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: ETC020369 | Publication Date: Jun 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | United Kingdom Motor Vehicle Braking System Parts Market |
Forecast period | 2025-2031 |
CAGR | 5.2% |
Growing Sector | Automobile |
United Kingdom Motor Vehicle Braking System Parts Market report thoroughly covers the market by product types, brake pad material type, sales channel and vehicle type. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
United Kingdom Motor Vehicle Braking System Parts Market is experiencing significant growth and projected to attain more growth in the coming years due to evolving automotive technologies and increasing safety regulations, there has been a significant shift towards advanced braking systems, such as anti-lock braking systems (ABS) and electronic stability control (ESC). This shift not only enhances vehicle safety but also influences market dynamics, driving innovation and competition among manufacturers. As environmental concerns rise, the demand for electric and hybrid vehicle parts is also reshaping the market landscape, encouraging suppliers to adapt to new trends and consumer preferences.
According to 6Wresearch, United Kingdom Motor Vehicle Braking System Parts Market size is expected to grow at a CAGR of 5.2% during 2025-2031. Several factors are driving the growth of United Kingdom Motor Vehicle Braking System Parts Market such as the increasing emphasis on vehicle safety regulations has prompted manufacturers to innovate and enhance braking systems, ensuring compliance with stringent safety standards. Additionally, rising consumer awareness regarding vehicle safety features has led to a heightened demand for advanced braking technologies, such as anti-lock braking systems (ABS) and electronic brakeforce distribution (EBD). Furthermore, the growing trend towards electric and hybrid vehicles necessitates the development of specialized braking components that cater to the unique requirements of these vehicles. Also, advancements in material science and manufacturing processes are facilitating cost-effective production and improved performance of braking system parts, further driving market growth.
However, United Kingdom Motor Vehicle Braking System Parts Market faces few restraints such as One of the primary challenges is the increasing pressure on manufacturers to adhere to environmental regulations, which may lead to higher production costs as companies invest in sustainable materials and practices. Additionally, the rapid technological advancements in automotive systems can create a knowledge gap for smaller manufacturers, making it difficult for them to compete with larger players who have more resources for research and development. Economic fluctuations, such as changes in consumer spending power and overall vehicle sales, can also pose risks, particularly in uncertain economic climates. Also, the burgeoning popularity of ride-sharing and alternative transportation methods may lead to a reduction in personal vehicle ownership, ultimately affecting the demand for braking system parts.
Key players include Brembo, Continental, Valeo, ZF Friedrichshafen, TRW Automotive, Akebono Brake Corporation.These organizations are known for their expertise in vehicle technology, offer integrated braking systems and components tailored for various types of vehicles.
United Kingdom Motor Vehicle Braking System Parts Market is growing and government’s regulation and policies are helping in extension of the market. One of the notable initiatives is the implementation of stringent automotive safety regulations that require manufacturers to meet specific performance standards for braking systems. These regulations not only elevate overall safety benchmarks but also encourage innovation within the industry. Additionally, the government has introduced funding programs and grants to support research and development in automotive technologies, particularly in the areas of electric and hybrid vehicles. This is crucial as these vehicles often necessitate specialised braking components. Furthermore, initiatives aimed at reducing carbon emissions are prompting industry players to develop environmentally friendly materials and processes, aligning with the UK's broader sustainability goals.
The future of United Kingdom Motor Vehicle Braking System Parts Market looks promising due to emerging automotive trends and technological advancements. As electric and autonomous vehicles gain traction, the demand for innovative braking systems tailored to these vehicles will increase. This shift will prompt manufacturers to invest in research and development, focusing on creating lightweight, efficient braking technologies that enhance performance while maintaining safety. Furthermore, the integration of advanced technologies such as artificial intelligence (AI) and machine learning is expected to revolutionize braking systems, enabling features like predictive braking and enhanced vehicle-to-everything (V2X) communication. These advancements could lead to a reduction in braking distances and improved overall vehicle handling.
According to Ravi Bhandari, Research Head, 6Wresearch, disc brakes are anticipated to grow most significantly in coming years due to their superior performance characteristics, including enhanced stopping power and heat dissipation, which make them ideal for high-performance vehicles, including electric and autonomous cars.
Ceramic brake pads expected to lead the charge in the future attributed to their excellent performance characteristics, including reduced noise levels, lower dust production, and superior heat resistance.
Original Equipment Manufacturers (OEM) is expected to outpace the other segments in the coming years due to investment in advanced braking technologies to meet stringent safety regulations and consumer demand for innovative features, the OEM market will benefit from rising production volumes of electric and hybrid vehicles
Passenger car segment is expected to grow significantly in coming years due to the rapid surge in demand for electric and hybrid vehicles, which typically require advanced braking technologies to enhance performance and efficiency.
The report offers a comprehensive study of the subsequent market segments:
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 United Kingdom (UK) Motor Vehicle Braking System Parts Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Motor Vehicle Braking System Parts Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) Motor Vehicle Braking System Parts Market - Industry Life Cycle |
3.4 United Kingdom (UK) Motor Vehicle Braking System Parts Market - Porter's Five Forces |
3.5 United Kingdom (UK) Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 United Kingdom (UK) Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Brake Pad Material Type, 2021 & 2031F |
3.7 United Kingdom (UK) Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 United Kingdom (UK) Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 United Kingdom (UK) Motor Vehicle Braking System Parts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Kingdom (UK) Motor Vehicle Braking System Parts Market Trends |
6 United Kingdom (UK) Motor Vehicle Braking System Parts Market, By Types |
6.1 United Kingdom (UK) Motor Vehicle Braking System Parts Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Motor Vehicle Braking System Parts Market Revenues & Volume, By Product Types, 2021-2031F |
6.1.3 United Kingdom (UK) Motor Vehicle Braking System Parts Market Revenues & Volume, By Disc Brakes, 2021-2031F |
6.1.4 United Kingdom (UK) Motor Vehicle Braking System Parts Market Revenues & Volume, By Drum Brakes, 2021-2031F |
6.2 United Kingdom (UK) Motor Vehicle Braking System Parts Market, By Brake Pad Material Type |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Motor Vehicle Braking System Parts Market Revenues & Volume, By Organic, 2021-2031F |
6.2.3 United Kingdom (UK) Motor Vehicle Braking System Parts Market Revenues & Volume, By Metallic, 2021-2031F |
6.2.4 United Kingdom (UK) Motor Vehicle Braking System Parts Market Revenues & Volume, By Ceramic, 2021-2031F |
6.3 United Kingdom (UK) Motor Vehicle Braking System Parts Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 United Kingdom (UK) Motor Vehicle Braking System Parts Market Revenues & Volume, By Original Equipment Manufacturers (OEM), 2021-2031F |
6.3.3 United Kingdom (UK) Motor Vehicle Braking System Parts Market Revenues & Volume, By Aftermarket, 2021-2031F |
6.4 United Kingdom (UK) Motor Vehicle Braking System Parts Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 United Kingdom (UK) Motor Vehicle Braking System Parts Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.4.3 United Kingdom (UK) Motor Vehicle Braking System Parts Market Revenues & Volume, By Commercial Vehicles, 2021-2031F |
7 United Kingdom (UK) Motor Vehicle Braking System Parts Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Motor Vehicle Braking System Parts Market Export to Major Countries |
7.2 United Kingdom (UK) Motor Vehicle Braking System Parts Market Imports from Major Countries |
8 United Kingdom (UK) Motor Vehicle Braking System Parts Market Key Performance Indicators |
9 United Kingdom (UK) Motor Vehicle Braking System Parts Market - Opportunity Assessment |
9.1 United Kingdom (UK) Motor Vehicle Braking System Parts Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 United Kingdom (UK) Motor Vehicle Braking System Parts Market Opportunity Assessment, By Brake Pad Material Type, 2021 & 2031F |
9.3 United Kingdom (UK) Motor Vehicle Braking System Parts Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 United Kingdom (UK) Motor Vehicle Braking System Parts Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 United Kingdom (UK) Motor Vehicle Braking System Parts Market - Competitive Landscape |
10.1 United Kingdom (UK) Motor Vehicle Braking System Parts Market Revenue Share, By Companies, 2024 |
10.2 United Kingdom (UK) Motor Vehicle Braking System Parts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |