Press release
Brake Pads and Shoes Research:CAGR of 2.50% during the forecast period
The global market for Brake Pads and Shoes was estimated to be worth US$ 9497 million in 2024 and is forecast to a readjusted size of US$ 11030 million by 2031 with a CAGR of 2.3% during the forecast period 2025-2031.
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Brake Pads and Shoes Market Summary
Brake pads and brake shoes are essential components of a vehicle's braking system, designed to create friction that slows down or stops the vehicle when the brake is applied. Both components are vital for safe vehicle operation and require regular inspection and replacement to ensure optimal braking performance.
Brake pads are flat pieces of friction material that are found in disc brake systems. They are attached to a caliper, which squeezes the pads against a rotating disc (or rotor) when the brake is applied. When the brake pedal is pressed, hydraulic pressure causes the caliper to push the brake pads against the rotor. The friction between the pads and rotor generates the force needed to slow down or stop the vehicle. Brake pads are made from various materials, including organic compounds, metallic materials, and ceramic composites. Each type offers different levels of performance, noise control, and wear resistance. Commonly used in modern passenger vehicles, motorcycles, and some heavy-duty vehicles.
Brake shoes are curved components that are part of drum brake systems. They sit inside a drum and are pushed outward against the inner surface of the drum when the brakes are activated. When the brake pedal is pressed, the hydraulic system forces the brake shoes outward against the drum, creating friction to slow down or halt the vehicle. This system is usually found on the rear wheels of many vehicles, though some older models may use drum brakes on all four wheels. Like brake pads, brake shoes are made from various materials, including organic, semi-metallic, and ceramic formulations, with options designed for durability and performance. Often found on older vehicles or as part of the rear braking system in many cars, trucks, and SUVs.
According to the new market research report "Global Brake Pads and Shoes Market Report 2025-2031", published by QYResearch, the global Brake Pads and Shoes market size is projected to grow from USD 9496.94 million in 2024 to USD 11.15 billion by 2031, at a CAGR of 2.50% during the forecast period.
Figure. Global Brake Pads and Shoes Market Size (US$ Million), 2020-2031
Brake Pads and Shoes
Above data is based on report from QYResearch: Global Brake Pads and Shoes Market Report 2025-2031 (published in 2024). If you need the latest data, plaese contact QYResearch.
Figure. Global Brake Pads and Shoes Top 33 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)
Brake Pads and Shoes
Above data is based on report from QYResearch: Global Brake Pads and Shoes Market Report 2025-2031 (published in 2024). If you need the latest data, plaese contact QYResearch.
This report profiles key players of Brake Pads and Shoes such as BOSCH, ZF Aftermarket (TRW), TMD Friction (AEQUITA), ITT Corporation, Tenneco (Federal Mogul).
In 2024, the global top five Brake Pads and Shoes players account for 50.86% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Brake Pads and Shoes.
Figure. Brake Pads and Shoes, Global Market Size, Split by Product Segment
Brake Pads and Shoes
Based on or includes research from QYResearch: Global Brake Pads and Shoes Market Report 2025-2031.
In terms of product type, type one is the largest segment, hold a share of 61%,
In terms of product application, Passenger Cars is the largest application, hold a share of 66%,
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Brake Pads and Shoes market is segmented as below:
By Company
BOSCH
Nisshinbo
Zhuhai Glory Friction Material
ZF Aftermarket (TRW)
Tenneco (Federal Mogul)
MAT Holdings
ITT Corporation
Akebono
Sangsin Brake
Brembo
Hitachi
ADVICS
GM (ACDelco)
BorgWarner (Delphi)
Shandong Gold Phoenix
Continental (ATE)
Fras-le
Brake Parts Inc
Knorr-Bremse AG
Double Link
SAL-FER
ABS Friction
Icer Brakes
FBK
MK Kashiyama
EBC Brakes
TMD Friction (AEQUITA)
Shandong Xinyi Auto Parts Manufacturing
Hangzhou Annaite Industrial Company
ZHEJIANG LAMDA TECHNOLOGY
Weifang Airui Brake System
Shandong Hengyitong AUTO PARTS
Hebei Huahua Friction Material
Segment by Type
Automotive OEM Industry
Automotive Aftermarket Industry
Segment by Application
Passenger Cars
Commercial Vehicles
Each chapter of the report provides detailed information for readers to further understand the Brake Pads and Shoes market:
Chapter 1: Introduces the report scope of the Brake Pads and Shoes report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Brake Pads and Shoes manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Brake Pads and Shoes market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Brake Pads and Shoes in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Brake Pads and Shoes in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Brake Pads and Shoes competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Brake Pads and Shoes comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Brake Pads and Shoes market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global Brake Pads and Shoes Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Global Brake Pads and Shoes Market Research Report 2025
Global Brake Pads and Shoes Market Insights, Forecast to 2031
Global Railway Brake Shoes and Pads Market Research Report 2025
Railway Brake Shoes and Pads - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Railway Brake Shoes and Pads Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Global Railway Brake Shoes and Pads Market Insights, Forecast to 2031
Brake Pads, Rotors & Brake Shoes- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Automotive Brake Pads,Shoes and Linings- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Automotive Brake Pads,Shoes and Linings Market Research Report 2025
Global Automotive Brake Pads, Shoes, and Linings Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Automotive Brake Pads, Shoes, and Linings- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Automotive Brake Pads, Shoes, and Linings Market Research Report 2025
Global Sintered Brake Pads and Brake Shoes for Railway Market Research Report 2025
Global Sintered Brake Pads and Brake Shoes for Railway Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Sintered Brake Pads and Brake Shoes for Railway - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Sintered Brake Pads and Brake Shoes for Railway Market Insights, Forecast to 2031
Brake Pads and Brake Shoes for Commercial Vehicle- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Brake Pads and Brake Shoes for Commercial Vehicle Market Research Report 2025
Brake Pads, Rotors & Brake Shoes - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
About Us:
QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 18 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.
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