Asia Pacific Automotive Disc Brake Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Opposed Piston Type Disc Brake and Floating Caliper Type Disc Brake), Material Type (Cast Iron, Aluminum, Stainless Steel, and Others), and Vehicle Type (Passenger Vehicles, Light Commercial Vehicles (LCVs), and Heavy Commercial Vehicles (HCVs))

Code: TIPRE00024351 | Pages: 122 | Industry: Automotive and Transportation | Date: Aug 2021
Covid

Market Introduction

The automotive disc brakes market in APAC is expected to grow, owing to rise in population, rapid urbanization, and investments in automotive industries. The presence of developing economies such as China, India, South Korea, Malaysia, the Philippines, and Taiwan helps in making Asia a developing region. Stable economies and technological advancements support the growth of diversified industries and markets in Asia. As a global producer of automotive disc brakes, APAC is expected to be one of the fastest-growing markets. The automotive disc brake is in high demand in countries such as Japan, China, India, and Australia. The Asian countries are in the process of accepting electric and environmentally friendly mobility as a prominent means of transportation in the future. With increase in the adoption of electric vehicles, the demand for regenerative breaks will grow exponentially, which would play an influencing role in boosting the production cycle of automotive disc brakes.

In case of COVID-19, APAC is highly affected specially India. The COVID-19 that emerged in China has affected several neighboring countries such as India, South Korea, and Japan, among others. The government of APAC is taking possible steps to reduce coronavirus effects by announcing lockdown, and thus, impact the revenue generated by the market. China and India are among the leading manufacturing sectors in the region, and the most affected countries in the APAC region. Several markets have witnessed negative growth trends in the in the first half of the year in 2020. India, Japan, and South Korea among others are still combating the virus, which is a critical factor towards the slowdown in the growth of the automotive disc brake market. The lockdown has been having a severe impact on the automotive sector across the region. In Japan, the vehicles sales in August 2020, crossed 326,000 units, declining 16% on YoY basis. Similarly, in South Korea, the new vehicles sales in the country from top five automakers, such as Hyundai, Kia, SsangYong Motor, Renault, and General Motors have declined close to 6% reaching around 112,000 units. Thus, with the declining vehicle sales in APAC regions, the demand for automotive disc brake market has decreased in 2020. However, in 2021, with the uplifting of lockdowns and vaccination process, the manufacturing of passenger cars and commercial cars has started again. Therefore, this will lead the growth of automotive disc brake market in the region.


Get more information on this report :



Market Overview and Dynamics

The APAC automotive disc brake market is expected to grow from US$ 7,885.84 million in 2021 to US$ 10,542.62 million by 2028; it is estimated to grow at a CAGR of 4.2% from 2021 to 2028. The trend of urbanization is growing at an exponential rate, which is leading to the hike in the average disposal income of the urban population, allowing them to enhance their lifestyles. The transformed lifestyles are further boosting the demand for passenger cars, thus, propelling the manufacturers to uplift the production to be able to optimally cater to customers. The production of vehicles, including passenger cars, has registered a steady growth in the region, in the post-recession era, i.e., since 2010. Lowered interest rates on loans have also favored the growth of the automobile industry. The year-on-year growth rate of passenger car production has been closed to 2% in the past 7–8 years. Since the past few years, the consumer behavior toward intercity and intracity transit has transformed to a new level. With increase in disposable income of individuals and stable economic structure of countries, the production of vehicles has boosted exponentially. With the rising demand for cars, the car production has further got impacted positively, which is creating the requirement for braking systems. Massive production of automobile will continue to boost the demand for disc brakes across APAC region.

Key Market Segments

In terms of type, the floating caliper type disc brake segment accounted for the largest share of the APAC automotive disc brake market in 2020. In terms of material type, the cast iron segment held a larger market share of the APAC automotive disc brake market in 2020. Further, the passenger vehicles segment held a larger share of the APAC automotive disc brake market based on vehicle type in 2020.     

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the APAC automotive disc brake market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are ADVICS Aftermarket North America; Akebono Brake Industry Co., Ltd; Brembo S.p.A.; EBC Brakes; Haldex Group; Hitachi Astemo Americas, Inc.; Hyundai Mobis; Knorr-Bremse AG; Mando Corporation; and Nissin Kogyo Co., Ltd.

Reasons to buy report

  • To understand the APAC automotive disc brake market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC automotive disc brake market 
  • Efficiently plan M&A and partnership deals in APAC automotive disc brake market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC automotive disc brake market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in APAC region.

APAC Automotive Disc Brake Market Segmentation 

APAC Automotive Disc Brake Market - By Type

  • Opposed Piston Type Disc Brake 
  • Floating Caliper Type Disc Brake

APAC Automotive Disc Brake Market - By Material Type

  • Cast Iron
  • Aluminum
  • Stainless Steel
  • Others

APAC Automotive Disc Brake Market - By Vehicle Type

  • Passenger Vehicles  
  • Light Commercial Vehicles (LCVs)
  • Heavy Commercial Vehicles (HCVs)

APAC Automotive Disc Brake Market - By Country

  • China
  • India 
  • Japan 
  • South Korea
  • Rest of APAC

APAC Automotive Disc Brake Market - Company Profiles

  • ADVICS Aftermarket North America
  • Akebono Brake Industry Co., Ltd
  • Brembo S.p.A.  
  • EBC Brakes
  • Haldex Group
  • Hitachi Astemo Americas, Inc.
  • Hyundai Mobis
  • Knorr-Bremse AG
  • Mando Corporation
  • Nissin Kogyo Co., Ltd.

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           APAC Automotive Disc Brake Market Landscape

4.1         Market Overview

4.2         APAC PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinions

5.           APAC Automotive Disc Brake Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Escalating Production of Cars and Commercial Vehicles

5.1.2        Surging Norms for Reducing Fatalities Caused due to Vehicle Accidents

5.2         Market Restraints

5.2.1        Limitations of Iron Cast Material

5.3         Market Opportunities

5.3.1        Burgeoning Adoption of Electric Vehicles

5.4         Future Trends

5.4.1        Growth of Self-driving/Autonomous Vehicles

5.5         Impact Analysis of Drivers and Restraints

6.           Automotive Disc Brake Market – APAC Analysis

6.1         APAC Automotive Disc Brake Market Overview

6.2         APAC Automotive Disc Brake Market –Revenue and Forecast to 2028 (US$ Million)

7.           APAC Automotive Disc Brake Market Analysis – By Type

7.1         Overview

7.2         APAC Automotive Disc Brake Market Breakdown, By Type (2020 and 2028)

7.3         Opposed Piston Type Disc Brake

7.3.1        Overview

7.3.2        Opposed Piston Type Disc Brake: Automotive Disc Brake Market Revenue and Forecast to 2028 (US$ Million)

7.4         Floating Caliper Type Disc Brake

7.4.1        Overview

7.4.2        Floating Caliper Type Disc Brake: Automotive Disc Brake Market Revenue and Forecast to 2028 (US$ Million)

8.           APAC Automotive Disc Brake Market Analysis – By Material Type

8.1         Overview

8.2         APAC Automotive Disc Brake Market Breakdown, By Material Type (2020 and 2028)

8.3         Cast Iron

8.3.1        Overview

8.3.2        Cast Iron: Automotive Disc Brake Market Revenue and Forecast to 2028 (US$ Million)

8.4         Aluminum

8.4.1        Overview

8.4.2        Aluminum: Automotive Disc Brake Market Revenue and Forecast to 2028 (US$ Million)

8.5         Stainless Steel

8.5.1        Overview

8.5.2        Stainless Steel: Automotive Disc Brake Market Revenue and Forecast to 2028 (US$ Million)

8.6         Others

8.6.1        Overview

8.6.2        Others: Automotive Disc Brake Market Revenue and Forecast to 2028 (US$ Million)

9.           APAC Automotive Disc Brake Market Analysis – By Vehicle Type

9.1         Overview

9.2         APAC Automotive Disc Brake Market Breakdown, By Vehicle Type (2020 and 2028)

9.3         Passenger Vehicles

9.3.1        Overview

9.3.2        Passenger Vehicles: Automotive Disc Brake Market Revenue and Forecast to 2028 (US$ Million)

9.4         Light Commercial Vehicles (LCVs)

9.4.1        Overview

9.4.2        Light Commercial Vehicles (LCVs): Automotive Disc Brake Market Revenue and Forecast to 2028 (US$ Million)

9.5         Heavy Commercial Vehicles (HCVs)

9.5.1        Overview

9.5.2        Heavy Commercial Vehicles (HCVs): Automotive Disc Brake Market Revenue and Forecast to 2028 (US$ Million)

10.        APAC Automotive Disc Brake Market – Country Analysis

10.1      Overview

10.1.1     APAC: Automotive Disc Brake Market- by Key Country

10.1.1.1       China: Automotive Disc Brake Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1       China: Automotive Disc Brake Market- by Type

10.1.1.1.2       China: Automotive Disc Brake Market- By Material Type

10.1.1.1.3       China: Automotive Disc Brake Market- By Vehicle Type

10.1.1.2       India: Automotive Disc Brake Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1       India: Automotive Disc Brake Market- by Type

10.1.1.2.2       India: Automotive Disc Brake Market- By Material Type

10.1.1.2.3       India: Automotive Disc Brake Market- By Vehicle Type

10.1.1.3       Japan: Automotive Disc Brake Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1       Japan: Automotive Disc Brake Market- by Type

10.1.1.3.2       Japan: Automotive Disc Brake Market- By Material Type

10.1.1.3.3       Japan: Automotive Disc Brake Market- By Vehicle Type

10.1.1.4       South Korea: Automotive Disc Brake Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1       South Korea: Automotive Disc Brake Market- by Type

10.1.1.4.2       South Korea: Automotive Disc Brake Market- By Material Type

10.1.1.4.3       South Korea: Automotive Disc Brake Market- By Vehicle Type

10.1.1.5       Rest of APAC: Automotive Disc Brake Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1       Rest of APAC: Automotive Disc Brake Market- by Type

10.1.1.5.2       Rest of APAC: Automotive Disc Brake Market- By Material Type

10.1.1.5.3       Rest of APAC: Automotive Disc Brake Market- By Vehicle Type

11.        Impact of COVID-19 Pandemic on APAC Automotive Disc Brake Market

11.1      APAC: Impact Assessment of COVID-19 Pandemic

12.        Industry Landscape

12.1      New Development

13.        Company Profiles

13.1      Akebono Brake Industry Co., Ltd

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Nissin Kogyo Co., Ltd.

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      EBC Brakes

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Hitachi Astemo Americas, Inc.

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Knorr-Bremse AG

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Haldex Group

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      Mando Corporation

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      Brembo S.p.A.

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9      ADVICS Aftermarket North America

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

13.10   Hyundai Mobis

13.10.1  Key Facts

13.10.2  Business Description

13.10.3  Products and Services

13.10.4  Financial Overview

13.10.5  SWOT Analysis

13.10.6  Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

LIST OF TABLES

Table 1.             APAC Automotive Disc Brake Market – Revenue, and Forecast to 2028 (US$ Million)

Table 2.             China: Automotive Disc Brake Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 3.             China: Automotive Disc Brake Market- By Material Type –Revenue and Forecast to 2028 (US$ Million)

Table 4.             China: Automotive Disc Brake Market- By Vehicle Type –Revenue and Forecast to 2028 (US$ Million)

Table 5.             India: Automotive Disc Brake Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 6.             India: Automotive Disc Brake Market- By Material Type –Revenue and Forecast to 2028 (US$ Million)

Table 7.             India: Automotive Disc Brake Market- By Vehicle Type –Revenue and Forecast to 2028 (US$ Million)

Table 8.             Japan: Automotive Disc Brake Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 9.             Japan: Automotive Disc Brake Market- By Material Type –Revenue and Forecast to 2028 (US$ Million)

Table 10.          Japan: Automotive Disc Brake Market- By Vehicle Type –Revenue and Forecast to 2028 (US$ Million)

Table 11.          South Korea: Automotive Disc Brake Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 12.          South Korea: Automotive Disc Brake Market- By Material Type –Revenue and Forecast to 2028 (US$ Million)

Table 13.          South Korea: Automotive Disc Brake Market- By Vehicle Type –Revenue and Forecast to 2028 (US$ Million)

Table 14.          Rest of APAC: Automotive Disc Brake Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 15.          Rest of APAC: Automotive Disc Brake Market- By Material Type –Revenue and Forecast to 2028 (US$ Million)

Table 16.          Rest of APAC: Automotive Disc Brake Market- By Vehicle Type –Revenue and Forecast to 2028 (US$ Million)

Table 17.          List of Abbreviation

LIST OF FIGURES

Figure 1.           APAC Automotive Disc Brake Market Segmentation

Figure 2.           APAC Automotive Disc Brake Market Segmentation – By Country

Figure 3.           APAC Automotive Disc Brake Market Overview

Figure 4.           Floating Caliper Type Disc Brake Segment Held the Largest Market Share in 2020

Figure 5.           Cast Iron Segment Held the Largest Market Share in 2020

Figure 6.           Passenger Vehicles Segment Held the Largest Market Share in 2020

Figure 7.           China was the Largest Revenue Contributor in 2020

Figure 8.           APAC – PEST Analysis

Figure 9.           APAC Automotive Disc Brake Market– Ecosystem Analysis

Figure 10.        Expert Opinions

Figure 11.        APAC Automotive Disc Brake Market: Impact Analysis of Drivers and Restraints

Figure 12.        APAC Automotive Disc Brake Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        APAC Automotive Disc Brake Market Breakdown, By Type (2020 and 2028)

Figure 14.        APAC Opposed Piston Type Disc Brake: Automotive Disc Brake Market Revenue and Forecast to 2028 (US$ Million)

Figure 15.        APAC Floating Caliper Type Disc Brake: Automotive Disc Brake Market Revenue and Forecast to 2028 (US$ Million)

Figure 16.        APAC Automotive Disc Brake Market Breakdown, By Material Type (2020 and 2028)

Figure 17.        APAC Cast Iron: Automotive Disc Brake Market Revenue and Forecast to 2028 (US$ Million)

Figure 18.        APAC Aluminum: Automotive Disc Brake Market Revenue and Forecast to 2028 (US$ Million)

Figure 19.        APAC Stainless Steel: Automotive Disc Brake Market Revenue and Forecast to 2028 (US$ Million)

Figure 20.        APAC Others: Automotive Disc Brake Market Revenue and Forecast to 2028 (US$ Million)

Figure 21.        APAC Automotive Disc Brake Market Breakdown, By Vehicle Type (2020 and 2028)

Figure 22.        APAC Passenger Vehicles: Automotive Disc Brake Market Revenue and Forecast to 2028 (US$ Million)

Figure 23.        APAC Light Commercial Vehicles (LCVs): Automotive Disc Brake Market Revenue and Forecast to 2028 (US$ Million)

Figure 24.        APAC Heavy Commercial Vehicles (HCVs): Automotive Disc Brake Market Revenue and Forecast to 2028 (US$ Million)

Figure 25.        APAC: Automotive Disc Brake Market, by Key Country – Revenue (2020) (USD Million)

Figure 26.        APAC: Automotive Disc Brake Market Revenue Share, By Key Country (2020 and 2028)

Figure 27.        China: Automotive Disc Brake Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        India: Automotive Disc Brake Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Japan: Automotive Disc Brake Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        South Korea: Automotive Disc Brake Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Rest of APAC: Automotive Disc Brake Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.        Impact of COVID-19 Pandemic in APAC Country Markets

  1. ADVICS Aftermarket North America
  2. Akebono Brake Industry Co., Ltd
  3. Brembo S.p.A.
  4. EBC Brakes
  5. Haldex Group
  6. Hitachi Astemo Americas, Inc.
  7. Hyundai Mobis
  8. Knorr-Bremse AG
  9. Mando Corporation
  10. Nissin Kogyo Co., Ltd.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC automotive disc brake market.    
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the APAC automotive disc brake market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the automotive disc brake market, as well as those hindering it       
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution  
Report Code
Full Name
Country Name
Email Id
Phone Number
Job Title
Company
Requirement

Note : Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.


Related Tags Asia Pacific Automotive Disc Brake Market Asia Pacific Automotive Disc Brake Market Research Asia Pacific Automotive Disc Brake Market Insight Asia Pacific Automotive Disc Brake Market Trends Asia Pacific Automotive Disc Brake Market Forecast Asia Pacific Automotive Disc Brake Market Share Asia Pacific Automotive Disc Brake Market 2028 Asia Pacific Automotive Disc Brake Market Growth Asia Pacific Automotive Disc Brake Industry Sector Asia Pacific Automotive Disc Brake PDF Report Asia Pacific Automotive Disc Brake Analysis Asia Pacific Automotive Disc Brake Research Competitive Analysis

Purchase Options
Single User License
$3000
Site License
$4000
Enterprise License
$5000