Brake Friction Market Report 2031 by Segments, Geography, Dynamics, Recent Developments, and Strategic Insights
Coverage: Brake Friction Market covers analysis By Brake Types (Disc Brake, Drum Brake); Brake Material Type (Metallic, Composite, Ceramic); Component (Brake Shoes, Brake Pads, Brake Liners, Others); Distribution Channel (OEMs, Aftermarket); Vehicle Type (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle) , and Geography (North America, Europe, Asia Pacific, and South and Central America)
- Report Date : Oct 2025
- Report Code : TIPTE100001315
- Category : Automotive and Transportation
- Status : Upcoming
- Available Report Formats :
- No. of Pages : 150
The Brake Friction Market is expected to register a CAGR of XX% from 2025 to 2031, with a market size expanding from US$ XX Million in 2024 to US$ XX Million by 2031.
The report is categorized by Brake Types (Disc Brake, Drum Brake) and further analyzes the market based on Brake Material Type (Metallic, Composite, Ceramic). It also examines the market by Component (Brake Shoes, Brake Pads, Brake Liners) and Industry Distribution Channel (OEMs, Aftermarket).A comprehensive breakdown is provided at global, regional, and country levels for each of these key segments.
The report includes market size and forecasts across all segments, presenting values in USD. It also delivers key statistics on the current market status of leading players, along with insights into prevailing market trends and emerging opportunities.
The report Brake Friction Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Brake Friction Market Segmentation
Brake Types- Disc Brake
- Drum Brake
- Metallic
- Composite
- Ceramic
- Brake Shoes
- Brake Pads
- Brake Liners
- OEMs
- Aftermarket
Strategic Insights
Brake Friction Market Growth Drivers- Innovative Brake Technologies Enhancing Vehicle Safety and Performance
- Rising Demand for Electric Vehicles Boosting Brake Friction Solutions
- Sustainability Trends Driving Eco-Friendly Brake Material Development
- Brake Friction Market Embraces Eco-Friendly Materials for Sustainability
- Smart Brake Systems Integrate AI for Enhanced Vehicle Safety
- Electric Vehicle Demand Drives Innovation in Brake Friction Technologies
- Eco-Friendly Brake Pads: A Sustainable Shift in Friction Solutions
- Smart Brake Systems: Integrating AI for Enhanced Vehicle Safety
- Electric Vehicle Brake Innovations: Meeting the Demand for Efficiency
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Brake Friction Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Brake Friction Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Brake Friction Market - By Brake Types
1.3.2 Brake Friction Market - By Brake Material Type
1.3.3 Brake Friction Market - By Component
1.3.4 Brake Friction Market - By Distribution Channel
1.3.5 Brake Friction Market - By Vehicle Type
1.3.6 Brake Friction Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BRAKE FRICTION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. BRAKE FRICTION MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. BRAKE FRICTION MARKET - GLOBAL MARKET ANALYSIS
6.1. BRAKE FRICTION - GLOBAL MARKET OVERVIEW
6.2. BRAKE FRICTION - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE
7. BRAKE FRICTION MARKET - REVENUE AND FORECASTS TO 2027 - BRAKE TYPES
7.1. OVERVIEW
7.2. BRAKE TYPES MARKET FORECASTS AND ANALYSIS
7.3. DISC BRAKE
7.3.1. Overview
7.3.2. Disc Brake Market Forecast and Analysis
7.4. DRUM BRAKE
7.4.1. Overview
7.4.2. Drum Brake Market Forecast and Analysis
8. BRAKE FRICTION MARKET - REVENUE AND FORECASTS TO 2027 - BRAKE MATERIAL TYPE
8.1. OVERVIEW
8.2. BRAKE MATERIAL TYPE MARKET FORECASTS AND ANALYSIS
8.3. METALLIC
8.3.1. Overview
8.3.2. Metallic Market Forecast and Analysis
8.4. COMPOSITE
8.4.1. Overview
8.4.2. Composite Market Forecast and Analysis
8.5. CERAMIC
8.5.1. Overview
8.5.2. Ceramic Market Forecast and Analysis
9. BRAKE FRICTION MARKET - REVENUE AND FORECASTS TO 2027 - COMPONENT
9.1. OVERVIEW
9.2. COMPONENT MARKET FORECASTS AND ANALYSIS
9.3. BRAKE SHOES
9.3.1. Overview
9.3.2. Brake Shoes Market Forecast and Analysis
9.4. BRAKE PADS
9.4.1. Overview
9.4.2. Brake Pads Market Forecast and Analysis
9.5. BRAKE LINERS
9.5.1. Overview
9.5.2. Brake Liners Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis
10. BRAKE FRICTION MARKET - REVENUE AND FORECASTS TO 2027 - DISTRIBUTION CHANNEL
10.1. OVERVIEW
10.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
10.3. OEMS
10.3.1. Overview
10.3.2. OEMs Market Forecast and Analysis
10.4. AFTERMARKET
10.4.1. Overview
10.4.2. Aftermarket Market Forecast and Analysis
11. BRAKE FRICTION MARKET - REVENUE AND FORECASTS TO 2027 - VEHICLE TYPE
11.1. OVERVIEW
11.2. VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
11.3. PASSENGER CARS
11.3.1. Overview
11.3.2. Passenger Cars Market Forecast and Analysis
11.4. LIGHT COMMERCIAL VEHICLE
11.4.1. Overview
11.4.2. Light Commercial Vehicle Market Forecast and Analysis
11.5. HEAVY COMMERCIAL VEHICLE
11.5.1. Overview
11.5.2. Heavy Commercial Vehicle Market Forecast and Analysis
12. BRAKE FRICTION MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Brake Friction Market Overview
12.1.2 North America Brake Friction Market Forecasts and Analysis
12.1.3 North America Brake Friction Market Forecasts and Analysis - By Brake Types
12.1.4 North America Brake Friction Market Forecasts and Analysis - By Brake Material Type
12.1.5 North America Brake Friction Market Forecasts and Analysis - By Component
12.1.6 North America Brake Friction Market Forecasts and Analysis - By Distribution Channel
12.1.7 North America Brake Friction Market Forecasts and Analysis - By Vehicle Type
12.1.8 North America Brake Friction Market Forecasts and Analysis - By Countries
12.1.8.1 United States Brake Friction Market
12.1.8.1.1 United States Brake Friction Market by Brake Types
12.1.8.1.2 United States Brake Friction Market by Brake Material Type
12.1.8.1.3 United States Brake Friction Market by Component
12.1.8.1.4 United States Brake Friction Market by Distribution Channel
12.1.8.1.5 United States Brake Friction Market by Vehicle Type
12.1.8.2 Canada Brake Friction Market
12.1.8.2.1 Canada Brake Friction Market by Brake Types
12.1.8.2.2 Canada Brake Friction Market by Brake Material Type
12.1.8.2.3 Canada Brake Friction Market by Component
12.1.8.2.4 Canada Brake Friction Market by Distribution Channel
12.1.8.2.5 Canada Brake Friction Market by Vehicle Type
12.1.8.3 Mexico Brake Friction Market
12.1.8.3.1 Mexico Brake Friction Market by Brake Types
12.1.8.3.2 Mexico Brake Friction Market by Brake Material Type
12.1.8.3.3 Mexico Brake Friction Market by Component
12.1.8.3.4 Mexico Brake Friction Market by Distribution Channel
12.1.8.3.5 Mexico Brake Friction Market by Vehicle Type
12.2. EUROPE
12.2.1 Europe Brake Friction Market Overview
12.2.2 Europe Brake Friction Market Forecasts and Analysis
12.2.3 Europe Brake Friction Market Forecasts and Analysis - By Brake Types
12.2.4 Europe Brake Friction Market Forecasts and Analysis - By Brake Material Type
12.2.5 Europe Brake Friction Market Forecasts and Analysis - By Component
12.2.6 Europe Brake Friction Market Forecasts and Analysis - By Distribution Channel
12.2.7 Europe Brake Friction Market Forecasts and Analysis - By Vehicle Type
12.2.8 Europe Brake Friction Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Brake Friction Market
12.2.8.1.1 Germany Brake Friction Market by Brake Types
12.2.8.1.2 Germany Brake Friction Market by Brake Material Type
12.2.8.1.3 Germany Brake Friction Market by Component
12.2.8.1.4 Germany Brake Friction Market by Distribution Channel
12.2.8.1.5 Germany Brake Friction Market by Vehicle Type
12.2.8.2 France Brake Friction Market
12.2.8.2.1 France Brake Friction Market by Brake Types
12.2.8.2.2 France Brake Friction Market by Brake Material Type
12.2.8.2.3 France Brake Friction Market by Component
12.2.8.2.4 France Brake Friction Market by Distribution Channel
12.2.8.2.5 France Brake Friction Market by Vehicle Type
12.2.8.3 Italy Brake Friction Market
12.2.8.3.1 Italy Brake Friction Market by Brake Types
12.2.8.3.2 Italy Brake Friction Market by Brake Material Type
12.2.8.3.3 Italy Brake Friction Market by Component
12.2.8.3.4 Italy Brake Friction Market by Distribution Channel
12.2.8.3.5 Italy Brake Friction Market by Vehicle Type
12.2.8.4 United Kingdom Brake Friction Market
12.2.8.4.1 United Kingdom Brake Friction Market by Brake Types
12.2.8.4.2 United Kingdom Brake Friction Market by Brake Material Type
12.2.8.4.3 United Kingdom Brake Friction Market by Component
12.2.8.4.4 United Kingdom Brake Friction Market by Distribution Channel
12.2.8.4.5 United Kingdom Brake Friction Market by Vehicle Type
12.2.8.5 Russia Brake Friction Market
12.2.8.5.1 Russia Brake Friction Market by Brake Types
12.2.8.5.2 Russia Brake Friction Market by Brake Material Type
12.2.8.5.3 Russia Brake Friction Market by Component
12.2.8.5.4 Russia Brake Friction Market by Distribution Channel
12.2.8.5.5 Russia Brake Friction Market by Vehicle Type
12.2.8.6 Rest of Europe Brake Friction Market
12.2.8.6.1 Rest of Europe Brake Friction Market by Brake Types
12.2.8.6.2 Rest of Europe Brake Friction Market by Brake Material Type
12.2.8.6.3 Rest of Europe Brake Friction Market by Component
12.2.8.6.4 Rest of Europe Brake Friction Market by Distribution Channel
12.2.8.6.5 Rest of Europe Brake Friction Market by Vehicle Type
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Brake Friction Market Overview
12.3.2 Asia-Pacific Brake Friction Market Forecasts and Analysis
12.3.3 Asia-Pacific Brake Friction Market Forecasts and Analysis - By Brake Types
12.3.4 Asia-Pacific Brake Friction Market Forecasts and Analysis - By Brake Material Type
12.3.5 Asia-Pacific Brake Friction Market Forecasts and Analysis - By Component
12.3.6 Asia-Pacific Brake Friction Market Forecasts and Analysis - By Distribution Channel
12.3.7 Asia-Pacific Brake Friction Market Forecasts and Analysis - By Vehicle Type
12.3.8 Asia-Pacific Brake Friction Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Brake Friction Market
12.3.8.1.1 Australia Brake Friction Market by Brake Types
12.3.8.1.2 Australia Brake Friction Market by Brake Material Type
12.3.8.1.3 Australia Brake Friction Market by Component
12.3.8.1.4 Australia Brake Friction Market by Distribution Channel
12.3.8.1.5 Australia Brake Friction Market by Vehicle Type
12.3.8.2 China Brake Friction Market
12.3.8.2.1 China Brake Friction Market by Brake Types
12.3.8.2.2 China Brake Friction Market by Brake Material Type
12.3.8.2.3 China Brake Friction Market by Component
12.3.8.2.4 China Brake Friction Market by Distribution Channel
12.3.8.2.5 China Brake Friction Market by Vehicle Type
12.3.8.3 India Brake Friction Market
12.3.8.3.1 India Brake Friction Market by Brake Types
12.3.8.3.2 India Brake Friction Market by Brake Material Type
12.3.8.3.3 India Brake Friction Market by Component
12.3.8.3.4 India Brake Friction Market by Distribution Channel
12.3.8.3.5 India Brake Friction Market by Vehicle Type
12.3.8.4 Japan Brake Friction Market
12.3.8.4.1 Japan Brake Friction Market by Brake Types
12.3.8.4.2 Japan Brake Friction Market by Brake Material Type
12.3.8.4.3 Japan Brake Friction Market by Component
12.3.8.4.4 Japan Brake Friction Market by Distribution Channel
12.3.8.4.5 Japan Brake Friction Market by Vehicle Type
12.3.8.5 South Korea Brake Friction Market
12.3.8.5.1 South Korea Brake Friction Market by Brake Types
12.3.8.5.2 South Korea Brake Friction Market by Brake Material Type
12.3.8.5.3 South Korea Brake Friction Market by Component
12.3.8.5.4 South Korea Brake Friction Market by Distribution Channel
12.3.8.5.5 South Korea Brake Friction Market by Vehicle Type
12.3.8.6 Rest of Asia-Pacific Brake Friction Market
12.3.8.6.1 Rest of Asia-Pacific Brake Friction Market by Brake Types
12.3.8.6.2 Rest of Asia-Pacific Brake Friction Market by Brake Material Type
12.3.8.6.3 Rest of Asia-Pacific Brake Friction Market by Component
12.3.8.6.4 Rest of Asia-Pacific Brake Friction Market by Distribution Channel
12.3.8.6.5 Rest of Asia-Pacific Brake Friction Market by Vehicle Type
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Brake Friction Market Overview
12.4.2 Middle East and Africa Brake Friction Market Forecasts and Analysis
12.4.3 Middle East and Africa Brake Friction Market Forecasts and Analysis - By Brake Types
12.4.4 Middle East and Africa Brake Friction Market Forecasts and Analysis - By Brake Material Type
12.4.5 Middle East and Africa Brake Friction Market Forecasts and Analysis - By Component
12.4.6 Middle East and Africa Brake Friction Market Forecasts and Analysis - By Distribution Channel
12.4.7 Middle East and Africa Brake Friction Market Forecasts and Analysis - By Vehicle Type
12.4.8 Middle East and Africa Brake Friction Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Brake Friction Market
12.4.8.1.1 South Africa Brake Friction Market by Brake Types
12.4.8.1.2 South Africa Brake Friction Market by Brake Material Type
12.4.8.1.3 South Africa Brake Friction Market by Component
12.4.8.1.4 South Africa Brake Friction Market by Distribution Channel
12.4.8.1.5 South Africa Brake Friction Market by Vehicle Type
12.4.8.2 Saudi Arabia Brake Friction Market
12.4.8.2.1 Saudi Arabia Brake Friction Market by Brake Types
12.4.8.2.2 Saudi Arabia Brake Friction Market by Brake Material Type
12.4.8.2.3 Saudi Arabia Brake Friction Market by Component
12.4.8.2.4 Saudi Arabia Brake Friction Market by Distribution Channel
12.4.8.2.5 Saudi Arabia Brake Friction Market by Vehicle Type
12.4.8.3 U.A.E Brake Friction Market
12.4.8.3.1 U.A.E Brake Friction Market by Brake Types
12.4.8.3.2 U.A.E Brake Friction Market by Brake Material Type
12.4.8.3.3 U.A.E Brake Friction Market by Component
12.4.8.3.4 U.A.E Brake Friction Market by Distribution Channel
12.4.8.3.5 U.A.E Brake Friction Market by Vehicle Type
12.4.8.4 Rest of Middle East and Africa Brake Friction Market
12.4.8.4.1 Rest of Middle East and Africa Brake Friction Market by Brake Types
12.4.8.4.2 Rest of Middle East and Africa Brake Friction Market by Brake Material Type
12.4.8.4.3 Rest of Middle East and Africa Brake Friction Market by Component
12.4.8.4.4 Rest of Middle East and Africa Brake Friction Market by Distribution Channel
12.4.8.4.5 Rest of Middle East and Africa Brake Friction Market by Vehicle Type
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Brake Friction Market Overview
12.5.2 South and Central America Brake Friction Market Forecasts and Analysis
12.5.3 South and Central America Brake Friction Market Forecasts and Analysis - By Brake Types
12.5.4 South and Central America Brake Friction Market Forecasts and Analysis - By Brake Material Type
12.5.5 South and Central America Brake Friction Market Forecasts and Analysis - By Component
12.5.6 South and Central America Brake Friction Market Forecasts and Analysis - By Distribution Channel
12.5.7 South and Central America Brake Friction Market Forecasts and Analysis - By Vehicle Type
12.5.8 South and Central America Brake Friction Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Brake Friction Market
12.5.8.1.1 Brazil Brake Friction Market by Brake Types
12.5.8.1.2 Brazil Brake Friction Market by Brake Material Type
12.5.8.1.3 Brazil Brake Friction Market by Component
12.5.8.1.4 Brazil Brake Friction Market by Distribution Channel
12.5.8.1.5 Brazil Brake Friction Market by Vehicle Type
12.5.8.2 Argentina Brake Friction Market
12.5.8.2.1 Argentina Brake Friction Market by Brake Types
12.5.8.2.2 Argentina Brake Friction Market by Brake Material Type
12.5.8.2.3 Argentina Brake Friction Market by Component
12.5.8.2.4 Argentina Brake Friction Market by Distribution Channel
12.5.8.2.5 Argentina Brake Friction Market by Vehicle Type
12.5.8.3 Rest of South and Central America Brake Friction Market
12.5.8.3.1 Rest of South and Central America Brake Friction Market by Brake Types
12.5.8.3.2 Rest of South and Central America Brake Friction Market by Brake Material Type
12.5.8.3.3 Rest of South and Central America Brake Friction Market by Component
12.5.8.3.4 Rest of South and Central America Brake Friction Market by Distribution Channel
12.5.8.3.5 Rest of South and Central America Brake Friction Market by Vehicle Type
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. BRAKE FRICTION MARKET, KEY COMPANY PROFILES
14.1. AKEBONO BRAKE CORPORATION
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. BOSCH AUTO PARTS (ROBERT BOSCH GMBH)
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. BENDIX SPICER (KNORR-BREMSE AG)
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. CARLISLE BRAKE AND FRICTION
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. DELPHI AUTO PARTS (DELPHI TECHNOLOGIES)
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. ICER BRAKES S.A
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. MESSE FRANKFURT EXHIBITION GMBH
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. MIBA AG
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. NISSHINBO BRAKE INC.
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. PROTEC FRICTION GROUP
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1. Akebono Brake Corporation
2. Bosch Auto Parts (Robert Bosch GmbH)
3. Bendix Spicer (Knorr-Bremse AG)
4. Carlisle Brake and Friction
5. Delphi Auto Parts (Delphi Technologies)
6. ICER BRAKES S.A
7. Messe Frankfurt Exhibition GmbH
8. MIBA AG
9. Nisshinbo Brake Inc.
10. ProTec Friction Group
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For