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Automotive Disc Brake Market Analysis 2022, Global Size, Share, Developments, Top Players, Trends and Forecast 2030

Jun 17, 2022 5:00 PM ET

Automotive Disc Brake Market Analysis 2022, Global Size, Share, Developments, Top Players, Trends and Forecast 2030

Automotive Disc Brake Market size is expected to develop at a CAGR of about 7% during the forecast timeframe, reaching about USD 18 billion by 2025

Disc Brakes Market Overview

The automotive disc brakes assist to regulate the rotation of the wheel with the usage of brake pods which increases the efficiency of the vehicle. Owing to its lightweight structure and efficient braking performance improves the driving performance of the vehicle. Development in the automotive industry has led to a growth in the demand for automotive disc brakes. The increasing usage of carbon-ceramic brake pads along with the adoption of disc brakes in motorcycles is expected to drive the growth of the automotive disc brake market in the coming time. Furthermore, the rise in the number of road mishaps has created a large demand for the advancement of breaking solutions. Safety is the priority for the competitors of the automotive disc brake market. It has opened new roads of expansion opportunities in the market.  Some of the other factors delivering a role in the expansion of the market are reduction of the stopping distance, self-adjusting nature et al. Moreover, the relaxed government initiatives are the in favor of disc brake production, promotion and adoption have also helped in propelling the automotive disc brake market 2020.

The increasing focus on introducing innovative and efficient printing materials to provide lightweight spare parts, reducing material wastage and lowering the turnaround time is driving the expansion of the global Disc Brakes market. The increasing government support for research and development in 3D printing technology is likely to impact positively on the growth of the global Disc Brakes market.

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Globally Major key Players accelerates the Disc Brakes Market are,

  • EBC Brakes (UK)
  • Nissin Kogyo Co.
  • Ltd (Japan)
  • TRW Automotive (US)
  • Aisin Seiki Co.
  • Ltd (Japan)
  • Haldex AB (Sweden)
  • Mando Automotive India Private Limited (India)
  • Federal-Mogul Motorparts LLC. (US)
  • Akebono Brake Corporation (Japan)
  • Knorr-Bremse AG (India)
  • and Brembo SpA (Italy)

Most important Segments of Disc Brakes market covered in this report are,

The automotive disc brakes market has been segregated on the grounds of the type, vehicle type, and regions

On the basis of type, the global disc brake market has been segregated into the floating caliper, fixed caliper, and sliding caper. The fixed caliper is the most successful segment due to the possession of good thermal conductivity, reduced noise, and long endurance to enhance the market.

On the basis of vehicle type, the automotive disc brake market can be divided into Heavy vehicles, light commercial vehicles, and passenger cars. Due to the low weight, and high delivery of performance, the passenger car vertical is likely to dominate the market during the review period.

On the basis of region, the automotive disc brake market is divided into Asia Pacific, Europe, North America, and the Rest of the World.

Disc Brakes Industry Influence of the global market report:

  • Comprehensive assessment of all opportunities and risks in the Disc Brakes Market.
  • Disc Brakes Market recent innovations and major events.
  • A detailed study of business strategies for the growth of the Disc Brakes Market market-leading players.
  • Conclusive study about the growth plot of Disc Brakes Market for forthcoming years.
  • In-depth understanding of Disc Brakes Market, market-particular drivers, constraints, and major micro markets.
  • Favorable impression inside vital technological and market latest trends striking the Disc Brakes Market.

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The global Disc Brakes market during the period has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with key experts such as CEOs VPs, directors, and executives. Finally, the global market breakdown and data triangulation procedures have been employed to complete the overall market engineering processes and functions and hence, arrive at the exact statistics for all segments and subsegments.

Disc Brakes Market Regional Analysis

On the basis of geography, the automotive disc brakes market has been segregated into Asia Pacific, Europe, and North America. The market in the Asia Pacific is estimated to expand at a robust speed during the review period owing to the high sales of automobiles across the regional market. Moreover, the growth of automotive OEMs in emerging economies such as India and China are enhancing the market and making it a more capable market for seamless expansion.

The Asia Pacific is the most potential market for automotive disc brakes. It is most likely to acquire a considerable amount of share by the end of the forecast period. The cause of growth comprises several factors like growth in the manufacture of automobiles, the installation of manufacturing units, the advancement of low-cost disc brakes, bad quality of roads, high speeding, et al.

Europe seizes the second position in the automotive disc brakes. The highly advanced automotive sector in the region is expected to produce a large amount of profit for the key players. Moreover, the existence of established economies and growing per capita income is likely to propel the automotive disc brake market during the review period. North America is a potent market and highly profitable throughout the review period.

Disc Brakes market demonstrates a high growth potential which is likely to attract many entrants to the market resultantly, intensifying the competition further. Manufacturers strive to develop innovative materials, and best practices. Incorporating acquisition, collaboration, partnership, and expansion the well-established players gain the competitive advantage to maintain their market position. Also, they make substantial investments in manufacturing & expansion program. Expansions help in reducing logistic cost and increase production capacities and potential to fetch larger turnovers.

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