From U.S. (Toll Free) : +16467917070    |   UK : +442030260021     |    sales@businessmarketinsights.com
navigation

Middle East & Africa Automotive Brake Friction Products Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Disc Materials (Metallic, Ceramic, and Composite), Product Type (Brake Shoe, Brake Pad, Brake Liner, Brake Disc, and Drum Brake), and Vehicle Type (Passenger Vehicles and Commercial Vehicles)

Report Code :  BMIRE00025520
No. of Pages :  120
Published Month :  Aug 2022
Category :  Automotive and Transportation
$299 per month

Best Plan
  • All Reports in One Industry
  • All Reports Read Access
  • Subscription Duration : 12 Months
  • Monthly New Reports Added
  • $1200 Yearly Saving

The automotive brake friction products market in Middle East & Africa is expected to grow from US$ 252.22 million in 2021 to US$ 276.63 million by 2028; it is estimated to grow at a CAGR of 1.3% from 2021 to 2028.

 

Phenolic composite brake pad backing plates are 75% lighter, inert, corrosion-free, thermally insulating, and have superior damping properties required for electric vehicle braking duty cycles. Further, on March 20, 2020, NRS Brakes introduced NRS EV brake pads engineered for electric and electric-hybrid vehicles that utilize regenerative braking and friction braking for the Tesla Model 3. EVs are typically much heavier than their internal combustion engine counterparts. For instance, the additional weight of the battery packs, which can add up to 800 kg to the vehicle's weight, directly impacts the braking system's design and size. The weight gain is significant, with models such as the Mercedes-Benz EQV Luxury passenger van weighing in at over ~3 tons, while the Audi e-tron 55 SUV and several other luxury models weigh over ~2,600 kg. Therefore, several EV manufacturers are constantly engaging in research and development for developing lightweight brakes. The duty cycle of foundation brakes is being transformed by EV regenerative braking systems, with regenerative systems accounting for the majority of vehicle braking during day-to-day driving. Traditional “foundation” braking systems cannot be eliminated or removed from the vehicles as they are used as a backup braking system on EVs. The demand for foundation brakes in trucks and buses is high as these foundation brakes play a vital role in case of emergence braking; as a result, the demand for automotive brake friction products will further increase. The regenerative braking failures in BEVs (Battery Electric Vehicles) have been observed in recent years. EVs also have conventional braking systems similar to regular vehicles. Rotors, which are metal discs, are used in EVs. Because of the additional batteries, reinforced framework and suspension, and metal armor around the battery to protect it, electric cars are heavier, which leads to an increased weight of EVs; as a result, more significant and lighter foundation brakes are required. Therefore, with the growing trend toward environmental sustainability, there is a high demand for EVs, which will create numerous lucrative opportunities for the automotive brake friction products market key players.

 

 

Middle East & Africa Automotive Brake Friction Products Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Automotive Brake Friction Products Market Revenue and Forecast to 2028 (US$ Million)

 

Middle East & Africa Automotive Brake Friction Products Market Segmentation      

 

The Middle East & Africa automotive brake friction products market is segmented into disc materials, product type, vehicle type, and country. Based on disc materials, the Middle East & Africa automotive brake friction products market is segmented into metallic, ceramic, and composite. In 2020, the ceramic segment held the largest market share. Based on product type, the market is segmented into brake shoe, brake pad, brake disc, brake liner and drum brake. In 2020, the brake liner segment held the largest market share. Based on vehicle type, the market is bifurcated into passenger vehicles and commercial vehicles. In 2020, the commercial vehicles segment held a larger market share. Similarly, based on country, the Middle East & Africa automotive brake friction products market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Further, South Africa contributed a substantial share in 2020. 

 

AISIN SEIKI Co.Ltd.; AKEBONO BRAKE INDUSTRY CO., LTD; Bendix Spicer Foundation Brake LLC; BOSCH Auto Parts; Carlisle Brake Friction; and Delphi Auto Part; are among the leading companies operating in the Middle East & Africa automotive brake friction products market.

  1. AISIN SEIKI Co.Ltd.
  2. AKEBONO BRAKE INDUSTRY CO., LTD
  3. Bendix Spicer Foundation Brake LLC
  4. BOSCH Auto Parts
  5. Carlisle Brake Friction
  6. Delphi Auto Parts
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa Automotive Brake Friction Products 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 Middle East & Africa Automotive Brake Friction Products 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 Middle East & Africa market trends and outlook coupled with the factors driving the Automotive Brake Friction Products 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