Brake Lathe Machine Market Research Report: Information by Type (On-Car Brake Lathe Machine and Off-Car Brake Lathe Machine), by Application (Light-Duty, Medium-Duty and Heavy-Duty), by Vehicle Type (Passenger Car and Commercial Vehicle) and by Region (North America, Europe, Asia-Pacific and the Rest of the World) - Forecast till 2030
ID: MRFR/IA - E/6496-HCR | February 2021 | Region: Global | 100 Pages
Table of Contents
1. Executive Summary
2. Scope of the Report
2.1. Market Definition
2.2. Scope of the Study
2.2.1. Definition
2.2.2. Research Objective
2.2.3. Assumptions
2.2.4. Limitations
2.3. Research Process
2.3.1. Primary Research
2.3.2. Secondary Research
2.4. Market Size Estimation
2.5. Forecast Model
3. Market Landscape
3.1. Porter’s Five Forces Analysis
3.1.1. Threat of New Entrants
3.1.2. Bargaining Power of Buyers
3.1.3. Threat of Substitutes
3.1.4. Segment Rivalry
3.1.5. Bargaining Power of Buyers
3.2. Value Chain/Supply Chain Analysis
4. Market Dynamics
4.1. Introduction
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Market Trends
5. Global Brake Lathe Machine Market, by Type
5.1. Introduction
5.2. On-Car Brake Lathe Machine
5.2.1. Market Estimates & Forecast, 2020-2027
5.2.2. Market Estimates & Forecast by Region, 2020-2027
5.3. Off-Car Brake Lathe Machine
5.3.1. Market Estimates & Forecast, 2020-2027
5.3.2. Market Estimates & Forecast by Region, 2020-2027
6. Global Brake Lathe Machine Market, by Application
6.1. Light Duty Vehicle
6.1.1. Market Estimates & Forecast, 2020-2027
6.1.2. Market Estimates & Forecast by Region, 2020-2027
6.2. Medium Duty Vehicle
6.2.1. Market Estimates & Forecast, 2020-2027
6.2.2. Market Estimates & Forecast by Region, 2020-2027
6.3. Heavy Duty Vehicle
6.3.1. Market Estimates & Forecast, 2020-2027
6.3.2. Market Estimates & Forecast by Region, 2020-2027
7. Global Brake Lathe Machine Market, by Vehicle Type
7.1. Passenger Car
7.1.1. Market Estimates & Forecast, 2020-2027
7.1.2. Market Estimates & Forecast by Region, 2020-2027
7.2. Commercial Vehicle
7.2.1. Market Estimates & Forecast, 2020-2027
7.2.2. Market Estimates & Forecast by Region, 2020-2027
8. Global Brake Lathe Machine Market, by Region
8.1. Introduction
8.2. North America
8.2.1. Market Estimates & Forecast, by Country, 2020-2027
8.2.2. Market Estimates & Forecast, by Type, 2020-2027
8.2.3. Market Estimates & Forecast by Application, 2020-2027
8.2.4. Market Estimates & Forecast by Vehicle Type, 2020-2027
8.2.5. US
8.2.5.1. Market Estimates & Forecast, by Type, 2020-2027
8.2.5.2. Market Estimates & Forecast by Application, 2020-2027
8.2.5.3. Market Estimates & Forecast by Vehicle Type, 2020-2027
8.2.6. Canada
8.2.6.1. Market Estimates & Forecast, by Type, 2020-2027
8.2.6.2. Market Estimates & Forecast by Application, 2020-2027
8.2.6.3. Market Estimates & Forecast by Vehicle Type, 2020-2027
8.2.7. Mexico
8.2.7.1. Market Estimates & Forecast, by Type, 2020-2027
8.2.7.2. Market Estimates & Forecast by Application, 2020-2027
8.2.7.3. Market Estimates & Forecast by Vehicle Type, 2020-2027
8.3. Europe
8.3.1. Market Estimates & Forecast, by Country, 2020-2027
8.3.2. Market Estimates & Forecast, by Type, 2020-2027
8.3.3. Market Estimates & Forecast by Application, 2020-2027
8.3.4. Market Estimates & Forecast by Vehicle Type, 2020-2027
8.3.5. Germany
8.3.5.1. Market Estimates & Forecast, by Type, 2020-2027
8.3.5.2. Market Estimates & Forecast by Application, 2020-2027
8.3.5.3. Market Estimates & Forecast by Vehicle Type, 2020-2027
8.3.6. UK
8.3.6.1. Market Estimates & Forecast, by Type, 2020-2027
8.3.6.2. Market Estimates & Forecast by Application, 2020-2027
8.3.6.3. Market Estimates & Forecast by Vehicle Type, 2020-2027
8.3.7. France
8.3.7.1. Market Estimates & Forecast, by Type, 2020-2027
8.3.7.2. Market Estimates & Forecast by Application, 2020-2027
8.3.7.3. Market Estimates & Forecast by Vehicle Type, 2020-2027
8.3.8. Italy
8.3.8.1. Market Estimates & Forecast, by Type, 2020-2027
8.3.8.2. Market Estimates & Forecast by Application, 2020-2027
8.3.8.3. Market Estimates & Forecast by Vehicle Type, 2020-2027
8.3.9. Rest of Europe
8.3.9.1. Market Estimates & Forecast, by Type, 2020-2027
8.3.9.2. Market Estimates & Forecast by Application, 2020-2027
8.3.9.3. Market Estimates & Forecast by Vehicle Type, 2020-2027
8.4. Asia-Pacific
8.4.1. Market Estimates & Forecast, by Country, 2020-2027
8.4.2. Market Estimates & Forecast, by Type, 2020-2027
8.4.3. Market Estimates & Forecast by Application, 2020-2027
8.4.4. Market Estimates & Forecast by Vehicle Type, 2020-2027
8.4.5. China
8.4.5.1. Market Estimates & Forecast, by Type, 2020-2027
8.4.5.2. Market Estimates & Forecast by Application, 2020-2027
8.4.5.3. Market Estimates & Forecast by Vehicle Type, 2020-2027
8.4.6. Japan
8.4.6.1. Market Estimates & Forecast, by Type, 2020-2027
8.4.6.2. Market Estimates & Forecast by Application, 2020-2027
8.4.6.3. Market Estimates & Forecast by Vehicle Type, 2020-2027
8.4.7. India
8.4.7.1. Market Estimates & Forecast, by Type, 2020-2027
8.4.7.2. Market Estimates & Forecast by Application, 2020-2027
8.4.7.3. Market Estimates & Forecast by Vehicle Type, 2020-2027
8.4.8. Rest of Asia-Pacific
8.4.8.1. Market Estimates & Forecast, by Type, 2020-2027
8.4.8.2. Market Estimates & Forecast by Application, 2020-2027
8.4.8.3. Market Estimates & Forecast by Vehicle Type, 2020-2027
8.5. Rest of the World
8.5.1. Market Estimates & Forecast, by Region, 2020-2027
8.5.2. Market Estimates & Forecast, by Type, 2020-2027
8.5.3. Market Estimates & Forecast by Application, 2020-2027
8.5.4. Market Estimates & Forecast by Vehicle Type, 2020-2027
8.5.5. Middle East & Africa
8.5.5.1. Market Estimates & Forecast, by Type, 2020-2027
8.5.5.2. Market Estimates & Forecast by Application, 2020-2027
8.5.5.3. Market Estimates & Forecast by Vehicle Type, 2020-2027
8.5.6. Latin America
8.5.6.1. Market Estimates & Forecast, by Type, 2020-2027
8.5.6.2. Market Estimates & Forecast by Application, 2020-2027
8.5.6.3. Market Estimates & Forecast by Vehicle Type, 2020-2027
9. Competitive Landscape
10. Company Profile
10.1. Multipro Machines Pvt Ltd
10.1.1. Company Overview
10.1.2. Products/Services Offered
10.1.3. Financial Overview
10.1.4. Key Developments
10.1.5. Key Strategies
10.1.6. SWOT Analysis
10.2. Hunter Engineering Company
10.2.1. Company Overview
10.2.2. Products/Services Offered
10.2.3. Financial Overview
10.2.4. Key Developments
10.2.5. Key Strategies
10.2.6. SWOT Analysis
10.3. BendPak Inc.
10.3.1. Company Overview
10.3.2. Products/Services Offered
10.3.3. Financial Overview
10.3.4. Key Developments
10.3.5. Key Strategies
10.3.6. SWOT Analysis
10.4. Hennessy Industries, Inc.
10.4.1. Company Overview
10.4.2. Products/Services Offered
10.4.3. Financial Overview
10.4.4. Key Developments
10.4.5. Key Strategies
10.4.6. SWOT Analysis
10.5. ACCU−TURN
10.5.1. Company Overview
10.5.2. Products/Services Offered
10.5.3. Financial Overview
10.5.4. Key Developments
10.5.5. Key Strategies
10.5.6. SWOT Analysis
10.6. Atlas Auto Equipment
10.6.1. Company Overview
10.6.2. Products/Services Offered
10.6.3. Financial Overview
10.6.4. Key Developments
10.6.5. Key Strategies
10.6.6. SWOT Analysis
10.7. Sino Star Automotive Equipment Co., Ltd
10.7.1. Company Overview
10.7.2. Products/Services Offered
10.7.3. Financial Overview
10.7.4. Key Developments
10.7.5. Key Strategies
10.7.6. SWOT Analysis
10.8. Pro-Cut International
10.8.1. Company Overview
10.8.2. Products/Services Offered
10.8.3. Financial Overview
10.8.4. Key Developments
10.8.5. Key Strategies
10.8.6. SWOT Analysis
10.9. AUTOPRO-UP Co., Ltd
10.9.1. Company Overview
10.9.2. Products/Services Offered
10.9.3. Financial Overview
10.9.4. Key Developments
10.9.5. Key Strategies
10.9.6. SWOT Analysis
10.10. Rising Sun Tools Co., Ltd
10.10.1. Company Overview
10.10.2. Products/Services Offered
10.10.3. Financial Overview
10.10.4. Key Developments
10.10.5. Key Strategies
10.10.6. SWOT Analysis
 
List of Tables
Table 1 Global Brake Lathe Machine Market, by Region, 2020-2027
Table 2 North America: Brake Lathe Machine Market, by Country, 2020-2027
Table 3 Europe: Brake Lathe Machine Market, by Country, 2020-2027
Table 4 Asia-Pacific: Brake Lathe Machine Market, by Country, 2020-2027
Table 5 RoW: Brake Lathe Machine Market, by Region, 2020-2027
Table 6 Global Brake Lathe Machine Market, by Type, by Regions, 2020-2027
Table 7 North America: Brake Lathe Machine Market, by Type, by Country, 2020-2027
Table 8 Europe: Brake Lathe Machine Market, by Type, by Country, 2020-2027
Table 9 Asia-Pacific: Brake Lathe Machine Market, by Type, by Country, 2020-2027
Table 10 RoW: Brake Lathe Machine Market, by Type, by Country, 2020-2027
Table 11 Global Brake Lathe Machine Market by Application, by Regions, 2020-2027
Table 12 North America: Brake Lathe Machine Market by Application, by Country, 2020-2027
Table 13 Europe: Brake Lathe Machine Market by Application, by Country, 2020-2027
Table 14 Asia-Pacific: Brake Lathe Machine Market by Application, by Country, 2020-2027
Table 15 RoW: Brake Lathe Machine Market by Application, by Country, 2020-2027
Table 16 Global Brake Lathe Machine Market by Vehicle Type, by Regions, 2020-2027
Table 17 North America: Brake Lathe Machine Market by Vehicle Type, by Country, 2020-2027
Table 18 Europe: Brake Lathe Machine Market by Vehicle Type, by Country, 2020-2027
Table 19 Asia-Pacific: Brake Lathe Machine Market by Vehicle Type, by Country, 2020-2027
Table 20 RoW: Brake Lathe Machine Market by Vehicle Type, by Country, 2020-2027
Table 21 Global Brake Lathe Machine Market, by Region, 2020-2027
Table 22 Global Brake Lathe Machine Market, by Type, 2020-2027
Table 23 Global Brake Lathe Machine Market, by Application, 2020-2027
Table 24 Global Brake Lathe Machine Market, by Vehicle Type, 2020-2027
 
List of Figures
FIGURE 1 Research Process of MRFR
FIGURE 2 Top-Down and Bottom-Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter's Five Forces Analysis
FIGURE 7 Value Chain Analysis
FIGURE 8 Global Brake Lathe Machine Market Share, by Type, 2020 (%)
FIGURE 9 Global Brake Lathe Machine Market, by Type, 2020-2027 (USD MILLION)
FIGURE 10 Global Brake Lathe Machine Market Share, by Application, 2020 (%)
FIGURE 11 Global Brake Lathe Machine Market, by Application, 2020-2027 (USD MILLION)
FIGURE 12 Global Brake Lathe Machine Market Share, by Vehicle Type, 2020 (%)
FIGURE 13 Global Brake Lathe Machine Market, by Vehicle Type, 2020-2027 (USD MILLION)
FIGURE 14 Global Brake Lathe Machine Market Share (%), by Region, 2020
FIGURE 15 Global Brake Lathe Machine Market, by Region, 2020-2027 (USD MILLION)
FIGURE 16 North America: Brake Lathe Machine Market Share (%), 2020
FIGURE 17 North America: Brake Lathe Machine Market by Country, 2020-2027 (USD MILLION)
FIGURE 18 Europe: Brake Lathe Machine Market Share (%), 2020
FIGURE 19 Europe: Brake Lathe Machine Market by Country, 2020-2027 (USD MILLION)
FIGURE 20 Asia-Pacific: Brake Lathe Machine Market Share (%), 2020
FIGURE 21 Asia-Pacific: Brake Lathe Machine Market by Country, 2020-2027 (USD MILLION)
FIGURE 22 Rest of the World: Brake Lathe Machine Market Share (%), 2020
FIGURE 23 Rest of the World: Brake Lathe Machine Market by Country, 2020-2027 (USD MILLION)
Brake Lathe Machine Market
Brake Lathe Machine Market is estimated to witness a 3.5% CAGR during the forecast period, 2019–2025
$37.22 Billion
Market Size
3.50%
CAGR
Asia-Pacific
Dominating Region
2019–2025
Forecast Period
Segmentation
Key Players
- Multipro Machines Pvt Ltd (India)
- Hunter Engineering Company (US)
- BendPak Inc. (US)
- Hennessy Industries Inc. (US)
- ACCU−TURN (US)
- Atlas Auto Equipment (US)
- Sino Star Automotive Equipment Co. Ltd (China)
- Pro-Cut International (US)
- AUTOPRO-UP Co. Ltd (South Korea)
- Equipment Solutions a Division of IDSC Holdings Inc.
Drivers
- New product launches and R&D amongst major key players
- Rise in the demand and sales of vehicles
- around the globe
- Increase in the production of vehicles
The brake lathe machine market is estimated to witness a 3.5% CAGR during the forecast period, 2019–2025.
Brake Lathe Machine Market Synopsis:
The massive increase in the demand for modern vehicles such as autonomous vehicles, connected vehicles, and electric vehicles is expected to create opportunities in the global brake lathe machine market owing to the increasing demand for cars. This is expected to influence the demand for brake machines, including brake lathe machines.
Hunter Engineering Company, Hennessy Industries, Inc., Atlas Auto Equipment, and Pro-Cut International are the major brake lathe machine manufacturers. They primarily focus on product development and strategic partnerships with automotive component manufacturers in Europe and Asia-Pacific.
These developments are expected to create lucrative opportunities in the market and further influence the investment opportunities for the manufacturers during the forecast period. However, the high prices of heavy-duty brake lathe machines are expected to hamper the growth of the global brake lathe machine market during the forecast period.
The global brake lathe machine market is segmented based on type, application, vehicle type, and region. Based on type, the global market has been segmented into on-car brake lathe machines and off-car brake lathe machines. The on-car brake lathe machine type segment is expected to dominate the global market in terms of value and volume during the forecast period. Based on application, the global market has been segmented into light-duty, medium-duty, and heavy-duty.
The medium-duty segment is expected to dominate the global market in value and volume during the forecast period. The global brake lathe machine market has been segmented into passenger cars and commercial vehicles based on vehicle type.
Brake Lathe Machine Market Prominent Players
The Prominent Players in the global brake lathe machine market are Multipro Machines Pvt Ltd (India), Hunter Engineering Company (US), BendPak Inc. (US), Hennessy Industries, Inc. (US), ACCU−TURN (US), Atlas Auto Equipment (US), Sino Star Automotive Equipment Co., Ltd (China), Pro-Cut International (US), AUTOPRO-UP Co., Ltd (South Korea), and Equipment Solutions, a Division of IDSC Holdings Inc.
Recent Developments:
March 2020:
With over five decades of manufacturing experience, ATS ELGI has one of the widest and most perfected ranges of Wheel Service Equipment equipped for aligning, balancing, changing, mounting, inflating, bead seating & vehicle fitness testing. These products deliver thorough and accurate results to ensure maximum safety on the road.
Segmentation: Global Brake Lathe Machine Market
The global brake lathe machine market is segmented based on type, application, vehicle type, and region. On the basis of type, the global market has been segmented into on-car brake lathe machine and off-car brake lathe machine. The on-car brake lathe machine type segment is expected to dominate the global market in terms of value and volume during the forecast period. On the basis of application, the global market has been segmented into light duty, medium duty, and heavy duty. The medium duty segment is expected to dominate the global market in terms of both, value and volume during the forecast period. On the basis of vehicle type, the global market has been segmented into passenger car and commercial vehicle. The passenger car segment is expected to dominate the global market in terms of value during the forecast period, owing to increase in demand for passenger vehicles and strict government standards for brake production.
Geographically, the global brake lathe machine market has been segmented into four regions, namely, North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific is expected to hold a significant market share during the forecast period owing to the presence of automotive and electric and electronics industry. This expected to further increase the market share of lathe machines in the region. Furthermore, in Asia-Pacific, India is projected to grow at the highest rate due to the growing government initiatives to promote India as the worlds most preferred hub for manufacturing by 2025. On the other hand, Europe is expected to witness substantial growth owing to stringent government standards for vehicle safety.
A brake lathe machine, also known as a drum brake lathe machine and disc brake lathe machine, is a kind of lathe machine used in industrial applications. Brake lathe machines are used for reducing brake pedal movement. They are quick, strong, and precise machines that are equipped with infinitely adjustable feed rates, which enhance the overall power to deliver a perfect lathe.
The rise in the demand and sales of vehicles, around the globe, are the main factors responsible for the growth of the global brake lathe machine. The increase in the production of vehicles such as international combustion (IC) vehicles and electric vehicles, increases the pressure on the manufacturers to meet the required safety standard. Thus, this expected to increase the production of vehicle brakes and increase the demand for precision in the brake design are further expected to influence the demand for brake lathe machines, globally.
The report for global brake lathe machine market by Market Research Future covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
Intended Audience:
- Brake lathe machine manufacturers
- Brake component manufacturers
- Automotive component manufacturers
- Manufacturers and distributors of raw materials
- State and national regulatory authorities
- Government and industry associations
- State or government owned corporations
- Research organizations
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | 2030: Significant Value |
| CAGR | 3.5% CAGR (2022-2030) |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Historical Data | 2019 & 2020 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Application, and Vehicle Type |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Multipro Machines Pvt Ltd (India), Hunter Engineering Company (US), BendPak Inc. (US), Hennessy Industries, Inc. (US), ACCU−TURN (US), Atlas Auto Equipment (US), Sino Star Automotive Equipment Co., Ltd (China), Pro-Cut International (US), AUTOPRO-UP Co., Ltd (South Korea), and Equipment Solutions, a Division of IDSC Holdings Inc |
| Key Market Opportunities | New product launches and R&D amongst major key players |
| Key Market Drivers |
|
Frequently Asked Questions (FAQ) :
The Prominent Players in the global brake lathe machine market are Multipro Machines Pvt Ltd (India), Hunter Engineering Company (US), BendPak Inc. (US), Hennessy Industries, Inc. (US), ACCU−TURN (US), Atlas Auto Equipment (US), Sino Star Automotive Equipment Co., Ltd (China), Pro-Cut International (US), AUTOPRO-UP Co., Ltd (South Korea), and Equipment Solutions, a Division of IDSC Holdings Inc.
Asia-Pacific is expected to hold a significant market share during the forecast period owing to the presence of automotive and electric and electronics industry.
The vehicle types in the market are passenger car and commercial vehicle. The passenger car segment is expected to dominate the global market in terms of value during the appraisal timeline, owing to an increase in demand for passenger vehicles and strict government standards for brake production.
the global brake lathe machine market is estimated to witness 3.5% CAGR during the forecast period, 2019–2025.
The rise in the demand and sales of vehicles, around the globe, are the main factors responsible for the growth of the global brake lathe machine. The increase in the production of vehicles such as international combustion (IC) vehicles and electric vehicles, increases the pressure on the manufacturers to meet the required safety standard. Thus, this expected to increase the production of vehicle brakes and increase the demand for precision in the brake design are further expected to influence the demand for brake lathe machines, globally.
