Automotive Brakes and Clutches Market Size, Share, Growth, and Industry Growth, By Type (OEM and Aftermarket), By Application (Passenger Car and Commercial Vehicle), Regional Forecast From 2025 To 2034

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AUTOMOTIVE BRAKES AND CLUTCHES MARKET OVERVIEW

The global Automotive Brakes and Clutches Market size stood at USD 1.57 billion in 2025, growing further to USD 2.07 billion by 2034 at an estimated CAGR of 3.08% from 2025 to 2034.

The United States Automotive Brakes and Clutches Market size is projected at USD 0.4756 billion in 2025, the Europe Automotive Brakes and Clutches Market size is projected at USD 0.36661 billion in 2025, and the China Automotive Brakes and Clutches Market size is projected at USD 0.54056 billion in 2025.

Speed-control devices like clutches and brakes are utilized on rotating parts. As a result, the clutch connects parallel or in-line shafts to start or change the load's speed. To further slowdown, stop, or hold the load static, a brake transmits energy to the machine frame or motor flange. However, brakes and clutches use various hydraulic, mechanical, electromagnetic, and pneumatic technologies. Another advantage of electromagnetic clutches is their effective, electrically switchable operation between a motor and a load.

The clutches can be utilized with parallel ducts connected with gears, pulleys, or in-line shafts. In an electromagnetic clutch, the ephemeral current flows, and a coil forms a magnetic flux distribution that attracts a rotor. A cadre's plate that is adhered to the load is also engaged by the axle thanks to the magnetic force. In addition, the contact between the two spins the load alongside the driveshaft and rotor. Friction plates or teeth can be used to increase this magnetic contact. The armature and rotor separate when electricity is cut off to the field coil.

KEY FINDINGS

COVID-19 IMPACT

Declined Production and Product Demand Affected Growth.

The COVID-19 epidemic had a significant impact on the building, industrial, lodging, and tourism industries. Production ceased or was severely constrained. The supply chains for the transportation and construction industries and those industries themselves were hindered. This resulted in a decline in production and demand for industrial brakes, restraining the market's expansion. In contrast, businesses are gradually starting to resume their regular manufacturing and service operations.

LATEST TRENDS

Government’s Rising Spending on Infrastructure Projects to Boost the Product Demand

The governments increased spending on infrastructure projects and the rise in demand for the commercial and residential segments contribute to the growth of the construction and manufacturing industries. Excavators, graders, trenchers, backhoes, bulldozers, and other construction tools are becoming increasingly in demand as building projects continue to expand. To support heavier loads, this equipment has different performance requirements. Construction equipment can carry a greater amount of load thanks to the usage of brakes. The industrial brakes market is also driven by rising equipment demand and production. Additionally, the utilization of robots in various industries is expanding.

• In 2024, Europe recorded a ~11.5% increase in passenger car registrations, from 719,783 units in 2022 to 802,763 in 2023, reflecting surging braking system demand.

• Asia-Pacific accounted for 58.1% of brake system revenue share in 2022, with disc brakes comprising 61.1% share of global brake type sales.

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AUTOMOTIVE BRAKES AND CLUTCHES MARKET SEGMENTATION

By Type Analysis

By type, the market is segmented into OEM and aftermarket.

The aftermarket segment is likely to dominate the global market owing to the rising demand for products from automobile service centers, retailers, and workshops. The retail sector comprises gasoline, general, and automotive retailers. 

By Application Analysis

Based on application, the market is classified into passenger cars and commercial vehicles.

Passenger cars are estimated to lead the market due to the increasing production and sales of cars. 

DRIVING FACTORS

Various Advantages of the Product to Aid Product Demand

Various benefits of industrial automotive brakes and clutches are expected to propel growth in the market. The advantages include a great return on investment due to the durability of the industrial brakes and the ability to function in harsh settings. Additionally, the industrial brakes and clutches market growth is anticipated to be backed by rapid industrialization and increasing government spending in industrial sectors to enhance production. Global demand is estimated to increase due to all these factors, and the market is anticipated to grow significantly during the anticipated time period.

Rising Disposable Income of the Population to Foster Market Growth

The key factor for the automotive brakes and clutches market growth is the increase in disposable income. Common industrial solutions include clutches and brakes that are pneumatic or hydraulic. As a result, hydraulic designs have the potential to generate too much force. However, they can be difficult to maintain and call for regular cleaning. Additionally, pneumatic devices are more hygienic than hydraulic ones, but the amount of force they can produce is constrained. They are also better for use in lighter-duty applications.

• EU passenger vehicle registrations rose by ~83,000 units between 2022 and 2023, intensifying demand for braking components.

• In India, brakes & clutches sales reached US $0.04 billion in 2024, reflecting growth driven by rising EV penetration and industrial automation.

RESTRAINING FACTORS

Fluctuating Price of Raw Materials to Impede the Growth of the Market

The continuous fluctuation in raw materials price is expected to affect the expansion of the market. The fluctuating raw materials price affects the product manufacturing rate, which restricts the market growth.

• Fluctuations in raw material prices, as reported, are disrupting manufacturing schedules and output rates.

• Reports note that relocation of production to Asia-Pacific regions has introduced supply chain delays affecting timely component delivery.

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AUTOMOTIVE BRAKES AND CLUTCHES MARKET REGIONAL INSIGHTS

Shifting Of Companies to the Region to Bolster Growth in Asia Pacific 

Asia Pacific is likely to lead the automotive brakes and clutches market share due to the companies shifting their manufacturing facilities to the region. The investments and initiatives associated with the manufacturing facilities in the region are on a constant rise. 

North America is expected to hold a significant share in the market owing to the growing demand for advanced technologies in the automotive sector. 

KEY INDUSTRY PLAYERS

Key Companies Focusing On Developing Innovative Technologies to Grow in the Market

Businesses are developing new technology to offer easier ways to increase product portfolios. Key players focus on developing innovative technologies to sustain themselves in the global market. Companies are producing and designing vehicles under licensing or partnership agreements.

Companies also use innovative practices and techniques to create new technologies. To maintain market competitiveness, businesses focus on extending their geographic reach. Furthermore, to get a competitive edge in the global market, many manufacturers intend to buy small businesses or collaborate with them. These are the main tactics manufacturers of industrial brakes use to boost their revenue-generating market share.

• Akebono Brake Industry: Listed among the global top manufacturers in major market reports.

• Bosch: Ranked as a key player across global market studies by Business Research Company and others.

List of Top Automotive Brakes And Clutches Companies

• Akebono Brake Industry
• Bosch
• Federal-Mogul
• Aisin Seiki
• Valeo
• F.C.C. Co
• Exedy Corporation
• ZF Friedrichshafen
• Borgwarner
• Brembo SpA
• Eaton Corporation
• Schaeffler
• Raicam
• NSK
• Continental AG

REPORT COVERAGE

The market research study offers thorough information on numerous market aspects. The growth drivers, restraints, geographical analysis, competitive environment, and challenges are a few of them. Additionally, it provides an analytical analysis of market trends and projections for stem cells to show potential investment areas. From 2022 through 2031, the market is objectively assessed to determine its financial viability. The report's data was compiled using a variety of primary and secondary sources.