Report Description

Automotive industry is one of the main pillars of industrial development in India. India is the seventh largest vehicle producer in the world, with an average annual production of more than 20 million vehicles in 2014. India is also the third largest automotive market in Asia, after Japan and China. At present, almost all major global automobile manufacturers are operating in India. Rising sales of passenger cars, two wheelers, commercial vehicles, three-wheelers and off-the road (OTR) vehicles in the country, have established the country as one of the leading brake friction markets as well. India offers great potential for growth in automotive and allied sectors as the country’s motorization rate is still lower compared to developed economies, which is consequently creating opportunities for brake pads, shoes, and linings manufacturers and suppliers. 

According to India Automotive Brake Pads, Shoes, and Linings Market Forecast & Opportunities, 2020”,the market for automotive brake pads, shoes, and linings in the country is forecast to grow at a CAGR of over 11% through 2020. Increase in automotive production and sales, expanding automobile fleet, and continuously rising aftermarket demand are the major market drivers. Two-wheeler automotive brake pads & shoes segment is anticipated to maintain dominance in the overall automotive brake friction market till 2020. India brake pads, shoes, and linings market is highly fragmented and dominated by the unorganized sector. The unorganized sector is substantially larger than other suppliers and primarily caters to the demand for replacement brake pads, shoes, and linings in the country. “India Automotive Brake Pads, Shoes, and Linings Market Forecast & Opportunities, 2020” discusses the following aspects:
  • India Brake Pads, Shoes, and Linings Market Size, Share & Forecast
  • Segmental Analysis – Passenger cars, Two-wheelers, Commercial Vehicles, Three-Wheelers & OTR Vehicles
  • Policy & Regulatory Landscape
  • Changing Market Trends & Emerging Opportunities
  • Competitive Landscape & Strategic Recommendations
Why You Should Buy This Report?
  • To gain an in-depth understanding of brake pads, shoes, and linings market in India
  • To identify the on-going trends and segment wise anticipated growth in the next five years
  • To help industry consultants, manufacturing companies and other stakeholders to align their market-centric strategies
  • To obtain research based business decision and add weight to presentations and marketing material
  • To gain competitive knowledge of leading market players
  • To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
Report Methodology 

The information contained in this report is based on both primary and secondary sources. Primary research included interviews with brake pads, shoes, and linings manufacturers, distributors and retailers. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

Table of content

1.     Research Methodology

2.     Product Definition and Market Segmentation

3.     Analyst View

4.     India Automotive Components Industry Overview

5.     India Automotive Brake Pads, Shoes, and Linings Market Outlook

5.1.   Market Size & Forecast

5.1.1. By Value

5.1.2. By Volume

5.2.   Market Share & Forecast

5.2.1. By Vehicle Type

5.2.2. By Company

5.2.3. By Demand Category (OEM & Replacement)

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

5.2.5. By Region

6.     India Automotive Brake Pads Market Outlook

6.1.   Market Size & Forecast

6.1.1. By Value

6.1.2. By Volume

6.2.   Market Share & Forecast

6.2.1. By Vehicle Type

6.2.2. By Demand Category (OEM & Replacement)

7.     India Automotive Brake Shoes Market Outlook

7.1.   Market Size & Forecast

7.1.1. By Value

7.1.2. By Volume

7.2.   Market Share & Forecast

7.2.1. By Vehicle Type

7.2.2. By Demand Category (OEM & Replacement)

8.     India Automotive Brake Linings Market Outlook

8.1.   Market Size & Forecast

8.1.1. By Value

8.1.2. By Volume

8.2.   Market Share & Forecast

8.2.1. By Vehicle Type

8.2.2. By Demand Category (OEM & Replacement)

9.     India Passenger Car Brake Pads & Shoes Market Outlook

9.1.   Market Size & Forecast

9.1.1. By Value

9.1.2. By Volume

9.2.   Market Share & Forecast

9.2.1. By Demand Category (OEM & Replacement)

9.2.2. By Brake Type (Brake Pads & Brake Shoes)

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

10.1.Market Size & Forecast

10.1.1.   By Value

10.1.2.   By Volume

10.2.Market Share & Forecast

10.2.1.   By Brake Type (Brake Pads, Brake Shoes, & Brake Linings)

10.2.2.   By Demand Category (OEM & Replacement)

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

11.1.Market Size & Forecast

11.1.1.   By Value

11.1.2.   By Volume

11.2.Market Share & Forecast

11.2.1.   By Demand Category (OEM & Replacement)

11.2.2.   By Segment (Brake Pads & Brake Shoes)

12.  India Three-Wheeler Brake Shoes Market Outlook

12.1.Market Size & Forecast

12.1.1.   By Value

12.1.2.   By Volume

12.2.Market Share & Forecast

12.2.1.   By Demand Category (OEM & Replacement)

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

13.1.Market Size & Forecast

13.1.1.   By Value

13.1.2.   By Volume

13.2.Market Share & Forecast

13.2.1.   By Demand Category (OEM & Replacement)

14.  Market Dynamics

14.1.Growth Drivers

14.2.Challenges

15.  Policy & Regulatory Landscape

16.  Market Trends & Developments

16.1.Automobile Sales & Production Scenario

16.2.Counterfeit Brake Friction Products

16.3.Brake Pads Replacing Brake Shoes

16.4.Unorganized Sector

16.5.Highly Fragmented Market

17.  India Economic Outlook

18.  Competitive Landscape

18.1.Rane Brake Lining Limited

18.2.ASK Automotive (P) Limited

18.3.Sundaram Brake Lining Limited

18.4.Brakes India Pvt. Ltd.

18.5.Bosch Chassis System India Limited

18.6.Automotive Axles Limited

18.7.Hindustan Composites Limited

18.8.Allied-Nippon Limited

18.9.Makino Auto Industries Pvt. Ltd.

18.10.  Federal-Mogul Goetze Limited

18.11.  Ranbro Brakes India Limited

18.12.  Brakewel Automotive Components (I) Pvt. Ltd.

19.  Strategic Recommendations


Figures and Tables

List of Figures

 

Figure 1: Automotive Components Industry - Product Segment Chart

Figure 2: India Automotive Components Market Size, By Value, 2009–2013 (USD Billion)

Figure 3: India Automotive Market, By Product Segment Share, By Value, 2014

Figure 4: India Automotive Brake Pads, Shoes, and Linings Market Size, By Value, 2010–2014 (USD Million)

Figure 5: India Automotive Brake Pads, Shoes, and Linings Market Size, By Value, 2015E–2020F (USD Million)

Figure 6: India Automotive Brake Pads, Shoes, and Linings Market Size, By Volume, 2010–2014 (Million Units)

Figure 7: India Automotive Brake Pads, Shoes, and Linings Market Size, By Volume, 2015E–2020F (Million Units)

Figure 8: India Automotive Brake Pads, Shoes, and Linings Market Share, By Vehicle Type, By Value, 2014

Figure 9: India Automotive Brake Pads, Shoes, and Linings Market Share, By Vehicle Type, By Value, 2020F

Figure 10: India Automotive Brake Pads, Shoes, and Linings Market Share, By Vehicle Type, By Volume, 2014

Figure 11: India Automotive Brake Pads & Shoes Market Share, By Vehicle Type, By Volume, 2020F

Figure 12: India Automotive Brake Pads, Shoes, and Linings Market Share, By Company, By Value, 2014

Figure 13: India Automotive Brake Pads, Shoes, and Linings Market Share, By Company, By Value, 2020F

Figure 14: India Automotive Brake Pads, Shoes, and Linings Market Share, By Demand Category, By Volume, 2014

Figure 15: India Automotive Brake Pads, Shoes, and Linings Market Share, By Demand Category, By Volume, 2020F

Figure 16: India Automotive Brake Pads, Shoes, and Linings Market Share, By Brake Type, By Volume, 2014

Figure 17: India Automotive Brake Pads, Shoes, and Linings Market Share, By Brake Type, By Volume, 2020F

Figure 18: India Brake Pads, Shoes, and Linings Market Share, By Region, By Volume, 2014 & 2020F

Figure 19: India Automotive Brake Pads Market Size, By Value, 2010–2014 (USD Million)

Figure 20: India Automotive Brake Pads Market Size, By Value, 2015E–2020F (USD Million)

Figure 21: India Automotive Brake Pads Market Size, By Volume, 2010–2014 (Million Units)

Figure 22: India Automotive Brake Pads Market Size, By Volume, 2015E–2020F (Million Units)

Figure 23: India Automotive Brake Pads Market Share, By Vehicle Type, By Value, 2014

Figure 24: India Automotive Brake Pads Market Share, By Vehicle Type, By Value, 2020F

Figure 25: India Automotive Brake Pads Market Share, By Vehicle Type, By Volume, 2014

Figure 26: India Automotive Brake Pads Market Share, By Vehicle Type, By Volume, 2020F

Figure 27: India Automotive Brake Pads Market Share, By Demand Category, By Value, 2014

Figure 28: India Automotive Brake Pads Market Share, By Demand Category, By Value, 2020F

Figure 29: India Automotive Brake Pads Market Share, By Demand Category, By Volume, 2014

Figure 30: India Automotive Brake Pads Market Share, By Demand Category, By Volume, 2020F

Figure 31: India Automotive Brake Shoes Market Size, By Value, 2010–2014 (USD Million)

Figure 32: India Automotive Brake Shoes Market Size, By Value, 2015E–2020F (USD Million)

Figure 33: India Automotive Brake Shoes Market Size, By Volume, 2010–2014 (Million Units)

Figure 34: India Automotive Brake Shoes Market Size, By Volume, 2015E–2020F (Million Units)

Figure 35: India Automotive Brake Shoes Market Share, By Vehicle Type, By Value, 2014

Figure 36: India Automotive Brake Shoes Market Share, By Vehicle Type, By Value, 2020F

Figure 37: India Automotive Brake Shoes Market Share, By Vehicle Type, By Volume, 2014

Figure 38: India Automotive Brake Shoes Market Share, By Vehicle Type, By Volume, 2020F

Figure 39: India Automotive Brake Shoes Market Share, By Demand Category, By Value, 2014

Figure 40: India Automotive Brake Shoes Market Share, By Demand Category, By Value, 2020F

Figure 41: India Automotive Brake Shoes Market Share, By Demand Category, By Volume, 2014

Figure 42: India Automotive Brake Shoes Market Share, By Demand Category, By Volume, 2020F

Figure 43: India Automotive Brake Linings Market Size, By Value, 2010–2014 (USD Million)

Figure 44: India Automotive Brake Linings Market Size, By Value, 2015E–2020F (USD Million)

Figure 45: India Automotive Brake Linings Market Size, By Volume, 2010–2014 (Million Units)

Figure 46: India Automotive Brake Linings Market Size, By Volume, 2015E–2020F (Million Units)

Figure 47: India Automotive Brake Linings Market Share, By Vehicle Type, By Value, 2014

Figure 48: India Automotive Brake Linings Market Share, By Vehicle Type, By Value, 2020F

Figure 49: India Automotive Brake Linings Market Share, By Vehicle Type, By Volume, 2014

Figure 50: India Automotive Brake Linings Market Share, By Vehicle Type, By Volume, 2020F

Figure 51: India Automotive Brake Linings Market Share, By Demand Category, By Value, 2014

Figure 52: India Automotive Brake Linings Market Share, By Demand Category, By Value, 2020F

Figure 53: India Automotive Brake Lining Market Share, By Demand Category, By Volume, 2014

Figure 54: India Automotive Brake Lining Market Share, By Demand Category, By Volume, 2020F

Figure 55: India Passenger Car Brake Pads & Shoes Market Size, By Value, 2010–2014 (USD Million)

Figure 56: India Passenger Car Brake Pads & Shoes Market Size, By Value, 2015E–2020F (USD Million)

Figure 57: India Passenger Car Brake Pads & Shoes Market Size, By Volume, 2010–2014 (Million Units)

Figure 58: India Passenger Car Brake Pads & Shoes Market Size, By Volume, 2015E–2020F (Million Units)

Figure 59: India Passenger Car Brake Pads & Shoes Market Share, By Demand Category, By Value, 2014

Figure 60: India Passenger Car Brake Pads & Shoes Market Share, By Demand Category, By Value, 2020F

Figure 61: India Passenger Car Brake Pads & Shoes Market Share, By Demand Category, By Volume, 2014

Figure 62: India Passenger Car Brake Pads & Shoes Market Share, By Demand Category, By Volume, 2020F

Figure 63: India Passenger Car Brake Pads & Shoes Market Share, By Brake Type, By Value, 2014

Figure 64: India Passenger Car Brake Pads & Shoes Market Share, By Brake Type, By Value, 2020F

Figure 65: India Passenger Car Brake Pads & Shoes Market Share, By Brake Type, By Volume, 2014

Figure 66: India Passenger Car Brake Pads & Shoes Market Share, By Brake Type, By Volume, 2020F

Figure 67: India Commercial Vehicle Brake Pads, Shoes, & Linings Market Size, By Value, 2010–2014 (USD Million)

Figure 68: India Commercial Vehicle Brake Pads, Shoes & Linings Market Size, By Value, 2015E–2020F (USD Million)

Figure 69: India Commercial Vehicle Brake Pads & Shoes Market Size, By Volume, 2010–2014 (Million Units)

Figure 70: India Commercial Vehicle Brake Pads, Shoes & Linings Market Size, By Volume, 2015E–2020F (Million Units)

Figure 71: India Commercial Vehicle Brake Pads, Shoes & Linings Market Share, By Brake Type, By Value, 2014

Figure 72: India Commercial Vehicle Brake Pads, Shoes & Linings Market Share, By Brake Type, By Value, 2020F

Figure 73: India Commercial Vehicle Brake Pads, Shoes & Linings Market Share, By Brake Type, By Volume, 2014

Figure 74: India Commercial Vehicle Brake Pads, Shoes & Linings Market Share, By Brake Type, By Volume, 2020F

Figure 75: India CV Brake Pads, Shoes & Linings Market Share, By Demand Category, By Value, 2014

Figure 76: India CV Brake Pads, Shoes & Linings Market Share, By Demand Category, By Value, 2020F

Figure 77: India CV Brake Pads, Shoes & Linings Market Share, By Demand Category, By Volume, 2014

Figure 78: India CV Brake Pads, Shoes & Linings Market Share, By Demand Category, By Volume, 2020F

Figure 79: India Two-Wheeler Brake Pads & Shoes Market Size, By Value, 2010–2014 (USD Million)

Figure 80: India Two-Wheeler Brake Pads & Shoes Market Size, By Value, 2015E–2020F (USD Million)

Figure 81: India Two-Wheeler Brake Pads & Shoes Market Size, By Volume, 2010–2014 (Million Units)

Figure 82: India Two-Wheeler Brake Pads & Shoes Market Size, By Volume, 2015E–2020F (Million Units)

Figure 83: India Two-Wheeler Brake Pads & Shoes Market Share, By Demand Category, By Value, 2014

Figure 84: India Two-Wheeler Brake Pads & Shoes Market Share, By Demand Category, By Value, 2020F

Figure 85: India Two-Wheeler Brake Pads & Shoes Market Share, By Demand Category, By Volume, 2014

Figure 86: India Two-Wheeler Brake Pads & Shoes Market Share, By Demand Category, By Volume, 2020F

Figure 87: India Two-Wheeler Brake Pads & Shoes Market Share, By Brake Type, By Value, 2014

Figure 88: India Two-Wheeler Brake Pads & Shoes Market Share, By Brake Type, By Value, 2020F

Figure 89: India Two-Wheeler Brake Pads & Shoes Market Share, By Brake Type, By Volume, 2014

Figure 90: India Two-Wheeler Brake Pads & Shoes Market Share, By Brake Type, By Volume, 2020F

Figure 91: India Three-Wheeler Brake Shoes Market Size, By Value, 2010–2014 (USD Million)

Figure 92: India Three-Wheeler Brake Shoes Market Size, By Value, 2015E–2020F (USD Million)

Figure 93: India Three-Wheeler Brake Shoes Market Size, By Volume, 2010–2014 (Million Units)

Figure 94: India Three-Wheeler Brake Shoes Market Size, By Volume, 2015E–2020F (Million Units)

Figure 95: India Three-Wheeler Brake Shoes Market Share, By Demand Category, By Value, 2014

Figure 96: India Three-Wheeler Brake Shoes Market Share, By Demand Category, By Value, 2020F

Figure 97: India Three-Wheeler Brake Shoes Market Share, By Demand Category, By Volume, 2014

Figure 98: India Three-Wheeler Brake Shoes Market Share, By Demand Category, By Volume, 2020F

Figure 99: India OTR Brake Linings Market Size, By Value, 2010–2014 (USD Million)

Figure 100: India OTR Brake Linings Market Size, By Value, 2015E–2020F (USD Million)

Figure 101: India OTR Brake Linings Market Size, By Volume, 2010–2014 (Million Units)

Figure 102: India OTR Brake Linings Market Size, By Volume, 2015E–2020F (Million Units)

Figure 103: India OTR Brake Linings Market Share, By Demand Category, By Value, 2014

Figure 104: India OTR Brake Linings Market Share, By Demand Category, By Value, 2020F

Figure 105: India OTR Brake Linings Market Share, By Demand Category, By Volume, 2014

Figure 106: India OTR Brake Linings Market Share, By Demand Category, By Volume, 2020F

Figure 107: India Vehicle Sales, By Vehicle Type, By Volume, 2010–2014 (Million Units)

 

List of Tables

 

Table 1: Prominent Players in India Automotive Components Industry, By Product Segment

Table 2: India Automotive Vehicle Fleet, By Segment, 2010-2014 (Million Units)

Table 3: India Automotive Vehicle Production, By Volume, 2010–2014 (Million Units)

Table 4: India Automotive Vehicle Sales, By Volume, 2010–2014 (Million Units)

Table 5: India Automotive Brake Pads ASP in Replacement Market, By Vehicle Type, 2010 & 2014 (USD)

Table 6: India Automotive Brake Pads ASP in Replacement Market, By Vehicle Type, 2015E & 2020F (USD)

Table 7: India Automotive Brake Shoes ASP in Replacement Market, By Vehicle Type, 2010 & 2014, 2015 & 2020 (USD)

Table 8: India Automotive Brake Shoes ASP in Replacement Market, By Vehicle Type, 2010 & 2014 (USD)

Table 9: India Automotive Brake Shoes ASP in Replacement Market, By Vehicle Type, 2015E & 2020F (USD)

Table 10: India Passenger Car Brake Pads & Shoes ASP, By Replacement Market, 2010 & 2014 (USD)

Table 11: India Passenger Car Brake Pads & Shoes ASP in Replacement Market, 2015E & 2020F (USD)

Table 12: Upcoming Greenfield and Brownfield Projects in Passenger Car Segment, 2014–2020

Table 13: India Passenger Car Production and Sales, By Volume, 2010-2014 (Million Units)

Table 14: India Passenger Car Brake Pads Market Size, By Value & Volume, 2014 & 2020F

Table 15: India Passenger Car Shoes Pads Market Size, By Value & Volume, 2014 & 2020F

Table 16: India Commercial Vehicle Brake Pads, Shoes & Linings ASP in Replacement Market, 2010 & 2014 (USD)

Table 17: India Commercial Vehicle Brake Pads, Shoes & Linings ASP in Replacement Market, 2015E & 2020F (USD)

Table 18: Upcoming Greenfield and Brownfield Projects in Commercial Vehicle Segment, 2014–2020

Table 19: India Commercial Vehicle Brake Shoes Market Size, By Value & Volume, 2014 & 2020F

Table 20: India Commercial Vehicle Brake Pads Market Size, By Value & Volume, 2014 & 2020F

Table 21: India Commercial Vehicle Brake Linings Market Size, By Value & Volume, 2014 & 2020F

Table 22: India Commercial Vehicle Production, By Segments, By Volume, 2010-2014 (Million Units)

Table 23: India Commercial Vehicle Sales, By Segments, By Volume, 2010-2014 (Million Units)

Table 24: India Two-Wheeler Brake Pads & Shoes ASP in Replacement Market, 2010 & 2014 (USD)

Table 25: India Two-Wheeler Brake Pads & Shoes ASP in Replacement Market, 2015E & 2020F (USD)

Table 26: Upcoming Greenfield and Brownfield Projects in Two Wheelers Segment, 2014 – 2020

Table 27: India Two-Wheeler Production, By Volume, 2010-2014 (Million Units)

Table 28: India Two-Wheeler Sales, By Segments, By Volume, 2010-2014 (Million Units)

Table 29: India Two-wheeler Brake Pads Market Size, By Value & Volume, 2014 & 2020F

Table 30: India Two-wheeler Brake Pads Market Size, By Value & Volume, 2014 & 2020F

Table 31: India Three-Wheeler Brake Pads & Shoes ASP in Replacement Market, 2015E & 2020F (USD)

Table 32: India Three-Wheeler Production and Sales Statistics, By Volume, 2010-2014 (Million Units)

Table 33: India OTR Brake Linings ASP in Replacement Market, 2015E & 2020F (USD)

Table 34: India Off-The-Road (OTR) Production and Sales Statistics, By Volume, 2010-2014 (Million Units)

Table 35: Standards for Brake Friction laid down by the Bureau of Indian standards

Table 36: Rane Brake Linings Limited Financials, 2010-2011 to 2013-2014 (USD Million)

Table 37: Sundaram Brake Linings Limited Financials, 2012-2013 & 2013-2014 (USD Million)

Table 38: Brakes India Private Limited Financials, 2012-13 & 2013-14 (USD Million)

Table 39: Automotive Axles Limited Financials, 2009-2010 to 2013-2014 (USD Million)

Table 40: Hindustan Composite Limited Financials, 2012-2013 & 2013-2014 (USD Million)

Table 41: Allied Nippon Limited Financials, 2012-2013 & 2013-2014 (USD Million)

Table 42: Makino Auto Industries Pvt. Ltd. Financials, 2012-13 & 2013-14 (USD Million)

Table 43: Federal-Mogul Goetze (India) Limited Financials, 2013 (USD Million)

Table 44: Brakewel Automotive Components (I) Pvt. Limited Financials, 2012-13 & 2013-14 (USD Million)

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Srishti Verma

Business Consultant
Press Release

India Automotive Brake Pads, Shoes, and Linings Market to Grow at 11% through 2020

Dec, 2015

Growing automobile production and sales coupled with expanding vehicle fleet to drive India automotive brake pads, shoes,and linings market through 2020