Global Automotive Brake Shims Market to 2032
Overview
The Global Automotive Brake Shims Market is expected to reach a 719.91 USD Million by 2032 and is projected to grow at a CAGR of 5.12% from 2025 to 2032.
Revenue, 2024 (USD Million)
507.44
Forecast, 2032 (USD Million)
719.91
CAGR, 2024 - 2032
5.12%
Report Coverage
Global
Global Automotive Brake Shims Market 2018-2032 USD Million
Global Automotive Brake Shims Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 507.44 USD Million
- Projected Market Size (2032): 719.91 USD Million
- CAGR (2025-2032): 5.12%
Key Findings of Global Automotive Brake Shims Market
- The Global Automotive Brake Shims Market was valued at 507.44 USD Million in 2024.
- The Global Automotive Brake Shims Market is likely to grow at a CAGR of 5.12% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment New OEM in Sales Channel Segment accounted for the largest share of the market with a revenue of 309.27 USD Million
- The fastest growing segment Noise Reduction in Function Segment grew Fastest with a CAGR of 5.66% during the forecast period from 2024 to 2032.
Global Automotive Brake Shims Market Scope
Global Automotive Brake Shims Market Segmentation & Scope
Vehicle Type
- Two Wheelers
- Commercial Vehicles
- Passenger Cars
Material
- Others
- Aluminum
- Rubber Coated
- Stainless Steel
Function
- Heat Dissipation
- Vibration Damping
- Noise Reduction
Sales Channel
- Aftermarket
- New OEM
Global Automotive Brake Shims Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 507.44 USD Million |
| Market Value in 2032 | 719.91 USD Million |
| CAGR (2025-2032) | 5.12% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Vehicle Type,Material,Function,Sales Channel |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 507.44 USD Million in 2024
- Key Country: U.S., leading in terms of revenue with value of 157.99 USD Million in 2024.
Segments and Scope
-
Global Automotive Brake Shims Market to 2032, By Vehicle Type
- Passenger Cars is the largest segment in Global Automotive Brake Shims Market to 2032 with a revenue of 228.82 USD Million in the year 2024.
- Passenger Cars is the Fastest growing segment in Global Automotive Brake Shims Market to 2032 with a Growth rate of 5.65 % in forecast period 2025-2032.
-
Global Automotive Brake Shims Market to 2032, By Material
- Stainless Steel is the largest segment in Global Automotive Brake Shims Market to 2032 with a revenue of 219.43 USD Million in the year 2024.
- Stainless Steel is the Fastest growing segment in Global Automotive Brake Shims Market to 2032 with a Growth rate of 5.66 % in forecast period 2025-2032.
-
Global Automotive Brake Shims Market to 2032, By Function
- Noise Reduction is the largest segment in Global Automotive Brake Shims Market to 2032 with a revenue of 231.21 USD Million in the year 2024.
- Noise Reduction is the Fastest growing segment in Global Automotive Brake Shims Market to 2032 with a Growth rate of 5.66 % in forecast period 2025-2032.
-
Global Automotive Brake Shims Market to 2032, By Sales Channel
- New OEM is the largest segment in Global Automotive Brake Shims Market to 2032 with a revenue of 309.27 USD Million in the year 2024.
- New OEM is the Fastest growing segment in Global Automotive Brake Shims Market to 2032 with a Growth rate of 5.57 % in forecast period 2025-2032.
Global Automotive Brake Shims Market Company Share Analysis
| Company Name |
|
||
| Nisshinbo Holdings Inc. | |||
| ZF Friedrichshafen AG | |||
| Trelleborg AB (publ) | |||
| Hella Pagid GmbH | |||
| ADVICS Aftermarket North America | |||
Global Automotive Brake Shims Market Geographical Sales Distribution, 2018-2032 USD Million
Global Automotive Brake Shims Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Automotive Brake Shims Market is segmented based on Segmentation Vehicle Type,Material,Function,Sales Channel.
Global Automotive Brake Shims Market was valued at USD 507.44(Revenue in USD Million) in 2023.
Global Automotive Brake Shims Market is projected to grow at a CAGR of 5.12% during the forecast period of 2024 to 2032.
The New OEM segment is expected to dominate the Global Automotive Brake Shims Market, holding a largest market share of 309.27 USD Million in 2024
Global Automotive Brake Shims Market Scope
Global Automotive Brake Shims Market Segmentation & Scope
Vehicle Type
- Two Wheelers
- Commercial Vehicles
- Passenger Cars
Material
- Others
- Aluminum
- Rubber Coated
- Stainless Steel
Function
- Heat Dissipation
- Vibration Damping
- Noise Reduction
Sales Channel
- Aftermarket
- New OEM
Frequently Asked Questions
The Global Automotive Brake Shims Market is segmented based on Segmentation Vehicle Type,Material,Function,Sales Channel.
Global Automotive Brake Shims Market was valued at USD 507.44(Revenue in USD Million) in 2023.
Global Automotive Brake Shims Market is projected to grow at a CAGR of 5.12% during the forecast period of 2024 to 2032.
The estimated market value of the Global Automotive Brake Shims Market for final year is USD 719.91 (USD Million).
Global Automotive Brake Shims Market Company Profiling
Frequently Asked Questions
The Global Automotive Brake Shims Market is segmented based on Segmentation Vehicle Type,Material,Function,Sales Channel.
Global Automotive Brake Shims Market was valued at USD 507.44(Revenue in USD Million) in 2023.
Global Automotive Brake Shims Market is projected to grow at a CAGR of 5.12% during the forecast period of 2024 to 2032.
The estimated market value of the Global Automotive Brake Shims Market for final year is USD 719.91 (USD Million).
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