South Korea Automotive Brake Shims Market to 2032
Overview
The South Korea Automotive Brake Shims Market is expected to reach a 27.17 USD Million by 2032 and is projected to grow at a CAGR of 5.48% from 2025 to 2032.
Revenue, 2024 (USD Million)
18.70
Forecast, 2032 (USD Million)
27.17
CAGR, 2024 - 2032
5.48%
Report Coverage
South Korea
South Korea Automotive Brake Shims Market 2018-2032 USD Million
South Korea Automotive Brake Shims Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 18.70 USD Million
- Projected Market Size (2032): 27.17 USD Million
- CAGR (2025-2032): 5.48%
Key Findings of South Korea Automotive Brake Shims Market
- The South Korea Automotive Brake Shims Market was valued at 18.70 USD Million in 2024.
- The South Korea Automotive Brake Shims Market is likely to grow at a CAGR of 5.48% 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 11.44 USD Million
- The fastest growing segment Noise Reduction in Function Segment grew Fastest with a CAGR of 6.03% during the forecast period from 2024 to 2032.
South Korea Automotive Brake Shims Market Scope
South Korea Automotive Brake Shims Market Segmentation & Scope
Vehicle Type
- Two Wheelers
- Commercial Vehicles
- Passenger Cars
Function
- Heat Dissipation
- Vibration Damping
- Noise Reduction
Sales Channel
- Aftermarket
- New OEM
Material
- Others
- Aluminum
- Rubber Coated
- Stainless Steel
South Korea Automotive Brake Shims Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 18.70 USD Million |
| Market Value in 2032 | 27.17 USD Million |
| CAGR (2025-2032) | 5.48% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Vehicle Type,Function,Sales Channel,Material |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 18.70 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 18.70 USD Million in 2024.
Segments and Scope
-
South Korea Automotive Brake Shims Market to 2032, By Vehicle Type
- Passenger Cars is the largest segment in South Korea Automotive Brake Shims Market to 2032 with a revenue of 8.49 USD Million in the year 2024.
- Passenger Cars is the Fastest growing segment in South Korea Automotive Brake Shims Market to 2032 with a Growth rate of 5.97 % in forecast period 2025-2032.
-
South Korea Automotive Brake Shims Market to 2032, By Function
- Noise Reduction is the largest segment in South Korea Automotive Brake Shims Market to 2032 with a revenue of 8.54 USD Million in the year 2024.
- Noise Reduction is the Fastest growing segment in South Korea Automotive Brake Shims Market to 2032 with a Growth rate of 6.03 % in forecast period 2025-2032.
-
South Korea Automotive Brake Shims Market to 2032, By Sales Channel
- New OEM is the largest segment in South Korea Automotive Brake Shims Market to 2032 with a revenue of 11.44 USD Million in the year 2024.
- New OEM is the Fastest growing segment in South Korea Automotive Brake Shims Market to 2032 with a Growth rate of 6.00 % in forecast period 2025-2032.
-
South Korea Automotive Brake Shims Market to 2032, By Material
- Stainless Steel is the largest segment in South Korea Automotive Brake Shims Market to 2032 with a revenue of 8.16 USD Million in the year 2024.
- Stainless Steel is the Fastest growing segment in South Korea Automotive Brake Shims Market to 2032 with a Growth rate of 5.94 % in forecast period 2025-2032.
South Korea 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 | |||
South Korea Automotive Brake Shims Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Automotive Brake Shims Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Automotive Brake Shims Market is segmented based on Segmentation Vehicle Type,Function,Sales Channel,Material.
South Korea Automotive Brake Shims Market was valued at USD 18.70(Revenue in USD Million) in 2023.
South Korea Automotive Brake Shims Market is projected to grow at a CAGR of 5.48% during the forecast period of 2024 to 2032.
The New OEM segment is expected to dominate the South Korea Automotive Brake Shims Market, holding a largest market share of 11.44 USD Million in 2024
South Korea Automotive Brake Shims Market Scope
South Korea Automotive Brake Shims Market Segmentation & Scope
Vehicle Type
- Two Wheelers
- Commercial Vehicles
- Passenger Cars
Function
- Heat Dissipation
- Vibration Damping
- Noise Reduction
Sales Channel
- Aftermarket
- New OEM
Material
- Others
- Aluminum
- Rubber Coated
- Stainless Steel
Frequently Asked Questions
The South Korea Automotive Brake Shims Market is segmented based on Segmentation Vehicle Type,Function,Sales Channel,Material.
South Korea Automotive Brake Shims Market was valued at USD 18.70(Revenue in USD Million) in 2023.
South Korea Automotive Brake Shims Market is projected to grow at a CAGR of 5.48% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Automotive Brake Shims Market for final year is USD 27.17 (USD Million).
South Korea Automotive Brake Shims Market Company Profiling
Frequently Asked Questions
The South Korea Automotive Brake Shims Market is segmented based on Segmentation Vehicle Type,Function,Sales Channel,Material.
South Korea Automotive Brake Shims Market was valued at USD 18.70(Revenue in USD Million) in 2023.
South Korea Automotive Brake Shims Market is projected to grow at a CAGR of 5.48% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Automotive Brake Shims Market for final year is USD 27.17 (USD Million).
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