Global Brakes Market Growth 2025-2031

Global Brakes Market Growth 2025-2031

The global Brakes market size is predicted to grow from US$ 12320 million in 2025 to US$ 13600 million in 2031; it is expected to grow at a CAGR of 1.7% from 2025 to 2031.

Brakes for friction product are a mechanical device that inhibits motion by absorbing energy from a moving system. It is used for slowing or stopping a moving vehicle, wheel, axle, or to prevent its motion, most often accomplished by means of friction.

Materials used in the production of friction are usually rough or textured in order to provide added friction and increase efficiency. Smooth surfaces are used to transport materials easily and with little friction, however adding texture to a surface increases the energy required to move over it, thus slowing a moving object more quickly. Heat-resistant materials are often utilized as the process of creating friction typically generates heat energy as a byproduct.

Currently, there are some companies in the world can produce brakes for friction products, mainly concentrate in USA, Europe and Japan. The main market players are Federal-Mogul, Aisin-Seiki, Robert Bosch, Brembo, Continental, Delphi Automotive, Nisshinbo and SGL Carbon AG, etc.

LP Information, Inc. (LPI) ' newest research report, the “Brakes Industry Forecast” looks at past sales and reviews total world Brakes sales in 2024, providing a comprehensive analysis by region and market sector of projected Brakes sales for 2025 through 2031. With Brakes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Brakes industry.

This Insight Report provides a comprehensive analysis of the global Brakes 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 Brakes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Brakes market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Brakes 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 Brakes.

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

Segmentation by Type:
Brake Pads
Brake Shoes
Brake Lining
Brake Rotor
Brake Drum
Others

Segmentation by Application:
Passenger Cars
Commercial Cars

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 analysing the company's coverage, product portfolio, its market penetration.
Federal-Mogul
Aisin-Seiki
Robert Bosch
Brembo
Continental
Delphi Automotive
Nisshinbo
SGL Carbon AG
TRW
Tenneco
Akebono Brake Industry
Bendix
Sangsin
Longji Machinery
MIBA AG
BPW
Hongma
Gold Phoenix
Klasik
Boyun

Key Questions Addressed in this Report

What is the 10-year outlook for the global Brakes market?

What factors are driving Brakes market growth, globally and by region?

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

How do Brakes market opportunities vary by end market size?

How does Brakes break out by Type, by Application?

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