Saudi Arabia Brake Pad Market Research Report, 2021-2026

Saudi Arabia Brake Pad Market Analysis, 2021

marknteladvisors.com

Document Outline

Table of Content Market Segmentation, Scope of Work

Research Process & Methodology Key questions answered in the report, Research process, Primary Research, Secondary Research, Respondent Profile

Sample Pages Saudi Arabia Brake Pad Market Analysis, 2021

Commercials Company Profile About the company

Contact Details

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

02

07

14

33

35

37

2

Date of Published: Feb 2021

Market Segmentation

Number of Pages: 103 Saudi Arabia Brake Pad Market Segmentation

By Material Type

By Vehicle Type

By Sales Channel

By Region

By Company

• Semi-Metallic

• Passenger Car

• OEM

• North

• FBK Manufacturing

• Non-Asbestos

• Light Commercial

• Aftermarket

• East

• Robert Bosch (Pty)

Vehicle

Organic (NAO)

• Heavy Commercial

• Low-Metallic and

Vehicle

Ceramic

• West

Ltd

• South

• AC Delco

• Central

• Tenneco Inc • Sangsin Brake Co., • Asimco Global Inc.

Get the sample pages of this Report: https://www.marknteladvisors.com/query/request-sample/saudi-arabia-brakepad-market.html

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

3

Historical Year: (2016-19) Base Year: 2020

Table of Content (1/3)

Forecast Year: (2021-26) Table of Content

1.

Introduction 1.1. Product Definition 1.2. Research Process 1.3. Assumptions 1.4. Market Segmentation

2.

Preface

3.

Executive Summary

4.

Impact of COVID-19 on Saudi Arabia Brake Pad Market

5.

Saudi Arabia Brake Pad Market Outlook, 2016-2026F 5.1. Market Size & Analysis 5.1.1. Market Revenues 5.1.2. Unit Sold 5.2. Market Share & Analysis 5.2.1. By Material Type 5.2.1.1. Semi-Metallic 5.2.1.2. Non-Asbestos Organic (NAO) 5.2.1.3. Low-Metallic and Ceramic 5.2.2. By Vehicle Type 5.2.2.1. Passenger Car 5.2.2.2. Light Commercial Vehicle Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

4

Historical Year: (2016-19) Base Year: 2020

Table of Content (2/3)

Forecast Year: (2021-26) Table of Content

5.2.2.3. Heavy Commercial Vehicle 5.2.3. By Sales Channel 5.2.3.1. OEM 5.2.3.2. Aftermarket 5.2.4. By Region 5.2.4.1. North 5.2.4.2. East 5.2.4.3. West 5.2.4.4. South 5.2.4.5. Central 5.2.5. By Competitors 5.2.5.1. Competition Characteristics 5.2.5.2. Market Share & Analysis 5.2.5.3. Competitive Metrix 6.

Saudi Arabia Brake Pad Government Regulations and Policies

7.

Saudi Arabia Brake Pad Market Trends & Insights

8.

Saudi Arabia Brake Pad Market Dynamics 8.1. Growth Drivers 8.2. Challenges 8.3. Impact Analysis Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

5

Historical Year: (2016-19) Base Year: 2020

Table of Content (3/3)

Forecast Year: (2021-26) Table of Content

9.

Saudi Arabia Brake Pad Market Hotspot & Opportunities

10. Saudi Arabia Brake Pad Market Key Strategic Imperatives for Success & Growth 11. Competition Outlook 11.1.Competition Matrix 11.1.1. Research & Development 11.1.2. Collaborations & Strategic Alliances 11.1.3. Key Business Expansion Initiatives 11.1.4. Business Restructuring- Mergers, Acquisitions, JVs 11.1.5. Strategic Initiatives 11.2.Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans) 11.2.1. FBK Manufacturing 11.2.2. Robert Bosch (Pty) Ltd 11.2.3. AC Delco 11.2.4. Tenneco Inc 11.2.5. Sangsin Brake Co., Ltd. (HI-Q) 11.2.6. Asimco Global Inc. 12. Disclaimer

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

6

Document Outline

Table of Content Market Segmentation, Scope of Work

Research Process & Methodology Key questions answered in the report, Research process, Primary Research, Secondary Research, Respondent Profile

Sample Pages Saudi Arabia Brake Pad Market Analysis, 2021

Commercials Company Profile About the company

Contact Details

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

02

07

14 33

35

37

7

Saudi Arabia Brake Pad Market Outlook, 2016-2026F

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

Saudi Arabia Brake Pad Market Analysis, 2016-2026F Figure XX: Saudi Arabia Brake Pad Industry Revenues (USD Million), 2016- 2026F

2016

2017

2018

Revenue: XX% Unit Sold: XX%

CAGR

CAGR

Revenue: XX% Unit Sold: XX%

2019

2020 Revenue (USD million)

2021F

2022F

2023F

2024F

2025F

2026F

Unit Sold (Millions) Source: MarkNtel Advisors, E: Estimated, F: Forecast

Market at a Glance • Saudi Arabia brake pad market is snowballing owing to increasing demand for the advanced braking system such as Anti Lock Braking System, Electric Driven Intelligent Brake, Electronic Braking System, among others. These advanced technology-based braking systems

are deployed in automotive to improve safety for high-speed vehicles. With the growing manufacturing of such vehicles, the adoption of brake pads is mounting in the country.

• Furthermore, the introduction of performance-oriented brake pads embedded with advanced materials is adding additional demand, which, in turn, the Saudi Arabia brake pad market is augmenting.

• In 2020, COVID-19 impacted the sale of brake pad due to the temporary shutdown of manufacturing facilities, an insufficient supply of Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

9

Saudi Arabia Brake Pad Market, By Material Type (1/4) Figure XX: Saudi Arabia Brake Pad Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Material Type, 20162026F

Market Share, By Material Type

Market Size, By Material Type (USD Million)

Inner Circle: 2020; Outer Circle: 2026

Semi-Metallic Non-Asbestos Organic (NAO) Low-Metallic and Ceramic

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

Semi-Metallic

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Non-Asbestos Organic

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Low-Metallic and Ceramic

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

*These are dummy charts and do not represent actual value

Source: MarkNtel Advisors

Introduction • Saudi Arabia brake pad market is bifurcated by material type into semi-metallic, non-asbestos organic, and low-metallic and ceramic. The ceramic brake pad is used due to characteristics such as more durable, less noise, produce less dust during wear and tear, more reliable compared to other types in a broad range of driving conditions and temperatures. However, the high cost, less heat absorption ability, and it does not suitable in extreme driving conditions include a very cold climate, etc., are factors that limited the adoption of ceramic brake

pads in the country. Subsequently impacted the market of low-metallic and ceramic in the country.

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

10

Saudi Arabia Brake Pad Market, Growth Analysis By Material Type (3/4) Figure XX: Saudi Arabia Brake Pad Market Opportunity Metrix, By Revenues By Material Type, 2021-26 100%

XX Growth, XX Market Share

High

1. Semi-Metallic XX

Market Share Analysis Market Share (%)

• Semi metallic brake pads comprise 30% to 70% metals such as steel, iron, copper, among others.

This type of brake pad is widely used in high-

50%

performance vehicles so that they able to provide XX

improved performance in a broad range of

conditions and temperatures. Besides, the semimetallic brake pad doesn’t compress like other types, thus, require less pressure to stop the

XX 0%

Low 0%

High 13%

25%

vehicle. These are among the main factors that augmenting the demand for semi-metallic brake pads in the country.

• Saudi Arabia is the automotive import-driven

CAGR 2021-2026F Source: MarkNtel Advisors,

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

market. However, the soaring local production is

11

Saudi Arabia Brake Pad Market, By Vehicle Type (1/4) Figure XX: Saudi Arabia Brake Pad Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Vehicle Type, 20162026F

Market Share, By Vehicle Type

Market Size, By Vehicle Type (USD Million)

Inner Circle: 2020; Outer Circle: 2026

Passenger Car Light Commercial Vehicle Heavy Commercial Vehicle

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

Passenger Car

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Light Commercial Vehicle

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Heavy Commercial Vehicle

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

*These are dummy charts and do not represent actual value

Source: MarkNtel Advisors

Passenger Car dominated the Saudi Arabia Market • Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles are the vehicle types in which brake pads are deployed by the automotive manufacturers in the country. The passenger car segment grabbed a maximum share, and the market domination of this segment would continue in the forthcoming years. The growing demand for passenger cars with efficient and effective braking systems is driving the market share of the segment.

• While. light commercial vehicle segment is witnessing positive growth due to the surging number of the fleet for urban mobility services Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

12

Saudi Arabia Brake Pad Market, Growth Analysis By Vehicle Type (3/4) Figure XX: Saudi Arabia Brake Pad Market Opportunity Metrix, By Revenues By Vehicle Type, 2021-26 100%

XX Growth, XX Market Share

High

1. Heavy Commercial Vehicle XX

Market Share Analysis Market Share (%)

• The presence of heavy commercial vehicle original equipment manufacturers such as Mercedes, Isuzu Motors, Volvo, etc., coupled with surging

50%

manufacturing is mounting the adoption of brake XX

pads over the last couple of years. Moreover, the

growing construction activities backed by Saudi Vision 2030 has been escalating a procurement of heavy commercial vehicles, which in turn, the

XX 0%

Low 0%

High 13%

25%

demand for brake pad has been burgeoning in the country.

• The growing trend of vehicle rental services and

the increasing number of startups in logistics and

CAGR 2021-2026F Source: MarkNtel Advisors,

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

transportation are the reasons that further mount

13

Saudi Arabia Brake Pad Market, By Sales Channel (1/4) Figure XX: Saudi Arabia Brake Pad Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Sales Channel, 20162026F

Market Share, By Sales Channel

Market Size, By Sales Channel (USD Million)

Inner Circle: 2020; Outer Circle: 2026

OEM

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

OEM

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Aftermarket

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Aftermarket

*These are dummy charts and do not represent actual value

Source: MarkNtel Advisors

Market Insights • The OEM sales channel segment is witnessing a significant growth over the last couple of years. The rising demand for luxury cars such as Mercedes, SUV, among others, government-mandated anti-lock brakes in the vehicles, automotive companies intend to expand production facilities are among the main reasons propelling the market for the OEM segment through 2016.

• While, aftermarket segment is growing at a CAGR of XX% during 2016-2026 due to soaring procurement of brake pads for off-the-road

and passenger vehicle applications. It is anticipated that the aftermarket would continue to grab the XX growth during the forecast period Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

14

Saudi Arabia Brake Pad Market, Growth Analysis By Sales Channel (3/4) Figure XX: Saudi Arabia Brake Pad Market Opportunity Metrix, By Revenues By Sales Channel, 2021-26 100%

XX Growth, XX Market Share

High

1. OEM XX

Market Share Analysis Market Share (%)

• The

Saudi

Arabia

government's focus and

initiatives to increase domestic manufacturing of automotive

50%

vehicles

are

expected

to

add

manufacturing in the country. Subsequently, the sales of brake pads is generating through OEM

o For instance: the Saudi Arabia government introduced the National Industrial Clusters Development Program to support the

XX 0%

Low 0%

High 13%

25%

development of new industries through consultancy and financing.

• In 2018, the Saudi Arabia government lifted a ban

on women’s driving, this has been augmenting the

CAGR 2021-2026F Source: MarkNtel Advisors,

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

demand for personal vehicles, which leads to

15

Document Outline

Table of Content Market Segmentation, Scope of Work

Research Process & Methodology Key questions answered in the report, Research process, Primary Research, Secondary Research, Respondent Profile

Sample Pages Saudi Arabia Brake Pad Market Analysis, 2021

Commercials Company Profile About the Company

Contact Details

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

02

07

14

33 35

37

16

+1 (613) 707-5086, +91 8719999009 sales@marknteladvisors.com

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

17