India Brake Pads, Shoes and Linings Market is grow with a CAGR with 5.14% through 2029F
The growing automotive production, rising demand for vehicle safety, and
the adoption of electric and hybrid vehicles are the factors driving the market
in the forecast period 2025-2029. Infrastructure development and increased
focus on vehicle maintenance also contribute to market growth. Technological
advancements in braking systems further shape the market’s future.
According to TechSci
Research report, “Brake
Pads, Shoes and Linings Market -India Industry Size, Share, Trends, competition
Forecast & opportunities, 2029F”, the India Brake Pads, Shoes
and Linings Market was valued at USD 1.02 Billion in 2023 and is expected to
reach USD 1.37 Billion by 2029 with a CAGR of 5.14% during the forecast period. The India Brake Pads, Shoes,
and Linings market is growing steadily, largely driven by the rise in
automotive sales and vehicle ownership. As demand for cars, motorcycles, and
commercial vehicles increases, the need for dependable braking systems becomes
more critical. This growth is supported by improving road infrastructure and
greater awareness about vehicle safety and maintenance. The demand for brake
components, especially in the aftermarket, continues to rise as more vehicles
require replacement parts.
Innovations in brake system
technology are playing a key role in shaping market trends. New materials and
braking technologies, such as heat-resistant and noise-reducing components, are
gaining traction as consumers prioritize performance and safety. The rise of
electric and hybrid vehicles is also generating opportunities for specialized
braking systems designed to work with regenerative braking. As the Indian
government continues to encourage the adoption of EVs, demand for customized
brake solutions will likely increase. In addition, more stringent safety
regulations are prompting automakers to adopt advanced brake systems.
The market faces challenges,
including the high cost of advanced materials, such as ceramics, which limits
their adoption in lower-cost vehicles. The presence of counterfeit and
substandard products in the aftermarket is a concern for both manufacturers and
consumers. Additionally, the volatility of raw material prices and potential
supply chain disruptions place pressure on manufacturers to innovate and adapt.
Addressing these challenges will be key to sustaining market growth and
ensuring vehicle safety.
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India Brake Pads, Shoes and Linings Market is
segmented into vehicle type, sales channel type, brake type and
region.
The India Brake Pads, Shoes, and Linings market is segmented by vehicle
type, including two-wheelers, passenger cars, and commercial vehicles.
Two-wheelers are a vital segment in the market, driven by their high demand due
to affordable transportation options and increasing urbanization. Motorcycles
and scooters, which constitute a significant portion of India’s vehicle fleet,
require durable brake components that can withstand varying weather conditions
and usage patterns. As the number of two-wheelers continues to rise in urban
and rural areas, the demand for replacement brake parts is expected to
increase.
Passenger cars also contribute significantly to the market, as rising
disposable incomes and urbanization lead to greater vehicle ownership.
Consumers are placing more importance on vehicle safety, pushing the demand for
high-performance brake pads, shoes, and linings. The growing middle class and
an increasing preference for personal vehicles in urban areas are key drivers.
The focus on improved braking systems, noise reduction, and better performance
under diverse driving conditions has led to higher adoption of advanced brake
technologies in passenger vehicles. Commercial vehicles, including trucks, buses, and goods carriers, form
another crucial segment in the market. These vehicles often operate under heavy
loads and in demanding environments, making the need for reliable and durable
braking systems critical. With the expansion of infrastructure and the growth
of logistics and transportation industries, the demand for robust brake pads,
shoes, and linings for commercial vehicles is on the rise. The longer lifespan
of commercial vehicles and their high usage rates drive continuous demand for
replacement brake components, ensuring a steady growth trajectory in this
segment. Each vehicle type contributes uniquely to the overall brake components
market.
In 2023, South India emerged as the fastest-growing region in the India
Brake Pads, Shoes, and Linings Market. The region’s growth is primarily driven
by the booming automotive manufacturing sector, with key automotive hubs in
Tamil Nadu, Karnataka, and Andhra Pradesh playing a central role. South India’s
manufacturing plants produce a significant number of vehicles, including
passenger cars, two-wheelers, and commercial vehicles, which directly
contribute to the demand for brake components.
The region also benefits from a robust supply chain and a strong network
of automotive parts manufacturers, which support both OEM and aftermarket
requirements. As disposable incomes rise in urban areas like Chennai,
Bengaluru, and Hyderabad, the demand for personal vehicles continues to grow,
driving the need for high-quality brake components. The increasing focus on
vehicle safety and maintenance, alongside a growing preference for advanced
braking systems, further fuels market expansion. Infrastructure development in South India, including the expansion of
road networks and logistics hubs, has led to greater vehicle usage, increasing
the need for reliable braking solutions. The demand for commercial vehicles,
especially in sectors like transportation and logistics, is also contributing
to the rise in brake pad, shoe, and lining requirements in the region,
positioning South India as a key growth area in 2023.
Major market players
operating in India Brake Pads, Shoes and Linings Market are:
- Robert Bosch GmbH
- Tenneco Inc.
- Brakes India Private Limited
- Sundaram Brake Linings Ltd
- Brake Parts Inc
- Endurance Technologies Limited
- Amess Controls Pvt. Ltd.
- Lumax Auto Technologies Ltd.
- HL Mando Corp
- Rane Holdings Limited
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“The region is witnessing rapid growth, driven by investments in
automotive innovation and the increasing adoption of advanced braking
technologies. Rising demand for high-performance, safety-focused passenger cars
and commercial vehicles, along with government initiatives to improve road
safety, is fueling market expansion. The growth of urban and rural
transportation networks further boosts the need for efficient braking systems.
Advancements in lightweight components and better heat dissipation enhance the
market's appeal. With a focus on safety and innovation, the region is a key
driver of market growth” said
Mr. Karan Chechi, Research Director of TechSci Research, a research-based
global management consulting firm.
“India
Brake Pads, Shoes and Linings Market-India Industry Size, Share, Trends,
Opportunity, Segmented By Vehicle Type (Two-Wheeler, Passenger Car, Commercial
Vehicles), By Sales Channel Type (OEM, Aftermarket), By Brake Type (Brake Pads,
Brake Shoes, Brake Linings), By Region, By Competition, 2019-2029F”, The report evaluates the future growth potential of the India Brake
Pads, Shoes and Linings Market, offering insights into market size, structure,
and projected growth. It aims to provide comprehensive market intelligence to
support decision-makers in making informed investment decisions. Additionally,
the report identifies and analyzes emerging trends, key drivers, challenges,
and opportunities in the India Brake Pads, Shoes and Linings Market.
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