Automotive Brake Components Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Brake Pads, Brake Rotors, Brake Calipers, Brake Master Cylinder, Brake Lines, Brake Shoes, Brake Fluid), By Vehicle Type (Passenger Car, Commercial Vehicle, Two Wheeler), Demand Type (OEM, Aftermarket) By Region & Competition, 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 57.75 Billion
CAGR (2026-2031)	5.47%
Fastest Growing Segment	Passenger Car
Largest Market	Asia Pacific
Market Size (2031)	USD 79.49 Billion

Market Overview

The Global Automotive Brake Components Market will grow from USD 57.75 Billion in 2025 to USD 79.49 Billion by 2031 at a 5.47% CAGR. Automotive brake components encompass the mechanical and hydraulic parts of a vehicle's deceleration system, including calipers, rotors, pads, and master cylinders designed to ensure operational safety. The market is primarily driven by rising global vehicle manufacturing and rigorous safety regulations requiring advanced stopping capabilities. According to the European Automobile Manufacturers’ Association (ACEA), in 2024, global car manufacturing totalled 75.5 million units. This volume underscores the demand for original equipment braking systems, while the heavier weight of modern electric vehicles further necessitates robust, high-performance friction materials to manage increased momentum.

However, the industry encounters a significant challenge regarding the volatility of raw material prices, particularly for steel and aluminum. Fluctuating input costs create financial instability for manufacturers, squeezing profit margins and complicating long-term supply contracts with original equipment manufacturers. This economic pressure is often compounded by supply chain constraints, making it difficult for suppliers to maintain consistent pricing structures while adhering to strict quality standards.

Key Market Drivers

The expansion of the automotive brake components sector is fundamentally anchored by the consistent rise in global vehicle production and sales volumes. As manufacturers ramp up assembly lines to meet consumer demand, the requirement for essential safety sub-systems increases proportionally. This volume-driven growth is particularly evident in major manufacturing hubs where output directly correlates with component orders. According to the China Association of Automobile Manufacturers, January 2024, in the 'The auto industry's economic operation in 2023' report, automobile sales in China surpassed 30.09 million units in 2023, representing a 12 percent year-on-year increase. Such high-volume turnover compels suppliers to scale operations and optimize supply chains to deliver OEM-grade friction materials and hydraulic assemblies efficiently.

Simultaneously, the accelerating adoption of electric and hybrid vehicles is reshaping the technical requirements for braking architectures. Electric powertrains introduce regenerative braking, which reduces wear on traditional friction pads but necessitates specialized calipers and lighter materials to offset the significant weight of battery packs. According to the International Energy Agency, April 2024, in the 'Global EV Outlook 2024', global electric car sales neared 14 million in 2023, accounting for 18 percent of all cars sold. This shift drives investment in electronic braking solutions and strengthens the financial performance of key market players. For instance, according to Brembo, in 2024, the company reported revenues of €3,849.2 million for the fiscal year 2023, reflecting the robust capital flow supporting these technological transitions.

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Key Market Challenges

The volatility of raw material prices, particularly for steel and aluminum, constitutes a significant barrier to the consistent growth of the Global Automotive Brake Components Market. These metals are fundamental to the production of critical safety parts such as rotors, calipers, and master cylinders. Unpredictable fluctuations in input costs disrupt financial planning and squeeze profit margins for component manufacturers, who often operate under long-term, fixed-price contracts with vehicle assemblers. When material prices rise unexpectedly, suppliers are unable to easily pass these costs down the supply chain, leading to financial instability and strained operational capabilities.

This economic uncertainty hampers the market by forcing manufacturers to adopt conservative production strategies, which limits their ability to scale output in response to demand. The instability in the raw material supply chain often results in broader manufacturing slowdowns, directly reducing the requirement for original equipment braking systems. This impact is evident in key markets where cost pressures have contributed to reduced vehicle production. For instance, according to the European Steel Association (EUROFER), in the first quarter of 2024, automotive output in the European Union decreased by 0.9% compared to the previous year. Such contractions in the parent automotive sector, driven by the volatile cost environment, inevitably restrict the expansion of the brake components market.

Key Market Trends

The development of low-emission friction formulations is accelerating due to stringent mandates targeting non-exhaust particulate matter. Unlike previous regulations focused on tailpipe output, new standards like Euro 7 specifically cap brake abrasion emissions, compelling manufacturers to innovate with advanced material mixes and hard-coated rotors to mitigate urban pollution. According to TMD Friction, July 2024, in the 'Euro 7: TMD Friction pushes boundaries to reduce brake emissions' article, the new regulation stipulates that particulate emissions from brake abrasion must not exceed 3 to 11 mg per kilometer depending on the vehicle class. Consequently, suppliers are heavily investing in novel compositions to ensure compliance with these unprecedented thresholds.

Simultaneously, the commercial vehicle segment is shifting from drum brakes to Air Disc Brakes (ADB) to enhance safety and maintenance efficiency. Fleets prioritize ADB technology for its superior stopping power and faster pad replacement, which maximize vehicle uptime in heavy-duty logistics. This transition is particularly pronounced in North America, where ownership costs drive technology replacement. According to Bendix Commercial Vehicle Systems, March 2024, in the 'Bendix Makes Investments to Double Air Disc Brake Production Capacity' press release, adoption rates of air disc brakes on Class 6-8 vehicles have topped 50 percent. This structural change requires manufacturers to expand production lines dedicated to pneumatic disc assemblies.

Segmental Insights

The Passenger Car segment represents the fastest-growing category in the Global Automotive Brake Components Market, primarily driven by increasing vehicle production and the global transition toward electric mobility. This expansion is significantly influenced by rigorous safety mandates from regulatory bodies such as the National Highway Traffic Safety Administration (NHTSA), which enforce strict standards for stopping distances and stability control. These regulations compel manufacturers to integrate advanced technologies like Automatic Emergency Braking (AEB), necessitating the adoption of high-performance, electronic-compatible brake components. Consequently, the demand for reliable and efficient braking hardware continues to surge within the passenger vehicle sector.

Regional Insights

Asia Pacific commands the leading position in the Global Automotive Brake Components Market, primarily driven by its status as the world’s largest hub for vehicle manufacturing. The extensive production of passenger and commercial vehicles in major economies, such as China and India, creates a sustained requirement for brake assemblies and related parts. This demand is further amplified by rising vehicle ownership rates resulting from rapid urbanization and economic expansion. Additionally, strict safety protocols enforced by regional regulatory authorities are compelling manufacturers to integrate reliable braking technologies, cementing Asia Pacific’s dominance in the global sector.

Recent Developments

• In January 2025, ZF Friedrichshafen secured a major contract to supply its brake-by-wire technology to a global automotive manufacturer. The agreement involved equipping approximately five million vehicles with the company's Electro-Mechanical Braking system, which eliminates the need for hydraulic fluids by using electric motors to generate braking force at each wheel. This "dry" braking solution was designed to be integrated with other chassis technologies to support software-defined vehicle architectures. The deal represented a significant commercial milestone for ZF's advanced braking portfolio, highlighting the industry's shift toward electrified mechanical systems.
• In November 2024, Continental AG developed a specialized electronic brake control system for the Bugatti Bolide, a track-only hypercar. The system, based on the company's "Motorsports ABS Kit," was engineered to manage the extreme braking forces required by the 1,600-horsepower vehicle. This technology integrated anti-lock braking, electronic stability control, and traction control functions to ensure stability and precise handling during high-speed maneuvers. The collaboration demonstrated Continental's ability to adapt its high-performance braking technologies for exclusive automotive applications that demand rigorous safety and control standards.
• In October 2024, Brembo unveiled new additions to its aftermarket product portfolio during the AAPEX trade show in Las Vegas. The company launched the "Beyond EV Kit," a braking solution specifically designed for electric vehicles to resist corrosion and reduce noise, issues often exacerbated by the infrequent use of friction brakes due to regenerative braking systems. Additionally, the company expanded its "Greenance Kit" line, which offered Euro 7-compliant discs and pads aimed at reducing particulate emissions and extending component life for light commercial vehicles and sedans.
• In June 2024, Brakes India and ADVICS formed a strategic joint venture to design and manufacture advanced braking systems for the Indian automotive market. The partnership, which involved an investment of over ₹500 crore, focused on the production of safety-critical components such as Electronic Stability Control (ESC) systems for light vehicles. This collaboration aimed to leverage ADVICS's global technological expertise and Brakes India's extensive local manufacturing capabilities to meet the growing demand for sophisticated safety features and localized production in the region's expanding automotive sector.

Key Market Players

• Brembo N.V.
• Continental Automotive Technologies GmbH
• ZF Friedrichshafen AG
• Akebono Brake Industry Co., Ltd
• Robert Bosch GmbH
• PHINIA Inc.
• HL Mando Corp
• TMD Friction Services GmbH
• Nisshinbo Brake Inc.
• AISIN CORPORATION

By Type	By Vehicle Type	By Region
Brake Pads Brake Rotors Brake Calipers Brake Master Cylinder Brake Lines Brake Shoes Brake Fluid	Passenger Car Commercial Vehicle Two Wheeler	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Automotive Brake Components Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Automotive Brake Components Market, By Type:

• Brake Pads
• Brake Rotors
• Brake Calipers
• Brake Master Cylinder
• Brake Lines
• Brake Shoes
• Brake Fluid

• Automotive Brake Components Market, By Vehicle Type:

• Passenger Car
• Commercial Vehicle
• Two Wheeler

• Automotive Brake Components Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE