PUBLISHER: TechNavio | PRODUCT CODE: 1908893
PUBLISHER: TechNavio | PRODUCT CODE: 1908893
The global automotive brake pad market is forecasted to grow by USD 11036.0 mn during 2025-2030, accelerating at a CAGR of 10.4% during the forecast period. The report on the global automotive brake pad market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing global vehicle parc and average vehicle age, stringent safety and environmental regulations, technological advancements and vehicle electrification.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2026 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 9.3% |
| CAGR | 10.4% |
| Incremental Value | $11036.0 mn |
Technavio's global automotive brake pad market is segmented as below:
By Type
By Vehicle Type
By Distribution Channel
Geography
This study identifies the focus on sustainable and lightweight friction materials as one of the prime reasons driving the global automotive brake pad market growth during the next few years. Also, emergence of ev specific brake pad formulations and digital transformation of aftermarket and supply chain will lead to sizable demand in the market.
The report on the global automotive brake pad market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global automotive brake pad market vendors that include AISIN Corp., Akebono Brake Industry Co., Allied Nippon Pvt. Ltd., Amotiv Ltd., BorgWarner Inc., Brembo Spa, Continental AG, EBC Brakes, First Brands Group, General Motors Co., Hindustan Composites Ltd., Nisshinbo Holdings Inc., PowerStop LLC., Robert Bosch GmbH, SANGSIN BRAKE Co., Stanley Black and Decker Inc., Steinhof Sp, Tenneco Inc.. Also, the global automotive brake pad market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.