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Thriving Automotive Industry: Pivotal Factor Influencing Automotive Brakes And Clutches Market Growth in 2025
Automotive Brakes And Clutches Market Size
Automotive Brakes And Clutches Market Size Growth Forecast: What to Expect by 2025?
In recent times, the market size for automotive brakes and clutches has been on a consistent increase. Projected growth indicates a rise from $26.65 billion in 2024 to $27.86 billion in 2025, indicating a compound annual growth rate (CAGR) of 4.6%. Factors contributing to this growth throughout the historical period include early automotive progress, increased mass and speed of vehicles, the implementation of hydraulic brake systems, the demand for better safety features, and the evolution of manufacturing processes in the automotive industry.
How Will the Automotive Brakes And Clutches Market Size Evolve and Grow by 2029?
Over the next few years, a significant expansion is anticipated in the automotive brakes and clutches market, with projections suggesting it will reach $35.45 billion by 2029, growing at a CAGR of 6.2%. The expected progression during the forecasted period is due to factors such as the rise in vehicle electrification, the advent of intelligent braking systems, focus on energy recuperation systems, and ongoing emphasis on safety and autonomous driving. Foreseen trends during this period encompass brake-by-wire systems, the use of regenerative braking technologies, the application of lightweight and high-performance brake materials, integration with advanced driver assistance systems (ADAS), and the emergence of modular and compact clutch designs.
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What Drivers Are Propelling the Growth of Automotive Brakes And Clutches Market Forward?
The growing automotive sector is anticipated to boost the expansion of the automotive brakes and clutches market in the future. This sector is comprised of all businesses associated with the making of vehicles, which encompasses the majority of components such as engines, car bodies, tires, and batteries. With the rise of the automotive industry, the need for automotive brakes and clutches, being indispensable elements of vehicles, will also see a surge. To illustrate, the Automotive Industry, a company based in the UK, reported in April 2024 that there was an increase in UK new vehicle registrations for the 21st successive month, with a marginal increment of 1.0%, taking the total to 134,274 units. Hence, the progressing automotive business is steering the acceleration of the automotive brakes and clutches market.
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Which Emerging Trends Are Transforming the Automotive Brakes And Clutches Market in 2025?
Major businesses in the automotive brakes and clutches market are concentrating their efforts on creating innovative solutions such as automated clutch systems. These developments aim to boost driving enjoyment, augment vehicle capabilities, and minimize fuel usage, responding to the increasing demand for progressive automotive technologies. Automatic clutch systems denote a technology that introduces automation to the clutch's engagement and disengagement process in vehicles, therefore making a manual clutch pedal redundant. For example, in May 2024, the Automated Shift Assistant (ASA), a state-of-the-art automatic clutch system designed for large adventure motorcycles like the foroming R 1300 GS and R 1300 GS Adventure, was unveiled by Bayerische Motoren Werke AG, a luxury vehicle firm based in Germany. The ASA, equipped with electromechanical actuators, automates clutch engagement and gear transformation, offering a more fluid ride with two available operation modes, manual and automatic. In addition to warding off engine stalling and minimizing shift shock, the ASA enhances the riding experience and comes equipped with progressive safety features like Active Cruise Control.
What Are the Key Segments in the Automotive Brakes And Clutches Market?
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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Who Are the Key Players Shaping the Automotive Brakes And Clutches Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth in the Automotive Brakes And Clutches Market?
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
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