The Business Research Company’s report on the Automotive Brakes And Clutches Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How have key drivers contributed to the rapid growth of the automotive brakes and clutches market?
The thriving automotive industry is expected to propel the growth of the automotive brakes and clutches market going forward. The automotive industry refers to all business activities involved in the production of automobiles, including most components such as engines, bodywork, tires, and batteries. Raising the automotive industry will increase the demand for automotive brakes and clutches as these are the essential parts of vehicles. For instance, in 2024, according to the Automotive Industry, a UK-based company, in April 2024, UK new car registrations increased for the 21st consecutive month, with a slight rise of 1.0%, bringing the total to 134,274 units. Therefore, the thriving automotive industry is driving the growth of the automotive brakes and clutches market.
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How has the automotive brakes and clutches market size evolved, and what are the latest forecasts for its expansion?
The automotive brakes and clutches market size has grown steadily in recent years. It will grow from $26.65 billion in 2024 to $27.86 billion in 2025 at a compound annual growth rate (CAGR) of 4.6%. The growth in the historic period can be attributed to early automobile development, increased vehicle mass and speed, adoption of hydraulic brake systems, demand for improved safety features, evolution of automotive manufacturing processes.
The automotive brakes and clutches market size is expected to see strong growth in the next few years. It will grow to $35.45 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to electrification of vehicles, development of smart braking systems, focus on energy recovery systems, continued emphasis on safety and autonomous driving. Major trends in the forecast period include brake-by-wire systems, regenerative braking technologies, lightweight and high-performance brake materials, integration with advanced driver assistance systems (ADAS), modular and compact clutch designs.
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Which major companies dominate the automotive brakes and clutches market?
Major companies operating in the automotive brakes and clutches market include FCC Co. Ltd., BorgWarner Inc., NSK Ltd., Valeo Service Group, Robert Bosch GmbH, Brembo SpA, Continental AG, ZF Friedrichshafen AG, Marelli Holdings Co. Ltd., Exedy Corporation, Eaton Corporation, Aisin Seiki Co. Ltd., Autoliv Inc., Tenneco Inc., Mando Corporation, Knorr-Bremse AG, Wabco Holdings Inc., Haldex AB, Meritor Inc., Hitachi Automotive Systems Ltd., Nissin Kogyo Co. Ltd., Advics Co. Ltd., Federal-Mogul Motorparts LLC, Bendix Commercial Vehicle Systems LLC, TRW Automotive Holdings Corp., Delphi Technologies plc, Charlotte Baur Formschaumtechnik GmbH, Woco Industrietechnik GmbH, Roechling Group, Erlingklinger AG
What trends will shape the future of the automotive brake systems market?
Major companies operating in the automotive brakes and clutches market are focusing on developing innovative solutions, such as automatic clutch systems, to enhance driving comfort, improve vehicle performance, and reduce fuel consumption, catering to the growing demand for advanced automotive technologies. An automatic clutch system refers to technology that automates the engagement and disengagement of the clutch in vehicles, eliminating the need for a manual clutch pedal. For instance, in May 2024, Bayerische Motoren Werke AG, a Germany-based luxury vehicles company, launched the Automated Shift Assistant (ASA), an innovative automatic clutch system for large adventure motorcycles like the upcoming R 1300 GS and R 1300 GS Adventure. This system features electromechanical actuators that automate clutch engagement and gear shifting, allowing for a smoother ride with two operation modes: manual mode (for traditional shifting) and automatic mode (for seamless gear changes). The ASA enhances the riding experience by reducing shift shock and preventing engine stalling, and it integrates with advanced safety features like Active Cruise Control.
Which region dominates the automotive brakes and clutches market, and what factors contribute to its leadership?
North America was the largest region in the automotive brakes and clutches market in 2024. The regions covered in the automotive brakes and clutches market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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How is the automotive brakes and clutches market segmented, and which segment holds the largest share?
The automotive brakes and clutches market covered in this report is segmented –
1) By Product: Original Equipment Manufacturer (OEM), After market
2) By Clutch Type: Friction Clutch, Dog Clutch, Hydraulic Clutch, Other Clutch Types
3) By Transmission Type: Manual Transmission, Automatic Transmission, Automated Manual Transmission (AMT), Other Transmission Types
4) By Application: Passenger Car, Commercial Vehicle
Subsegments:
1) By Original Equipment Manufacturer (OEM): OEM Brake Systems, OEM Clutch Systems
2) By After market: After market Brake Pads, After market Brake Rotors, After market Brake Calipers, After market Clutch Kits, After market Clutch Discs
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How is the automotive brakes and clutches market defined?
Automotive brakes and clutches help in the effective control of vehicles. A brake refers to a transmission and control device that stops a moving load and regulates movement. A clutch refers to a transmission and control device that helps with energy transfer from the driver to the driven shaft. The automotive brakes and clutches are used to change the rotational speed of rotating tires of vehicles.
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