The North America Automotive Brake Pad Market would witness market growth of 5.2% CAGR during the forecast period (2022-2028).
The inspection and replacement of disc brake pads are simpler than that of other friction linings. Additionally, these work well to lessen the driver's pedal effort. The material used to make brake pads has properties such as quick recovery, friction coefficient, resistance to wear, and others. There are four different kinds of brake pads: semi-metallic, low metallic non-asbestos organic (NAO), and ceramic.
Since there is no standard brake pad size, the size and shape requirements will vary depending on the car. A vehicle's braking performance is enhanced with brake pads, which also make stopping easier. The substance used in brake pads is the only factor that affects how effective they are. Brake pads have a high coefficient of friction and cause less wear.
In order to improve friction properties at both high and low temperatures, minimize noise and porosity, and increase stiffness and strength of the brake pads, the friction materials used in brake pads are composed of a combination of lubricant and abrasive elements. Reinforced fibers, binders, additives, and fillers are all different types of the friction material that is used. The market's demand for brake pads has been driven by an increase in consumer demand for improved high-speed braking.
The demand for commercial vehicles in North America is increasing. This is owing to the increasing demand for long-distance operations by fleet management. In addition, municipal governments are enacting a variety of carbon emissions-related laws. As a result, local manufacturers are implementing the same technology in buses as well as commercial vehicles in an effort to reduce carbon emissions, but they will face distinct obstacles. Long-distance hauling vehicles have previously undergone significant duty cycle and fuel efficiency optimization. As the demand for automobiles in the region increases, so does the necessity for equipment that ensures safe driving. Thus, the North American market for automotive brake pads would expand.
The US market dominated the North America Automotive Brake Pad Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,002 million by 2028.The Canada market is poised to grow at a CAGR of 7.6% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 6.6% during (2022 - 2028).
Based on Material, the market is segmented into Non-Asbestos Organic, Semi Metallic, Low Metallic NAO and Ceramic. Based on Position, the market is segmented into Front & Rear and Front. Based on Sales Channel, the market is segmented into Aftermarket and OEM. Based on Vehicle Type, the market is segmented into Passenger Cars, Light Commercial Vehicles, Two Wheelers and Heavy Commercial Vehicles. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Automotive Brake Pad Market is Predict to reach $5.1 Billion by 2028, at a CAGR of 5.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Continental AG, Robert Bosch GmbH, ZF Friedrichshafen AG, Brembo S.p.A., BorgWarner, Inc., ITT, Inc., Tenneco, Inc. (Apollo Funds), Akebono Brake Industry Co., Ltd., ADVICS Co., Ltd. (Aisin Corporation), and Brake Parts, Inc. (First Brands Group).
Scope of the Study
Market Segments Covered in the Report:
By Material
- Non-Asbestos Organic
- Semi Metallic
- Low Metallic NAO
- Ceramic
By Position
By Sales Channel
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Two Wheelers
- Heavy Commercial Vehicles
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Continental AG
- Robert Bosch GmbH
- ZF Friedrichshafen AG
- Brembo S.p.A.
- BorgWarner, Inc.
- ITT, Inc.
- Tenneco, Inc. (Apollo Funds)
- Akebono Brake Industry Co., Ltd.
- ADVICS Co., Ltd. (Aisin Corporation)
- Brake Parts, Inc. (First Brands Group)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Automotive Brake Pad Market, by Material
1.4.2 North America Automotive Brake Pad Market, by Position
1.4.3 North America Automotive Brake Pad Market, by Sales Channel
1.4.4 North America Automotive Brake Pad Market, by Vehicle Type
1.4.5 North America Automotive Brake Pad Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Product Launches and Product Expansions
3.2.2 Acquisition and Mergers
3.2.3 Joint Ventures
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Sep – 2022, Nov) Leading Players
Chapter 4. North America Automotive Brake Pad Market by Material
4.1 North America Non Asbestos Organic Market by Country
4.2 North America Semi Metallic Market by Country
4.3 North America Low Metallic NAO Market by Country
4.4 North America Ceramic Market by Country
Chapter 5. North America Automotive Brake Pad Market by Position
5.1 North America Front & Rear Market by Country
5.2 North America Front Market by Country
Chapter 6. North America Automotive Brake Pad Market by Sales Channel
6.1 North America Aftermarket Market by Country
6.2 North America OEM Market by Country
Chapter 7. North America Automotive Brake Pad Market by Vehicle Type
7.1 North America Passenger Cars Market by Country
7.2 North America Light Commercial Vehicles Market by Country
7.3 North America Two Wheelers Market by Country
7.4 North America Heavy Commercial Vehicles Market by Country
Chapter 8. North America Automotive Brake Pad Market by Country
8.1 US Automotive Brake Pad Market
8.1.1 US Automotive Brake Pad Market by Material
8.1.2 US Automotive Brake Pad Market by Position
8.1.3 US Automotive Brake Pad Market by Sales Channel
8.1.4 US Automotive Brake Pad Market by Vehicle Type
8.2 Canada Automotive Brake Pad Market
8.2.1 Canada Automotive Brake Pad Market by Material
8.2.2 Canada Automotive Brake Pad Market by Position
8.2.3 Canada Automotive Brake Pad Market by Sales Channel
8.2.4 Canada Automotive Brake Pad Market by Vehicle Type
8.3 Mexico Automotive Brake Pad Market
8.3.1 Mexico Automotive Brake Pad Market by Material
8.3.2 Mexico Automotive Brake Pad Market by Position
8.3.3 Mexico Automotive Brake Pad Market by Sales Channel
8.3.4 Mexico Automotive Brake Pad Market by Vehicle Type
8.4 Rest of North America Automotive Brake Pad Market
8.4.1 Rest of North America Automotive Brake Pad Market by Material
8.4.2 Rest of North America Automotive Brake Pad Market by Position
8.4.3 Rest of North America Automotive Brake Pad Market by Sales Channel
8.4.4 Rest of North America Automotive Brake Pad Market by Vehicle Type
Chapter 9. Company Profiles
9.1 Continental AG
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Joint Venture:
9.1.4.2 Product Launches and Product Expansions:
9.1.5 Research & Development Expense
9.1.6 SWOT Analysis
9.2 Robert Bosch GmbH
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Brembo S.p.A.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Recent strategies and developments:
9.3.4.1 Joint Ventures:
9.3.4.2 Product Launches and Product Expansions:
9.3.4.3 Acquisition and Mergers:
9.3.4.4 Geographical Expansions:
9.4 ZF Friedrichshafen AG
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.5.2 Acquisition and Mergers:
9.4.5.3 Geographical Expansions:
9.5 ITT, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Geographical Expansions:
9.6 ADVICS Co., Ltd. (Aisin Corporation)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.7 BorgWarner, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional & Segmental Analysis
9.7.4 Research & Development Expenses
9.8 Akebono Brake Industry Co., Ltd.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Product Category and Regional Analysis
9.8.4 Research & Development Expenses
9.9 Tenneco, Inc. (Apollo Credit Management, LLC)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional & Segmental Analysis
9.9.4 Research & Development Expenses
9.10. Brake Parts, Inc. (First Brands Group)
9.10.1 Company Overview
TABLE 1 North America Automotive Brake Pad Market, 2018 - 2021, USD Million
TABLE 2 North America Automotive Brake Pad Market, 2022 - 2028, USD Million
TABLE 3 Product Launches And Product Expansions– Automotive Brake Pad Market
TABLE 4 Acquisition and Mergers– Automotive Brake Pad Market
TABLE 5 Joint ventures – Automotive Brake Pad Market
TABLE 6 geographial expansions – Automotive Brake Pad Market
TABLE 7 North America Automotive Brake Pad Market by Material, 2018 - 2021, USD Million
TABLE 8 North America Automotive Brake Pad Market by Material, 2022 - 2028, USD Million
TABLE 9 North America Non Asbestos Organic Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Non Asbestos Organic Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Semi Metallic Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Semi Metallic Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Low Metallic NAO Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Low Metallic NAO Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Ceramic Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Ceramic Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Automotive Brake Pad Market by Position, 2018 - 2021, USD Million
TABLE 18 North America Automotive Brake Pad Market by Position, 2022 - 2028, USD Million
TABLE 19 North America Front & Rear Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Front & Rear Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Front Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Front Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Automotive Brake Pad Market by Sales Channel, 2018 - 2021, USD Million
TABLE 24 North America Automotive Brake Pad Market by Sales Channel, 2022 - 2028, USD Million
TABLE 25 North America Aftermarket Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Aftermarket Market by Country, 2022 - 2028, USD Million
TABLE 27 North America OEM Market by Country, 2018 - 2021, USD Million
TABLE 28 North America OEM Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Automotive Brake Pad Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 30 North America Automotive Brake Pad Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 31 North America Passenger Cars Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Passenger Cars Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Light Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Light Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Two Wheelers Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Two Wheelers Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Heavy Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Heavy Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Automotive Brake Pad Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Automotive Brake Pad Market by Country, 2022 - 2028, USD Million
TABLE 41 US Automotive Brake Pad Market, 2018 - 2021, USD Million
TABLE 42 US Automotive Brake Pad Market, 2022 - 2028, USD Million
TABLE 43 US Automotive Brake Pad Market by Material, 2018 - 2021, USD Million
TABLE 44 US Automotive Brake Pad Market by Material, 2022 - 2028, USD Million
TABLE 45 US Automotive Brake Pad Market by Position, 2018 - 2021, USD Million
TABLE 46 US Automotive Brake Pad Market by Position, 2022 - 2028, USD Million
TABLE 47 US Automotive Brake Pad Market by Sales Channel, 2018 - 2021, USD Million
TABLE 48 US Automotive Brake Pad Market by Sales Channel, 2022 - 2028, USD Million
TABLE 49 US Automotive Brake Pad Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 50 US Automotive Brake Pad Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 51 Canada Automotive Brake Pad Market, 2018 - 2021, USD Million
TABLE 52 Canada Automotive Brake Pad Market, 2022 - 2028, USD Million
TABLE 53 Canada Automotive Brake Pad Market by Material, 2018 - 2021, USD Million
TABLE 54 Canada Automotive Brake Pad Market by Material, 2022 - 2028, USD Million
TABLE 55 Canada Automotive Brake Pad Market by Position, 2018 - 2021, USD Million
TABLE 56 Canada Automotive Brake Pad Market by Position, 2022 - 2028, USD Million
TABLE 57 Canada Automotive Brake Pad Market by Sales Channel, 2018 - 2021, USD Million
TABLE 58 Canada Automotive Brake Pad Market by Sales Channel, 2022 - 2028, USD Million
TABLE 59 Canada Automotive Brake Pad Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 60 Canada Automotive Brake Pad Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 61 Mexico Automotive Brake Pad Market, 2018 - 2021, USD Million
TABLE 62 Mexico Automotive Brake Pad Market, 2022 - 2028, USD Million
TABLE 63 Mexico Automotive Brake Pad Market by Material, 2018 - 2021, USD Million
TABLE 64 Mexico Automotive Brake Pad Market by Material, 2022 - 2028, USD Million
TABLE 65 Mexico Automotive Brake Pad Market by Position, 2018 - 2021, USD Million
TABLE 66 Mexico Automotive Brake Pad Market by Position, 2022 - 2028, USD Million
TABLE 67 Mexico Automotive Brake Pad Market by Sales Channel, 2018 - 2021, USD Million
TABLE 68 Mexico Automotive Brake Pad Market by Sales Channel, 2022 - 2028, USD Million
TABLE 69 Mexico Automotive Brake Pad Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 70 Mexico Automotive Brake Pad Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 71 Rest of North America Automotive Brake Pad Market, 2018 - 2021, USD Million
TABLE 72 Rest of North America Automotive Brake Pad Market, 2022 - 2028, USD Million
TABLE 73 Rest of North America Automotive Brake Pad Market by Material, 2018 - 2021, USD Million
TABLE 74 Rest of North America Automotive Brake Pad Market by Material, 2022 - 2028, USD Million
TABLE 75 Rest of North America Automotive Brake Pad Market by Position, 2018 - 2021, USD Million
TABLE 76 Rest of North America Automotive Brake Pad Market by Position, 2022 - 2028, USD Million
TABLE 77 Rest of North America Automotive Brake Pad Market by Sales Channel, 2018 - 2021, USD Million
TABLE 78 Rest of North America Automotive Brake Pad Market by Sales Channel, 2022 - 2028, USD Million
TABLE 79 Rest of North America Automotive Brake Pad Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 80 Rest of North America Automotive Brake Pad Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 81 Key Information – Continental AG
TABLE 82 key information – Robert Bosch GmbH
TABLE 83 Key Information – Brembo S.p.A.
TABLE 84 Key Information – ZF Friedrichshafen AG
TABLE 85 Key Information – ITT, Inc.
TABLE 86 Key Information – ADVICS Co., Ltd.
TABLE 87 Key Information – BorgWarner, Inc.
TABLE 88 Key Information –Akebono Brake Industry Co., Ltd.
TABLE 89 Key information – Tenneco, Inc.
TABLE 90 Key Information – Brake Parts, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Sep – 2022, Nov) Leading Players
FIG 5 SWOT Analysis: Continental AG
FIG 6 Swot analysis: Robert Bosch GmbH
FIG 7 Recent strategies and developments: Brembo S.p.A.
FIG 8 Recent strategies and developments: ZF Friedrichshafen AG