MAHARASHTRA, India –The automotive original-equipment (OEM) brake-friction material market is expected to grow at a compound-annual-growth rate of 6% from 2023 to 2030, according to information published in Infinity Business Insights’ report Global and China Automotive OEM Brake Friction Material Industry Ecological Development and Analysis Report 2023.
This segment represents a fundamental component in the realm of vehicle safety and performance. This essential material is responsible for providing the necessary friction to slow down or stop a vehicle when brakes are applied.
From traditional disc brake pads to the evolving technology of regenerative braking in electric vehicles, OEM brake friction material plays a pivotal role in ensuring the safety and efficiency of automobiles.
This research report delves into the world of automotive OEM brake friction material, offering a comprehensive exploration of the market, future trends, challenges, and risks in an industry that embodies the intersection of safety, technology, and automotive engineering.
Market Overview of Automotive OEM Brake Friction Material:
The market for automotive OEM brake friction material is a dynamic and evolving sector within the automotive industry, closely aligned with the universal need for safe and reliable vehicle braking systems.
It encompasses a wide range of products, from traditional non-asbestos organic (NAO) and semi-metallic friction materials to advanced ceramic and carbon-ceramic compounds. Market dynamics are significantly influenced by stringent safety regulations, consumer demand for improved braking performance, and the ongoing evolution of brake systems in response to electrification and automation trends.
As the automotive industry continues to advance its commitment to safety and performance, the market for OEM brake friction material is poised for substantial growth, as it remains central to the safety and efficiency of vehicles.
Most Prominent Players in the Market areRobert Bosch LLC, Aisin Chemical Co., Ltd., BorgWarner Inc., Akebono Brake Industry Co., Ltd., Japan Brake Industrial Co., Ltd., Nisshinbo Holdings Inc.,
Future Trends in Automotive OEM Brake Friction Material:
The future of automotive OEM brake friction material is marked by innovation, sustainability, and adaptability. Advancements in material science and engineering will lead to the development of friction materials that offer higher performance, durability, and reduced wear on brake components.
Sustainable practices, including the use of eco-friendly materials and responsible manufacturing, will gain importance in the production of brake friction materials. As vehicle electrification and automation trends continue, brake friction materials will need to adapt to the different demands placed on them, from regenerative braking in electric vehicles to advanced driver-assistance systems that require precise control and response.
Ensuring that these materials continue to meet the evolving needs of braking systems and safety regulations will be central to the future of this industry.