April 2025
Senior Research Analyst
Reviewed By
The Asia Pacific automotive brake market is expected to increase from USD 53.21 billion in 2025 to USD 86.37 billion by 2034, growing at a CAGR of 5.53% throughout the forecast period from 2025 to 2034.
The Asia Pacific automotive brake market is a crucial branch of the automotive component industry. This industry deals in manufacturing and distribution of automotive brakes across the APAC region. There are different types of brakes developed in this sector comprising of disc brakes and drum brakes. These brakes are integrated with various technologies consisting of anti-lock brake system (ABS), traction control system (TCS), electronic stability control (ESC), electronic brake-force distribution (EBD) and some others. It is designed for numerous types of vehicles including passenger cars and commercial vehicles. The growing sales of electric vehicles in China has driven the market expansion. This market is predicted to grow significantly with the rise of the automotive sector in this region.
Metric | Details |
Market Size in 2024 | USD 50.42 Billion |
Projected Market Size in 2034 | USD 86.37 Billion |
CAGR (2025 - 2034) | 5.53% |
Leading Country | China |
Market Segmentation | By Type, By Vehicle Type, By Technology and By Region |
Top Key Players | Nisshinbo Holdings, Nissin Kogyo, Akebono Brake Industry, Hitachi Astemo, Mando Corporation |
In March 2023, Sujit S Nayak, the vice-president of Friction and Aftermarket Business at Brakes India made an announcement stating that, “We are unveiling Platinum brake pads with advanced friction technology and expanding our range to cater to the premium segment. In the first phase, it is introduced for select luxury car models and the range will be expanded in the coming months.”
China leads the market in this region. The growing demand for advanced braking systems among the people along with increasing sales of EVs has boosted the market growth in China. India is expected to grow with a significant growth rate due to the presence of various automotive component manufacturers in this country. Japan and South Korea also held notable share of the industry due to the rising demand for passenger vehicles.
The Asia Pacific automotive brake market is a highly fragmented industry with the presence of several dominating players. Some of the prominent companies in this industry consists of Nisshinbo Holdings, Nissin Kogyo, Akebono Brake Industry, Hitachi Astemo, Mando Corporation, and Sundaram Brake Linings Limited and some others. These companies are constantly engaged in developing brakes for the automotive sector and adopting numerous strategies to maintain their dominance in this industry.
By Type
By Vehicle Type
By Technology
By Region
April 2025
April 2025
April 2025
April 2025
Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.
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