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Dublin, June 09, 2023 (GLOBE NEWSWIRE) -- The "Automotive Brakes and Clutches - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Automotive Brakes and Clutches Market to Reach $38.6 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Automotive Brakes and Clutches estimated at US$27.6 Billion in the year 2022, is projected to reach a revised size of US$38.6 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030. OEM, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach US$24.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Aftermarket segment is readjusted to a revised 3.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $7.9 Billion, While China is Forecast to Grow at 6.3% CAGR

The Automotive Brakes and Clutches market in the U.S. is estimated at US$7.9 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.5 Billion by the year 2030 trailing a CAGR of 6.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of 'zero-Covid' policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

• Global competitiveness and key competitor percentage market shares

• Market presence across multiple geographies - Strong/Active/Niche/Trivial

• Online interactive peer-to-peer collaborative bespoke updates

• Access to our digital archives and MarketGlass Research Platform

• Complimentary updates for one year

Select Competitors (Total 69 Featured)-

• Aisin Seiki Co., Ltd.

• Akebono Brake Industry Co., Ltd.

• Autoliv, Inc.

• BorgWarner, Inc.

• Bosch Auto Parts

• Brembo SpA

• Clutch Auto Ltd.

• Continental AG

• Eaton Corporation PLC

• EXEDY Corporation

• F. C. C. Co., Ltd.

• Marelli (Magneti Marelli CK Holdings Co., Ltd. )

• NSK Ltd.

• Schaeffler AG (Schaeffler Group)

• Valeo Group

• ZF Friedrichshafen AG

Key Attributes:

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• From Pandemic to War & Inflation: "Gloomy Outlook for 2023 Despite Signs of Easing Inflationary Conditions"

• Here's How Inflationary Pressures Affect the Economy

• Russia-Ukraine War, the Primary Culprit Responsible for the Hardships

• Although Past Peak in 2023, Efforts to Solve the Inflation Puzzle Should Continue

• Here's What's Causing Inflationary Pressures in the Global Market

• Shaken by the War, Global Oil Prices Spiral and Feed Inflationary Pressures, Guiding the World Towards a Cost of Living Crisis: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024

• War-Induced Commodity Price Increases & Broad Based Price Pressures Mark the Return of Global Inflation to the Highest Level Seen Since 1996: Global Inflation Rates (In %) for the Years 2019 Through 2024

• Although Facing a Lower Recession Risk, Global Economic Growth in 2023 to Slowdown Amid War, Inflation, Elevated Interest Rates & Marginal Easing of Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024

• Recession Triggered by Uncontrolled Inflation or Unemployment, Which is the Greater Evil? Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024

• Pandemic Impact on the Automotive Brakes & Clutches Market

• Competitive Scenario

• Select Innovations and Advancements

• Automotive Brakes and Clutches - Global Key Competitors Percentage Market Share in 2023 (E)

• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)

• Global Automotive Brakes & Clutches Market Enjoys Front-Seat, Thrilling Ride without Speed Breakers: Prospects & Outlook

• World Automotive Brakes and Clutches Market by End-Use (2023 & 2030): Percentage Breakdown of Sales for Passenger Cars, and Commercial Vehicles

• Automotive Brakes & Clutches Market Moves at Full-Throttle with Dynamic Drivers, Opportunities and Restraints

• Analysis by Distribution Channel

• World Automotive Brakes and Clutches Market by Distribution Channel (2023 & 2030): Percentage Breakdown of Sales for OEM, and Aftermarket

• Regional Analysis

• World Automotive Brakes and Clutches Market by Region (2023 & 2030): Percentage Breakdown of Sales for Developed and Developing Regions

• World Automotive Brakes and Clutches Market - Geographic Regions Ranked by CAGR (Sales) for 2022-2030: China, Asia-Pacific, Latin America, Middle East, Africa, Canada, USA, Europe, and Japan

• Automotive Brakes and Clutches: An Overview

• Brakes: Types, Parts, and Applications

• Understanding the Automotive Braking System

• Drum Brakes: Pros and Cons

• Hydraulic Braking Systems

• Clutch and Its Basics

• Types of Clutches

• Wet and Dry Clutch - Pros and Cons

• Clutch vs Brake: Key Differences

• Recent Market Activity

• Select Global Brands