Industry Background:
Brake lining is a part of braking system, situated in between brake drum and shoe. A brake is a device which is used to bring to rest or slow down a moving body. Safe operation of vehicle demands dependable brakes is required to absorb the kinetic energy of the moving parts or the potential energy of the object being lowered by host when the rate of descent is controlled. These include brake pads and brake linings for automotives and trucks, heavy duty high temperature brakes in trains, race cars and friction parts for industrial equipment. Lining materials have less wear rate to increase the life the brake lining and thus reducing the frequent changing of the brake lining.This growth is primarily driven by Increasing Demand of Automobile across the Globe
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | K Units |
Value Unit | Value (USD Million) |
Key Companies in Study | Continental AG (Germany), General Motors (United States), Robert Bosch GmbH (Germany), Federal-Mogul Corporation (United States), ASK Automotive Pvt. Ltd. (India), Nisshinbo Holdings Inc. (Japan), SGL Group (Germany), Miba AG (Austria), Akebono Brake Industries (Japan) and Brembo (Italy) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident Technological Developments in Automotive Brake Lining Manufacturing such as Brake-By-Wire (BBW)
. Major Vendors, such as Continental AG (Germany), General Motors (United States), Robert Bosch GmbH (Germany), Federal-Mogul Corporation (United States), ASK Automotive Pvt. Ltd. (India), Nisshinbo Holdings Inc. (Japan), SGL Group (Germany), Miba AG (Austria), Akebono Brake Industries (Japan) and Brembo (Italy) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On April 3, 2018 - The Brembo Group inaugurated it new production hub today for the manufacturing of aluminium brake calipers in Nanjing, located in China's Jiangsu province.
Market Drivers
- Increasing Demand of Automobile across the Globe
- Growing Demand for Automotive Brake Linings from Heavy Commercial Vehicles
Market Trend
- Technological Developments in Automotive Brake Lining Manufacturing such as Brake-By-Wire (BBW)
- Growing Use of Ceramic Fiber in Manufacturing of Brake Linings
Restraints
- High Price of Ceramic Brake Linings as Compare to Semi-Metallic Pads
Opportunities
Rising Demand for Non-Asbestos Based Automotive Brake Linings
Challenges
Broken or Worn-Down Pads Are a Common Cause of Brake Repair
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Brake Linings Study Sheds Light on
The Brake Linings Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Brake Linings industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Brake Linings industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.