Brake callipers are an important part of a vehicle’s braking system. Its function is to slow the wheels of the car by causing friction with the braking rotors. When you apply the brakes, the brake calliper fits like a clamp on the rotor of the wheel, preventing it from turning. They squeeze the brake pads against the surface of the brake rotor to slow or stop the vehicle. They slow the vehicle’s wheels down by causing friction with the braking rotors.
Automotive Brake Caliper Market Scope:
The report contains a qualitative and quantitative analysis of the Automotive Brake Caliper Market segmented by economic and non-economic factors. It also includes a thorough examination of the Automotive Brake Caliper industry from various angles using Porter’s five forces analysis. The report delves into the Automotive Brake Caliper Market along the value chain. The report provides historical data and forecasts revenue growth at the country, regional, and global levels, as well as an analysis of market trends in each sub-segment and region. The report’s competitive landscape includes details by Automotive Brake Caliper competitors such as company overview, financials, revenue generated, market potential, investment in research and development, new market initiatives, presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The bottom-up approach was used to estimate the size of the national and regional Automotive Brake Caliper markets.
Automotive Brake Caliper Market Overview:
Stellar Market Research provides a detailed description of the Automotive Brake Caliper Market, allowing you to better understand its features. The Automotive Brake Caliper research paper details the projected statistics, significant advancements, and income.
Automotive Brake Caliper Market Size is expected to grow at a CAGR of 3.5% during the forecast period. The Automotive Brake Caliper Market is expected to reach US$ 10.18 Bn. in 2027 from US$ 8.28 Bn. in 2021.
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Automotive Brake Caliper Market Segmentation:
Depending on the product, The automotive brake calliper market is divided into two categories: fixed and floating. Fixed callipers have pistons on both sides of the rotor and are non-moving. These callipers are more expensive than floating callipers but provide better performance. High-performance fixed callipers typically have two or more sets of pistons (or pots) on each face of the rotor; others can have up to six sets in total. One or two pistons move inward and outward to the rotor in floating callipers. When you apply the brakes, the piston drives the entire calliper, creating friction between the brake pads on both sides of the rotor.
The fixed brake calliper segment is expected to capture more than 55% of the automotive brake calliper market sooner. The fixed brake calliper segment is expected to dominate the automotive brake calliper market due to the benefits it provides to vehicles, such as residual torque and weight reduction, as well as the growing demand for high-performance automobiles with low carbon emissions.
The Automotive Brake Calliper market is classified into Steel, Aluminium, Titanium, and Phenolics based on Piston Material. The piston material made of steel segment generated approximately USD 4.5 billion in revenue in 2021. The supremacy is due primarily to its low cost in comparison to other materials, as well as its ease of availability.
Steel pistons are commonly used in passenger cars and large commercial vehicles due to their increased durability and ability to withstand high compressive forces. Manufacturers strive to improve product quality in order to diversify their product portfolio and gain a competitive advantage. Because it is widely used to manufacture steel callipers, the high-pressure die casting process is expected to gain significant traction in the automotive brake calliper market.
The automotive brake calliper market is divided into two segments based on end-user: OEM and aftermarket. The OEM user segment controlled the automotive brake calliper market in 2021 due to increased demand for air disc brakes in vehicles. Rising demand from zero-emission vehicle manufacturers, as well as a growing demand for safe and high-performance automobiles, may propel the Automotive Brake Calliper market even further.
The Automotive Brake Calliper market is divided into four segments based on vehicle type: passenger cars, light commercial vehicles (LCV), heavy commercial vehicles (HCV), and two-wheelers. Since callipers reduce on-track operating temperature, thus improving braking system performance, the passenger car vehicle sector accounted for a sizable portion of the market in 2021. During the forecast period, the category is expected to maintain its lead in the automotive brake calliper market.
Automotive Brake Caliper Market Key Players:
Akebono Brake Industry Co (Japan)
LTD (Japan)
Aisin Seiki Co. (Japan)
Continental AG (Germany)
WABCO (US)
ZF Friedrichshafen AG (Germany)
Brembo S p.a. (Italy)
Mando Corporation (Korea)
ACDelco (US)
Chassis Brakes International (India)
Apec Braking (UK)
Remy Automotive (Belgium)
Robert Bosch (Germany)
ATL Industries (Canada)
AbeBrakes (UK)
Centric parts (US)
Regional Analysis:
Each regional Automotive Brake Caliper market sector is extensively researched to determine its current and future growth prospects. This assists clients in expanding their businesses. The market report covers all five regions as well as their country distribution. The Automotive Brake Caliper report also includes information on their market size and trends.
Key Questions answered in the Automotive Brake Caliper Market Report are:
- What is Automotive Brake Caliper ?
- What are the trends in the Automotive Brake Caliper Market?
- What are the upcoming industry applications and trends for the Automotive Brake Caliper Market?
- What are the factors contributing to the final price of Automotive Brake Caliper ?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Automotive Brake Caliper Market?
- How is the intervention from regulatory authority shaping the Automotive Brake Caliper Market?
- What growth strategies are the players considering to increase their presence in Automotive Brake Caliper ?
- Who are the leading manufacturers in Automotive Brake Caliper Market?
- What are the major challenges that the Automotive Brake Caliper Market could face in the future?
- Which region held the largest Automotive Brake Caliper market share?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis of each segment and their sub-segments
- Landscape- Leading key players and other prominent key players.
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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