Two-Wheeler Brake Pad Market Report: Trends, Forecast and Competitive Analysis to 2030

Two-Wheeler Brake Pad Market Report: Trends, Forecast and Competitive Analysis to 2030

Two-Wheeler Brake Pad Trends and Forecast

The future of the global two-wheeler brake pad market looks promising with opportunities in the metal, ceramic, and organic markets. The global two-wheeler brake pad market is expected to reach an estimated $1.9 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are growing two-wheeler demand in developing nations combined with two-wheeler safety innovations, changing lifestyles, increased road connectivity, and rapid urbanization, along with increasing customers' knowledge of environmental issues and safety and security.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Two-Wheeler Brake Pad by Segment

The study includes a forecast for the global two-wheeler brake pad by type, location, material, sales, and region.

Two-Wheeler Brake Pad Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Motorcycle
• Scooter
• Moped

Two-Wheeler Brake Pad Market by Location [Shipment Analysis by Value from 2018 to 2030]:

• Front Wheel
• Rear Wheel

Two-Wheeler Brake Pad Market by Material [Shipment Analysis by Value from 2018 to 2030]:

• Metal
• Ceramic
• Organic

Two-Wheeler Brake Pad Market by Sales [Shipment Analysis by Value from 2018 to 2030]:

• OEM
• Aftermarket

Two-Wheeler Brake Pad Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Two-Wheeler Brake Pad Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies two-wheeler brake pad companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the two-wheeler brake pad companies profiled in this report include-

• AISIN SEIKI
• Borg Warner
• Brakes India
• Brembo
• Continental
• EBC Brakes
• Federal Mogul
• FTE Automotive
• Haldex Group
• Hutchinson

Two-Wheeler Brake Pad Market Insights

Lucintel forecasts that scooter is expected to witness highest growth over the forecast period because scooters are a convenient and affordable mode of transportation, particularly in congested urban areas.

APAC will remain the largest region over the forecast period due to high population density, economic growth, as well as, rising purchasing power in countries such as, China and India.

Features of the Global Two-Wheeler Brake Pad Market

Market Size Estimates: Two-wheeler brake pad market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Two-wheeler brake pad market size by various segments, such as by type, location, material, sales, and region in terms of value ($B).

Regional Analysis: Two-wheeler brake pad market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, location, material, sales, and regions for the two-wheeler brake pad market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the two-wheeler brake pad market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the two-wheeler brake pad market size?

Answer: The global two-wheeler brake pad market is expected to reach an estimated $1.9 billion by 2030.

Q2. What is the growth forecast for two-wheeler brake pad market?

Answer: The global two-wheeler brake pad market is expected to grow with a CAGR of 5.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the two-wheeler brake pad market?

Answer: The major drivers for this market are growing two-wheeler demand in developing nations combined with two-wheeler safety innovations, changing lifestyles, increased road connectivity, and rapid urbanization, along with increasing customers' knowledge of environmental issues and safety and security.

Q4. What are the major segments for two-wheeler brake pad market?

Answer: The future of the global two-wheeler brake pad market looks promising with opportunities in the metal, ceramic, and organic markets.

Q5. Who are the key two-wheeler brake pad market companies?

Answer: Some of the key two-wheeler brake pad companies are as follows:

• AISIN SEIKI
• Borg Warner
• Brakes India
• Brembo
• Continental
• EBC Brakes
• Federal Mogul
• FTE Automotive
• Haldex Group
• Hutchinson

Q6. Which two-wheeler brake pad market segment will be the largest in future?

Answer: Lucintel forecasts that scooter is expected to witness highest growth over the forecast period because scooters are a convenient and affordable mode of transportation, particularly in congested urban areas.

Q7. In two-wheeler brake pad market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to high population density, economic growth, as well as, rising purchasing power in countries such as, China and India.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the two-wheeler brake pad market by type (motorcycle, scooter, and moped), location (front wheel and rear wheel), material (metal, ceramic, and organic), sales (OEM and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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