Singapore Motor Vehicle Braking System Parts Market (2024-2030) | Outlook, Value, Analysis, COVID-19 IMPACT, Industry, Share, Revenue, Trends, Companies, Size, Growth & Forecast

Market Forecast By Product Types (Disc Brakes, Drum Brakes), By Brake Pad Material Type (Organic, Metallic, Ceramic), By Sales Channel (Original Equipment Manufacturers (OEM), Aftermarket), By Vehicle Type (Passenger Cars, Commercial Vehicles) And Competitive Landscape
Product Code: ETC020387 Publication Date: Jul 2023 Updated Date: Jan 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Singapore Motor Vehicle Braking System Parts Market Synopsis

The Singapore Motor Vehicle Braking System Parts Market is expected to grow at a CAGR of approximately 4.3% during the forecast period (2020-2026). The key factors responsible for the market growth are increasing sales of passenger cars, rise in production and sale of commercial vehicles, and increased use of automated braking systems. However, high cost associated with advanced technologies such as Electronic Stability Control (ESC) system may restrain the market growth.

Market Drivers

Increasing Sales Of Passenger Cars: Growing per capita income levels have fueled demand for personal transportation in countries like Singapore. As a result, there has been an increase in the number of passengers car sold across the region which will drive new opportunities for motor vehicle braking system parts market players over the coming years.Rise In Production And Sale Of Commercial Vehicles: The growing need for efficient logistics services has led to an upsurge in demand for light and heavy trucks across different industries including e-commerce, manufacturing and construction activities ETC, leading to surge in production and sale of commercial vehicles that would consequently drive revenue generation from motor vehicle braking system parts market by 2026 end.Increased Use Of Automated Braking Systems: With continuous advancements made towards autonomous driving technology coupled with stringent safety regulations regarding road transportations implemented by respective governments across various nations is acting as major factor contributing to increased adoption rate of automated braking systems among automotive manufacturers thereby propelling growth within global motor vehicle brake system parts industry space over next few years time span.

Market challenges

High Cost Associated With Advanced Technologies Such As Electronic Stability Control (ESC) System : Developing ESC requires sophisticated sensors along its integration process with several other components making it expensive proposition thus posing challenge before industry participants willing to invest into R&D activities related to development & deployment electronic stability control systems onto vehiculars due its cost intensive nature backfiring on their bottom line developments through over strETChed pricing structure associated with these products.

Key players

Some key players operating within Singapore Motor Vehicle Braking System Parts Market include Delphi Technologies PLC., Robert Bosch GmbH., Continental AG Group.

Covid-19 Impact

Due lockdown imposed on account COVID 19 pandemic, automotive industries were most affected due disruption supply chain operations along closure service centers almost everywhere world adversely impacting whole value chain comprising OEMs down tier suppliers till end user finally resulting decline revenue generation across different segments including brakes & related components sector.However gradual recovery seen businesses post easing restrictions imposed yet prospects remain uncertain near future amid fear second wave infections globally hampering overall business sentiment drastically.

Key Highlights of the Report:

  • Singapore Motor Vehicle Braking System Parts Market Outlook
  • Market Size of Singapore Motor Vehicle Braking System Parts Market, 2023
  • Forecast of Singapore Motor Vehicle Braking System Parts Market, 2030
  • Historical Data and Forecast of Singapore Motor Vehicle Braking System Parts Revenues & Volume for the Period 2020-2030
  • Singapore Motor Vehicle Braking System Parts Market Trend Evolution
  • Singapore Motor Vehicle Braking System Parts Market Drivers and Challenges
  • Singapore Motor Vehicle Braking System Parts Price Trends
  • Singapore Motor Vehicle Braking System Parts Porter's Five Forces
  • Singapore Motor Vehicle Braking System Parts Industry Life Cycle
  • Historical Data and Forecast of Singapore Motor Vehicle Braking System Parts Market Revenues & Volume By Product Types for the Period 2020-2030
  • Historical Data and Forecast of Singapore Motor Vehicle Braking System Parts Market Revenues & Volume By Disc Brakes for the Period 2020-2030
  • Historical Data and Forecast of Singapore Motor Vehicle Braking System Parts Market Revenues & Volume By Drum Brakes for the Period 2020-2030
  • Historical Data and Forecast of Singapore Motor Vehicle Braking System Parts Market Revenues & Volume By Brake Pad Material Type for the Period 2020-2030
  • Historical Data and Forecast of Singapore Motor Vehicle Braking System Parts Market Revenues & Volume By Organic for the Period 2020-2030
  • Historical Data and Forecast of Singapore Motor Vehicle Braking System Parts Market Revenues & Volume By Metallic for the Period 2020-2030
  • Historical Data and Forecast of Singapore Motor Vehicle Braking System Parts Market Revenues & Volume By Ceramic for the Period 2020-2030
  • Historical Data and Forecast of Singapore Motor Vehicle Braking System Parts Market Revenues & Volume By Sales Channel for the Period 2020-2030
  • Historical Data and Forecast of Singapore Motor Vehicle Braking System Parts Market Revenues & Volume By Original Equipment Manufacturers (OEM) for the Period 2020-2030
  • Historical Data and Forecast of Singapore Motor Vehicle Braking System Parts Market Revenues & Volume By Aftermarket for the Period 2020-2030
  • Historical Data and Forecast of Singapore Motor Vehicle Braking System Parts Market Revenues & Volume By Vehicle Type for the Period 2020-2030
  • Historical Data and Forecast of Singapore Motor Vehicle Braking System Parts Market Revenues & Volume By Passenger Cars for the Period 2020-2030
  • Historical Data and Forecast of Singapore Motor Vehicle Braking System Parts Market Revenues & Volume By Commercial Vehicles for the Period 2020-2030
  • Singapore Motor Vehicle Braking System Parts Import Export Trade Statistics
  • Market Opportunity Assessment By Product Types
  • Market Opportunity Assessment By Brake Pad Material Type
  • Market Opportunity Assessment By Sales Channel
  • Market Opportunity Assessment By Vehicle Type
  • Singapore Motor Vehicle Braking System Parts Top Companies Market Share
  • Singapore Motor Vehicle Braking System Parts Competitive Benchmarking By Technical and Operational Parameters
  • Singapore Motor Vehicle Braking System Parts Company Profiles
  • Singapore Motor Vehicle Braking System Parts Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Singapore Motor Vehicle Braking System Parts Market Overview

3.1 Singapore Country Macro Economic Indicators

3.2 Singapore Motor Vehicle Braking System Parts Market Revenues & Volume, 2020 & 2030F

3.3 Singapore Motor Vehicle Braking System Parts Market - Industry Life Cycle

3.4 Singapore Motor Vehicle Braking System Parts Market - Porter's Five Forces

3.5 Singapore Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Product Types, 2020 & 2030F

3.6 Singapore Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Brake Pad Material Type, 2020 & 2030F

3.7 Singapore Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Sales Channel, 2020 & 2030F

3.8 Singapore Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Vehicle Type, 2020 & 2030F

4 Singapore Motor Vehicle Braking System Parts Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Singapore Motor Vehicle Braking System Parts Market Trends

6 Singapore Motor Vehicle Braking System Parts Market, By Types

6.1 Singapore Motor Vehicle Braking System Parts Market, By Product Types

6.1.1 Overview and Analysis

6.1.2 Singapore Motor Vehicle Braking System Parts Market Revenues & Volume, By Product Types, 2020-2030F

6.1.3 Singapore Motor Vehicle Braking System Parts Market Revenues & Volume, By Disc Brakes, 2020-2030F

6.1.4 Singapore Motor Vehicle Braking System Parts Market Revenues & Volume, By Drum Brakes, 2020-2030F

6.2 Singapore Motor Vehicle Braking System Parts Market, By Brake Pad Material Type

6.2.1 Overview and Analysis

6.2.2 Singapore Motor Vehicle Braking System Parts Market Revenues & Volume, By Organic, 2020-2030F

6.2.3 Singapore Motor Vehicle Braking System Parts Market Revenues & Volume, By Metallic, 2020-2030F

6.2.4 Singapore Motor Vehicle Braking System Parts Market Revenues & Volume, By Ceramic, 2020-2030F

6.3 Singapore Motor Vehicle Braking System Parts Market, By Sales Channel

6.3.1 Overview and Analysis

6.3.2 Singapore Motor Vehicle Braking System Parts Market Revenues & Volume, By Original Equipment Manufacturers (OEM), 2020-2030F

6.3.3 Singapore Motor Vehicle Braking System Parts Market Revenues & Volume, By Aftermarket, 2020-2030F

6.4 Singapore Motor Vehicle Braking System Parts Market, By Vehicle Type

6.4.1 Overview and Analysis

6.4.2 Singapore Motor Vehicle Braking System Parts Market Revenues & Volume, By Passenger Cars, 2020-2030F

6.4.3 Singapore Motor Vehicle Braking System Parts Market Revenues & Volume, By Commercial Vehicles, 2020-2030F

7 Singapore Motor Vehicle Braking System Parts Market Import-Export Trade Statistics

7.1 Singapore Motor Vehicle Braking System Parts Market Export to Major Countries

7.2 Singapore Motor Vehicle Braking System Parts Market Imports from Major Countries

8 Singapore Motor Vehicle Braking System Parts Market Key Performance Indicators

9 Singapore Motor Vehicle Braking System Parts Market - Opportunity Assessment

9.1 Singapore Motor Vehicle Braking System Parts Market Opportunity Assessment, By Product Types, 2020 & 2030F

9.2 Singapore Motor Vehicle Braking System Parts Market Opportunity Assessment, By Brake Pad Material Type, 2020 & 2030F

9.3 Singapore Motor Vehicle Braking System Parts Market Opportunity Assessment, By Sales Channel, 2020 & 2030F

9.4 Singapore Motor Vehicle Braking System Parts Market Opportunity Assessment, By Vehicle Type, 2020 & 2030F

10 Singapore Motor Vehicle Braking System Parts Market - Competitive Landscape

10.1 Singapore Motor Vehicle Braking System Parts Market Revenue Share, By Companies, 2023

10.2 Singapore Motor Vehicle Braking System Parts Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All