Press release
A Deep Dive into Automotive Brakes And Clutches Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
Automotive Brakes And Clutches Market Size
The rising success of the automotive industry is projected to stimulate the expansion of the automotive brakes and clutches market in the future. The automotive industry encompasses all business operations related to the manufacture of vehicles, including the majority of components such as engines, bodywork, tires, and batteries. A boost in the automotive industry will lead to an upsurge in demand for automotive brakes and clutches since these are crucial components of automobiles. For example, in April 2024, a Britain-based company reported that new car registrations in the UK rose for the 21st straight month, showing a modest increase of 1.0%, tallying up to 134,274 units. Thus, the flourishing automotive industry is fuelling the growth of the automotive brakes and clutches market.
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What is the future CAGR of the automotive brakes and clutches market, and how will it impact industry expansion?
The market size of automotive brakes and clutches has been consistently growing over the years. It is projected to expand from a worth of $26.65 billion in 2024 to $27.86 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 4.6%. This growth during the historical period has been spurred by factors such as the advancements in automobile development, the rise in vehicle weight and speed, the integration of hydraulic brake systems, the demand for superior safety attributes, and the progress in automotive manufacturing methodologies.
Anticipated robust expansion is on the horizon for the automotive brakes and clutches market in the forthcoming years. The market is anticipated to amplify to $35.45 billion by 2029, progressing at a compound annual growth rate (CAGR) of 6.2%. The escalation during the forecasting term is linked with the motor vehicle electrification, the innovation of intelligent braking mechanism, emphasis on power recuperation systems, an ongoing focus on safety, and self-driven motoring. Prevailing trends for the forecasted duration encompass brake-by-wire procedures, energy recovery braking systems, lightweight and high-functionality brake materials, amalgamation with advanced driver assistance systems (ADAS), and compact clutch blueprints with a modular design.
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What are the most significant trends transforming the automotive brakes and clutches market today?
Key players in the automotive brakes and clutches market are prioritizing the development of innovative features such as automatic clutch systems. These efforts are targeted at improving driver comfort, enhancing vehicle performance, and decreasing fuel use, thereby fulfilling the rising demand for state-of-the-art automotive technologies. An automatic clutch system is a technology that automates the vehicle's clutch operation, thus doing away with the need for a manual clutch pedal. For instance, in May 2024, German luxury vehicle manufacturer Bayerische Motoren Werke AG introduced the Automated Shift Assistant (ASA) specifically designed for large adventure motorcycles like the upcoming R 1300 GS and R 1300 GS Adventure. The ASA, equipped with electromechanical actuators, automates clutch engagement and gear shifts, providing a smoother ride with two operation modes - manual mode for traditional shifting, and automatic mode for effortless gear changes. Additionally, the ASA not only lessens shift shocks and prevents engine stalling, but also extends its utility to safety inclusions such as Active Cruise Control.
Which key market segments comprise the automotive brakes and clutches market and drive its revenue growth?
The automotive brakes and clutches market covered in this report is segmented -
1) By Product: Original Equipment Manufacturer (OEM), After market
2) By Clutch Type: Friction Clutch, Dog Clutch, Hydraulic Clutch, Other Clutch Types
3) By Transmission Type: Manual Transmission, Automatic Transmission, Automated Manual Transmission (AMT), Other Transmission Types
4) By Application: Passenger Car, Commercial Vehicle
Subsegments:
1) By Original Equipment Manufacturer (OEM): OEM Brake Systems, OEM Clutch Systems
2) By After market: After market Brake Pads, After market Brake Rotors, After market Brake Calipers, After market Clutch Kits, After market Clutch Discs
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What regions are at the forefront of automotive brakes and clutches market expansion?
North America was the largest region in the automotive brakes and clutches market in 2024. The regions covered in the automotive brakes and clutches market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the leading players fueling growth in the automotive brakes and clutches market?
Major companies operating in the automotive brakes and clutches market include FCC Co. Ltd., BorgWarner Inc., NSK Ltd., Valeo Service Group, Robert Bosch GmbH, Brembo SpA, Continental AG, ZF Friedrichshafen AG, Marelli Holdings Co. Ltd., Exedy Corporation, Eaton Corporation, Aisin Seiki Co. Ltd., Autoliv Inc., Tenneco Inc., Mando Corporation, Knorr-Bremse AG, Wabco Holdings Inc., Haldex AB, Meritor Inc., Hitachi Automotive Systems Ltd., Nissin Kogyo Co. Ltd., Advics Co. Ltd., Federal-Mogul Motorparts LLC, Bendix Commercial Vehicle Systems LLC, TRW Automotive Holdings Corp., Delphi Technologies plc, Charlotte Baur Formschaumtechnik GmbH, Woco Industrietechnik GmbH, Roechling Group, Erlingklinger AG
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What Is Covered In The Automotive Brakes And Clutches Global Market Report?
•Market Size Forecast: Examine the automotive brakes and clutches market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the automotive brakes and clutches market for a structured understanding.
•Key Players Overview: Analyze major players in the automotive brakes and clutches market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automotive brakes and clutches market.
•Segment Contributions: Evaluate how different segments drive overall growth in the automotive brakes and clutches market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automotive brakes and clutches market.
•Industry Challenges: Identify potential risks and obstacles affecting the automotive brakes and clutches market.
•Competitive Landscape: Review strategic developments in the automotive brakes and clutches market, including expansions, agreements, and new product launches.
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