Report Description

India brake pads, shoes and linings market is projected to cross $ 3 billion by FY2023, on the back of rising vehicle sales and expanding automobile fleet across the country. Moreover, new government norms towards vehicle safety standards regarding braking system are further boosting demand for brake pads, shoes and linings in India.

Years considered for this report:

Historical Years: FY2013 - FY2016

Base Year: FY2017

Estimated Year: FY2018E

Forecast Period: FY2019F-FY2023F

Objective of the Study:

·         To analyze and forecast the market size of India brake pads, shoes and linings market.

·         To classify and forecast India brake pads, shoes and linings market based on vehicle type and by OEM vs Replacement.

·         To identify drivers and challenges for India brake pads, shoes and linings market.

·         To conduct the pricing analysis for brake pads, shoes and linings market in India.

·         To identify and analyze the profile of leading players involved in the manufacturing of India brake pads, shoes and linings market.


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Some of the top players operating in India brake pads, shoes and linings market include ASK Automotive Pvt. Ltd., Rane Holdings Limited, Brakes India Private Limited, Bosch Limited, Makino Auto Industries Pvt. Ltd., TRW Automotive, Brembo Brake India Pvt. Ltd., Endurance Technologies Limited, Allied Nippon Ltd., and Sundaram Brake Linings Ltd.

To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of brake pads, shoes and linings dealers operating in the country. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, distribution channels, and regional presence of all major brake pads, shoes and linings supplier across India.

TechSci Research calculated the market size for India brake pads, shoes and linings using a bottom-up technique, wherein manufacturers’ volume sales data for different applications, was recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as OICA, Automobile Component Manufacturers Association (ACMA), Economic Intelligence Unit (EIU), Company Websites, company annual reports, white papers, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

·         Brake pads, shoes and linings manufacturers, distributors and other stakeholders

·         Automobile OEMs

·         Raw material suppliers

  • Associations, organizations, forums and alliances related to brake pads, shoes and linings
  • Government bodies such as regulating authorities and policy makers
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as brake pads, shoes and linings manufacturers, distributors and dealers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, India brake pads, shoes and linings market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Brake Type:
    • Brake Pad
    • Brake Shoes
    • Brake Lining
  • Market, by Vehicle Type:
    • Two-wheeler
    • Passenger car
    • Commercial Vehicles
    • Three-wheeler
    • Off the Road (OTR) Vehicle
  • Market, by Demand Category:
    • OEM
    • Replacement
  • Market, by Region:
    • North
    • West
    • South
    • East
  • Market, by Company:
    • ASK Automotive Pvt. Ltd.
    • Rane Holdings Limited
    • Brakes India Private Limited
    • Bosch Limited
    • Others

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India brake pads, shoes and linings market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.
In case you don’t find what, you are looking for, please get in touch with our custom research team at [email protected]

Table of content

1.       Product Overview

2.       Research Methodology

3.       Analyst View

4.       Voice of Customer

4.1.    Factor Influencing Purchase Decision

4.2.    Challenges / unmet needs

4.3.    Brand Satisfaction Level

5.       India Automotive Components Industry Overview

6.       India Brake Pads, Shoes, and Linings Market Outlook

6.1.    Market Size & Forecast

6.1.1. By Value & Volume

6.2.    Market Share & Forecast

6.2.1. By Vehicle Type (Two-Wheeler, Passenger Car, Commercial Vehicle, Three-Wheeler, Off- The-Road (OTR))

6.2.2. By Company

6.2.3. By Demand Category (OEM Vs. Replacement)

6.2.4. By Brake Type (Brake Shoes, Brake Pads, and Brake Linings)

6.2.5. By Region 

6.3.    Market Attractiveness Index (By Brake Type)

7.       India Brake Shoes Market Outlook

7.1.    Market Size & Forecast

7.1.1. By Value & Volume

7.2.    Market Share & Forecast

7.2.1. By Vehicle Type

7.2.2. By Demand Category (OEM Vs. Replacement)

7.3.    Market Attractiveness Index (By Vehicle Type)

8.       India Brake Pads Market Outlook

8.1.    Market Size & Forecast

8.1.1.  By Value & Volume

8.2.    Market Share & Forecast

8.2.1. By Vehicle Type

8.2.2. By Demand Category (OEM Vs. Replacement)

8.3.    Market Attractiveness Index (By Vehicle Type)

9.       India Brake Linings Market Outlook

9.1.    Market Size & Forecast

9.1.1. By Value & Volume

9.2.    Market Share & Forecast

9.2.1. By Vehicle Type

9.2.2. By Demand Category (OEM Vs. Replacement)

9.3.    Market Attractiveness Index (By Vehicle Type)

10.   India Two-Wheeler Brake Pads & Shoes Market Outlook

10.1.   Market Size & Forecast

10.1.1.    By Value & Volume

10.2.   Market Share & Forecast

10.2.1.    By Demand Category (OEM Vs. Replacement)

10.2.2.    By Brake Type

10.3.   Market Attractiveness Index (By Brake Type)

11.   India Passenger Car Brake Pads & Shoes Market Outlook

11.1.   Market Size & Forecast

11.1.1.    By Value & Volume

11.2.   Market Share & Forecast

11.2.1.    By Demand Category (OEM Vs. Replacement)

11.2.2.    By Brake Type

11.3.   Market Attractiveness Index (By Brake Type)

12.   India Commercial Vehicle Brake Pads, Shoes, & Linings Market Outlook

12.1.   Market Size & Forecast

12.1.1.    By Value & Volume

12.2.   Market Share & Forecast

12.2.1.    By Demand Category (OEM Vs. Replacement)

12.2.2.    By Brake Type

12.3.   Market Attractiveness Index (By Brake Type)

13.   India Three-Wheeler Brake Shoes Market Outlook  

13.1.   Market Size & Forecast

13.1.1.    By Value & Volume

13.2.   Market Share & Forecast

13.2.1.    By Demand Category (OEM Vs. Replacement)

13.2.2.    By Brake Type

13.3.   Market Attractiveness Index (By Brake Type)

14.   India Off-The-Road (OTR) Brake Linings Market Outlook      

14.1.   Market Size & Forecast

14.1.1.    By Value & Volume

14.2.   Market Share & Forecast

14.2.1.    By Demand Category (OEM Vs. Replacement)

14.2.2.    By Brake Type

14.3.   Market Attractiveness Index (By Brake Type)

15.   Market Dynamics

15.1.   Drivers

15.2.   Challenges

16.   Market Trends & Developments

17.   Policy & Regulatory Landscape

18.   Export-Import Scenario

19.   SWOT Analysis

20.   Economic Profile

21.   Competitive Landscape

21.1.   ASK Automotive Pvt. Ltd.

21.2.   Rane Holdings Limited

21.3.   Brakes India Private Limited

21.4.   Bosch Limited

21.5.   Makino Auto Industries Pvt. Ltd.

21.6.   TRW Automotive

21.7.   Brembo Brake India Pvt. Ltd.

21.8.   Endurance Technologies Limited

21.9.   Allied Nippon Ltd.

21.10.   Sundaram Brake Linings Ltd

22.   Strategic Recommendations

Figures and Tables

List of Figures

 

Figure 1: India Brake Pads, Shoes and Linings Market - Factors Influencing Purchase Decision (N=75)

Figure 2: India Brake Pads, Shoes and Linings Market – Challenges/ Unmet Needs (N=75)

Figure 3: India Brake Pads, Shoes and Linings Market Brand Satisfaction Level (N= 75)

Figure 4: India Brake Pads, Shoes and Linings Market – Brand Satisfaction Level, By Performance (N= 75)

Figure 5: India Brake Pads, Shoes and Linings Market – Brand Satisfaction Level, By Brake Life (N= 75)

Figure 6: India Brake Pads, Shoes and Linings Market - Brand Satisfaction Level, By Warranty (N= 75)

Figure 7: India Brake Pads, Shoes and Linings Market - Brand Satisfaction Level, By Maintenance (N= 75)

Figure 8: India Automotive Components Industry Turnover in USD Billions, FY2012-13 to FY2015-16

Figure 9: India Automotive Components Supply to OEMs FY2016-17

Figure 10: India Automotive Components Exports, By Value (USD Billion), FY2012-13 to FY2015-16

Figure 11: India Automotive Components Region-wise Exports (%), FY2016-17

Figure 12: India Automotive Components Imports, By Value (USD Billion), FY2012-13 to FY2015-16

Figure 13: India Automotive Components Region-wise Imports (%), FY2016-17

Figure 14: India Brake Pads, Shoes and Linings Market Size, By Value (USD Billion), By Volume (Million Unit), FY2013-FY2023F

Figure 15: India Brake Pads, Shoes and Linings Market Share, By Vehicle Type, By Volume, FY2013-FY2023F

Figure 16: India Brake Pads, Shoes and Linings Market Share, By Company, By Volume, FY2017 & FY2023F

Figure 17: India Brake Pads, Shoes and Linings Market Share, By Demand Category (OEM Vs. Replacement), By Volume, FY2013-FY2023F

Figure 18: India Brake Pads, Shoes and Linings Market Share, By Brake Type, FY2017 – FY2023F

Figure 19: India Brake Pads, Shoes and Linings Market Share, By Region, FY2017 & FY2023F

Figure 20: India Brake Pads, Shoes and Linings Market Attractiveness Index, By Brake Type,

By Volume, FY2017-FY2023F

Figure 21: India Brake Shoes Market Size, By Value (USD Billion), By Volume (Million Unit), FY2013-FY2023F

Figure 22: India Brake Shoes Market Share, By Vehicle Type, By Volume, FY2013-FY2023F

Figure 23: India Brake Shoes Market Share, By Demand Category (OEM Vs. Replacement), By Volume, FY2013-FY2023F

Figure 24: India Brake Shoes Market Attractiveness Index, By Vehicle Type, By Volume, FY2017-FY2023F

Figure 25: India Brake Pads Market Size, By Value (USD Billion), By Volume (Million Unit), FY2013-FY2023F

Figure 26: India Brake Pads Market Share, By Vehicle Type, By Volume, FY2013-FY2023F

Figure 27: India Brake Pads Market Share, By Demand Category (OEM Vs. Replacement), By Volume, FY2013-FY2023F

Figure 28: India Brake Pads Market Attractiveness Index, By Vehicle Type, By Volume, FY2017-FY2023F

Figure 29: India Brake Linings Market Size, By Value (USD Billion), By Volume (Million Unit), FY2013-FY2023F

Figure 30: India Brake Linings Market Share, By Vehicle Type, By Volume, FY2013-FY2023F

Figure 31: India Brake Linings Market Share, By Demand Category (OEM Vs. Replacement), By Volume, FY2013-FY2023F

Figure 32: India Brake Linings Market Attractiveness Index, By Vehicle Type, By Volume, FY2017-FY2023F

Figure 33: India Two-Wheeler Brake Pads & Shoes Market Size, By Value (USD Billion), By Volume (Million Unit), FY2013-FY2023F

Figure 34: India Two-Wheeler Brake Pads & Shoes Market Share, By Demand Category (OEM Vs. Replacement), By Volume, FY2013-FY2023F

Figure 35: India Two-Wheeler Brake Pads & Shoes Market Share, By Brake Type, FY2013-FY2023F

Figure 36: India Two-Wheeler Brake Pads & Shoes Market Attractiveness Index, By Brake Type,

By Volume, FY2017-FY2023F

Figure 37: India Passenger Car Brake Pads & Shoes Market Size, By Value (USD Billion), By Volume (Million Unit), FY2013-FY2023F

Figure 38: India Passenger Car Brake Pads & Shoes Market Share, By Demand Category (OEM Vs. Replacement), By Volume, FY2013-FY2023F

Figure 39: India Passenger Car Brake Pads & Shoes Market Share, By Brake, FY2013-FY2023F

Figure 40: India Passenger Car Brake Pads & Shoes Market Attractiveness Index, By Brake Type, By Volume, FY2017-FY2023F

Figure 41: India Commercial Vehicle Brake Pads, Shoes, & Linings Market Size, By Value (USD Billion), By Volume (Million Unit), FY2013-FY2023F

Figure 42: India Commercial Vehicle Brake Pads, Shoes, & Linings Market Share, By Demand Category (OEM Vs. Replacement), By Volume, FY2013-FY2023F

Figure 43: India Commercial Vehicle Brake Pads, Shoes, & Linings Market Share, By Brake Type, FY2013-FY2023F

Figure 44: India Commercial Vehicle Brake Pads, Shoes, & Linings Market Attractiveness Index, By Brake Type, By Volume, FY2017-FY2023F

Figure 45: India Three-Wheeler Brake Shoes Market Size, By Value (USD Billion), By Volume (Million Unit), FY2013-FY2023F

Figure 46: India Three-Wheeler Brake Shoes Market Share, By Demand Category (OEM Vs. Replacement), By Volume, FY2013-FY2023F

Figure 47: India Three-Wheeler Brake Shoes Market, By Brake Type, FY2013-FY2023F

Figure 48: India Three-Wheeler Brake Shoes Market Attractiveness Index, By Brake Type, By Volume, FY2017-FY2023F

Figure 49: India Off-The-Road (OTR) Brake Linings Market Size, By Value (USD Billion), By Volume (Million Unit), FY2013-FY2023F

Figure 50: India Off-The-Road (OTR) Brake Linings Market Share, By Demand Category (OEM Vs. Replacement), By Volume, FY2013-FY2023F

Figure 51: India Off-The-Road (OTR) Brake Linings Market, By Brake Type, FY2013-FY2023F

Figure 52: India Off-The-Road (OTR) Brake Linings Market Attractiveness Index, By Brake Type,

By Volume, FY2017-FY2023F

Figure 53: India Two-Wheeler Brake Pads & Shoes Market Share, By Brake Type, By Volume, FY2013-FY2023F

 

List of Tables

Table 1: Origin of Exports, Top 10 Countries, FY2016-17

Table 2: Origin of Imports, Top 10 Countries, FY2016-17

Table 3: India Brake Components HS – code (Imports)

Table 4: India Brake Components HS – code (Exports)

Table 5: India Auto Components Tax Rates (Before and After GST)

Frequently asked questions

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Two-wheelers hold the major share of around 30% in the India brakepad market, as the people in India use two-wheelers at a large scale compared to other vehicles, which also results in the increasing fleet size. Thus, it led to an increase in demand for India brakepad market

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India brakepad market is estimated to reach USD7386.07 million by 2027, at a CAGR of 7.49% owing to increasing adoption of brakepads in two-wheelers, commercial vehicles and electric vehicles.

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The top 10 players in the India brakepad market include Brakes India Private Limited, Rane Holdings Limited, Endurance Technologies Limited, ASK Automotive Pvt. Ltd., Brembo Brake India Pvt. Ltd., Makino Auto Industries Pvt. Ltd., Masu Brake Pads Pvt.Ltd., Allied Nippon Ltd., Sagestics India Brakes Private Limited, and Ceratech Friction Composites.

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Ongoing level of motorization and rising adoption of electric two-wheelers are driving the battery market. Thereby, the non-conventional vehicles market is rising at a robust pace and drive the growth of India brakepad market.

profile

Srishti Verma

Business Consultant
Press Release

India Brakepad Market to Grow at 7.49% CAGR by 2027

Mar, 2022

Increasing sales of two wheelers and passenger cars and growing parch size of vehicle to drive the India brakepad market through 2027.