1 / 30

Mexico Automotive Brake Pad Market Research Report Forecast (2022-27)- MarkNtel

The Mexico Automotive Brake Pads Market is projected to grow at a CAGR of around 3.7% during the forecast period 2022-27

marknteladvisors
Télécharger la présentation

Mexico Automotive Brake Pad Market Research Report Forecast (2022-27)- MarkNtel

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Mexico Automotive Brake Pad Market Research Report, Forecast (2022-2027) www.marknteladvisors.com

  2. Document Outline 02 Research Scope Report Particulars, Key Questions Answered, Market Segmentation, Table of Content Sample Illustration Mexico Automotive Brake Pad Market Research Report, Forecast (2022-2027) 13 Research Process & Methodology Research Approach, Research Methodology 42 51 Commercials About MarkNtel Advisors Who we are? 53 55 Disclaimer & Contact Details © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 2

  3. Report Particulars Mexico Automotive Brake Pad Market Report Basics Sr. No Particulars 1 Report Published November 2021 2 Number of Research Hours 162 3 Total Number of Pages in the Final Report 100+ 4 Research Period 2017-2027 Historical Years 2017-2020 Base Year 2021 Estimated Year 2022 Forecast Year 2027 5 Currency Used Throughout the Report The United States Dollars OR USD 6 Market Measurement Value in USD million; Units Sold #Charts in the sample slides are not meant for scaling purposes © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 3

  4. Market Segmentation Mexico Automotive Brake Pad Market By Material Type • Semi-Metallic • Non-Asbestos Organic (NAO) • Low-Metallic and Ceramic By Demand Type • OEM • Aftermarket By Vehicle Type • Passenger Car • SUV • Sedan • Multi Purpose Vehicle (MPV) • Hatchback • Light Commercial Vehicle (LCV) • Light Trucks • Light Bus • Pick-Up Trucks & Vans By Company • Bosch Group • Wagner • ACDelco • Brembox • Akebono Brake Mexico S.A. de C.V. • Ferodo • Abex • SangsinBrake Mexico • WokingBrakes • FRAS-LE • Heavy Commercial Vehicle (HCV) • Semi-Trailer Trucks • Extra Duty Trucks • Tanker Trucks • Garbage Trucks • Bus © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 4

  5. Study Background – Project Outline (1/6) Table of Content 1. Introduction 1.1. Product Definition 1.2. Research Process 1.3. Assumptions 1.4. Market Segmentation Preface 2. 3. Executive Summary 4. 5. 6. 7. Impact of COVID-19 on Mexico Brake Pad Market Mexico Brake Pad Government Regulations and Policies Mexico Brake Pad Market Trends & Insights Mexico Brake Pad Market Dynamics 7.1. Growth Drivers 7.2. Challenges 7.3. Impact Analysis Mexico Brake Pad Market Hotspot & Opportunities Mexico Brake Pad Market Outlook, 2017-2027F 9.1. Market Size & Analysis 9.1.1. Market Revenues 9.1.2. Unit Sold 9.2. Market Share & Analysis 8. 9. © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 5

  6. Study Background – Project Outline (2/6) Table of Content 9.2.1. By Material Type 9.2.1.1. Semi-Metallic 9.2.1.2. Non-Asbestos Organic (NAO) 9.2.1.3. Low-Metallic and Ceramic 9.2.2. By Vehicle Type 9.2.2.1. Passenger Car 9.2.2.2. Light Commercial Vehicle (LCV) 9.2.2.3. Heavy Commercial Vehicle (HCV) 9.2.3. By Demand Type 9.2.3.1. OEM 9.2.3.2. Aftermarket 9.2.4. By Competitors 9.2.4.1. Competition Characteristics 9.2.4.2. Market Share & Analysis 9.2.4.3. Competitor Placement in MarkNtel Quadrant 10. Mexico Passenger Car Brake Pad Market Outlook, 2017-2027F 10.1. Market Size & Analysis 10.1.1. Market Revenues 10.1.2. Unit Sold 10.2. Market Share & Analysis © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 6

  7. Study Background – Project Outline (3/6) Table of Content 10.2.1. By Type 10.2.1.1. SUV 10.2.1.2. Sedan 10.2.1.3. Hatchback 10.2.1.4. Multipurpose Vehicle (MPV) 10.2.2. By Material Type 10.2.2.1. Semi-Metallic 10.2.2.2. Non-Asbestos Organic (NAO) 10.2.2.3. Low-Metallic and Ceramic 10.2.3. By Demand Type 10.2.3.1. OEM 10.2.3.2. Aftermarket 11. Mexico LCV Brake Pad Market Outlook, 2017-2027F 11.1. Market Size & Analysis 11.1.1. Market Revenues 11.1.2. Unit Sold 11.2. Market Share & Analysis 11.2.1. By Type 11.2.1.1. Light Truck 11.2.1.2. Light Buses © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 7

  8. Study Background – Project Outline (4/6) Table of Content 11.2.1.3. Pick-Up Trucks & Vans 11.2.2. By Material Type 11.2.2.1. Semi-Metallic 11.2.2.2. Non-Asbestos Organic (NAO) 11.2.2.3. Low-Metallic and Ceramic 11.2.3. By Demand Type 11.2.3.1. OEM 11.2.3.2. Aftermarket 12. Mexico HCV Brake Pad Market Outlook, 2017-2027F 12.1. Market Size & Analysis 12.1.1. Market Revenues 12.1.2. Unit Sold 12.2. Market Share & Analysis 12.2.1. By Type 12.2.1.1. Semi-Trailer Trucks 12.2.1.2. Extra Duty Trucks 12.2.1.3. Tanker Trucks 12.2.1.4. Garbage Trucks 12.2.1.5. Bus 12.2.2. By Material Type © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 8

  9. Study Background – Project Outline (5/6) Table of Content 12.2.2.1. Semi-Metallic 12.2.2.2. Non-Asbestos Organic (NAO) 12.2.2.3. Low-Metallic and Ceramic 12.2.3. By Demand Type 12.2.3.1. OEM 12.2.3.2. Aftermarket 13. Mexico Brake Pad Market Key Strategic Imperatives for Success & Growth 14. Competition Outlook 14.1. Competition Matrix 14.1.1. Research & Development 14.1.2. Collaborations & Strategic Alliances 14.1.3. Key Business Expansion Initiatives 14.1.4. Business Restructuring-Mergers, Acquisitions, JVs 14.1.5. Strategic Initiatives 14.2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans) 14.2.1. Bosch Group 14.2.2. Wagner 14.2.3. ACDelco 14.2.4. Brembox 14.2.5. Akebono Brake Mexico S.A. de C.V. © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 9

  10. Study Background – Project Outline (6/6) Table of Content 14.2.6. Ferodo 14.2.7. Abex 14.2.8. Sangsin Brake Mexico 14.2.9. Woking Brakes 14.2.10. FRAS-LE 15. Disclaimer © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 10

  11. Document Outline 02 Research Scope Report Particulars, Key Questions Answered, Market Segmentation, Table of Content Sample Illustration Mexico Automotive Brake Pad Market Research Report, Forecast (2022-2027) 13 Research Process & Methodology Research Approach, Research Methodology 42 51 Commercials About MarkNtel Advisors Who we are? 53 55 Disclaimer & Contact Details © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 11

  12. Mexico Automotive Brake Pad Market Outlook, 2017-2027F © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 12

  13. Mexico Automotive Brake Pad Market, By Revenues & Units Sold Figure XX: Mexico Automotive Brake Pad Market Revenues (USD Million) and Units Sold (Million Units), 2017- 2027F CAGR CAGR Revenues: XX.XX% | Units Sold: XX.XX% Revenues: XX.XX% | Units Sold: XX.XX% 2017 2018 2019 2020 2021 2022F 2023F 2024F 2025F 2026F 2027F Revenue (USD Million) Units Sold (Million Units) Source: MarkNtel Advisors Market Synopsis In line with the growth and development of the automotive industry in Mexico, the Mexico Automotive Brake Pad market during 2017-2019 has also depicted substantial • growth. Additionally, Mexico being a hub of automotive manufacturing has demanded continuous production and supply of automotive brake pads. The country also has been a key exporter of vehicles to its neighboring states such as the US, Canada, Brazil, as well as some European nations. Nonetheless, in 2021 due to the Coronavirus pandemic, the brake pad market hit a sudden downfall, due to the halt in manufacturing and global microchip shortage. The • country has initiated a gradual recovery from the pandemic, but still portrays a long way to achieve the pre-pandemic manufacturing rates. As the economy of the country mainly depends upon production and exports to the peer nations, the government has taken key initiatives in developing the • manufacturing sector of the country. Recently in 2021, TransDevelopment Group and Kansas City Southern have partnered up to build a railway line and storage facility. © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 13

  14. Mexico Automotive Brake Pad Market, By Revenues & Units Sold Known as a vehicle distribution center, the railway line and the storage facility being built are Table XX: Mexico Annual Vehicle Production, By Vehicle Type, 2017-2020 • expected to be operational by 2022 and are predicted to be of extreme help due to the convenient vehicle distribution to the Automobile manufacturers. Year Vehicle Type Units Produced XX • Passenger Cars XX 2017 Light Commercial Vehicle XX XX • MHCV XX XX • XX XX 2018 XX XX XX • XX XX XX XX XX • 2019 XX XX XX • XX XX XX XX XX • 2020 XX XX XX XX XX • Source: National Institute of Statistics and Geography (INEGI) of Mexico, OICA © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 14

  15. Mexico Automotive Brake Pad Market, By Material Type Figure XX: Mexico Automotive Brake Pad Market Share, By Revenues (Percentage), By Units Sold (Percentage), By Material Type, 2021 & 2027F Revenue Share, By Material Type Market Share- By Units Sold, By Material Type Semi-Metallic Semi-Metallic 2021 2027 2021 2027 Non-Asbestos Organic (NAO) Non-Asbestos Organic (NAO) Low-Metallic and Ceramic Low-Metallic and Ceramic Source: MarkNtel Advisors Introduction Based on material type, semi-metallic have acquired a notable share in the market due to application in multiple vehicles such as passenger cars and race cars, due to the • long durability and high performance of this material type of brake pad. Passenger car production since the past years has surged consequentially and thus has impacted the brake pad market in a similar way. Further, the new set up of production units in the country by the automotive countries from across the globe suggest a strong rise in the brake pad market for the • forthcoming years. For Instance: Lately in 2021, BMW announced its new expansion plan in Mexico with its new sports car line Series 2 coupe, with an investment of around USD 125 million. © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 15

  16. Mexico Automotive Brake Pad Market, By Material Type Figure XX: Mexico Automotive Brake Pad Market Share, By Revenues (USD Million), By Units Sold (Million), By Material Type, 2021 & 2027F CAGR 2017- 2021 CAGR 2022- 2027 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 Revenues (USD Million) X X X X X X X X X X X X% X% Semi-Metallic Units Sold (Million) X X X X X X X X X X X X% X% Revenues (USD Million) X X X X X X X X X X X X% X% Non-Asbestos Organic (NAO) Units Sold (Million) X X X X X X X X X X X X% X% Revenues (USD Million) X X X X X X X X X X X X% X% Low-Metallic and Ceramic Units Sold (Million) X X X X X X X X X X X X% X% Source: MarkNtel Advisors © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 16

  17. Mexico Automotive Brake Pad Market, By Vehicle Type Figure XX: Mexico Automotive Brake Pad Market Revenues (USD Million), By Units Sold (Million), By Vehicle Type, 2021 & 2027F Revenue Share, By Vehicle Type Market Share- By Units Sold, By Vehicle Type Passenger Cars Passenger Cars Light Commercial Vehicles (LCV) Light Commercial Vehicles (LCV) 2021 2027 2021 2027 Heavy Commercial Vehicles (HCV) Heavy Commercial Vehicles (HCV) Source: MarkNtel Advisors Light commercial vehicles (LCV) and heavy commercial vehicles (HCV) combined to capture a consequential share in the Mexico Automotive Brake Pad market between • 2017-2020. The companies such as Ford, General Motors, Toyota, etc. are some of the companies in the country having manufacturing lines for pick-up trucks. However, many companies have reported a dip in their production and exports as compared to the previous years in 2021 owing to the shortage of microchips and the • covid-19 pandemic, and the chip shortage, according to the National Institute of Statistics and Geography, Mexico. A total of around 257,813 cars and light trucks were produced in October 2021, which was a 25.9% downfall compared to the last year. Nevertheless, there still has been considerable manufacturing of LCVs in the country which has been sustaining the development of the brake pad market in Mexico. Ford • in 2021, initiated the production of C-Pick up along with Ford Bronco Sport. © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 17

  18. Mexico Automotive Brake Pad Market, By Vehicle Type Figure XX: Mexico Automotive Brake Pad Market Share, By Revenues (USD Million), By Units Sold (Million), By Vehicle Type, 2021 & 2027F CAGR 2017- 2021 CAGR 2022- 2027 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 Revenues (USD Million) X X X X X X X X X X X X% X% Passenger Cars Units Sold (Million) X X X X X X X X X X X X% X% Revenues (USD Million) X X X X X X X X X X X X% X% Light Commercial Vehicles Units Sold (Million) X X X X X X X X X X X X% X% Revenues (USD Million) X X X X X X X X X X X X% X% Heavy Commercial Vehicles Units Sold (Million) X X X X X X X X X X X X% X% Source: MarkNtel Advisors © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 18

  19. Mexico Automotive Brake Pad Market, By Demand Type Figure XX: Mexico Automotive Brake Pad Market Revenues (USD Million), By Units Sold (Million), By Demand Type, 2021 & 2027F Revenue Share, By Demand Type Market Share- By Units Sold, By Demand Type OEM OEM 2021 2027 2021 2027 Aftermarket Aftermarket Source: MarkNtel Advisors Market Overview As automotive manufacturing is more than the local demand for automobiles in the nation, the OEM has a primary share in the market compared to the aftermarket • demand. The rapid expansion of OEMs companies has also been an important fact in the increase of OEM market share and which is also expected to remain the same in the future years. Additionally, the country being geographically benefitted due to its position between the North American and South American market, caters to their demand for • automotive vehicles. Mexico has 13 trade agreements with 50 countries including USMCA, European Free Trade Agreement, FTAs with Japan, Israel, etc. Hence, indicating the OEM market for brake pads to be larger than the aftermarket. © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 19

  20. Mexico Automotive Brake Pad Market, By Demand Type Figure XX: Mexico Automotive Brake Pad Market Share, By Revenues (USD Million), By Units Sold (Million), By Demand Type, 2021 & 2027F CAGR 2017- 2021 CAGR 2022- 2027 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 Revenues (USD Million) X X X X X X X X X X X X% X% OEM Units Sold (Million) X X X X X X X X X X X X% X% Revenues (USD Million) X X X X X X X X X X X X% X% Replacement Units Sold (Million) X X X X X X X X X X X X% X% Source: MarkNtel Advisors © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 20

  21. Mexico Automotive Brake Pad Market, By Competitors Figure XX: Mexico Automotive Brake Pad Market Share (Percentage), By Competitors, 2021 Others (USD XX Million) Bosch Group (USD XX Million)  XX  XX  XX  XX FRAS-LE (USD XX Million) Wagner (USD XX Million) USD XX Million  XX  XX  XX  XX Brembox (USD XX Million) ACDelco (USD XX Million)  XX  XX  XX  XX Source: MarkNtel Advisors © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 21

  22. Mexico Passenger Car Automotive Brake Pad Market Outlook, 2017- 2027F © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 22

  23. Mexico Passenger Car Brake Pad Market, By Revenues & Units Sold Figure XX: Mexico Passenger Car Brake Pad Market Revenues (USD Million) and Units Sold (Million Units), 2017- 2027F CAGR CAGR Revenues: XX.XX% | Units Sold: XX.XX% Revenues: XX.XX% | Units Sold: XX.XX% 2017 2018 2019 2020 2021 2022F 2023F 2024F 2025F 2026F 2027F Revenue (USD Million) Units Sold (Million Units) Source: MarkNtel Advisors Market Overview According to the US, International Trade Administration, Mexico is the sixth-largest passenger car manufacturer across the globe, with an average of producing • approximately 3 million vehicles every year. The country has been the main exporter of passenger cars to the US for ages. Hence, implying a significant market for the brake pads for the passenger car segment in the historical period. The new investments soaring in the country for electric vehicles are predicted to further accentuate the market development of the brake pads in the upcoming years. • Such as, in 2021, GM announced its plan to invest around USD 1 billion for the manufacturing of electric vehicles in the country and is estimated to commence its operations by 2023, under its plan of offering only electric vehicles (EVs) by 2035. © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 23

  24. Mexico Passenger Car Brake Pad Market, By Type Table XX: Mexico Passenger Car Brake Pad Market Size (USD Million), By Units Sold (Million), By Type, 2017- 2027F CAGR 2017- 2021 CAGR 2022- 2027 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 Revenues (USD Million) X X X X X X X X X X X X% X% SUV Units Sold (Million) X X X X X X X X X X X X% X% Revenues (USD Million) X X X X X X X X X X X X% X% Sedan Units Sold (Million) X X X X X X X X X X X X% X% Revenues (USD Million) X X X X X X X X X X X X% X% Hatchback Units Sold (Million) X X X X X X X X X X X X% X% Revenues (USD Million) X X X X X X X X X X X X% X% Multipurpose Vehicle Units Sold (Million) X X X X X X X X X X X X% X% Source: MarkNtel Advisors © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 24

  25. Mexico Passenger Car Brake Pad Market, By Material Type Figure XX: Mexico Passenger Car Brake Pad Market Revenues (USD Million), By Units Sold (Million), By Material Type, 2021 & 2027F Revenue Share, By Material Type Market Share- By Units Sold, By Material Type Semi-Metallic Semi-Metallic 2021 2027 2021 2027 Non-Asbestos Organic (NAO) Non-Asbestos Organic (NAO) Low-Metallic and Ceramic Low-Metallic and Ceramic Source: MarkNtel Advisors XX • XX • XX • © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 25

  26. Mexico Passenger Car Brake Pad Market, By Material Type Figure XX: Mexico Passenger Car Brake Pad Market Share, By Revenues (USD Million), By Units Sold (Million), By Material Type, 2021 & 2027F CAGR 2017- 2021 CAGR 2022- 2027 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 Revenues (USD Million) X X X X X X X X X X X X% X% Semi-Metallic Units Sold (Million) X X X X X X X X X X X X% X% Revenues (USD Million) X X X X X X X X X X X X% X% Non-Asbestos Organic (NAO) Units Sold (Million) X X X X X X X X X X X X% X% Revenues (USD Million) X X X X X X X X X X X X% X% Low-Metallic and Ceramic Units Sold (Million) X X X X X X X X X X X X% X% Source: MarkNtel Advisors © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 26

  27. Mexico Passenger Car Brake Pad Market, By Demand Type Figure XX: Mexico Passenger Car Brake Pad Market Revenues (USD Million), By Units Sold (Million), By Demand Type, 2021 & 2027F Revenue Share, By Demand Type Market Share- By Units Sold, By Demand Type OEM OEM 2021 2027 2021 2027 Aftermarket Aftermarket Source: MarkNtel Advisors XX • XX • XX • © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 27

  28. Mexico Passenger Car Brake Pad Market, By Vehicle Type Figure XX: Mexico Passenger Car Brake Pad Market Share, By Revenues (USD Million), By Units Sold (Million), By Vehicle Type, 2021 & 2027F CAGR 2017- 2021 CAGR 2022- 2027 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 Revenues (USD Million) X X X X X X X X X X X X% X% OEM Units Sold (Million) X X X X X X X X X X X X% X% Revenues (USD Million) X X X X X X X X X X X X% X% Aftermarket Units Sold (Million) X X X X X X X X X X X X% X% Source: MarkNtel Advisors © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 28

  29. Document Outline 02 Research Scope Report Particulars, Key Questions Answered, Market Segmentation, Table of Content Sample Illustration Mexico Automotive Brake Pad Market Research Report, Forecast (2022-2027) 13 Research Process & Methodology Research Approach, Research Methodology 42 51 Commercials About MarkNtel Advisors Who we are? 53 55 Disclaimer & Contact Details © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 29

  30. Disclaimer • MarkNtel Advisors LLP provides valuable market intelligence to an exclusive group of customers in response to orders. The report is licensed for the customer's internal use only and is subject to restrictions set henceforth. This document and its contents are confidential and may not be further distributed, published, or reproduced, in whole or in part, by any medium or in any form for any purpose, without the written consent of MarkNtel Advisors. The customer will not disclose the contents of the report, whether directly through any medium or indirectly through incorporation in a database, marketing list, report or otherwise, or use or permit the use of information to generate any statistical or other information that is or will be provided to third parties, or voluntarily produce information in legal proceedings. • Market reports are based on expectations, estimates and projections as of the date such information is available. Any recommendation contained in this report may not be suitable for all investors or Contact Us inherently subject to market fluctuations and business, economic and competitive uncertainties, and contingencies businesses. The market conclusions drawn are necessarily based upon a number of estimates and assumptions that, while considered reasonable by MarkNtel Advisors as of the date of such statements, are sales@marknteladvisors.com +1 604 800 2671, +91 8719999009 Corporate Office: Office No.106, H-160, Noida - 63, UP- 201301 www.marknteladvisors.com © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved

More Related