Automotive Brake Wear Sensors Market by Application, Product, and Geography - Forecast and Analysis 2023-2027

Published: Jan 2023 Pages: 171 SKU: IRTNTR41285

The automotive brake wear sensors market is estimated to grow at a CAGR of 6.04% between 2022 and 2027. The size of the market is forecast to increase by USD 1,091.42 million. The growth of the market depends on several factors, including the rising need to reduce damage to braking systems, increased end-user concern for vehicle security, and increasing demand for automotive vehicles. 

This report extensively covers market segmentation by application (passenger cars and commercial vehicles), product (electronic brake wear sensors and disc brake wear sensors), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Automotive Brake Wear Sensors Market During the Forecast Period?

To learn more about this report, Download Report Sample

Automotive Brake Wear Sensors Market: Key Drivers, Trends, Challenges, and Customer Landscape

The increased end-user concern for vehicle security is notably driving the market growth, although factors such as improper tuning of sensors may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Automotive Brake Wear Sensors Market Driver

The increased end-user concern for vehicle security is notably driving market growth. The automotive industry has seen an increase in consumer demand for safety, fuel efficiency, and reduction of emission levels in the interest of promoting a better commute and travel experience. This has significantly impacted the global market in a positive manner. Various sensors such as seat pressure, A/C compressor, night driving lamps, solar radiation sensors, and brake wear sensors offer occupants a comfortable traveling experience. Therefore, consumer preferences tend to favor automotive sensor manufacturers as the demands are primarily inclined toward better safety and comfort. 

The players in the global market claim that consumer knowledge of vehicle security and safety technology is increasing at a steady pace. This sensor is a safety device that alerts the customer when the efficiency of the brake pad is decreasing. It provides accurate information, such as a mileage estimate until the brake pad wears out and the time when to change the brake pad. This helps to decrease the number of accidents caused due to the failure of the braking system. As it is a crucial component, it is present in both passenger cars and commercial vehicles. Thus, such factors are anticipated to boost the growth of the global market during the forecast period.

Significant Automotive Brake Wear Sensors Market Trend

Integrated smart sensors are emerging trends in the market. An integrated smart sensor (ISS) is a chip that contains the functions of signal conditions, sensing, AD conversion, and bus output. It may also have on-chip calibration and self-test. Smart sensors take input commands from the physical environment and use the available resources to perform predefined functions. They offer better control of all operations of a sensor across all ranges. Such technology will not only integrate communication sections and data changes of a sensor but will also facilitate the elimination of traditional sensing technology.

With the use of integrated sensors, the need for an expensive multi-pole ring magnet completely disappears because integrated sensors will make use of the metallic hub and the printed circuit board to sense the speed. With the increase in demand for reliability and safety, integrated sensors have become more important and find application in all automotive segments. It has been estimated that integrated smart sensor solutions can increase the production of automotive sensors by 5%-10% in the coming years. Hence, these factors will boost the market growth during the forecast period. 

Major Automotive Brake Wear Sensors Market Challenge

Improper tuning of sensors is a major challenge impeding market growth. The government and the consumers are making efforts to encourage proactive maneuvering of vehicles to avoid and decrease the number of road accidents. hence, vehicles are equipped with various safety devices to provide a safe and comfortable driving experience. Sensors help to detect changes in their immediate environment by capturing stimuli changes and updating the system electronically.

Sensors must be tuned properly to maximize the driving experience and prevent failure of the same. Improper tuning might result in inappropriate alert information, which could result in unwanted stoppages of the vehicle. The purpose of the autonomous car technology system is lost if the technology is tuned to generate only high-risk alerts. Therefore, electronic system manufacturers need to be wary of such consequences if they are to deliver as per user expectations. Even occasional faults in the system can lead to users discarding sensor technology. Sensors must be tuned on a regular basis to ensure that there is no incorrect information alert sent to the driver as it might misguide them. This will have the potential to increase the number of road accidents and hamper the safety of commuters, which, in turn, will negatively affect the growth of the global market during the forecast period.

Key Automotive Brake Wear Sensors Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Automotive Brake Wear Sensors Market Customer Landscape

Who are the Major Automotive Brake Wear Sensors Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

CARiD.com - The company operates under one segment. The company under this segment focuses on providing basic repair and maintenance parts, accessories such as floor mats and window visors, and custom wheel and tire selections. The key offerings of the company include automotive brake wear sensor solutions. 

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Akebono Brake Industry Co. Ltd.
  • Beck Arnley Holdings LLC
  • BorgWarner Inc.
  • Brembo SpA
  • Carlisle Companies Inc.
  • Continental AG
  • DENSO Corp.
  • FMP Group (Australia) Pty Ltd.
  • General Motors Co
  • Herth Buss Fahrzeugteile GmbH and Co. KG
  • Holstein Automotive Group
  • Mitsubishi Electric Corp.
  • Otto Zimmermann Maschinen und Apparatebau GmbH
  • PEX German O.E. Parts LLC
  • Robert Bosch GmbH

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified, it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Automotive Brake Wear Sensors Market?

The market share growth by the passenger cars segment will be significant during the forecast period. The automotive braking system is an integral part of a vehicle. It involves safety and control standards. As the demand for passenger cars in developing economies is estimated to increase in the coming years, the demand for automotive brake wear sensors will also rise as it helps in providing safety to commuters.

Get a glance at the market contribution of various segments Request a PDF Sample

The passenger cars segment was valued at USD 1,792.52 million in 2017 and continued to grow until 2021Automotive brake wear sensors are gaining more traction in luxury and mid-level passenger cars when compared with entry-level vehicles. As the customers who prefer to buy luxury and mid-level passenger cars are less price-sensitive and focus on safety, comfort, driving experience, and advanced technologies, the auto manufacturers ensure that the vehicles are equipped with automotive brake wear sensors. The penetration rate of automotive brake wear sensors in developed economies is higher than in developing economies as the customers are not price-sensitive and emphasize safety during the commute. Furthermore, as many regulatory bodies are making efforts to increase safety and decrease the number of road accidents, automotive brake wear sensors might become a mandatory component in vehicles. Such factors are likely to drive the growth of the passenger cars segment during the forecast period.

Which are the Key Regions for the Automotive Brake Wear Sensors Market?

For more insights on the market share of various regions Request PDF Sample now!

North America is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

North America, being a developed economy, takes the first-mover advantage in adopting any technological development in an automobile. As this region comprises mature markets and technologically advanced nations such as the US, and Canada, it has resulted in the development of a high concentration of passenger and commercial vehicle manufacturers. The region also has the presence of major automotive OEMs, such as General Motors, Ford Motor, and Fiat Chrysler Automobiles. Other factors like an increase in awareness of passenger safety, road safety, and vehicle security will also drive the market in the region during the forecast period. 

The US is the second-largest automotive market in the world and witnesses a high demand for SUVs and light trucks. The high consumer preference for large utility vehicles, which can be used for both personal and commercial purposes, is driving the sales of SUVs and pickup trucks in the country. In 2021, midsized SUVs contributed to approximately 20.1% of new vehicle sales in the US. This will result in an increase in the demand for these sensors in the region during the forecast period. Furthermore, various auto manufacturers are shifting their manufacturing facilities to Mexico due to low production costs. This is expected to increase vehicle production in Mexico, thereby increasing the demand for such sensors during the forecast period.

In 2020, the outbreak of COVID-19 negatively impacted the market in the region. However, in 2021, the success of vaccination drives across the countries in this region, and the rise in investment inflows in the auto sector helped the plants and service units to reopen and start their operations. As a result of all these factors, the demand for automotive brake wear sensors has increased, which, in turn, will propel the growth of the market in the region during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook (USD Million, 2017 - 2027)
    • Electronic brake wear sensors
    • Disc brake wear sensors
  • Application Outlook (USD Million, 2017 - 2027)
    • Passenger cars
    • Commercial vehicles
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Parent Market Analysis

Technavio categorizes the global automotive brake wear sensors market as a part of the global automotive components and accessories market within the global auto components market. The global automotive components and accessories market covers companies engaged in the production of parts and accessories for automobiles like passenger cars (PCs), electric vehicles (EVs), commercial vehicles (CVs), heavy-duty vehicles, off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers.  Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Automotive Brake Wear Sensors Market Scope

Report Coverage

Details

Page number

171

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 6.04%

Market growth 2023-2027

USD 1,091.42 million

Market structure

Fragmented

YoY growth 2022-2023(%)

5.57

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 34%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Akebono Brake Industry Co. Ltd., Beck Arnley Holdings LLC, BorgWarner Inc., Brembo SpA, CARiD.com, Carlisle Companies Inc., Continental AG, DENSO Corp., FMP Group (Australia) Pty Ltd., General Motors Co, Herth Buss Fahrzeugteile GmbH and Co. KG, Holstein Automotive Group, Mitsubishi Electric Corp., Otto Zimmermann Maschinen und Apparatebau GmbH, PEX German O.E. Parts LLC, Robert Bosch GmbH, SADECA SYSTEMS SLU, Sensata Technologies Inc, Standard Motor Products Inc., and Shandong Frontech Auto Parts Co. Ltd

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Automotive Brake Wear Sensors Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the automotive brake wear sensors market between 2023 and 2027
  • Precise estimation of the size of the automotive brake wear sensors market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of automotive brake wear sensors market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global automotive brake wear sensors market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global automotive brake wear sensors market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Product Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Passenger cars - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Passenger cars - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Passenger cars - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Passenger cars - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Passenger cars - Year-over-year growth 2022-2027 (%)
    • 6.4 Commercial vehicles - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Commercial vehicles - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Commercial vehicles - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Application
      • Exhibit 42: Market opportunity by Application ($ million)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 43: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Product - Market share 2022-2027 (%)
    • 7.2 Comparison by Product
      • Exhibit 45: Chart on Comparison by Product
      • Exhibit 46: Data Table on Comparison by Product
    • 7.3 Electronic brake wear sensors - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Electronic brake wear sensors - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Electronic brake wear sensors - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Electronic brake wear sensors - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Electronic brake wear sensors - Year-over-year growth 2022-2027 (%)
    • 7.4 Disc brake wear sensors - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Disc brake wear sensors - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Disc brake wear sensors - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Disc brake wear sensors - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Disc brake wear sensors - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Product
      • Exhibit 55: Market opportunity by Product ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 57: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 59: Chart on Geographic comparison
      • Exhibit 60: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Germany - Market size and forecast 2022-2027
      • Exhibit 85: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.10 China - Market size and forecast 2022-2027
      • Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.11 UK - Market size and forecast 2022-2027
      • Exhibit 93: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 101: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 102: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 104: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 105: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 106: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 107: Matrix on vendor position and classification
            • 12.3 Akebono Brake Industry Co. Ltd.
              • Exhibit 108: Akebono Brake Industry Co. Ltd. - Overview
              • Exhibit 109: Akebono Brake Industry Co. Ltd. - Business segments
              • Exhibit 110: Akebono Brake Industry Co. Ltd. - Key offerings
              • Exhibit 111: Akebono Brake Industry Co. Ltd. - Segment focus
            • 12.4 BorgWarner Inc.
              • Exhibit 112: BorgWarner Inc. - Overview
              • Exhibit 113: BorgWarner Inc. - Business segments
              • Exhibit 114: BorgWarner Inc. - Key news
              • Exhibit 115: BorgWarner Inc. - Key offerings
              • Exhibit 116: BorgWarner Inc. - Segment focus
            • 12.5 Brembo SpA
              • Exhibit 117: Brembo SpA - Overview
              • Exhibit 118: Brembo SpA - Business segments
              • Exhibit 119: Brembo SpA - Key news
              • Exhibit 120: Brembo SpA - Key offerings
              • Exhibit 121: Brembo SpA - Segment focus
            • 12.6 CARiD.com
              • Exhibit 122: CARiD.com - Overview
              • Exhibit 123: CARiD.com - Product / Service
              • Exhibit 124: CARiD.com - Key offerings
            • 12.7 Carlisle Companies Inc.
              • Exhibit 125: Carlisle Companies Inc. - Overview
              • Exhibit 126: Carlisle Companies Inc. - Business segments
              • Exhibit 127: Carlisle Companies Inc. - Key offerings
              • Exhibit 128: Carlisle Companies Inc. - Segment focus
            • 12.8 Continental AG
              • Exhibit 129: Continental AG - Overview
              • Exhibit 130: Continental AG - Business segments
              • Exhibit 131: Continental AG - Key offerings
              • Exhibit 132: Continental AG - Segment focus
            • 12.9 DENSO Corp.
              • Exhibit 133: DENSO Corp. - Overview
              • Exhibit 134: DENSO Corp. - Business segments
              • Exhibit 135: DENSO Corp. - Key news
              • Exhibit 136: DENSO Corp. - Key offerings
              • Exhibit 137: DENSO Corp. - Segment focus
            • 12.10 General Motors Co
              • Exhibit 138: General Motors Co - Overview
              • Exhibit 139: General Motors Co - Business segments
              • Exhibit 140: General Motors Co - Key news
              • Exhibit 141: General Motors Co - Key offerings
              • Exhibit 142: General Motors Co - Segment focus
            • 12.11 Holstein Automotive Group
              • Exhibit 143: Holstein Automotive Group - Overview
              • Exhibit 144: Holstein Automotive Group - Product / Service
              • Exhibit 145: Holstein Automotive Group - Key offerings
            • 12.12 Mitsubishi Electric Corp.
              • Exhibit 146: Mitsubishi Electric Corp. - Overview
              • Exhibit 147: Mitsubishi Electric Corp. - Business segments
              • Exhibit 148: Mitsubishi Electric Corp. - Key news
              • Exhibit 149: Mitsubishi Electric Corp. - Key offerings
              • Exhibit 150: Mitsubishi Electric Corp. - Segment focus
            • 12.13 Otto Zimmermann Maschinen und Apparatebau GmbH
              • Exhibit 151: Otto Zimmermann Maschinen und Apparatebau GmbH - Overview
              • Exhibit 152: Otto Zimmermann Maschinen und Apparatebau GmbH - Product / Service
              • Exhibit 153: Otto Zimmermann Maschinen und Apparatebau GmbH - Key offerings
            • 12.14 Robert Bosch GmbH
              • Exhibit 154: Robert Bosch GmbH - Overview
              • Exhibit 155: Robert Bosch GmbH - Business segments
              • Exhibit 156: Robert Bosch GmbH - Key news
              • Exhibit 157: Robert Bosch GmbH - Key offerings
              • Exhibit 158: Robert Bosch GmbH - Segment focus
            • 12.15 Sensata Technologies Inc
              • Exhibit 159: Sensata Technologies Inc - Overview
              • Exhibit 160: Sensata Technologies Inc - Business segments
              • Exhibit 161: Sensata Technologies Inc - Key news
              • Exhibit 162: Sensata Technologies Inc - Key offerings
              • Exhibit 163: Sensata Technologies Inc - Segment focus
            • 12.16 Shandong Frontech Auto Parts Co. Ltd
              • Exhibit 164: Shandong Frontech Auto Parts Co. Ltd - Overview
              • Exhibit 165: Shandong Frontech Auto Parts Co. Ltd - Product / Service
              • Exhibit 166: Shandong Frontech Auto Parts Co. Ltd - Key offerings
            • 12.17 Standard Motor Products Inc.
              • Exhibit 167: Standard Motor Products Inc. - Overview
              • Exhibit 168: Standard Motor Products Inc. - Product / Service
              • Exhibit 169: Standard Motor Products Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 170: Inclusions checklist
                • Exhibit 171: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 172: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 173: Research methodology
                • Exhibit 174: Validation techniques employed for market sizing
                • Exhibit 175: Information sources
              • 13.5 List of abbreviations
                • Exhibit 176: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              automotive brake wear sensors market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis