Saudi Arabia Brake Pad Market to Grow with a CAGR of 7.36% Through 2029
The expanding vehicle leasing and fleet management industry, rising
consumer preference for durable and low-maintenance brake pads, increasing
penetration of electric and hybrid vehicles requiring specialized braking
systems, and the growing emphasis on vehicle safety regulations in Saudi Arabia
are the factors driving the market in the forecast period 2025-2029.
According to TechSci Research report, “Saudi Arabia Brake Pad
Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2029F” " the Saudi Arabia Brake Pad market was valued
at USD 407.80 Million in 2023 and is expected to reach USD 624.32 Million by
2029 with a CAGR of 7.36% during the forecast period. The increasing shift
toward advanced driver-assistance systems (ADAS) requiring high-quality brake
components, growing investments in localized manufacturing to reduce import
dependency, rising demand for brake pads compatible with high-performance sports
vehicles, and the increasing use of commercial vehicles driven by rising
infrastructure investments and construction activity in Saudi Arabia are the
factors driving the market in the forecast period 2025-2029.
Browse over XX market data Figures spread through XX Pages and an
in-depth TOC on the "Saudi Arabia Brake Pad Market"
Saudi Arabia’s brake pad
market is experiencing substantial growth driven by distinct factors. The
rising adoption of vehicle leasing and fleet management practices is boosting
demand, as commercial and passenger vehicle fleets require consistent brake pad
maintenance and replacement. Consumer demand for reliable, long-lasting brake
pads is also on the rise, supported by increased awareness of vehicle upkeep
and safety. The growing presence of electric and hybrid vehicles, which need
advanced braking systems tailored to regenerative braking, is further
propelling the market. Stricter vehicle safety regulations in Saudi Arabia are
creating a favorable environment for innovation and high-quality product
development within the industry.
Key trends and
opportunities are driving transformation within the brake pad sector. Advanced
driver-assistance systems (ADAS) are leading to increased demand for
sophisticated brake components compatible with modern automotive technologies.
Efforts to establish local manufacturing facilities are gaining traction,
aiming to reduce reliance on imported products and foster a robust domestic
automotive industry. Additionally, the popularity of high-performance sports
vehicles is spurring interest in specialized brake pads designed for superior
performance and durability. These trends highlight the dynamic nature of the
market and the evolving expectations of consumers and businesses in Saudi
Arabia.
Despite strong growth
potential, the market faces notable challenges. Counterfeit brake pads in the
aftermarket remain a persistent problem, posing safety risks and impacting the
credibility of legitimate manufacturers. Volatility in the prices of raw materials
such as steel and ceramics adds pressure on manufacturers to maintain
competitive pricing while ensuring product quality. The rise of electric
vehicles requires manufacturers to innovate and adapt their brake pad designs
to meet the specific requirements of these new technologies. Furthermore, the
dependence on imports for both finished products and raw materials exposes the
market to global supply chain uncertainties. Overcoming these hurdles is
crucial to ensuring sustained growth and reliability in the Saudi brake pad
market.
The Saudi Arabia Brake Pad
Market is segmented into Material Type, Vehicle Type, Demand Category, and Region.
In Saudi Arabia, the brake
pad market is categorized by vehicle type into passenger cars, commercial
vehicles, and two-wheelers, each catering to unique requirements. Passenger
cars account for a significant share of demand due to rising vehicle ownership
in both metropolitan and smaller cities. Increasing reliance on personal
vehicles for daily commuting and intercity travel contributes to regular brake
pad replacements. Saudi Arabia’s extensive road infrastructure, coupled with
the hot climate, accelerates brake pad wear, sustaining a steady replacement
cycle in this segment.
Commercial vehicles, such
as buses, trucks, and construction machinery, form an essential segment of the
market. The growth in logistics and infrastructure projects across Saudi
Arabia, including new urban developments and industrial hubs, drives extensive
use of these vehicles. Operating under challenging conditions and heavy
workloads necessitates the use of durable and long-lasting brake pads. Fleet
managers aim to reduce downtime and maintenance costs by opting for reliable
braking solutions, aligning with the government’s focus on boosting economic
activity and modernizing transportation networks as part of Vision 2030
initiatives.
Two-wheelers, while
comprising a smaller segment, are steadily growing in relevance. Motorcycles
and scooters are increasingly favored for their affordability and efficiency,
particularly among younger populations and in areas with lower vehicle density.
These vehicles rely on compact brake systems that require lighter, effective
brake pads. Two-wheelers are becoming more prevalent in both urban areas, where
traffic congestion encourages their use, and rural regions, where they provide
an economical mode of transportation, contributing to consistent demand for
brake components.
The Eastern region of Saudi
Arabia experienced the fastest growth in brake pad demand in 2023. As the hub
of the oil and gas sector, it supports a large fleet of commercial vehicles
used in industrial transport and petroleum logistics. Cities like Dammam and Al
Khobar are also witnessing population growth, increasing the number of
passenger vehicles on the roads. Infrastructure expansion projects and
industrial development activities in the region further fuel the demand for
brake pads. This blend of economic activity and urbanization positions the
Eastern region as a key driver of growth for the brake pad market across all
vehicle categories.
Major market players
operating in Saudi Arabia Brake Pad market are:
- FBK
Malaysia
- ATE
Alfred Teves Brake Systems (PTY) Ltd
- ROBERT
BOSCH SAUDI ARABIA LTD
- ACDelco
Middle East and Africa
- Tenneco
Inc.
- Sangsin
Brake Co., Ltd
- Hitachi
Astemo, Ltd.
- Asimco
Asia Pacific
- Aisin
Asia Middle East & Africa DMCC
- Advics
Asia Pacific Co., Ltd
Download Sample Report
Customers can also request for 10% free customization on this report.
“The demand for brake pads in Saudi Arabia is growing fast as people are
becoming more aware of road safety and looking for better braking performance.
With more luxury and performance cars on the roads and a focus on keeping
vehicles efficient, the market is expanding quickly. While challenges like
counterfeit products are there, innovations in materials and smart braking
systems are setting the stage for exciting growth" said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based global management
consulting firm.
The report titled “Saudi Arabia Brake Pad Market –Industry Size, Share,
Trends, Opportunity, and Forecast, Segmented By Material Type (Semi-Metallic,
Ceramic, Others), By Vehicle Type (Passenger Car, Commercial Vehicle,
Two-Wheeler), By Demand Category (OEM, Aftermarket), By Region, By Competition,
2019- 2029F”, evaluates
the future growth potential of Saudi Arabia Brake Pad market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision-makers make sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the Saudi Arabia Brake Pad market.
Contact Us-
TechSci Research
LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
M: +13322586602
Email: [email protected]
Website: www.techsciresearch.com