Overview and Scope
A brake caliper refers to a vital part of an automobile's braking system that aids in reducing the rotor's rotation as the car is stopped. It generates friction with the brake rotors to slow the vehicle's wheels.
Sizing and Forecast
The brake caliper market size has grown steadily in recent years. It will grow from $11.39 billion in 2023 to $11.96 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to automotive safety regulations, evolution in automotive design, demand for performance vehicles, improved manufacturing processes, automotive performance enhancement.
The brake caliper market size is expected to see steady growth in the next few years. It will grow to $14.13 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to rise in electric and hybrid vehicles, demand for sustainable components, integration of sensor technology, evolution in brake-by-wire systems. Major trends in the forecast period include efficiency-optimized caliper designs, compact and space-saving designs, customizable caliper designs, integration of brake health monitoring, enhanced heat management.
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Segmentation & Regional Insights
The brake caliper market covered in this report is segmented –
1) By Type: Floating Brake Caliper, Fixed Brake Caliper
2) By Vehicle: Passenger Car, Light Commercial Vehicles (LCV), Two-Wheeler, High Commercial Vehicle (HCV)
3) By Piston Material: Aluminum, Steel, Titanium, Phenolics
4) By Distribution Channel: Original Equipment Manufacturer (OEM), Aftermarket
Asia-Pacific was the largest region in the brake caliper market in 2023. The regions covered in the brake caliper market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
Growth in passenger vehicle sales is expected to propel the growth of the brake caliper market going forward. Passenger vehicles refer to self-propelled vehicles with a capacity of no more than ten people, not including the driver. The crucial brake caliper, which applies pressure to the brake pads to slow or stop the vehicle, is an essential part of the car's braking system. A brake caliper is used to provide these vehicles with dependable braking systems. For instance, in March 2023, according to the European Automobile Manufacturers Association, a Belgium-based lobbying and standards group of the automobile industry, passenger car registrations in the EU increased by 11.5% from 719,783 units in 2022 to 802,763 units in 2023. Therefore, growth in passenger vehicles is driving the growth of the brake caliper market.
Key Industry Players
Major companies operating in the brake caliper market report are Robert Bosch GmbH, ZF Friedrichshafen AG, Continental AG, Aisin Seiki Co. Ltd, TRW Automotive Holdings Corp.,Knorr-Bremse AG, HL Mando Corporation, Brembo SpA, Bendix Commercial Vehicle Systems LLC, Cardone Industries Inc., Akebono Brake Industry Co Ltd., Haldex AB, FTE Automotive GmbH, MAT Foundry Group Ltd., Advics Co. Ltd., TMD Friction Holdings GmbH, Power Stop LLC, Centric Parts Inc., Wilwood Engineering Inc., Sumitomo Corporation, ACDelco Corp, Ap Racing Limited, Alcon Components Limited, Brake Engineering, Baer Inc., Tarox Srl, Japan Brake Industrial Co Ltd., Nissin Brake Performance, Remsa S.A., Nakamoto Industrial Co. Ltd.
The brake caliper market report table of contents includes:
1. Executive Summary
2. Brake Caliper Market Characteristics
3. Brake Caliper Market Trends And Strategies
4. Brake Caliper Market - Macro Economic Scenario
5. Global Brake Caliper Market Size and Growth
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32. Global Brake Caliper Market Competitive Benchmarking
33. Global Brake Caliper Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Brake Caliper Market
35. Brake Caliper Market Future Outlook and Potential Analysis
36. Appendix
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SummaryGlobal Automotive Brake Caliper Market Size Research Report: Information by Product Type (Fixed and Floating Brake Caliper), by Material (Cast Iron, Stainless Steel and Aluminum), by Vehicle Type (Passenger Car and Commercial Vehicle), by Sales Channel (OEM and Aftermarket) and by Region (North America, Europe, Asia-Pacific and the Rest of the World) - Forecast till 2025Automotive Brake Caliper Market Size OverviewThe global Automotive Brake Caliper Market Size is expected to exhibit a CAGR of 3.8% over the forecast period from 2019 to 2025, according to the latest research report from Market Research Future (MRFR).
The global Automotive Brake Caliper Market Size is expected to exhibit steady growth over the forecast period due to the growing demand for higher technological specifications in the automotive industry and the growing demand for highly effective braking components that allow smooth braking without putting undue stress on the automotive body.
The growing demand for technological advancement in the automotive industry is likely to be the major driver for the global Automotive Brake Caliper Market Size over the forecast period.The report presents a detailed study of the global Automotive Brake Caliper Market Size, providing readers with detailed info on the market’s leading players, key segments, and major drivers and restraints.
The historical growth trajectory of the global Automotive Brake Caliper Market Size is analyzed in detail in the report and serves as the basis for studied forecasts regarding the market’s growth prospects over the forecast period and beyond.
Key elements of the global Automotive Brake Caliper Market Size are studied in the report in order to shed light on the various factors key to the market’s growth in the coming years.Competitive AnalysisLeading players in the global Automotive Brake Caliper Market Size include Japan Brake Industrial Co. Ltd., Budweg Caliper A/S, BWI Group, AbeBrakes, ATL Industries, Robert Bosch, Apec Braking, ACDelco, Mando Corporation, Brembo S.p.A., WABCO, ZF Friedrichshafen, Continental AG, Aisin Seiki Co. Ltd., and Akebono Brake Industry Co. Ltd.In July 2019, Carbon Performance announced the development of 3D printed brake calipers using its automated platform, SK3L370N.
3D printing could play a key role in the growth of the Automotive Brake Caliper Market Size over the forecast period, as it enables easy manufacturing of multiple copies of the given design.In June 2019, KPS Capital Partners announced the sale of Chassis Brakes International Group to Hitachi Automotive Systems Ltd.SegmentationThe global Automotive Brake Caliper Market Size is segmented based on product type, material, vehicle type, sales channel, and region.On the basis of product type, the global Automotive Brake Caliper Market Size has been segmented into fixed and floating brake caliper.On the basis of material, the Automotive Brake Caliper Market Size is segmented into cast iron, stainless steel, and aluminum.On the basis of vehicle type, the global Automotive Brake Caliper Market Size has been bifurcated into passenger cars and commercial vehicles.On the basis of sales channel, the global market has been divided into OEM and aftermarket.Regional AnalysisAsia Pacific is likely to dominate the global Automotive Brake Caliper Market Size over the forecast period due to the growing automotive production in the region and the growing demand for product advancements in automotive technology.
Global Automotive Brake Caliper market - A report by Fact.MRFact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Automotive Brake Caliper market.
The Automotive Brake Caliper report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.
Each segment along with its sub-segment is analyzed in terms of value and volume.
Further, the Automotive Brake Caliper report elaborates the market behavior of each vendor operating in the Automotive Brake Caliper market.Request to View Sample of Report @ https://www.factmr.com/connectus/sample?flag=S_id=2483The Automotive Brake Caliper report considers the following years to present the overall market growth:History Year: 2013 - 2017Base Year: 2013Estimated Year: 2027Forecast Year: 2018 – 2027Key findings of the Automotive Brake Caliper market study:Regional breakdown of the Automotive Brake Caliper market based on predefined taxonomy.Innovative manufacturing processes implemented by Automotive Brake Caliper vendors in detail.Region-wise and country-wise fragmentation of the Automotive Brake Caliper market to grasp the revenue, and growth outlook in these areas.Changing preferences among consumers across various regions and countries.Factors (Positive and Negative) impacting the growth of the global Automotive Brake Caliper market.A Methodology of this Report is Available upon Request @ https://www.factmr.com/connectus/sample?flag=RM_id=2483On the basis of product, the Automotive Brake Caliper market study consists of:FixedSlidingOn the basis of vehicle type, the Automotive Brake Caliper market study incorporates:PCVLCVHCVOn the basis of region, the Automotive Brake Caliper market study contains:North AmericaLatin AmericaEuropeJapanKey players analyzed in the Automotive Brake Caliper market study:TRW AutomotiveContinental AGAisin Seiki Co., LtdAkebono Brake Industry Co., LtdQueries addressed in the Automotive Brake Caliper market report:How has the global Automotive Brake Caliper market grown over the historic period of 2013-2017?Why are the Automotive Brake Caliper market players targeting region for increased product sales?What patented technologies are the players utilizing in the global Automotive Brake Caliper market?Which regions are displaying the fastest growth in the Automotive Brake Caliper market?What are the underlying micro- macroeconomic factors affecting the global Automotive Brake Caliper market?Get Full Access of the Report @ https://www.factmr.com/report/2483/automotive-brake-caliper-marketWhy choose Fact.MR?Reports published by Fact.MR are a result of the combination of our experts and digital technologies.
We thrive to provide innovative business solutions to the clients as well as tailor the reports aligning with the clients’ requisites.
Our analysts perform comprehensive research to offer ins and outs of the current market situation.
