Automotive OEM Market Size, Share & Analysis Report, 2023-2032
The global automotive OEM market size was exhibited at USD 47 billion in 2022 and is projected to hit around USD 70.79 billion by 2032, growing at a CAGR of 4.18% during the forecast period 2023 to 2032.
Key Pointers:
Automotive OEM Market Report Scope
|
Report Coverage |
Details |
|
Market Size in 2023 |
USD 48.96 Billion |
|
Market Size by 2032 |
USD 70.79 Billion |
|
Growth Rate From 2023 to 2032 |
CAGR of 4.18% |
|
Base Year |
2022 |
|
Forecast Period |
2023 to 2032 |
|
Segments Covered |
Components, Vehicle Type, Distribution Channel |
|
Market Analysis (Terms Used) |
Value (US$ Million/Billion) or (Volume/Units) |
|
Regional Scope |
North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa |
|
Key Companies Profiled |
Toyota Motor Corporation, Volkswagen AG, Nissan, Honda Motor Co., Magna International Inc., Continental AG, CIE automotive, Siemens, BMW AG, Exide Industries limited, Denso Corp, Robert Bosch, GMbH, Valeo, Aptiv, Ford Motor Company, Mitsubishi Motors Corp. and others. |
Brake friction materials are used to create friction in the tyres to stop or reduce the speed of the vehicle. Drum brakes and disc brakes are two types of brakes that fitted in every vehicle. The brake linings in drum brakes and the brake pads in disc brakes are the main components that create friction between the brakes and the tyres of the vehicle. The automotive brake friction material market is expected to rise in the forecast period owing to the rapid growth in the sales and production of vehicles.
Moreover, urbanization, high demographic rate, improved standard of living, and rise in the disposable income of people are contributing to the surge in demand for automobiles across the world. The commercial vehicles require more brakes as compared to passenger cars. Furthermore, increasing industrialization and its positive impact on the logistics sector is leading to an increase in demand for heavy commercial vehicles. The improvement in the road infrastructure, expansion in the road connectivity, and rise in the prices of fuels are positively impacting the growth of the public transport vehicle market across the globe. Globally, the rising number of road accidents is imposing the government to take stringent actions and implement various safety regulations on automotive manufacturers. This is propelling the growth of the brake friction material market.
Globally, the increasing number of sales and production of automotive is leading to the growth of the brake friction material market. The wear and tear of brake lining and brake pads owed to constant friction are creating demand for the brake friction material. On the contrary, the friction creates enormous heat that causes the loss of mechanical properties of the vehicle’s components. This factor may hamper the growth of brake friction materials.
Geographically, the automotive OEM brakes friction material market is segmented into North America, Europe, Asia Pacific, and the rest of the world. North America holds the largest market share of the global automotive brake friction material market and is expected to increase in the forecast period owing to the high rate of commercial vehicles in this region. Moreover, stringent government norms imposed on the OEMs to manufacture vehicles with advance braking systems. North America is followed by Aisa Pacific in the automotive brake friction material market and is expected to increase rapidly in the forecast period. The rise in the disposable income of people, improved standard of living, and the growth of industrialization are eventually creating a surge in demand for passenger cars in this region. This factor is ultimately impacting the growth of the automotive brake friction material market in this region.
Some of the prominent players in the Automotive OEM Market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Automotive OEM market.
By Components
By Vehicle Type
By Distribution Channel
By Region
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Automotive OEM Market
5.1. COVID-19 Landscape: Automotive OEM Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Automotive OEM Market, By Components
8.1. Automotive OEM Market, by Components, 2023-2032
8.1.1 The powertrain
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. The chassis
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. The electronics and electrical
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4 The external body and the interiors of the car
8.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Automotive OEM Market, By Vehicle Type
9.1. Automotive OEM Market, by Vehicle Type, 2023-2032
9.1.1. Commercial vehicles
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Passenger cars
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Electric cars
9.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Automotive OEM Market, By Distribution Channel
10.1. Automotive OEM Market, by Distribution Channel, 2023-2032
10.1.1. Retailers
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Wholesalers
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Distributors
10.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Automotive OEM Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Components (2020-2032)
11.1.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.1.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Components (2020-2032)
11.1.4.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.1.4.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Components (2020-2032)
11.1.5.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.1.5.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Components (2020-2032)
11.2.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.2.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Components (2020-2032)
11.2.4.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.2.4.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Components (2020-2032)
11.2.5.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.2.5.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Components (2020-2032)
11.2.6.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.2.6.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Components (2020-2032)
11.2.7.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.2.7.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Components (2020-2032)
11.3.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.3.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Components (2020-2032)
11.3.4.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.3.4.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Components (2020-2032)
11.3.5.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.3.5.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Components (2020-2032)
11.3.6.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.3.6.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Components (2020-2032)
11.3.7.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.3.7.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Components (2020-2032)
11.4.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.4.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Components (2020-2032)
11.4.4.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.4.4.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Components (2020-2032)
11.4.5.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.4.5.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Components (2020-2032)
11.4.6.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.4.6.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Components (2020-2032)
11.4.7.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.4.7.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Components (2020-2032)
11.5.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.5.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Components (2020-2032)
11.5.4.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.5.4.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Components (2020-2032)
11.5.5.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
11.5.5.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)
Chapter 12. Company Profiles
12.1. Toyota Motor Corporation.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Volkswagen AG.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Nissan
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Honda Motor Co.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Magna International Inc.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Continental AG.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. CIE automotive.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Siemens
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. BMW AG.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Exide Industries limited.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers