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Automobile Synchronous Belts Market Size, Trends, Analysis, and Outlook by Type (Belt, Chain), Material (Rubber, Polyurethane), Application (Automotive OEM, Automotive Aftermarket), by Country, Segment, and Companies, 2024-2030

April 2024 | 196 pages | ID: A2E2CBEA112CEN
VPAResearch

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The global Automotive Brake Technology market size is poised to register 5.02% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The study analyzes the global Automotive Brake Technology market by Type (Anti-lock Braking System (ABS), Traction Control System (TCS), Electronic Stability Control (ESC)), Brake (Disk brake, Drum brake), Sales Channel (OEM, Aftermarket), Vehicle (Passenger cars, Commercial vehicles), Material (Organic, Metallic, Ceramic).
The Automotive Brake Technology Market is poised for significant evolution and growth leading up, driven by the increasing emphasis on vehicle safety and regulatory requirements for improved braking performance are propelling the adoption of advanced brake technologies such as anti-lock braking systems (ABS), electronic stability control (ESC), and regenerative braking systems. Further, the rise of electric and autonomous vehicles is reshaping the market landscape, with a growing need for brake technologies that can support the unique requirements of electric drivetrains and autonomous driving systems. In addition, advancements in materials science, sensor technology, and artificial intelligence are enabling the development of smarter and more responsive brake systems capable of adapting to varying driving conditions and enhancing .

Automotive Brake Technology Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Automotive Brake Technology market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Automotive Brake Technology survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Automotive Brake Technology industry.

Key market trends defining the global Automotive Brake Technology demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Automotive Brake Technology Market Segmentation- Industry Share, Market Size, and Outlook to 2030
The Automotive Brake Technology industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Automotive Brake Technology companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Automotive Brake Technology industry
Leading Automotive Brake Technology companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Automotive Brake Technology companies.

Automotive Brake Technology Market Study- Strategic Analysis Review
The Automotive Brake Technology market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Automotive Brake Technology Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Automotive Brake Technology industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

Automotive Brake Technology Country Analysis and Revenue Outlook to 2030
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America Automotive Brake Technology Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Automotive Brake Technology market segments. Similarly, Strong end-user demand is encouraging Canadian Automotive Brake Technology companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Automotive Brake Technology market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Automotive Brake Technology Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Automotive Brake Technology industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Automotive Brake Technology market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Automotive Brake Technology Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Automotive Brake Technology in Asia Pacific. In particular, China, India, and South East Asian Automotive Brake Technology markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America Automotive Brake Technology Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Automotive Brake Technology Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Automotive Brake Technology market potential. Fueled by increasing consumption expenditure, growing population, and high demand across a few markets drives the demand for Automotive Brake Technology.

Automotive Brake Technology Market Company Profiles
The global Automotive Brake Technology market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Akebono Brake Industry Co. Ltd, Brembo S.p.A., Continental AG, Federal-Mogul LLC, Haldex AB, Hyundai Mobis Co. Ltd, Knorr-Bremse AG, Meritor Inc, Nissin Kogyo Co. Ltd, TMD Friction Group S.A.

Recent Automotive Brake Technology Market Developments
The global Automotive Brake Technology market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Automotive Brake Technology Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
Pricing Analysis
Value Chain Analysis
SWOT Profile
Market Dynamics- Trends, Drivers, Challenges
Porter’s Five Forces Analysis
Macroeconomic Impact Analysis
Case Scenarios- Low, Base, High

Market Segmentation:
Type
Anti-lock Braking System (ABS)
Traction Control System (TCS)
Electronic Stability Control (ESC)
Brake
Disk brake
Drum brake
Sales Channel
Original Equipment Manufacturers (OEM)
Aftermarket
Vehicle
Passenger cars
Commercial vehicles
Material
Organic
Metallic
Ceramic

Geographical Segmentation:
North America (3 markets)
Europe (6 markets)
Asia Pacific (6 markets)
Latin America (3 markets)
Middle East Africa (5 markets)

Companies
Akebono Brake Industry Co. Ltd
Brembo S.p.A.
Continental AG
Federal-Mogul LLC
Haldex AB
Hyundai Mobis Co. Ltd
Knorr-Bremse AG
Meritor Inc
Nissin Kogyo Co. Ltd
TMD Friction Group S.A.
Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Automobile Synchronous Belts Market Overview and Key Findings, 2024
1.2 Automobile Synchronous Belts Market Size and Growth Outlook, 2021- 2030
1.3 Automobile Synchronous Belts Market Growth Opportunities to 2030
1.4 Key Automobile Synchronous Belts Market Trends and Challenges
  1.4.1 Automobile Synchronous Belts Market Drivers and Trends
  1.4.2 Automobile Synchronous Belts Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Automobile Synchronous Belts Companies

2. AUTOMOBILE SYNCHRONOUS BELTS MARKET SIZE OUTLOOK TO 2030

2.1 Automobile Synchronous Belts Market Size Outlook, USD Million, 2021- 2030
2.2 Automobile Synchronous Belts Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. AUTOMOBILE SYNCHRONOUS BELTS MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. AUTOMOBILE SYNCHRONOUS BELTS MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
Type
Belt
Chain
Material
Rubber
Polyurethane
Application
Automotive OEM
Automotive Aftermarket
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Automobile Synchronous Belts Market, 2025
5.2 Asia Pacific Automobile Synchronous Belts Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Automobile Synchronous Belts Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Automobile Synchronous Belts Market, 2025
5.5 Europe Automobile Synchronous Belts Market Size Outlook by Type, 2021- 2030
5.6 Europe Automobile Synchronous Belts Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Automobile Synchronous Belts Market, 2025
5.8 North America Automobile Synchronous Belts Market Size Outlook by Type, 2021- 2030
5.9 North America Automobile Synchronous Belts Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Automobile Synchronous Belts Market, 2025
5.11 South America Pacific Automobile Synchronous Belts Market Size Outlook by Type, 2021- 2030
5.12 South America Automobile Synchronous Belts Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Automobile Synchronous Belts Market, 2025
5.14 Middle East Africa Automobile Synchronous Belts Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Automobile Synchronous Belts Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Automobile Synchronous Belts Market Size Outlook and Revenue Growth Forecasts
6.2 US Automobile Synchronous Belts Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Automobile Synchronous Belts Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Automobile Synchronous Belts Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Automobile Synchronous Belts Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Automobile Synchronous Belts Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Automobile Synchronous Belts Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Automobile Synchronous Belts Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Automobile Synchronous Belts Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Automobile Synchronous Belts Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Automobile Synchronous Belts Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Automobile Synchronous Belts Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Automobile Synchronous Belts Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Automobile Synchronous Belts Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Automobile Synchronous Belts Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Automobile Synchronous Belts Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Automobile Synchronous Belts Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Automobile Synchronous Belts Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Automobile Synchronous Belts Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Automobile Synchronous Belts Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Automobile Synchronous Belts Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Automobile Synchronous Belts Industry Drivers and Opportunities

7. AUTOMOBILE SYNCHRONOUS BELTS MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. AUTOMOBILE SYNCHRONOUS BELTS COMPANY PROFILES

8.1 Profiles of Leading Automobile Synchronous Belts Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
ACDelco
Arntz Optibelt GmbH
Bando Chemical Industries Ltd
Daishan Heiner Rubber Belt Co. Ltd
Dayco Products Llc
Gates Corp
Hutchinson Group
Mitsuboshi Belting Ltd
SKF AB
Tsubakimoto Chain Co.

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


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