North America Automotive Backing Plate Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Brake Types (Disc Brake and Drum Brake), Brake Material Type (Aluminium, Iron, and Others), and Vehicle Type (Passenger Cars, Light Commercial Vehicle, and Heavy Commercial Vehicle)

The North America Automotive Backing Plate market is expected to reach US$ 146.55 million by 2028 from US$ 117.83 million in 2021. It is estimated to grow at a CAGR of 3.2% from 2021 to 2028.

Functional safety aims to reduce the risks associated with product design and development. Many dangers and possible failures must be addressed with an active system that recognizes and responds to these issues. The ISO 26262 standard specifies which aspects should be examined and safeguarded in the car industry and ensures this avoidance. The standard also explains how to compute the Automotive Safety Integrity Level (ASIL) based on various parameters, including the likelihood and severity of an injury. The North America automotive backing plate market is expected to grow at a good CAGR during the forecast period.

North America Automotive Backing Plate Revenue and Forecast to 2028 (US$ Million)

North America Automotive Backing Plate Market Segmentation          

The North America automotive backing plate market is segmented on the basis of brake types, brake material type, vehicle type, and country. Based on brake types, the market is bifurcated into disc brakes and drum brakes. In 2020, the drum brake segment held a larger market share. Based on brake material type, the market is segmented into aluminum, iron, and others. In 2020, the others segment held a largest market share. Based on vehicle type, the market is categorized into passenger cars, light commercial vehicle, and heavy commercial vehicle. In 2020, the passenger cars segment held a largest market share.

Based on country, the North America automotive backing plate market is fragmented into the US, Mexico, and Canada. The US contributed a substantial share in 2020.

Super Circle, NUCAP, MAT Foundry Group Ltd, Dorman Products, ORTHLINGHAUS-WERKE Gmbh, Sparex, and ACDelco are the leading companies in the market.

1. Super Circle.

2. NUCAP.

3. MAT Foundry Group Ltd.

4. Dorman Products.

5. ORTHLINGHAUS-WERKE Gmbh.

6. Sparex.

7. ACDelco.

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