South Africa Brake Pad Market to Grow with a CAGR of 5.74% Through 2030
Growing demand for advanced braking systems, increasing vehicle
ownership in urban areas, and the expansion of the automotive manufacturing
sector in South Africa are the factors driving the market in the forecast
period 2026-2030.
According to TechSci Research report, “South Africa Brake Pad
Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2020-2030F”, the South Africa Brake Pad market was valued at
USD 469.55 Million in 2024 and is expected to reach USD 656.32 Million by 2030
with a CAGR of 5.74% during the forecast period. The growing vehicle fleet
drives the South African brake pad market, the rising popularity of second-hand
imported cars, and the increasing influx of Chinese vehicles requiring
high-quality brake pads. As consumers prioritize vehicle safety and durability,
the demand for premium brake pads like ceramics is on the rise. Additionally,
the expanding automotive manufacturing sector and the need for regular vehicle
maintenance further boost the market. These are the factors driving the market
in the forecast period 2026-2030.
The
South African brake pad market is experiencing growth driven by the rising
number of vehicles on the road, particularly due to an increase in vehicle
ownership across urban centers. The expanding automotive manufacturing sector
in South Africa, coupled with a growing interest in vehicle exports, has
heightened the demand for high-quality brake pads. Along with domestic vehicle
sales, South Africa’s thriving automotive aftermarket, fueled by an increasing
number of vehicles requiring regular maintenance, continues to drive the demand
for brake pads across the country.
Browse over XX market data Figures spread through XX Pages and an
in-depth TOC on the "South Africa Brake Pad Market"
The South
Africa Brake Pad Market is segmented into Material Type, Vehicle Type, Demand
Category, and Region.
In South
Africa, the brake pad market is segmented into two primary demand categories:
OEM (Original Equipment Manufacturer) and aftermarket. OEM brake pads are
typically sought after by consumers looking to replace worn-out components with
parts that meet the exact specifications of the original vehicle manufacturer.
These brake pads are often preferred by vehicle owners who prioritize
maintaining their vehicles' original performance and warranty conditions. OEM
brake pads are commonly used in new vehicles and are supplied through
authorized dealerships and repair centers. On the other hand, the aftermarket
segment offers a wide range of options, including cost-effective and
alternative materials such as semi-metallic and ceramic brake pads. Aftermarket
brake pads are popular for their competitive pricing and availability, catering
to consumers who seek value-driven alternatives without compromising on safety.
These pads are typically sourced from independent auto parts retailers, service
providers, and online platforms, offering more variety for consumers with
different budgets and preferences. The growth of the aftermarket segment is
further influenced by the large number of vehicle repairs and replacements
occurring as South Africa’s vehicle fleet continues to age, increasing the
demand for cost-effective solutions.
In 2024,
the Eastern Cape emerged as the fastest growing region in the South African
brake pad market. This growth is driven by the region's expanding automotive
manufacturing sector, particularly with the presence of major vehicle
production plants. The increasing production of vehicles, especially by
automakers that focus on exporting to international markets, has led to a rise
in demand for both OEM and aftermarket brake pads. Additionally, the growing
number of vehicles on the road in this region, driven by population growth and
expanding urban areas, has increased the need for brake pad replacements as
these vehicles age. The Eastern Cape’s strong emphasis on developing its
infrastructure, including roads and transport networks, has contributed to
higher vehicle usage, thus elevating the demand for brake pads. As more
vehicles are used for long-distance travel and freight, the need for durable
and reliable brake pads has intensified. This, combined with an increasing
focus on vehicle safety and maintenance, positions the Eastern Cape as a
rapidly growing market for brake pads. The region’s unique combination of
automotive manufacturing and growing vehicle ownership supports its growth in
the brake pad market.
Major
market players operating in South Africa Brake Pad market are:
- Safeline Brakes (G.U.D. Holdings)
- ATE Alfred Teves Brake Systems (PTY) Ltd
- ROBERT BOSCH SAUDI ARABIA LTD
- ACDelco Middle East and Africa
- Tenneco Inc.
- Sangsin Brake Co., Ltd
- Alfa Brakes ZA
- Asimco Asia Pacific
- Aisin Asia Middle East & Africa DMCC
- ADVICS South Africa (Pty) Ltd
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“The demand for brake pads in South Africa is picking up quickly as more
people are buying second-hand cars and looking to keep them in good condition.
The growing use of modern car features is also making high-quality brake pads
more important. While there are challenges like supply issues, the push for
better materials and more local production is helping the market grow strong"
said Mr. Karan Chechi, Research Director of TechSci Research, a research-based
global management consulting firm.
“South Africa Brake Pad Market –Industry Size, Share, Trends,
Opportunity, and Forecast, Segmented By Material Type (Semi-Metallic, Ceramic,
Others), By Vehicle Type (Passenger Car, Commercial Vehicle, Two-Wheeler), By
Demand Category (OEM, Aftermarket), By Region, By Competition, 2020-2030F”, evaluates
the future growth potential of South Africa Brake Pad market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision-makers make sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the South Africa Brake Pad market.
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