Global Automotive Brake System Market - Segmented by Product, Brake Pad Material, Sales Channel, Vehicle and Geography - Growth, Trends, and Forecast (2022 - 2030)

The global automotive brake system market is expected to record a CAGR 6.25% during the forecast period. The market will grow due to the rising demand for vehicles across the globe. Increasing purchasing power of people in many countries has created a need for quality life which has a direct impact on the demand for vehicles thereby driving the dependent automotive brakes market.

Increased awareness regarding safety has created a demand for advanced safety features in vehicles and technological advancements like the ABS, CBS etc. have been the major drivers behind the growth of brake industry. As brakes are continuously subjected to heat, friction etc., wear and tear is inevitable. To increase the life of brake pads, advancements in materials have also played a vital role in the growth of the market.

Market Dynamics

Drum brakes have become obsolete in passenger cars as they were earlier used for the rear wheels for cost reduction. But now, drum brakes have completely moved to only commercial vehicles and the demand for drum brakes is completely related to the commercial vehicle sales. European countries were the fastest to grow in terms of commercial vehicles sales around the world of which Iceland, Ireland, Denmark, Netherlands, Portugal and UK registered double digits growth rate since 2012. US also registered a healthy CAGR of 9.9% accounting to about 45% of the global commercial vehicle sales. Mexico is the fastest growing country in North America in terms of CV sales due to the increase in logistic services in the country.

The presence of major players and high initial investment cost are expected to restrict the entry of new market players. Automobile manufacturers enter long term service agreements (Ex: BMW-Federal Mogul) with component vendors, hence, it may be difficult for new players to become partners and win new agreements. Automobile manufacturers ought not to shift to new players due to quality, reliability, cost, and lead-time concerns.

Key Developments in the Market

• March 2018: Continental AG has introduced the third generation of the anti-lock braking system (ABS3) now responds with even greater speed and precision thanks to enhanced brake pressure control.
• July 2017: Continental acquired Singapore based mobility intelligence provider Quantum Inventions, to improve its sales through mobility services by 2022.

Major Players – BREMBO BRAKES, CARLISLE BRAKES AND FRICTION, CONTINENTAL AG, DELPHI, D HELLA, TVS BRAKE LININGS CO., amongst others

Reasons to Purchase this Report

• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• Detailed analysis on the product type that is expected to dominate the market
• Detailed analysis on the regions that are expected to witness fastest growth during the forecast period
• Identifying the latest developments, market shares, and strategies employed by the major market players.
• 3-month analyst support, along with the Market Estimate sheet (in excel)

Customization of the Report

This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your need.

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

Please Select a Format

market Reports market Reports