Automotive Brakes Market Research Report By Vehicle Type (Passenger Cars, Commercial Vehicles, Two Wheelers), By Brake Type (Disc Brakes, Drum Brakes, Regenerative Braking Systems), By Material (Ceramic, Semi-Metallic, Organic), By Technology (Anti-Lock Braking Systems (ABS), Electronic Stability Control (ESC), Automatic Emergency Braking (AEB)) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032

Automotive Brakes Market Overview

As per MRFR analysis, the Automotive Brakes Market Size was estimated at 137.78 (USD Billion) in 2022.The Automotive Brakes Market Industry is expected to grow from 142.49 (USD Billion) in 2023 to 192.76 (USD Billion) by 2032. The Automotive Brakes Market CAGR (growth rate) is expected to be around 3.42% during the forecast period (2024 - 2032).

Key Automotive Brakes Market Trends Highlighted

The automotive brakes market is driven by increasing vehicle production, rising demand for safety features, and growing adoption of electric vehicles. Electric vehicles require more sophisticated braking systems due to their higher torque and regenerative braking capabilities. The market is also expected to benefit from advancements in materials and technologies, such as the development of lightweight and durable brake rotors and pads.

One of the key trends in the automotive brakes market is the increasing adoption of autonomous driving systems. As vehicles become more autonomous, the need for reliable and efficient braking systems becomes more critical. This is driving demand for advanced braking technologies, such as electronic brake-force distribution and automatic emergency braking.

Another emerging trend is the use of lightweight materials in automotive brakes. The use of lightweight materials, such as carbon fiber and aluminum, can reduce the overall weight of a vehicle, which can improve fuel efficiency and performance. Additionally, lightweight materials can also help to reduce brake fade and improve durability.

The automotive brakes market is expected to continue to grow in the coming years, driven by the increasing demand for safety and performance features in vehicles. Market players are expected to focus on developing innovative and technologically advanced braking systems to meet the evolving needs of automotive manufacturers and consumers.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Automotive Brakes Market Drivers

Growing Demand for Electric Vehicles

The growth of the automotive brakes market is spurred by the increasing popularity of electric vehicles (EVs). EVs require different braking systems than gasoline-powered vehicles, which are still common on the roads. Demand for the former type of system is likely to expand. It is also boosted by the wider uptake of advanced driver assistance systems (ADAS) and autonomous cars. They require sophisticated braking systems that can measure road conditions and stop the car in seconds.

Increasing Safety Regulations

Vehicle safety is a major area of focus in modern governments’ tight regulations. As such, there is a high-level demand for the adoption of advanced braking systems to help prevent vehicle accidents. For instance, the European Union has mandated that all vehicles sold in 2022 must-have anti-lock braking systems and electronic stability control. The imposition of such regulations is expected to skyrocket the demand for automotive brakes.

Technological Advancements

The Automotive Brakes Market is constantly evolving as new technologies are developed. These technologies are making braking systems more efficient, reliable, and affordable. For example, the development of new materials, such as carbon fiber and ceramic, is leading to the development of lighter and more durable brake components. These new technologies are expected to drive the growth of the automotive brakes market in the coming years.

Automotive Brakes Market Segment Insights:

Automotive Brakes Market Vehicle Type Insights

The Global Automotive Brakes Market is divided into three main vehicle types – passenger cars, commercial vehicles, and two-wheelers. The passenger car segment comprises the largest proportion of the market, resulting from high production volume and the extensive use of cars all over the world. The passenger car segment reached up to 60% of the global automotive brakes market in 2023. The commercial vehicle segment is expected to rise steadily due to the growing demand for heavy-duty vehicles and mounting infrastructure activity.

The two-wheeler segment is foreseen to have the fastest growth of CAGR, namely because of the strong demand for motorcycles and scooters in developing countries. However, the market dynamics differ for each segment. For passenger cars, comfort, safety, and fuel efficiency are of the highest concern, fostering the use of high-level systems, including anti-lock braking systems and electronic stability controls. Heavy loads and demanding conditions shift the emphasis of the commercial vehicle segment to the preference for strong and resilient systems. Lightweight and cost-efficient solutions are prioritized in the two-wheeler segment.

The development of the Global Automotive Brakes Market depends on the improvements stimulated by technological developments.For example, the growth of ABE systems capitalizes on the application of sensors, actuators, and electronic control units, enabling the automatic activation of brakes in crucial instances. Another trend is represented by the introduction of regenerative brakes that capture the energy from slowing down and reuse it. Moreover, regional trends have an important impact on the automotive brakes market. For instance, the Asia-Pacific is the biggest market, with most brake production based in China and India. On the contrary, Europe is a mature market due to the strict safety regulations and the high penetration of advanced braking systems.

Additionally, the solid demand for pick-up trucks and jeeps characterizes the North American market. Overall, the Automotive Brakes Market will rise steadily due to technological improvements, coupled with the mounting automotive production and a spread of safety guidelines. The key market players are Bosch, Continental, Brembo, Akebono, and TRW Automotive, responsive to the growing demand for up-to-date solutions in the industry, proactively engaging in research and technology.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Automotive Brakes Market Brake Type Insights

The Global Automotive Brakes Market is segmented by Brake Type into Disc Brakes, Drum Brakes, and Regenerative Braking Systems. Disc Brakes hold the most significant market share with respect to their superior stopping power, significantly reduced fade, and longer lifespan as compared to drum brakes. The market for Disc Brakes is estimated to grow at a CAGR of 4.2% from 2023 to reach a value of USD 115.45 billion by 2032. Drum Brakes, on the other hand, find a majority of their applications in low-cost vehicles as they are cheaper to produce.

As such, the Drum Brakes market is anticipated to grow at a rate of 2.7% during the forecast period. Regenerative Braking Systems capture the energy produced during the application of brakes and store it for use in subsequent acceleration. The system is increasingly being adopted due to its incumbent advantages in fuel efficiency. The market for Regenerative Braking Systems is predicted to grow at a rate of 5.6% from 2023 to reach a value of USD 27.31 billion by 2032.

Automotive Brakes Market Material Insights

The Global Automotive Brakes Market segmentation by Material includes Ceramic, Semi-Metallic, and Organic. The Ceramic segment is anticipated to dominate the market with a revenue of around 43.6 billion USD by 2024. This dominance can be attributed to their superior performance in extreme conditions, such as high temperatures and heavy loads. Semi-Metallic brakes are projected to hold a significant market share, owing to their affordability and effectiveness in general driving conditions. Organic brakes, on the other hand, are expected to witness steady growth due to their low noise and vibration levels.

Automotive Brakes Market Technology Insights

The Technology segment of the Global Automotive Brakes Market is anticipated to witness significant growth in the coming years, driven by rising demand for advanced safety features and increasing regulatory mandates. Anti-lock braking Systems (ABS), Electronic Stability Control (ESC), and Automatic Emergency Braking (AEB) are the key technologies driving market growth. ABS, which prevents wheel lock-up during braking, held the largest market share in 2023 and is projected to maintain its dominance throughout the forecast period. ESC, which helps drivers maintain control of their vehicles during cornering and other maneuvers, is also expected to experience steady growth.

AEB, which automatically applies the brakes in the event of an impending collision, is gaining popularity due to its potential to reduce accidents. The Global Automotive Brakes Market revenue for the Technology segment is estimated to reach USD 45.62 billion in 2024, exhibiting a CAGR of 4.2% from 2024 to 2032. These technologies are expected to continue to drive market growth as automakers strive to enhance vehicle safety and meet regulatory requirements.

Automotive Brakes Market Regional Insights

The regional analysis of the Global Automotive Brakes Market showcases significant opportunities across key regions, including North America, Europe, APAC, South America, and MEA. North America holds a prominent share of the market, driven by the presence of established automotive manufacturers and a high demand for advanced braking systems.

Europe follows closely, benefiting from stringent safety regulations and a strong automotive industry. APAC is expected to witness substantial growth in the coming years due to the rising production and sales of automobiles in emerging economies like China and India. South America and MEA present growing markets with untapped potential, offering opportunities for market expansion.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Automotive Brakes Market Key Players And Competitive Insights:

Major players in the Automotive Brakes Market industry consistently engage in strategic collaborations, acquisitions, and partnerships to strengthen their market position and expand their product portfolio. Leading Automotive Brakes Market players invest heavily in research and development activities to introduce innovative technologies and meet evolving customer demands. This competitive landscape fosters continuous Automotive Brakes Market development, driving the industry toward technological advancements and enhanced product offerings.

A notable industry leader in the Automotive Brakes Market, Continental AG holds a prominent position through its comprehensive product line, global presence, and strategic acquisitions. The company's commitment to innovation is evident in its development of advanced braking systems, including autonomous emergency braking and electronic stability control. Continental AG's strong partnerships with automotive manufacturers and its focus on safety and performance have contributed to its leadership in the market.

One of Continental AG's primary competitors, Robert Bosch GmbH, has established a strong presence in the Automotive Brakes Market through its wide range of braking solutions and advanced technologies. The company's focus on research and development has resulted in the introduction of innovative products, including electro-hydraulic brake systems and integrated brake control systems. Robert Bosch GmbH's global reach and its emphasis on customer-centric innovation have solidified its position as a formidable competitor in the market.

Key Companies in the Automotive Brakes Market Include:

• Hyundai Mobis


• Nisshinbo Holdings Inc.


• Advics Co., Ltd.


• Continental AG


• Robert Bosch GmbH


• ZF TRW


• Akebono Brake Industry Co., Ltd.


• Sumitomo Electric Industries, Ltd.


• Tokico Co., Ltd.


• Brembo S.p.A.


• TRW Automotive Holdings Corp.


• JTEKT Corporation


• Denso Corporation


• Hitachi Automotive Systems, Ltd.


• Mando Corporation

Automotive Brakes Market Industry Developments

The global automotive brakes market is projected to grow from USD 152.17 billion in 2023 to USD 192.76 billion by 2032, exhibiting a CAGR of 3.42% during the forecast period. Increasing vehicle production, rising demand for advanced safety features, and growing adoption of electric vehicles are the key factors driving market growth.

Recent news developments include Continental's launch of its MK C2 brake system, designed for electric vehicles, and Brembo's acquisition of SBS Friction, a leading manufacturer of motorcycle brake pads. These developments indicate a focus on innovation and consolidation within the industry.

Automotive Brakes Market Segmentation Insights

Automotive Brakes Market Vehicle Type Outlook

• Passenger Cars


• Commercial Vehicles


• Two Wheelers

Automotive Brakes Market Brake Type Outlook

• Disc Brakes


• Drum Brakes


• Regenerative Braking Systems

Automotive Brakes Market Material Outlook

• Ceramic


• Semi-Metallic


• Organic

Automotive Brakes Market Technology Outlook

• Anti-Lock Braking Systems (ABS)


• Electronic Stability Control (ESC)


• Automatic Emergency Braking (AEB)

Automotive Brakes Market Regional Outlook

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa