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Thriving Automotive Industry: A Key Driver Powering Automotive Brakes And Clutches Market Growth In 2025
Automotive Brakes And Clutches
What Is the Current Automotive Brakes And Clutches Market Size and Its Estimated Growth Rate?
In recent times, the size of the automotive brakes and clutches market has progressively expanded. Projected growth rates indicate an escalation from $26.65 billion in 2024 to $27.86 billion in 2025 with a compound annual growth rate (CAGR) of 4.6%. Several factors have contributed to this growth during the historic period, including advancements in automobile creation, heightened vehicle weight and speed, the acceptance of hydraulic brake systems, a higher demand for enhanced safety features, and the evolution of automotive production methods.
The market of automotive brakes and clutches is projected to experience robust growth in the coming years, reaching a valuation of $35.45 billion in 2029 at a 6.2% compound annual growth rate (CAGR). The forecasted growth can be credited to factors such as vehicle electrification, advancements in smart braking systems, prioritizing energy recovery systems, and an ongoing focus on safety in conjunction with autonomous driving. The major trends to watch for during this forecast period are the adoption of brake-by-wire systems, the implementation of regenerative braking technologies, the utilization of lightweight and high-performance brake materials, the interfacing with advanced driver assistance systems (ADAS), as well as the emergence of modular and compact clutch designs.
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How Are Emerging Segments Shaping the Automotive Brakes And Clutches Market Landscape?
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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Which Growth Factors Are Influencing Automotive Brakes And Clutches Market Expansion?
The robust automobile sector is set to fuel the expansion of the automotive brakes and clutches market in the future. The automobile industry encompasses all business processes related to car manufacturing, which include significant components such as engines, bodywork, tires, and batteries. As the automobile industry grows, so does the need for automotive brakes and clutches, an integral part of any vehicle. To illustrate, in April 2024, the UK-based Automotive Industry reported an increase in new car registrations for the 21st uninterrupted month, witnessing a slight boost of 1.0% that took the total to 134,274 units. Consequently, the burgeoning automobile industry is steering the development of the automotive brakes and clutches market.
Who Are the Dominant Players Across Different Automotive Brakes And Clutches Market Segments?
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
What Are the Latest Developing Trends in the Automotive Brakes And Clutches Market?
Leading firms in the automotive brakes and clutches market are concentrating their energies on the creation of fresh, inventive solutions, including automatic clutch systems, to elevate driving convenience, boost vehicle performance, and cut down on fuel use, thereby addressing the emerging demand for cutting-edge automotive technologies. An automatic clutch system denotes technology that simplifies the process of clutch engagement and disengagement in vehicles, making the clutch pedal unnecessary. For example, in May 2024, Bayerische Motoren Werke AG, a company from Germany specializing in luxury vehicles, introduced Automated Shift Assistant (ASA), a ground-breaking automatic clutch system designed for big adventure motorcycles such as the soon-to-arrive R 1300 GS and R 1300 GS Adventure. This system includes electromechanical actuators that simplify clutch engagement and gear shifting, providing a smoother ride with two functioning modes: manual mode (traditional shifting) and auto mode (effortless gear changes). The ASA improves the riding sensation by mitigating shift shock and avoiding engine stalling, and it merges with progressive safety features like active cruise control.
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Which Geographic Regions Are Expected to Dominate the Automotive Brakes And Clutches Market in the Coming Years?
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
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automotive Brakes And Clutches Market?
2. What is the CAGR expected in the Automotive Brakes And Clutches Market?
3. What Are the Key Innovations Transforming the Automotive Brakes And Clutches Industry?
4. Which Region Is Leading the Automotive Brakes And Clutches Market?
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