Market Research Future (MRFR) in its new research study, asserts that the “Global Automotive brake linings Market” is booming and expected to grow exponentially over the review period, recording a substantial market valuation and a vigorous ~7.8% CAGR in the forecast to 2025.
Automotive brake linings are breaking systems employed for vehicle and consumer safety. They are materials attached to brake shoes with rivets and protect rotors from direct contact by creating friction to slow down the vehicle. The global automotive brake linings market report by Market Research Future (MRFR) provides estimations and projections for automotive manufacturers for the period of 2019 to 2025 (forecast period) while covering latest policies and norms on vehicle safety. The COVID-19 pandemic has also been included as a sizeable factor in the report.
Market Scope
The global automotive brake linings market is projected to expand in size at a rapid pace during the forecast period. The use of brake linings in SUVs, sales of four-wheelers, demand for off-highway vehicles, passenger safety in passenger and commercial vehicles, and low maintenance costs of upgrading the system are major drivers of the market. Technological strides in braking, rise in urbanization, and growing disposable income levels can bode well for the market.
Competitive Outlook
General Motors, AISIN SEIKI Co., Ltd, SGL Group, AKEBONO BRAKE INDUSTRY CO., LTD, Federal-Mogul, TMD FRICTION HOLDINGS GMBH, Meritor, Inc., Brembo S.p.A., Japan Brake Industrial Co., Ltd, and Continental AG are key players of the global automotive brake linings market.
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Segmentation
- On the basis of material, the global market has been segmented into semi-asbestos, ceramic, and non-asbestos brake lining. The non-asbestos brake lining segment is expected to gain the lead in demand owing to health hazards posed by consumption of asbestos. Its organic nature and high performance in face of high speeds can drive the segment growth.
- On the basis of vehicle type, it has been divided into passenger cars and commercial vehicles. Passenger cars are expected to command a huge share of the market due to concerns of passenger safety and long life of brake pads and high strength.
- On the basis of sales channel, the global market has been divided into OEM and aftermarket. The OEM sales channel is expected to garner revenues for the market owing to trust in certain brands and concern of safety and security of passengers. The need for performance efficiency in brake systems and quality checks by component manufacturers can ensure the segment growth.
Regional Analysis
Geographically, the global automotive brake linings market has been segmented into four major regions - North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW). APAC is estimated to hold the highest market share throughout the forecast period owing to growing production and sales of automobiles from China, Japan and India.
North America is likely to carve a huge share of the global automotive brake linings market owing to the resurgence of car production and the common mode of transportation for most passengers in the region.
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Major Highlights of TOC Covers:
- Executive Summary
- Key Business Trends
- Regional Trends and Growth
- Product Trends
- End-use Trends
- Definition and Forecast Parameters
- Automotive brake linings Market Segmentation
Continued…
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The Global Brake Linings Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
The report classifies the market into different segments.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Download Free Sample Report of Global Brake Linings Market @ https://www.decisiondatabases.com/contact/download-sample-23866The report also covers the complete competitive landscape of the global Brake Linings market with company profiles of key players such as: TMD FrictionFederal-MogulMAT HoldingsMeritorJapan Brake IndustrialNsshnboFuji BrakeBendixSangsinICERMarathon Brake SystemEBCFras-leXinyiForyouFeilongZhongchengKaishuoHuahuaShenliThe detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT: By ProductMoulded Brake LiningsWoven Brake LiningsBy ApplicationVehicles OEM IndustryVehicles Aftermarket IndustryBy GeographyNorth America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaBrowse the complete Global Brake Linings Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/23866-brake-linings-market-reportThe Global Brake Linings Market has been exhibited in detail in the following chapters –Chapter 1 Brake Linings Market Preface Chapter 2 Executive SummaryChapter 3 Brake Linings Industry AnalysisChapter 4 Brake Linings Market Value Chain AnalysisChapter 5 Brake Linings Market Analysis By ProductChapter 6 Brake Linings Market Analysis By ApplicationChapter 7 Brake Linings Market Analysis By GeographyChapter 8 Competitive Landscape Of Brake Linings CompaniesChapter 9 Company Profiles Of Brake Linings IndustryPurchase the complete Global Brake Linings Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-23866Other Reports by DecisionDatabases.com:Global Electric Brake Booster Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Brake Calipers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Drum Brake System Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
They are materials attached to brake shoes with rivets and protects rotors from direct contact by creating friction to slow down the vehicle.
The global automotive brake linings market report by Market Research Future (MRFR) provides estimations and projections for automotive manufacturers for the period of 2019 to 2025 (forecast period) while covering latest policies and norms on vehicle safety.
The COVID-19 pandemic has also been included as a sizeable factor in the report.Get Latest Sample Report Here @ https://www.marketresearchfuture.com/sample_request/7690Market ScopeThe global automotive brake linings market is projected to expand in size at a rapid pace during the forecast period.
The use of brake linings in SUVs, sales of four-wheelers, demand for off-highway vehicles, passenger safety in passenger and commercial vehicles, and low maintenance costs of upgrading the system are major drivers of the market.
The need for performance efficiency in brake systems and quality checks by component manufacturers can ensure the segment growth.New Business Strategies, Challenges & Policies are mentioned in Table of Content, Inquire Now (Kindly Use Your Business/Corporate Email Id) @ https://www.marketresearchfuture.com/enquiry/7690Regional AnalysisGeographically, the global automotive brake linings market has been segmented into four major regions - North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
APAC is estimated to hold the highest market share throughout the forecast period owing to growing production and sales of automobiles from China, Japan and India.
