The global automotive brakes and clutches market is projected to grow from $27.5 billion in 2025 to $34.24 billion by 2029, posting a 5.6% compound annual growth rate (CAGR), according to a new report from The Business Research Company.
Growth is being fueled by rising electric vehicle adoption, advances in intelligent braking, and greater emphasis on safety and autonomous driving. Key innovations include brake-by-wire systems, regenerative braking, lightweight materials, ADAS integration, and modular clutch designs.
The sector’s expansion is closely tied to the automotive industry’s broader rebound. UK new car registrations rose for the 21st consecutive month in April 2024, up 1% to 134,274 units, boosting demand for core components like brakes and clutches.
Leading players include FCC Co. Ltd., BorgWarner Inc., NSK Ltd., Valeo Service Group, Robert Bosch GmbH, Brembo SpA, Continental AG, ZF Friedrichshafen AG, Marelli Holdings Co. Ltd., and Exedy Corporation.
North America led the market in 2024, with Asia-Pacific expected to post robust growth through 2029.
