Global Automobile Friction Products Market Growth 2023-2029

Global Automobile Friction Products Market Growth 2023-2029

The global Automobile Friction Products market size is projected to grow from US$ 12120 million in 2022 to US$ 14480 million in 2029; it is expected to grow at a CAGR of 2.6% from 2023 to 2029.

United States market for Automobile Friction Products is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Automobile Friction Products is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Automobile Friction Products is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Automobile Friction Products players cover Akebono Brake, Knorr-Bremse, Nisshinbo, Bosch, Bremskerl, Continental, Tenneco, Sangsin Brake and BorgWarner, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

The automobile brake friction items include a disc brake, brake shoes, drum brake, brake pad, and liner, all of which are intended to slow down a vehicle.

LPI (LP Information)' newest research report, the “Automobile Friction Products Industry Forecast” looks at past sales and reviews total world Automobile Friction Products sales in 2022, providing a comprehensive analysis by region and market sector of projected Automobile Friction Products sales for 2023 through 2029. With Automobile Friction Products sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automobile Friction Products industry.

This Insight Report provides a comprehensive analysis of the global Automobile Friction Products landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automobile Friction Products portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automobile Friction Products market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automobile Friction Products and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automobile Friction Products.

This report presents a comprehensive overview, market shares, and growth opportunities of Automobile Friction Products market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Brake Pads
Brake Linings
Clutch Discs
Others

Segmentation by application
Passenger Cars
Commercial Vehicles

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Akebono Brake
Knorr-Bremse
Nisshinbo
Bosch
Bremskerl
Continental
Tenneco
Sangsin Brake
BorgWarner
Shandong Longji Machinery
Shandong Gold Phoenix
Alstom Flertex
EBC Brakes
Aisin Chemical
Schaeffler
Tokai Carbon
BPW Group
Tribo
Escorts Kubota

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automobile Friction Products market?

What factors are driving Automobile Friction Products market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automobile Friction Products market opportunities vary by end market size?

How does Automobile Friction Products break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.