The critical component of any vehicle braking system is the disc brake pad. For example, stopping a heavy car traveling at 100 km/hour in a few seconds generates over 100 kW of heat. This heat is transferred into the brake pads, and the temperatures can reach approximately 600°C and higher within seconds. Despite this, braking must be safe and smooth, contributing to better health, safety, and the environment. Disc brake pad manufacturers are looking for alternatives to traditional raw materials such as copper, and the new friction materials must perform well under extreme braking conditions. Brake pads must give the same pedal feel and deceleration during repeated braking and sudden emergency stop in wet or dry, muddy, or icy weather conditions. Advancements in braking systems are increasingly influencing the production and design strategies of automotive car manufacturers; also, several standards are being imposed to ensure reduced emissions through friction materials. With the rising levels of fine particulate emissions in cities and the growing use of EVs that use regenerative braking systems, which reduce wear and emissions, the demand for braking systems is also on rise. Brakes must work without noise, vibration, and harshness; doing all these tasks thousands of times without fail needs a leading-edge design, consistent manufacturing process, and highly consistent base material. Therefore, automotive vehicle manufacturers are continuously looking for better materials for disc brake pads, thus bringing advancements in automotive brake technologies. For this, brake compounders and raw materials suppliers must work together to improve the brake friction, lubrication, and wear and tear. Thus, the high focus on developments in braking systems is creating huge demand for automotive brake shims in the Middle East & Africa.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East & Africa automotive brake shims market at a substantial CAGR during the forecast period.
Strategic insights for the Middle East and Africa Automotive Brake Shims provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 28.12 Million |
Market Size by 2028 | US$ 31.31 Million |
Global CAGR (2021 - 2028) | 1.5% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Material Type
|
Regions and Countries Covered | Middle East and Africa
|
Market leaders and key company profiles |
The geographic scope of the Middle East and Africa Automotive Brake Shims refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Middle East & Africa Automotive Brake Shims Market Segmentation
The Middle East & Africa automotive brake shims market is segmented on the basis of material, application, and country. Based on material, the market is segmented into rubber coated, PSA material, thermoset material, and others. In 2020, the others segment held a larger the largest share of the market; and it is also expected to register a higher the highest CAGR during the forecast period. Based on application, the Middle East & Africa automotive brake shims market is segmented into two wheeler, passenger vehicle, and commercial vehicle. In 2020, the passenger vehicle segment held the largest market share of the market in this region; and it is also expected to register the highest CAGR in the market during the forecast period. Based on country, the Middle East & Africa automotive brake shims market is segmented into South Africa, Saudi Arabia, the UAE, and Rest of MEA. In 2020, South Africa held the largest market share; and Saudi Arabia is expected to grow at the fastest CAGR during the forecast period.
Avery Dennison Corporation, Brembo S.p.A., BOSCH Auto Parts, Trelleborg Group, Super Circle, Delphi Technologies Plc., and TEXTAR Brake Technology are among the leading companies in the Middle East & Africa automotive brake shims market.
The Middle East and Africa Automotive Brake Shims Market is valued at US$ 28.12 Million in 2021, it is projected to reach US$ 31.31 Million by 2028.
As per our report Middle East and Africa Automotive Brake Shims Market, the market size is valued at US$ 28.12 Million in 2021, projecting it to reach US$ 31.31 Million by 2028. This translates to a CAGR of approximately 1.5% during the forecast period.
The Middle East and Africa Automotive Brake Shims Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Automotive Brake Shims Market report:
The Middle East and Africa Automotive Brake Shims Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Automotive Brake Shims Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Automotive Brake Shims Market value chain can benefit from the information contained in a comprehensive market report.