Automotive Brake Band Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Transmission Type (Automatic Transmission (AT), Automated Manual Transmission (AMT), Dual-Clutch Transmission (DCT), Continuously Variable Transmission (CVT) and Others), By Vehicle Type (Passenger Cars, LCV and M&HCV), By Propulsion (Petrol/CNG, Diesel, and Electric and Hybrid), B
Published Date: May - 2025 | Publisher: MIR | No of Pages: 320 | Industry: Automotive | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAutomotive Brake Band Market size
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The global automotive brake band market size was valued at approximately USD 1.5 billion in 2023 and is projected to reach around USD 2.3 billion by 2032, growing at a CAGR of 4.8% during the forecast period.
The increasing demand for improved vehicle safety and the rising production of automobiles globally are among the key factors driving the growth of the automotive brake band market.
The global automotive brake band market is anticipated to witness a growth of steady CAGR in the forecast period,The flourishing automotive industry, entry of new market players, and the ongoing technological advancements to upgrade the existing infrastructure are driving the growth of the global automotive brake band market.
Automotive brake bands are flexible steel plates with organic or semi-metallic friction material. Heat dissipation is achieved by absorbing transmission fluid by the lining. Automotive transmission fluid flows into grooves and cuts into the band’s surface when the band tightens around the drum to cool down the fluid, bringing the drum to stop. Automotive brake bands are either single or double wrapped. Double wrapped brake bands require less hydraulic force and have more clamping force to achieve the same stopping power as the single band.
Need To Achieve Optimum Performance of Automobiles Supports Market Growth
The increase in the disposable income of consumers is driving the expenditure potential to spend on a quality life. Urbanization and shifting consumer preferences of private vehicle owners are likely to impact the market growth. The players in the automotive market are putting in efforts and premium investments in research and development activities to drive innovative solutions to improve vehicle components and boost the performance of vehicles.
Market participants are enhancing the driving experience by amplifying smooth acceleration and smooth gear changing. Growing vehicle manufacturing in nations such as India, China, and Brazil and an increasing vehicle fleet are anticipated to drive the demand for the global automotive brake band market.
Increasing Sales of Commercial Vehicle Drives Market Growth
Accelerated urbanization and industrialization, and road infrastructure development are stimulating the growth of the logistics sector. With the continuous infrastructure projects and fund allocation by top authorities, the thriving construction and mining sector is likely to fuel the demand for commercial vehicles all over the world. Install automatic manual transmission in commercial vehicles.
The driver can adjust the automatic or switch to a manual system by pressing the gear lever, upshifting, and then pulling it down. The United States is likely to observe significant growth opportunities based on dominant market players and sophisticated technologies in the manufacturing process. Huge sales of passenger vehicles and attempts to enhance the driving experience are likely to propel the market growth in the United States.
Ongoing Technological Advancements Fuels the Market Growth
Automotive original equipment manufacturers embrace sophisticated systems such as automatic manual transmission to reduce fuel consumption and carbon dioxide emissions for increased driving performance. More than 60% of passenger vehicles are fitted with automatic transmission systems. The increase in the use of dual-clutch transmission (DCT) and continuously variable transmission (CVT) instead of manual and automatic transmission systems for the purpose of supporting fuel efficiency and attaining greater automotive performance is predicted to drive the market growth. The entry of intelligent manual transmission by the players in the market and other technologies shape market demand.
Market Segmentation
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The global automotive brake band market is segmented by transmission type, vehicle type, propulsion, demand category, regional distribution, and company. Based on the transmission type, the global automotive brake band market is divided into automatic transmission (AT), automated manual transmission (AMT), dual-clutch transmission (DCT), continuously variable transmission (CVT) and others.
Based on the vehicle type, the global automotive brake band market is divided into passenger cars, LCV and M&HCV. Based on propulsion, the global automotive brake band market is divided into petrol/CNG, diesel, and electric and hybrid.
Based on the demand category, the global automotive brake band market is divided into OEM and replacement. To analyze the market based on the region, the global automotive brake band market is studied in major regions namely North America, Asia-pacific, Europe & CIS, South America, Middle East, and Africa.
Market Players
Some of the major players operating in the Automotive Brake Band Market are
- Continental AG
- Robert Bosch GmbH
- Knott Brake Co
- Cook Bonding & Manufacturing Co.
- Inc.
- Phoenix Friction Products
- ProTec Friction Group
- American Friction
- Midwest Brake
- Industrial Friction Material Ltd
- MULLER BRAKES AMERICA
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Attribute |
Details |
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Base Year |
2021 |
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Historic Data |
2017 – 2020 |
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Estimated Year |
2022 |
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Forecast Period |
2023 – 2027 |
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Quantitative Units |
Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027 |
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Report coverage |
Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
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Segments covered |
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Regional scope |
North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
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Country scope |
United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia; Egypt |
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Key companies profiled |
Continental AG, Robert Bosch GmbH, Knott Brake Co, Cook Bonding & Manufacturing Co., Inc., Phoenix Friction Products |
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Customization scope |
10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
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Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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