Product Code: ETC020395 | Publication Date: Oct 2020 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Australia`s motor vehicle braking system parts market is expanding with advancements in automotive safety technologies and increasing vehicle production. The market includes components such as brake pads, rotors, calipers, and ABS modules, with a growing demand for electric and hybrid vehicle-compatible braking systems. Stricter safety regulations and consumer preference for high-performance braking solutions are key growth drivers, while supply chain disruptions and rising material costs remain concerns.
The increasing emphasis on road safety regulations and the rising adoption of advanced braking systems in automobiles are key drivers of Australia`s motor vehicle braking system parts market. With government mandates for enhanced braking technologies, including ABS and electronic stability control, manufacturers are investing in research and development to improve product efficiency. Additionally, the expanding electric vehicle segment is contributing to market growth, as EVs require specialized braking systems for regenerative braking and performance optimization.
The motor vehicle braking system parts market in Australia faces challenges due to increasing vehicle electrification, which reduces demand for traditional braking components. High import dependency and stringent safety regulations further complicate the market landscape.
The market for motor vehicle braking system parts in Australia is growing due to increasing vehicle safety regulations and demand for high-performance braking solutions. The rise of electric vehicles (EVs) is driving innovation in regenerative braking systems, while aftermarket sales remain strong due to vehicle maintenance needs.
The Australian motor vehicle braking system parts market is regulated under the Motor Vehicle Standards Act and Australian Design Rules (ADR), which ensure that braking systems meet safety and performance requirements. The Department of Infrastructure, Transport, Regional Development, and Communications oversees compliance, mandating rigorous testing for locally manufactured and imported braking system parts. The government also enforces environmental policies to encourage the use of eco-friendly brake components.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Motor Vehicle Braking System Parts Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Motor Vehicle Braking System Parts Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Motor Vehicle Braking System Parts Market - Industry Life Cycle |
3.4 Australia Motor Vehicle Braking System Parts Market - Porter's Five Forces |
3.5 Australia Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Australia Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Brake Pad Material Type, 2021 & 2031F |
3.7 Australia Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 Australia Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Australia Motor Vehicle Braking System Parts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced safety features in vehicles, leading to the adoption of high-quality braking system parts. |
4.2.2 Growth in the automotive industry in Australia, resulting in higher vehicle production and sales. |
4.2.3 Stringent government regulations mandating the use of reliable braking system parts to enhance road safety. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production for braking system parts manufacturers. |
4.3.2 Intense competition among market players leading to pricing pressures and reduced profit margins. |
5 Australia Motor Vehicle Braking System Parts Market Trends |
6 Australia Motor Vehicle Braking System Parts Market, By Types |
6.1 Australia Motor Vehicle Braking System Parts Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Australia Motor Vehicle Braking System Parts Market Revenues & Volume, By Product Types, 2021-2031F |
6.1.3 Australia Motor Vehicle Braking System Parts Market Revenues & Volume, By Disc Brakes, 2021-2031F |
6.1.4 Australia Motor Vehicle Braking System Parts Market Revenues & Volume, By Drum Brakes, 2021-2031F |
6.2 Australia Motor Vehicle Braking System Parts Market, By Brake Pad Material Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Motor Vehicle Braking System Parts Market Revenues & Volume, By Organic, 2021-2031F |
6.2.3 Australia Motor Vehicle Braking System Parts Market Revenues & Volume, By Metallic, 2021-2031F |
6.2.4 Australia Motor Vehicle Braking System Parts Market Revenues & Volume, By Ceramic, 2021-2031F |
6.3 Australia Motor Vehicle Braking System Parts Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Australia Motor Vehicle Braking System Parts Market Revenues & Volume, By Original Equipment Manufacturers (OEM), 2021-2031F |
6.3.3 Australia Motor Vehicle Braking System Parts Market Revenues & Volume, By Aftermarket, 2021-2031F |
6.4 Australia Motor Vehicle Braking System Parts Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Australia Motor Vehicle Braking System Parts Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.4.3 Australia Motor Vehicle Braking System Parts Market Revenues & Volume, By Commercial Vehicles, 2021-2031F |
7 Australia Motor Vehicle Braking System Parts Market Import-Export Trade Statistics |
7.1 Australia Motor Vehicle Braking System Parts Market Export to Major Countries |
7.2 Australia Motor Vehicle Braking System Parts Market Imports from Major Countries |
8 Australia Motor Vehicle Braking System Parts Market Key Performance Indicators |
8.1 Average replacement cycle of braking system parts in vehicles. |
8.2 Rate of adoption of technologically advanced braking system parts. |
8.3 Number of road accidents in Australia related to braking system failures. |
9 Australia Motor Vehicle Braking System Parts Market - Opportunity Assessment |
9.1 Australia Motor Vehicle Braking System Parts Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Australia Motor Vehicle Braking System Parts Market Opportunity Assessment, By Brake Pad Material Type, 2021 & 2031F |
9.3 Australia Motor Vehicle Braking System Parts Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 Australia Motor Vehicle Braking System Parts Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Australia Motor Vehicle Braking System Parts Market - Competitive Landscape |
10.1 Australia Motor Vehicle Braking System Parts Market Revenue Share, By Companies, 2024 |
10.2 Australia Motor Vehicle Braking System Parts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |