Brake calipers 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 caliper 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 Report Scope and Research Methodology:
The report’s main goal is to provide a comprehensive assessment of the Automotive Brake Caliper market, which includes major leading stakeholders in the Automotive Brake Caliper industry. The assessment clearly shows the forecasted market size and trends, as well as the Automotive Brake Caliper market’s historical and status. The report includes revenue, market share, production, and sales data for the Automotive Brake Caliper market. In addition, the report includes Automotive Brake Caliper market segment trends, investment, and technology, as well as the competitive landscape. It also includes an examination of regional and market segments, application areas, and market growth strategies. An in-depth analysis of market segmentation aids in determining current market opportunities, and the major segments of the Automotive Brake Caliper market are further subdivided.
The report analyses the Automotive Brake Caliper market qualitatively and quantitatively from 2022 to 2027 to identify the current market opportunity. Porter’s five forces analysis highlights the ability of Automotive Brake Caliper industry suppliers and buyers to make profit-oriented business decisions and strengthen their buyer-supplier network. The Automotive Brake Caliper market study provides unique guidance in thoughtful details regarding development factors, and it was created using a top-down and bottom-up approach to ensure accuracy and precision. SMR’s expert analysts gathered data for the Automotive Brake Caliper market report using extensive primary and secondary research methodologies.
Automotive Brake Caliper Market Overview
The report goes into detail about the Automotive Brake Caliper Market’s drivers, restraints, technological advancements, product developments, market opportunities, restrictions, growth strategies, and market prospects, as well as the forecast period. The report provides a comprehensive examination of the Automotive Brake Caliper industry, including key figures such as Automotive Brake Caliper market size, market share, revenue growth, and CAGR for the forecast period (2021 to 2027).
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 Drivers:
The growing use of lightweight and composite materials in the production of lighter vehicles for electric and hybrid vehicles, as well as the development of improved braking systems for upcoming vehicles, are expected to drive market growth. Government regulations and standards have had the greatest impact on brake calipers in vehicle safety modules.
Automotive Brake Caliper Market Segmentation:
Depending on the product, The automotive brake caliper market is divided into two categories: fixed and floating. Fixed calipers have pistons on both sides of the rotor and are non-moving. These calipers are more expensive than floating calipers but provide better performance. High-performance fixed calipers 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 calipers. When you apply the brakes, the piston drives the entire caliper, creating friction between the brake pads on both sides of the rotor.
The fixed brake caliper segment is expected to capture more than 55% of the automotive brake caliper market sooner. The fixed brake caliper segment is expected to dominate the automotive brake caliper 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 Caliper market is classified into Steel, Aluminum, 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 calipers, the high-pressure die casting process is expected to gain significant traction in the automotive brake caliper market.
The automotive brake caliper market is divided into two segments based on end-user: OEM and aftermarket. The OEM user segment controlled the automotive brake caliper 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 Caliper market even further.
The Automotive Brake Caliper market is divided into four segments based on vehicle type: passenger cars, light commercial vehicles (LCV), heavy commercial vehicles (HCV), and two-wheelers. Since calipers 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.
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)
Automotive Brake Caliper Market Regional Insights:
Major countries in each region are included in the report according to their revenue contribution to the Automotive Brake Caliper market. The study includes a region-wise detailed analysis of the Automotive Brake Caliper market. The regions are:
- North America
- Asia Pacific
- Europe
- Latin America
- the Middle East, and Africa
Key Questions answered in the Automotive Brake Caliper Market Report are:
- What are the sales, production, consumption, and import and export of Automotive Brake Caliper globally (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major players in the Automotive Brake Caliper Industry on a worldwide scale?
- What is the state of business of Automotive Brake Caliper market players?
- What are the market opportunities and restraints for Automotive Brake Caliper suppliers in the Automotive Brake Caliper industry?
- Which application, end-user, or product category might be looking for new growth opportunities? What is each type’s and application’s Automotive Brake Caliper market share?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2021−2027
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments with their sub-segments and Region
- Competitive Landscape – Top Key Players and Other Prominent 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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