report/ReportInfo.aspx?Id=25936
Report Description
“Increasing vehicle production and growing concerns regarding vehicle maintenance are the major drivers of the brake friction products original equipment (OE) market”
The brake friction products OE market is projected to grow at a CAGR of 7.68% from 2016 to 2021, to reach a market size of USD 38.96 billion by 2021. Market growth is driven by factors such as the growing vehicle production, consumer concerns regarding safety, and extended vehicle life, which is creating a parallel aftermarket for brake friction products. Additionally, stringent safety regulations concerning stopping distance and environmental concerns related to brake pads are spurring the growth of the market.
“Brake pads: Fastest brake friction products aftermarket segment”
Brake pads constitute the fastest growing segment of the brake friction products aftermarket, in terms of volume. Various factors responsible for this growth include the increasing average age of vehicles, increasing miles driven by a vehicle in a year, and safety concerns. The rising number of vehicles with disc brakes in the front wheels has resulted in a significant increase in the aftermarket demand for disc brake components such as brake pads. Furthermore, in the case of front-wheel-drive vehicles, the front wheels, which are equipped with disc brakes, bear the maximum braking pressure. This leads to the constant wear-and-tear of brake pads. The use of semi-metallic pads also leads to the frequent replacement of pads.
The demand for light vehicles and SUVs is rising in the European and North American regions, as any increase in vehicle weight leads to additional pressure on the braking system. Brake friction product manufacturers are consequently focusing on the development of advanced and durable ceramic pads that can withstand high pressure and temperature.
“Asia-Oceania projected to be the largest OE market for brake friction products”
Asia-Oceania is estimated to be the largest market, in terms of both value and volume, for brake friction products. This can be attributed to the high demand for vehicles, especially in emerging economies such as China and India, which are receiving investments from several OEMs. The availability of low-cost labor, favorable government policies, and mass production methods are additional factors propelling the growth of the brake friction products market in the region.
The study contains insights provided by various industry experts, ranging from material suppliers to Tier-1 companies and OEMs. The break-up of the primaries is as follows:
• By Company Type – Tier-1 -63%, Tier-2 - 29%, Tier-3 - 8%
• By Designation - C level - 45%, D level - 43%, and Others - 12%
• By Region - North America - 58%, Europe - 30%, Asia-Oceania - 12%
The brake friction products market is dominated by a few globally established players such as Robert Bosch GmbH (Germany), Aisin Seiki Co., Ltd. (Japan), Delphi Automotive LLP (U.K.), Federal-Mogul Corporation (U.S.), and Brembo S.p.A (Italy). Key growth strategies adopted by these players include new product development, partnerships, agreements, joint ventures, and supply contracts.
List of Companies
Robert Bosch GmbH
Aisin Seiki Co., Ltd.
Delphi Automotive LLP
Federal-Mogul Corporation
Brembo S.p.A
Tenneco Inc.
Akebono Brake Corporation
Nisshinbo Holdings Inc.
Miba AG
SGL Carbon AG
Reasons to Buy the Report:
This report contains various levels of analysis, including industry analysis, industry trends, and company profiles, which together comprise and discuss the basic views on the emerging and high-growth segments of the brake friction products market, competitive landscape, high-growth regions and countries, government initiatives, and market dynamics such as drivers, restraints, opportunities, and challenges.
The report enables new entrants/smaller firms as well as established firms to understand the market better, and thereby helps them acquire a larger market share. Firms purchasing the report could use any one or a combination of the below-mentioned four strategies (market development, product development/innovation, market diversification, and competitive assessment) to strengthen their position in the market.
The report provides insights with reference to the following points:
Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for brake friction products across regions
Product Development/Innovation: Detailed insights into R&D activities, upcoming technologies, and new product launches in the brake friction products market
Market Diversification: Detailed information about untapped markets, investments, new products, and recent developments in the brake friction products market
Competitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of leading players in the brake friction products market
Table of Contents
1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 MARKET SCOPE 16
1.3.1 MARKETS COVERED 17
1.3.2 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 18
1.5 LIMITATIONS 18
1.6 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.2 SECONDARY DATA 20
2.2.1 KEY SECONDARY SOURCES 20
2.2.2 KEY DATA FROM SECONDARY SOURCES 21
2.3 PRIMARY DATA 21
2.3.1 SAMPLING TECHNIQUES & DATA COLLECTION METHODS 22
2.3.2 PRIMARY PARTICIPANTS 22
2.4 FACTOR ANALYSIS 23
2.4.1 INTRODUCTION 23
2.4.2 DEMAND-SIDE ANALYSIS 23
2.4.2.1 Impact of disposable income on total vehicle sales 23
2.4.2.2 Increasing vehicle production in developing countries 24
2.4.3 SUPPLY-SIDE ANALYSIS 25
2.4.3.1 Technological advancements 25
2.5 MARKET ESTIMATION 25
2.5.1 BOTTOM-UP APPROACH 25
2.5.2 TOP-DOWN APPROACH 27
2.5.3 MARKET BREAKDOWN & DATA TRIANGULATION 28
2.5.4 ASSUMPTIONS 29
2.5.4.1 Average number of brake friction products employed in a single brake system 29
2.5.4.2 Additional Assumptions 29
3 EXECUTIVE SUMMARY 30
3.1 BRAKE FRICTION PRODUCTS ORIGINAL EQUIPMENT MARKET, BY REGION 31
3.2 BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT TYPE 32
3.3 BRAKE FRICTION PRODUCTS AFTERMARKET, BY MARKET TYPE 33
3.4 BRAKE FRICTION PRODUCTS MARKET: GROWTH TRENDS 34
3.5 TWO-WHEELER BRAKE FRICTION PRODUCTS MARKET, BY PRODUCT TYPE 35
4 PREMIUM INSIGHTS 36
4.1 INTRODUCTION 36
4.2 BRAKE FRICTION PRODUCTS ORIGINAL EQUIPMENT (OE) MARKET, 2016-2021 36
4.3 BRAKE FRICTION PRODUCTS ORIGINAL EQUIPMENT MARKET GROWTH, BY COUNTRY, (VALUE), 2016–2021 37
4.4 BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY MARKET TYPE, (VALUE),
2016–2021 38
4.5 BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY PRODUCT TYPE, (VALUE),
2016–2021 39
4.6 TWO-WHEELER BRAKE FRICTION PRODUCTS ORIGINAL EQUIPMENT MARKET SIZE,
BY REGION, (VALUE), 2016–2021 40
4.7 BRAKE FRICTION PRODUCTS ORIGINAL EQUIPMENT MARKET AND AFTERMARKET SIZE, BY VALUE, 2016–2021 40
5 MARKET OVERVIEW 41
5.1 INTRODUCTION 42
5.2 MARKET SEGMENTATION 42
5.2.1 BY PRODUCT 42
5.2.2 BY REGION 43
5.2.3 BY MARKET TYPE 44
5.2.4 TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET, BY REGION 44
5.2.5 BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION 45
5.3 MARKET DYNAMICS 45
5.3.1 DRIVERS 46
5.3.1.1 Growing vehicle production, sales and parc 46
5.3.1.2 Growing stringency in safety regulations 47
5.3.2 RESTRAINTS 48
5.3.2.1 Counterfeit market hurdle for organized players 48
5.3.3 OPPORTUNITIES 49
5.3.3.1 Eco-friendly brake friction products 49
5.3.3.2 Demand for lightweight friction products 50
5.3.4 CHALLENGES 51
5.3.4.1 Extended vehicle warranties 51
5.3.4.2 Environment regulations on brake friction products 51
5.3.5 FUTURE DEVELOPMENTS 52
5.3.5.1 Copper-free brake pads 52
6 BRAKE FRICTION PRODUCTS AFTERMARKET, BY MARKET TYPE 53
6.1 INTRODUCTION 54
6.2 BRAKE FRICTION PRODUCTS AFTERMARKET, BY MARKET TYPE 55
6.3 ASIA-OCEANIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY MARKET TYPE 56
6.4 EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY MARKET TYPE 57
6.5 NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY MARKET TYPE 58
6.6 ROW: BRAKE FRICTION PRODUCTS AFTERMARKET, BY MARKET TYPE 59
7 BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT TYPE 60
7.1 INTRODUCTION 61
7.2 BRAKE FRICTION PRODUCTS AFTERMARKET, BY REGION 62
7.3 BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY PRODUCT TYPE 63
7.4 ASIA-OCEANIA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT TYPE 64
7.5 EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT TYPE 65
7.6 NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT TYPE 66
7.7 ROW: BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT TYPE 67
8 TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET,
BY REGION & PRODUCT TYPE 68
8.1 INTRODUCTION 69
8.2 TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET, BY REGION 70
8.3 TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET, BY PRODUCT TYPE 71
8.4 TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET, BY REGION & PRODUCT 72
8.4.1 ASIA-PACIFIC: TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET,
BY PRODUCT TYPE 72
8.4.2 EUROPE: TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET,
BY PRODUCT TYPE 73
8.4.3 NORTH AMERICA: TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET, BY PRODUCT TYPE 74
8.4.4 REST OF THE WORLD: TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET, BY PRODUCT TYPE 75
9 BRAKE FRICTION PRODUCTS OE MARKET, BY PRODUCT TYPE,
VEHICLE TYPE AND COUNTRY 76
9.1 INTRODUCTION 77
9.1.1 ASIA-OCEANIA : BRAKE FRICTION PRODUCTS OE MARKET, BY PRODUCT TYPE, VEHICLE TYPE AND COUNTRY 79
9.1.1.1 China: : Brake friction products OE market, by product type and vehicle type 82
9.1.1.2 India: : Brake friction products OE market, by product type and vehicle type 84
9.1.1.3 Japan: Brake friction products OE market, by product type and vehicle type 86
9.1.1.4 South Korea: Brake friction products OE market, by product type and vehicle type 88
9.1.1.5 Rest of Asia-Oceania: Brake friction products OE market, by product type and vehicle type 90
9.1.2 EUROPE : BRAKE FRICTION PRODUCTS OE MARKET, BY PRODUCT TYPE, VEHICLE TYPE AND COUNTRY 92
9.1.2.1 Germany : Brake friction products OE market, by product type and vehicle type 94
9.1.2.2 France : Brake friction products OE market, by product type and vehicle type 96
9.1.2.3 U.K.: Brake friction products OE market, by product type and vehicle type 98
9.1.2.4 Rest of Europe: Brake friction products OE market, by product type and vehicle type 100
9.1.3 NORTH AMERICA : BRAKE FRICTION PRODUCTS OE MARKET, BY PRODUCT TYPE, VEHICLE TYPE AND COUNTRY 102
9.1.3.1 U.S. : Brake friction products OE market, by product type and vehicle type 105
9.1.3.2 Mexico: Brake friction products OE market, by product type and vehicle type 107
9.1.3.3 Canada: Brake friction products OE market, by product type and vehicle type 109
9.1.4 REST OF THE WORLD : BRAKE FRICTION PRODUCTS OE MARKET, BY PRODUCT TYPE, VEHICLE TYPE AND COUNTRY 111
9.1.4.1 Brazil: Brake friction products OE market, by product type and vehicle type 113
9.1.4.2 Russia: Brake friction products OE market, by product type and vehicle type 115
9.1.4.3 Turkey: Brake friction products OE market, by product type and vehicle type 117
9.1.4.4 OTHERS: Brake friction products OE market, by product type and vehicle type 119
10 COMPETITIVE LANDSCAPE 121
10.1 MARKET RANKING ANALYSIS: BRAKE FRICTION PRODUCTS MARKET 122
10.2 COMPETITIVE SITUATION & TRENDS 123
10.3 EXPANSION 125
10.4 NEW PRODUCT DEVELOPMENT 125
10.5 AGREEMENTS/JOINT VENTURES/PARTNERSHIPS 126
10.6 MERGERS & ACQUISITIONS & OTHER DEVELOPMENTS 127
11 COMPANY PROFILES 128
(Company at a Glance, Business Overview, Products Offered, Key Strategy, Recent Developments, SWOT Analysis & MNM View)*
11.1 INTRODUCTION 128
11.2 ROBERT BOSCH GMBH 129
11.3 AISIN SEIKI CO. LTD. 132
11.4 DELPHI AUTOMOTIVE LLP 136
11.5 FEDERAL-MOGUL CORPORATION 139
11.6 BREMBO S.P.A. 142
11.7 TENNECO, INC. 145
11.8 AKEBONO BRAKE CORPORATION 147
11.9 NISSHINBO HOLDINGS, INC. 149
11.10 MIBA AG 151
11.11 SGL CARBON AG 153
*Details on company at a glance, recent financials, Products offered, strategies & insights, & recent developments might not be captured in case of unlisted companies.
12 APPENDIX 155
12.1 INSIGHTS OF INDUSTRY EXPERTS 155
12.2 ADDITIONAL DEVELOPMENTS, 2011-2014 156
12.3 DISCUSSION GUIDE 158
12.4 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 160
12.5 AVAILABLE CUSTOMIZATIONS 162
12.5.1 BRAKE FRICTION PRODUCTS ORIGINAL EQUIPMENT MARKET, BY HEAVY COMMERCIAL VEHICLE TYPE 162
12.5.1.1 Heavy commercial vehicle 162
12.5.1.1.1 Trucks 162
12.5.1.1.2 Buses 162
12.5.2 BRAKE FRICTION PRODUCTS AFTERMARKET, BY COMMERCIAL VEHICLE TYPE 162
12.5.2.1 Commercial vehicles 162
12.5.2.1.1 Light commercial vehicle 162
12.5.2.1.2 Trucks 162
12.5.2.1.3 Buses 162
12.5.3 TWO-WHEELER BRAKE FRICTION PRODUCTS ORIGINAL EQUIPMENT MARKET, BY ENGINE CAPACITY & BY FRICTION PRODUCTS 162
12.5.3.1 > 100 CC 162
12.5.3.2 101 CC–150 CC 162
12.5.3.3 151 CC–250 CC 162
12.5.3.4 251 CC–500 CC 162
12.5.3.5 501 CC and above 162
12.5.4 BRAKE FRICTION PRODUCTS OE MARKET, BY MATERIAL 162
12.5.4.1 Brake pads (non-metallic, semi-metallic, & ceramic) 162
12.5.4.2 Brake liner (organic, semi-metallic, & synthetic) 162
12.6 RELATED REPORTS 163
List Of Tables
TABLE 1 BRAKE FRICTION PRODUCTS MARKET: BY PRODUCT TYPE 43
TABLE 2 BRAKE FRICTION PRODUCTS AFTERMARKET : STUDIED ON THE BASIS OF
MARKET TYPE 44
TABLE 3 U.S.: TRUCKS & TRACTORS STOPPING DISTANCE REGULATIONS 47
TABLE 4 ENVIRONMENT REGULATIONS COMPLIANCE REQUIREMENTS BY BRAKE MANUFACTURERS IN THE U.S. 52
TABLE 5 BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY MARKET TYPE,
2014–2021 (MILLION UNITS) 55
TABLE 6 BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY MARKET TYPE,
2014–2021 (USD MILLION) 55
TABLE 7 ASIA-OCEANIA: BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY MARKET TYPE, 2014–2021 (MILLION UNITS) 56
TABLE 8 ASIA-OCEANIA: BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY MARKET TYPE, 2014–2021 (USD MILLION) 56
TABLE 9 EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY MARKET TYPE, 2014–2021 (MILLION UNITS) 57
TABLE 10 EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY MARKET TYPE, 2014–2021 (USD MILLION) 57
TABLE 11 NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY MARKET TYPE, 2014–2021 (MILLION UNITS) 58
TABLE 12 NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY MARKET TYPE, 2014–2021 (USD MILLION) 58
TABLE 13 ROW: BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY MARKET TYPE,
2014–2021 (MILLION UNITS) 59
TABLE 14 REST OF THE WORLD: BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY MARKET TYPE, 2014–2021 (USD MILLION) 59
TABLE 15 BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY REGION,
2014–2021 (MILLION UNITS) 62
TABLE 16 BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY REGION,
2014–2021 (USD MILLION) 62
TABLE 17 BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY PRODUCT TYPE,
2014–2021 (MILLION UNITS) 63
TABLE 18 BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY PRODUCT TYPE,
2014–2021 (USD MILLION) 63
TABLE 19 ASIA-OCEANIA: BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY PRODUCT TYPE, 2014–2021 (MILLION UNITS) 64
TABLE 20 ASIA-OCEANIA: BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY PRODUCT TYPE, 2014–2021 (USD MILLION) 64
TABLE 21 EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY PRODUCT TYPE, 2014–2021 (MILLION UNITS) 65
TABLE 22 EUROPE: BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY PRODUCT TYPE, 2014–2021 (USD MILLION) 65
TABLE 23 NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY PRODUCT TYPE, 2014–2021 (MILLION UNITS) 66
TABLE 24 NORTH AMERICA: BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY PRODUCT TYPE, 2014–2021 (USD MILLION) 66
TABLE 25 ROW: BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY PRODUCT TYPE,
2014–2021 (MILLION UNITS) 67
TABLE 26 ROW: BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY PRODUCT TYPE,
2014–2021 (USD MILLION) 67
TABLE 27 TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET SIZE, BY REGION,
2014–2021 (‘000 UNITS) 70
TABLE 28 TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET SIZE, BY REGION,
2014–2021 (USD MILLION) 70
TABLE 29 TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET SIZE, BY PRODUCT TYPE, 2014–2021 (‘000 UNITS) 71
TABLE 30 TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET SIZE, BY PRODUCT TYPE, 2014–2021 (USD MILLION) 71
TABLE 31 ASIA-PACIFIC: TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET SIZE,
BY PRODUCT TYPE, 2014–2021 (‘000 UNITS) 72
TABLE 32 ASIA-PACIFIC: TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET SIZE,
BY PRODUCT TYPE, 2014–2021 (USD MILLION) 72
TABLE 33 EUROPE: TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET SIZE,
BY PRODUCT TYPE, 2014–2021 (‘000 UNITS) 73
TABLE 34 EUROPE: TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET SIZE,
BY PRODUCT TYPE, 2014–2021 (USD MILLION) 73
TABLE 35 NORTH AMERICA: TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET SIZE,
BY PRODUCT TYPE, 2014–2021 (‘000 UNITS) 74
TABLE 36 NORTH AMERICA: TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET SIZE,
BY PRODUCT TYPE, 2014–2021 (USD MILLION) 74
TABLE 37 REST OF THE WORLD: TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET SIZE, BY PRODUCT TYPE, 2014–2021 (‘000 UNITS) 75
TABLE 38 REST OF THE WORLD: TWO-WHEELER BRAKE FRICTION PRODUCTS OE MARKET SIZE, BY PRODUCT TYPE, 2014–2021 (USD MILLION) 75
TABLE 39 BRAKE FRICTION PRODUCTS MARKET SIZE, BY REGION, 2014–2021 (‘000 UNITS) 78
TABLE 40 BRAKE FRICTION PRODUCTS MARKET SIZE, BY REGION, 2014–2021 (USD MILLION) 79
TABLE 41 ASIA-OCEANIA: BRAKE FRICTION PRODUCTS MARKET SIZE, BY COUNTRY,
2014–2021 (‘000 UNITS) 81
TABLE 42 ASIA-OCEANIA: BRAKE FRICTION PRODUCTS MARKET SIZE, BY COUNTRY,
2014–2021 (USD MILLION) 81
TABLE 43 CHINA: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (‘000 UNITS) 82
TABLE 44 CHINA: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (USD MILLION) 83
TABLE 45 INDIA: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (‘000 UNITS) 84
TABLE 46 INDIA: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (USD MILLION) 85
TABLE 47 JAPAN: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (‘000 UNITS) 86
TABLE 48 JAPAN: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (USD MILLION) 87
TABLE 49 SOUTH KOREA: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (‘000 UNITS) 88
TABLE 50 SOUTH KOREA: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (USD MILLION) 89
TABLE 51 REST OF ASIA-OCEANIA: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (‘000 UNITS) 90
TABLE 52 REST OF ASIA-OCEANIA: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (USD MILLION) 91
TABLE 53 EUROPE: BRAKE FRICTION PRODUCTS MARKET SIZE, BY COUNTRY,
2014–2021 (‘000 UNITS) 93
TABLE 54 EUROPE: BRAKE FRICTION PRODUCTS MARKET SIZE, BY COUNTRY,
2014–2021 (USD MILLION) 93
TABLE 55 GERMANY: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (‘000 UNITS) 94
TABLE 56 GERMANY: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (USD MILLION) 95
TABLE 57 FRANCE: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (‘000 UNITS) 96
TABLE 58 FRANCE: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (USD MILLION) 97
TABLE 59 U.K. : BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (‘000 UNITS) 98
TABLE 60 U.K.: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (USD MILLION) 99
TABLE 61 REST OF EUROPE: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (‘000 UNITS) 100
TABLE 62 REST OF EUROPE: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (USD MILLION) 101
TABLE 63 NORTH AMERICA: BRAKE FRICTION PRODUCTS MARKET SIZE, BY COUNTRY,
2014–2021 (‘000 UNITS) 104
TABLE 64 NORTH AMERICA: BRAKE FRICTION PRODUCTS MARKET SIZE, BY COUNTRY,
2014–2021 (USD MILLION) 104
TABLE 65 U.S.: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (‘000 UNITS) 105
TABLE 66 U.S.: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE , 2014–2021 (USD MILLION) 106
TABLE 67 MEXICO: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE , 2014–2021 (‘000 UNITS) 107
TABLE 68 MEXICO: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (USD MILLION) 108
TABLE 69 CANADA: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE , 2014–2021 (‘000 UNITS) 109
TABLE 70 CANADA: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE , 2014–2021 (USD MILLION) 110
TABLE 71 REST OF THE WORLD: BRAKE FRICTION PRODUCTS MARKET SIZE, BY COUNTRY, 2014–2021 (‘000 UNITS) 112
TABLE 72 REST OF THE WORLD: BRAKE FRICTION PRODUCTS MARKET SIZE, BY COUNTRY , 2014–2021 (USD MILLION) 112
TABLE 73 BRAZIL: BRAKE FRICTION PRODUCTS MARKET SIZE , BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (‘000 UNITS) 113
TABLE 74 BRAZIL: BRAKE FRICTION PRODUCTS MARKET SIZE , BY VEHICLE TYPE & PRODUCT TYPE , 2014–2021 (USD MILLION) 114
TABLE 75 RUSSIA: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (‘000 UNITS) 115
TABLE 76 RUSSIA: BRAKE FRICTION PRODUCTS MARKET SIZE , BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (USD MILLION) 116
TABLE 77 TURKEY: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (‘000 UNITS) 117
TABLE 78 TURKEY: BRAKE FRICTION PRODUCTS MARKET SIZE, BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (USD MILLION) 118
TABLE 79 OTHERS: BRAKE FRICTION PRODUCTS MARKET SIZE , BY VEHICLE TYPE & PRODUCT TYPE , 2014–2021 (‘000 UNITS) 119
TABLE 80 OTHERS: BRAKE FRICTION PRODUCTS MARKET SIZE , BY VEHICLE TYPE & PRODUCT TYPE, 2014–2021 (USD MILLION) 120
TABLE 81 BRAKE FRICTION PRODUCTS MARKET RANKING, 2015 122
TABLE 82 EXPANSIONS, 2014–2016 125
TABLE 83 NEW PRODUCT DEVELOPMENTS, 2015–2016 125
TABLE 84 AGREEMENTS/JOINT VENTURES/PARTNERSHIPS 2011–2016 126
TABLE 85 MERGERS & ACQUISITIONS & OTHER DEVELOPMENTS, 2012–2016 127
List Of Figures
FIGURE 1 BRAKE FRICTION PRODUCTS: MARKET SEGMENTATION 17
FIGURE 2 BRAKE FRICTION PRODUCTS MARKET: RESEARCH DESIGN 19
FIGURE 3 RESEARCH METHODOLOGY MODEL 20
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION,
& REGION 22
FIGURE 5 IMPACT OF DISPOSABLE INCOME ON VEHICLE SALES, 2015 23
FIGURE 6 VEHICLE PRODUCTION, 2010–2015 (‘000 UNITS) 24
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 26
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 27
FIGURE 9 DATA TRIANGULATION 28
FIGURE 10 THE ASIA-OCEANIA BRAKE FRICTION PRODUCTS ORIGINAL EQUIPMENT MARKET IS ESTIMATED TO HOLD THE LARGEST SIZE, (VALUE), 2016–2021 31
FIGURE 11 BRAKE PAD SEGMENT IS ESTIMATED TO HOLD THE LARGEST MARKET SIZE,
BY VALUE, 2016–2021 32
FIGURE 12 ORIGINAL EQUIPMENT SUPPLIER SEGMENT IS ESTIMATED TO HOLD THE LARGEST MARKET SIZE, (VALUE), 2016–2021 33
FIGURE 13 BRAKE FRICTION PRODUCTS MARKET: NORTH AMERICA IS PROJECTED TO BE THE FASTEST GROWING MARKET, (VALUE), 2016–2021 34
FIGURE 14 DISC PRODUCT TYPE SEGMENT IS PROJECTED TO BE THE FASTEST GROWING MARKETS, (VALUE), 2016–2021 35
FIGURE 15 ATTRACTIVE MARKET OPPORTUNITIES IN THE BRAKE FRICTION PRODUCTS OE MARKET 36
FIGURE 16 CHINA, JAPAN, & U.S. ARE EXPECTED TO BE THE FASTEST GROWING MARKETS FOR BRAKE FRICTION PRODUCTS, 2016–2021 37
FIGURE 17 BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY MARKET TYPE,
2016 (USD BILLION) 38
FIGURE 18 BRAKE FRICTION PRODUCTS AFTERMARKET SIZE, BY PRODUCT TYPE,
2016–2021 (USD BILLION) 39
FIGURE 19 TWO-WHEELER BRAKE FRICTION PRODUCTS ORIGINAL EQUIPMENT MARKET SIZE, BY REGION, 2016–2021 (USD MILLION) 40
FIGURE 20 BRAKE FRICTION PRODUCTS ORIGINAL EQUIPMENT MARKET AND AFTERMARKET SIZE, 2016–2021 (USD MILLION) 40
FIGURE 21 BRAKE FRICTION PRODUCTS: MARKET DYNAMICS 45
FIGURE 22 GLOBAL PASSENGER CAR PRODUCTION & PARC, 2014 46
FIGURE 23 COUNTERFEIT MARKET RESTRAINED THE ORGANIZED PLAYERS’ GROWTH,
2015 (BILLION UNITS) 48
FIGURE 24 BRAKE WEIGHT, BY MATERIAL, 2015 (LBS) 50
FIGURE 25 BRAKE LIFE, BY MATERIAL, 2015 (MILES) 51
FIGURE 26 INDEPENDENT AFTERMARKET TO HAVE THE LARGEST MARKET SIZE, BY VOLUME, 2016 & 2021 54
FIGURE 27 NORTH AMERICA TO BE THE LARGEST AFTERMARKET FOR BRAKE FRICTION PRODUCTS, BY VOLUME, 2016–2021 61
FIGURE 28 ASIA-PACIFIC TO BE THE LARGEST MARKET FOR TWO-WHEELER BRAKE FRICTION PRODUCTS (BY VALUE) 69
FIGURE 29 REGION-WISE SNAPSHOT OF THE BRAKE FRICTION PRODUCTS MARKET, BY VOLUME (2016): ASIA-OCEANIA ACCOUNTS FOR THE LARGEST MARKET SHARE, GLOBALLY 77
FIGURE 30 BRAKE FRICTION PRODUCTS MARKET: CHINA IS EXPECTED TO RECORD THE LARGEST MARKET SIZE, BY VOLUME, 2016 78
FIGURE 31 CHINA IS ESTIMATED TO BE THE FASTEST GROWING COUNTRY IN THE BRAKE FRICTION PRODUCTS MARKET IN ASIA-OCEANIA , 2016–2021 80
FIGURE 32 GERMANY IS THE LARGEST BRAKE FRICTION PRODUCTS MARKET IN EUROPE (2016) 92
FIGURE 33 U.S. IS THE LARGEST BRAKE FRICTION PRODUCTS MARKET IN
NORTH AMERICA (2016) 103
FIGURE 34 BRAZIL HOLDS THE LARGEST SHARE IN THE REST OF THE WORLD BRAKE FRICTION PRODUCTS MARKET, 2016 111
FIGURE 35 COMPANIES ADOPTED EXPANSION & NEW PRODUCT DEVELOPMENT AS KEY GROWTH STRATEGIES FROM 2012 TO 2016 121
FIGURE 36 BREMBO S.P.A. (ITALY) REGISTERED THE HIGHEST GROWTH RATE
FROM 2012 TO 2015 122
FIGURE 37 MARKET EVALUATION FRAMEWORK: EXPANSIONS & NEW PRODUCT DEVELOPMENTS FUELLED THE DEMAND FOR BRAKE FRICTION PRODUCTS FROM 2012 TO 2016 123
FIGURE 38 BATTLE FOR MARKET SHARE: EXPANSION WAS THE KEY STRATEGY 124
FIGURE 39 REGION-WISE REVENUE MIX OF TOP FIVE PLAYERS 128
FIGURE 40 ROBERT BOSCH GMBH: COMPANY SNAPSHOT 129
FIGURE 41 SWOT ANALYSIS: ROBERT BOSCH GMBH 131
FIGURE 42 AISIN SEIKI CO. LTD.: COMPANY SNAPSHOT 132
FIGURE 43 SWOT ANALYSIS: AISIN SEIKI CO. LTD. 134
FIGURE 44 DELPHI AUTOMOTIVE LLP: COMPANY SNAPSHOT 136
FIGURE 45 SWOT ANALYSIS: DELPHI AUTOMOTIVE LLP 138
FIGURE 46 FEDERAL-MOGUL CORPORATION: COMPANY SNAPSHOT 139
FIGURE 47 SWOT ANALYSIS: FEDERAL-MOGUL CORPORATION 141
FIGURE 48 BREMBO S.P.A.: COMPANY SNAPSHOT 142
FIGURE 49 SWOT ANALYSIS: BREMBO S.P.A 144
FIGURE 50 TENNECO, INC.: COMPANY SNAPSHOT 145
FIGURE 51 AKEBONO BRAKE CORPORATION: COMPANY SNAPSHOT 147
FIGURE 52 NISSHINBO HOLDINGS, INC.: COMPANY SNAPSHOT 149
FIGURE 53 MIBA AG: COMPANY SNAPSHOT 151
FIGURE 54 SGL CARBON AG: COMPANY SNAPSHOT 153
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