According to TechSci Research report, “Automotive Brake Components Aftermarket – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the Global Automotive Brake Components Aftermarket stood at USD 33.74 Billion in 2023 and is anticipated to grow with a CAGR of 6.64% in the forecast period, 2025-2029. The global automotive brake components aftermarket is a dynamic sector integral to the automotive industry, encompassing a wide array of replacement and performance-enhancing parts for braking systems. As vehicles age and accumulate mileage, the demand for aftermarket brake components continues to grow, driven by the need for maintenance, repairs, and upgrades. Key components in this aftermarket include disc brakes, drum brakes, brake pads, rotors, calipers, and other essential elements that ensure optimal braking performance.
One of the primary drivers of the aftermarket is the sheer size of the global vehicle parc. As the number of vehicles on the road increases, the natural wear and tear on brake components creates a consistent need for replacements. Consumers and fleet operators turn to the aftermarket to source cost-effective and high-quality brake components that meet or exceed original equipment standards.The aftermarket is also shaped by a heightened focus on vehicle safety. Stringent regulations and an increased emphasis on safety standards worldwide prompt consumers to prioritize the regular maintenance and replacement of brake components. This emphasis on safety extends beyond compliance to a broader awareness among vehicle owners about the critical role of well-functioning brakes in overall road safety.Furthermore, the aftermarket is witnessing a trend towards customization and performance upgrades. Enthusiasts and car owners seeking enhanced braking capabilities, especially in high-performance and sports vehicles, turn to aftermarket solutions. This includes the adoption of innovative and high-performance brake components designed to deliver superior stopping power, reduced brake fade, and an overall improved driving experience.E-commerce platforms and online retail channels have also significantly impacted the distribution of aftermarket brake components. Consumers now have convenient access to a wide range of products, enabling them to compare prices, read reviews, and make informed purchasing decisions. This shift towards digital channels has reshaped the aftermarket landscape, providing both traditional and online retailers with new opportunities for market reach.
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The North American automotive brake components aftermarket reflects a mature market with a strong emphasis on safety and technological advancements. Disc brakes dominate the replacement landscape, favored for their superior performance. In the United States and Canada, a well-established network of auto parts retailers and online platforms contributes to the accessibility of aftermarket brake components. The region’s tech-savvy consumers, coupled with a trend toward customization and high-performance vehicles, drive sustained demand for innovative brake solutions. Europe’s aftermarket is influenced by a diverse automotive landscape that includes luxury and high-performance vehicles. Disc brakes are prominent, particularly in regions where consumers prioritize performance and safety. The aftermarket benefits from a robust logistics network and a growing trend toward eco-friendly brake solutions. Drum brakes, while less dominant, find application in certain vehicle segments. Europe’s aftermarket dynamics are shaped by a mix of stringent safety standards, sustainability initiatives, and consumer preferences for advanced braking technologies.The Asia-Pacific region witnesses a dynamic automotive brake components aftermarket fueled by the rapid growth of the automotive industry. Disc brakes are in high demand, especially in countries with a strong focus on technology and performance. The region’s increasing vehicle parc and a rising middle-class population contribute to aftermarket growth. E-commerce platforms play a significant role, providing consumers with convenient access to a diverse range of aftermarket brake components. Drum brakes maintain significance, particularly in emerging markets with a preference for affordable and reliable solutions.The Middle East and Africa experience a steady but evolving automotive brake components aftermarket. Disc brakes dominate luxury vehicles in the affluent Middle Eastern markets, where consumers seek high-performance solutions. In Africa, the market is characterized by a mix of affordability and durability, driving demand for both disc and drum brake components in passenger cars. Commercial vehicles in the Middle East often prioritize robust drum brake systems for their reliability in challenging conditions. The aftermarket landscape in these regions is influenced by climatic considerations, with a focus on durable components that can withstand varying environmental conditions.Major companies operating in the Global Automotive Brake Components Aftermarket are:
- Akebono Brake Industry Co. Ltd.ABS Friction IncBaer Inc.BorgWarner Inc.Brembo SpACarlisle Companies Inc.Continental AGDisc Brakes Australia Pty. Ltd.First Brands GroupFreeman Automotive UK Ltd.
- Introduction 1.1. Product Overview1.2. Key Highlights of the Report1.3. Market Coverage1.4. Market Segments Covered1.5. Research Tenure Considered
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“In the realm of automotive brake components aftermarket, experts underscore a continual surge driven by the aging global vehicle parc, amplified safety awareness, and an escalating trend of vehicle customization. The pivotal role of aftermarket solutions in meeting evolving consumer preferences and ensuring optimal vehicle performance is highlighted. Experts emphasize the necessity for suppliers to align with technological advancements and sustainability initiatives to navigate the evolving landscape successfully,” said Mr. Karan Chichi, Research Director with TechSci Research, a research-based management consulting firm.“Automotive Brake Components Aftermarket – Global Industry Size, Share, Trends Opportunity, and Forecast, Segmented By Product Type (Disc Brakes and Drum Brakes), By Vehicle Type (Passenger Vehicles, Commercial Vehicles), By Sales Channel (Online and Offline), By Region, Competition, 2019-2029”, has evaluated the future growth potential of Global Automotive Brake Components Aftermarket and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Automotive Brake Components Aftermarket. You may also read:Automotive Alloys Market Analysis, Development [2029], Key TermsAutomotive E Compressor Market Advancements and Business Opportunities [2029]Automotive Clutch Market [2029] – Analysis, Trends, & Insights Table of Content-Automotive Brake Components AfterMarket Industry- Research Methodology
2.1. Objective of the Study2.2. Baseline Methodology2.3. Key Industry Partners2.4. Major Association and Secondary Sources2.5. Forecasting Methodology2.6. Data Triangulation & Validation2.7. Assumptions and Limitations
- Executive Summary
3.1. Market Overview3.2. Market Forecast3.3. Key Regions3.4. Key Segments
- Impact of COVID-19 on Global Automotive Brake Components AftermarketGlobal Automotive Brake Components Aftermarket Outlook
5.1. Market Size & Forecast5.1.1. By Value5.2. Market Share & Forecast5.2.1. By Product Type Market Share Analysis (Disc Brakes and Drum Brakes)5.2.2. By Vehicle Type Market Share Analysis (Passenger Vehicles, Commercial Vehicles)5.2.3. By Sales Channel Market Share Analysis (Online and Offline)5.2.4. By Regional Market Share Analysis5.2.4.1. Asia-Pacific Market Share Analysis5.2.4.2. Europe & CIS Market Share Analysis5.2.4.3. North America Market Share Analysis5.2.4.4. South America Market Share Analysis5.2.4.5. Middle East & Africa Market Share Analysis5.2.5. By Company Market Share Analysis (Top 5 Companies, Others – By Value, 2023)5.3. Global Automotive Brake Components Aftermarket Mapping & Opportunity Assessment5.3.1. By Product Type Market Mapping & Opportunity Assessment5.3.2. By Vehicle Type Market Mapping & Opportunity Assessment5.3.3. By Sales Channel Market Mapping & Opportunity Assessment5.3.4. By Regional Market Mapping & Opportunity Assessment
- Asia-Pacific Automotive Brake Components Aftermarket Outlook
6.1. Market Size & Forecast6.1.1. By Value6.2. Market Share & Forecast6.2.1. By Product Type Market Share Analysis6.2.2. By Vehicle Type Market Share Analysis6.2.3. By Sales Channel Market Share Analysis6.2.4. By Country Market Share Analysis6.2.4.1. China Market Share Analysis6.2.4.2. India Market Share Analysis6.2.4.3. Japan Market Share Analysis6.2.4.4. Indonesia Market Share Analysis6.2.4.5. Thailand Market Share Analysis6.2.4.6. South Korea Market Share Analysis6.2.4.7. Australia Market Share Analysis6.2.4.8. Rest of Asia-Pacific Market Share Analysis6.3. Asia-Pacific: Country Analysis6.3.1. China Automotive Brake Components Aftermarket Outlook6.3.1.1. Market Size & Forecast6.3.1.1.1. By Value6.3.1.2. Market Share & Forecast6.3.1.2.1. By Product Type Market Share Analysis6.3.1.2.2. By Vehicle Type Market Share Analysis6.3.1.2.3. By Sales Channel Market Share Analysis6.3.2. India Automotive Brake Components Aftermarket Outlook6.3.2.1. Market Size & Forecast6.3.2.1.1. By Value6.3.2.2. Market Share & Forecast6.3.2.2.1. By Product Type Market Share Analysis6.3.2.2.2. By Vehicle Type Market Share Analysis6.3.2.2.3. By Sales Channel Market Share Analysis6.3.3. Japan Automotive Brake Components Aftermarket Outlook6.3.3.1. Market Size & Forecast6.3.3.1.1. By Value6.3.3.2. Market Share & Forecast6.3.3.2.1. By Product Type Market Share Analysis6.3.3.2.2. By Vehicle Type Market Share Analysis6.3.3.2.3. By Sales Channel Market Share Analysis6.3.4. Indonesia Automotive Brake Components Aftermarket Outlook6.3.4.1. Market Size & Forecast6.3.4.1.1. By Value6.3.4.2. Market Share & Forecast6.3.4.2.1. By Product Type Market Share Analysis6.3.4.2.2. By Vehicle Type Market Share Analysis6.3.4.2.3. By Sales Channel Market Share Analysis6.3.5. Thailand Automotive Brake Components Aftermarket Outlook6.3.5.1. Market Size & Forecast6.3.5.1.1. By Value6.3.5.2. Market Share & Forecast6.3.5.2.1. By Sales Channel Market Share Analysis6.3.5.2.2. By Vehicle Type Market Share Analysis6.3.5.2.3. By Sales Channel Market Share Analysis6.3.6. South Korea Automotive Brake Components Aftermarket Outlook6.3.6.1. Market Size & Forecast6.3.6.1.1. By Value6.3.6.2. Market Share & Forecast6.3.6.2.1. By Product Type Market Share Analysis6.3.6.2.2. By Vehicle Type Market Share Analysis6.3.6.2.3. By Sales Channel Market Share Analysis6.3.7. Australia Automotive Brake Components Aftermarket Outlook6.3.7.1. Market Size & Forecast6.3.7.1.1. By Value6.3.7.2. Market Share & Forecast6.3.7.2.1. By Product Type Market Share Analysis6.3.7.2.2. By Vehicle Type Market Share Analysis6.3.7.2.3. By Sales Channel Market Share Analysis
- Europe & CIS Automotive Brake Components Aftermarket Outlook
7.1. Market Size & Forecast7.1.1. By Value7.2. Market Share & Forecast7.2.1. By Product Type Market Share Analysis7.2.2. By Vehicle Type Market Share Analysis7.2.3. By Sales Channel Market Share Analysis7.2.4. By Country Market Share Analysis7.2.4.1. Germany Market Share Analysis7.2.4.2. Spain Market Share Analysis7.2.4.3. France Market Share Analysis7.2.4.4. Russia Market Share Analysis7.2.4.5. Italy Market Share Analysis7.2.4.6. United Kingdom Market Share Analysis7.2.4.7. Belgium Market Share Analysis7.2.4.8. Rest of Europe & CIS Market Share Analysis7.3. Europe & CIS: Country Analysis7.3.1. Germany Automotive Brake Components Aftermarket Outlook7.3.1.1. Market Size & Forecast7.3.1.1.1. By Value7.3.1.2. Market Share & Forecast7.3.1.2.1. By Product Type Market Share Analysis7.3.1.2.2. By Vehicle Type Market Share Analysis7.3.1.2.3. By Sales Channel Market Share Analysis7.3.2. Spain Automotive Brake Components Aftermarket Outlook7.3.2.1. Market Size & Forecast7.3.2.1.1. By Value7.3.2.2. Market Share & Forecast7.3.2.2.1. By Product Type Market Share Analysis7.3.2.2.2. By Vehicle Type Market Share Analysis7.3.2.2.3. By Sales Channel Market Share Analysis7.3.3. France Automotive Brake Components Aftermarket Outlook7.3.3.1. Market Size & Forecast7.3.3.1.1. By Value7.3.3.2. Market Share & Forecast7.3.3.2.1. By Product Type Market Share Analysis7.3.3.2.2. By Vehicle Type Market Share Analysis7.3.3.2.3. By Sales Channel Market Share Analysis