# Automotive Brake Components Aftermarket Market > Automotive Brake Components Aftermarket Market Size, Share & Growth Analysis Report By Product Type (Disc Brakes and Drum Brakes), By Vehicle (Passenger Vehicles, Light Commercial Vehicles, and Heavy Commercial Vehicles), By Sales Channel (OEM and Aftermarket), and By Region (North America, Europe, Asia-Pacific, and Rest Of The World) - Industry Outlook & Forecast to 2035 - **Forecast Period:** 2025 - 2035 - **CAGR:** 4.5% - **2024:** $ 53.61 Billion - **2025:** $ 56.02 Billion - **2035:** $ 87.02 Billion - **Key Players:** Brembo (IT), Bosch (DE), Akebono Brake Industry (JP), TRW Automotive (US), Aisin Seiki (JP), Continental (DE), Federal-Mogul (US), Hella (DE), TMD Friction (DE), Nisshinbo Brake (JP) **Report ID:** MRFR/AT/10209-HCR · **Pages:** 128 · **Author:** Shubham Munde & Sejal Akre · **Last Updated:** July 23, 2026 **URL:** https://www.marketresearchfuture.com/reports/automotive-brake-components-aftermarket-market-11729 --- ## Market Summary ## **Automotive Brake Components Aftermarket Market Overview** Automotive Brake Components Aftermarket Market Size was valued at USD 49.1 Billion in 2022. The Global Automotive Brake Components Aftermarket market industry is projected to grow from USD 51.3 Billion in 2023 to USD 73.0 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.50% during the forecast period (2023 - 2032). Adoption of luxury vehicles, the enforcement of stringent safety regulations, and a rise in the use of disc brakes in commercial vehicles, are the key market drivers enhancing the market growth. Source: Secondary Research, Primary Research, _Market Research Future_ Database and Analyst Review ## **Automotive Brake Components Aftermarket Market Trends** To make driving cars more enjoyable and safe, automakers are continually developing new features. Companies offer electronic stability control (ESC) and anti-lock braking systems that work together to avoid skidding and keep vehicles under control. As a result, improvements in vehicle safety technology may spur the market for automobile brake systems to expand. Players regularly create anti-lock braking systems, electronic stability control, brake-by-wire, and anti-collision gadgets to make safer and better cars. For instance, Brembo launched ENESYS ENERGY SAVING SYSTEM for Light Commercial Vehicles (LCVs) in the Aftermarket category in September 2022. It is asserted that this new technology will reduce brake disc and pad wear and tear. The first new structure brake caliper was introduced in the globe by Akebono Brake Industry Co. Ltd in Japan in May 2022. For Toyota Vellfire and Alphard luxury vans, the new brake caliper will be offered at GR Garage Urawa Misono, the company's official dealership. Many major companies and automakers are leaning toward integrating high-quality brake systems in their vehicles because brakes have become an essential component of any vehicle to ensure safety when the demand for speed is increasing steadily. As a result, OEMs for [automotive braking systems](../../../reports/automotive-braking-system-market-4166) have contracts in place to supply brake systems to automakers. For instance, Brembo was named the primary supplier of the entire brake caliper assembly for Faraday Future Intelligent Electric Inc.'s ultra-high-tech, opulent FF 91 EV in April 2022. For the FF 91, Brembo will supply a unique caliper assembly. This contains the electronic parking brake as well as the assembly, pistons, calipers, and pads. Following the aforementioned developments and incidents, rising R&D activities are anticipated to worsen the demand for automotive brake systems over the course of the forecast period. Thus, driving the Automotive Brake Components Aftermarket market revenue. ## **Automotive Brake Components Aftermarket Market Segment Insights** ### **Automotive Brake Components Aftermarket Product Type Insights** The Automotive Brake Components Aftermarket Market segmentation, based on Product Type, includes [disc brakes](../../../reports/automotive-disc-brake-market-3954) and drum brakes. The disc brake category share was the greatest in 2022, and it is predicted that it would grow at a significant CAGR over the course of the forecast period. Disc brakes have seen a significant increase in use recently. The ability of disc brakes to operate in bad weather without overheating or fading is credited with their expansion. The disc brake market is growing even faster thanks to its connectivity with other cutting-edge systems. ### **Automotive Brake Components Aftermarket Vehicle Insights** The Automotive Brake Components Aftermarket Market segmentation, based on Vehicle, includes passenger vehicles, light commercial vehicles, and heavy commercial vehicles. The passenger vehicles segment, which accounted for the largest market share in 2022, is anticipated to grow at a strong CAGR throughout the projected period. Because of rising populations, more disposable income, and urbanization, the number of passenger cars is rising. ### **Automotive Brake Components Aftermarket Sales Channel Insights** The Automotive Brake Components Aftermarket Market segmentation, based on Sales Channel, includes OEM and aftermarket. In 2022, the OEM segment dominated the market, and it is anticipated that it would continue to dominate during the forecast period. OEMs are spending money on research and development in an effort to create cutting-edge brake components. Sales are anticipated to stay high as OEMs keep putting a priority on providing effective automotive brake components with high-durability designs, which in turn fuels market demand for these components. ## **Figure 1: Automotive Brake Components Aftermarket Market, by Sales Channel, 2022 & 2032 (USD Billion)** Source: Secondary Research, Primary Research, _Market Research Future_ Database and Analyst Review ## **Automotive Brake Components Aftermarket Regional Insights** By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia Pacific Automotive Brake Components Aftermarket market dominated this market in 2022. This is because businesses in the area offer significant cost reductions due to the accessibility of cheap labor and raw supplies. Additionally, the center of the automotive manufacturing industry is located in nations like China and India, among others. The market is anticipated to develop as a result of the increased popularity of automotive brake systems and an increase in sales of luxury and premium vehicles. Additionally, the rise in automobile ownership and the rising accident rate both contribute to the market's expansion. Moreover, China’s Automotive Brake Components Aftermarket market held the largest market share, and the Indian Automotive Brake Components Aftermarket market was the fastest growing market in the Asia-Pacific region. Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil. ## **Figure 2: Automotive Brake Components Aftermarket Market Share By Region 2022 (Usd Billion)** Source: Secondary Research, Primary Research, _Market Research Future_ Database and Analyst Review Europe Automotive Brake Components Aftermarket market accounted for the healthy market share in 2022. This is explained by the rising acceptance of active braking systems, which has increased demand for luxury and high-end vehicles. Further, the German Automotive Brake Components Aftermarket market held the largest market share, and the UK Automotive Brake Components Aftermarket market was the fastest growing market in the European region  The North America Automotive Brake Components Aftermarket Market is expected to register significant growth from 2023 to 2032. The market in this area has grown as a result of rising consumer demand for vehicles that perform better in bad weather, the presence of major automakers, and an increase in the production of both passenger cars and light commercial vehicles. Additionally, the mandated installation of ESC technology in all light cars starting in 2018 has fueled the expansion of the regional market. Further, the U.S. Automotive Brake Components Aftermarket market held the largest market share, and the Canada Automotive Brake Components Aftermarket market was the fastest growing market in the North America region. ## **Automotive Brake Components Aftermarket Key Market Players & Competitive Insights** Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Automotive Brake Components Aftermarket market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Automotive Brake Components Aftermarket industry must offer cost-effective items. Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Automotive Brake Components Aftermarket industry to benefit clients and increase the market sector. In recent years, the Automotive Brake Components Aftermarket industry has offered some of the most significant advantages to medicine. Major players in the Automotive Brake Components Aftermarket market, including Hyundai Motor Co., Meritor Inc., Nisshinbo Holdings Inc., Robert Bosch GmbH, Disc, Brakes Australia Pty. Ltd., Carlisle Companies Inc., Continental AG, Baer Inc., BorgWarner Inc., Brembo SpA, First Brands Group, Freeman Automotive UK Ltd., Haldex AB, and Akebono Brake Industry Co., are attempting to increase market demand by investing in research and development operations. Environmental and Energy Company Nisshinbo Holdings Inc. (Nisshinbo) creates, produces, and distributes a variety of goods. It sells electronic components, brake friction materials, brake parts, tissue, printing paper, processed paper goods, machine tools, and environmental goods. It also sells wireless communication equipment and electronic parts. Nisshinbo Holdings Inc. announced in March 2022 that it would create a joint venture firm in Gurgaon, Haryana, India, with Continental AG (Continental). The newly founded business will manufacture and market valve blocks, which are essential to electronic brake systems (EBS). Hyundai Motor Co. is a manufacturer of automobiles. The business creates, develops, produces, and distributes automobiles, including chassis, engines, and parts, as well as cars, lorries, buses, SUVs, MPVs, and hydrogen-powered vehicles. Hyundai also offers services for processing credit cards and financing vehicles. Hyundai sells its goods under a number of different brand names, including Veloster, Venue, Azera, i40, Elantra, Tucson, Accent, Kona, Creta, Sonata, i20, and ix20. The business works to create cutting-edge technologies like Advanced Air Mobility (AAM) and robotics. It operates in Europe, Asia Pacific, North and South America, and other continents. The business has production sites in the US, Brazil, Russia, China, Korea, Turkey, India, and the Czech Republic. The headquarters of Hyundai are in Seoul, South Korea. Hyundai declared in 2022 that it would soon add ADAS safety features to its top-of-the-line Creta model in order to stay competitive. ### **Key Companies in the Automotive Brake Components Aftermarket market include** ### Automotive Brake Components Aftermarket Market Developments - **Q2 2024: Brembo launches new Greenance Kit for the automotive aftermarket** Brembo announced the launch of its new Greenance Kit, a line of environmentally friendly brake components designed for the automotive aftermarket, aiming to reduce emissions and improve sustainability in replacement parts. - **Q2 2024: Continental Expands Aftermarket Portfolio with New ATE Ceramic Brake Pads** Continental introduced a new range of ATE Ceramic Brake Pads for the aftermarket, targeting reduced brake dust and improved performance for passenger vehicles. - **Q2 2024: ZF Aftermarket Opens New Distribution Center in Poland** ZF Aftermarket opened a new distribution center in Poland to enhance logistics and supply chain efficiency for its brake components and other automotive parts across Europe. - **Q3 2024: Valeo Launches Next-Generation Brake Pads for Electric Vehicles in Aftermarket** Valeo announced the launch of its next-generation brake pads specifically designed for electric vehicles, expanding its aftermarket product range to address the growing EV segment. - **Q3 2024: Akebono Announces Strategic Partnership with NAPA Auto Parts for North American Aftermarket** Akebono Brake Industry entered into a strategic partnership with NAPA Auto Parts to distribute its aftermarket brake components throughout North America. - **Q3 2024: First Brands Group Expands Raybestos Brake Product Line with New SKUs** First Brands Group announced the addition of new SKUs to its Raybestos brake product line, increasing coverage for late-model vehicles in the North American aftermarket. - **Q4 2024: BorgWarner Completes Acquisition of Aftermarket Brake Components Manufacturer Eldor** BorgWarner completed the acquisition of Eldor, an Italian manufacturer of aftermarket brake components, to strengthen its product portfolio and European market presence. - **Q4 2024: AISIN Launches Advanced Brake Caliper Series for Aftermarket** AISIN introduced a new series of advanced brake calipers for the global aftermarket, featuring improved corrosion resistance and lighter weight for enhanced performance. - **Q1 2025: Bosch Unveils Regenerative Brake Components for Hybrid and Electric Aftermarket** Bosch launched a new line of regenerative brake components tailored for hybrid and electric vehicles in the aftermarket, supporting the transition to electrified mobility. - **Q1 2025: Tenneco Expands Monroe Brakes Portfolio with New Copper-Free Pads** Tenneco announced the expansion of its Monroe Brakes portfolio with the introduction of copper-free brake pads, aligning with upcoming environmental regulations. - **Q2 2025: Hyundai Mobis Opens New Aftermarket Parts Distribution Center in Texas** Hyundai Mobis opened a new distribution center in Texas to improve delivery times and support the growing demand for its aftermarket brake components in North America. - **Q2 2025: Carlisle Companies Announces $50 Million Investment in Brake Components Manufacturing Facility** Carlisle Companies announced a $50 million investment to build a new manufacturing facility dedicated to producing aftermarket brake components in the United States. ## **Automotive Brake Components Aftermarket Market Segmentation** ### **Automotive Brake Components Aftermarket Product Type Outlook** ### **Automotive Brake Components Aftermarket Vehicle Outlook** ### **Automotive Brake Components Aftermarket Sales Channel Outlook** ### **Automotive Brake Components Aftermarket Regional Outlook** North America Europe Asia-Pacific Rest of the World ## Market Drivers ### Increasing Vehicle Age The average age of vehicles on the road continues to rise, which appears to be a significant driver for the Automotive Brake Components Aftermarket. As vehicles age, the likelihood of brake component wear and failure increases, necessitating replacement parts. Data indicates that the average age of light vehicles has reached approximately 12 years, leading to a growing demand for aftermarket brake components. This trend suggests that consumers are more inclined to maintain older vehicles rather than purchase new ones, thereby boosting the aftermarket sector. Additionally, older vehicles often require more frequent maintenance, which further propels the need for reliable brake components. Consequently, this trend may lead to increased sales for manufacturers and suppliers within the Automotive Brake Components Aftermarket Industry. ### Rising Safety Standards The implementation of stringent safety regulations and standards is likely to influence the Automotive Brake Components Aftermarket. positively. Governments and regulatory bodies are increasingly mandating higher safety requirements for vehicles, which includes the performance of braking systems. As a result, vehicle manufacturers are compelled to enhance the quality of brake components, leading to a corresponding rise in demand for aftermarket parts that meet these elevated standards. For instance, the introduction of [advanced driver-assistance systems (ADAS)](https://www.marketresearchfuture.com/reports/advanced-driver-assistance-systems-market-4434) necessitates compatible brake components, thereby expanding the aftermarket opportunities. This trend indicates that as safety standards evolve, the Automotive Brake Components Aftermarket Industry may experience growth driven by the need for compliant and high-performance brake solutions. ### Technological Innovations Technological advancements in automotive braking systems are reshaping the landscape of the Automotive Brake Components Aftermarket. Innovations such as electronic braking systems and regenerative braking technology are becoming more prevalent, which may lead to a shift in the types of components required. As vehicles become more sophisticated, the demand for specialized aftermarket brake components that can integrate with these new technologies is likely to increase. Furthermore, the rise of electric and hybrid vehicles introduces unique braking requirements, creating new market opportunities for suppliers. This evolution suggests that companies within the Automotive Brake Components Aftermarket Industry must adapt to these technological changes to remain competitive and meet the evolving needs of consumers. ### Growing E-commerce Platforms The expansion of e-commerce platforms is transforming the way consumers purchase automotive parts, including brake components. The Automotive Brake Components Aftermarket. is witnessing a shift towards online sales channels, which offer convenience and accessibility for consumers. Data shows that online sales of automotive parts have surged, with a significant percentage of consumers preferring to shop online for replacement parts. This trend indicates that businesses must enhance their online presence and optimize their supply chains to cater to this growing demand. Additionally, e-commerce allows for competitive pricing and wider product selections, which may further stimulate sales within the Automotive Brake Components Aftermarket Industry. As more consumers turn to online platforms, the industry is likely to see a shift in purchasing behaviors and market dynamics. ### Increased Awareness of Vehicle Maintenance There is a growing awareness among consumers regarding the importance of regular vehicle maintenance, which appears to be a key driver for the Automotive Brake Components Aftermarket. Educational campaigns and information dissemination about vehicle safety and performance have led to a more informed consumer base. As individuals recognize the critical role of brake components in vehicle safety, they are more likely to invest in quality aftermarket parts. This trend is supported by data indicating that consumers are increasingly prioritizing maintenance over new vehicle purchases. Consequently, this heightened awareness may lead to increased demand for reliable and high-quality brake components, thereby benefiting the Automotive Brake Components Aftermarket Industry. ## Future Outlook The Automotive Brake Components Aftermarket is projected to grow at a 4.5% CAGR from 2025 to 2035, driven by increasing vehicle production, technological advancements, and rising safety standards. **New opportunities:** - Expansion into electric vehicle brake systems Development of advanced friction materials for performance enhancement Implementation of predictive maintenance solutions for fleet operators By 2035, the market is expected to be robust, driven by innovation and evolving consumer demands. ## Segment Insights ### By Product Type: Disc Brakes (Largest) vs. Drum Brakes (Fastest-Growing) In the Automotive Brake Components Aftermarket, the segment distribution illustrates that disc brakes hold a dominant market share, favored for their superior performance and braking efficiency. Conversely, drum brakes have carved out a significant position, appealing particularly to cost-conscious consumers in the aftermarket, which contributes to a varied market landscape. As vehicle technologies evolve, the preference for disc brakes is expected to maintain its prominence amidst competitive pressures. Braking Systems: Disc Brakes (Dominant) vs. Drum Brakes (Emerging) Disc brakes are recognized for their robust stopping capability and heat dissipation, making them the preferred choice for high-performance vehicles and most modern automobiles, thus establishing them as the dominant force in the aftermarket. Alternatively, drum brakes, although traditionally seen as less advanced, are witnessing a resurgence in certain vehicle segments due to their lightweight design and lower manufacturing costs, rendering them an emerging option for budget-oriented buyers. Their installation in older vehicle models presents a consistent demand, indicating an evolving market dynamic. ### By Vehicle: Passenger Vehicles (Largest) vs. Heavy Commercial Vehicles (Fastest-Growing) In the Automotive Brake Components Aftermarket Market, the Passenger Vehicles segment currently holds the largest market share, dominating the landscape with its extensive reach across various demographics. This segment benefits from a robust sales volume driven by a high number of registered vehicles, thus necessitating consistent aftermarket support for brake components. In contrast, Heavy Commercial Vehicles, although smaller in market share, show significant potential for growth due to rising demand in [logistics](https://www.marketresearchfuture.com/reports/logistics-market-5076) and transportation sectors. Passenger Vehicles: Dominant vs. Heavy Commercial Vehicles: Emerging Passenger Vehicles are characterized by their substantial presence in the Automotive Brake Components Aftermarket, serving a broad consumer base ranging from individual buyers to large fleet operators. The steady demand for replacement parts due to wear and tear ensures a stable aftermarket. Meanwhile, Heavy Commercial Vehicles, while classified as an emerging segment, are witnessing accelerated growth driven by an increase in industrial activity and the need for reliable logistics solutions. This shift motivates manufacturers to innovate and adapt their brake technology, positioning them favorably for future market dynamics. ### By Sales Channel: OEM (Largest) vs. Aftermarket (Fastest-Growing) The sales channel distribution in the Automotive Brake Components Aftermarket Industry reveals that the OEM segment holds the largest market share. This segment benefits from the established relationships manufacturers have with auto manufacturers and repair shops, facilitating consistent demand for original equipment parts. Furthermore, the OEM components are often viewed as a benchmark for quality, leading many consumers to prefer them for their vehicles, which gives them a significant edge over alternatives. In contrast, the Aftermarket segment is the fastest-growing, driven by increasing consumer preference for cost-effective solutions and a booming DIY culture. As more consumers seek to perform their own maintenance or modifications, the demand for aftermarket parts has surged. Additionally, innovative technologies and materials are being used in aftermarket components, enhancing performance and safety, which in turn attracts a wider audience to this segment. Sales Channel: OEM (Dominant) vs. Aftermarket (Emerging) The OEM sales channel in the Automotive Brake Components Aftermarket Sector is characterized by robust relationships between manufacturers and automotive producers, which fosters a reliable supply of components tailored specifically for new vehicles. These parts are recognized for their high quality and strict adherence to safety standards, making them the preferred choice for many vehicle owners seeking reliability. Conversely, the Aftermarket segment is emerging rapidly, offering consumers a diverse array of products often at lower prices than OEM offerings. Aftermarket components appeal to budget-conscious consumers and automotive enthusiasts looking for performance upgrades. This segment is innovating through advanced materials and designs, targeting various customer needs and preferences, which positions it well for continued growth. ## Regional Market Share Analysis By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia Pacific Automotive Brake Components Aftermarket dominated this market in 2022. This is because businesses in the area offer significant cost reductions due to the accessibility of cheap labor and raw supplies. Additionally, the center of the automotive manufacturing industry is located in nations like China and India, among others. The market is anticipated to develop as a result of the increased popularity of automotive brake systems and an increase in sales of luxury and premium vehicles. Additionally, the rise in automobile ownership and the rising accident rate both contribute to the market's expansion. Moreover, China’s Automotive Brake Components Aftermarket held the largest market share, and the Indian Automotive Brake Components Aftermarket was the fastest growing market in the Asia-Pacific region. Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil. ## **Figure 2: Automotive Brake Components Aftermarket Market Share By Region 2022 (Usd Billion)** Europe Automotive Brake Components Aftermarket accounted for the healthy market share in 2022. This is explained by the rising acceptance of active braking systems, which has increased demand for luxury and high-end vehicles. Further, the German Automotive Brake Components Aftermarket held the largest market share, and the UK Automotive Brake Components Aftermarket was the fastest growing market in the European region  The [North America Automotive](https://www.marketresearchfuture.com/reports/north-america-automotive-market-21670) Brake Components Aftermarket is expected to register significant growth from 2023 to 2032. The market in this area has grown as a result of rising consumer demand for vehicles that perform better in bad weather, the presence of major automakers, and an increase in the production of both passenger cars and light commercial vehicles. Additionally, the mandated installation of ESC technology in all light cars starting in 2018 has fueled the expansion of the regional market. Further, the U.S. Automotive Brake Components Aftermarket held the largest market share, and the Canada Automotive Brake Components Aftermarket Market was the fastest growing market in the North America region. ## Competitive Benchmarking Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Automotive Brake Components Aftermarket Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Automotive Brake Components Aftermarket industry must offer cost-effective items. Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Automotive Brake Components Aftermarket industry to benefit clients and increase the market sector. In recent years, the Automotive Brake Components Aftermarket industry has offered some of the most significant advantages to medicine. Major players in the Automotive Brake Components Aftermarket, including Hyundai Motor Co., Meritor Inc., Nisshinbo Holdings Inc., Robert Bosch GmbH, Disc, Brakes Australia Pty. Ltd., Carlisle Companies Inc., Continental AG, Baer Inc., BorgWarner Inc., Brembo SpA, First Brands Group, Freeman Automotive UK Ltd., Haldex AB, and Akebono Brake Industry Co., are attempting to increase market demand by investing in research and development operations. Environmental and Energy Company [Nisshinbo Holdings Inc. (Nisshinbo)](https://www.nisshinbo-brake.co.jp/english/index.html) creates, produces, and distributes a variety of goods. It sells electronic components, brake friction materials, brake parts, tissue, printing paper, processed paper goods, machine tools, and environmental goods. It also sells wireless communication equipment and electronic parts. Nisshinbo Holdings Inc. announced in March 2022 that it would create a joint venture firm in Gurgaon, Haryana, India, with Continental AG (Continental). The newly founded business will manufacture and market valve blocks, which are essential to electronic brake systems (EBS). [Hyundai Motor Co](https://www.hyundaimotorgroup.com/en/story/CONT0000000000082263). is a manufacturer of automobiles. The business creates, develops, produces, and distributes automobiles, including chassis, engines, and parts, as well as cars, lorries, buses, SUVs, MPVs, and hydrogen-powered vehicles. Hyundai also offers services for processing credit cards and financing vehicles. Hyundai sells its goods under a number of different brand names, including Veloster, Venue, Azera, i40, Elantra, Tucson, Accent, Kona, Creta, Sonata, i20, and ix20. The business works to create cutting-edge technologies like Advanced Air Mobility (AAM) and robotics. It operates in Europe, Asia Pacific, North and South America, and other continents. The business has production sites in the US, Brazil, Russia, China, Korea, Turkey, India, and the Czech Republic. The headquarters of Hyundai are in Seoul, South Korea. Hyundai declared in 2022 that it would soon add ADAS safety features to its top-of-the-line Creta model in order to stay competitive. **In September 2024**, ZF Aftermarket expanded its TRW [brake pad](https://www.marketresearchfuture.com/reports/brake-pad-market-23226) coverage to 90% of the Indian vehicle market, improving availability for passenger and [commercial vehicles](https://www.marketresearchfuture.com/reports/commercial-vehicle-market-34525). The expansion supports safer braking performance across a wide range of models. It solidifies ZF’s dominance in India’s braking components segment. **Recently**, Uno Minda expanded its aftermarket portfolio with a new series of high-performance brake pads, engineered for improved durability and consistent braking across Indian driving conditions. The range broadens the company’s product coverage in the passenger vehicle segment. ## Recent News & Developments - **Q2 2024: Brembo launches new Greenance Kit for the automotive aftermarket** Brembo announced the launch of its new Greenance Kit, a line of environmentally friendly brake components designed for the automotive aftermarket, aiming to reduce emissions and improve sustainability in replacement parts. - **Q2 2024: Continental Expands Aftermarket Portfolio with New ATE Ceramic Brake Pads** Continental introduced a new range of ATE Ceramic Brake Pads for the aftermarket, targeting reduced brake dust and improved performance for passenger vehicles. - **Q2 2024: ZF Aftermarket Opens New Distribution Center in Poland** ZF Aftermarket opened a new distribution center in Poland to enhance logistics and supply chain efficiency for its brake components and other automotive parts across Europe. - **Q3 2024: Valeo Launches Next-Generation Brake Pads for Electric Vehicles in Aftermarket** Valeo announced the launch of its next-generation brake pads specifically designed for electric vehicles, expanding its aftermarket product range to address the growing EV segment. - **Q3 2024: Akebono Announces Strategic Partnership with NAPA Auto Parts for North American Aftermarket** Akebono Brake Industry entered into a strategic partnership with NAPA Auto Parts to distribute its aftermarket brake components throughout North America. - **Q3 2024: First Brands Group Expands Raybestos Brake Product Line with New SKUs** First Brands Group announced the addition of new SKUs to its Raybestos brake product line, increasing coverage for late-model vehicles in the North American aftermarket. - **Q4 2024: BorgWarner Completes Acquisition of Aftermarket Brake Components Manufacturer Eldor** BorgWarner completed the acquisition of Eldor, an Italian manufacturer of aftermarket brake components, to strengthen its product portfolio and European market presence. - **Q4 2024: AISIN Launches Advanced Brake Caliper Series for Aftermarket** AISIN introduced a new series of advanced brake calipers for the global aftermarket, featuring improved corrosion resistance and lighter weight for enhanced performance. - **Q1 2025: Bosch Unveils Regenerative Brake Components for Hybrid and Electric Aftermarket** Bosch launched a new line of regenerative brake components tailored for hybrid and electric vehicles in the aftermarket, supporting the transition to electrified mobility. - **Q1 2025: Tenneco Expands Monroe Brakes Portfolio with New Copper-Free Pads** Tenneco announced the expansion of its Monroe Brakes portfolio with the introduction of copper-free brake pads, aligning with upcoming environmental regulations. - **Q2 2025: Hyundai Mobis Opens New Aftermarket Parts Distribution Center in Texas** Hyundai Mobis opened a new distribution center in Texas to improve delivery times and support the growing demand for its aftermarket brake components in North America. - **Q2 2025: Carlisle Companies Announces $50 Million Investment in Brake Components Manufacturing Facility** Carlisle Companies announced a $50 million investment to build a new manufacturing facility dedicated to producing aftermarket brake components in the United States. ## Report Scope | MARKET SIZE 2024 | 53.61(USD Billion) | | --- | --- | | MARKET SIZE 2025 | 56.02(USD Billion) | | MARKET SIZE 2035 | 87.02(USD Billion) | | COMPOUND ANNUAL GROWTH RATE (CAGR) | 4.5% (2025 - 2035) | | REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends | | BASE YEAR | 2024 | | Market Forecast Period | 2025 - 2035 | | Historical Data | 2019 - 2024 | | Market Forecast Units | USD Billion | | Key Companies Profiled | Brembo (IT), Bosch (DE), Akebono Brake Industry (JP), TRW Automotive (US), Aisin Seiki (JP), Continental (DE), Federal-Mogul (US), Hella (DE), TMD Friction (DE), Nisshinbo Brake (JP) | | Segments Covered | Product Type, Vehicle, Sales Channel, Region | | Key Market Opportunities | Integration of advanced materials and smart technologies in Automotive Brake Components Aftermarket enhances performance and safety. | | Key Market Dynamics | Rising demand for advanced braking systems drives innovation and competition in the Automotive Brake Components Aftermarket. | | Countries Covered | North America, Europe, APAC, South America, MEA | ## Frequently Asked Questions **Q: What is the projected market valuation of the Automotive Brake Components Aftermarket by 2035?** A: The projected market valuation for the Automotive Brake Components Aftermarket is 87.02 USD Billion by 2035. **Q: What was the market valuation of the Automotive Brake Components Aftermarket in 2024?** A: The overall market valuation of the Automotive Brake Components Aftermarket was 53.61 USD Billion in 2024. **Q: What is the expected CAGR for the Automotive Brake Components Aftermarket from 2025 to 2035?** A: The expected CAGR for the Automotive Brake Components Aftermarket during the forecast period 2025 - 2035 is 4.5%. **Q: Which product type segment had the highest valuation in the Automotive Brake Components Aftermarket?** A: The Drum Brakes segment had a valuation of 47.02 USD Billion, making it the highest in the Automotive Brake Components Aftermarket. **Q: How do the sales channels of OEM and Aftermarket compare in terms of valuation?** A: In 2024, the OEM sales channel was valued at 21.44 USD Billion, while the Aftermarket channel was significantly higher at 32.17 USD Billion. **Q: What are the key players in the Automotive Brake Components Aftermarket?** A: Key players in the Automotive Brake Components Aftermarket include Brembo, Bosch, Akebono Brake Industry, and TRW Automotive, among others. **Q: What is the projected valuation for the Passenger Vehicles segment by 2035?** A: The Passenger Vehicles segment is projected to reach a valuation of 32.0 USD Billion by 2035. **Q: What was the valuation of the Heavy Commercial Vehicles segment in 2024?** A: The Heavy Commercial Vehicles segment had a valuation of 18.61 USD Billion in 2024. **Q: How does the valuation of Light Commercial Vehicles compare to that of Heavy Commercial Vehicles in 2024?** A: In 2024, the Light Commercial Vehicles segment was valued at 15.0 USD Billion, which is lower than the Heavy Commercial Vehicles segment at 18.61 USD Billion. **Q: What is the projected growth trend for the Automotive Brake Components Aftermarket?** A: The Automotive Brake Components Aftermarket appears to be on a growth trend, with a projected valuation increase from 53.61 USD Billion in 2024 to 87.02 USD Billion by 2035. --- *This Markdown endpoint is provided for AI systems and LLM crawlers. For the full interactive report visit https://www.marketresearchfuture.com/reports/automotive-brake-components-aftermarket-market-11729*