Global and China Brake Friction Market Insights, Forecast to 2026

A brake is a mechanical device that inhibits motion by absorbing energy from a moving system. It is used for slowing or stopping a moving vehicle, wheel, axle, or to prevent its motion, most often accomplished by means of friction.
Brake friction market has a steady growth owing to increasing vehicle production, increasing demand for electric vehicles, growing technological advancements, growing awareness among consumers regarding vehicle safety and growing replacement market for brake friction.

Market Analysis and Insights: Global and China Brake Friction Market
This report focuses on global and China Brake Friction QYR Global and China market.
The global Brake Friction market size is projected to reach US$ 26230 million by 2026, from US$ 25330 million in 2020, at a CAGR of 0.6% during 2021-2026.

Global Brake Friction Scope and Market Size
Brake Friction market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Brake Friction market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.

Segment by Type, the Brake Friction market is segmented into
Brake Disc
Drum Brake

Segment by Application, the Brake Friction market is segmented into
Passenger Car
Commercial Vehicles

Regional and Country-level Analysis
The Brake Friction market is analysed and market size information is provided by regions (countries).
The key regions covered in the Brake Friction market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Brake Friction Market Share Analysis
Brake Friction market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Brake Friction business, the date to enter into the Brake Friction market, Brake Friction product introduction, recent developments, etc.
The major vendors covered:
Aisin Seiki
Bosch
Brembo
Delphi
Nisshinbo
Akebono
Miba
Meritor
Tenneco(Federal-Mogul)
SGL Carbon