United States Automotive Brake Pads, Shoes and Linings Market to Grow with a CAGR of 5.71% through 2029
The growth
of the United States automotive brake pads, shoes, and linings market is driven
by the increasing number of vehicles on the road, advancements in brake
technology, and the rising demand for environmentally friendly and high-performance
brake materials. These factors are driving the market in the forecast period.
According to TechSci Research report, “United States Automotive
Brake Pads, Shoes and Linings Market – By Region, By Competition Forecast & opportunities, 2019-2029F”, the United States Automotive Brake Pads, Shoes and Linings Market stood at USD 4.74 Billion in 2023 and is forecast to reach USD 6.60 Billion by 2029F, demonstrating a promising compound annual growth rate (CAGR) of 5.71% during the forecast period. The automotive brake pads,
shoes, and linings market in the United States is driven by growing vehicle
production, a strong preference for advanced braking systems, and increased
safety concerns. As materials like low-dust and eco-friendly compounds gain
popularity, manufacturers are focusing on improving both performance and
environmental sustainability. With the rise of electric vehicles (EVs)
requiring specialized braking solutions, the industry sees significant
opportunities for innovation. The increasing adoption of
EVs introduces unique challenges in brake design, pushing for components that
can handle regenerative braking and accommodate higher vehicle weights. This
has spurred manufacturers to develop specific solutions tailored to these
vehicles. Additionally, advancements in braking technology contribute to
meeting performance and durability standards.
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The United States Automotive Brake Pads, Shoes and Linings Market is Segmented By Vehicle Type, Demand Category, Material Type, Brake Type and By Region.
The market for automotive
brake components is segmented by brake type, which includes brake pads, shoes,
and linings. Brake pads are crucial for most modern vehicles, providing direct
contact with the rotor to create the friction needed for stopping. They are
typically used in disc brake systems, which are common in passenger cars and
light commercial vehicles. Brake shoes, on the other hand, are used in drum
brake systems, typically found in older vehicles and some light trucks. These
shoes press against the inside of a rotating drum to slow the vehicle.
Brake linings are essential
components of both drum and disc brakes, providing the friction surface that
interacts with the brake pads or shoes. These linings are designed to wear
evenly and offer long-lasting performance. Each type of brake component is
engineered to meet specific performance criteria such as heat resistance,
durability, and noise reduction. The development of advanced materials,
including low-dust and high-performance composites, has driven innovation in
each of these categories. The demand for these
components is influenced by factors such as vehicle maintenance schedules,
advancements in automotive technology, and evolving consumer preferences for
eco-friendly and durable solutions. Brake pads, shoes, and linings are integral
to ensuring vehicle safety and performance, and manufacturers continue to
develop them to meet stringent regulatory standards and provide high levels of
safety and efficiency for all types of vehicles.
Based on region, In 2023, the West region of the United States
emerged as the fastest-growing market for automotive brake pads, shoes, and
linings. This growth can be attributed to several factors driving the demand
for replacement parts in the region. The West has a large, diverse population
with major metropolitan areas like Los Angeles, San Francisco, and Seattle,
where vehicle ownership rates remain high. As these areas experience a steady
increase in the number of vehicles on the road, the need for maintenance and replacement
of critical components like brake systems rises significantly. A surge in both
consumer and commercial vehicle use in the West is contributing to the growing
demand for brake pads, shoes, and linings. The region’s vast geography, with
long road trips and high miles driven, leads to faster wear and tear on
automotive braking systems. Additionally, the West is seeing an increasing
number of electric vehicles (EVs), which require specialized brake components,
including regenerative braking systems, creating new market opportunities for
manufacturers in this space. Climate conditions in the West, with frequent
temperature fluctuations and dry weather, also play a role in the accelerated
need for brake system replacements, as these factors can impact brake pad
longevity. As a result, the West stands out as the region with the most
substantial growth in the automotive brake components market in 2023.
Major Market Players
Operating in United States Automotive Brake Pads, Shoes and Linings Market Are:
- Brembo SpA
- ITT Inc.
- Robert Bosch GmBH
- Tenneco Inc.
- Akebono Brake Corporation
- ZF Friedrichshafen AG
- Hitachi Astemo, Ltd.
- Federal-Mogul Holdings LLC
- BorgWarner Inc.
- Nisshinbo Holdings Inc.
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"The United States automotive brake pads,
shoes, and linings market is experiencing significant growth as demand for
vehicles continues to rise across various segments. The automotive industry’s
focus on safety, performance, and eco-friendly solutions drives the development
of advanced braking systems. With increasing consumer preference for
high-performance brake components and the rise of electric vehicles (EVs), the
need for specialized brake solutions is also growing. The market is expected to
expand further as manufacturers innovate to meet both regulatory standards and
consumer expectations for better performance and sustainability," said Mr.
Karan Chechi, Research Director of TechSci Research, a research-based global
management consulting firm.
"United States Automotive Brake Pads, Shoes and Linings Market - By Vehicle Type (Passenger Car, Two- Wheeler, Commercial Vehicle), By Demand Category (OEM and Replacement), By Material Type (Semi-Metallic, Ceramic, and Others), By Brake Type (Brake Pads, Shoes & Linings), By Region, Competition, Forecast & Opportunities, 2019-2029F, evaluates the future growth
potential of the United States Automotive brake pads, shoes and linings market.
It provides comprehensive statistics and insights into market size, structure,
and future growth projections. The report aims to offer cutting-edge market
intelligence to help decision-makers make informed investment choices.
Additionally, it identifies emerging trends and analyzes key drivers,
challenges, and opportunities in the United States Automotive brake pads, shoes
and linings market.
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